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The Swamp

  • #93,241
  • Edited 12:45pm Dec 10, 2021 12:32pm | Edited 12:45pm
pa is against 1323. Other than being st bullish. On the bullish side of my 1h and lower. Pressed to fight 1323, against the week close. Bulls need to close 1323+. Saying it isn't doing it. my 1h through 5 min support all sits at 1298. The 1 min at 1306.. All time frames above 1h are bearish to me still. The 2h at 1222.. So here we are.. With the smaller tf bullish.. 2h and above are bearish. Bulls need to close today above 1323.. Bears would be easier to spot, bringing pa back below 1298 with close. Bears still have to contend with those old week supports (12xx). I think this 1300 + (maybe 30 pips) are in the upper range. 1298 in the lower range. Now 1300 is no longer the center. 1298 is. But today closing above 1323.. (1323+ close) maybe a newer lower range. Sell high.. buy low. Until it dont work. If you using all your coin where you need to close shorts in this 1323 + area. You sold too low. I personally close these shorts when it breaks my 1 min down trend. It keeps me out of trouble. It allows me to save my copper until the high range comes. Once there, i let it tell me when to short.

If it tells me I can short.. I have to be mindful about shorting into 1298 area. If I get the signal to short below 1298.. It has a chance to break week supports. If not, wash rinse repeat until it does.

I do the same on the upside.. But I need to be mindful all trends larger than a 1h are against me.
those who can, do. those who cant, talk about those who can
  • #93,242
  • Dec 10, 2021 1:02pm Dec 10, 2021 1:02pm
keep an eye on 1323. 1316 1310 and pa below 1298..
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those who can, do. those who cant, talk about those who can
  • #93,243
  • Dec 10, 2021 1:26pm Dec 10, 2021 1:26pm
Quoting gatorinla
keep an eye on 1323. 1316 1310 and pa below 1298.. {image}
I didnt put 1307 on here.. Really what matters is closing below 1298..
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those who can, do. those who cant, talk about those who can
  • #93,244
  • Dec 10, 2021 1:29pm Dec 10, 2021 1:29pm
Quoting gatorinla
{quote} I didnt put 1307 on here.. Really what matters is closing below 1298.. {image}
1 min at 1310 (with that support), but -1307 best.. but 1298 is still in the way.
those who can, do. those who cant, talk about those who can
  • #93,245
  • Dec 10, 2021 1:46pm Dec 10, 2021 1:46pm
Waiting for close price.. -1283 doubtful. + 1323 .. we will see.. -1283 points to more bears.. It may just stay below 1323 range.
those who can, do. those who cant, talk about those who can
  • #93,246
  • Dec 10, 2021 1:59pm Dec 10, 2021 1:59pm
Quoting gatorinla
{quote} 1 min at 1310 (with that support), but -1307 best.. but 1298 is still in the way.
pa is interacting with 1310.. It could be pretty telling. To take out a support level and the 1 min this late. taking out 1298 would impress me this last h. Closing below 1283 is very doubtful, but very impressive if it did. But anything could happen bouncing off 1323
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those who can, do. those who cant, talk about those who can
  • #93,247
  • Dec 10, 2021 1:59pm Dec 10, 2021 1:59pm
Quoting gatorinla
pa is against 1323. Other than being st bullish. On the bullish side of my 1h and lower. Pressed to fight 1323, against the week close. Bulls need to close 1323+. Saying it isn't doing it. my 1h through 5 min support all sits at 1298. The 1 min at 1306.. All time frames above 1h are bearish to me still. The 2h at 1222.. So here we are.. With the smaller tf bullish.. 2h and above are bearish. Bulls need to close today above 1323.. Bears would be easier to spot, bringing pa back below 1298 with close. Bears still have to contend with those old week...
Happy Friday! Please do a study course. From a brown girl in Atlanta.
  • #93,248
  • Dec 10, 2021 2:39pm Dec 10, 2021 2:39pm
I presume that as PA hasn't broken 1323 to the upside or 1310 down it is undecided, so a trade shouldn't be taken until one of these levels resolves?
  • #93,249
  • Dec 10, 2021 4:05pm Dec 10, 2021 4:05pm
Quoting gatorinla
{quote} pa is interacting with 1310.. It could be pretty telling. To take out a support level and the 1 min this late. taking out 1298 would impress me this last h. Closing below 1283 is very doubtful, but very impressive if it did. But anything could happen bouncing off 1323 {image}
The week has still closed below 1323.7. But above 1272.3.
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those who can, do. those who cant, talk about those who can
  • #93,250
  • Dec 10, 2021 4:08pm Dec 10, 2021 4:08pm
Quoting wealthyqueen
{quote} Happy Friday! Please do a study course. From a brown girl in Atlanta.
I dont do well on courses. My teacher always wanted to sleep with me. I made A's and didnt learn nothing.
those who can, do. those who cant, talk about those who can
  • #93,251
  • Dec 10, 2021 4:24pm Dec 10, 2021 4:24pm
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.
Anything can happen.. I dont know what will. I can say what did happen only. The gu and eu R held. The 200 ema day held support on the Swiss. To me the usd is the prettiest ugly girl. I got a chart with the eg day 200.. The eg is below the 200. The euro is on the weak side of the 200 day. On The USD GBP and CHF. As long as this happens. The euro looks to be the weakest. At some point that will change. I dont know when. So i dont piss in the bed over it. You could use smaller time frames and do the same. You could use smaller ma.

You can make the most money. Pitting the ugliest one against the prettiest one.
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those who can, do. those who cant, talk about those who can
  • #93,252
  • Dec 11, 2021 7:42am Dec 11, 2021 7:42am
Lots of dead and damage in Kentucky and neighboring states. Tornado on the ground more than 200 miles. https://www.cnn.com/2021/12/11/weath...day/index.html
those who can, do. those who cant, talk about those who can
  • #93,253
  • Dec 11, 2021 8:31am Dec 11, 2021 8:31am
Quoting gatorinla
{quote} pa is interacting with 1310.. It could be pretty telling. To take out a support level and the 1 min this late. taking out 1298 would impress me this last h. Closing below 1283 is very doubtful, but very impressive if it did. But anything could happen bouncing off 1323 {image}
Pa late Friday didnt return below 1310 or 1298. It did close below 1323. If it dont return below 1298. Its probably gone grind on 1323. My 1h and below are bullish, in that 1300 area. The larger tf are bearish. Bears late were unable to retake 1310. It may gap open above 1323. If it b/o North I seen some dynamic in -1388 ish area. More in the 1430 area. These could act as some R. And also be s if closing above. 1447 could also be R for the bigger closes. I'm not saying the EU wont rise. The lower time frames are bullish. Trends changes always start with the lower time frames. But the most often fail against the larger ones. But on the other hand, all trends change.
those who can, do. those who cant, talk about those who can
  • #93,254
  • Dec 11, 2021 5:56pm Dec 11, 2021 5:56pm
Quoting gatorinla
{quote} I dont do well on courses. My teacher always wanted to sleep with me. I made A's and didnt learn nothing.
that's terrible on the teacher's behalf. I watch your posts to sponge...in a good way. Im a three year newbie and some of the systems, appear a little complicated for "newbies". It is a compliment. Thanks for the posts.
  • #93,255
  • Dec 12, 2021 4:34am Dec 12, 2021 4:34am
Morning
One of the most active CB week.
Stay safe and leverage down
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Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,256
  • Dec 12, 2021 9:25am Dec 12, 2021 9:25am
looking to long USD/CAD again near 1.27(15)
Stop 1.267
TP 1.28
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,257
  • Dec 12, 2021 9:57am Dec 12, 2021 9:57am
Quoting DMA Trader
looking to long USD/CAD again near 1.27(15) Stop 1.267 TP 1.28
also trying to get some more GU near 1.324
stops wider here
at least 100 p

first target 1.33 - doesn't' seems a good R/R but i'll take it

i think GU can print 1.35 in the next weeks
nice comeback for GU this week

Also gonna buy GJ next week but probably after FED
or @150.3 stop 200 pips below for a run to to new Highs
1/3 tp 151 tp2 152.2 (2/3) and one to run

but will probably enter also using more orders.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,258
  • Dec 12, 2021 10:22am Dec 12, 2021 10:22am
Quoting DMA Trader
{quote} also trying to get some more GU near 1.324 stops wider here at least 100 p first target 1.33 - doesn't' seems a good R/R but i'll take it i think GU can print 1.35 in the next weeks nice comeback for GU this week Also gonna buy GJ next week but probably after FED or @150.3 stop 200 pips below for a run to to new Highs 1/3 tp 151 tp2 152.2 (2/3) and one to run but will probably enter also using more orders.
Almost 6 weeks now.. Gu followed this path. USD/CHF is testing the day 200 ema support. USD on both pairs are against a decent S/R. Eu 1323 held the week. The usd can break down. The amount of risked pips for a further U.S. strengthening is smaller. Near the S/R. I dont know what will happen. I do know for the USD to weaken. It has to get past those S/R points and hold them. So those points become S/R on the weak USD side. That atm has not been achieved. The trend is still, that they fail. At some point, the USD will weaken against them. The trend will eventually fail. The USD will drop. All I see is record good employment numbers. Some all time better, Some 50 years better. With some definite inflation.
I remember inflation back in the 80ties. My brother bought a house a few years before. When the inflation was out of control. He could pay his monthly house note with 2 days of work. He was actually enjoying it. I guess inflation has 2 sides to the coin. Those with property gain more than those without. We all have seen homes and property rise over the past few decades at a smaller inflation rate, Just imagine how they rise on this inflated inflation rate.
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those who can, do. those who cant, talk about those who can
  • #93,259
  • Dec 12, 2021 10:52am Dec 12, 2021 10:52am
Quoting gatorinla
{quote} Almost 6 weeks now.. Gu followed this path. USD/CHF is testing the day 200 ema support. USD on both pairs are against a decent S/R. Eu 1323 held the week. The usd can break down. The amount of risked pips for a further U.S. strengthening is smaller. Near the S/R. I dont know what will happen. I do know for the USD to weaken. It has to get past those S/R points and hold them. So those points become S/R on the weak USD side. That atm has not been achieved. The trend is still, that they fail. At some point, the USD will weaken against them....
just by itself USD/CHF really look. i am not trading CHF i think had 1 trade the whole year but strange to see it that strong
agree with the dollar. but if market is forward looking mechanism we are actually traded 6 months before the fact that FED is to tapper and maybe raise interest rates next year. So 6 months ago EUR/USD was near the Highs of the year 1.127

So today we are trading for June 2022 - a month we will be done with tapper and we would have begin trading with higher interest rates.
BUT
so is ECB and BOE.
from a history stand for the last 20 years we had EUR/USD above 1.2 except for 2015/2016 when there was change in rates policy and COVID

after we pass this interest rates game probably this week we may have a clear trend
i see players want to believe ECB can raise interest rates. even if Lagarde keep saying inflation transitory

For a EUR/USD or another round of USD strength i think we need the following scenario

1 - FED comes and say they tapper at least 30B - and gives any hint on raising interest rate
2 - ECB comes the next day and say European economy still in bad shape no tapper

---- > well that's a recipe for a big fall in EUR/USD

this is probably the main reason i did not say long EUR/USD rather Long GBP/USD -
and Friday i was left with shorts on eur/usd

Saying the same thing for GU will sound like

we used to trade GBP at 2.00 against USD and the Dragon at 190
Brexit is done and UK is now going on it's own path. even a few months we've seen 1.40 on GU
I don't know any normal currency that has been hit as hard as GBP. one day will raise again like I've said last week
i am really afraid going short on GU - and it jumped about 100 pips from bottom
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,260
  • Dec 12, 2021 10:59am Dec 12, 2021 10:59am
Quoting DMA Trader
{quote} just by itself USD/CHF really look. i am not trading CHF i think had 1 trade the whole year but strange to see it that strong agree with the dollar. but if market is forward looking mechanism we are actually traded 6 months before the fact that FED is to tapper and maybe raise interest rates next year. So 6 months ago EUR/USD was near the Highs of the year 1.127 So today we are trading for June 2022 - a month we will be done with tapper and we would have begin trading with higher interest rates. BUT so is ECB and BOE. from a history stand...
the swap sucks on the chf. Its not a good hold. It can be great if swap is avoided..
those who can, do. those who cant, talk about those who can
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