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The Swamp

  • #110,601
  • Jul 25, 2023 4:54am Jul 25, 2023 4:54am
day s2 a 1034.. s3 at 1001. It dont have to stay at 1004 for me. A day close below to me is bearish.. It may act like support, because it is support. Its one that needs to have a day close below. So would 1.0942,, 0942 may need larger closes below. A day may be too small. Ahead of the skis some. But this is what's to expected from the 1186 algo and a 1274 reject. Its been discussed for weeks now. So nothing here is new. Day wise pa can always got back to 1079 several times. I dont expect it, but it happens. I took some profit. I left some 1079/88 pending in case.
Later 1004 or something else will be a benchmark R. At hand they are support. It can pass them some. But probably not to far w/o some bounce. Keep in mind the last near 10 months was up. The spring back to down trend time length would be less. Maybe less than 1/3 the time. 1/3 time leaves less time to retrace. Making drop angles steeper. less retrace to R pp etc. Like 1088 today
those who can, do. those who cant, talk about those who can
  • #110,602
  • Jul 25, 2023 5:29am Jul 25, 2023 5:29am
After twin peaks. The retracement to 61.2. PA can be followed by a deep drop. 1274 was a 61.2 retracement after twin peeks. .
So after twin peeks, and the 61.2 test failing. It dont hurt to look for failures in bull attempts just to be normal. If bulls are unable to make normal lifts. They should be deemed as weak.
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those who can, do. those who cant, talk about those who can
  • #110,603
  • Jul 25, 2023 5:53am Jul 25, 2023 5:53am
Until something changes. Its looking like algo -0.790 or 0.7705. If you look out the window, and see rain. The ground is probably wet. Tomorrow may be sunshine. If things change, i will too.
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those who can, do. those who cant, talk about those who can
  • #110,604
  • Jul 25, 2023 5:57am Jul 25, 2023 5:57am
Quoting gatorinla
Until something changes. It’s looking like algo -0.790 or 0.7705. If you look out the window, and see rain. The ground is probably wet. Tomorrow may be sunshine. If things change, i will too. https://www.youtube.com/watch?v=FPnwgqeTtSY {image}
answer your phone
  • #110,605
  • Jul 25, 2023 6:10am Jul 25, 2023 6:10am
Quoting Boulder
{quote} answer your phone
let me go find it
those who can, do. those who cant, talk about those who can
  • #110,606
  • Jul 25, 2023 6:15am Jul 25, 2023 6:15am
Quoting Mitiblotch
61.8% fib retracement of this rise sits around 1002 area. Shorting here at 1076 to bank at 1025.
Me out here at 1042. +34 in the bag as I walk away like a champ. Hehehe
  • #110,607
  • Jul 25, 2023 6:48am Jul 25, 2023 6:48am
Quoting Boulder
{quote} answer your phone
It was under your robe, and pillow. I was jamming to some CCR. I didnt hear it. Only on vibrate setting.
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those who can, do. those who cant, talk about those who can
  • #110,608
  • Jul 25, 2023 7:58am Jul 25, 2023 7:58am
Quoting Mitiblotch
{quote} Me out here at 1042. +34 in the bag as I walk away like a champ. Hehehe
You may get another shot 1068/69/ 79ish or maybe 88/90. In the next 2 hs.
those who can, do. those who cant, talk about those who can
  • #110,609
  • Jul 25, 2023 8:18am Jul 25, 2023 8:18am
Quoting Boulder
7/25 Tue trading levels 1.1176 1.1143 1.1123 1.1088 PP 1.1055 1.1034 1.1001 Intermediate trends are still down with downtrend stops at M15 1.1088 M30 1.1106 - over-extended.. not sure bears can hold H1 1.1127 H4 1.1194 I am sideline atm,,, look for opportunities later in London or US session
2 levels printed,,,next to print 1.1001 or 1.1088..

7/25 Tue trading levels

1.1176
1.1143
1.1123

1.1088 PP

1.1055
1.1034
1.1001

Intermediate trends are still down with downtrend stops at

M15 1.1060
M30 1.1075
H1 1.1097
H4 1.1161

Day uptrend stop at 1.0870.. 150 pips away
  • #110,610
  • Edited 8:32am Jul 25, 2023 8:22am | Edited 8:32am
Quoting gatorinla
{quote} You may get another shot 1068/69/ 79ish or maybe 88/90. In the next 2 hs.
Bounce chances is looking less as time goes one.. The clock and -1.1004 may have a date for today's close. I still have those pendings in case. Closing today below 1004 is very bearish to me. 1004 also may support at first. A possible springboard from it, To later close below it is possible. I wont be longing it because of 1186 reasons. Anyway if the bounces can yield 1079ish again. It will be no surprise to me, if it drops to close the day below. To do this, it may be in the next 1.5h window if its going back to 1.1079. That dont look likely... Later a new number will generate. It may be lower.
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those who can, do. those who cant, talk about those who can
  • #110,611
  • Jul 25, 2023 8:45am Jul 25, 2023 8:45am
Quoting Boulder
{quote} 2 levels printed,,,next to print 1.1001 or 1.1088.. 7/25 Tue trading levels 1.1176 1.1143 1.1123 1.1088 PP 1.1055 1.1034 1.1001 Intermediate trends are still down with downtrend stops at M15 1.1060 M30 1.1075 H1 1.1097 H4 1.1161 Day uptrend stop at 1.0870.. 150 pips away
Price came to bulls territory.. let see bulls can defend the day trend ,,
day uptrend stop 1.0870
three levels where bulls at
1.1025
1.0956
1.0916

test one
  • #110,612
  • Jul 25, 2023 8:48am Jul 25, 2023 8:48am
PA has been below 1056 for hs now. Month R1. It may be a R today. 1004 and 1056. between the 2 is 1030
those who can, do. those who cant, talk about those who can
  • #110,613
  • Jul 25, 2023 9:35am Jul 25, 2023 9:35am
London is pushing it down this last 30 min.. its not going to 1079..
If once it hits 1004.. it does bounce.. It may be limited to 1056.. or it is looking like less atm
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those who can, do. those who cant, talk about those who can
  • #110,614
  • Jul 25, 2023 10:29am Jul 25, 2023 10:29am
Possible 11 pip range setting up 1045 1056. To be bearish, today closing below 1004. Bullish above w/o closes below. bearish below 1108..

1004 to 1108 has 1056 in the center. It cant be as random as it seems. R1 month also 1056
those who can, do. those who cant, talk about those who can
  • #110,615
  • Jul 25, 2023 10:46am Jul 25, 2023 10:46am
It hasn't reached 1056 yet.. it may range.. It may have already started at 1044.
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those who can, do. those who cant, talk about those who can
  • #110,616
  • Jul 25, 2023 12:06pm Jul 25, 2023 12:06pm
missed 56 entry
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those who can, do. those who cant, talk about those who can
  • #110,617
  • Jul 25, 2023 3:05pm Jul 25, 2023 3:05pm
Too late to enter. The spread will widen. Its not lookin like 1004 will happen today. Nerveless its a lower close here. Its below 1108, but above 0942 and 1004. ATM its below R1 1056. That's a mixed bag. Since reaching 1274 pa has shown some weakness. It did take out 1108.

It would need to recover 1108 to me, to rise. Or it would need to break 0942 to drop on a larger scale. If short at 1274 and holding this dont affect those position trades.

For newer trades more short term it can affect trading.


Shorter term 1045 58 can resist. 1004/today's low area, can support.

More to come later..
those who can, do. those who cant, talk about those who can
  • #110,618
  • Jul 25, 2023 3:16pm Jul 25, 2023 3:16pm
Quoting gatorinla
Too late to enter. The spread will widen. Its not lookin like 1004 will happen today. Nerveless its a lower close here. Its below 1108, but above 0942 and 1004. ATM its below R1 1056. That's a mixed bag. Since reaching 1274 pa has shown some weakness. It did take out 1108. It would need to recover 1108 to me, to rise. Or it would need to break 0942 to drop on a larger scale. If short at 1274 and holding this dont affect those position trades. For newer trades more short term it can affect trading. Shorter term 1045 58 can resist. 1004/today's low...
always appreciate your breakdown. thanks gator
A snails pace wins the race :-)
  • #110,619
  • Jul 25, 2023 3:50pm Jul 25, 2023 3:50pm
Quoting gatorinla
Too late to enter. The spread will widen. Its not lookin like 1004 will happen today. Nerveless its a lower close here. Its below 1108, but above 0942 and 1004. ATM its below R1 1056. That's a mixed bag. Since reaching 1274 pa has shown some weakness. It did take out 1108. It would need to recover 1108 to me, to rise. Or it would need to break 0942 to drop on a larger scale. If short at 1274 and holding this dont affect those position trades. For newer trades more short term it can affect trading. Shorter term 1045 58 can resist. 1004/today's low...
Tomorrow FMOC, better no trades open before FMOC...
  • #110,620
  • Jul 25, 2023 5:36pm Jul 25, 2023 5:36pm
Quoting Boulder
{quote} Tomorrow FMOC, better no trades open before FMOC...
With pa closing today below 1224 and 1108 today. If pa takes out 1004 after FOMC it would likely continue to 0942.. And probably deeper. If it runs North, it would need to take out 1056 and 1108. To test 1224. It has a chance to take 0942. Below 0942 may ensure last years drop continuing. Since its been to 1274.
those who can, do. those who cant, talk about those who can
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