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The Swamp

  • #105,941
  • Dec 15, 2022 8:02am Dec 15, 2022 8:02am
Quoting Wulfgar
{quote} Lagarde could really poop in the punchbowl for the euro rally... she sounds super hawkish like usual... but does the market call her bluff before we get to some of ur bigger algo and tech levels higher up?
I can long if falls to 0580/slip, or look to short 0805+/slip. Its hard to hold a short for me above 0632 now.
those who can, do. those who cant, talk about those who can
  • #105,942
  • Dec 15, 2022 8:03am Dec 15, 2022 8:03am
Quoting gatorinla
{quote} took another smaller short 0662 {image}
Im looking at 1.0735 to reduce my longs... not really ready to go outright short though
  • #105,943
  • Dec 15, 2022 8:05am Dec 15, 2022 8:05am
Quoting gatorinla
{quote} I can long if falls to 0580/slip, or look to short 0805+/slip. Its hard to hold a short for me above 0632 now.
Yeah, big area of confluence here... all centers around the day at its big quarterly level... I got 103.88 and a big gatekeeper for much lower on $DXY

all eyes on the FI markets...
  • #105,944
  • Dec 15, 2022 8:16am Dec 15, 2022 8:16am
Quoting Wulfgar
{quote} Im looking at 1.0735 to reduce my longs... not really ready to go outright short though
Pending short at 1.0734 SL 1.0742 TG 1.0275

sounds crazy but those are the trades that hit once or twice a year and make ur whole year
  • #105,945
  • Dec 15, 2022 8:18am Dec 15, 2022 8:18am
Quoting Wulfgar
{quote} Pending short at 1.0734 SL 1.0742 TG 1.0275 sounds crazy but those are the trades that hit once or twice a year and make ur whole year
Filled...
  • #105,946
  • Dec 15, 2022 8:26am Dec 15, 2022 8:26am
Quoting Wulfgar
{quote} Yeah, big area of confluence here... all centers around the day at its big quarterly level... I got 103.88 and a big gatekeeper for much lower on $DXY all eyes on the FI markets...
1.0805 is an algo backed with 1.0835. But 1.1186 is larger. I prefer 1.1186 because its bigger. But 0835 has sat there longer. Somewhere in there should be some topping. My guess is this could be a long term top. Not to say another top may form a double top latter.
those who can, do. those who cant, talk about those who can
  • #105,947
  • Dec 15, 2022 8:28am Dec 15, 2022 8:28am
Quoting Wulfgar
{quote} Filled...
those who can, do. those who cant, talk about those who can
  • #105,948
  • Dec 15, 2022 10:52am Dec 15, 2022 10:52am
Quoting gatorinla
{quote} Tesla stock falling, when overleveraged is not a good thing for Musk. Pissing off your customers usually dont end well. {image}
Who could not see this coming? https://moguldom.com/430254/tesla-cu...ready-down-50/

Still true a thousand years later. proverb a fool and his money are soon parted
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those who can, do. those who cant, talk about those who can
  • #105,949
  • Dec 15, 2022 11:06am Dec 15, 2022 11:06am
Quoting gatorinla
{quote} I can long if falls to 0580/slip, or look to short 0805+/slip. Its hard to hold a short for me above 0632 now.
bears need this. Equity's are looking very bearish. The usd set to pose.
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those who can, do. those who cant, talk about those who can
  • #105,950
  • Dec 15, 2022 11:16am Dec 15, 2022 11:16am
Quoting gatorinla
{quote} bears need this. Equity's are looking very bearish. The usd set to pose. {image} {image}
I got 108.80 on the DXY a the main quarterly target for this move off 103.88... should bring the euro down pretty good....who knows if it gets there though, hence my target of 1.0275 will likely prove conservative...
  • #105,951
  • Dec 15, 2022 3:11pm Dec 15, 2022 3:11pm
I'm thinking about doing some NFT trading cards. Maybe some morons will buy them.
those who can, do. those who cant, talk about those who can
  • #105,952
  • Dec 15, 2022 3:46pm Dec 15, 2022 3:46pm
Quoting gatorinla
I'm thinking about doing some NFT trading cards. Maybe some morons will buy them.
While it's hilariously embarrassing, I'm sure that there's some kind of bigger grift angle to it all than just fleecing the MAGA rubes. Maybe there isn't. But NFT's are a grey and unregulated market. Plus he has a PAC, stop the steal, with nearly $100M. I'd bet he's trying to move money or get foreign money in his hands.
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Follow the money --Mark Felt (Deepthroat)
  • #105,953
  • Dec 15, 2022 6:46pm Dec 15, 2022 6:46pm
Quoting longfellow
{quote} While it's hilariously embarrassing, I'm sure that there's some kind of bigger grift angle to it all than just fleecing the MAGA rubes. Maybe there isn't. But NFT's are a grey and unregulated market. Plus he has a PAC, stop the steal, with nearly $100M. I'd bet he's trying to move money or get foreign money in his hands. {image}
Yeah the Chinese or Saudis will buy billions$
those who can, do. those who cant, talk about those who can
  • #105,954
  • Dec 15, 2022 6:51pm Dec 15, 2022 6:51pm
My Pillow and the NFT King. There's a book title in there somewhere.
  • #105,955
  • Dec 15, 2022 7:00pm Dec 15, 2022 7:00pm
Quoting charlienoble
My Pillow and the NFT King. There's a book title in there somewhere.
Nefariousness Fucking Traitor comes to mind.
those who can, do. those who cant, talk about those who can
  • #105,956
  • Dec 16, 2022 6:56am Dec 16, 2022 6:56am
Gator, do you think that price perhaps won't reach 1.08 as was expected anymore? We had a shift yesterday, especially on GBP/USD which fell (Pound) around 300 pips against USD. Perhaps Weekly retracement has started? We'll see if we will witness another Weekly leg up or not, but in my opinion we won't. Perhaps Monthly Retracement is over and another Monthly leg down has just started. Euro and Pound are like brother and sister following each other constantly. What's your opinion? Thanks!

Edit: one pattern I have in mind for your theory of 1.08 is if price falls to 1.05 and then gives another leg up to perhaps 1.08 and that's it. After that big fall down.. basically M Pattern on Daily Chart.
  • #105,957
  • Dec 16, 2022 7:57am Dec 16, 2022 7:57am
may be, end of year, low liquidity days can help to touch gators 1.08x +
  • #105,958
  • Dec 16, 2022 9:02am Dec 16, 2022 9:02am
Quoting TheWolf
Gator, do you think that price perhaps won't reach 1.08 as was expected anymore? We had a shift yesterday, especially on GBP/USD which fell (Pound) around 300 pips against USD. Perhaps Weekly retracement has started? We'll see if we will witness another Weekly leg up or not, but in my opinion we won't. Perhaps Monthly Retracement is over and another Monthly leg down has just started. Euro and Pound are like brother and sister following each other constantly. What's your opinion? Thanks! Edit: one pattern I have in mind for your theory of 1.08 is...
108.50 or so is shaping up to be a major breakout point... especially if we go down first... Im talking my book here, but it sure seems like if we get a hiccup in fibre down to 1.03 or below and a proper rejection, we could really fly...
  • #105,959
  • Dec 16, 2022 9:31am Dec 16, 2022 9:31am
Quoting TheWolf
Gator, do you think that price perhaps won't reach 1.08 as was expected anymore? We had a shift yesterday, especially on GBP/USD which fell (Pound) around 300 pips against USD. Perhaps Weekly retracement has started? We'll see if we will witness another Weekly leg up or not, but in my opinion we won't. Perhaps Monthly Retracement is over and another Monthly leg down has just started. Euro and Pound are like brother and sister following each other constantly. What's your opinion? Thanks! Edit: one pattern I have in mind for your theory of 1.08 is...
The simple answer it "i dont know". The levels have nothing to do with trend. The trend was down at .9595/slip. But yet 1.0805 was developed. It hasn't got there yet. When/if it does many will want to long. They may be right. It may continue to 1.1186/slip. I was banking on a small retrace to a smaller algo before 1.0805.5. That has not happened either. The one thing that has happened as equities and the GBP dump. The eu has remained in place between the 2. That may be because pa has not reached 1.0805 yet. So it wont fall like the gbp has. I still dont know. But not knowing is stopping me from trading until it reaches those. I'm not making money waiting. But I'm also not losing money in the chop. This wont answer your question. You want a black and white answer. I dont have those. I cant even say it the normal 43 pips of slip is enough. To me 1.0805/1.0835 has potential of being a high. I say that because 1.0835 has been a major number since 2008, But it could still pass it to 1.1186/slip. I have planned for a 1.08 before pa broke 1.0. .9595 was a 20 year old algo. It didnt have old orders there after 20 years. Just the new ones placed there. That may have muted the bounce some. 1.0805 is not that old. The drop may be violent. https://www.forexfactory.com/search?searchid=40827705
those who can, do. those who cant, talk about those who can
  • #105,960
  • Dec 16, 2022 9:41am Dec 16, 2022 9:41am
Quoting gatorinla
{quote} The simple answer it "i dont know". The levels have nothing to do with trend. The trend was down at .9595/slip. But yet 1.0805 was developed. It hasn't got there yet. When/if it does many will want to long. They may be right. It may continue to 1.1186/slip. I was banking on a small retrace to a smaller algo before 1.0805.5. That has not happened either. The one thing that has happened as equities and the GBP dump. The eu has remained in place between the 2. That may be because pa has not reached 1.0805 yet. So it wont fall like the gbp has....
Thanks man!

Actually, you have answered the question perfectly! I think you're right with actually waiting to see how the situation will develop then to act before the things get more clearer. Yeah, I was expecting Black or White, but the answer you provided is even better! Nothing easier then to wait without being already in the trade!

Didn't know this detail for 2008 and this level..Aight..
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