The Swamp | Page 6046 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #120,901
  • Feb 4, 2025 8:45am Feb 4, 2025 8:45am
1 yr of dropping stockpile. With 1 year of a flat price. More oil is being produced than ever before in the period. That kept prices stable as storage dropped. Now the price is on the lower end. Despite a reduction in storage. A drop in demand usually causes a drop in price. The price has been dropping despite record cold. That can be the canary in the coal mine. If inventories do start rising. That's 2 canaries. You can't say price dropped due to a oversupply. It has to be something else. It's not a good sign for price to rise. It's just hard to gamble against dropping storage. There is probably a recession coming.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 26 KB
Click to Enlarge Name: screenshot.png Size: 13 KB
those who can, do. those who cant, talk about those who can
  • #120,902
  • Feb 4, 2025 10:11am Feb 4, 2025 10:11am
EU crossed the day and week average.
It may settle down.
Or lets say its above average atm.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 6 KB
those who can, do. those who cant, talk about those who can
  • #120,903
  • Feb 4, 2025 10:21am Feb 4, 2025 10:21am
If an average week holds, an average day can be 89 pips. It may run back to .029xx. Week high -1 adr. Is within an average.
those who can, do. those who cant, talk about those who can
  • #120,904
  • Feb 4, 2025 10:32am Feb 4, 2025 10:32am
This temple has the week range. It has a 10% above average week range stop-loss setting. Using this formula without and other indis or fundi help. Just the week average with 10% risk. Has 1 adr at 5X. I'm not saying to take the trade. But if you use a template it may help see things with more prospective. One can just adjust to their style.
If it did run close to a day average lower now. It may be a buy to tp 380. That would give two pushes to this area. If it was unable to break. It would have a interweek dt.
It could just blow North. Averages work when they do. They dont when they dont. If you have something to use. If they are in agreement, it may give a better chance.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB
those who can, do. those who cant, talk about those who can
  • #120,905
  • Feb 4, 2025 10:43am Feb 4, 2025 10:43am
Quoting gatorinla
This temple has the week range. It has a 10% above average week range stop-loss setting. Using this formula without and other indis or fundi help. Just the week average with 10% risk. Has 1 adr at 5X. I'm not saying to take the trade. But if you use a template it may help see things with more prospective. One can just adjust to their style. If it did run close to a day average lower now. It may be a buy to tp 380. That would give two pushes to this area. If it was unable to break. It would have a interweek dt. It could just blow North. Averages...
A template may help calculate the risk to a reasonable/realistic place.
those who can, do. those who cant, talk about those who can
  • #120,906
  • Feb 4, 2025 10:57am Feb 4, 2025 10:57am
I had/have a pending GU short .. I see it has pullback some and missed me atm.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: < 1 KB
those who can, do. those who cant, talk about those who can
  • #120,907
  • Feb 4, 2025 11:25am Feb 4, 2025 11:25am
Quoting gatorinla
This template has the week range. It has a 10% above average week range stop-loss setting. Using this formula without and other indis or fundi help. Just the week average with 10% risk. Has 1 adr at 5X. I'm not saying to take the trade. But if you use a template it may help see things with more prospective. One can just adjust to their style. If it did run close to a day average lower now. It may be a buy to tp 380. That would give two pushes to this area. If it was unable to break. It would have a interweek dt. It could just...
I type on the fly between trading.. Expect typos
those who can, do. those who cant, talk about those who can
  • #120,908
  • Feb 4, 2025 12:52pm Feb 4, 2025 12:52pm
Quoting gatorinla
1 yr of dropping stockpile. With 1 year of a flat price. More oil is being produced than ever before in the period. That kept prices stable as storage dropped. Now the price is on the lower end. Despite a reduction in storage. A drop in demand usually causes a drop in price. The price has been dropping despite record cold. That can be the canary in the coal mine. If inventories do start rising. That's 2 canaries. You can't say price dropped due to a oversupply. It has to be something else. It's not a good sign for price to rise. It's just hard to...
Support looks to be supporting.
WTI Oil
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 6 KB
those who can, do. those who cant, talk about those who can
  • #120,909
  • Feb 4, 2025 7:54pm Feb 4, 2025 7:54pm
Quoting gatorinla
If an average week holds, an average day can be 89 pips. It may run back to .029xx. Week high -1 adr. Is within an average.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB
those who can, do. those who cant, talk about those who can
  • #120,910
  • Feb 4, 2025 8:08pm Feb 4, 2025 8:08pm
Those b/o lower levels (magenta) may be a chance to buy support to tp the aqua line
EU and AUd..
But if the week range has made the week high, the adr line would fit.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 8 KB
those who can, do. those who cant, talk about those who can
  • #120,911
  • Feb 4, 2025 10:14pm Feb 4, 2025 10:14pm
I would imagine the seeds were planted today. For millions of new anti American well wishes. I want to apologize for grandpa. He is just a neuron challenged nut. Just a gaslight for the other stupid shit he does and says.
Now the neuron challenged goes after education. You can't make this shit up.
those who can, do. those who cant, talk about those who can
  • #120,912
  • Feb 5, 2025 12:43am Feb 5, 2025 12:43am
So Stinky wants to own Gaza, where his son-in-law wants to develop waterfront condos. US military "welcomed as liberators, I'm sure."

And he also wants to shut down the CIA. FFS, US will just be blind.

What a total shitshow.

Futures already down, but there will be organized marches on state capitals tomorrow. Might be some agitators looking to stir up shit. Market may get spooky.
Follow the money --Mark Felt (Deepthroat)
  • #120,913
  • Feb 5, 2025 4:52am Feb 5, 2025 4:52am
Quoting longfellow
So Stinky wants to own Gaza, where his son-in-law wants to develop waterfront condos. US military "welcomed as liberators, I'm sure." And he also wants to shut down the CIA. FFS, US will just be blind. What a total shitshow. Futures already down, but there will be organized marches on state capitals tomorrow. Might be some agitators looking to stir up shit. Market may get spooky.
You see what the world thinks about imperialism reflected on the usd today. General Bone Spurs wants our young sons to protect Jarred's new resort on the sea. Grandpa is the father of millions of new indoctrinated people who dont like us. Grandpa wants a new "Trail of Tears". I dont see so many cheerleaders as before. Many are having buyers remorse. Congress needs to take the keys from crazy grandpa. Wait till they ask them to send their own son to protect Jared's new casino. 2 million pissed off people with nothing to lose. Add the new Osama bin Laden's he just made. I knew who he was. I just didnt know who half the country was. When the news broke about Madhof many defended him too. At least until they found out the statements were bullshit. People love to be conned.

Yeah he offered them a buyout. The guys preventing terrorist attacks on us. The CIA and FBI are working on cases now. Lets fire them all.. It's already hard to keep planes in the sky. Since Musk forced the head out.. 4 plane incidents have occured.
those who can, do. those who cant, talk about those who can
  • #120,914
  • Feb 5, 2025 5:00am Feb 5, 2025 5:00am
DXY Gap filled. Not sure if it wants to go lower to 107 level or more but the gap is filled properly now.
  • #120,915
  • Feb 5, 2025 5:04am Feb 5, 2025 5:04am
Quoting LoneTrader1
{quote} I like it, could be a 200 Pips trade. {image}
USCAD near previous range low
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADDaily.png Size: 13 KB
  • #120,916
  • Edited 5:30am Feb 5, 2025 5:05am | Edited 5:30am
Quoting longfellow
So Stinky wants to own Gaza, where his son-in-law wants to develop waterfront condos. US military "welcomed as liberators, I'm sure." And he also wants to shut down the CIA. FFS, US will just be blind. What a total shitshow. Futures already down, but there will be organized marches on state capitals tomorrow. Might be some agitators looking to stir up shit. Market may get spooky.
The opening of the reservoir that flooded farmland. That already had too much water was anti-genius. "We only have the smartest people". The world must think we are fucking idiots. I can't disagree with them. Now those farmers who will need that water in the summer, will not have it. All for a "I opened the valve " tweet.

You will not see the water went to another valley, that already had too much water. It's like the Sharpie hurricane that wiped out Alabama
those who can, do. those who cant, talk about those who can
  • #120,917
  • Feb 5, 2025 5:56am Feb 5, 2025 5:56am
Quoting gatorinla
Those b/o lower levels (magenta) may be a chance to buy support to tp the aqua line EU and AUd.. But if the week range has made the week high, the adr line would fit. {image}
The break was North. I tried to sell 435.. But it stopped at 430. Tp would of been above 380.. probably 381.
those who can, do. those who cant, talk about those who can
  • #120,918
  • Feb 5, 2025 8:31am Feb 5, 2025 8:31am
Quoting gatorinla
{quote} The break was North. I tried to sell 435.. But it stopped at 430. Tp would of been above 380.. probably 381.
pa is still on the bullish b/o side of 384.. It may weaken to run back to 380 within 1.5hs... After if back above 384.. That's probably still bullish. Not running back to 380 is also bullish.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB
those who can, do. those who cant, talk about those who can
  • #120,919
  • Feb 5, 2025 9:30am Feb 5, 2025 9:30am
GJ
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYDaily.png Size: 14 KB
  • #120,920
  • Feb 5, 2025 11:06am Feb 5, 2025 11:06am
Quoting gatorinla
{quote} pa is still on the bullish b/o side of 384.. It may weaken to run back to 380 within 1.5hs... After if back above 384.. That's probably still bullish. Not running back to 380 is also bullish. {image}
I did want to buy 377/80. That area maybe a overnight buy. I'm waiting for the day to settle. I dont know how this will settle out, before the job report. As things stand. +384 sustained is bullish to me. If this high holds, later -425-375 may be neutral. That may allow a fall to the 375 area. Above it may be nuetral/bullish. Below may be bearish. Lets see how Asia plays with these numbers. Some tweaking is likely. As this stands. 375 to 422 is less than 50 pips. Being in front of a job report I cant short. Its too close to 422 to short for me. I can long if its sustained above 0377-75. Instead of the 422 tp. 430 or 457 may develop.
those who can, do. those who cant, talk about those who can
39 traders viewing now