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  • #119,141
  • Oct 28, 2024 7:48am Oct 28, 2024 7:48am
Quoting charlienoble
{quote} If Iran chooses to attempt a response it will get VERY interesting quickly.
If that should happens.. And oil still falls.. It's going to get rough for the economy. In the last 55 years a bombing in the ME. From Israel would raise oil. We are not just talking about oil. The Suez etc
We saw what happened to the economy with 1 stuck ship.. Several sunken ones can do the same.
those who can, do. those who cant, talk about those who can
  • #119,142
  • Oct 28, 2024 7:51am Oct 28, 2024 7:51am
Quoting gatorinla
{quote} If that should happens.. And oil still falls.. It's going to get rough for the economy. In the last 55 years a bombing in the ME. From Israel would raise oil. We are not just talking about oil. The Suez etc
OPEC, she ain't what she used to be.
  • #119,143
  • Oct 28, 2024 7:58am Oct 28, 2024 7:58am
Quoting charlienoble
{quote} OPEC, she ain't what she used to be.
Yeah now if Iran would do that.. Opec may be the ones sending money to fight them. In a bad neighborhood with no friends. They would even piss off China. I guess oil would skyrocket if that was to happen.
those who can, do. those who cant, talk about those who can
  • #119,144
  • Oct 28, 2024 8:02am Oct 28, 2024 8:02am
Quoting charlienoble
{quote} OPEC, she ain't what she used to be.
Ukraine has been detoured from putting a drone sinking ships in the oil ports of Russia. They could block shipping.. Taking out storage tanks in those ports can do the job too. Those drones are bad ass. Ukraine can take away Putin's credit card. I suspect they will at some point. Than China/N Korea will have no use for him. His people will bring out the gallows


Israel can stop Iran from pumping if it came to that. The rest of the non opec dont want that.
those who can, do. those who cant, talk about those who can
  • #119,145
  • Oct 28, 2024 8:10am Oct 28, 2024 8:10am
Quoting gatorinla
{quote} Ukraine has been detoured from putting a drone sinking ships in the oil ports of Russia. They could block shipping.. Taking out storage tanks in those ports can do the job too. Those drones are bad ass. Ukraine can take away Putin's credit card. I suspect they will at some point. Than China/N Korea will have no use for him. His people will bring out the gallows Israel can stop Iran from pumping if it came to that. The rest of the non opec dont want that.
Agreed. Iran is fortunate Israel kept to military targets. If Iran responds I think the next targets are their oil and nuclear sites.
  • #119,146
  • Oct 28, 2024 8:13am Oct 28, 2024 8:13am
Quoting charlienoble
{quote} Agreed. Iran is fortunate Israel kept to military targets. If Iran responds I think the next targets are their oil and nuclear sites.
take away Iran's credit card,,, The people will do the rest. No oil.. means no income.. The West is addicted to oil. When they are not.. This changes. Alternatives are expensive.. But cheap if you include the wars fought.
The mentality is.. I dont want to spend 5$ on energy = to a 2.50$ gallon of gas. But I will spend trillions in war. To make that 2.50$ gallon cost 100$ per gallon. Yeah that's a good deal..
those who can, do. those who cant, talk about those who can
  • #119,147
  • Oct 28, 2024 11:24am Oct 28, 2024 11:24am
[quote=gatorinla;15040389]{quote} If this is true, and it it held as support. Adr is about 59. Thats close to 0860.. The week average range about 0882. But 0824 may resist If the current day low held. Adr is about 0872. Pa often runs back to 0798 once+. It hasn't yet.[/quote]
Still 0824 52 72 ish R's .. But NFP week i think 0882.8 will test Area and it may reach closer to 0900.. Futures about 0907.. Futures on its own has some R at 0882 ish. But its been staying about 28 pips above spot. If it starts trending below spot.. That may be a bear
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those who can, do. those who cant, talk about those who can
  • #119,148
  • Oct 28, 2024 11:54pm Oct 28, 2024 11:54pm
light support may be at 0802x/03.. pending long with a 4 pip stop
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those who can, do. those who cant, talk about those who can
  • #119,149
  • Oct 29, 2024 4:48am Oct 29, 2024 4:48am
I think the R may be at 0882.8 area.. It hasn't been there for a while. Before 0883 formed 0820 the ypp is still there.. But 0882.8 may be the place to close below.. There is a 40ish pip space between them.
Bears are still above 0770..unable to take/hold it.. So you see the above stuff..
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those who can, do. those who cant, talk about those who can
  • #119,150
  • Oct 29, 2024 4:59am Oct 29, 2024 4:59am
Quoting gatorinla
light support may be at 0802x/03.. pending long with a 4 pip stop {image}
Missed the entry, canceled
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those who can, do. those who cant, talk about those who can
  • #119,151
  • Oct 29, 2024 11:10am Oct 29, 2024 11:10am
Well, there is 1.3920 for the CAD, wonder if it will go to 1.3820 now and let me buy it.
  • #119,152
  • Oct 29, 2024 5:35pm Oct 29, 2024 5:35pm
Doing nothing.. I had a pending long at 0763 and it missed.. I thought/think before NFP it will test the 0882.8 area. Later in the week usually. so i had hoped to get a long. Than ride it lower from 088x.. Its a good R area. But one cant be 100% sure. If it holds R or even gets to it. That's my plan atm.
That QS1 at 0770 has held the closes above. So i figured it may seek R. Like a NFP pump dump. The thing being Thursday month end. That may skew it
those who can, do. those who cant, talk about those who can
  • #119,153
  • Oct 30, 2024 3:16am Oct 30, 2024 3:16am
Quoting gatorinla
Doing nothing.. I had a pending long at 0763 and it missed.. I thought/think before NFP it will test the 0882.8 area. Later in the week usually. so i had hoped to get a long. Than ride it lower from 088x.. Its a good R area. But one cant be 100% sure. If it holds R or even gets to it. That's my plan atm. That QS1 at 0770 has held the closes above. So i figured it may seek R. Like a NFP pump dump. The thing being Thursday month end. That may skew it
It looks to have broke free of 0824.. Still has a lot of stuff before 0882.8 area would test..0861 has a 4h trend
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those who can, do. those who cant, talk about those who can
  • #119,154
  • Oct 30, 2024 3:40am Oct 30, 2024 3:40am
Lite support may form 0834.. +0823. I'm just speculating a Pump ADP, and NFP.. Since tomorrow is the month end. Thursday or today may top it. I have hope the R at 0882.8ish is all it wants.. There is plenty of stuff below it. I have hope its strong enough to pass that stuff into 0882.. Just a wick is enough for me.. But I cant say if it will hold at 0882.8.. It could be further. See how it acts

0880 would of been that tp on a 0763 long
ADR today at current low is 0866
Week average at current week low *0883.
Q4 PP to 0770 midpoint at *0879
those who can, do. those who cant, talk about those who can
  • #119,155
  • Oct 30, 2024 4:06am Oct 30, 2024 4:06am
I got 0874 as a fair value on my real time data.. I hope it reaches higher 0882/83 ish..
those who can, do. those who cant, talk about those who can
  • #119,156
  • Oct 30, 2024 4:42am Oct 30, 2024 4:42am
Quoting gatorinla
Lite support may form 0834.. +0823. I'm just speculating a Pump ADP, and NFP.. Since tomorrow is the month end. Thursday or today may top it. I have hope the R at 0882.8ish is all it wants.. There is plenty of stuff below it. I have hope its strong enough to pass that stuff into 0882.. Just a wick is enough for me.. But I cant say if it will hold at 0882.8.. It could be further. See how it acts 0880 would of been that tp on a 0763 long ADR today at current low is 0866 Week average at current week low *0883. Q4 PP to 0770 midpoint at *0879
It came close to 0861 that spike.. See if the lite s at 0834 holds
those who can, do. those who cant, talk about those who can
  • #119,157
  • Oct 30, 2024 4:50am Oct 30, 2024 4:50am
I think there is lite support here see chart
0861 82 is the R.. Stronger at 0882.8
0882 is above adr.. 0883 is right about the week average 88
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those who can, do. those who cant, talk about those who can
  • #119,158
  • Oct 30, 2024 7:38am Oct 30, 2024 7:38am
Looks like USD/CAD is going to take that top without any meaningful retrace. May be close to the big short.
  • #119,159
  • Oct 30, 2024 9:14am Oct 30, 2024 9:14am
Quoting gatorinla
I think there is lite support here see chart 0861 82 is the R.. Stronger at 0882.8 0882 is above adr.. 0883 is right about the week average 88 {image}
It was light support. Not strong enough for that good for usd adp news. Still waiting to see the pump before NFP
those who can, do. those who cant, talk about those who can
  • #119,160
  • Oct 30, 2024 9:17am Oct 30, 2024 9:17am
Quoting charlienoble
Looks like USD/CAD is going to take that top without any meaningful retrace. May be close to the big short.
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those who can, do. those who cant, talk about those who can
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