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The Swamp

  • #122,441
  • Apr 24, 2025 2:01am Apr 24, 2025 2:01am
Quoting DMA Trader
{quote} we need to trade above 1.136 we are close gold also support 3222 I need higher prices for my longs.
big R between 1.136 1.137 bears have to fight for their lives.
bulls need to push. Gold stable.

let's go bulls, bear meat after 1.137
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #122,442
  • Apr 24, 2025 3:08am Apr 24, 2025 3:08am
Quoting DMA Trader
{quote} big R between 1.136 1.137 bears have to fight for their lives. bulls need to push. Gold stable. let's go bulls, bear meat after 1.137
The EUR- bears are surrounded. can they still make a comeback?
Gold next ?
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Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #122,443
  • Apr 24, 2025 5:04am Apr 24, 2025 5:04am
Quoting gatorinla
{quote} 1350 till 1370 may be a sell. If you get a sign. sl 1372+ a few
It jumped the turnstile 135x, the drop not enough to break 1313. .. It's in a R area atm. Sunstained above 1413 is likely bullish. sustained below 1313 likely bearish.
If bullish, adr 1442
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those who can, do. those who cant, talk about those who can
  • #122,444
  • Apr 24, 2025 5:12am Apr 24, 2025 5:12am
Quoting DMA Trader
{quote} big R between 1.136 1.137 bears have to fight for their lives. bulls need to push. Gold stable. let's go bulls, bear meat after 1.137
dont overlook a flex from 1396
those who can, do. those who cant, talk about those who can
  • #122,445
  • Apr 24, 2025 5:14am Apr 24, 2025 5:14am
Quoting gatorinla
{quote} dont overlook a flex from 1396
yeah current lvl not easy to beat.
but also not selling big on smaller tf's

still think we can get above 1.14 today. maybe yours 1.144 ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #122,446
  • Apr 24, 2025 5:16am Apr 24, 2025 5:16am
Quoting gatorinla
{quote} dont overlook a flex from 1396
Lots of smaller day R here. 1396 may be the main one. Above it the others may weigh it back below 1396. There is a likely liquid pocket somewhere in the 1396/1422 area. Bulls would need to clear it sustained above 1413, and 1396. 1425 may be enough to break away.
Also pa is above lc 40+ pips. That may pull it back to 135x. 135x being back below 1396. Maybe pack a lunch. It looks like a brown bagger. A P/J and an apple may hit the spot.
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those who can, do. those who cant, talk about those who can
  • #122,447
  • Apr 24, 2025 5:42am Apr 24, 2025 5:42am
back at Friday's close, Monday's open. No progress for bulls below it this week. Statically Thursdays are the day of the week. That most of the highs or low are made.
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those who can, do. those who cant, talk about those who can
  • #122,448
  • Apr 24, 2025 6:11am Apr 24, 2025 6:11am
Quoting gatorinla
back at Friday's close, Monday's open. No progress for bulls below it this week. Statically Thursdays are the day of the week. That most of the highs or low are made. {image}
The news that caused the EUR to drop was very positive for the US.
The fact that it’s gradually climbing, I consider bullish, especially given the current swap.
Then we broke above 1.137 and have tested it several times since, and we’re still holding above it.
A problem for me would be to see it drop back below 1.135.
Rule No.1: Never lose money. Rule No.2: Market is always right !
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  • #122,449
  • Apr 24, 2025 6:51am Apr 24, 2025 6:51am
Quoting DMA Trader
{quote} The news that caused the EUR to drop was very positive for the US. The fact that it’s gradually climbing, I consider bullish, especially given the current swap. Then we broke above 1.137 and have tested it several times since, and we’re still holding above it. A problem for me would be to see it drop back below 1.135.
Yeah. I would of usually longed 1314. But didnt. The same with a short 1413. This time 1396 is in the way. So this area can resist. I do see a 4h support at 1297. anyway that 13.7% move in 4 months leads me to believe it will retrace to 1244 or deeper. the Quarter may want 1.0802. I do expect it to bounce some on the way
those who can, do. those who cant, talk about those who can
  • #122,450
  • Apr 24, 2025 7:50am Apr 24, 2025 7:50am
Quoting gatorinla
{quote} Yeah. I would of usually longed 1314. But didnt. The same with a short 1413. This time 1396 is in the way. So this area can resist. I do see a 4h support at 1297. anyway that 13.7% move in 4 months leads me to believe it will retrace to 1244 or deeper. the Quarter may want 1.0802. I do expect it to bounce some on the way
1.135 support ok for now.
with really good US data.
Bulls have to defend area and get back about*above 1.137 and later break 1.14
I think more clarity after US Stock Market opens.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #122,451
  • Apr 24, 2025 7:54am Apr 24, 2025 7:54am
Quoting gatorinla
{quote} Lots of smaller day R here. 1396 may be the main one. Above it the others may weigh it back below 1396. There is a likely liquid pocket somewhere in the 1396/1422 area. Bulls would need to clear it sustained above 1413, and 1396. 1425 may be enough to break away. Also pa is above lc 40+ pips. That may pull it back to 135x. 135x being back below 1396. Maybe pack a lunch. It looks like a brown bagger. A P/J and an apple may hit the spot. {image}
It did drop it
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  • #122,452
  • Apr 24, 2025 8:05am Apr 24, 2025 8:05am
Quoting gatorinla
{quote} It did drop it {image}
yup and no above 1180
can we get 1140 at least for stop hunting.
But scary on this good data orders and claims.
Market is starting to be afraid tariffs will stay, that would mean selling US equites also but not that easy since earnings are decent to good.

We will see. Some sellers will come that may push E/U above 1.14 maybe to your 1.144 lvl
Rule No.1: Never lose money. Rule No.2: Market is always right !
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  • #122,453
  • Apr 24, 2025 10:28am Apr 24, 2025 10:28am
Quoting DMA Trader
{quote} yup and no above 1180 can we get 1140 at least for stop hunting. But scary on this good data orders and claims. Market is starting to be afraid tariffs will stay, that would mean selling US equites also but not that easy since earnings are decent to good. We will see. Some sellers will come that may push E/U above 1.14 maybe to your 1.144 lvl
you mean 1380 and 1340?
"yup and no above 1180
can we get 1140 at least for stop hunting"
those who can, do. those who cant, talk about those who can
  • #122,454
  • Apr 24, 2025 10:28am Apr 24, 2025 10:28am
I'm thinking that if this is a cycle top that there should be some type of head and shoulders which means a test of the april 11 high
  • #122,455
  • Apr 24, 2025 10:37am Apr 24, 2025 10:37am
I do like that yesterday's low was retested during the NY session
  • #122,456
  • Apr 24, 2025 11:26am Apr 24, 2025 11:26am
Quoting gatorinla
{quote} you mean 1380 and 1340? "yup and no above 1180 can we get 1140 at least for stop hunting"
I really have no idea what I was trying to say.
Bit tired. 1135 still strong
I am surprised we are still at 1.137 with Market ripping higher.
Gold also around 3330 close to big resistance.

Strange resilience I would say some news is coming very soon
Rule No.1: Never lose money. Rule No.2: Market is always right !
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  • #122,457
  • Apr 24, 2025 11:29am Apr 24, 2025 11:29am
Quoting dma trader
{quote} i really have no idea what i was trying to say. Bit tired. 1135 still strong i am surprised we are still at 1.137 with market ripping higher. Gold also around 3330 close to big resistance. Strange resilience i would say some news is coming very soon

trump: There was a meeting this morning with china
Rule No.1: Never lose money. Rule No.2: Market is always right !
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  • #122,458
  • Apr 24, 2025 11:33am Apr 24, 2025 11:33am
Quoting DMA Trader
{quote} trump: There was a meeting this morning with china
I just saw that there was a meeting this morning with China,
but I didn’t understand anything. Anyway, the market keeps going up.
I’m surprised that the EUR or Gold aren’t dropping.

Weird.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #122,459
  • Apr 24, 2025 1:06pm Apr 24, 2025 1:06pm
Quoting DMA Trader
{quote} I really have no idea what I was trying to say. Bit tired. 1135 still strong I am surprised we are still at 1.137 with Market ripping higher. Gold also around 3330 close to big resistance. Strange resilience I would say some news is coming very soon
it's like the price of milk. people buy more at 3 bucks than 10 bucks. If it stays on the shelf long enough.. The price falls. When is long enough? The past has 13.7% as a decent shot for a retrace 300 to 600 pips.
those who can, do. those who cant, talk about those who can
  • #122,460
  • Apr 24, 2025 1:15pm Apr 24, 2025 1:15pm
I think there is a chance we run back to a Q number like 1.0802. If so, a footprint may be 1.1391.
If correct this current R may force it to 1278 or 1233/44. If so we should see some reaction 1278ish. We may see a path develop
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