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The Swamp

  • #122,461
  • Apr 24, 2025 2:12pm Apr 24, 2025 2:12pm
Quoting gatorinla
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 {image}
I am still long but did not add more. Have enough for now.
Will probably only add tmr if I see all my things aligned I still don't have them all aligned.

All area from 1.1385 to 1.1400 should be very hard to break but if we do good chance we see 1.15 again
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #122,462
  • Apr 24, 2025 2:15pm Apr 24, 2025 2:15pm
Quoting DMA Trader
{quote} I am still long but did not add more. Have enough for now. Will probably only add tmr if I see all my things aligned I still don't have them all aligned. All area from 1.1385 to 1.1400 should be very hard to break but if we do good chance we see 1.15 again
Already here, I would be surprised to not see it break at least for stops,
Very hard to close daily above.
I will probably ad longs on a retest of 1.138.

maybe also a good place to reduce longs. But not doing it just yet
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #122,463
  • Apr 24, 2025 2:30pm Apr 24, 2025 2:30pm
Quoting DMA Trader
{quote} Already here, I would be surprised to not see it break at least for stops, Very hard to close daily above. I will probably ad longs on a retest of 1.138. maybe also a good place to reduce longs. But not doing it just yet
taking some profits here on EUR/USD long. and a bit of gold
will stay long overnight on both but less.

Going to try to renter if we break 1.14
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #122,464
  • Apr 24, 2025 3:43pm Apr 24, 2025 3:43pm
A dogfight
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those who can, do. those who cant, talk about those who can
  • #122,465
  • Apr 24, 2025 3:56pm Apr 24, 2025 3:56pm
Quoting gatorinla
A dogfight {image}
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those who can, do. those who cant, talk about those who can
  • #122,466
  • Apr 24, 2025 4:02pm Apr 24, 2025 4:02pm
It appears to have held the day close.
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those who can, do. those who cant, talk about those who can
  • #122,467
  • Apr 24, 2025 4:48pm Apr 24, 2025 4:48pm
Void if a move sustans above 1413.. Break out sustained below 1313.. But later these will tighten.
those who can, do. those who cant, talk about those who can
  • #122,468
  • Apr 24, 2025 4:55pm Apr 24, 2025 4:55pm
Quoting gatorinla
Void if a move sustans above 1413.. Break out sustained below 1313.. But later these will tighten.
I'm looking to get back in longs closed around 1.137 or 1.136.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #122,469
  • Apr 24, 2025 5:02pm Apr 24, 2025 5:02pm
possible headfake to near 1422. Just because of being here. 1425 usually covers that. If settles back below 1396 and 92. its likely dropping. more proof sustained below below 1335. 25
Tonight after ny 7.pm sustained below 1335 has a good shot to break out the low.
Possible short on that possible headfake..1425 may be good enough for a s/l. above 1325 may be bullish
those who can, do. those who cant, talk about those who can
  • #122,470
  • Apr 24, 2025 7:01pm Apr 24, 2025 7:01pm
Quoting gatorinla
possible headfake to near 1422. Just because of being here. 1425 usually covers that. If settles back below 1396 and 92. its likely dropping. more proof sustained below below 1335. 25 Tonight after ny 7.pm sustained below 1335 has a good shot to break out the low. Possible short on that possible headfake..1425 may be good enough for a s/l. above 1325 may be bullish
if bear can contain under 1.1422 and we break under 1.1335 likely completing h&s?
Patience, Emotion Control and Discipline.
  • #122,471
  • Apr 24, 2025 7:06pm Apr 24, 2025 7:06pm
Quoting gatorinla
possible headfake to near 1422. Just because of being here. 1425 usually covers that. If settles back below 1396 and 92. its likely dropping. more proof sustained below below 1335. 25 Tonight after ny 7.pm sustained below 1335 has a good shot to break out the low. Possible short on that possible headfake..1425 may be good enough for a s/l. above 1325 may be bullish
It closed below 1396 and 92. That is bearish to me. The above head fake scenario I can't say is likely. It's just a "what if"
those who can, do. those who cant, talk about those who can
  • #122,472
  • Apr 24, 2025 7:08pm Apr 24, 2025 7:08pm
Quoting johncen
{quote} if bear can contain under 1.1422 and we break under 1.1335 likely completing h&s?
it could be. It closed below 1396 and 92. The bear side. I think its going to 1278 1244ish. I think 1.0802 may pull it. 1..0802 can attract. I posted the charts
those who can, do. those who cant, talk about those who can
  • #122,473
  • Apr 24, 2025 8:04pm Apr 24, 2025 8:04pm
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}
Statically Friday is the second most popular day to may a high/low of the week.
Sustained below 1335 can be a bearish b/o. But getting to 1325 may help. cross the liquids around 1350. So it may easy hit 1300 if 1325 is reached. from there 1278 is close. possible bounce in that area. 1278/97 area. But below 1275 if may continue down
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those who can, do. those who cant, talk about those who can
  • #122,474
  • Apr 24, 2025 10:26pm Apr 24, 2025 10:26pm
Quoting gatorinla
{quote} Statically Friday is the second most popular day to may a high/low of the week. Sustained below 1335 can be a bearish b/o. But getting to 1325 may help. cross the liquids around 1350. So it may easy hit 1300 if 1325 is reached. from there 1278 is close. possible bounce in that area. 1278/97 area. But below 1275 if may continue down {image}
that liquid pool may drain at 1325.
1m
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those who can, do. those who cant, talk about those who can
  • #122,475
  • Apr 24, 2025 11:05pm Apr 24, 2025 11:05pm
Quoting gatorinla
{quote} that liquid pool may drain at 1325. 1m {image}
That candle reaching 1325 probably sucked all the liquid in the pool. Leaving a shot for 1300-1278 area. There is a likely pool there too. If it can cross maybe 1275.. it could suck it up. So we may not be able to get back to 1372.
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those who can, do. those who cant, talk about those who can
  • #122,476
  • Apr 25, 2025 12:09am Apr 25, 2025 12:09am
I looked at the EU Monthly. I'm thinking that we will not close the month with that large of a wick. I haven't seen any large cycle tops with that kind of candle with a large wick. This looks like some end of month turbulence.
  • #122,477
  • Apr 25, 2025 12:55am Apr 25, 2025 12:55am
Quoting FT.Trader
I looked at the EU Monthly. I'm thinking that we will not close the month with that large of a wick. I haven't seen any large cycle tops with that kind of candle with a large wick. This looks like some end of month turbulence.
Same with Gold
  • #122,478
  • Apr 25, 2025 1:07am Apr 25, 2025 1:07am
tonight's second rinse and spin cycle might be due to futures option strikes. euro fx low is 1.1349 (1.1350 strike) gold low is 3296(3300 strike)
  • #122,479
  • Apr 25, 2025 1:36am Apr 25, 2025 1:36am
Quoting DMA Trader
{quote} I'm looking to get back in longs closed around 1.137 or 1.136.
closing this again at 1.1347.
Will wait, I see both longs and shorts working
maybe a range, Want to see if we can get 1.137
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #122,480
  • Apr 25, 2025 2:04am Apr 25, 2025 2:04am
Quoting FT.Trader
tonight's second rinse and spin cycle might be due to futures option strikes. euro fx low is 1.1349 (1.1350 strike) gold low is 3296(3300 strike)
There were 75 put contracts executed at the 1.1350 strike on the May week 3 contract. Day low presently 1.1349
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