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The Swamp

  • #93,221
  • Dec 10, 2021 7:46am Dec 10, 2021 7:46am
Quoting gatorinla
{quote} It may drop again.. Those 130x levels are still there.. 15 min is at 1298. 1288 min
It closed below my 5 min. My 1 min s at 1277..
those who can, do. those who cant, talk about those who can
  • #93,222
  • Dec 10, 2021 7:51am Dec 10, 2021 7:51am
1288 held the next 5 min.. but it may want 1293.. unless it breaks 1277 1 min.
those who can, do. those who cant, talk about those who can
  • #93,223
  • Dec 10, 2021 7:51am Dec 10, 2021 7:51am
Quoting gatorinla
1288 held the next 5 min.. but it may want 1293.. unless it breaks 1277 1 min.
no longer 1277.. 1278 1 min s..
those who can, do. those who cant, talk about those who can
  • #93,224
  • Dec 10, 2021 7:52am Dec 10, 2021 7:52am
Quoting gatorinla
1288 held the next 5 min.. but it may want 1293.. unless it breaks 1277 1 min.
traded a little bit on the short side
had a first bad entry
as long as we close the hour below 1.129 i think shorts are ok just because now expectation will be from FED acceleration of tapper.
market so far thinks is good news
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,225
  • Dec 10, 2021 7:53am Dec 10, 2021 7:53am
Quoting gatorinla
{quote} no longer 1277.. 1278 1 min s..
go to 1294 or break 1278..
those who can, do. those who cant, talk about those who can
  • #93,226
  • Dec 10, 2021 7:54am Dec 10, 2021 7:54am
Quoting DMA Trader
{quote} traded a little bit on the short side had a first bad entry as long as we close the hour below 1.129 i think shorts are ok just because now expectation will be from FED acceleration of tapper. market so far thinks is good news
all assets jumped maybe i'm wrong
nasdaq crypto's even oil.

will wait to se my 1h chart how it ends
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,227
  • Dec 10, 2021 7:59am Dec 10, 2021 7:59am
Two potential downsides to the dollar 1. Omicron 2. Iranian agreement and potential for more oil on the market. Plus ECB next week. A lot to consider. I don't think it will move far.
  • #93,228
  • Dec 10, 2021 8:03am Dec 10, 2021 8:03am
Quoting DMA Trader
{quote} traded a little bit on the short side had a first bad entry as long as we close the hour below 1.129 i think shorts are ok just because now expectation will be from FED acceleration of tapper. market so far thinks is good news
If it starts to drop it will be quick. It would then mean that the spike was a stop hunt with hot stove effect as Gator calls it. I have my boxes drawn and waiting to pounce on any opportunity.
  • #93,229
  • Dec 10, 2021 8:06am Dec 10, 2021 8:06am
higher inflation should mean a rate raise (stronger usd). Yet eu goes higher. waiting on my 1 min to go bearish.. I placed a pending s 1310 with a small stop.

I did catch it at 1307 earlier.. but was stopped out with profit at 1294.
those who can, do. those who cant, talk about those who can
  • #93,230
  • Dec 10, 2021 8:06am Dec 10, 2021 8:06am
Quoting Mitiblotch
{quote} If it starts to drop it will be quick. It would then mean that the spike was a stop hunt with hot stove effect as Gator calls it. I have my boxes drawn and waiting to pounce on any opportunity.
added a little more just to prove me wrong

i was actually expecting this but on a lower inflation number this one is big. inflation is close to 7% Y/y
but it's also duckery friday so probably not gonna do much until monday
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,231
  • Dec 10, 2021 8:08am Dec 10, 2021 8:08am
Quoting Steamroller
Two potential downsides to the dollar 1. Omicron 2. Iranian agreement and potential for more oil on the market. Plus ECB next week. A lot to consider. I don't think it will move far.
omicron is non event that's why even premarket
MRNA -12%
BNTX -6%

Iran could finally mean something but if they sign agreement Oil should go down not up (more supply coming into market)

FED is before ECB so ... let's hope i'm right
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,232
  • Dec 10, 2021 8:12am Dec 10, 2021 8:12am
Quoting gatorinla
{quote} see if it passes 1307 10
but this one was to the PIP
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,233
  • Dec 10, 2021 8:13am Dec 10, 2021 8:13am
Gator your 1 minute is now bull right ?
with a stop of 1.1282 ? more or less
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,234
  • Dec 10, 2021 8:47am Dec 10, 2021 8:47am
Quoting DMA Trader
{quote} added a little more just to prove me wrong i was actually expecting this but on a lower inflation number this one is big. inflation is close to 7% Y/y but it's also duckery friday so probably not gonna do much until monday
1.1275 - EUR/usd - did they just read the news ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,235
  • Dec 10, 2021 8:51am Dec 10, 2021 8:51am
Quoting DMA Trader
{quote} 1.1275 - EUR/usd - did they just read the news ?
took some more profits here, still have some open targeting 1.124
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,236
  • Dec 10, 2021 9:09am Dec 10, 2021 9:09am
According to an announcement earlier this week, Europe is one step closer to the integration of an official central bank digital currency (CBDC). Currently, the Bank of France (BoF), the Bank for International Settlements (BIS), and the Swiss National Bank (SNB) have concluded a very crucial set of studies and tests on the wholesale usage of a CBDC- a series of international settlements were conducted between financial institutions.
  • #93,237
  • Dec 10, 2021 10:55am Dec 10, 2021 10:55am
1323 would be important today. It needs 1323 to rise. Today being Friday.. It also needs to close these smaller periods above 1316, and 1310.
Gu 3277 52 area is R..

CHF into that 200 support area. .920x .918x.
those who can, do. those who cant, talk about those who can
  • #93,238
  • Dec 10, 2021 11:01am Dec 10, 2021 11:01am
Quoting DMA Trader
{quote} but this one was to the PIP
so is 1323.. bulls want it today, bears may protect it today.. its timed about the same as gu R and chf support.
those who can, do. those who cant, talk about those who can
  • #93,239
  • Dec 10, 2021 11:03am Dec 10, 2021 11:03am
Quoting DMA Trader
Gator your 1 minute is now bull right ? with a stop of 1.1282 ? more or less
yes.. its lagging about 1300 atm.. pay attention to 1316 and 1310.. it may reject of 1323
those who can, do. those who cant, talk about those who can
  • #93,240
  • Dec 10, 2021 11:09am Dec 10, 2021 11:09am
Quoting gatorinla
1323 would be important today. It needs 1323 to rise. Today being Friday.. It also needs to close these smaller periods above 1316, and 1310. Gu 3277 52 area is R.. CHF into that 200 support area. .920x .918x.
These are the little supports.. Once 1323 was hit. you pay attention to the little supports. 1316 is a little too close. even 1310 is close. 1300 is a little further. Plus my 1 h is near. My 1h is at 1298.. If the h closes below it. It may be a rejection of 1323. By then the 1 min should be bearish. There is a lot of S/R still in the 1300 area. a 1h close below 1298 is the minimal unless you already took 1323.

I said earlier in the week 1323 was a place to risk a few pips on. Well if you did you lost. Today being Friday might increase those odds.
those who can, do. those who cant, talk about those who can
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