The Swamp | Page 5648 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #112,941
  • Nov 9, 2023 11:44pm Nov 9, 2023 11:44pm
Quoting gatorinla
{quote} I never did get the 0765 algo. ATM pa is below 0700 0697 (bear side).. The 2h support needs a 2h close below 0657.8. the 3h at 0631. There is a lot of weekly activity balance at 0649. This current area near 0649/57 can be tough to break. If it won't break, it will need to rise. Its Friday. Its best for bears to close below 0649. Bulls want a close above 0700. 0649/0700 is still a mixed bag. Last week closed above 0649 and 0700. The 2h closes in 30 min. The 12h closes 2 hs after. 0657.8 is being tested now.
If this area can not break support. Pa often normally will run to 0715. Today being a Friday it is fighting 0700 and/or 0649. London pushed it up yesterday.
ADR is about 0728 North. ADR South about 0601.
Wk range about 160 pips. 0816 or 0591 is in range, but time is short.
those who can, do. those who cant, talk about those who can
  • #112,942
  • Nov 10, 2023 12:04am Nov 10, 2023 12:04am
Quoting gatorinla
{quote} If this area can not break support. Pa often normally will run to 0715. Today being a Friday it is fighting 0700 and/or 0649. London pushed it up yesterday. ADR is about 0728 North. ADR South about 0601. Wk range about 160 pips. 0816 or 0591 is in range, but time is short.
2h, bulls held this close.
PA has been acting weird around 1.0700. It being a year close. It should of held better as R. 0649 may be a bigger reason to watch, than I thought. It looks to be old enough to vote. I added it for bears and a week close. Needing to be below it.
those who can, do. those who cant, talk about those who can
  • #112,943
  • Nov 10, 2023 12:16am Nov 10, 2023 12:16am
on a normal day. I would most often expect 0715 now. Stops to b.e.
those who can, do. those who cant, talk about those who can
  • #112,944
  • Nov 10, 2023 12:23am Nov 10, 2023 12:23am
I remain Long EURUSD from yesterday. Positives are EURUSD, Bonds, and Russel 2k futures are trading up. $VIX is calm BUT USDJPY is trading up. That's a negative IMO. Good Luck!
  • #112,945
  • Nov 10, 2023 12:58am Nov 10, 2023 12:58am
Quoting FT.Trader
I remain Long EURUSD from yesterday. Positives are EURUSD, Bonds, and Russel 2k futures are trading up. $VIX is calm BUT USDJPY is trading up. That's a negative IMO. Good Luck!
energy/oil always weighs on Europe/Asia more than USA. I wanna short the rises. I had hoped to see 0765/08 to short.
those who can, do. those who cant, talk about those who can
  • #112,946
  • Nov 10, 2023 1:12am Nov 10, 2023 1:12am
Quoting FT.Trader
I remain Long EURUSD from yesterday. Positives are EURUSD, Bonds, and Russel 2k futures are trading up. $VIX is calm BUT USDJPY is trading up. That's a negative IMO. Good Luck!
Here is something to cut one's teeth on. i said this for over a decade now. Reuters looks to have some reporting on it.
https://www.reuters.com/business/ene...ed-2022-03-25/
Oil bought favors the USA over europe and Asia. Because the USA is a net exporter. High oil hurts Europe and Asia more than the USA comparably. High oil leads to inflation and recessions. But it weighs more on Europe and Asia.
The EZ equalizes this some with rate increases to fight inflation. If not, the Eur/usd would remain well below parody In the 0970s. That was below 0.8
those who can, do. those who cant, talk about those who can
  • #112,947
  • Edited 1:43am Nov 10, 2023 1:25am | Edited 1:43am
Quoting gatorinla
{quote} Here is something to cut one's teeth on. i said this for over a decade now. Reuters looks to have some reporting on it. https://www.reuters.com/business/ene...ed-2022-03-25/ Oil bought favors the USA over europe and Asia. Because the USA is a net exporter. High oil hurts Europe and Asia more than the USA comparably. High oil leads to inflation and recessions. But it weighs more on Europe and Asia. The EZ equalizes this some with rate increases to fight inflation. If not, the Eur/usd...
When central banks rates are raised. It hurts borrowing for investment. It hurts GDP. But money is liquid. High inflation brings high rates. When those central rates are high enough. Investment banks bring their clients for private funding. The circle of life.
Buffet parked a shitload or usd in treasury for 5.5%. He was skulldrug on the apple slip
those who can, do. those who cant, talk about those who can
  • #112,948
  • Nov 10, 2023 1:25am Nov 10, 2023 1:25am
Quoting gatorinla
{quote} Here is something to cut one's teeth on. i said this for over a decade now. Reuters looks to have some reporting on it. https://www.reuters.com/business/ene...ed-2022-03-25/ Oil bought favors the USA over europe and Asia. Because the USA is a net exporter. High oil hurts Europe and Asia more than the USA comparably. High oil leads to inflation and recessions. But it weighs more on Europe and Asia. The EZ equalizes this some with rate increases to fight inflation. If not, the Eur/usd...
Thank you! I am primarily an Oil trader. I manage my 401k retirement account trading the UCO and SCO ETF's. I am currently short oil (Long SCO). Looking for low 70's to exit or the 1st week of December. I trade FX to pay the current monthly bills.
  • #112,949
  • Nov 10, 2023 1:53am Nov 10, 2023 1:53am
We could possibly trade back up to yesterday's London Close. 0712. I will be looking to lighten up if we get there. Especially in the overnight market. I also like to bracket off the last 30 mins of London Trade. 11-11:30 ET. They are sometimes good entry exit points.
  • #112,950
  • Nov 10, 2023 6:32am Nov 10, 2023 6:32am
Quoting FT.Trader
We could possibly trade back up to yesterday's London Close. 0712. I will be looking to lighten up if we get there. Especially in the overnight market. I also like to bracket off the last 30 mins of London Trade. 11-11:30 ET. They are sometimes good entry exit points.
It should happen within the next 1.5 hs. If it's going to happen.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 4 KB
those who can, do. those who cant, talk about those who can
  • #112,951
  • Nov 10, 2023 6:45am Nov 10, 2023 6:45am
Quoting gatorinla
{quote} It should happen within the next 1.5 hs. If it's going to happen. {image}
Agreed!
  • #112,952
  • Nov 10, 2023 7:06am Nov 10, 2023 7:06am
Quoting FT.Trader
{quote} Agreed!
she's coming for me.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 2 KB
those who can, do. those who cant, talk about those who can
  • #112,953
  • Edited 7:47am Nov 10, 2023 7:24am | Edited 7:47am
Looking at GBP 1.2224 area. It can support or resist. Support probably above 2225. R probably below 2210. Not precise because different brokers. Different numbers.
EU 0649 is similar.
GBP is below 2224 atm. Eur above 0649. The direction verse usd conflicted.
The chf .9250 pa is below it.

15 min till LC. It looks to be lower. I may try to long closer to 0649. i closed for 10 pips
those who can, do. those who cant, talk about those who can
  • #112,954
  • Nov 10, 2023 8:42am Nov 10, 2023 8:42am
Quoting FT.Trader
{quote} Agreed!
It didnt make it back to LC. PA is below 0700 and 0697. -0649 for me, is looking like a fall. Its holding atm. Week close wise -0649 or above 0700. I still have the same conflict with 0765. It came close. Closing today below 0649 may be the door shutting. The month and Q close was below. The week was above. Today is another week closing.
St when pa dont make LC. That's a sign 0649ish will test. Will it bounce or not is my question.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB
those who can, do. those who cant, talk about those who can
  • #112,955
  • Nov 10, 2023 8:50am Nov 10, 2023 8:50am
Europeon booz maker Diageo weighing on European equity markets today. What a tragedy!
  • #112,956
  • Nov 10, 2023 9:06am Nov 10, 2023 9:06am
Quoting gatorinla
{quote} It didnt make it back to LC. PA is below 0700 and 0697. -0649 for me, is looking like a fall. Its holding atm. Week close wise -0649 or above 0700. I still have the same conflict with 0765. It came close. Closing today below 0649 may be the door shutting. The month and Q close was below. The week was above. Today is another week closing. St when pa dont make LC. That's a sign 0649ish will test. Will it bounce or not is my question. {image}
You'll probably laugh when I tell you this: Monday Nov 13th is the first New Moon after the Fall Equinox. I know a couple of Lunar Lunatics that say it's going to be Blue Skies from now to the end of the year. Volitility on the $VIX is getting crushed today. I am still favoring the Long side.
  • #112,957
  • Nov 10, 2023 9:45am Nov 10, 2023 9:45am
Quoting FT.Trader
{quote} You'll probably laugh when I tell you this: Monday Nov 13th is the first New Moon after the Fall Equinox. I know a couple of Lunar Lunatics that say it's going to be Blue Skies from now to the end of the year. Volitility on the $VIX is getting crushed today. I am still favoring the Long side.
I see it either way. But to be long. A close above 0700 is best to me. Below 0649 best for shorts. PA is between
If you right. This 0649+ ish area may be the low.
those who can, do. those who cant, talk about those who can
  • #112,958
  • Nov 10, 2023 9:50am Nov 10, 2023 9:50am
Quoting FT.Trader
{quote} You'll probably laugh when I tell you this: Monday Nov 13th is the first New Moon after the Fall Equinox. I know a couple of Lunar Lunatics that say it's going to be Blue Skies from now to the end of the year. Volitility on the $VIX is getting crushed today. I am still favoring the Long side.
Gold looks like it will hit the 1900 area
those who can, do. those who cant, talk about those who can
  • #112,959
  • Nov 10, 2023 9:55am Nov 10, 2023 9:55am
Quoting gatorinla
Looking at GBP 1.2224 area. It can support or resist. Support probably above 2225. R probably below 2210. Not precise because different brokers. Different numbers. EU 0649 is similar. GBP is below 2224 atm. Eur above 0649. The direction verse usd conflicted. The chf .9250 pa is below it. 15 min till LC. It looks to be lower. I may try to long closer to 0649. i closed for 10 pips
GBP is rising.
The swiss and eur were showing a weaker usd.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB
those who can, do. those who cant, talk about those who can
  • #112,960
  • Nov 10, 2023 10:03am Nov 10, 2023 10:03am
Quoting Ferna
Just to add some table talk: if you look at spy, it is almost exactly +/- 0 from yesterdays faulty move. i guess some suits left the market for a meeting to discuss the bond market. You can see the dollar is soon back to pre NFP levels. The data suggests good economy, the numbers suggests a highly overvalued stock market. A bubble that can slowly sink. The dividends are slowly being cut, hold or re-adjusted. Smaller economies put in temporary bans on shortselling, even due a short position held dont move price. There is no demographic conditions...
I dont know where this info comes from. I would take it with a grain of salt.
those who can, do. those who cant, talk about those who can
63 traders viewing now