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The Swamp

  • #93,001
  • Dec 6, 2021 6:30pm Dec 6, 2021 6:30pm
Quoting DMA Trader
{quote} In a meeting with senior officials from the ruling Justice and Development Party (AKP) earlier this week, Erdoğan discussed and explained the new road map for the economy which the government is now pursuing, noting that the economic outlook will improve in four to five months and the new economic model will start to yield results in six months. “We have chosen the difficult path, but the citizens will start to feel the positive effects,” Erdoğan said. “We have started...
this candle it lit. Better late than never. The numbers are adding up. Most car companies have plans for EV. Mototorcles and even 4 wheelers https://www.cnbc.com/2021/12/06/toyo...-carolina.html


EV just has more power.
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  • #93,002
  • Edited 3:59am Dec 7, 2021 2:57am | Edited 3:59am
eur/cad is hitting that possible support now.. 4330/60.. Its near 4330..
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  • #93,003
  • Edited 3:59am Dec 7, 2021 3:20am | Edited 3:59am
Quoting gatorinla
eur/cad is hitting that possible support now.. 4330/60.. Its near 4330.. {image}
Quoting gatorinla
4335/36 about to touch.. Some support there. 4357 or 463x is next.
It hit 4357, .. In the area anytime after 4330/60. See if she tires. atm at 431x.. Still dropping, but below the normal zone. She may be attracted to 463x in a few days.
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  • #93,004
  • Dec 7, 2021 3:39am Dec 7, 2021 3:39am
Quoting gatorinla
{quote} {quote} It hit 4357, .. In the area anytime after 4330/60. See if she tires. atm at 431x.. Still dropping, but below the normal zone. She may be attracted to 463x in a few days.
oil may be over extended soon above 70.91, It should go to 73.8x. But where is at now it may retrace down some. It may have had a temp overshoot. The ec also past 4330 and 4360. It too may retrace some if oil does. The new strand of covid is more contagious. But it appears to be less deadly. And less prone to hospitalizations. This may help oil.
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  • #93,005
  • Dec 7, 2021 3:51am Dec 7, 2021 3:51am
Quoting gatorinla
{quote} {quote} It hit 4357, .. In the area anytime after 4330/60. See if she tires. atm at 431x.. Still dropping, but below the normal zone. She may be attracted to 463x in a few days.
Since covid news is better. 4630 may be asking to much at this time. 4430 may be more appropriate. Possible short 443x, if the st low is in now (4315). Who knows if 4315 is the bottom. My 1 min is still bearish. Normal pa being overextend. Tells me to look for reversal anytime now. That's why i watch the 1 min.
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  • #93,006
  • Dec 7, 2021 3:55am Dec 7, 2021 3:55am
Quoting gatorinla
{quote} Since covid news is better. 4630 may be asking to much at this time. 443x may be more appropriate. Possible short 443x, if the st low is in now (4315). Who knows if 4315 is the bottom. My 1 min is still bearish. Normal pa being overextend. Tells me to look for reversal anytime now. That's why i watch the 1 min.
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  • #93,007
  • Dec 7, 2021 4:09am Dec 7, 2021 4:09am
Quoting gatorinla
{quote} {image}
1 min oil still favors a ec drop. A lower low on ec (stronger cad). Oil back below 70.91 may be what it takes st. But are beyond a normal retrace. Its why I watch. Where I watch.
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  • #93,008
  • Dec 7, 2021 4:38am Dec 7, 2021 4:38am
Quoting gatorinla
{quote} 1 min oil still favors a ec drop. A lower low on ec (stronger cad). Oil back below 70.91 may be what it takes st. But are beyond a normal retrace. Its why I watch. Where I watch. {image}
no slowdown in the oil rise yet. That makes the cad strong. EC support will fail as long as oil rises. Better covid news helps oil. The next R on oil 73.86. It looks like its going there.
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  • #93,009
  • Dec 7, 2021 5:02am Dec 7, 2021 5:02am
Quoting gatorinla
{quote} no slowdown in the oil rise yet. That makes the cad strong. EC support will fail as long as oil rises. Better covid news helps oil. The next R on oil 73.86. It looks like its going there. {image}
Oil is bullish, If it retraces to below 71. At the same time ec make have retraced some. Oil 70.91 may be a buy, while ec a short. Unless covid has some bad news. The cad and oil should rise to levels it was before omicron news. ec 4170 was the lower end. One may be able to pend a short 4328 for a possible bounce
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  • #93,010
  • Dec 7, 2021 5:14am Dec 7, 2021 5:14am
Quoting gatorinla
{quote} Oil is bullish, If it retraces to below 71. At the same time ec make have retraced some. Oil 70.91 may be a buy, while ec a short. Unless covid has some bad news. The cad and oil should rise to levels it was before omicron news. ec 4170 was the lower end. One may be able to pend a short 4328 for a possible bounce
4358 may be a pending s too.. It looks far atm. Oil is still bullish, it may not provide a retrace. I got a light ec support at 4293.. Its been below 4293 already. SO Its not getting a lot of respect. It may act as some R later. Another support at 4258.. I put a pending S at 4358 just in case it bounces.
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  • #93,011
  • Dec 7, 2021 5:34am Dec 7, 2021 5:34am
Quoting gatorinla
{quote} 4358 may be a pending s too.. It looks far atm. Oil is still bullish, it may not provide a retrace. I got a light ec support at 4293.. Its been below 4293 already. SO Its not getting a lot of respect. It may act as some R later. Another support at 4258.. I put a pending S at 4358 just in case it bounces. {image}
Added some small frame R on oil 71.73. This is probably the next place it may go back below 71. Oil hasn't shown me any weakness yet.
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  • #93,012
  • Dec 7, 2021 6:27am Dec 7, 2021 6:27am
Quoting gatorinla
{quote} Added some small frame R on oil 71.73. This is probably the next place it may go back below 71. Oil hasn't shown me any weakness yet. {image}
maybe a little oil weakness 15 min engulfed.. ec weakness says the 15 min bear engulfed oil is BS..
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  • #93,013
  • Dec 7, 2021 6:32am Dec 7, 2021 6:32am
E/C 1.423 support? I don't think it is worth longing until there is some flattening of the profile.
  • #93,014
  • Dec 7, 2021 6:58am Dec 7, 2021 6:58am
Quoting Steamroller
E/C 1.423 support? I don't think it is worth longing until there is some flattening of the profile.
you got a good meta profile indi? Post it if you dont mind. Thanks
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  • #93,015
  • Dec 7, 2021 7:07am Dec 7, 2021 7:07am
Quoting gatorinla
{quote} you got a good meta profile indi? Post it if you dont mind. Thanks
Sorry no meta profile indicator. I was meaning more of a rounding of candles on the 1H/4H before longing.

With big fundamental events, high VIX and low liquidity I have been finding that everything is over extending at the moment. Difficult conditions to trade in.

Trapped traders before Christmas!
  • #93,016
  • Dec 7, 2021 9:08am Dec 7, 2021 9:08am
eu looks like it will make 1262/63
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  • #93,017
  • Dec 7, 2021 9:31am Dec 7, 2021 9:31am
Quoting gatorinla
{quote} maybe a little oil weakness 15 min engulfed.. ec weakness says the 15 min bear engulfed oil is BS.. {image}
Now pa is above with closes.. It should be a light support. 70.8 is the stronger support
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  • #93,018
  • Dec 7, 2021 9:44am Dec 7, 2021 9:44am
Quoting gatorinla
eu looks like it will make 1262/63
1262/63 is probably a light R. But since its a downtrend. It may be stronger.. Others at 58/67, 80, 88/92, 1305. Plus dynamic ma not included.
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  • #93,019
  • Dec 7, 2021 9:51am Dec 7, 2021 9:51am
Quoting gatorinla
{quote} Now pa is above with closes.. It should be a light support. 70.8 is the stronger support {image}
Oil, See spot run?
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  • #93,020
  • Dec 7, 2021 11:02am Dec 7, 2021 11:02am
RIP Greatest Generation.
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