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The Swamp

  • #93,941
  • Dec 29, 2021 2:54am Dec 29, 2021 2:54am
Quoting gatorinla
{quote} Ok see if it can close below 1284. Still a chance for -1211 to close 2021. Closing below 1284 now could make it act as some R
That 12 h close in 67 min may be the better indicator, one side or the other.
those who can, do. those who cant, talk about those who can
  • #93,942
  • Dec 29, 2021 2:57am Dec 29, 2021 2:57am
Quoting DMA Trader
{quote} trend was respected so dar. another "leg down" is coming we still have bottom of the range at 1.29 i did expect more upside for holidays.
out of another one
good morning

if trend is clear 1.130 is shortable now
if range is still on i am not buying

last important level was 1.1267 if machines did not forget
i would say 1.125 ?
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Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,943
  • Dec 29, 2021 3:05am Dec 29, 2021 3:05am
Quoting DMA Trader
{quote} out of another one good morning if trend is clear 1.130 is shortable now if range is still on i am not buying last important level was 1.1267 if machines did not forget i would say 1.125 ? {image}
GU still looks nice and all those eur/gbp payed out nicely
afraid to go long here on GU wanted to short 1.35 but we did not get there

also CHF strangely strong am also long on usd/chef. probably will add if it goes lower
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,944
  • Dec 29, 2021 3:26am Dec 29, 2021 3:26am
Quoting gatorinla
{quote} Ok see if it can close below 1284. Still a chance for -1211 to close 2021. Closing below 1284 now could make it act as some R
we also have now a yuge resistance at 1.135/1.138 area

want to see if they full be bulls because everyone would be buying this area of support between 1.12 and 1.127
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,945
  • Dec 29, 2021 3:49am Dec 29, 2021 3:49am
Quoting gatorinla
{quote} That 12 h close in 67 min may be the better indicator, one side or the other.
bouncing between week levels. 2019 close varies on brokers. oanda has 1208. I said 1211 in other posts
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those who can, do. those who cant, talk about those who can
  • #93,946
  • Dec 29, 2021 3:57am Dec 29, 2021 3:57am
Quoting DMA Trader
{quote} we also have now a yuge resistance at 1.135/1.138 area want to see if they full be bulls because everyone would be buying this area of support between 1.12 and 1.127
Its been there over a month now. Nobody believed me about 1343 1323 Now the larger ma are coming. 1370 should be pretty stiff now. Anything above 1223/43 is hards to do. 1323/7x is very tough. (never impossible, but very unlikely) Need to blow a hole in this 1208/11 floor with a year close. Or the unlikely odds increase some.
those who can, do. those who cant, talk about those who can
  • #93,947
  • Dec 29, 2021 4:06am Dec 29, 2021 4:06am
Quoting gatorinla
{quote} That 12 h close in 67 min may be the better indicator, one side or the other.
It was below 1284.. 1284 is being tested from below as I write. That year support has more power than 1284.. We may see some intent around 1284

Quoting gatorinla
{quote} Ok see if it can close below 1284. Still a chance for -1211 to close 2021. Closing below 1284 now could make it act as some R
those who can, do. those who cant, talk about those who can
  • #93,948
  • Dec 29, 2021 4:31am Dec 29, 2021 4:31am
Quoting gatorinla
{quote} It was below 1284.. 1284 is being tested from below as I write. That year support has more power than 1284.. We may see some intent around 1284 {quote}
hitting my 1 min r at 1286/89 .. i close above.. trying to catch a wave down
those who can, do. those who cant, talk about those who can
  • #93,949
  • Dec 29, 2021 4:50am Dec 29, 2021 4:50am
Quoting gatorinla
Gold is looking awfully bullish. It also has some large R here. This could take a long term turn {image}
some retrace since. Month candle
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those who can, do. those who cant, talk about those who can
  • #93,950
  • Dec 29, 2021 5:11am Dec 29, 2021 5:11am
Quoting gatorinla
{quote} hitting my 1 min r at 1286/89 .. i close above.. trying to catch a wave down
it's surprising it works so easy.. something not good
i mean its not just the usual holiday range maybe they want much lower prices

i am in and out for few pips. just the short side.

what's your take on GU - short or long, or are you out
i still can't short it. also pretty elevated to buy it just here
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,951
  • Dec 29, 2021 8:55am Dec 29, 2021 8:55am
Quoting gatorinla
{quote} hitting my 1 min r at 1286/89 .. i close above.. trying to catch a wave down
My stop hit 1289. Pa is above 1323 and 1343 now into that 1323/70 R. It looks to be a strong bounce. I dont know if R will hold or not. But its into it atm.
those who can, do. those who cant, talk about those who can
  • #93,952
  • Dec 29, 2021 9:00am Dec 29, 2021 9:00am
Quoting DMA Trader
{quote} it's surprising it works so easy.. something not good i mean its not just the usual holiday range maybe they want much lower prices i am in and out for few pips. just the short side. what's your take on GU - short or long, or are you out i still can't short it. also pretty elevated to buy it just here
I'm not in for a few either. Those weekly levels have rejected many times. So if the early 1 min fails. I close and wait for another. If the stop isnt hit. Its a better chance to add into a trend. Or an early out.
those who can, do. those who cant, talk about those who can
  • #93,953
  • Dec 29, 2021 9:09am Dec 29, 2021 9:09am
Quoting gatorinla
{quote} I'm not in for a few either. Those weekly levels have rejected many times. So if the early 1 min fails. I close and wait for another. If the stop isnt hit. Its a better chance to add into a trend. Or an early out.
well it just got back to the range.
but i had some orders so already short.
maybe they take stops first.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #93,954
  • Dec 29, 2021 9:15am Dec 29, 2021 9:15am
Quoting DMA Trader
{quote} well it just got back to the range. but i had some orders so already short. maybe they take stops first.
Its getting into the meat now.
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those who can, do. those who cant, talk about those who can
  • #93,955
  • Dec 29, 2021 9:40am Dec 29, 2021 9:40am
So where do we go from here? I would love for it to be predicable and play between here and 1.13 for the next two days. Then a quick shot to 1.15 would be nice. Have a happy new year everyone!
Wick versus candlestick ratio will set you free.
  • #93,956
  • Dec 29, 2021 9:51am Dec 29, 2021 9:51am
Quoting gatorinla
{quote} Its getting into the meat now. {image}
The 4h has almost 3h before a close.

Bears want it back below 1335 and 38. I think 1343 and 23 are better benchmarks. The day needs to not close above 1352, but 1343 and 23 are better. That pink line is at 1363/64. That pink one has contained moves since June. There was puncture months back. I see real R at 1370, 43 and 23. Dynamic levels are on the chart. A strong move like today is the type needed to break them. If pa ends the day back below 1323. It may be a rejection. Even so, bears still need to take the S to run.

Bulls are near taking the flag. Near is not doing it. Bulls look strong. On days like today that swings both ways. Maybe several times. The drop earlier erased by this atm move. That could happen again several times. Or this may be the real thing. We will have the results in the autopsy report. Some dry powder should be stored for that. On the sideline waiting is a position. The ole "rope a dope" position can work.

The larger dynamic at 1363/64 has a real s/r at 1370. But they are not guaranteed. If they do give up. 1447 may be on some menu. 1363/64 1370 area will reject or fail. I thought they would hold. But I can be wrong.
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those who can, do. those who cant, talk about those who can
  • #93,957
  • Dec 29, 2021 10:06am Dec 29, 2021 10:06am
Dynamic 12 h and day.
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those who can, do. those who cant, talk about those who can
  • #93,958
  • Dec 29, 2021 10:14am Dec 29, 2021 10:14am
this one h bearish candle (shooting star) is tradable. Once pa was below the candle. Less aggressive is waiting for the next h close to see if its engulfed.
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those who can, do. those who cant, talk about those who can
  • #93,959
  • Dec 29, 2021 10:19am Dec 29, 2021 10:19am
Quoting gatorinla
this one h bearish candle (shooting star) is tradable. Once pa was below the candle. Less aggressive is waiting for the next h close to see if its engulfed. {image}
Inserted Video
those who can, do. those who cant, talk about those who can
  • #93,960
  • Dec 29, 2021 10:24am Dec 29, 2021 10:24am
Quoting gatorinla
this one h bearish candle (shooting star) is tradable. Once pa was below the candle. Less aggressive is waiting for the next h close to see if its engulfed. {image}
This candle could be a sign of a reversal. Its near 1270. Its In the upper area of 1323/70.. I'm not saying it wont hit 1370.. It did develop where a rejection may push pa back below 1343 and 1323. Also those Dynamic levels talked about. This area is possibly a top. Before the next drop. I could be wrong. I suspected this area for a while now.
those who can, do. those who cant, talk about those who can
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