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The Swamp

  • #107,401
  • Mar 8, 2023 10:27am Mar 8, 2023 10:27am
Quoting mmccormac
On the weekly it looks like a pullback & I’ve been watching it flatten out for weeks now…. I agree with everyone and the bearish action yesterday but on the weekly I see something cooking. Whenever this does break (up or down) it should run for a bit. Price around the levels is key as mentioned, but if these levels somehow hold I expect a move up, or down if broken of course.
Same situation with gold, they have moved together (vs. dollar strength). Both seem to have pulled back with a settling point, but if the now established base breaks down then that might change things. If it holds up as it has, then I expect these both to go back up and test the most recent high's (weekly chart).

EDIT: If it breaks down and returns into support then it might be a spring, and this I would not consider a break down. Big move coming soon hopefully.
  • #107,402
  • Mar 8, 2023 10:46am Mar 8, 2023 10:46am
The USD atm on the bullish usd side on the week. A week close above 1.04.94 should signal usd rise continuation. The eu should agree with a close below 1.0551 on the week. Both the eu, and usd are already on the usd bullish side on larger timeframes. Year, bi-year,quarter, and month are on the bullish usd side already with closes.

The eu and the usd already have a 1 day close at least on the usd bullish side. Both have a 4h+ close atm on the usd bullish side.
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  • #107,403
  • Edited 11:24am Mar 8, 2023 11:13am | Edited 11:24am
Quoting gatorinla
The USD atm on the bullish usd side on the week. A week close above 1.04.94 should signal usd rise continuation. The eu should agree with a close below 1.0551 on the week. Both the eu, and usd are already on the usd bullish side on larger timeframes. Year, bi-year,quarter, and month are on the bullish usd side already with closes. The eu and the usd already have a 1 day close at least on the usd bullish side. Both have a 4h+ close atm on the usd bullish side. {image}
Cliff note.. The usd is bullish. EU is just teetering on week 20sma, and day 200 ema. These are smaller than the forces pushing on them. If they give up, a fall may be quick.

The fear is just saying "short eu, long usd". The fear comes from this is a pivotal place. Plus to get here strong support zones are lower on eu. It may be bearish in that zone. But it may still bounce. Its hard to place a target in those zones. EU 1.0250/1.0427 day.. Week 1.0450/0.9850. The month zone is all bearish
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  • #107,404
  • Mar 8, 2023 11:45am Mar 8, 2023 11:45am
The month, week 4h are below 50level (all bearish). The day 200/100ema is still above 50 level (bullish) . On the day, the 10, 20, and 50 ema are bearish. On the 4h and lower times bearish. When/if the day 200/100 is below the 50 level. This is signs of a decent strong future move. The red line is a 200ema the 10 20 and 50 are below it. That is a signal already. The green is a 100. You can see what happened when green crossed red in October.
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  • #107,405
  • Mar 8, 2023 12:02pm Mar 8, 2023 12:02pm
I dont trade on a month basis. The s/l is too large for me. The month close has a tp 1 target of 460 pips below the Feb close. 2x or tp2 is 920 pips below Feb close. S/l is 460 above Feb close.

Tp 1.0011, Tp2 0.9652

Powel finished
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  • #107,406
  • Mar 8, 2023 4:12pm Mar 8, 2023 4:12pm
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  • #107,407
  • Mar 8, 2023 4:16pm Mar 8, 2023 4:16pm
Quoting gatorinla
{image}
I hoped the bounce was over. It did not close below the day 1.0532. Plus these options may pull it above 1.0574.9.. If it does than starts closing below 1.0474 and 1.0549. It may be ready to fall.
Today did close below 1.0550. That is the week 200 sma. So i cant say if it will bounce or not. There may be some sporadic signs.
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  • #107,408
  • Mar 8, 2023 9:14pm Mar 8, 2023 9:14pm
pa is below 1.0549 bearish, grinding on the low. Pa was unable to take 1.0574.9 again, bearish. The only bulls life I see is, the bulls not closing the day below 1.0532. 1.0551 dont matter till Friday close. I dont expect a bounce to 1.0609. But I need to sleep before NFP. So incase it has that pump. Like it often does before NFP release. I left a pending short at 1.0609. I dont expect it to be triggered. I could just as easily short 1.0549, or 1.0574. And be ok with those trades with a managed s/l. I do think it could fall at anytime. I picked 1.0609 because its a 50% retrace. No other reasons. The 12h and 4h are below it. Its bearish, so my pending is probably a waste of time.
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  • #107,409
  • Mar 9, 2023 4:10am Mar 9, 2023 4:10am
Scientists create mice with two fathers after making eggs from male cells
Creation of mammal with two biological fathers could pave way for new fertility treatments in humans...
https://www.theguardian.com/science/...cvuqZuE6eSaHWA
I am who I am
  • #107,410
  • Mar 9, 2023 6:15am Mar 9, 2023 6:15am
Quoting imwim
Scientists create mice with two fathers after making eggs from male cells Creation of mammal with two biological fathers could pave way for new fertility treatments in humans... https://www.theguardian.com/science/...cvuqZuE6eSaHWA
I guess they will be using the technology to colonize space. They already know how to speed up aging. It may be cheaper to fly some cells to Mars, then grow the colony from scratch. The Mars University to follow, and a Mcdonald's. Of course they will use cultured beef. This could be a bunch of genetically engineered identical beings. Wait till they start doing athletes. Imagine a Michael Jorden crossed with Lebron J. You probably could fit Noah's entire Ark in a petri dish size container. The possibilities are limitless. All that is needed now is a self sufficient/duplicatable plant food and water sources. Pandora is out the box.
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  • #107,411
  • Mar 9, 2023 6:49am Mar 9, 2023 6:49am
FX option expiries for Mar 9 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
- EUR/USD: EUR amounts

  1. 1.0500 1.1b
  2. 1.0530 1.1b
  3. 1.0575 1.1b
  4. 1.0585 504m
  5. 1.0600 1.7b

  • #107,412
  • Mar 9, 2023 7:19am Mar 9, 2023 7:19am
Quoting Boulder
FX option expiries for Mar 9 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.0500 1.1b 1.0530 1.1b 1.0575 1.1b 1.0585 504m 1.0600 1.7b
When above 1.0549 and 1.0551. It has more potential to bounce than below it.
those who can, do. those who cant, talk about those who can
  • #107,413
  • Mar 9, 2023 7:36am Mar 9, 2023 7:36am
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  • #107,414
  • Mar 9, 2023 7:41am Mar 9, 2023 7:41am
Quoting gatorinla
{quote} When above 1.0549 and 1.0551. It has more potential to bounce than below it.
I scalp longs as long as 1.0548 holds at M5 close..
that 1.0575 maybe the hurdle for longs.....
  • #107,415
  • Mar 9, 2023 8:09am Mar 9, 2023 8:09am
Quoting gatorinla
{quote} I guess they will be using the technology to colonize space. They already know how to speed up aging. It may be cheaper to fly some cells to Mars, then grow the colony from scratch. The Mars University to follow, and a Mcdonald's. Of course they will use cultured beef. This could be a bunch of genetically engineered identical beings. Wait till they start doing athletes. Imagine a Michael Jorden crossed with Lebron J. You probably could fit Noah's entire Ark in a petri dish size container. The possibilities are limitless. All that is needed...
The Pandora's box can be as well a dream, in a dream, in a dream...when you wake up, the dream become your reality, and "you probably could fit the Noah's entire Ark in a petri dish size container"...
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  • #107,416
  • Mar 9, 2023 8:10am Mar 9, 2023 8:10am
Quoting Boulder
{quote} I scalp longs as long as 1.0548 holds at M5 close.. that 1.0575 maybe the hurdle for longs.....
booked all scalp longs for now....may try again if this can retrace some ..
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  • #107,417
  • Mar 9, 2023 8:14am Mar 9, 2023 8:14am
Quoting Boulder
FX option expiries for Mar 9 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.0500 1.1b 1.0530 1.1b 1.0575 1.1b 1.0585 504m 1.0600 1.7b
watch 1.0575,,
  • #107,418
  • Mar 9, 2023 8:32am Mar 9, 2023 8:32am
Quoting gatorinla
pa is below 1.0549 bearish, grinding on the low. Pa was unable to take 1.0574.9 again, bearish. The only bulls life I see is, the bulls not closing the day below 1.0532. 1.0551 dont matter till Friday close. I dont expect a bounce to 1.0609. But I need to sleep before NFP. So incase it has that pump. Like it often does before NFP release. I left a pending short at 1.0609. I dont expect it to be triggered. I could just as easily short 1.0549, or 1.0574. And be ok with those trades with a managed s/l. I do think it could fall at anytime. I picked...
The same, pa is bearish. But before NFP it could pump. I have a algo at 1.0622/slip. Just in case it does pump. I have the entries above 1.0622. The day 20 sma atm @ 1.0634. A rise to 1.0622 would cause the 20 sma to rise. The 12h is about 1.0596. But it dont have that algo. The quoted 50% at 1.0609, has the 68% at 0629. Near the algo, and the 20 sma. It may never get here. When pa is above 1.0549 51. Chance of a bounce rise. More so above if closing a 1h above 1.0574.9. PA has closed above 1.0649 and 51 for several hours..1.0574.9 may be next
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  • #107,419
  • Mar 9, 2023 8:44am Mar 9, 2023 8:44am
Quoting gatorinla
{quote} The same, pa is bearish. But before NFP it could pump. I have a algo at 1.0622/slip. Just in case it does pump. I have the entries above 1.0622. The day 20 sma atm @ 1.0634. A rise to 1.0622 would cause the 20 sma to rise. The 12h is about 1.0596. But it dont have that algo. The quoted 50% at 1.0609, has the 68% at 0629. Near the algo, and the 20 sma. It may never get here. When pa is above 1.0549 51. Chance of a bounce rise. More so above if closing a 1h above 1.0574.9. PA has closed above 1.0649 and 51 for several hours..1.0574.9 may be...
I am not planning to hold any trades overnight before NFP unless with very tight stop loss .. I am scalping longs this morning.. as long as 1.0550 holds at M5 closes atm..
  • #107,420
  • Mar 9, 2023 8:45am Mar 9, 2023 8:45am
Quoting Boulder
{quote} watch 1.0575,,
1.0574.9 is a residual yellow brick road. If pa rises, later to close below 1.0549. It may be ready to drop.
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