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The Swamp

  • #93,061
  • Dec 8, 2021 4:21am Dec 8, 2021 4:21am
Quoting DMA Trader
{quote} turkey's erdogan says will bring inflation, exchange rate down through low interest rates -ntv turkey's erdogan says stockpiling to blame for inflation, threatens more severe punishments -ntv erdogan says he believes turkey will reverse "attack on currency" -ntv
how is Turkey going on Crypto i saw some videos in Turkey with big exposure from people there on crypto's may be an idea for Erdogan.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,062
  • Dec 8, 2021 4:26am Dec 8, 2021 4:26am
Quoting gatorinla
{quote} This one may be developing.
i want to see the next hours close above 1.1285 - that's all i care
not gonna watch the price until we close the next 2 hours.

GBB is crazy weak again, EG to new HOD - nice trend developing there.
AUD also stable after 130 pips run up
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,063
  • Dec 8, 2021 4:32am Dec 8, 2021 4:32am
I moved me pending 1299.5 trades to 1323.. When in doubt,, dont trade or find a big s/r.
those who can, do. those who cant, talk about those who can
  • #93,064
  • Dec 8, 2021 4:34am Dec 8, 2021 4:34am
Quoting DMA Trader
{quote} starting an E/G long @0.8523
this was the trade from the morning
still in stop on be

thanks @q_import for the idea. send me the account so i pay my share
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp.png Size: 2 KB
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,065
  • Dec 8, 2021 4:34am Dec 8, 2021 4:34am
Quoting DMA Trader
{quote} i want to see the next hours close above 1.1285 - that's all i care not gonna watch the price until we close the next 2 hours. GBB is crazy weak again, EG to new HOD - nice trend developing there. AUD also stable after 130 pips run up
1300 is a R to me.. But I just chickened out. Watch the bottom fall out after all my planning..
those who can, do. those who cant, talk about those who can
  • #93,066
  • Dec 8, 2021 4:35am Dec 8, 2021 4:35am
Quoting DMA Trader
{quote} this was the trade from the morning still in stop on be thanks @q_import for the idea. send me the account so i pay my share {image}
out 1/2 of the position since it reach resistance of 0855
also GU testing the lows. gonna add on retrace if we see some.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,067
  • Dec 8, 2021 4:37am Dec 8, 2021 4:37am
Quoting DMA Trader
{quote} i want to see the next hours close above 1.1285 - that's all i care not gonna watch the price until we close the next 2 hours. GBB is crazy weak again, EG to new HOD - nice trend developing there. AUD also stable after 130 pips run up
well i said i am not watching but EUR/USD testing 1.13 nice.
EG above resistance now.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,068
  • Dec 8, 2021 4:38am Dec 8, 2021 4:38am
It didnt go back to 1261. So it may just fall from 1300
those who can, do. those who cant, talk about those who can
  • #93,069
  • Dec 8, 2021 4:40am Dec 8, 2021 4:40am
Quoting gatorinla
It didnt go back to 1261. So it may just fall from 1300
not sure, that test of the 1H trend was perfect also entry
but this area is big resistance. some risk off trades on indices PM - don't have any any idea
taking some off here. but think we go higher
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,070
  • Dec 8, 2021 4:42am Dec 8, 2021 4:42am
Quoting gatorinla
{quote} 1300 or 1261 is next. No ifs ands or buts. Between them is 1280.8 {image}
1300 would had the minimum. A attractant, and a s/r. I needed it to start closing below 1297 and and all the r mentioned earlier.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
those who can, do. those who cant, talk about those who can
  • #93,071
  • Dec 8, 2021 4:43am Dec 8, 2021 4:43am
Quoting gatorinla
It didnt go back to 1261. So it may just fall from 1300
move was pretty aggressive from low to high
1h chart but 1h not done yet but i would think we trade above
let's see if 1.129 can hold sellers.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd profit.png Size: 26 KB
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,072
  • Dec 8, 2021 4:46am Dec 8, 2021 4:46am
Quoting DMA Trader
{quote} not sure, that test of the 1H trend was perfect also entry but this area is big resistance. some risk off trades on indices PM - don't have any any idea taking some off here. but think we go higher
We play by different rules. I was looking for a single wick to puncture 1300.. then start closing below the other R
those who can, do. those who cant, talk about those who can
  • #93,073
  • Dec 8, 2021 4:47am Dec 8, 2021 4:47am
Quoting gatorinla
{quote} We play by different rules.
this is what makes a market
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,074
  • Dec 8, 2021 4:49am Dec 8, 2021 4:49am
Quoting DMA Trader
{quote} i am going to buy USD/CAD to hedge my exposure, just building small longs atm. unless we go below 1.26
missed to add here.
aud back to 1H support. bellow i think dollar strengthens. this will also add pressure to EU
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,075
  • Dec 8, 2021 4:50am Dec 8, 2021 4:50am
Quoting DMA Trader
{quote} this is what makes a market
If it gets below 1286 now.. I may look for a 1 min down trend to snow ball. (drift lower) I look to add on a drop. I wont have time to write and update early on.
those who can, do. those who cant, talk about those who can
  • #93,076
  • Dec 8, 2021 4:54am Dec 8, 2021 4:54am
bulls probably need to close above 1293 this first h. 1301 wouldn't hurt either. I may be short off the 1 min b4. closing the h below 1293 may be best for me to wait for.
those who can, do. those who cant, talk about those who can
  • #93,077
  • Dec 8, 2021 4:59am Dec 8, 2021 4:59am
Quoting gatorinla
bulls probably need to close above 1293 this first h. 1301 wouldn't hurt either. I may be short off the 1 min b4. closing the h below 1293 may be best for me to wait for.
exactly the next hour complets my 6H tf - so pretty important want to see it close above 285 but we have clear rejection so far.
285/290 key now.

GBP tested 1.32 again on some more Covid restriction headlines.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,078
  • Dec 8, 2021 5:00am Dec 8, 2021 5:00am
the close was below 1293.. so i will look for a 1 min s trigger. No trigger no trade.. My stops are very stingy on the 1 min.
those who can, do. those who cant, talk about those who can
  • #93,079
  • Dec 8, 2021 5:03am Dec 8, 2021 5:03am
Quoting gatorinla
the close was below 1293.. so i will look for a 1 min s trigger. No trigger no trade.. My stops are very stingy on the 1 min.
saved by the 1H bell imo
from a short perspective. as long as it stays below 1.13 i has legs. not for me though
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,080
  • Dec 8, 2021 5:04am Dec 8, 2021 5:04am
Quoting gatorinla
bulls probably need to close above 1293 this first h. 1301 wouldn't hurt either. I may be short off the 1 min b4. closing the h below 1293 may be best for me to wait for.
nothing for me yet.. looking for below 1287 atm.. I look to snowball if possible. Stops will likely be very close above 1287.. The entire trade. stops will just drop after.
those who can, do. those who cant, talk about those who can
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