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The Swamp

  • #17,181
  • Edited 5:14am Mar 2, 2018 4:46am | Edited 5:14am
Quoting gatorinla
I placed a eur/usd short pending at 2289, stop 2295. Maybe I should place it at 2295 and stop 2301. Anyway, tp 2175, but playing it by ear. Tariffs announced weakened equity markets. The lower day close, usually test the lows below 2190. The tariffs may have messed things up. Still a possible long below 2190. I don't know. 2289 is a level I am using. You never know what will contradict today's tariff news. Wax on, Wax off nut.
Quoting Angelina
{quote} Dont want to wait for pre L with the last spike then catch it? let do it 2295/2305 Gator hihi I know WO at 2293 but it could spike to 2295 then drop
anyone in S yet?
I chickened out and raised my entry to 2309 (D R1), sl 2322

I probably missed it

got filled at 2311

Doesn't look good atm
  • #17,182
  • Mar 2, 2018 5:13am Mar 2, 2018 5:13am
Quoting Angelina
{quote} Dont want to wait for pre L with the last spike then catch it? let do it 2295/2305 Gator hihi I know WO at 2293 but it could spike to 2295 then drop
yeah,,, 2318 is the week. bulls have a chance to reject yesterday's 2190 and last week's 2318.
those who can, do. those who cant, talk about those who can
  • #17,183
  • Mar 2, 2018 5:26am Mar 2, 2018 5:26am
it poked through 2318... some possible pullback here. if today L closes above 2318. its what happened 2-3 weeks ago after 255x. But on the bull side. You cant chart what happened yesterday. Nobody knew a trade/cold war may have started.
those who can, do. those who cant, talk about those who can
  • #17,184
  • Mar 2, 2018 5:54am Mar 2, 2018 5:54am
Quoting gatorinla
it poked through 2318... some possible pullback here. if today L closes above 2318. its what happened 2-3 weeks ago after 255x. But on the bull side. You cant chart what happened yesterday. Nobody knew a trade/cold war may have started.
correct me please if I'm wrong or ignorant.. if the pullback is gonna happen, doesn't it usually happen quickly?
if so, and since it didn't happen after 40+ minutes of reaching 2318, would you assume the pullback is unlikely to happen?
  • #17,185
  • Mar 2, 2018 6:12am Mar 2, 2018 6:12am
Eur/Usd: Daily Market Trends Update 3/2/2018

Eur/Usd On 3/2/2018 at 8am est.. Boulder Multi Time Frame System:

1H, Uptrend, Trend stop at 1H close 1.2218, Running Period: 20x1H
4H, Downtrend, Trend stop at 4H close 1.2322, Running Period: 48 x 4H
Daily, Downtrend, Trend stop at day close 1.2496, Running Period: 3 days

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

Trading Strategy:

Currently 1H uptrend, 4H and daily downtrend. a mix signal. If you trade 1H trend, preference is to long positions as long as Uptrend stop 1.2218 held at 1H close.
I see we just tested 4H downtrend stop at 1.2322, it held , 2 hours to go for 4H close..

Long targets today: 1.2306, 1.2339 and 1.2395


Open positions:

EA had 2 longs triggered so far for this cycle, at 1.2307, +107 pips running profit
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  • #17,186
  • Mar 2, 2018 6:27am Mar 2, 2018 6:27am
Quoting edyraper
{quote} Up nearly 80 pips {image}
I’ll take some off at 2355-+ for +200 pips...
  • #17,187
  • Mar 2, 2018 6:28am Mar 2, 2018 6:28am
Quoting ws121
{quote} correct me please if I'm wrong or ignorant.. if the pullback is gonna happen, doesn't it usually happen quickly? if so, and since it didn't happen after 40+ minutes of reaching 2318, would you assume the pullback is unlikely to happen?
not this particular one.. u still got 4 hours for 2190 for day. all the week has to do it remain below 2318.. bulls may have other plans, above 2318+. I haven't ever traded in the face of tariffs announced one day. May be changed at any second the other way in a tweet. The market seems to be acting like a schizophrenic, meth-addict, schoolgirl, with daddy issues. Has got a hold to pounds laced crack, and daddy's liqueur cabinet. And is set on tweeting the equity markets to 0. Just a rumor, either that or all is normal.
those who can, do. those who cant, talk about those who can
  • #17,188
  • Mar 2, 2018 6:28am Mar 2, 2018 6:28am
Quoting edyraper
{quote}Either way a bounce to 2350 ish would give enough room to book some and BE the rest.
I’ll see...
  • #17,189
  • Mar 2, 2018 6:29am Mar 2, 2018 6:29am
Dollar: Daily Market Trends Update 3/2/2018

USDX On 3/2/2018 at 8am est. Boulder Multi Time Frame System:

1H, Downtrend, Trend stop at 1H close 90.62, Running Period: 18 hours
4H, Uptrend, Trend stop at 4H close 89.76, Running Period: 26 x 4H
Daily, Uptrend, Trend stop at day close 88.79, Running Period: 2 days
Weekly,Downtrend,Trend stop at week close 95.02, Running Period: 44 weeks

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

Trading Strategy:

Currently 1H downtrend, 4H and daily Uptrend. If you trade dollar pairs ( ex U/J), preference is to short dollar. Since its a mix signal, be careful when dollar comes close to 4H uptrend stop at 89.76. (exit?) Dollar currently at 89.91

Short targets today: 90, 89.80 and 89.47
  • #17,190
  • Mar 2, 2018 6:33am Mar 2, 2018 6:33am
Quoting Maximizer
{quote} Could it be bullish instead?
If it breaks 2355, personally, I will call it bullish and head up to 2555 R
But I will wait for 4h/daily candle close above 2355 first and see how far it goes then I will place a long order for the pull back.
  • #17,191
  • Mar 2, 2018 6:39am Mar 2, 2018 6:39am
Quoting gatorinla
{quote} not this particular one.. u still got 4 hours for 2190 for day. all the week has to do it remain below 2318.. bulls may have other plans, above 2318+. I haven't ever traded in the face of tariffs announced one day. May be changed at any second the other way in a tweet. The market seems to be acting like a schizophrenic, meth-addict, schoolgirl, with daddy issues. Has got a hold to pounds laced crack, and daddy's liqueur cabinet. And is set on tweeting the equity markets to 0. Just a rumor, either that or all is normal.
wow
however, thanks for that
  • #17,192
  • Mar 2, 2018 6:45am Mar 2, 2018 6:45am
Quoting gatorinla
{quote} not this particular one.. u still got 4 hours for 2190 for day. all the week has to do it remain below 2318.. bulls may have other plans, above 2318+. I haven't ever traded in the face of tariffs announced one day. May be changed at any second the other way in a tweet. The market seems to be acting like a schizophrenic, meth-addict, schoolgirl, with daddy issues. Has got a hold to pounds laced crack, and daddy's liqueur cabinet. And is set on tweeting the equity markets to 0. Just a rumor, either that or all is normal....
is that called ranting? ... lol.. I just got up.. too early for me for that...
Gator... meditate.. ...
  • #17,193
  • Mar 2, 2018 6:47am Mar 2, 2018 6:47am
Quoting Boulder
{quote}is that called ranting? ... lol.. I just got up.. too early for me for that...
by the way,, 4H may held its stop at 2322 today...
  • #17,194
  • Edited 8:03am Mar 2, 2018 6:56am | Edited 8:03am
Quoting Angelina
{quote} My first one will be 2205. 2173/2055 levels for me to catch the swing.
My 2173 is minor support but looks like strong support now, the day never closed below that level. Got the plan but did not jump in
I think we have no chance to see strong support at 2055 if it breaks 2355. But 2355 hold, we have chance for retest bottom low and 2055
For the down side, EU needs to close below 2205, for the bull, it needs to close above 2355.

EU is facing to R zone now from 2307-2355!
  • #17,195
  • Mar 2, 2018 7:05am Mar 2, 2018 7:05am
Quoting edyraper
{quote} I’ll take some off at 2355-+ for +200 pips...
for you, Edy.....it is like your trading.....
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  • #17,196
  • Mar 2, 2018 7:16am Mar 2, 2018 7:16am
looking 2 close position before weekend. nice 120 pips since yesterday, even if its just 1/4 of a poss. guess i had 2 tight SL but overprotective.
anyway green pips is still green
  • #17,197
  • Mar 2, 2018 7:25am Mar 2, 2018 7:25am
Quoting MagSla
looking 2 close position before weekend. nice 120 pips since yesterday, even if its just 1/4 of a poss. guess i had 2 tight SL but overprotective. anyway green pips is still green
I closed one at 2318 in one account due to 4H downtrend stop 2322... not sure it can break..... +42 pips
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  • #17,198
  • Mar 2, 2018 8:11am Mar 2, 2018 8:11am
Quoting Angelina
{quote} Dont tell me that 2287 is topped for today
yeah, it treated me great!
I want to see 2258/2238 first, hope that we will see it at the end of the day!
I really do not want to see it tests 2355, my greedy will be on when it goes up there
  • #17,199
  • Mar 2, 2018 8:12am Mar 2, 2018 8:12am
Quoting ws121
{quote} {quote} anyone in S yet? I chickened out and raised my entry to 2309 (D R1), sl 2322 I probably missed it got filled at 2311 Doesn't look good atm
Yub, some!
As I said it is in R zone 2307-2355 already!

Quoting Angelina
{quote} yeah, it treated me great! I want to see 2258/2238 first, hope that we will see it at the end of the day! I really do not want to see it tests 2355, my greedy will be on when it goes up there

2311 atm
  • #17,200
  • Mar 2, 2018 8:18am Mar 2, 2018 8:18am
Quoting gatorinla
{quote} yeah,,, 2318 is the week. bulls have a chance to reject yesterday's 2190 and last week's 2318.
I got 76.4 at 2319
Great level for short against any closes above 2355
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