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The Swamp

  • #120,881
  • Feb 2, 2025 6:06pm Feb 2, 2025 6:06pm
Quoting gatorinla
{quote} Also if so, without knowing what's missing in those 3 minutes. It was near but above 0343. It has a low at 350. Some may have 350 as a hard deck. I see why that may be in some plans. That being true would help pa to make +377 and the 396 attraction. On open it may gap or not, the first hour will have a wider spread. 343/50 is at least 46 pips from 396. The spread could take away that advantage. A possible long to 396. If one has 350 as a hard deck, and bullish biased. That may be your shot. Personally I may be wrong on the opportunity...
I suspect the missing 3 minutes closed under 0343.
those who can, do. those who cant, talk about those who can
  • #120,882
  • Feb 2, 2025 6:24pm Feb 2, 2025 6:24pm
40% of food in the U.S. comes from Mexico and Canada. That's a 25% raise on 40% of food we eat. These are our trading partners who grandpa made the original trade agreement with. Yet China is charged 10%.. I guess Musk didnt want China to pay so much. Since he has a car company there.

How does this affect the usd? Inflation, makes the usd stronger. Dropping rates are less likely. Kids stay with their parents longer. Less usd to purchase stuff. It equals a recession coming.
those who can, do. those who cant, talk about those who can
  • #120,883
  • Feb 2, 2025 6:36pm Feb 2, 2025 6:36pm
Quoting LoneTrader1
{quote} Gap up and Gap filled. Now what?... {image}
What are the chances of it going to 84.85 ?...
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  • #120,884
  • Edited 8:47pm Feb 2, 2025 8:37pm | Edited 8:47pm
Quoting gatorinla
{quote} If this drill drill drill comes. Oil will hit 44.35 again. Target could be 32.94 You read it here first. The same guy who said oil would fall to 13$ a few years back. First 50.13 would likely recover some.. Later others Unable to know if 79.35 will be reached first. The week missed a key foothold on the close. That's a slip to me.
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79.35 was reached now.
Quoting LoneTrader1
{quote} What are the chances of it going to 84.85 ?... {image}
those who can, do. those who cant, talk about those who can
  • #120,885
  • Feb 2, 2025 9:00pm Feb 2, 2025 9:00pm
It's hard to believe oil would fall. I'm just using the charts as a guide. The Cushing Ok stockpile is down (that's more bullish). When oil is falling the stockpile is usually high. The stockpile is on the lower end. Before the call for OPEC to pump more, before the ghost ship sanctions. I saw a chance to fall to 50 and more.. Timing wise can be many months. So in that time Cushing may fill the storage. Things may change. A recession can do that. The CAD dollar may get hit from oil price, and the tariffs. A double negative may be coming for the CAD. It may be worth stalking it at supports to buy.
those who can, do. those who cant, talk about those who can
  • #120,886
  • Feb 2, 2025 9:10pm Feb 2, 2025 9:10pm
Quoting gatorinla
It's hard to believe oil would fall. I'm just using the charts as a guide. The Cushing Ok stockpile is down (that's more bullish). When oil is falling the stockpile is usually high. The stockpile is on the lower end. Before the call for OPEC to pump more, before the ghost ship sanctions. I saw a chance to fall to 50 and more.. Timing wise can be many months. So in that time Cushing may fill the storage. Things may change. A recession can do that. The CAD dollar may get hit from oil price, and the tariffs. A double negative may be coming for the...
The Usd/Cad has broken a 5 year high double top. I would imagine a lot of shorts, and stops were burned there in that gap.
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those who can, do. those who cant, talk about those who can
  • #120,887
  • Feb 2, 2025 9:15pm Feb 2, 2025 9:15pm
Quoting gatorinla
{quote} The Usd/Cad has broken a 5 year high double top. I would imagine a lot of shorts, and stops were burned there in that gap. {image}
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those who can, do. those who cant, talk about those who can
  • #120,888
  • Feb 2, 2025 9:28pm Feb 2, 2025 9:28pm
700 pips underwater. It's beyond me.
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those who can, do. those who cant, talk about those who can
  • #120,889
  • Feb 3, 2025 8:01am Feb 3, 2025 8:01am
Quoting gatorinla
{quote} The Usd/Cad has broken a 5 year high double top. I would imagine a lot of shorts, and stops were burned there in that gap. {image}
The hard, cold reality of trading is that every trade has an uncertain outcome. "Mark Douglas"
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  • #120,890
  • Feb 3, 2025 8:14am Feb 3, 2025 8:14am
Quoting LoneTrader1
{quote} The hard, cold reality of trading is that every trade has an uncertain outcome. "Mark Douglas" {image}
One of : The 5 Fundamental Truths of Trading:
1. Anything can happen.
Mark Douglas
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  • #120,891
  • Feb 3, 2025 8:42am Feb 3, 2025 8:42am
Quoting LoneTrader1
{quote} The hard, cold reality of trading is that every trade has an uncertain outcome. "Mark Douglas" {image}
That's a reason to stalk a support
those who can, do. those who cant, talk about those who can
  • #120,892
  • Feb 3, 2025 9:08am Feb 3, 2025 9:08am
The trading problem being. At any moment a tweet can say. "problem solved, nothing to see here".
those who can, do. those who cant, talk about those who can
  • #120,893
  • Feb 3, 2025 9:46am Feb 3, 2025 9:46am
Quoting gatorinla
The trading problem being. At any moment a tweet can say. "problem solved, nothing to see here".
Mexico reached a deal, to pause for a month. This POS screws up trading.
those who can, do. those who cant, talk about those who can
  • #120,894
  • Feb 3, 2025 5:53pm Feb 3, 2025 5:53pm
Quoting gatorinla
It's hard to believe oil would fall. I'm just using the charts as a guide. The Cushing Ok stockpile is down (that's more bullish). When oil is falling the stockpile is usually high. The stockpile is on the lower end. Before the call for OPEC to pump more, before the ghost ship sanctions. I saw a chance to fall to 50 and more.. Timing wise can be many months. So in that time Cushing may fill the storage. Things may change. A recession can do that. The CAD dollar may get hit from oil price, and the tariffs. A double negative may be coming for the...
I wanted to long cad 1.437x.. It never made it that low. The eu did make 343/50.
those who can, do. those who cant, talk about those who can
  • #120,895
  • Feb 3, 2025 7:04pm Feb 3, 2025 7:04pm
Quoting gatorinla
{quote} Gold 2836 area may encounter some R. It may have trouble getting above 283x..Maybe back to 2764, or 2650ish Q pp.......................... Gold first quarter, mid year, and year 2025 PP {image} {image} {image}
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those who can, do. those who cant, talk about those who can
  • #120,896
  • Feb 3, 2025 11:17pm Feb 3, 2025 11:17pm
I may try a eu long 0245/46 area. tp 0315.
0222 area is my second choice.
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those who can, do. those who cant, talk about those who can
  • #120,897
  • Feb 4, 2025 6:50am Feb 4, 2025 6:50am
Quoting gatorinla
I may try a eu long 0245/46 area. tp 0315. 0222 area is my second choice. {image} {image}
After lc the target would change. It did not continue to fall. There is a little support under 315 at 312. I thought is would be bearish below 343/50. Maybe overshoot to 377. That 343/50 area may develop into a stronger R..
those who can, do. those who cant, talk about those who can
  • #120,898
  • Feb 4, 2025 7:00am Feb 4, 2025 7:00am
Quoting gatorinla
{quote} I wanted to long cad 1.437x.. It never made it that low. The eu did make 343/50.
I like it, could be a 200 Pips trade.
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  • #120,899
  • Feb 4, 2025 7:41am Feb 4, 2025 7:41am
Quoting gatorinla
{quote} On the week the bulls missed 75.92..I think it can retrace to 70.88. Below it and more retrace. Despite whats said. ATM the U. The U.S. is producing more oil than ever before. No shortages like in the past. Opec is less influence. There was some sanctions put on the ghost ships delivering Russian oil. That loophole closing may have caused this latest bump. But on the week it missed the close. {image} {image} {image}
Oil may be skating on a banana peel. The stockpile is down and its dropping. That's not a good sign for the economy outlook. On a positive note. A drop would dry up Putin's funding.
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those who can, do. those who cant, talk about those who can
  • #120,900
  • Feb 4, 2025 8:06am Feb 4, 2025 8:06am
Quoting gatorinla
{quote} Oil may be skating on a banana peel. The stockpile is down and its dropping. That's not a good sign for the economy outlook. On a positive note. A drop would dry up Putin's funding. {image} {image}
The 6 mth has some topping qualities. Some supports can catch. It's still 1$ above 70.21. Its in a place it may slip. The stockpiles are on the lower end. That favors a rise. But even if low, if the stock piles grow, while price dropping. That's not so good for stable price. That indicative of a fall in price.
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those who can, do. those who cant, talk about those who can
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