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The Swamp

  • #107,541
  • Mar 14, 2023 3:53pm Mar 14, 2023 3:53pm
Join Greg Brockman, President and Co-Founder of OpenAI, at 1 pm PT for a developer demo showcasing GPT-4 and some of its capabilities/limitations...

GPT-4 Developer Livestream...live in 50 min...
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I am who I am
  • #107,542
  • Mar 14, 2023 3:56pm Mar 14, 2023 3:56pm
Quoting gatorinla
Almost 250 pips here on full runs. No news for another 23hs may yield a few more runs. {image}
300 pips
The interaction of those levels are clear
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those who can, do. those who cant, talk about those who can
  • #107,543
  • Edited 4:16pm Mar 14, 2023 4:03pm | Edited 4:16pm
Quoting gatorinla
I could close 1/2 here at the 25% mark. B.E. stops to make the rest of the trade free +. I mentioned *1.0748. I also think bulls want that yellow line at *1.0736.2 today. The last time here that was the Bull/Bear balance point. It happens to be 75% too on this range. 25% on the way down. Pa will not reach 1.0548.8 today w/o a meteor strike. So I want to see if it can take 1.0732 {image}
The day close missed *these again. That gives 1.07/1.0694 a little more chance. I think it helps the odds some to reach the range bottom. Not saying its bearish, because its still closing above 1.0694/1.07. But it may allow the range.
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those who can, do. those who cant, talk about those who can
  • #107,544
  • Mar 14, 2023 4:15pm Mar 14, 2023 4:15pm
Quoting gatorinla
{quote} The day close missed *these again. That gives 1.07/1.0694 a little more chance. I think it helps the odds some to reach the range bottom. Not saying its bearish, because its still closing above 1.0694/1.0. But it may allow the range. {image}
On the day chart looking left. The last bounce there like today. Today didnt close above the last time it tried. It missed 1.0748 and 1.0732. Not much excitement here. If the 4h 6h 12h start closing below 1.0694. Something more could develop to open a range below 1.0694
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  • #107,545
  • Mar 14, 2023 4:21pm Mar 14, 2023 4:21pm
Quoting gatorinla
{quote} *If the 4h 6h 12h start closing below 1.0694. Something more could develop to open a range below 1.0694 {image}
*
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those who can, do. those who cant, talk about those who can
  • #107,546
  • Mar 14, 2023 4:34pm Mar 14, 2023 4:34pm
From the bullish perspective using the 1.0805 weekly algo and year close 1.0694. The current high being near the "day bull stop trend level" 1.0748.5. The 50% 1.0694/1.0805 sits 1.0749. No matter the case. To rise this R has to be broken. If broken, and the day closes back below 1.0748 it may turn bearish. More so if below 1.0732 1.0694 etc.

So if your bullish, you want the opposite. Concerning a day close. You also want to start closing above 1.0835.
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those who can, do. those who cant, talk about those who can
  • #107,547
  • Mar 14, 2023 4:58pm Mar 14, 2023 4:58pm
[quote=gatorinla;14360663 So if your bullish, you want the opposite. Concerning a day close. You also want to start closing above 1.0835. {image}[/quote]
One reason if bullish, you want pa above 1.0835. At some point it may close the door. The year closed below 1.0835. 0.8235 is in a drop scope.
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those who can, do. those who cant, talk about those who can
  • #107,548
  • Mar 14, 2023 5:11pm Mar 14, 2023 5:11pm
Quoting gatorinla
{quote} One reason if bullish, you want pa above 1.0835. At some point it may close the door. The year closed below 1.0835. 0.8235 is in a drop scope. {image} {image}
Bulls need 1.0748/49 closed. But the battle for 1.0776 is not so far. It may have topped already on the Quarter.
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those who can, do. those who cant, talk about those who can
  • #107,549
  • Mar 14, 2023 5:29pm Mar 14, 2023 5:29pm
Quoting gatorinla
{quote} One reason if bullish, you want pa above 1.0835. At some point it may close the door. The year closed below 1.0835. 0.8235 is in a drop scope. {image} {image}
0.8035 is about 1/2 of the 1.635 high. If one goes back to the early 1970s when the U.S. started to import more than 50% of its oil. The usd was kicked in the nuts until mid 2008. The eur/usd has never recovered. Back then the eur/usd was well below 0.8035. Now the U.S. actually exports some oil, plus NG. Europe buys it from the U.S. That makes most of last 50 years reverse some. What went up can come down, what went down can rise.

Bulls need to take back some high ground. I doubt its held over the years..
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  • #107,550
  • Mar 14, 2023 8:35pm Mar 14, 2023 8:35pm
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  • #107,551
  • Mar 14, 2023 8:41pm Mar 14, 2023 8:41pm
Hedge funds reduced Eur net long positions on Feb 28th COT report...
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  • #107,552
  • Mar 14, 2023 10:08pm Mar 14, 2023 10:08pm
I did get stopped -8. #7 failed.
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those who can, do. those who cant, talk about those who can
  • #107,553
  • Mar 14, 2023 10:26pm Mar 14, 2023 10:26pm
Quoting Boulder
{image}
The 6h ( last h )closed above 1.0748.5. I still see it bullish. Until I see some smaller topping evidence. Like pa slipping unable to close a day above 1.0749 32 (it did that earlier). The algo at 1.0805 and slipping to close a day above 1.0648 32 1.0694 are more bearish in degrees.

If 1.0776 rejects it. It may still need to comeback after a retrace, to 1.0805. The R at 1.0835 has a chance to drop it inline with the 1.0805 algo. I dont mind playing both sides. I'm trying to keep the stops tight.

Bulls need those closes, if not. I expect a fall. But the support also needs closes below to fall.
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  • #107,554
  • Mar 14, 2023 10:33pm Mar 14, 2023 10:33pm
Quoting gatorinla
{quote} The 6h ( last h )closed above 1.0748.5. I still see it bullish. Until I see some smaller topping evidence. Like pa slipping unable to close a day above 1.0749 32 (it did that earlier). The algo at 1.0805 and slipping to close a day above 1.0648 32 1.0694 are more bearish in degrees. If 1.0776 rejects it. It may still need to comeback after a retrace, to 1.0805. The R at 1.0835 has a chance to drop it inline with the 1.0805 algo. I dont mind playing both sides. I'm trying to keep the stops tight. Bulls need those closes, if not. I expect...
I got this one pending
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  • #107,555
  • Mar 15, 2023 3:23am Mar 15, 2023 3:23am
Argentina inflation soars past 100% mark...
https://www.bbc.com/news/world-latin-america-64960385
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  • #107,556
  • Mar 15, 2023 3:47am Mar 15, 2023 3:47am
Quoting gatorinla
{quote} The 6h ( last h )closed above 1.0748.5. I still see it bullish. Until I see some smaller topping evidence. Like pa slipping unable to close a day above 1.0749 32 (it did that earlier). The algo at 1.0805 and slipping to close a day above 1.0648 32 1.0694 are more bearish in degrees. If 1.0776 rejects it. It may still need to comeback after a retrace, to 1.0805. The R at 1.0835 has a chance to drop it inline with the 1.0805 algo. I dont mind playing both sides. I'm trying to keep the stops tight. Bulls need those closes, if not. I...
The 6h made the leap and closed above 1.0749 and 32. The 12h may take it back. Its back within yest range. A 12h is not a day.
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  • #107,557
  • Mar 15, 2023 4:09am Mar 15, 2023 4:09am
A 12h is not a day close below 1.0732. Its not as strong. But the day did not close above 1.0748. The 4h and 6h are red engulfed. ATM this is not a sign of bull strength the last 6hs. 12hs hs ago it did not take 1.0749 either. It did not close above 1.0736. That may change, but 12 hs ago and 6 hs ago it was a sign of weakness is those times. 1.0732 may resist
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those who can, do. those who cant, talk about those who can
  • #107,558
  • Mar 15, 2023 4:19am Mar 15, 2023 4:19am
I have stops at 1.0736.. Above 1.0732..
those who can, do. those who cant, talk about those who can
  • #107,559
  • Mar 15, 2023 4:32am Mar 15, 2023 4:32am
Quoting gatorinla
I have stops at 1.0736.. Above 1.0732..
I closed some 1.0706

-1.0694 bears want.
those who can, do. those who cant, talk about those who can
  • #107,560
  • Mar 15, 2023 4:33am Mar 15, 2023 4:33am
FX option expiries for Mar 15 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
- EUR/USD: EUR amounts

  1. 1.0500 1.7b
  2. 1.0700 1.8b
  3. 1.0750 3.5b
  4. 1.0800 932m
  5. 1.0830 1.8b

- GBP/USD: GBP amounts

  1. 1.1900 1b

- USD/JPY: USD amounts

  1. 133.00 1.6b
  2. 134.00 541m
  3. 135.00 668m

- AUD/USD: AUD amounts

  1. 0.6675 502m
  2. 0.6720 926m

- USD/CAD: USD amounts

  1. 1.3500 744m
  2. 1.3575 1.5b
  3. 1.3725 837m
  4. 1.3945 1.1b

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