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The Swamp

  • #105,061
  • Oct 20, 2022 7:37am Oct 20, 2022 7:37am
Quoting gatorinla
{quote} Among other things it was a 50% retrace. MOFU 101 {image}
if your sure its bullish,, it will be bullish after a retrace too.
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those who can, do. those who cant, talk about those who can
  • #105,062
  • Oct 20, 2022 7:55am Oct 20, 2022 7:55am
Quoting gatorinla
{quote} Politically what's going on in GB. Probably hurt the euro and GBP this week. PA above .9851 can run into next week. Careful with shorts above it.
Get above, hold above, and close above .9851. Is bullish to me. I think it would continue to early next week.

More levels will come. But closing today above .9851 is a positive move toward my view .It may continue to 1.0349 or 1.0805 over the following weeks after.
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those who can, do. those who cant, talk about those who can
  • #105,063
  • Oct 20, 2022 7:56am Oct 20, 2022 7:56am
Quoting gatorinla
{quote} Among other things it was a 50% retrace. MOFU 101 {image}
i was doubting the bulls so i had my money short on 9815 and lost it...
dreams do come true.
  • #105,064
  • Oct 20, 2022 8:01am Oct 20, 2022 8:01am
9815 was this months mid and the last down move mid. i wasn't expecting it to be ran over so easy
dreams do come true.
  • #105,065
  • Oct 20, 2022 8:04am Oct 20, 2022 8:04am
Quoting gatorinla
{quote} Get above, hold above, and close above .9851. Is bullish to me. I think it would continue to early next week. More levels will come. But closing today above .9851 is a positive move toward my view .It may continue to 1.0349 or 1.0805 over the following weeks after. {image}
Needless to say, but i will. It can be a R w/o closing above. The last 12h and day closed below. That's why i need a day close above. But sticking with the plan from .9595. The last time this happened the bounce was 1250 pips. The closest thing to ping pong back to is 1.0805. The smaller next best 1.0349.
those who can, do. those who cant, talk about those who can
  • #105,066
  • Oct 20, 2022 8:11am Oct 20, 2022 8:11am
Quoting wannaberich
9815 was this months mid and the last down move mid. i wasn't expecting it to be ran over so easy
The bear retraces are shallow or missing the retrace level. The bullish ones overshoot. That's often a hint. i think the GBP has held the euro back. But pa is below .9551. Bulls need to pass that test. If so, it will help support later.
those who can, do. those who cant, talk about those who can
  • #105,067
  • Oct 20, 2022 8:12am Oct 20, 2022 8:12am
Quoting gatorinla
{quote} To me it looks like it will reach 1.9667 at least. {image}
Oh yeah. You were right Mr Gator. SL was hit before I could post the chart
  • #105,068
  • Oct 20, 2022 8:19am Oct 20, 2022 8:19am
Quoting gatorinla
{quote} The bear retraces are shallow or missing the retrace level. The bullish ones overshoot. That's often a hint. i think the GBP has held the euro back. But pa is below .9551. Bulls need to pass that test. If so, it will help support later.
I thought 9851 was just relevant yesterday (day's open) but it seems there is more to it

and thanks for the charts Big G. Breakfast is paid when you come to Portugal
dreams do come true.
  • #105,069
  • Oct 20, 2022 8:26am Oct 20, 2022 8:26am
Its under .9851.. That's bearish.. Here is a retrace view if its going to breaks out .9851.
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those who can, do. those who cant, talk about those who can
  • #105,070
  • Oct 20, 2022 8:30am Oct 20, 2022 8:30am
Quoting ruben247
{quote} Oh yeah. You were right Mr Gator. SL was hit before I could post the chart
I looked because I saw your post. I wanted to see if I could trade it. I was unable to trade it. At that time. After reaching that posted level, maybe a long.
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those who can, do. those who cant, talk about those who can
  • #105,071
  • Oct 20, 2022 8:38am Oct 20, 2022 8:38am
Quoting gatorinla
Its under .9851.. That's bearish.. Here is a retrace view if its going to breaks out .9851. {image}
Day traders at .9851 need to be broken.
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those who can, do. those who cant, talk about those who can
  • #105,072
  • Oct 20, 2022 8:49am Oct 20, 2022 8:49am
Quoting gatorinla
{quote} Day traders at .9851 need to be broken. {image}
add 9808 and those 3 levels (9797, 9808 and 9815) were the ones with which i had a lousy trading day today...
dreams do come true.
  • #105,073
  • Oct 20, 2022 9:13am Oct 20, 2022 9:13am
Quoting wannaberich
{quote} add 9808 and those 3 levels (9797, 9808 and 9815) were the ones with which i had a lousy trading day today...
Yeah I should have put .9808 backed by .9799..
those who can, do. those who cant, talk about those who can
  • #105,074
  • Oct 20, 2022 9:17am Oct 20, 2022 9:17am
Quoting gatorinla
{quote} Yeah I should have put .9808 backed by .9799..
Now if .9799/.9800 can swing it up to break .9851. adr at .9878 .. And holding a day close above .9851 would give me a stiffy.
those who can, do. those who cant, talk about those who can
  • #105,075
  • Oct 20, 2022 9:30am Oct 20, 2022 9:30am
Quoting gatorinla
{quote} Now if .9799/.9800 can swing it up to break .9851. adr at .9878 .. And holding a day close above .9851 would give me a stiffy.
dreams do come true.
  • #105,076
  • Oct 20, 2022 9:58am Oct 20, 2022 9:58am
Quoting gatorinla
{quote} Now if .9799/.9800 can swing it up to break .9851. adr at .9878 .. And holding a day close above .9851 would give me a stiffy.
I think a close this h .9801 leaves a shot. But it dont mean much if pa refuses .9851.
those who can, do. those who cant, talk about those who can
  • #105,077
  • Oct 20, 2022 10:02am Oct 20, 2022 10:02am
Quoting gatorinla
{quote} I think a close this h .9801 leaves a shot. But it dont mean much if pa refuses .9851.
Got it.. now its up the last 4hs. To be stiff, or not to be stiff. That is the question. 4h was above .9801, but its below .9851.
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those who can, do. those who cant, talk about those who can
  • #105,078
  • Oct 20, 2022 10:25am Oct 20, 2022 10:25am
Quoting gatorinla
Gold above 1645.80 /1652x is a place to look for a short. {image}
I missed gold .. a very bearish miss by 0.20$ (high atm 1645.60)
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those who can, do. those who cant, talk about those who can
  • #105,079
  • Oct 20, 2022 10:48am Oct 20, 2022 10:48am
Quoting gatorinla
{quote} Now if .9799/.9800 can swing it up to break .9851. adr at .9878 .. And holding a day close above .9851 would give me a stiffy.
No sign of a up-swing atm. Pa is below .9851. That's a bear below .9851. Week wise .9789 can pivot.
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those who can, do. those who cant, talk about those who can
  • #105,080
  • Oct 20, 2022 11:36am Oct 20, 2022 11:36am
Quoting gatorinla
{quote} No sign of a up-swing atm. Pa is below .9851. That's a bear below .9851. Week wise .9789 can pivot. {image}
the day close 20sma (.9765 just another tool. Center Bollinger Band ma. ) helps when considering a bias. pa is below 9851. pa is above the 20 sma on yesterday's close. PA is between these 2. That makes things unclear. It may make it chop between.
those who can, do. those who cant, talk about those who can
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