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  • #118,721
  • Aug 14, 2024 7:54am Aug 14, 2024 7:54am
I think a 1h close below 6636 and 6623 is good for shorts. Above 6645 bad for shorts, into those average ranges.
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  • #118,722
  • Aug 14, 2024 8:16am Aug 14, 2024 8:16am
Quoting gatorinla
I think a 1h close below 6636 and 6623 is good for shorts. Above 6645 bad for shorts, into those average ranges. {image}
It did close below 6636 43, but above 6623. To drop. 6623 is in the way. It has to be broken and closed below sustained. The 1h close shows it may run into both edges of the H and L on that 1h candle. A broken rudder. I will be trading indexes shortly. Both AN and EA are near those points I started with. If scared you can get out with a few coins here. Or play it out.
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  • #118,723
  • Aug 15, 2024 8:10am Aug 15, 2024 8:10am
ea 1.6566 and eg .8543 may support.. It may be worth watching for a rejection and if they support.
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  • #118,724
  • Aug 15, 2024 8:20am Aug 15, 2024 8:20am
Quoting gatorinla
ea 1.6566 and eg .8543 may support.. It may be worth watching for a rejection and if they support. {image}
1 min. I need to put this on a better broker to get the best info.. give me a few.
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  • #118,725
  • Aug 15, 2024 8:46am Aug 15, 2024 8:46am
Quoting gatorinla
{quote} 1 min. I need to put this on a better broker to get the best info.. give me a few. {image}
These are the best I can get. If they work or not is another story.
Neither atm has reached that point. With the spread it may be slightly higher to trigger a entry.
No guarantees it will bounce..
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  • #118,726
  • Aug 15, 2024 11:22am Aug 15, 2024 11:22am
Both have dropped about 6 pips below. It's not looking good for support. Its not looking like they will recover. So this same place may resist unless they recover.
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  • #118,727
  • Aug 15, 2024 11:31am Aug 15, 2024 11:31am
Quoting gatorinla
Both have dropped about 6 pips below. It's not looking good for support. Its not looking like they will recover. So this same place may resist unless they recover. {image}
The gbp is testing adr. If it runs the eg looks to drop. But since the gu is at adr.. It may not allow eg to fall. Its that close to the edge.
At the same moment eu is close to testing a R
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  • #118,728
  • Aug 15, 2024 12:24pm Aug 15, 2024 12:24pm
Quoting gatorinla
{quote} The gbp is testing adr. If it runs the eg looks to drop. But since the gu is at adr.. It may not allow eg to fall. Its that close to the edge. At the same moment eu is close to testing a R {image} {image}
I'm not having much luck justifying the eg long when under .8642.x short term. I had it more as a swing. Atm its less than 6 pips below. If scared I would close it.. It can be picked up later on closes above.
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  • #118,729
  • Aug 15, 2024 12:35pm Aug 15, 2024 12:35pm
Quoting gatorinla
{quote} I'm not having much luck justifying the eg long when under .8642.x short term. I had it more as a swing. Atm its less than 6 pips below. If scared I would close it.. It can be picked up later on closes above. {image}
In case eg makes a long candle close above .8543+, it may run back before up. Its below atm. So 8542ish is R until.
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  • #118,730
  • Aug 15, 2024 12:38pm Aug 15, 2024 12:38pm
EU gu wise dont seem so bullish under yesterday's highs. The gu managed to beat yesterday by a few pips. If it closes today below 2857. It may act as R. That may keep the high intact. A possible DT may form. Depending on 2857

Quoting gatorinla
EU gu wise dont seem so bullish under yesterday's highs. The gu managed to beat yesterday by a few pips. If it closes today below 2857. It may act as R. That may keep the high intact. A possible DT may form. Depending on 2857
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  • #118,731
  • Edited 2:13pm Aug 15, 2024 1:55pm | Edited 2:13pm
Quoting gatorinla
EU gu wise dont seem so bullish under yesterday's highs. The gu managed to beat yesterday by a few pips. If it closes today below 2857. It may act as R. That may keep the high intact. A possible DT may form. Depending on 2857 {quote} {image}
The gbp is a little tougher than pa lead me to believe it would be. Here and the eg short. It may settle back, but it dont have too. I'm just trading probabilities. It suggested the eu and gu would be weak at those levels. The gbp weaker than the eu. It can be wrong. The aud weaker than the euro gbp and usd. The nzd weaker than those.
The cad and chf very weak
USD may be strongest against the cad or chf
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  • #118,732
  • Aug 15, 2024 3:07pm Aug 15, 2024 3:07pm
The gbp dont appear to be giving up versus the euro. It's the last h before the day closes. Lets see what happens. It hasn't run far below .8542 atm
If its going to close above 8542.x now would be a good time to make a move.
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  • #118,733
  • Aug 16, 2024 8:45am Aug 16, 2024 8:45am
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  • #118,734
  • Aug 16, 2024 11:09am Aug 16, 2024 11:09am
Quoting gatorinla
The gbp dont appear to be giving up versus the euro. It's the last h before the day closes. Lets see what happens. It hasn't run far below .8542 atm If its going to close above 8542.x now would be a good time to make a move. {image}
My eg was stopped negative. EA stopped + a little.
I had a pending us30 entry missed.. Close but no cigar. My tp target looks to be reached..


A few weeks ago AC broke below .9117. It may be R if it makes it.. Average week range is about .9114. The atm high is .9111.. It may be worth a glance to check out.
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  • #118,735
  • Aug 16, 2024 11:19am Aug 16, 2024 11:19am
Quoting gatorinla
I have the day aud/cad as bearish. On the month it may be being rejected atm. The week is bullish. The month bearish. Its already below .91172 in what looks like a reject. But the week is bullish. If it breaks below 0.90644. With a week close it looks like it will be in a long term drop trend. Month chart {image}
3 weeks ago post. Its close to retesting 9117. If it holds.. 9064ish is a good first fade. Its back above 9060 now. To be bullish it needs to take 9117. If not, back to 9064.
A day close above 9117 and probably 9151 looks to be bullish.
The month average range is about .9120
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  • #118,736
  • Aug 16, 2024 11:32am Aug 16, 2024 11:32am
Quoting gatorinla
{quote} 3 weeks ago post. Its close to retesting 9117. If it holds.. 9064ish is a good first fade. Its back above 9060 now. To be bullish it needs to take 9117. If not, back to 9064. A day close above 9117 and probably 9151 looks to be bullish. The month average range is about .9120
In this area anytime now .9115/35/51.. It would be the time to look for some weakness. The atm high at .9116. i gotta run. The last time it hit. and stalled at .885xx.. There is a tl down there now tested. If it holds, the R/R should be set for reward 9064 and somewhere above the tl to fade. Trade voids closing a day above 9136
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  • #118,737
  • Aug 16, 2024 1:43pm Aug 16, 2024 1:43pm
Quoting gatorinla
{quote} My eg was stopped negative. EA stopped + a little. I had a pending us30 entry missed.. Close but no cigar. My tp target looks to be reached.. A few weeks ago AC broke below .9117. It may be R if it makes it.. Average week range is about .9114. The atm high is .9111.. It may be worth a glance to check out. {image}
and then some.. sucks..
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  • #118,738
  • Aug 16, 2024 6:58pm Aug 16, 2024 6:58pm
Quoting gatorinla
{quote} In this area anytime now .9115/35/51.. It would be the time to look for some weakness. The atm high at .9116. i gotta run. The last time it hit. and stalled at .885xx.. There is a tl down there now tested. If it holds, the R/R should be set for reward 9064 and somewhere above the tl to fade. Trade voids closing a day above 9136
I think it held so far. I got one bear trend that ends with a close above 9135. Another with a close above 9230. The close was 9120.
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  • #118,739
  • Aug 18, 2024 4:40am Aug 18, 2024 4:40am
Using the 20 as the average quarter candle. Pa may end up testing 1.13ish if it should continue North. My quarter indi is bullish. It has tested last years close (last week). It needs to break that close to allow more North. It can develop R there. 1037ish. If its unable to break 1.1037 the 2023 close. That same average quarter can run lower from the quarter high. 623 pips. It would just be an average length move either way. On a 6 month candle 858 is average. Year wise about 1700 pips is average. The current year high to low is only 446 atm. That leaves a chance for 1250ish more pips using a average year. So wherever this thing runs. It has an average chance to be 1250 pips higher, or lower than it is now. You just have to pick the right direction.
If the low is in year wise. 1.23 is average.
If the high is in. 0.9345 is average. PA atm is very close to where the year started 1.1037. The Fed looks set to cut rates. That is usually bad for the usd. But the U.S economy is well above the rest of the word. Loosening those rates will further accelerate the economy before most of the world. The drop in rates could have the opposite affects on the USD in time. So whenever the eu stops climbing, pa can fulfill all those averages if time allows. I dont know if that will bring a new LL below 0.9553.. But if you add the 1700 average to 0.9553. You end up at 1.1253. To me anytime now. Here or if pa gets above 1037, to about 1253/1350. I will be on the lookout for such a drop. Whether it's the 600 quarter average or the year. It's a lot of "ifs". But if you add a great economy with lower interest. The growth is going to be robust. That robust will bring more foreign investment. That foreign investment is buying stocks in USD. That conversion is usd demand. More energy sold to europe is usd demand.
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  • #118,740
  • Aug 18, 2024 4:56am Aug 18, 2024 4:56am
Quoting gatorinla
But the U.S economy is well above the rest of the word.
i heard the us government spends (debt) 6% equivalent of gdp to gain 3% of gdp growth...
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