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The Swamp

  • #105,441
  • Nov 8, 2022 2:20am Nov 8, 2022 2:20am
catch 22. Pa 12h closed below a R, but above 1647.75 bias. I will wait to see if the day close is below. 1672. Its bullish into 1672 now. But 1672 may stop it from rising.
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those who can, do. those who cant, talk about those who can
  • #105,442
  • Nov 8, 2022 2:36am Nov 8, 2022 2:36am
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those who can, do. those who cant, talk about those who can
  • #105,443
  • Nov 8, 2022 3:11am Nov 8, 2022 3:11am
Quoting gatorinla
catch 22. Pa 12h closed below a R, but above 1647.75 bias. I will wait to see if the day close is below. 1672. Its bullish into 1672 now. But 1672 may stop it from rising. {image}
This could be a trap for bulls and bears. A break of the double top stopping out bears, followed by a drop to take out bulls. gold.
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those who can, do. those who cant, talk about those who can
  • #105,444
  • Nov 8, 2022 7:02am Nov 8, 2022 7:02am
Top of the day folks.
This is my 3rd trade for the week
EURAUD: 1.541852 is an area of interest for me. Either retested or continue upward.

Anyway, let's see
Cheers
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  • #105,445
  • Nov 8, 2022 7:11am Nov 8, 2022 7:11am
Quoting JayBag
Top of the day folks. This is my 3rd trade for the week EURAUD: 1.541852 is an area of interest for me. Either retested or continue upward. Anyway, let's see Cheers {image}
Triggered!
Let's see
  • #105,446
  • Nov 8, 2022 7:14am Nov 8, 2022 7:14am
Quoting gatorinla
{quote} This could be a trap for bulls and bears. A break of the double top stopping out bears, followed by a drop to take out bulls. gold. {image}
Sudden spike in gold any news 1698
  • #105,447
  • Nov 8, 2022 7:21am Nov 8, 2022 7:21am
Quoting gatorinla
{quote} This could be a trap for bulls and bears. A break of the double top stopping out bears, followed by a drop to take out bulls. gold. {image}
gold not even a speed bump.. I slept through it.
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those who can, do. those who cant, talk about those who can
  • #105,448
  • Nov 8, 2022 7:22am Nov 8, 2022 7:22am
Quoting JayBag
{quote} Triggered! Let's see
H1 close above 1.544404 (which is the top of our trade candle) may give this setup some credibility. It will be interesting to see how it pans out.

Cheers gang
  • #105,449
  • Nov 8, 2022 7:37am Nov 8, 2022 7:37am
Quoting gatorinla
{quote} gold not even a speed bump.. I slept through it. {image}
Lots of gold talk. What do you see on EU? I think too many shorts and price may move up drastically.
  • #105,450
  • Nov 8, 2022 8:27am Nov 8, 2022 8:27am
Spike Lee just entered EURAUD's office block.
I am here for it........ Lets gooooo, Lee
  • #105,451
  • Nov 8, 2022 8:52am Nov 8, 2022 8:52am
Quoting Mitiblotch
{quote} Lots of gold talk. What do you see on EU? I think too many shorts and price may move up drastically.

this is a very impressive move on GOLD.... I was looking at the 1720-35 zone as a possible short.... but maybe the low of 1616 is the low for now and this continues North.

I am none the wiser
Cheers!!
  • #105,452
  • Nov 8, 2022 9:00am Nov 8, 2022 9:00am
Quoting Mitiblotch
{quote} Lots of gold talk. What do you see on EU? I think too many shorts and price may move up drastically.
I wanna short.. but it may have to wait till 1.0349/slip or 1.0805/slip. I wanna long .96001/slip.

1.0087 could be need +- bear/bull today on close. If bulls win, 1.0034/slip may be a long. Second choice, .9966/slip.
those who can, do. those who cant, talk about those who can
  • #105,453
  • Nov 8, 2022 9:12am Nov 8, 2022 9:12am
Quoting gatorinla
{quote} I wanna short.. but it may have to wait till 1.0349/slip or 1.0805/slip. I wanna long .96001/slip. 1.0087 could be need +- bear/bull today on close.
Normally this area should give a bounce down and tomorrow is Wednesday but I don't trust this pair. From fxssi data there is an aggregate of 63% shorts. This might mean more higher prices.
  • #105,454
  • Nov 8, 2022 9:13am Nov 8, 2022 9:13am
Quoting gatorinla
{quote} I wanna short.. but it may have to wait till 1.0349/slip or 1.0805/slip. I wanna long .96001/slip. 1.0087 could be need +- bear/bull today on close. If bulls win, 1.0034/slip may be a long. Second choice, .9966/slip.
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those who can, do. those who cant, talk about those who can
  • #105,455
  • Nov 8, 2022 9:17am Nov 8, 2022 9:17am
Quoting Mitiblotch
{quote} Normally this area should give a bounce down and tomorrow is Wednesday but I don't trust this pair. From fxssi data there is an aggregate of 63% shorts. This might mean more higher prices.
One could just take a break for a few days. If i was to long, I think -1.0034 may be a place. as things look atm.. I would find something below 1.0034 that may act supportive. I cant say it will retrace.. But 1.0087 has a little R value (day close). plus adr is complete. Price cant go up if it dont close above 1.0087.. If that be the case. 9866/slip may be worth some bounce. Those entries have a better bounce chance if today does close above 1.0087
those who can, do. those who cant, talk about those who can
  • #105,456
  • Nov 8, 2022 9:37am Nov 8, 2022 9:37am
Quoting JayBag
{quote} H1 close above 1.544404 (which is the top of our trade candle) may give this setup some credibility. It will be interesting to see how it pans out. Cheers gang
Adding a few more now that we are trying to close above this figure
Let's see after this hour close
  • #105,457
  • Nov 8, 2022 11:06am Nov 8, 2022 11:06am
Quoting gatorinla
{quote} One could just take a break for a few days. If i was to long, I think -1.0034 may be a place. as things look atm.. I would find something below 1.0034 that may act supportive. I cant say it will retrace.. But 1.0087 has a little R value (day close). plus adr is complete. Price cant go up if it dont close above 1.0087.. If that be the case. 9866/slip may be worth some bounce. Those entries have a better bounce chance if today does close above 1.0087
I think the close above 0087 will not happen. So maybe tomorrow we spike towards 0090 or 0100 and then takena dump for a while to retrace some.
  • #105,458
  • Nov 8, 2022 11:06am Nov 8, 2022 11:06am
Quoting gatorinla
{quote} One could just take a break for a few days. If i was to long, I think -1.0034 may be a place. as things look atm.. I would find something below 1.0034 that may act supportive. I cant say it will retrace.. But 1.0087 has a little R value (day close). plus adr is complete. Price cant go up if it dont close above 1.0087.. If that be the case. 9866/slip may be worth some bounce. Those entries have a better bounce chance if today does close above 1.0087
1.0033/34 could have some support value. But it may poke to 1.0031/slip. After poke, closing above 1.0034 may support.
those who can, do. those who cant, talk about those who can
  • #105,459
  • Nov 8, 2022 11:09am Nov 8, 2022 11:09am
Quoting Mitiblotch
{quote} I think the close above 0087 will not happen. So maybe tomorrow we spike towards 0090 or 0100 and then takena dump for a while to retrace some.
I Don't know. Watching reactions. Retracing some atm
those who can, do. those who cant, talk about those who can
  • #105,460
  • Nov 8, 2022 12:25pm Nov 8, 2022 12:25pm
Quoting JayBag
{quote} Adding a few more now that we are trying to close above this figure Let's see after this hour close
I am fully locked in on this EA and now waiting for 1.558424. (hopefully)
Cheers
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