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The Swamp

  • #6,361
  • Jun 27, 2016 11:09am Jun 27, 2016 11:09am
Quoting edyraper
watching EG 8412 for shorts, potential target 7526
we are likely going to 0.884x first
When life gives you lemons, make lemonade
  • #6,362
  • Jun 27, 2016 11:14am Jun 27, 2016 11:14am
Quoting micho
{quote} we are likely going to 0.884x first
I'm going to be s/o above 8426
  • #6,363
  • Jun 27, 2016 11:18am Jun 27, 2016 11:18am
Quoting Freelve
{quote} So you saying this is support or we going lower?
i bought 3125. generic tp was set to 100, i was s/o at tp 3225.
those who can, do. those who cant, talk about those who can
  • #6,364
  • Edited 11:45am Jun 27, 2016 11:34am | Edited 11:45am
Quoting Denx
{quote} Any thoughts on Uj? last week was closed below mid of week high. 99.43 will do the long?
waiting for a bounce right or wrong on usd crosses.. tech wise before gb out.. usdx had a 84 path,, its now hit its norm.. so it may be enough along with these others pairs reaching some support areas. uj reached 100.50 norm.. but usdx could help uj drop. but uj also reached 100.50 norm,, i may miss it. i wait for a bounce.. 102.99 was where the st indicated.. i rather test 103.5x/.78 (112 norm). i just dont know,, things are fu.. but along with usdx, a gu bounce to 41xx or if not a bounce in other usd crosses is what i am doing my best not to underestimate usd weakness path on usdx. if usdx is to follow path, and gu to remain bearish or sluggish. other pairs could bounce stronger. eu hasnt did much comparable lately. eu still has techwise 1.2470.. ez crash wise, who knows
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those who can, do. those who cant, talk about those who can
  • #6,365
  • Jun 27, 2016 11:52am Jun 27, 2016 11:52am
Quoting micho
united kingdom will soon be non-united kingdom democracy is great, but democracy without education is catastrophic
enough with calling people stupid. this is not the place.
those who can, do. those who cant, talk about those who can
  • #6,366
  • Jun 27, 2016 12:05pm Jun 27, 2016 12:05pm
Gator,

Just wanted to gauge your read on WTI currently at 46.16. Any thoughts? If you've already posted updated post please refer. Ill go back and read. Thanks
The coincidental success is more dangerous than the expected failure
  • #6,367
  • Jun 27, 2016 12:21pm Jun 27, 2016 12:21pm
Quoting Neqrotik
Gator, Just wanted to gauge your read on WTI currently at 46.16. Any thoughts? If you've already posted updated post please refer. Ill go back and read. Thanks
brent target was 14.xx, but it was normal to reach 56.xx b4 going to 14.... gb market is heavily weighted to oil because it has many oil firms london based. maybe 56.xx will not happen.. dont know. target 14.xx valid
those who can, do. those who cant, talk about those who can
  • #6,368
  • Jun 27, 2016 12:34pm Jun 27, 2016 12:34pm
Quoting gatorinla
{quote} enough with calling people stupid. this is not the place.
  • #6,369
  • Jun 27, 2016 12:36pm Jun 27, 2016 12:36pm
Quoting gatorinla
{quote} i bought 3125. generic tp was set to 100, i was s/o at tp 3225.
Brilliant
  • #6,370
  • Jun 27, 2016 12:41pm Jun 27, 2016 12:41pm
possible eu long 1.100/1.0970.. to target 1.1055..it's against trend.. another indication to confirm would be best..
those who can, do. those who cant, talk about those who can
  • #6,371
  • Jun 27, 2016 12:43pm Jun 27, 2016 12:43pm
Quoting Freelve
{quote} Brilliant
s/p downgraded uk to aa from aaa
those who can, do. those who cant, talk about those who can
  • #6,372
  • Jun 27, 2016 1:26pm Jun 27, 2016 1:26pm
Quoting gatorinla
{quote} waiting for a bounce right or wrong on usd crosses.. tech wise before gb out.. usdx had a 84 path,, its now hit its norm.. so it may be enough along with these others pairs reaching some support areas. uj reached 100.50 norm.. but usdx could help uj drop. but uj also reached 100.50 norm,, i may miss it. i wait for a bounce.. 102.99 was where the st indicated.. i rather test 103.5x/.78 (112 norm). i just dont know,, things are fu.. but along with usdx, a gu bounce to 41xx or if not a bounce in other usd crosses is what i am doing my best...
I see. thanks man
  • #6,373
  • Jun 27, 2016 1:36pm Jun 27, 2016 1:36pm
Quoting gatorinla
{quote} s/p downgraded uk to aa from aaa
Thanks for that gator. Another question. They say the market always closes the gap. Do you see it happening anytime soon on cable?
  • #6,374
  • Jun 27, 2016 1:42pm Jun 27, 2016 1:42pm
Quoting edyraper
{quote} waiting for 18.24/18.50 on silver to short . silver and gold are correlated but not tick by tick . I'm selling the highs on both, FIFOs on spikes for a runner , nope not in 1302 yet ... ADR has like +10 room maybe we see 1310+ or something today ... will see watching
Silver met it's short term target, now it should dive for $9.x handle, it might help Gold bears, I've missed shorts at 18.2x unfortunately will be looking to get a good level to sell this, same on Gold.
  • #6,375
  • Jun 27, 2016 2:01pm Jun 27, 2016 2:01pm
Quoting edyraper
{quote} Silver met it's short term target, now it should dive for $9.x handle, it might help Gold bears, I've missed shorts at 18.2x unfortunately will be looking to get a good level to sell this, same on Gold.
What is a good level to short silver?
  • #6,376
  • Jun 27, 2016 2:16pm Jun 27, 2016 2:16pm
Quoting Freelve
{quote} Thanks for that gator. Another question. They say the market always closes the gap. Do you see it happening anytime soon on cable?
u tell me.. the usd/cad closed a gap about 8 years back that was 30 years old. sure it closed, but do u have the money and time to wait for it? that said you can be wrong or right. u can be wrong and broke, you can be right and still be broke. the start gap is simply a close of last week.. over the weekend gu lost some value on the gbp side.
those who can, do. those who cant, talk about those who can
  • #6,377
  • Jun 27, 2016 2:28pm Jun 27, 2016 2:28pm
Quoting gatorinla
{quote} enough with calling people stupid. this is not the place.
ok cool
When life gives you lemons, make lemonade
  • #6,378
  • Jun 27, 2016 2:39pm Jun 27, 2016 2:39pm
Quoting gatorinla
{quote} u tell me.. the usd/cad closed a gap about 8 years back that was 30 years old. sure it closed, but do u have the money and time to wait for it? that said you can be wrong or right. u can be wrong and broke, you can be right and still be broke. the start gap is simply a close of last week.. over the weekend gu lost some value on the gbp side.
Now that you have explained the gap i understand better. Well since S&p has downgraded united kingdom from aaa to aa, an gu is still in downtrend i believe the bottom is not yet set. Therefore for now ill be shorting gu ay 1.32xx level as this is immediate resistance.
  • #6,379
  • Jun 27, 2016 2:51pm Jun 27, 2016 2:51pm
Quoting Freelve
{quote} Now that you have explained the gap i understand better. Well since S&p has downgraded united kingdom from aaa to aa, an gu is still in downtrend i believe the bottom is not yet set. Therefore for now ill be shorting gu ay 1.32xx level as this is immediate resistance.
if you want to put it simpler, the gap means nothing, meaningless, imagine there is no gap and trade normally
nothing = no thing
When life gives you lemons, make lemonade
  • #6,380
  • Jun 27, 2016 3:02pm Jun 27, 2016 3:02pm
Quoting micho
{quote} if you want to put it simpler, the gap means nothing, meaningless, imagine there is no gap and trade normally nothing = no thing
Ok micho. Well said. Lol
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