The Swamp | Page 640 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #12,781
  • Dec 7, 2017 12:41am Dec 7, 2017 12:41am
Quoting PayTheLimit
it seems like 1743 might be some support...
looking @ DXY price chart it's a one way street this week so far. I'd sell any rips until NFP. Upside capped @ 1830.
  • #12,782
  • Dec 7, 2017 12:45am Dec 7, 2017 12:45am
Quoting asgcorp
{quote} looking @ DXY price chart it's a one way street this week so far. I'd sell any rips until NFP. Upside capped @ 1830.
if there's a pullback in DXY I'd sell rips in eurusd.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 42 KB
  • #12,783
  • Dec 7, 2017 12:46am Dec 7, 2017 12:46am
current eurusd H1. Bulls got bear-flagged.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 9 KB
  • #12,784
  • Dec 7, 2017 12:54am Dec 7, 2017 12:54am
Quoting PayTheLimit
it seems like 1738/43 might be some support...
my buy zone for today is pretty close. around 50 area. I want to see DXY stall upon hitting some supply first though.
  • #12,785
  • Dec 7, 2017 12:54am Dec 7, 2017 12:54am
Quoting asgcorp
{quote} looking @ DXY price chart it's a one way street this week so far. I'd sell any rips until NFP. Upside capped @ 1830.
I see that level on my shorter term chart, could be worth an entry....and speaking of short term, you see anything in NU at 6845?
Look Sharp/Trade Tight
  • #12,786
  • Dec 7, 2017 12:55am Dec 7, 2017 12:55am
Quoting PayTheLimit
{quote} I see that level on my shorter term chart, could be worth an entry....and speaking of short term, you see anything in NU at 6845?
NU I got 6820 tagged as a nice spot.
  • #12,787
  • Dec 7, 2017 1:00am Dec 7, 2017 1:00am
NU 6820 is real good. Let's see king dollar stall and go for a reload.
  • #12,788
  • Dec 7, 2017 1:43am Dec 7, 2017 1:43am
NU H4 close on watch list. otherwise flat. Antipods real weak @ LO today, so not sure if I'm going to catch a falling knife.
  • #12,789
  • Dec 7, 2017 1:47am Dec 7, 2017 1:47am
strong dollar @ LO however EU is resisting pressure and so far holding yesterday's LOD, noted. See if this pans out next few hours.
  • #12,790
  • Dec 7, 2017 1:53am Dec 7, 2017 1:53am
PTL sent you an update on NU check your PM.
  • #12,791
  • Dec 7, 2017 4:35am Dec 7, 2017 4:35am
Quoting Boulder
Euro On 12/6/2017 at 8pm est. BLDR system update : H1, downtrend, Trend stop at H1 close 1833, Running Period: 36 hours H4, downtrend, Trend stop at H4 close 1896, Running Period: 7 x H4 Daily, uptrend, Trend stop at day close 1665, Running Period: 10 days ( Note: Those stops will change with time and price action) Below are the important trading levels for the day: H1 1821, H2 1839, H3 1870 L1 1783, L2 1765, L3 1734
Just broke L1 1783, ..if not hold.. .. it will test L2 1765 next...
  • #12,792
  • Dec 7, 2017 5:14am Dec 7, 2017 5:14am
Euro On 12/7/2017 at 6am est. BLDR system update :
H1, downtrend, Trend stop at H1 close 1804, Running Period: 46 hours
H4, downtrend, Trend stop at H4 close 1885, Running Period: 11 x H4
Daily, uptrend, Trend stop at day close 1665, Running Period: 10 days
( Note: Those stops will change with hour close and price action)
  • #12,793
  • Dec 7, 2017 5:56am Dec 7, 2017 5:56am
Quoting Boulder
Euro On 12/7/2017 at 6am est. BLDR system update : H1, downtrend, Trend stop at H1 close 1804, Running Period: 46 hours H4, downtrend, Trend stop at H4 close 1885, Running Period: 11 x H4 Daily, uptrend, Trend stop at day close 1665, Running Period: 10 days ( Note: Those stops will change with hour close and price action)
Mam I will be highly grateful if you tell me how to identity trend H1, H4, W & daily.
  • #12,794
  • Edited 7:00am Dec 7, 2017 6:13am | Edited 7:00am
Quoting Biplobff
{quote} Mam I will be highly grateful if you tell me how to identity trend H1, H4, W & daily.
Its one program I use ,, similar like Psar but not.. .there are a lot of methods that you can use to tell you the trend,.. for example most basic one.. MACD.>0 up trend.. Macd <0 downtrend..how macd develops after each close....you can also use moving average, use trend line slope of angle.. 30-45 degree strong trend.. 10 -15 degree .. range...you just find one that fit your trading style.. but I am more interested in time.. hours in trend.. I manually track those to give a feel the trend is mature enough to end the trend,, reverse..
H1 trend usually lasts 2 days.. after 3 days.. high possibility it will reverse.... H4 trend ,,it usually lasts about 7-10 days..
Those stops are more like trailing stops.. lock in the profits before the trend reversal...
if you need some programs to help you, there are a lot of products out there, some even free . you can check the site
https://www.mql5.com/en/market/mt4
  • #12,795
  • Dec 7, 2017 7:27am Dec 7, 2017 7:27am
Pre-congrats on Bitcoin 15k today... another crazy run up today.. now at 14.9K
  • #12,796
  • Dec 7, 2017 7:29am Dec 7, 2017 7:29am
just sold bitcoin again, hope it collapses
  • #12,797
  • Dec 7, 2017 7:34am Dec 7, 2017 7:34am
Quoting HockMan
just sold bitcoin again, hope it collapses
wow, you are a brave man, kudos to you..
  • #12,798
  • Dec 7, 2017 7:59am Dec 7, 2017 7:59am
last chance for euro bulls to get out @/near 1825-30. DXY reloading currently.
  • #12,799
  • Dec 7, 2017 8:02am Dec 7, 2017 8:02am
Quoting Boulder
Euro On 12/7/2017 at 6am est. BLDR system update : H1, downtrend, Trend stop at H1 close 1804, Running Period: 46 hours H4, downtrend, Trend stop at H4 close 1885, Running Period: 11 x H4 Daily, uptrend, Trend stop at day close 1665, Running Period: 10 days ( Note: Those stops will change with hour close and price action)
H1 bears still hold the stop 1804 at close.. it has been 49 hours.. kind of going into the late stage.. high possibility H1 trend will reverse soon...

Euro On 12/7/2017 at 9am est. BLDR system update :
H1, downtrend, Trend stop at H1 close 1804, Running Period: 49 hours
H4, downtrend, Trend stop at H4 close 1878, Running Period: 12 x H4
Daily, uptrend, Trend stop at day close 1665, Running Period: 10 days
( Note: Those stops will change with hour close and price action)
  • #12,800
  • Dec 7, 2017 8:11am Dec 7, 2017 8:11am
Quoting gatorinla
{quote} s/o.. L closed below 1809.. a bearish day close to me, making 1706. in better shape. meanwhile adr 1775x area. .. some chance to short on a 185x bounce.. no evidence on a bounce atm.. but as a spectator it's free to wait.
if you took it.. b.e. it. it will get stopped unless it starts closing L day above 1809/11.. after, 1826/32 has some R. its not going to run w/o 1897/1911 and close above 1939. nfp to come, that week close for bears needs to be below 1809.... the day hasn't made a move yet to show bull.
those who can, do. those who cant, talk about those who can
23 traders viewing now