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The Swamp

  • #104,581
  • Oct 3, 2022 4:03pm Oct 3, 2022 4:03pm
Quoting dantpm
{quote} Globally banks are buying and holding more gold physically in reserve. They all withdrew their gold from the US years ago.
I dont care about gold. It does nothing, it makes nothing, it cost to store it. I would rather own land, or a factory. Once you get your head around that. Its good for high end electronics, and jewelry Not much more. But I dont mind trading it. I just dont have the "dance around the campfire at night" mentality. If gold was so valuable. Ask your broker if he gets paid in gold, or paper. Ask if "its so valuable, why do you trade it for paper". The king has no cloths. I can take all your gold with lead. Salt at one time was more valuable than gold. Gold is losing its value over that chip in your cellphone/cc. And you dont need it to be guarded. I dont care what banks do. I watched them go belly from bad investments before. The world is still living in the 18th century.
those who can, do. those who cant, talk about those who can
  • #104,582
  • Oct 3, 2022 4:12pm Oct 3, 2022 4:12pm
FUn fun fun..
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those who can, do. those who cant, talk about those who can
  • #104,583
  • Oct 3, 2022 4:20pm Oct 3, 2022 4:20pm
Quoting gatorinla
FUn fun fun.. {image}
i'll be out for sure. need to start using a decent sl again to trade the news.
dreams do come true.
  • #104,584
  • Oct 3, 2022 4:28pm Oct 3, 2022 4:28pm
202.60/slip may be a Tesla buy
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those who can, do. those who cant, talk about those who can
  • #104,585
  • Oct 3, 2022 4:32pm Oct 3, 2022 4:32pm
Quoting gatorinla
202.60/slip may be a Tesla buy {image}
Who in their right mind would short Tesla? It gave chances to do it.. Some red R on chart add a little slip
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those who can, do. those who cant, talk about those who can
  • #104,586
  • Oct 3, 2022 5:31pm Oct 3, 2022 5:31pm
AU might be a good short with tonights news
  • #104,587
  • Oct 3, 2022 7:27pm Oct 3, 2022 7:27pm
Quoting Boulder
{quote} 5 now
5 now.
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those who can, do. those who cant, talk about those who can
  • #104,588
  • Oct 4, 2022 2:03am Oct 4, 2022 2:03am
Quoting wannaberich
9870 on the eu seems very likely to me. my question is: should i hold till 9966? 9870 should see some shorts coming in and long take profit... maybe its better to be safe than sorry...
done. longs tp could be a dip. more shorts at 9890
dreams do come true.
  • #104,589
  • Oct 4, 2022 5:44am Oct 4, 2022 5:44am
Quoting Boulder
{quote} 5 now
closed it now.. It was close to week range and hit a possible R. I got skull drug on a gbp short earlier. I have a gold short now. I didnt short the eu at .99 setup.
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those who can, do. those who cant, talk about those who can
  • #104,590
  • Oct 4, 2022 5:45am Oct 4, 2022 5:45am
Quoting gatorinla
{quote} closed it now.. It was close to week range and hit a possible R. I got skull drug on a gbp short earlier. I have a gold short now. I didnt short the eu at .99 setup. {image}
still can? i will
dreams do come true.
  • #104,591
  • Oct 4, 2022 6:04am Oct 4, 2022 6:04am
Quoting wannaberich
{quote} still can? i will
I just didnt take eu. The larger target changed. So the reward was less at .9844/slip. I have more potential on gold. I dont wanna have the same trade risk, with the smaller potential reward. .9844/slip may set up a long.

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those who can, do. those who cant, talk about those who can
  • #104,592
  • Oct 4, 2022 6:26am Oct 4, 2022 6:26am
Quoting gatorinla
{quote} closed it now.. It was close to week range and hit a possible R. I got skull drug on a gbp short earlier. I have a gold short now. I didnt short the eu at .99 setup. {image}
I closed for the circled R. That upper pink line is still a target. I need to find another entry. US30. I will let it retrace first.
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those who can, do. those who cant, talk about those who can
  • #104,593
  • Oct 4, 2022 6:36am Oct 4, 2022 6:36am
Quoting gatorinla
{quote} I just didnt take eu. The larger target changed. So the reward was less at .9844/slip. I have more potential on gold. I dont wanna have the same trade risk, with the smaller potential reward. .9844/slip may set up a long. {image}
With .9844 with some slip may find .9822, It may support some there. The .9595 bounce can be 1250 pips. 1.0349 and 1.0805.5. Are within that range. High enough to wean shorts. Before another deep dove.
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those who can, do. those who cant, talk about those who can
  • #104,594
  • Oct 4, 2022 6:57am Oct 4, 2022 6:57am
Quoting charlienoble
AU might be a good short with tonights news
Spot on, hero.
  • #104,595
  • Oct 4, 2022 8:22am Oct 4, 2022 8:22am
unless I see something to the extreme. I will try not to take more trades before NFP
those who can, do. those who cant, talk about those who can
  • #104,596
  • Oct 4, 2022 8:41am Oct 4, 2022 8:41am
Markets are jumping on hopium of fed pivot. PCE was hot.

Jpow should come out and smack this rally back down
  • #104,597
  • Oct 4, 2022 9:21am Oct 4, 2022 9:21am
Quoting euroboy2208
Markets are jumping on hopium of fed pivot. PCE was hot. Jpow should come out and smack this rally back down
Ping off .9595 often leads to a like size pong 1.1158. I dont think it will get to 1.1158. But 1.0805.5 and 1.0349 are closer. Add in, this week is NFP. A setup for some lift.
those who can, do. those who cant, talk about those who can
  • #104,598
  • Oct 4, 2022 9:25am Oct 4, 2022 9:25am
Quoting gatorinla
{quote} Ping off .9595 often leads to a like size pong 1.1158. I dont think it will get to 1.1158. But 1.0805.5 and 1.0349 are closer. Add in, this week is NFP. A setup for some lift.
Went short for a few pips at 9947. Please give me 50 pips profit before mentioning these scary numbers. Lol
  • #104,599
  • Oct 4, 2022 9:36am Oct 4, 2022 9:36am
Quoting gatorinla
{quote} Ping off .9595 often leads to a like size pong 1.1158. I dont think it will get to 1.1158. But 1.0805.5 and 1.0349 are closer. Add in, this week is NFP. A setup for some lift.
Do you think that pong will likely take GOLD with it... this upmove on GOLD is quite impressive
Cheers!!
  • #104,600
  • Oct 4, 2022 9:47am Oct 4, 2022 9:47am
Quoting Mitiblotch
{quote} Went short for a few pips at 9947. Please give me 50 pips profit before mentioning these scary numbers. Lol
same here
dreams do come true.
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