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  • #114,301
  • Jan 9, 2024 4:18pm Jan 9, 2024 4:18pm
Quoting gatorinla
A 1h close below 0909 may break that dynamic support. A 4h close below is better. But still the 12h dynamic at 0894 + others on that chart 0939.9 can start to act like tougher R. Watching.. Closing today below 0939.9 is most often bearish. bearish into all that dynamic supports of those 200s
I got the close I wanted. 12hs from now, a close below 0894 would help. All those 200 ema's are against me. If this week's high would hold. 1 week average range can bring 0816. The 200 sma at 0845ish. If it does close below all those 200 ema's. It will still need a close below 0741. Maybe for next week. The week range is above the 200 ema. So this can bounce until a day closes below 0741. I mentioned a dynamic near 0700 last. Blowing past a week range this week is probably too much. But if it closes a day below 0741, and reaches 070x.. It opens a door. At some point it may bounce, and retest the day 200 from below. A lot of if's and buts.
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those who can, do. those who cant, talk about those who can
  • #114,302
  • Jan 9, 2024 4:49pm Jan 9, 2024 4:49pm
Quoting axecap
{quote} https://www.themanufacturer.com/arti...n-2023-survey/ This is about the UK in early 2023, but true for all major manufacturing/industrial markets and getting worse "According to the survey, almost three quarters of companies (70%) expect their energy costs to increase this year, with two thirds saying they still expect to take actions such as reducing production or cutting jobs despite the Government energy support package. In addition, 60% of companies are increasingly...
https://www.caixabankresearch.com/en...-which-sectors
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those who can, do. those who cant, talk about those who can
  • #114,303
  • Jan 9, 2024 8:11pm Jan 9, 2024 8:11pm
Looks like settimg up for a short for the day, it needs to go lower sooner or later, so im fishing with limit orders
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  • #114,304
  • Jan 10, 2024 12:37am Jan 10, 2024 12:37am
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I know the E U is a large part of the dollar basket but for me until the dollar can close a day above this 0224 area I cant short EU. News tomorrow....
  • #114,305
  • Jan 10, 2024 12:50am Jan 10, 2024 12:50am
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I want to short it from 1015 or 1042 . .. To give 0795
  • #114,306
  • Jan 10, 2024 2:14am Jan 10, 2024 2:14am
Quoting gatorinla
{quote} I got the close I wanted. 12hs from now, a close below 0894 would help. All those 200 ema's are against me. If this week's high would hold. 1 week average range can bring 0816. The 200 sma at 0845ish. If it does close below all those 200 ema's. It will still need a close below 0741. Maybe for next week. The week range is above the 200 ema. So this can bounce until a day closes below 0741. I mentioned a dynamic near 0700 last. Blowing past a week range this week is probably too much. But if it closes a day below 0741, and reaches 070x.. It...
its been 10hs. 0894 looks like a bridge too far atm. With less than 2hs, -0930 is a little. Thursday or Friday has some news. I would like to see today close about 0929 or less. But -0894 its always better. A baby step is the next 12h to be 0929 or less.
those who can, do. those who cant, talk about those who can
  • #114,307
  • Jan 10, 2024 2:27am Jan 10, 2024 2:27am
Quoting gatorinla
{quote} its been 10hs. 0894 looks like a bridge too far atm. With less than 2hs, -0930 is a little. Thursday or Friday has some news. I would like to see today close about 0929 or less. But -0894 its always better. A baby step is the next 12h to be 0929 or less.
Things are squeezing into that support area. Bears have a tight grip on jello. The year, mid year, quarter, month, and week closed on the bear side of 1041. So as long as pa is not giving any signs to bounce. I will use that. Shorter term 0939.9. The yesterday closed below it. But its still not below those 200s. It can pop up at any time there. But the bears are still pushing. A long using the 200 area of support is not reckless. I personally think that close below 1041 was a big deal. I may be wrong.

It may take that news later this week to break the stalemate.
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those who can, do. those who cant, talk about those who can
  • #114,308
  • Jan 10, 2024 3:25am Jan 10, 2024 3:25am
in long
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  • #114,309
  • Jan 10, 2024 3:52am Jan 10, 2024 3:52am
Bitcoin appears to have its Mojo back.
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those who can, do. those who cant, talk about those who can
  • #114,310
  • Jan 10, 2024 3:52am Jan 10, 2024 3:52am
Quoting Ferna
in long
Well lets hope you get 1015
  • #114,311
  • Jan 10, 2024 4:37am Jan 10, 2024 4:37am
With those 200s and the 0894 12h supporting who knows. Pa did close yesterday below 0929.9. The bounce may be limited to 0958/60 area. If pa manages to close below 0930. That may be bears retuning. But if pa is closing above 0940. That may give more rise.
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those who can, do. those who cant, talk about those who can
  • #114,312
  • Jan 10, 2024 4:46am Jan 10, 2024 4:46am
The World bank is predicting the worst 1/2 decade in 30 years.
https://mediarelations.gwu.edu/media...obal%20economy.

To me the economy, with the best outlook is likely the U.S.A. Those higher interest rates will hurt emerging economies. Plus many loans are paid back in USD.
What can one do with this? Maybe short the AUD verse usd
those who can, do. those who cant, talk about those who can
  • #114,313
  • Jan 10, 2024 4:59am Jan 10, 2024 4:59am
possible AUD short accumulation in the blue box.
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those who can, do. those who cant, talk about those who can
  • #114,314
  • Jan 10, 2024 7:32am Jan 10, 2024 7:32am
Quoting gatorinla
The World bank is predicting the worst 1/2 decade in 30 years. https://mediarelations.gwu.edu/media...obal%20economy. To me the economy, with the best outlook is likely the U.S.A. Those higher interest rates will hurt emerging economies. Plus many loans are paid back in USD. What can one do with this? Maybe short the AUD verse usd
good idea
watching
  • #114,315
  • Jan 10, 2024 7:47am Jan 10, 2024 7:47am
Quoting FT.Trader
{quote} good idea watching
Indirectly keeping with the majors currencies . The aud may take a hit. The top individual countries debtors currency may be another. Keep in mind the swap rate may make it not feasible to hold some.
https://www.fdiintelligence.com/cont...-debtors-82044
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those who can, do. those who cant, talk about those who can
  • #114,316
  • Jan 10, 2024 8:04am Jan 10, 2024 8:04am
Quoting gatorinla
{quote} Things are squeezing into that support area. Bears have a tight grip on jello. The year, mid year, quarter, month, and week closed on the bear side of 1041. So as long as pa is not giving any signs to bounce. I will use that. Shorter term 0939.9. The yesterday closed below it. But its still not below those 200s. It can pop up at any time there. But the bears are still pushing. A long using the 200 area of support is not reckless. I personally think that close below 1041 was a big deal. I may be wrong. It may take that...
bulls closed a 4h at 0940. Slightly above 0939.9.
Bears need to slip back below 0930. To me pa is still below 1041, the bear side.
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those who can, do. those who cant, talk about those who can
  • #114,317
  • Jan 10, 2024 8:14am Jan 10, 2024 8:14am
0917 may come in less than 2hs
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those who can, do. those who cant, talk about those who can
  • #114,318
  • Jan 10, 2024 8:18am Jan 10, 2024 8:18am
Quoting gatorinla
0917 may come in less than 2hs {image}
The 6h closes in 1h 45 min. It has a chance to close below 0930. If 0917 attracts.
If it was to continue. 1 adr is 0880/81
If the week high is in. 1 wk average range is 160 pips. 0818
month average 0600
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those who can, do. those who cant, talk about those who can
  • #114,319
  • Jan 10, 2024 8:34am Jan 10, 2024 8:34am
USDCAD Probably going higher above 3415 ???
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  • #114,320
  • Jan 10, 2024 8:44am Jan 10, 2024 8:44am
Quoting LoneTrader1
USDCAD Probably going higher above 3415 ??? {image}
not today i think, but i’m not a long-term trader(position trader).
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