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The Swamp

  • #111,701
  • Aug 28, 2023 11:14am Aug 28, 2023 11:14am
Quoting Boulder
H1 downtrend stop at 1.0829 M15 uptrend stop at 1.0796 One of the stops has to give up for the trend to continue,,,...
I started without you
those who can, do. those who cant, talk about those who can
  • #111,702
  • Aug 28, 2023 1:55pm Aug 28, 2023 1:55pm
Quoting Ferna
Can anyone explain why the big banks sell their retail customers department/i.e personal finance? I see it as an emerging trend among bankers. https://www.cnbc.com/2023/08/28/gold...-planning.html
greed , they all ready have a one in place , the one they selling cant be making enough money for them so they sell it off make a big profit and get rid of 2500 workers to them its about the cash and if you have 2500 workers in that company it dilutes the profit
people leave, but this thread will go on for ever
  • #111,703
  • Aug 28, 2023 2:03pm Aug 28, 2023 2:03pm
Quoting Ferna
Can anyone explain why the big banks sell their retail customers department/i.e personal finance? I see it as an emerging trend among bankers. https://www.cnbc.com/2023/08/28/gold...-planning.html
I could be wrong. But most things are done because of money. Either they plan to make money selling them now. Or lose less money selling them now. What would you do? I dont have the answer to your question because its a unknown. But suppose interest rates are/have been rising. For the foreseeable future they may remain high. Would this not put pressure on those with floating higher interest rates consumers pay? Especially the type like a creditcard. I assume if a bank is selling these highly profitable loans. Maybe those are assuming the default risk is too high. Possibly assuming they may get stuck with a lot of bad debt. If the economy did take a downturn. Those creditcards/personal finance at least in the U.S. Are backed with no assets. Another thing, since its "personal finance". If one has to spend all their money paying the higher credit card bill. People may have less money to spend on the assets. That banks sells to retail consumers. That to me may be a good reason for a bank to sell. Their retail customers department/i.e personal finance. Maybe those banks are trying to get out before a banking event. I may be wrong.
those who can, do. those who cant, talk about those who can
  • #111,704
  • Aug 28, 2023 2:14pm Aug 28, 2023 2:14pm
Quoting gatorinla
{quote} GB holiday. I think the 4h + needs to close below 0776. If correct, 0805.95 may start to have a role. {image}
No move during the holiday..
0805.95. seems to be in the game
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those who can, do. those who cant, talk about those who can
  • #111,705
  • Aug 28, 2023 3:25pm Aug 28, 2023 3:25pm
0827 is the 6 month PP. Its being tested now. .0835 is the mid of the euro since 2000 to 2008. Its a calculated chance these are the high, or close. QPP is 0878. Last weeks gold number 0841.
0827 and 0835 are bigger.
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those who can, do. those who cant, talk about those who can
  • #111,706
  • Aug 28, 2023 3:35pm Aug 28, 2023 3:35pm
Looking on Boulders pc screen.. The 30 min went bullish. The 1h bear is being tested at 0829.
5m 0813, 15m 0800
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  • #111,707
  • Aug 28, 2023 3:42pm Aug 28, 2023 3:42pm
The month average range at 1.0654.4. The year closes at 1.07.. Year pp 1.0576. I could reverse engineer amr average 1.0654.4, and week average range. 1.0654.5+ amr 175r= 1.0829.8. May be a high area. Using a 2X adr, at soonest is Tuesday before 0654. A drop 2x adr can put it at month average range. If it went deeper now to 0733/34, and is able to break 1.0654. That is above average. 0700 this month, it would be out out average. First things first pa closed below 0792.. it could resist some, if so 0733 is in the way. I dont include day or week levels in this..[/quote]
Lets see how it works out. 0827 is close to 0828.8.
those who can, do. those who cant, talk about those who can
  • #111,708
  • Aug 28, 2023 3:52pm Aug 28, 2023 3:52pm
Quoting gatorinla
The month average range at 1.0654.4. The year closes at 1.07.. Year pp 1.0576. I could reverse engineer amr average 1.0654.4, and week average range. 1.0654.5+ amr 175r= 1.0829.8. May be a high area. Using a 2X adr, at soonest is Tuesday before 0654. A drop 2x adr can put it at month average range. If it went deeper now to 0733/34, and is able to break 1.0654. That is above average. 0700 this month, it would be out out average. First things first pa closed below 0792.. it could resist some, if so 0733 is in the way. I dont include day or week levels...
Lets see how it works out. 0827 is close to 0828.8.[/quote]
At the current high. 2x adr puts month average after Tuesday. At the current high a 2x adr is about 0668 (less than month average range). I dont know if this high area will hold or not. It is a large one. With a 1 week close below.
those who can, do. those who cant, talk about those who can
  • #111,709
  • Aug 28, 2023 7:10pm Aug 28, 2023 7:10pm
Boulder's 1h flipped to bull. Its in the belly of the beast here to me. Pre NFP pump.
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those who can, do. those who cant, talk about those who can
  • #111,710
  • Aug 28, 2023 7:13pm Aug 28, 2023 7:13pm
5 min bull at 0825
15 min at 0812
30 min at 0800
1h at 0781
0805.6 can attract.
If the atm high holds. ADR would be 75 pips.. A new low this month.
I cant say its the high. Its a good place to put a high anytime here. When its tired 75 pips from high should be adr.
DPP 0808.9
those who can, do. those who cant, talk about those who can
  • #111,711
  • Aug 28, 2023 7:30pm Aug 28, 2023 7:30pm
Boulders 1h broke last hour. These area 0827 35 78 are the biggest thing I see in this area. Last week closed below. The month may have other plans, but if this holds. If can be a good R. What sucks is these dont close till Sept 30, and Dec 31. That's an eternity.
those who can, do. those who cant, talk about those who can
  • #111,712
  • Aug 28, 2023 8:04pm Aug 28, 2023 8:04pm
DXY looks to be on the turn , weekly chart.

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Its all just one persons opinion
  • #111,713
  • Aug 28, 2023 8:06pm Aug 28, 2023 8:06pm
Quoting gatorinla
Boulders 1h broke last hour. These area 0827 35 78 are the biggest thing I see in this area. Last week closed below. The month may have other plans, but if this holds. If can be a good R. What sucks is these dont close till Sept 30, and Dec 31. That's an eternity.
Boulder's 1h is bullish. The last hour closed above 0835. 0841 looks like it will be next tested. It's smaller than 0827 35. I like to think the week closing below 0841 last week. Made it have a better chance of being bearish. Plus closing the week below 0827 35. Made/makes me think this bear was very strong. When pa is above these, I may be wrong.
those who can, do. those who cant, talk about those who can
  • #111,714
  • Aug 28, 2023 8:06pm Aug 28, 2023 8:06pm
Daily,

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Its all just one persons opinion
  • #111,715
  • Aug 28, 2023 8:49pm Aug 28, 2023 8:49pm
8/29 Tues levels.. also month-end rebalancing

1.0840
1.0828
1.0821

1.0808 - PP

1.0796
1.0789
1.0776

Next print 1.0840 or 1.0808
  • #111,716
  • Aug 28, 2023 9:10pm Aug 28, 2023 9:10pm
Quoting axecap
Daily, {image}
I see some possible support at 103.60. But if Tuesday closes above 103.60, it leans bullish. EU if bearish. Rarely will let pa reach +0852. If its reaching for 0841, rarely will it go 10+ above 0841. It does happen. It is rare.
those who can, do. those who cant, talk about those who can
  • #111,717
  • Aug 28, 2023 9:36pm Aug 28, 2023 9:36pm
Quoting gatorinla
5 min bull at 0825 15 min at 0812 30 min at 0800 1h at 0781 0805.6 can attract. If the atm high holds. ADR would be 75 pips.. A new low this month. I cant say its the high. Its a good place to put a high anytime here. When its tired 75 pips from high should be adr. DPP 0808.9
0829.8, 3 min is bullish.. a 3 min close below changes that.
5 min at 0827
15 min 0816
30 min 0804
60 min 0784
those who can, do. those who cant, talk about those who can
  • #111,718
  • Aug 28, 2023 10:04pm Aug 28, 2023 10:04pm
Quoting gatorinla
{quote} 0829.8, 3 min is bullish.. a 3 min close below changes that. 5 min at 0827 15 min 0816 30 min 0804 60 min 0784
3 min bear at 0830, 5 min 0833

15 min 0816 30 min 0804 60 min 0784
those who can, do. those who cant, talk about those who can
  • #111,719
  • Aug 29, 2023 1:07am Aug 29, 2023 1:07am
15 min bear at 0830
30 min bull at 0804
60 min bull at 0784
those who can, do. those who cant, talk about those who can
  • #111,720
  • Aug 29, 2023 1:19am Aug 29, 2023 1:19am
next h closes a 6h/12h candle. -0814 bearish engulfs 6h. -0800 engulfs the 12h. If it goes that way. The day closed at 0814.6..Testing 0814.6 now.
those who can, do. those who cant, talk about those who can
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