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  • #100,861
  • May 23, 2022 5:30am May 23, 2022 5:30am
Hi, please can somebody send me the news regarding Taiwan. I think I may have missed this.
  • #100,862
  • May 23, 2022 5:43am May 23, 2022 5:43am
Quoting Steamroller
Hi, please can somebody send me the news regarding Taiwan. I think I may have missed this.
google

https://www.cnbc.com/2022/05/23/bide...nd-taiwan.html
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  • #100,863
  • Edited 7:08am May 23, 2022 5:46am | Edited 7:08am
Quoting gatorinla
{quote} Close wise I have a day S/R at 0655 (above it at the moment) another 0689.7. To me closing today below 0642 is probably rejection. Above 0767, continuation. Since the day is open still. I have to stick with 0642. I may be full of crap. ADR was 0655. 03xx being a big low, A bounce 350 400 pips is not so much. 0767 is about 420 pips. That is not so much considering the level 03xx, and 0506.8. After the dust settles, pa may be back below 0642 in a day or 2. Pa may be back below 0655 today. I don't know if China news is causing a bounce. I expected...
Take 0655 with a grain of salt. 0682.8 and 0689.7 on other brokers.

Month average range about 0697.
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  • #100,864
  • May 23, 2022 6:49am May 23, 2022 6:49am
A 4h closes in 1h 10 min. Lets see where it goes,
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  • #100,865
  • May 23, 2022 6:59am May 23, 2022 6:59am
Quoting gatorinla
A 4h closes in 1h 10 min. Lets see where it goes,
My month, week and day are bearish. 15 min through 12h bullish. A day close below 1.0518/06 may be bearish later. Subject to change later. Atm a close below 0642 is positive for bears. A 4h followed by a day close below 0642 is a likely rejection. If so pa would still need to close below 0518. It could bounce there.

Since it has to close below 0642 it and 0641 0651 could support it. It has to close below. The larger the close, the stronger. The same with 0518. There is no guarantee pa will close below 0642. Its support until.
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  • #100,866
  • May 23, 2022 7:47am May 23, 2022 7:47am
Quoting gatorinla
A 4h closes in 1h 10 min. Lets see where it goes,
the black boxes are active.. 13 min to see what they want.
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  • #100,867
  • May 23, 2022 8:26am May 23, 2022 8:26am
Quoting gatorinla
{quote} My month, week and day are bearish. 15 min through 12h bullish. A day close below 1.0518/06 may be bearish later. Subject to change later. Atm a close below 0642 is positive for bears. A 4h followed by a day close below 0642 is a likely rejection. If so pa would still need to close below 0518. It could bounce there. Since it has to close below 0642 it and 0641 0651 could support it. It has to close below. The larger the close, the stronger. The same with 0518. There is no guarantee pa will close below 0642. Its support until.
Price closed below 0651 (bearside) But price still closed on the bullside of 0642. Inside of 0642 and 0518 is 0610. 0610 should also affect pa some. Its leans more bearish closing below 0642, and also 0610. Closing above 0610 (but below 0642) makes the odds to retest 0642 much better. Its about probabilities.
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  • #100,868
  • May 23, 2022 9:41am May 23, 2022 9:41am
4h is a pin. But bulls are still near. Bears st need to close below 0665.9. Bears also need to close below 0541, 42 51. Since the pin is there. Pa cant go down w/o a low below the pin. That 0642 zone is support, plus pa is above 0666 atm. A high above that pin bar is more likely to press higher. The atm high at 0687.4.

Closes above 0665.9. are aimed at testing that high. Bears dont have this yet. Bulls have the upper hand atm. Since pa is above adr that may be part of it. month average range is 0698. 0698 can still happen. Until bears get their shit together and close -0642. A high above 0687.4 is will come if not.
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  • #100,869
  • May 23, 2022 9:52am May 23, 2022 9:52am
Quoting gatorinla
4h is a pin. But bulls are still near. Bears st need to close below 0665.9. Bears also need to close below 0541, 42 51. Since the pin is there. Pa cant go down w/o a low below the pin. That 0642 zone is support, plus pa is above 0666 atm. A high above that pin bar is more likely to press higher. The atm high at 0687.4. Closes above 0665.9. are aimed at testing that high. Bears dont have this yet. Bulls have the upper hand atm. Since pa is above adr that may be part of it. month average range is 0698. 0698 can still happen. Until bears get their...
15 min, shows reaction to 0665.9.

Not perfect, but a little bull flaglike pa.
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  • #100,870
  • May 23, 2022 10:35am May 23, 2022 10:35am
Trusting the 4hr 200ma for now. Went short at 0672. Already over 100 pips from bottom to top. I expect some correction. I'll bank on the fall. @Gator, this thing didn't respect 0642. What insolence. Lol
  • #100,871
  • May 23, 2022 10:39am May 23, 2022 10:39am
Quoting gatorinla
{quote} Close wise I have a day S/R at 0655 (above it at the moment) another 0689.7. To me closing today below 0642 is probably rejection. Above 0767, continuation. Since the day is open still. I have to stick with 0642. I may be full of crap. ADR was 0655. 03xx being a big low, A bounce 350 400 pips is not so much. 0767 is about 420 pips. That is not so much considering the level 03xx, and 0506.8. After the dust settles, pa may be back below 0642 in a day or 2. Pa may be back below 0655 today. I don't know if China news is causing a bounce. I expected...
SOS, second attempt today on 0689.7. Unless bears step in to start closing below 0641 42 51. Its likely to rise to month range or 0767. Its testing day R after breaking 12h R. a Slap down would be below 0642 closed. A strong move before closing would be below 0611.

First move bears would need is below 0667. Its bullish above possibly make a HH. A rejection usually sinks fast.
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  • #100,872
  • May 23, 2022 10:50am May 23, 2022 10:50am
Quoting gatorinla
{quote} SOS, second attempt today on 0689.7. Unless bears step in to start closing below 0641 42 51. Its likely to rise to month range or 0767. Its testing day R after breaking 12h R. a Slap down would be below 0642 closed. A strong move before closing would be below 0612 First move bears would need is below 0667. Its bullish above possibly make a HH. A rejection usually sinks fast.
in this order, all are supports until closed below. 0667 0642 0612
0642 the more important with the larger time frame. pa above a level is bullish to that level. below bearish.. Closes needed for your individual time frame.
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  • #100,873
  • May 23, 2022 12:28pm May 23, 2022 12:28pm
Quoting gatorinla
{quote} in this order, all are supports until closed below. 0667 0642 0612 0642 the more important with the larger time frame. pa above a level is bullish to that level. below bearish.. Closes needed for your individual time frame. {image}
5 min sucked. 15 min could have made 10 tips..

Anyway. I use larger times. But sometimes it moves to far. Making the risk too much. PA on the 15 min at least has not closed below 0667. That makes st still bullish to me until. At least on this 15 min.
The trend ma month week bearish. The day is still open. PA is above all 3 of those levels sandwiched between 0689. LC was a higher close. Since pa is still below 0689.x.. bears may show some life with a 1h close below 0667.. By then it already burned 22 pips off the high. I call this bullish above 0667, into resistance.
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  • #100,874
  • May 23, 2022 12:29pm May 23, 2022 12:29pm
Kakaya Russia...Ukrainian troops destroy Russian tanks hiding in gardens...
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I am who I am
  • #100,875
  • May 23, 2022 12:50pm May 23, 2022 12:50pm
If i was sure it would come here. I would of held my long 40 pips higher. Since its testing 0689.x. I see this possible pennant. That may break down from resistance.
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  • #100,876
  • May 23, 2022 12:55pm May 23, 2022 12:55pm
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What do you guys think of XAUUSD??
  • #100,877
  • May 23, 2022 12:57pm May 23, 2022 12:57pm
Zooming in on 5 min.. Bulls are tough.. Bears need each level closed. Bulld are in control till 0689 so far.
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  • #100,878
  • May 23, 2022 1:10pm May 23, 2022 1:10pm
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  • #100,879
  • May 23, 2022 1:57pm May 23, 2022 1:57pm
Waiting for it to break down. And break down it will!
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  • #100,880
  • May 23, 2022 2:16pm May 23, 2022 2:16pm
Quoting gatorinla
https://www.youtube.com/watch?v=Z4q_MZ7CRvI
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