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The Swamp

  • #92,481
  • Nov 16, 2021 5:14am Nov 16, 2021 5:14am
(1) Giles Coghlan on Twitter: "Traders look! ️Know the difference between risk/reward & expectancy️ @PriapusIQ @ForexStopHunter @SteliosConto @AndreasSteno @HYCM @FinSourceco @MrMBrown @ArnoVenter9 https://t.co/9R46TpkUDB" / Twitter

VERY COOL TOOL
  • #92,482
  • Nov 16, 2021 5:32am Nov 16, 2021 5:32am
Quoting Boulder
So far.. only short for me ..unless bulls start to take over short time trends.. {image}
Inserted Video
those who can, do. those who cant, talk about those who can
  • #92,483
  • Nov 16, 2021 5:46am Nov 16, 2021 5:46am
Quoting gatorinla
{quote} no maybe about it.. a new low or 1407 will be next.
next h closing above 1377 may help a bounce.
those who can, do. those who cant, talk about those who can
  • #92,484
  • Nov 16, 2021 5:47am Nov 16, 2021 5:47am
Quoting Boulder
So far.. only short for me ..unless bulls start to take over short time trends.. {image}
I hold off shorting for now...
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  • #92,485
  • Nov 16, 2021 6:03am Nov 16, 2021 6:03am
Quoting gatorinla
{quote} next h closing above 1377 may help a bounce.
nope.. a doji 4h close.. Looks like indecision. That support is slowing or stopping bears. The earlier 1h was engulfed. That one indicated a bottom may form. Bears need that LL.. or bounce. It may be a shallow LL. Its bearish on the higher times
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those who can, do. those who cant, talk about those who can
  • #92,486
  • Nov 16, 2021 6:07am Nov 16, 2021 6:07am
Quoting gatorinla
{quote} nope.. a doji 4h close.. Looks like indecision. That support is slowing or stopping bears. The earlier 1h was engulfed. That one indicated a bottom may form. Bears need that LL.. or bounce. It may be a shallow LL. Its bearish on the higher times {image}
doji didnt mean much.. 1323/17 next rung.
those who can, do. those who cant, talk about those who can
  • #92,487
  • Nov 16, 2021 6:09am Nov 16, 2021 6:09am
Quoting gatorinla
{quote} doji didnt mean much.. 1323/17 next rung.
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those who can, do. those who cant, talk about those who can
  • #92,488
  • Nov 16, 2021 10:02am Nov 16, 2021 10:02am
Quoting gatorinla
{quote} {image}
just amazing.
and market goes up with usd up.

crypto and others even gold down
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #92,489
  • Nov 16, 2021 8:00pm Nov 16, 2021 8:00pm
I have not traded EurUsd much lately... I feel bad for anyone who was caught by this madness......
Bears are in control in almost all time frames,,,
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  • #92,490
  • Nov 16, 2021 9:42pm Nov 16, 2021 9:42pm
Quoting Boulder
I have not traded EurUsd much lately... I feel bad for anyone who was caught by this madness...... Bears are in control in almost all time frames,,, {image}
It's indeed madness. And there isn't even a sign of letting up. Today is Wednesday another favorite sell day. This thing could hit the lower ends of 1.12 or even the weekly double top target of 1.1165. They have chose to force Powell's hand.
  • #92,491
  • Nov 16, 2021 11:12pm Nov 16, 2021 11:12pm
Quoting Mitiblotch
{quote} It's indeed madness. And there isn't even a sign of letting up. Today is Wednesday another favorite sell day. This thing could hit the lower ends of 1.12 or even the weekly double top target of 1.1165. They have chose to force Powell's hand.
A strong dollar decreases the chance of a rate rise as it helps to lower inflation by reducing import prices which might have the effect of lowering prices generally. Feels to me like the FED robots are hard at work buying dollar for maybe this reason Seem to want to hold off raising rates.
  • #92,492
  • Nov 16, 2021 11:18pm Nov 16, 2021 11:18pm
Quoting swd
{quote} A strong dollar decreases the chance of a rate rise as it helps to lower inflation by reducing import prices which might have the effect of lowering prices generally. Feels to me like the FED robots are hard at work buying dollar for maybe this reason Seem to want to hold off raising rates.
They will increase rates and when the masses get in on the sell then price spikes up. That's how it happens. Thr raise in rates has been priced in so when it happens price will rise.
  • #92,493
  • Nov 16, 2021 11:25pm Nov 16, 2021 11:25pm
well i was calling for a crash but i was expected on GU,
GU just spike above yesterday high

if we test EU lows today i will buy again.
i feel a little more confident now on pairs, usually they finish with crashing.

not calling a bottom yet but i am glad to see it "crashed"

at this point 1.132 is a short. i will not take it but a lot will so be careful with shorts.
we are getting to the point where selling any rally is the game
next 1.336 R

we may also see 1.148 so don;t mary any position

daily could look bullish today
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #92,494
  • Nov 16, 2021 11:41pm Nov 16, 2021 11:41pm
Quoting DMA Trader
well i was calling for a crash but i was expected on GU, GU just spike above yesterday high if we test EU lows today i will buy again. i feel a little more confident now on pairs, usually they finish with crashing. not calling a bottom yet but i am glad to see it "crashed" at this point 1.132 is a short. i will not take it but a lot will so be careful with shorts. we are getting to the point where selling any rally is the game next 1.336 R we may also see 1.148 so don;t mary any position daily could look bullish today
CAD, NZD, AUD important resistance
GBP has another one at 1.35

EU of course the weakest also the most shorted. so first R 1.132 - R2 1.136 - R3 1.148
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #92,495
  • Nov 17, 2021 12:35am Nov 17, 2021 12:35am
Quoting DMA Trader
{quote} CAD, NZD, AUD important resistance GBP has another one at 1.35 EU of course the weakest also the most shorted. so first R 1.132 - R2 1.136 - R3 1.148
GBP going 50/70 pips in 1h

GBP getting interesting
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #92,496
  • Nov 17, 2021 2:18am Nov 17, 2021 2:18am
CADCHF, reversal 4h candle close. I took my short targetting the next imbalance @0.73443 or TP 2 slightly higher @0.73763.
Goodluck!!
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  • #92,497
  • Nov 17, 2021 3:31am Nov 17, 2021 3:31am
Quoting gatorinla
as far as pre NFP bounces go. so far this is 28 pips. That's 1/2 adr. Not too drastic yet. 1571 was tested before. it has a little st dynamic help from 1573. 1584 was not tested as a R. it has some dynamic help from 1579. If tested and cannot close 1h ect above 1579. Its probably going to retreat, or stall. The same with 1571/73. It may stall. It still needs to retake the S to fall. But here below 1593/98 in a downtrend. It has that backup. Near 1492 if not ready. It has some buyers. That's unusually temp, because a natural attraction to 1492. It...
Seems like its doing 1.0848.. Since it did stall above 1492 for a while. That 12 pip per day average is greater now.
those who can, do. those who cant, talk about those who can
  • #92,498
  • Nov 17, 2021 3:33am Nov 17, 2021 3:33am
Quoting gatorinla
as far as pre NFP bounces go. so far this is 28 pips. That's 1/2 adr. Not too drastic yet. 1571 was tested before. it has a little st dynamic help from 1573. 1584 was not tested as a R. it has some dynamic help from 1579. If tested and cannot close 1h ect above 1579. Its probably going to retreat, or stall. The same with 1571/73.
Quoting gatorinla
It may stall. It still needs to retake the S to fall. But here below 1593/98 in a downtrend. It has that backup. Near 1492 if not ready. It has some buyers. That's unusually temp, because a natural attraction to 1492. It can be a support. Since pa is below 1593 and the last Q close (1593) below 1598. 1492 has a chance to give up support. All taken with COT L verses S rebalancing to S side. Since on the S of 1598, backed with a Q close. The opposite balance is pong. 1.0848. to get there before the year ends. ADR would need to grow. The...
Seems like its doing 1.0848.. Since it did stall above 1492 for a while. That 12 pip per day average is greater now.
those who can, do. those who cant, talk about those who can
  • #92,499
  • Nov 17, 2021 3:34am Nov 17, 2021 3:34am
Quoting gatorinla
as far as pre NFP bounces go. so far this is 28 pips. That's 1/2 adr. Not too drastic yet. 1571 was tested before. it has a little st dynamic help from 1573. 1584 was not tested as a R. it has some dynamic help from 1579. If tested and cannot close 1h ect above 1579. Its probably going to retreat, or stall. The same with 1571/73.
Quoting gatorinla
It may stall. It still needs to retake the S to fall. But here below 1593/98 in a downtrend. It has that backup. Near 1492 if not ready. It has some buyers. That's unusually temp, because a natural attraction to 1492. It can be a support. Since pa is below 1593 and the last Q close (1593) below 1598.
Quoting gatorinla
1492 has a chance to give up support. All taken with COT L verses S rebalancing to S side. Since on the S of 1598, backed with a Q close. The opposite balance is pong. 1.0848. to get there before the year ends. ADR would need to grow. The average day close, would need to drop 12 pips per day. 60 pips per week
Seems like its doing 1.0848.. Since it did stall above 1492 for a while. That 12 pip per day average is greater now.
those who can, do. those who cant, talk about those who can
  • #92,500
  • Nov 17, 2021 3:46am Nov 17, 2021 3:46am
Quoting gatorinla
{quote} After 1492, followed by 1447 hit. I left. 1.084x I think.. But it still could bounce. A short trade on a bounce to 1447, 1492 + may come.
but that's like the ultimate Resistance or change in trend
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
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