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The Swamp

  • #95,501
  • Feb 13, 2022 7:59pm Feb 13, 2022 7:59pm
Quoting gatorinla
{quote} the month closed 1 min ago to me.. being above 1323 makes me think its bearish because its below 1447. But its not so bearish enough to have held 1323. It has some chance to go back to 1447.. {image}
This is what screwed the drop in November. I posted this live then. Had November closed below 1323. Pa would be well below 1208 now.
those who can, do. those who cant, talk about those who can
  • #95,502
  • Feb 13, 2022 8:08pm Feb 13, 2022 8:08pm
Quoting gatorinla
{quote} I think that new strand covid messed this up. Just before Nov. ended. We got that warning around Thanksgiving. The Eu bounced to close above 1323. If not I think it would had closed the year below 1331 and probably below 1208.
And I suspect it will continue to affect it for a while still. Covid itself changed everything didn't it. It was going down so nice and steady for 2 years before Covid happened. Miss those days sometimes. Now it is teasing the pre-covid levels for the first time in a while. I don't think we are done seeing covid style volatility both ways. But depends on the new variants, which could also have the next word.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #95,503
  • Feb 13, 2022 8:26pm Feb 13, 2022 8:26pm
Quoting gatorinla
{quote} if it hits 1313 tonight, I meet a goal. Than you owe owe me a dance.
Here is most fought for level since November, first real failure to hold as support in January, now a second attempt only. Could be the time that it becomes support. If it does not and breaks here, we should see <1313 at least. Just a grain of sand away !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #95,504
  • Feb 13, 2022 8:27pm Feb 13, 2022 8:27pm
Quoting gatorinla
{quote} {quote} \Getting near testing 1369/72 R from below. It may find R here. But normal is 1314. 1369 was not tested from below yet. {image}
Its retested 1369 from below. Now lets see if it can get below 1331 with some little closes to test 1308.. it may grind on 1331 or 1308. Closing below 1308, and it may run..
those who can, do. those who cant, talk about those who can
  • #95,505
  • Feb 13, 2022 8:30pm Feb 13, 2022 8:30pm
Quoting mtako
{quote} Here is most fought for level since November, first real failure to hold as support in January, now a second attempt only. Could be the time that it becomes support. If it does not and breaks here, we should see <1313 at least. Just a grain of sand away !
You can watch 1313.. but 1331 is more important, then 1308. 1313 is just a monetary goal for me. To buy a vacation house for a friend.
those who can, do. those who cant, talk about those who can
  • #95,506
  • Feb 13, 2022 8:36pm Feb 13, 2022 8:36pm
Quoting mtako
{quote} And I suspect it will continue to affect it for a while still. Covid itself changed everything didn't it. It was going down so nice and steady for 2 years before Covid happened. Miss those days sometimes. Now it is teasing the pre-covid levels for the first time in a while. I don't think we are done seeing covid style volatility both ways. But depends on the new variants, which could also have the next word.
Not a wash,, But the U.S. handling of covid early on. Was a disaster compared to the EZ.
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those who can, do. those who cant, talk about those who can
  • #95,507
  • Feb 13, 2022 8:49pm Feb 13, 2022 8:49pm
st to break 1331, it may need closes below 1349 and 39 to grind on 31
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those who can, do. those who cant, talk about those who can
  • #95,508
  • Feb 13, 2022 8:50pm Feb 13, 2022 8:50pm
Quoting gatorinla
{quote} You can watch 1313.. but 1331 is more important, then 1308. 1313 is just a monetary goal for me. To buy a vacation house for a friend.
Makes sense now.

I wish it for you and your friend !

Forgive the following joke : I guess you now have a tight stop so you don't lose the vacation house of another friend !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #95,509
  • Feb 13, 2022 8:53pm Feb 13, 2022 8:53pm
1331 may be a long.
those who can, do. those who cant, talk about those who can
  • #95,510
  • Feb 13, 2022 9:13pm Feb 13, 2022 9:13pm
Quoting mtako
{quote} Makes sense now. I wish it for you and your friend ! Forgive the following joke : I guess you now have a tight stop so you don't lose the vacation house of another friend !
oranges to oranges. EZ depends more on international tourism. That posted number will have changed some in Europe since Brexit.

Eurozone exports 4x as much. Its tourism is 2x as much. Its hard for the ECB to raise. It will hurt employment. They already have the added energy tax. A war will make energy cost even more in Europe. The ECB is in the worst position since its inception. The proof will be in stagnated wages. The U.S has more jobs than workers. So wages are rising.
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those who can, do. those who cant, talk about those who can
  • #95,511
  • Feb 13, 2022 9:42pm Feb 13, 2022 9:42pm
Quoting gatorinla
st to break 1331, it may need closes below 1349 and 39 to grind on 31 {image}
1341 closed below could also be a st R later. A close below is part of 1369 and 1331. Its hard to predict the 1331 bounce, and what R will stop it. 1331 is a big #. Last week did close above it, but also below 1369.. So its a judgment call. The place to short was 1492 and the close below 1447. 1369 was a decent place so far today. Later 1331 may be, then 1308. 1208
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those who can, do. those who cant, talk about those who can
  • #95,512
  • Edited Feb 14, 2022 12:03am Feb 13, 2022 11:43pm | Edited Feb 14, 2022 12:03am
Quoting gatorinla
{quote} if it hits 1313 tonight, I meet a goal. Than you owe owe me a dance.
1320 now, i closed some 7 pips lower and entered again at 1649x.. Those 7 pips allowed me to raise my tp goal to 1320. I could of waited to short 1359 or 69, one never knows. My tp taken already, will help cover my new trade, I have another at 1369 pending. If that one hits i will raise that new tp above 1331. I will make 1320 or lose my winnings today at sl 1373. Now my sl is .4%. off Fridays equity. Added with todays profit my risk is 1.8%. I dont like doing this. But taking a chance to make 4% at 1320. More risk than I like for the profit. I'm just trying to meet a goal. 1331 support can screw me. Since norm is 1414 a sl is a must, if 1369 is broken 72
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those who can, do. those who cant, talk about those who can
  • #95,513
  • Feb 14, 2022 12:12am Feb 14, 2022 12:12am
Quoting gatorinla
{quote} It could be worse. Imagine if they didnt.

Captain America
  • #95,514
  • Feb 14, 2022 12:46am Feb 14, 2022 12:46am
Quoting gatorinla
{quote} 1320 now, i closed some 7 pips lower and entered again at 1649x.. Those 7 pips allowed me to raise my tp goal to 1320. I could of waited to short 1359 or 69, one never knows. My tp taken already, will help cover my new trade, I have another at 1369 pending. If that one hits i will raise that new tp above 1331. I will make 1320 or lose my winnings today at sl 1373. Now my sl is .4%. off Fridays equity. Added with todays profit my risk is 1.8%. I dont like doing this. But taking a chance to make 4% at 1320. More risk than I like for the profit....
You are on target I can see 1320 - I think we are in a bear trap to be certain a push down to 1320 then 1380 then a farther push down past 1320 will expose it as it breaches 141 by close of the day possible next day will be a higher high..
  • #95,515
  • Feb 14, 2022 1:02am Feb 14, 2022 1:02am
we need to clear 1.133 - cmon
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #95,516
  • Feb 14, 2022 2:28am Feb 14, 2022 2:28am
Quoting DMA Trader
we need to clear 1.133 - cmon
going twice ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #95,517
  • Feb 14, 2022 2:31am Feb 14, 2022 2:31am
Quoting q_import
{quote} You are on target I can see 1320 - I think we are in a bear trap to be certain a push down to 1320 then 1380 then a farther push down past 1320 will expose it as it breaches 141 by close of the day possible next day will be a higher high..
Maybe I shouldn't have posted 1320. Really it only is a target for account with a goal. 1308 is the next support under 1331
those who can, do. those who cant, talk about those who can
  • #95,518
  • Feb 14, 2022 2:32am Feb 14, 2022 2:32am
Quoting gatorinla
{quote} Maybe I shouldn't have posted 1320. Really it only is a target for account with a goal. 1308 is the next support under 1331
Oh well goal met.
those who can, do. those who cant, talk about those who can
  • #95,519
  • Feb 14, 2022 2:34am Feb 14, 2022 2:34am
Attached Image


Some possible bounce to 1331 off 1305 ish
those who can, do. those who cant, talk about those who can
  • #95,520
  • Feb 14, 2022 2:39am Feb 14, 2022 2:39am
Quoting gatorinla
{image} Some possible bounce to 1331 off 1305 ish
Attached Image
those who can, do. those who cant, talk about those who can
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