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The Swamp

  • #93,841
  • Dec 22, 2021 10:47pm Dec 22, 2021 10:47pm
Quoting gatorinla
{quote} BB held to form a I Hammer.. As long as PA is below 1342.5. .. Bears need it below 1318. Lots of other R here. It did close the day above 1323, but 1323 is a week/month close number.. Its bullish probably, but look to see if its fails, too. In this 1323 plus 50 pip area,
next, a hh (1342.5+) or 1329, a HH or 1303/04, a HH or 1288. 1 min support at 1337/38.. PA at 1339.5. Something has to give.
those who can, do. those who cant, talk about those who can
  • #93,842
  • Dec 22, 2021 11:59pm Dec 22, 2021 11:59pm
Quoting gatorinla
{quote} next, a hh (1342.5+) or 1329, a HH or 1303/04, a HH or 1288. 1 min support at 1337/38.. PA at 1339.5. Something has to give.
1 min may be trying to develop.. need some separation from 1338..and 1329 could spoil it. the 30 second is inline with a drop. but it may just get 1329. Its not the best yet.. need that separation then 1239 may become R. See if it pops away from 1342.5..
those who can, do. those who cant, talk about those who can
  • #93,843
  • Dec 23, 2021 12:06am Dec 23, 2021 12:06am
Quoting gatorinla
{quote} 1 min may be trying to develop.. need some separation from 1338..and 1329 could spoil it. the 30 second is inline with a drop. but it may just get 1329. Its not the best yet.. need that separation then 1239 may become R. See if it pops away from 1342.5..
PA needs to spend some time below 1338, with some separation. Bulls still have it atm. Bulls need to make a HH..

If not
Quoting gatorinla
{quote} next, a hh (1342.5+) or 1329, a HH or 1303/04, a HH or 1288. 1 min support at 1337/38.. PA at 1339.5. Something has to give.
those who can, do. those who cant, talk about those who can
  • #93,844
  • Dec 23, 2021 12:27am Dec 23, 2021 12:27am
I'm at b.e. off to bed. I have alarm and will move sl if it continues to drop,
those who can, do. those who cant, talk about those who can
  • #93,845
  • Dec 23, 2021 1:16am Dec 23, 2021 1:16am
Quoting gatorinla
I'm at b.e. off to bed. I have alarm and will move sl if it continues to drop,
i didn't do much, just shorted more of EUR/USD 1.134
probably also going into the next year

Stock Market is weak. most of the stocks went down indices up because of some few names, you can't even hedge
we are already into a 2'/3 weeks of inverse SPX/USD so i would say Dollar is gaining time, because in 2 weeks will be already on another month of tapper.
Inflation maybe calming a little so ECB will do nothing and FED can continue with rates.

1st hike is so far for March 2022. if nothing bad happens
even if war will start that's bullish for USD. china deleveraging and cutting interest rates. is good for USD

So i think it's just a matter of time. so far i am wrong
i think 1.145 can happen easy maybe even 1.15 - probably i would add some not big again
at that point i think it's enough

of course the only scenario that EUR/USD would go even higher is a big down market but ... this would mean (AAPL GOOG NVDA NFLX MVRS AMZN TSLA)
to go down, if nothing really bad happens on them i don't see any reason for a panic.
also earnings are coming in January some already reporting strong numbers. maybe January starts bad than during the earnings we go back up on us markets

and the other scenario is Rotation into other names
growth stock, bio are hit hard so any rotation would actually send the indices to new ATH

so honestly no reason to go LOng eur/usd atm you also had the BBB rejected so no (deficit/inflation bla bla)

back to charts
simple
for bearish case we need to hold resistance here 1.134, and then get some hours closed below 1.132
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,846
  • Dec 23, 2021 2:01am Dec 23, 2021 2:01am
Quoting gatorinla
{quote} next, a hh (1342.5+) or 1329, a HH or 1303/04, a HH or 1288. 1 min support at 1337/38.. PA at 1339.5. Something has to give.
#2 or 1333.5, maybe both. 1333.5 could be first.
those who can, do. those who cant, talk about those who can
  • #93,847
  • Dec 23, 2021 2:11am Dec 23, 2021 2:11am
Quoting gatorinla
{quote} #2 or 1333.5, maybe both. 1333.5 could be first.
gone, gone,
those who can, do. those who cant, talk about those who can
  • #93,848
  • Dec 23, 2021 2:13am Dec 23, 2021 2:13am
Quoting gatorinla
{quote} next, a hh (1342.5+) or 1329, a HH or 1303/04, a HH or 1288. 1 min support at 1337/38.. PA at 1339.5. Something has to give.
we had hours of chances to sell 1340/42 with a 1-3 pip stop. back to bed.
those who can, do. those who cant, talk about those who can
  • #93,849
  • Dec 23, 2021 2:49am Dec 23, 2021 2:49am
1h closing below 1.132 ? nice !
already took some out
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,850
  • Dec 23, 2021 2:49am Dec 23, 2021 2:49am
Quoting DMA Trader
1h closing below 1.132 ? nice ! already took some out
1.1305 next support ?
below 1.13 thin air. just sayin
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,851
  • Dec 23, 2021 3:51am Dec 23, 2021 3:51am
Quoting DMA Trader
{quote} 1.1305 next support ? below 1.13 thin air. just sayin
shorted 1.1320 - 1.1325 resistance - above i am not shorting just waiting
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,852
  • Dec 23, 2021 6:34am Dec 23, 2021 6:34am
Quoting DMA Trader
{quote} shorted 1.1320 - 1.1325 resistance - above i am not shorting just waiting
out on this one - 1.13 is important support. waiting to break before commit to more dollars.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,853
  • Dec 23, 2021 7:00am Dec 23, 2021 7:00am
Quoting gatorinla
{quote} next, a hh (1342.5+) or 1329, a HH or 1303/04, a HH or 1288. 1 min support at 1337/38.. PA at 1339.5. Something has to give.
#1 and #2 reached. # 3 1288, but it may take 1322/23 before..
those who can, do. those who cant, talk about those who can
  • #93,854
  • Dec 23, 2021 7:13am Dec 23, 2021 7:13am
Quoting gatorinla
{quote} #1 and #2 reached. # 3 1288, but it may take 1322/23 before..
1288 or a high above 1342.5 next.
those who can, do. those who cant, talk about those who can
  • #93,855
  • Dec 23, 2021 7:18am Dec 23, 2021 7:18am
possible new short.. 1316/18 on 1 min or 1322/23 ish on 5 min.
those who can, do. those who cant, talk about those who can
  • #93,856
  • Dec 23, 2021 7:21am Dec 23, 2021 7:21am
Quoting gatorinla
possible new short.. 1316/18 on 1 min or 1322/23 ish on 5 min.
im in short if we reached 1322
but i would like to see also that we close below 1.130
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,857
  • Dec 23, 2021 7:39am Dec 23, 2021 7:39am
Quoting gatorinla
possible new short.. 1316/18 on 1 min or 1322/23 ish on 5 min.
Some surgical precision here. 1316/17 stop + a little. 1322.23 may be better. plus a little for stop on both.
those who can, do. those who cant, talk about those who can
  • #93,858
  • Dec 23, 2021 7:48am Dec 23, 2021 7:48am
Quoting DMA Trader
{quote} im in short if we reached 1322 but i would like to see also that we close below 1.130
Trying to add.. but no entry at 1316.. missed it.. I was hoping to add before 1288
those who can, do. those who cant, talk about those who can
  • #93,859
  • Dec 23, 2021 7:52am Dec 23, 2021 7:52am
Quoting gatorinla
{quote} Some surgical precision here. 1316/17 stop + a little. 1322.23 may be better. plus a little for stop on both.
put these in back of your mind in case of bounce. They may be some use as a R. I did try to line them up with dynamic R. and norm. Norm is out now.
those who can, do. those who cant, talk about those who can
  • #93,860
  • Dec 23, 2021 8:01am Dec 23, 2021 8:01am
Quoting gatorinla
{quote} Trying to add.. but no entry at 1316.. missed it.. I was hoping to add before 1288
missed it too but now very good we are trying to break 1..13 so situation changing on a very bearish

ups just saw daily is here, so if it's trendy drop tomorrow ?

gonna leave 1 at 1..1316 open
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
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