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The Swamp

  • #108,821
  • May 15, 2023 7:14am May 15, 2023 7:14am
Hoping to sell around 1.10 this week.
  • #108,822
  • May 15, 2023 7:34am May 15, 2023 7:34am
Quoting Boulder
long some 1.0889
flat longs 1.0890 with tiny profit.. thanks bulls for the runup..
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  • #108,823
  • May 15, 2023 9:25am May 15, 2023 9:25am
Quoting gatorinla
{quote} Chart shows a anticipated possible R. It in no way predicts anything. It also shows a possible anticipated "like support". Theoretically it may run to one similar. It shows a "generic stop" of 6% of the distance between those R and S. But if it does run above 1.2499, than it may act as support. The side it starts to close on the larger time frames may be a future direction. I use the stops to figure the size of the trade. To help have measured risk. X shows the possible N b/o move to R, it also shows the possible drop to support. 1.2499...
I closed the short gbp -5.
4h closed above 1.2499
those who can, do. those who cant, talk about those who can
  • #108,824
  • May 15, 2023 9:38am May 15, 2023 9:38am
From earlier gbp chart. 1.2499/slip may be a long. tp on chart.. 1.2620 ish a shorter one.
those who can, do. those who cant, talk about those who can
  • #108,825
  • May 15, 2023 10:03am May 15, 2023 10:03am
Quoting Boulder
{quote} flat longs 1.0890 with tiny profit.. thanks bulls for the runup.. {image}
I saw eu couldn't get the 0886 close on the 30 min. 15 min ts at 0856..
The gbp has the same problem with the 1h at 1.2527. Since the 4h closed above 1.2499. A break in 1.2527 1h may open the gate to 1.2620 4h, and the yellow line R at 1.2620.8
those who can, do. those who cant, talk about those who can
  • #108,826
  • Edited 10:30am May 15, 2023 10:19am | Edited 10:30am
A good spot for euro to grow some balls. If it does bounce here. The Eu may start its journey too.
Nothing in the Euro strength indication. That it will bounce verse gbp. Day timeframe and under.
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those who can, do. those who cant, talk about those who can
  • #108,827
  • May 15, 2023 10:56am May 15, 2023 10:56am
How Wall Street is preparing for possible US debt default...
https://www.reuters.com/markets/us/h...lt-2023-05-15/
I am who I am
  • #108,828
  • May 15, 2023 11:07am May 15, 2023 11:07am
Quoting imwim
How Wall Street is preparing for possible US debt default... https://www.reuters.com/markets/us/h...lt-2023-05-15/
There is a last minute plan.
https://www.nytimes.com/2023/05/02/u...-petition.html
Also the 14th amendment may come in play. “The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned,” reads the section, which refers to the debt incurred by the Union to fight the Civil War.
The way its written, all debt to be paid. Constitutional wise, it states it not to be questioned. Questioning it is against the constitution.
https://www.cnn.com/2023/05/12/polit...ing/index.html
those who can, do. those who cant, talk about those who can
  • #108,829
  • May 15, 2023 11:49am May 15, 2023 11:49am
Quoting gatorinla
{quote} There is a last minute plan. https://www.nytimes.com/2023/05/02/u...-petition.html Also the 14th amendment may come in play. “The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned,” reads the section, which refers to the debt incurred by the Union to fight the Civil War. The way its written, all debt to be paid. Constitutional wise, it states...
I hope so, else a possible US debt default is like a Killer Solar Storm Hits entire Earth...

NASA: We'd Have a 30-Minute Warning Before a Killer Solar Storm Hits Earth...
https://www.sciencealert.com/nasa-we...orm-hits-earth
I am who I am
  • #108,830
  • Edited 1:07pm May 15, 2023 12:37pm | Edited 1:07pm
Quoting imwim
{quote} I hope so, else a possible US debt default is like a Killer Solar Storm Hits entire Earth... NASA: We'd Have a 30-Minute Warning Before a Killer Solar Storm Hits Earth... https://www.sciencealert.com/nasa-we...orm-hits-earth
“The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned,”
I'm not a constitutional scholar, but this 14th amendment. Ranks with the first and second amendment to me. All are written in the constitution. Its even more clear than the second amendment. Using the words "shall not be questioned". This is some of the strongest wording in the constitution. To me it is to be interpreted one way. Unless they change it. That has 0 chance in the next 2 weeks. So it someone is questioning it, and refusing to pay. They dont seem to respect it much as they pretend to. Especially the guys who ran it up.
those who can, do. those who cant, talk about those who can
  • #108,831
  • May 15, 2023 12:58pm May 15, 2023 12:58pm
Quoting gatorinla
{quote} I saw eu couldn't get the 0886 close on the 30 min. 15 min ts at 0856.. The gbp has the same problem with the 1h at 1.2527. Since the 4h closed above 1.2499. A break in 1.2527 1h may open the gate to 1.2620 4h, and the yellow line R at 1.2620.8
gbp 1h broke up.
those who can, do. those who cant, talk about those who can
  • #108,832
  • May 15, 2023 1:04pm May 15, 2023 1:04pm
Quoting gatorinla
{quote} gbp 1h broke up.
EG broke below .8685. I would not trust a bull unless it closed above it. It broke below the yellow lines on the chart. They may become R
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those who can, do. those who cant, talk about those who can
  • #108,833
  • May 15, 2023 9:10pm May 15, 2023 9:10pm
5/16 trading levels

1.0919
1.0898
1.0886

1.0861
1.0848
1.0828

next to print 1.0861 or 1.0886
  • #108,834
  • May 15, 2023 9:26pm May 15, 2023 9:26pm
I closed eu and gbp. I will try to buy eu closer to 1.035/42. GBP maybe closer to last weeks low.
GBP has some some some news in 3.5hs. That Empire news didnt push the eu very much higher. Maybe if it hits 0835/41.
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those who can, do. those who cant, talk about those who can
  • #108,835
  • May 15, 2023 9:39pm May 15, 2023 9:39pm
Quoting Boulder
5/16 trading levels 1.0919 1.0898 1.0886 1.0861 1.0848 1.0828 next to print 1.0861 or 1.0886
A slight crypto pulse. Maybe because debt ceiling.
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those who can, do. those who cant, talk about those who can
  • #108,836
  • May 16, 2023 2:27am May 16, 2023 2:27am
Florida man breaks record for longest time living underwater...
https://www.cbsnews.com/news/florida...joseph-dituri/
I am who I am
  • #108,837
  • May 16, 2023 4:40am May 16, 2023 4:40am
Quoting Boulder
5/16 trading levels 1.0919 1.0898 1.0886 1.0861 1.0848 1.0828 next to print 1.0861 or 1.0886
5/16 trading levels

1.0919
1.0898
1.0886

1.0861
1.0848
1.0828

2 levels cleared,,,next to print 1.0861 or 1.0919...day range high today 1.0942
  • #108,838
  • May 16, 2023 4:40am May 16, 2023 4:40am
Quoting Boulder
{quote} 5/16 trading levels 1.0919 1.0898 1.0886 1.0861 1.0848 1.0828 2 levels cleared,,,next to print 1.0861 or 1.0919...
I started to short Eur ..first at 1.09... will add
  • #108,839
  • May 16, 2023 4:41am May 16, 2023 4:41am
FX option expiries for May 16 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
- EUR/USD: EUR amounts

  1. 1.0815-20 555m
  2. 1.0895-1.0900 680m
  3. 1.0920 306m
  4. 1.0950-65 925m
  5. 1.0995-1.1000 900m

  • #108,840
  • May 16, 2023 5:26am May 16, 2023 5:26am
Quoting imwim
How Wall Street is preparing for possible US debt default... https://www.reuters.com/markets/us/h...lt-2023-05-15/
"Even a short breach of the debt limit could lead to a spike in interest rates, a plunge in equity prices, and covenant breaches in loan documentation and leverage agreements." sounds like there could be chain reaction? as overnight rates are tied to treasury bonds since January(via SOFR).

What are important dates i should be aware of? if you know.
You have an IQ lower than 90 if you interact with this user.
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