The Swamp | Page 4986 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #99,701
  • Apr 21, 2022 10:42am Apr 21, 2022 10:42am
0835.5 holding atm.. Lc closed slightly higher. Bearish into 0835.5.. year s1 at 09259 acts as R now. It may be best to treat it that way.
those who can, do. those who cant, talk about those who can
  • #99,702
  • Apr 21, 2022 10:51am Apr 21, 2022 10:51am
Quoting gatorinla
0835.5 holding atm.. Lc closed slightly higher. Bearish into 0835.5.. year s1 at 0929 acts as R now. It may be best to treat it that way.
Gator this was a good day thank you..
  • #99,703
  • Apr 21, 2022 10:53am Apr 21, 2022 10:53am
Quoting gatorinla
0835.5 holding atm.. Lc closed slightly higher. Bearish into 0835.5.. year s1 at 09259 acts as R now. It may be best to treat it that way.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
those who can, do. those who cant, talk about those who can
  • #99,704
  • Apr 21, 2022 11:10am Apr 21, 2022 11:10am
Quoting q_import
{quote} Gator this was a good day thank you..
Lc higher suggest a visit to the highs. But the lower tf are bearish. I guess 0835.5 will determine. 100 pips up or down from 0835
those who can, do. those who cant, talk about those who can
  • #99,705
  • Apr 21, 2022 11:20am Apr 21, 2022 11:20am
Quoting gatorinla
{quote} Lc higher suggest a visit to the highs. But the lower tf are bearish. I guess 0835.5 will determine. 100 pips up or down from 0835
If Powell cant get pa below 0835 to hold.. It should bounce. Now whether it can pass YS1 is another story. 0835.5 is powerful. But its power is shown mostly on the higher time frames. 6 trading days are left in this month.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
those who can, do. those who cant, talk about those who can
  • #99,706
  • Apr 21, 2022 3:00pm Apr 21, 2022 3:00pm
Its not looking good for longs. If it can squeeze a day close above 0848 0835.5. maybe. LC being higher I thought it may..1h till close
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
those who can, do. those who cant, talk about those who can
  • #99,707
  • Apr 21, 2022 4:13pm Apr 21, 2022 4:13pm
Quoting gatorinla
Its not looking good for longs. If it can squeeze a day close above 0848 0835.5. maybe. LC being higher I thought it may..1h till close {image}
close was above 0835.5.. closes now above 0848 may be bullish. Along with Lc its possible to test the earlier highs. Maybe 0925 will stop a rise. I see the wick just like the rest of you. I see the almost shooting star off year S1 at 0925 (day candle). But it may have been to test support at 0835. It has done that. Pa is still bearish. But it can bounce. What I dont like is pa is below 0848.1. Below it is st bearish. Bulls need that close on a smaller tf to close above it. The day closed below 0848. Its bearish into support.

If the bears can take and close below 0812.. Bulls have a problem with a likely test of near lows or lower. PA can play for months around 0835.5.. Many will blow their account trend trading around the range.
those who can, do. those who cant, talk about those who can
  • #99,708
  • Apr 21, 2022 5:53pm Apr 21, 2022 5:53pm
Quoting DMA Trader
well i bot some euro will see how it goes 936 was strong i should have short it S1 905 S2 875 S3 834 so adding on this levels - if we close today strong - but at least we have some chatter and speculations now to trade with 1.11 is the max tp i see for short term. than we will talk about FED bs
not sure where i said daily close above 880 is key

the line in the sand for bulls is 830 area - seems like some buying here or just a support
830 is very important to hold - its also strong enogh but a close below on the next hour will be bearish -

market got really sold because of Powel comments, 0.5% rate hike in may baked in - but it seems the new FED doesn't really care about stock market.
at least for now.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #99,709
  • Apr 21, 2022 6:04pm Apr 21, 2022 6:04pm
Quoting DMA Trader
{quote} not sure where i said daily close above 880 is key the line in the sand for bulls is 830 area - seems like some buying here or just a support 830 is very important to hold - its also strong enogh but a close below on the next hour will be bearish - market got really sold because of Powel comments, 0.5% rate hike in may baked in - but it seems the new FED doesn't really care about stock market. at least for now.
840 now first R is 850 -

big fakeout today on so many assets.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #99,710
  • Apr 21, 2022 6:06pm Apr 21, 2022 6:06pm
Quoting DMA Trader
{quote} not sure where i said daily close above 880 is key the line in the sand for bulls is 830 area - seems like some buying here or just a support 830 is very important to hold - its also strong enogh but a close below on the next hour will be bearish - market got really sold because of Powel comments, 0.5% rate hike in may baked in - but it seems the new FED doesn't really care about stock market. at least for now.
loosing 830 i think gives us 800 or even lower.
holding 830 may see 850 but bears will come knocking
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #99,711
  • Apr 21, 2022 6:29pm Apr 21, 2022 6:29pm
Gold 1950 very strange so stable during so many CBS comments about rate hikes
1960 big R - maybe a good level to short ?

above gets bullish again
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #99,712
  • Apr 21, 2022 9:06pm Apr 21, 2022 9:06pm
Quoting gatorinla
{quote} close was above 0835.5.. closes now above 0848 may be bullish. Along with Lc its possible to test the earlier highs. Maybe 0925 will stop a rise. I see the wick just like the rest of you. I see the almost shooting star off year S1 at 0925 (day candle). But it may have been to test support at 0835. It has done that. Pa is still bearish. But it can bounce. What I dont like is pa is below 0848.1. Below it is st bearish. Bulls need that close on a smaller tf to close above it. The day closed below 0848. Its bearish into support. If the bears...
try 1. get the close and 0883 has the first shot.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 11 KB
those who can, do. those who cant, talk about those who can
  • #99,713
  • Apr 21, 2022 9:37pm Apr 21, 2022 9:37pm
Quoting gatorinla
{quote} try 1. get the close and 0883 has the first shot. {image}
12 hours of 830 holding for now.

3:30 until another 6H close -
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #99,714
  • Apr 21, 2022 9:46pm Apr 21, 2022 9:46pm
Quoting DMA Trader
{quote} 12 hours of 830 holding for now. 3:30 until another 6H close -
0835 has been tough for many tries. The last month to close below was in 2017
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 20 KB
Click to Enlarge Name: screenshot.png Size: 12 KB
those who can, do. those who cant, talk about those who can
  • #99,715
  • Apr 21, 2022 10:13pm Apr 21, 2022 10:13pm
AUD is getting murdered 300 pips from high
EA even more from bottom .

may have to do something with China,
USD/CNY also very strong in the last days
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #99,716
  • Apr 21, 2022 10:33pm Apr 21, 2022 10:33pm
Quoting DMA Trader
AUD is getting murdered 300 pips from high EA even more from bottom . may have to do something with China, USD/CNY also very strong in the last days
1.0835.5 is one of the larger numbers on the charts,
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 113 KB
those who can, do. those who cant, talk about those who can
  • #99,717
  • Apr 21, 2022 10:41pm Apr 21, 2022 10:41pm
Quoting DMA Trader
AUD is getting murdered 300 pips from high EA even more from bottom . may have to do something with China, USD/CNY also very strong in the last days
Do what? Food inflation can bring the Chinese government to its knees. A lot of what China makes is discretionary. 1.4 hungry people have a loud voice. China has the same problem as Europe, energy. Less discretionary spending around the world, mean China makes less stuff. Meaning less workers are needed. It just snowballs. because people w/o a job have less money. Less money to buy stuff. Less money to feed themselves. Putin has shot China in both feet. China wont need the Russian oil if less stuff is made.
those who can, do. those who cant, talk about those who can
  • #99,718
  • Apr 21, 2022 10:46pm Apr 21, 2022 10:46pm
Mother Nature can shake man off her back like a flea. She was just warming us up with Covid. We still got the climate change floods, and locust.
those who can, do. those who cant, talk about those who can
  • #99,719
  • Apr 21, 2022 10:54pm Apr 21, 2022 10:54pm
Quoting gatorinla
{quote} Do what? Food inflation can bring the Chinese government to its knees. A lot of what China makes is discretionary. 1.4 hungry people have a loud voice. China has the same problem as Europe, energy. Less discretionary spending around the world, mean China makes less stuff. Meaning less workers are needed. It just snowballs. because people w/o a job have less money. Less money to buy stuff. Less money to feed themselves. Putin has shot China in both feet. China wont need the Russian oil if less stuff is made.
Putin's war will come full circle. It will bite Putin and China on the ass. The options have always been war. I hope this one is just your basic neck stretching type.

The circle of life.

Inserted Video
those who can, do. those who cant, talk about those who can
  • #99,720
  • Apr 21, 2022 11:22pm Apr 21, 2022 11:22pm
Suzuki and Yellen discussed Yen Intervention !
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
43 traders viewing now