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The Swamp

  • #14,061
  • Jan 8, 2018 10:06am Jan 8, 2018 10:06am
Quoting edyraper
Cable ($GBPUSD) higher tf map. Attractions : 1.6538, 1.4553. Early R 1.3931. Current PA target(s) w/o LL : 1.30, 1.3305, +.... Needs a HH. atm 2461, L 1.19xx, H 1.277x. If bull, small bulls at 2362 might show up. Or dig for smaller setups for major Rs etc. If bear, I'd wait to take some later at Rs/targets/attractions (1.30xx first) for larger swings. Chart :
Attached Image
cable likely to breakout, watching it... breakout trades are set, but wait for shorts... 1.39ish
  • #14,062
  • Jan 8, 2018 10:07am Jan 8, 2018 10:07am
Quoting edyraper
30 pips SL to 400 pips tp, what is r:r?
...I believe you achieved that before...for me this one is more likely RR 1:2..or 1:3, I don't see it will be 1:13.. good luck though.
  • #14,063
  • Jan 8, 2018 10:17am Jan 8, 2018 10:17am
Quoting Boulder
{quote} ...I believe you achieved that before...for me this one is more likely RR 1:2..or 1:3, I don't see it will be 1:13.. good luck though.
Thanks, I'll book few sometime later. The TP will stay same unless any major changes.
  • #14,064
  • Jan 8, 2018 10:31am Jan 8, 2018 10:31am
looks like L will close - 1.2001... 1.2 untested from below atm.. this would be day 2 with a lower close. Friday using 1.2032 close for week and day..
with the trend still bullish.. one counter short may be developing.. 1.2001 is the obvious, but st 1.2027 looks possible with the week close 1.2032 to help cover the stop. all shorts are counter to me. day 2 lower close below 1.2 is a small crack..
those who can, do. those who cant, talk about those who can
  • #14,065
  • Edited 11:02am Jan 8, 2018 10:49am | Edited 11:02am
Trade with bigger SL for the 3 month earlier vs tight SL for the previous month, trade history graph looks smooth now !
I got more win when trade with less frequency, need to stop myself a bit to save my profit
Attached Image (click to enlarge)
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  • #14,066
  • Jan 8, 2018 10:53am Jan 8, 2018 10:53am
Quoting gatorinla
looks like L will close - 1.2001... 1.2 untested from below atm.. this would be day 2 with a lower close. Friday using 1.2032 close for week and day.. with the trend still bullish.. one counter short may be developing.. 1.2001 is the obvious, but st 1.2027 looks possible with the week close 1.2032 to help cover the stop. all shorts are counter to me. day 2 lower close below 1.2 is a small crack..
i know its counter.. since H4 downtrend just started today.. i will stay shorts for a while...
tomorrow 50% chance H1 downtrend may reverse..Wed 75%, thur over 90% chance to reverse the H1 trend.. but for H4 trend, it will take days to reverse...
  • #14,067
  • Jan 8, 2018 11:02am Jan 8, 2018 11:02am
Quoting Angelina
Trade with bigger SL for the 3 month earlier vs tight SL for the previous month, trade history graph looks smooth now ! I got more win when trading with lower trade frequency, need to stop myself a bit to save my profit {image}
Great
  • #14,068
  • Jan 8, 2018 11:02am Jan 8, 2018 11:02am
Quoting Boulder
{quote} i know its counter.. since H4 downtrend just started today.. i will stay shorts for a while... tomorrow 50% chance H1 downtrend may reverse..Wed 75%, thur over 90% chance to reverse the H1 trend.. but for H4 trend, it will take days to reverse...
i had to revise some from original 1816.. i added 5 pips to 1821
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those who can, do. those who cant, talk about those who can
  • #14,069
  • Jan 8, 2018 11:08am Jan 8, 2018 11:08am
Quoting edyraper
{quote} Great
Thanks Edy!
Less frequency give me more times to study. Many exams coming...
  • #14,070
  • Jan 8, 2018 11:09am Jan 8, 2018 11:09am
Quoting gatorinla
{quote} i had to revise some from original 1816.. i added 5 pips to 1821 {image}
great ...I will set my TP there 1821... make sure we don't go through the 1706 experience again .....which left Biplobff down ...
  • #14,071
  • Jan 8, 2018 11:13am Jan 8, 2018 11:13am
Quoting longshot_nl
{quote} white pitchfork could be done. yellow mid could give us 1706. nfp could bring us there in time. just speculating. {image}
i think still valid.
new high moved mid confluence to next week.

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  • #14,072
  • Jan 8, 2018 11:14am Jan 8, 2018 11:14am
Quoting Boulder
{quote} great ...I will set my TP there 1821... make sure we don't go through the 1706 experience again .....which left Biplobff down ...
that's why i say its counter. also dont forget 267....
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those who can, do. those who cant, talk about those who can
  • #14,073
  • Jan 8, 2018 11:20am Jan 8, 2018 11:20am
Quoting Angelina
{quote} Thanks Edy! Less frequency give me more times to study. Many exams coming...
Agreed. What is you tight stop size? 10 pips-50 pips?
I tought it was a semester break time?
  • #14,074
  • Edited 12:23pm Jan 8, 2018 11:21am | Edited 12:23pm
Quoting gatorinla
{quote} i had to revise some from original 1816.. i added 5 pips to 1821 {image}
I just adjust my order at 1822 also.
The top was 20889 now from 2081 high.
I am afraid the 1885 will be held so no chance for 1822
The drop needed for another set up on Friday events!

How is your review about that Gator?
Thanks in advance!
  • #14,075
  • Jan 8, 2018 11:22am Jan 8, 2018 11:22am
Quoting gatorinla
{quote} that's why i say its counter. also dont forget 267.... {image}
I saw that support 3 hours ago..
  • #14,076
  • Jan 8, 2018 11:28am Jan 8, 2018 11:28am
Quoting longshot_nl
{quote} looking at ej. 136.5 is close to the yellow level. {image}
this is what i have with EJ
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  • #14,077
  • Jan 8, 2018 11:30am Jan 8, 2018 11:30am
Quoting Angelina
{quote} Usually i do 16-21 pips sl on scalp intraday and 61-91 sl on swings reduce 1/4 lots size with swing. And all ratio with first book profit near equal with total sl, no care about second or third
Great

Quoting longshot_nl
{quote} this is what i have with EJ {image}
Same boat.
I expect a bit higher only.
  • #14,078
  • Jan 8, 2018 12:02pm Jan 8, 2018 12:02pm
Quoting gatorinla
{quote} that's why i say its counter. also dont forget 267.... {image}
look like this may hold.. I manually closed first 2 of 4 my short positions for now..
  • #14,079
  • Jan 8, 2018 12:46pm Jan 8, 2018 12:46pm
Pending Triggered, SL 2 Below the LOW
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A good trader follows his rules, but great trader knows when to break them
  • #14,080
  • Jan 8, 2018 12:59pm Jan 8, 2018 12:59pm
Quoting edyraper
{quote} Great {quote} Same boat. I expect a bit higher only.
I am trying to figure it out.
Looking at the yellow pitchfork, both outside hit 2 times.
The middle seems to work also although not that accurate yet.
Together with the downwards TL gives possible confluence.
139.4 ish is given on one applied on the monthly close.
It was also a major resistance level in 2009.
I am not sure at all.

Attached Image (click to enlarge)
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