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The Swamp

  • #13,681
  • Dec 29, 2017 10:37am Dec 29, 2017 10:37am
Quoting MXT
{quote} just covered my long for a few pips there could be a small pullback , but it is so much more likely that it going to end the year above 1.2000 we'll see in a few hours
see what happens i spose. short just triggered
  • #13,682
  • Dec 29, 2017 10:41am Dec 29, 2017 10:41am
Quoting Venomousssss
{quote} see what happens i spose. short just triggered
good luck with your short

but just be careful coz it could shoot up even higher in the last minutes
  • #13,683
  • Dec 29, 2017 10:48am Dec 29, 2017 10:48am
I've shorted one for 2018
Attached Image
  • #13,684
  • Dec 29, 2017 10:48am Dec 29, 2017 10:48am
Quoting gatorinla
1.5 h left 4 L close. yest L day 1949, nov wick 1860. L nov close 1913. W/o anything changing, year will close higher- Q3 will close higher-month will close higher- week will close higher-day will close higher.. its friday. the last 2017 trading day. since most brokers will turn feeds off till monday/tuesday. I dont know how jan 1 tax will affect usd demand. it may gap, it may not. it may be large, it may not. either direction.
fresh L day , L week and L month closed higher. Some R 1225 ish.. using Q3, its safe to say within the next Q. the 1.21 area to be tested.. some possible 2102 area resistance. the only caution is none of the new tax plan has hit the chart. we dont know if it will be a rush to bring $ back home. i had speculated many multinational companies were selling usd in front jan 1 tax implementation. making eu rise b4. the thing is, the eu has risen even b4 tax plan.. toss a coin.. my time frames are up.. so i go with the visual..
those who can, do. those who cant, talk about those who can
  • #13,685
  • Edited 11:09am Dec 29, 2017 10:51am | Edited 11:09am
Quoting gatorinla
{quote} not sure if this will end up a bearish wedge or a ihs. staying long with the closes for now.. 2164 missed and 1.3xxx has a shot. {image}
Gator, you are so right all along on this Euro...but I don't like to see 2164...before some good pullbacks....
Currently it has no short signal on this.... three things may give bears some hope ...
first, EU goes to daily supply zone 1.2021-1.2089
secondly, usd now at 92.11, close to daily demand zone 92 , also overlapping weekly demand zone 91.81-91..
third, uptrend running time...H1 uptrend has 90 running hours currently.. there is very high possibility ( 90%) this will reverse soon..early next week for sure for H1 trend....
  • #13,686
  • Dec 29, 2017 10:53am Dec 29, 2017 10:53am
is it a bearish wedge? or is the bullish flag weeks back pushing a new high X2?over the holidays banks may fill some last minute hedged eu longs.. it may gap higher.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 24 KB
those who can, do. those who cant, talk about those who can
  • #13,687
  • Dec 29, 2017 10:58am Dec 29, 2017 10:58am
next likely target could be 1.2092

over the first days of january
  • #13,688
  • Dec 29, 2017 11:00am Dec 29, 2017 11:00am
Quoting Boulder
{quote} Gator, you are so right all along on this Euro...I don't like to see 2164...before some good pullbacks.... Currently it has no short signal on this.... two things may give bears some hope ... first, EU goes to daily supply zone 1.2021-1.2089
i would like to see it close above 2034, 2103 + better.
those who can, do. those who cant, talk about those who can
  • #13,689
  • Dec 29, 2017 11:02am Dec 29, 2017 11:02am
Quoting Boulder
{quote} Gator, you are so right all along on this Euro...I don't like to see 2164...before some good pullbacks.... Currently it has no short signal on this.... three things may give bears some hope ... first, EU goes to daily supply zone 1.2021-1.2089 secondly, its H1 running hours,..
dont know when it pulls back.. 2025 has some possible R.. bigger at 2103 area.
those who can, do. those who cant, talk about those who can
  • #13,690
  • Dec 29, 2017 11:03am Dec 29, 2017 11:03am
just looked up and saw the 2025 print..
those who can, do. those who cant, talk about those who can
  • #13,691
  • Dec 29, 2017 11:04am Dec 29, 2017 11:04am
USD going down the drain
  • #13,692
  • Dec 29, 2017 11:08am Dec 29, 2017 11:08am
Quoting MXT
USD going down the drain
thinking 81.0x handle myself.

month looks to close lower with year low month close. still above 2014 close.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 21 KB
those who can, do. those who cant, talk about those who can
  • #13,693
  • Dec 29, 2017 11:11am Dec 29, 2017 11:11am
stops placed on the 2014 short at 2034. shit is on the move today..
  • #13,694
  • Dec 29, 2017 11:13am Dec 29, 2017 11:13am
Quoting gatorinla
{quote} thinking 81.0x handle myself.
quite likely , especially if it breaks 90.00 for good
  • #13,695
  • Dec 29, 2017 11:19am Dec 29, 2017 11:19am
Quoting MXT
{quote} quite likely , especially if it breaks 90.00 for good
2014 close is there. 90.25 area
those who can, do. those who cant, talk about those who can
  • #13,696
  • Edited 11:33am Dec 29, 2017 11:20am | Edited 11:33am
Over 90% chance, H1 trend will reverse early next week....... ...

Euro On 12/29/2017 at noon est.. BLDR MTF system update :
H1, Uptrend, Trend stop at H1 close 1933, Running Period: 92 hours
H4, Uptrend, Trend stop at H4 close 1843, Running Period: 66 x H4
Daily, uptrend, Trend stop at day close 1724, Running Period: 26 days

( Note: Those stops will change with hour close and price action)

Just realize Monday is New Year.. need to edit my previous statement....
  • #13,697
  • Dec 29, 2017 11:27am Dec 29, 2017 11:27am
Quoting gatorinla
{quote} 2014 close is there. 90.25 area
besides , Trump administration made no secret since the beginning that they favor a weaker dollar

not that this matters that much , but it paves the way for a kind-of more Chinese style approach to Forex and exports

China has always been favoring a weak yuan , now Trump seems to be favoring a weak USD
  • #13,698
  • Dec 29, 2017 11:28am Dec 29, 2017 11:28am
Quoting Angelina
Shorted right here at 1994 (small one) Reason for this short: trying to get monthly tail ! I could be wrong for this one. Planed to short around 204ish but it is ok, will add some more there ! Target near 191ish if 20244 is topped, otherwise, I will move my target higher with new high !!! Good luck ! {image}
Added another small one at 2024.

Target changed to near 191ish/2ish, will adjust later ....
Let see how the day/week/month end .... gruuuuuuuuuu.......

Greedy mode is on..... Small one when against the trend is not too bad lol

Looking for long later, short scalp only for now
Attached Image
  • #13,699
  • Dec 29, 2017 11:37am Dec 29, 2017 11:37am
Quoting edyraper
I've shorted one for 2018 {image}
done
  • #13,700
  • Dec 29, 2017 11:43am Dec 29, 2017 11:43am
Quoting Mani82
{quote} done
SL is in place.
Potential first target 1960.
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