The Swamp | Page 848 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #16,941
  • Feb 23, 2018 1:22pm Feb 23, 2018 1:22pm
Quoting MagSla
closed all positions @08. dont like pa. feels like its going 20ish before close. stil bearish but not gonna hold weekend and think ill get inn again higher. have a nice weekend gurus
Have a good weekend too....
I don't like pa either.. I don't care ea closes out all my positions here.... I want to end my misery...
  • #16,942
  • Feb 23, 2018 2:00pm Feb 23, 2018 2:00pm
Quoting Boulder
{quote} this is like water torture... 1h bulls just held their 7th test...
just survived 8th test...omg..
  • #16,943
  • Feb 23, 2018 2:06pm Feb 23, 2018 2:06pm
Quoting Boulder
{quote} just survived 8th test...omg..
for our Eur bulls..
Inserted Video
  • #16,944
  • Feb 23, 2018 2:12pm Feb 23, 2018 2:12pm
Quoting Boulder
{quote} Have a good weekend too.... I don't like pa either.. I don't care ea closes out all my positions here.... I want to end my misery...
make it stop! make it stop!!! ahhhh ...

on a side note ... can you share the way your ea calculates your moving stops? [understand if you say no]
  • #16,945
  • Feb 23, 2018 2:16pm Feb 23, 2018 2:16pm
Quoting kasper
{quote} make it stop! make it stop!!! ahhhh ... on a side note ... can you share the way your ea calculates your moving stops? [understand if you say no]
Nice maybe we can guess then she answer yes or no
Self discipline It is a practice
  • #16,946
  • Feb 23, 2018 2:18pm Feb 23, 2018 2:18pm
Quoting kasper
{quote} make it stop! make it stop!!! ahhhh ... on a side note ... can you share the way your ea calculates your moving stops? [understand if you say no]
its a program file.. similar like PSAR.. but using different calculations .. I don't know what 's behind it......
  • #16,947
  • Feb 23, 2018 2:19pm Feb 23, 2018 2:19pm
Quoting Boulder
{quote} its a program file.. similar like SAR.. but using different calculations .. I don't know what 's behind it......
My observation is (psar + h1 swing + candle close) for h1 trend (etc for h4 and daily)
Self discipline It is a practice
  • #16,948
  • Edited 3:05pm Feb 23, 2018 2:49pm | Edited 3:05pm
Just got COT report as of 2/20/2018, I see institutions slow down on profit taking on their Euro longs , which is the 4th week unwinding longs, they closed 1,512 lots longs and also closed 349 lots shorts. Longs cut by 1,163 lots this week.. not much change comparing to previous two weeks. . more info coming this weekend
  • #16,949
  • Feb 23, 2018 2:50pm Feb 23, 2018 2:50pm
Quoting Boulder
{quote} just survived 8th test...omg..
So you could have closed 8 times with a win
Greedy?

To your system:

I have a strong believe that a lot of systems can be used to gain profit, although I have never seen an EA surviving over time. Maybe yours is special
Personally I use a combo of rules and indies. Being a scalper I don´t look for the long runs and my workflow needs a lot of screen time. But it saves me big time. Although I can´t reach your pip counts I am content, made 310 pips without a single loss so far during February.
At the end of day I want my trades closed. I could not do this with longer runs.
Anyway, I wish you nothing but the best
  • #16,950
  • Feb 23, 2018 3:01pm Feb 23, 2018 3:01pm
Quoting CandleStar
{quote} So you could have closed 8 times with a win Greedy? To your system: I have a strong believe that a lot of systems can be used to gain profit, although I have never seen an EA surviving over time. Maybe yours is special Personally I use a combo of rules and indies. Being a scalper I don´t look for the long runs and my workflow needs a lot of screen time. But it saves me big time. Although I can´t reach your pip counts I am content, made 310 pips without a single loss so far during February. At the end of day I want my trades...
Thank you Candle Star for your comment, I am glad you are doing well...
I try to stay away from manual entries as much as possible....I let ea does its own things with stops.... I only manage position size and exits manually....
hope my ea will survive for a long run..
  • #16,951
  • Feb 23, 2018 3:07pm Feb 23, 2018 3:07pm
Enjoy your weekend, everyone....
talk to you later...
  • #16,952
  • Feb 23, 2018 3:17pm Feb 23, 2018 3:17pm
mixed feelings about closing my position but after eu/london, I was not happy with PA.
Looking at charts im still biased for futher short positions next week, back 2 the drawing desk and i guess i should be happy with 200+green pips this week.
this is closing kinda neutral no?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 23.jpg Size: 277 KB
  • #16,953
  • Feb 23, 2018 3:24pm Feb 23, 2018 3:24pm
Quoting MagSla
mixed feelings about closing my position but after eu/london, I was not happy with PA. Looking at charts im still biased for futher short positions next week, back 2 the drawing desk and i guess i should be happy with 200+green pips this week. this is closing kinda neutral no? {image}
Neutral? What ist that?
Today we were trapped into a triangle.
Unfortunately we are also trapped into a triangle on the Weekly TF.
Is that neutral?
We will have a breakout to one side, and the bottom is closer me thinks.
But I could also produce facts for the opposite.
I will wait for PA action next week
  • #16,954
  • Feb 23, 2018 3:36pm Feb 23, 2018 3:36pm
Quoting CandleStar
{quote} Neutral? What ist that? Today we were trapped into a triangle. Unfortunately we are also trapped into a triangle on the Weekly TF. Is that neutral? We will have a breakout to one side, and the bottom is closer me thinks. But I could also produce facts for the opposite. I will wait for PA action next week

Well in my newbish world this is neutral 50/50 both ways and i dont know where. ofc i never know where but atleast sometimes i got an opinion.
next week PA indeed -_^
  • #16,955
  • Feb 24, 2018 6:06am Feb 24, 2018 6:06am
A question about Si, for those how have tried it. It seems like the vast fortunes I have been able to make by upvoting and scribbling some stuff seem to be disappearing into thin air. I've received only one reward of 0.003 SP, since I started. And I've seen some cents on my posts, but when the 7 days is due, the rewards just vanish. Any idea where they go?

Thanks!
  • #16,956
  • Feb 24, 2018 6:29am Feb 24, 2018 6:29am
Quoting Happy_Sniper
A question about Si, for those how have tried it. It seems like the vast fortunes I have been able to make by upvoting and scribbling some stuff seem to be disappearing into thin air. I've received only one reward of 0.003 SP, since I started. And I've seen some cents on my posts, but when the 7 days is due, the rewards just vanish. Any idea where they go? Thanks!
Rewards go to your wallet after 7 days
  • #16,957
  • Feb 24, 2018 8:12am Feb 24, 2018 8:12am
Haven't seen them there. Quite weird.

Edit: Except once
  • #16,958
  • Feb 24, 2018 10:28am Feb 24, 2018 10:28am
How Institutions Position Themselves In Euro/Usd This Week

Until Tuesday, institutions were seen cutting their record long positions in Euro for the 4th consecutive week, which was shown in the latest COT as of Tuesday, Feb 20, 2018.
The institutions net long Euro positions decreased last week by 1,163 lots to 126,126 lots.

1,512 long positions were closed, and 349 short positions were closed as well. Now Longs total 229,273 lots vs shorts total 103,147 lots .
69% long exposure vs 31% short exposure, the same as previous week

This week from 2/14, the price first moved down to 1.2275 low and found support, then it rallied to 1.25 for third time, reached 1.2510 on 2/15 then 1.2555 on 2/16. But it got rejected once more , back down and closed at 1.2336 on 2/20 as of the report date.

Longs being closed, it indicates institutions continued profit taking on their long positions at 1.25s area
Small positions of shorts being closed at 1.22-1.23 support zone area,

Long term bullish but short term more to the downside

Please note institutions take weeks and months to build a position in the currency market. For Euro, they have built their net long positions since 5/9/2017.
Therefore, the bullish sentiment is more for long term outlook, not intended for short term trading.
Attached Image (click to enlarge)
Click to Enlarge Name: euro.png Size: 21 KB
  • #16,959
  • Feb 24, 2018 11:17am Feb 24, 2018 11:17am
How Institutions Position Themselves In Dollar This Week

For Dollar, the latest COT as of Tuesday, Feb 20, 2018, institutions decreased net bearish bets by 832 lots, this is the 3rd consecutive week net change was positve for the dollar

341 long positions were closed and 1,171 short positions were closed as well, Now Longs total 23,861 lots vs shorts total 25,799 lots .
48% long exposure vs 52% short exposure , Longs added 1% and shorts dropped 1% from the previous week

Dollar near term resistance at 90.50 and support at 88-89 area. Price has been in this range for five weeks

Once the daily resistatnce 90.50 proved tough to break. Some longs being closed,
More shorts being closed at 88-89 zone , which helped dollar moving up to challenge daily supply zone 90.5-91 .

Long term Bearish, Short term neutral, Wait for trend confirmation.

Please note institutions take weeks and months to build a position in the currency market. For dollar, they have been decreasing their net long positions for over a year
Therefore, the bearish sentiment is more for long term outlook, not intended for short term trading.
Attached Image (click to enlarge)
Click to Enlarge Name: dll.png Size: 20 KB
  • #16,960
  • Feb 24, 2018 11:20am Feb 24, 2018 11:20am
which website to read this? link pls?
Profit Maker
32 traders viewing now, 1 is registered: