The Swamp

A day close below 0942 (bear side) achieved. Below 0935 would be better. So far bulls seem to be asleep. I left a pending S at 1041. It's not looking like it will reach soon, if at all. 1.0894 12h dynamic support may be in reach. This current area 0942 ish may be R at some point. 0993 can resist too.

I dont think it will get that cold more than a few hours. What is spoke of about global warming is deceptive. To most people's' understanding. A lot view it as a warming affect everywhere. That is not necessarily true shorter term. A change in climate can force some warm areas to cool. The Gulf stream pattern can change distance during global warming. Not the direction per say. It has brought the stream closer to land. So storms can develop much stronger just before hitting land. Fed by the "closer to land" gulf stream. 90% of the Gulf coast oils comes through Port Fourchon Louisiana. From there to pipelines all over the U.S. That's about 15% of U.S. oil. The SPR is also in salt mines around the Gulf coast. The warmer water maker larger, more powerful storms. The Gulf stream bring warm water up the East coast to Canada to Europe. What could possibly go wrong? Well Nor'easters' can rival a hurricane. So hurricanes season can be year round for the Northeast. In your neck of the world. Ice sheet glaciers slipping. Forming some nice waves. The warmer gulf stream may end up closer and warmer to England. Hell they may end up with some hurricanes South of England. Maybe France, Spain and Portugal.
Example only. Gulf stream about 50 miles, or less from the shore. The gulf stream moves closer to land .3 miles per year. The closer it gets, the greater the chance for larger, more intense, longer duration storms. A polar vortex, hitting a warmer, closer gulf stream. Can create a tough sequence of perfect events. Timed just right in the right place, could have a crippling effect.

Those nice prestien Florida white beaches full of algae/fish kills.

sl @ be + a couple

eurusd with larry williams willtrend
looks like the euro is finding some support
no position in euro...watching
short silver
long wti

its slow but im wanting xx992
Trailing the stop

S/O

0888 next i think? or is there something above that?

I have 0844 then 0795 as next big S gator will have more . He is much better with the whole scenarios.

Should of shorted it this morning when that tiny long was SO . still have 104 options exp march though

yeah i saw it going up.. but was late night here.. brain not functioning. Hell it could have gone further for all i know.
i was safe, locked in.. now i am in profit.

I proably could made more profits if i didnt hedge.. but im climbing. Eventually we will have a bounce, so i’m thinking to go long still.

Possible short on bounce, 0939/42 area may resist. The 8h dynamic bull trend support is broken now. The next is a 12h at 0894. The next 12h close won't occur until the day closes. Today a close below 0894 is likely more a bear signal. However it may bounce back closer to 0939/42. A day close below 0939 can also be bearish. That may lead to a drop to retext 0894 again. For early Europe in about -22 hs from now. If it can not tale 0894 this first time. At any time before 0939/42 may have a shot at a R test. PA is bearish to me. In these bulls failures. But pa is also above the day 200, and atm the 12h trend. Those can screw shorts. The better trend down will close the like time frame below 0939 and 0894.
The day dynamic is also bullish at 0741. Its below the 200 day. So a close below the 200 day without a close below 0741 may be a fake breakout. Its best to let both happen for a stronger drop.

The stronger potential bounce response is like closer to 0741/0787. But also anytime now 0939/42 is subject to testing. Pa is still above this large area. Bulls get stronger near 0787/41. PA may spit bears out here many times before giving up. Bulls may have a simulia problem at 1041 or maybe 0939/42 at some point.
As time goes on the 200 ma may rise. But be sure not to trust a day close 0741+ is your short. Even if the 200 day is breached and closed below.

The Quarter POC is still 0993. backed by 1041. 1041 is not of stone. Price can rise above. The close side matters. The same with 0939... 0939 been less strong. A range may setup 0741/87-0939/1041 ish. ATM the .xx41 area looks to be relevant on a 300 pip possible range. The recent high at 114xish is also a xx41ish number. Opposite is .0641ish. Lets see how this ends up with the .xx41 levels

im thinking cause they started with news again, might see some action. We are close to where we were

Probably. I have nothing Eur USD open now . working rest of the day.

On the smaller time frame. that 12h at 0894 to 0939/42 area may have a smaller range. The Day Poc at 0913.. LC at 0943

1h 10 min away

gm bears
no position just watching for now
i think there could be another 100 pips of downside
silver getting hammered this am...made a little $$$ on a short

It looks like its going to fall before news release.. If it returns to LC 0943 or 0939. It may find some light R there. Most often it would take a few attempts to take that 12h at 0894. Some recoil may place it back to 0939 after 0894 atempt.

It looks like its going to fall before news release.. If it returns to LC 0943 or 0939. It may find some light R there. Most often it would take a few attempts to take that 12h at 0894. Some recoil may place it back to 0939 after the 0894 attempt.
It often runs back to 0943ish in the next 1.5hs. That gives 1h after news release to recoil, if it drops first. If it dont drop, 0939/43 may come. If it holds as a R or not. I watch like you.

Gold dropped 30+$ today. 1 ADR