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  • #107,061
  • Feb 23, 2023 6:11am Feb 23, 2023 6:11am
There is degrees of bearish. To me being below 1.07 is bearish. That's 100 pips north. That dont help the guy looking for 10 pips. You cant short with a 10 pip tp with a s/l 100 pips away. 1.0637/46 may have that better r/r. I think pa has a chance to get there. Just because most days do. Yesterday it didnt make 1.0670. That was using the same logic. In a strong trend often those retraces skip. 1.0646 may be of some R value.
1.0610 may be on some charts. PA can pass through it until it stops it. Closing Friday below 1.0610 could make it a decent R later. Closing above gives it S value. Closing today below 1.0610 should increase bears power. Friday more power.

Next week, with a close below 1.0610 this week. That may limit the upside not much past 1.0612/slip.. Dont get trapped.
those who can, do. those who cant, talk about those who can
  • #107,062
  • Feb 23, 2023 7:16am Feb 23, 2023 7:16am
My 5min trend R is right at 0620,, I dont know if it can make 0637. If the 5m closes above 0620 its broken.
15 min at 0645

0637 0845 and 0646 is where I would like to short some.. 0637+. I hope the R at 0646 contains it.

Unknown is the bounce. 1.0610 is a decent level. It hasn't closed a day below it yet. 12h yes
those who can, do. those who cant, talk about those who can
  • #107,063
  • Feb 23, 2023 7:25am Feb 23, 2023 7:25am
news in 5 min.. Bounce may be closings before news.
those who can, do. those who cant, talk about those who can
  • #107,064
  • Feb 23, 2023 4:21pm Feb 23, 2023 4:21pm
Quoting gatorinla
My 5min trend R is right at 0620,, I dont know if it can make 0637. If the 5m closes above 0620 its broken. 15 min at 0645 0637 0845 and 0646 is where I would like to short some.. 0637+. I hope the R at 0646 contains it. Unknown is the bounce. 1.0610 is a decent level. It hasn't closed a day below it yet. 12h yes
1.0637 is just a tease. The day close was below 1.0610. The low was near 8h 0573 trend support.
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those who can, do. those who cant, talk about those who can
  • #107,065
  • Feb 24, 2023 12:42am Feb 24, 2023 12:42am
Money doesn't buy happiness...

Billionaire financier Thomas H. Lee found dead of self-inflicted gunshot wound in NYC office...
https://nypost.com/2023/02/23/billio...ffice-sources/
I am who I am
  • #107,066
  • Feb 24, 2023 4:41am Feb 24, 2023 4:41am
Quoting gatorinla
There is degrees of bearish. To me being below 1.07 is bearish. That's 100 pips north. That dont help the guy looking for 10 pips. You cant short with a 10 pip tp with a s/l 100 pips away. 1.0637/46 may have that better r/r. I think pa has a chance to get there. Just because most days do. Yesterday it didnt make 1.0670. That was using the same logic. In a strong trend often those retraces skip. 1.0646 may be of some R value. 1.0610 may be on some charts. PA can pass through it until it stops it. Closing Friday below 1.0610 could make it a decent...
Today is Friday. PA has closed 2 weeks below 1.07.. This week has a chance to close below 1.0610.. Next week/month/quarter 1.0545 and 0530 if not today. 1.0530 is probably what many see. 1.0525 is better to close below. Chances of bounce 1.05/1.0545 to 1.0610ish decent. Find the 200ma on the day. Pa is still below 1.07.. Once price choices a side of 1.07.. It tends to run from it. Price has closed below 1.07, 2 weeks. Today may be week 3. Below 1.0610 is a stronger bear. With the next hurdle the day and 1.0530.
Since yesterday closed below 1.0610. The 1.0835 1.07 and now 1.0610 doors are getting harder to breach. Closing a few days + below 1.0530 is anti bullish. PA knows its there. The adr is condensing. The 1.05xx area is probably make or break for bulls. Time slows in these large areas.
Bulls missed a algo to 1.1186, 1.0835, 1.0670, 1.0637. This short month closes Tuesday. Its looking to close anti bullish.
Unless something changes.

1.0612/slip next week may come to play. In next weeks candle. As a drop after. That could make some sense off a bounce from 1.0530ish area. (12h 1.0545)
I'm still surprised 1.0637 wasn't revisited. 1.0610 seems to have its grip forming.
those who can, do. those who cant, talk about those who can
  • #107,067
  • Feb 24, 2023 4:49am Feb 24, 2023 4:49am
Quoting imwim
Money doesn't buy happiness... Billionaire financier Thomas H. Lee found dead of self-inflicted gunshot wound in NYC office... https://nypost.com/2023/02/23/billio...ffice-sources/
A few years back, a billionaire fell off a roof. Death dont discriminate. 99.999999 % of us will die of the same thing. Our hearts will stop beating. That's the number 1 cause of death. No heart beat.
those who can, do. those who cant, talk about those who can
  • #107,068
  • Feb 24, 2023 4:54am Feb 24, 2023 4:54am
Quoting gatorinla
{quote} A few years back, a billionaire fell off a roof. Death dont discriminate. 99.999999 % of us will die of the same thing. Our hearts will stop beating. That's the number 1 cause of death. No heart beat.
I had to go find it.. Wow it was 15 years back. Amazing how a story sticks in the brain. I guess if it was a poor guy falling off a roof. I may have forgotten. https://www.nbcnews.com/id/wbna22360485
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those who can, do. those who cant, talk about those who can
  • #107,069
  • Feb 24, 2023 6:09am Feb 24, 2023 6:09am
Quoting gatorinla
{quote} Today is Friday. PA has closed 2 weeks below 1.07.. This week has a chance to close below 1.0610.. Next week/month/quarter 1.0545 and 0530 if not today. 1.0530 is probably what many see. 1.0525 is better to close below. Chances of bounce 1.05/1.0545 to 1.0610ish decent. Find the 200ma on the day. Pa is still below 1.07.. Once price choices a side of 1.07.. It tends to run from it. Price has closed below 1.07, 2 weeks. Today may be week 3. Below 1.0610 is a stronger bear. With the next hurdle the day and 1.0530. Since yesterday closed below...
Its against trend 1.0530ish. There could be a L opportunity here. I think to 1.0610, 1.07ish. My 8h support at 1.0573, ends with the 8h close below. The 200 ema day at 1.0530.
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those who can, do. those who cant, talk about those who can
  • #107,070
  • Feb 24, 2023 7:19am Feb 24, 2023 7:19am
Quoting gatorinla
{quote} Its against trend 1.0530ish. There could be a L opportunity here. I think to 1.0610, 1.07ish. My 8h support at 1.0573, ends with the 8h close below. The 200 ema day at 1.0530. {image}
The day 200 ema 0530. I also have some week support 1.0528. Against the downtrend, this may be a bounce area. Possible short later 1.07 1.0610 for close. 1.0613/slip could attract. Placing a s/l close to 0610 may get triggered.

Be mindful anywhere in the 1.05+ area of a potential bounce. That 8h is open 1.0573. 12h 200 at 1.0545. This area has a potential bounce any time. Its a wide area. It may break. But not usually the first try. A bounce or even a trend change closing above 1.0610 1.07 1.0835. The future unknown..The closes should point the right direction.
those who can, do. those who cant, talk about those who can
  • #107,071
  • Feb 24, 2023 9:33am Feb 24, 2023 9:33am
Quoting gatorinla
{quote} The day 200 ema 0530. I also have some week support 1.0528. Against the downtrend, this may be a bounce area. Possible short later 1.07 1.0610 for close. 1.0613/slip could attract. Placing a s/l close to 0610 may get triggered. Be mindful anywhere in the 1.05+ area of a potential bounce. That 8h is open 1.0573. 12h 200 at 1.0545. This area has a potential bounce any time. Its a wide area. It may break. But not usually the first try. A bounce or even a trend change closing above 1.0610 1.07 1.0835. The future unknown..The closes should point...
Im maintaining an itchy trigger finger down here... although my preferred buy zone is closer to 1.0275...

Eyes on oil.... Its teetering... If it crashes that should be bullish for risk(assuage fears of inflation, plus give consumers more disposable income), at least for awhile...
  • #107,072
  • Feb 24, 2023 11:31am Feb 24, 2023 11:31am
Quoting gatorinla
{quote} That 8h is open 1.0573. 12h 200 at 1.0545. This area has a potential bounce any time. Its a wide area. It may break. But not usually the first try. A bounce or even a trend change closing above 1.0610 1.07 1.0835. The future unknown..The closes should point the right direction.
8h trend support flipped to bear. The trend is bearish. I see the possible dynamic support 1.0520/35 area. The near term R starting about 1.0610. Either direction needs closes. Closing below 1.0610 today wont automatically make 1.052x/35 break. its a start. I may be wrong. This area is the place pa may bounce some. The R at 1.0610 is one of several. 1.07 area may be another. R/R wise 1.0610 is about 85 pips from 0535. Risk should be adjusted to wherever it makes sense. To the trader. After a (1.052x) break with closes. Closes to resume/change trend need to be large. The month closes Tuesday.

You can reseach the 200 day. You can see how much it bounces from it. 1.0610 is not asking too much
those who can, do. those who cant, talk about those who can
  • #107,073
  • Feb 24, 2023 11:43am Feb 24, 2023 11:43am
Quoting gatorinla
{quote} 8h trend support flipped to bear. The trend is bearish. I see the possible dynamic support 1.0520/35 area. The near term R starting about 1.0610. Either direction needs closes. Closing below 1.0610 today wont automatically make 1.052x/35 break. its a start. I may be wrong. This area is the place pa may bounce some. The R at 1.0610 is one of several. 1.07 area may be another. R/R wise 1.0610 is about 85 pips from 0535. Risk should be adjusted to wherever it makes sense. To the trader. After a (1.052x) break with closes. Closes to resume/change...
If I get one at b.e. I may hold it for a while.
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those who can, do. those who cant, talk about those who can
  • #107,074
  • Feb 24, 2023 1:02pm Feb 24, 2023 1:02pm
Quoting gatorinla
{quote} I had to go find it.. Wow it was 15 years back. Amazing how a story sticks in the brain. I guess if it was a poor guy falling off a roof. I may have forgotten. https://www.nbcnews.com/id/wbna22360485 {image}
Reminiscence of a stock broker story. That guy did it too.
  • #107,075
  • Edited 4:53pm Feb 24, 2023 4:41pm | Edited 4:53pm
[quote=gatorinla;14338103]{quote} If I get one at b.e. I may hold it for a while. {image}
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those who can, do. those who cant, talk about those who can
  • #107,076
  • Feb 24, 2023 5:01pm Feb 24, 2023 5:01pm
[quote=gatorinla;14338317]
Quoting gatorinla
{quote} If I get one at b.e. I may hold it for a while. {image} {image} {image} {image}
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those who can, do. those who cant, talk about those who can
  • #107,077
  • Feb 24, 2023 7:49pm Feb 24, 2023 7:49pm
[quote=gatorinla;14338326]
Quoting gatorinla
{quote}{image} {image}
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200 week EMA close in white. The green are high and low setting. That forms a dynamic channel
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those who can, do. those who cant, talk about those who can
  • #107,078
  • Feb 24, 2023 7:57pm Feb 24, 2023 7:57pm
[quote=gatorinla;14338364]
Quoting gatorinla
{quote} {image}200 week EMA close in white. The green are high and low setting. That forms a dynamic channel {image}
The same 200 close/high/low settings on day. Inside the 200 ema day channel testing close.
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those who can, do. those who cant, talk about those who can
  • #107,079
  • Feb 24, 2023 8:02pm Feb 24, 2023 8:02pm
[quote=gatorinla;14338366]
Quoting gatorinla
{quote} The same 200 close/high/low settings on day. Inside the 200 ema day channel testing close. {image}
High/low/close 3 ema channel.
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those who can, do. those who cant, talk about those who can
  • #107,080
  • Feb 24, 2023 8:08pm Feb 24, 2023 8:08pm
[quote=gatorinla;14338370]
Quoting gatorinla
{quote} High/low/close 3 ema channel.{image}
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4h same setting
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