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The Swamp

  • #17,901
  • Apr 19, 2018 1:42pm Apr 19, 2018 1:42pm
Quoting Boulder
{quote} like you comment on Euro.. its annoying...
EU ranged 380 ish pips since January,
And, take GA for example, 1,400 pips uptrend since January...
  • #17,902
  • Apr 19, 2018 1:50pm Apr 19, 2018 1:50pm
Quoting edyraper
{quote} EU ranged 380 ish pips since January, And, take GA for example, 1,400 pips uptrend since January...
yes.. between 2200-2500,.. mostly between 2200-2400, institutions support this range,,,it seems they accumulate more longs during this time .. they want to push price higher,,,if they give up and decide to unwind.. there will be epic shorts ....
  • #17,903
  • Apr 19, 2018 11:29pm Apr 19, 2018 11:29pm
Quoting Boulder
{quote} yes.. between 2200-2500,.. mostly between 2200-2400, institutions support this range,,,it seems they accumulate more longs during this time .. they want to push price higher,,,if they give up and decide to unwind.. there will be epic shorts ....
Hey Boulder - do I remember you saying you’d set up an IC Markets account, and if so how are you getting on with them? I’ve just seen they offer zero spread on EU...?
Focus.
  • #17,904
  • Apr 19, 2018 11:36pm Apr 19, 2018 11:36pm
Quoting Marco-Kanto
{quote} Hey Boulder - do I remember you saying you’d set up an IC Markets account, and if so how are you getting on with them? I’ve just seen they offer zero spread on EU...?
I really like IC markets.. they have low spread.. their service is great.. unfortunately they don't accept US citizens. I have to send my money to my relative, a non US citizen to put in his account.... just not convenient for me any more with money transferring after a few months ,,,I discontinued the service..
If you can have it access, i recommend you to give it a try......
  • #17,905
  • Apr 19, 2018 11:54pm Apr 19, 2018 11:54pm
Quoting Boulder
{quote} I really like IC markets.. they have low spread.. their service is great.. unfortunately they don't accept US citizens. I have to send my money to my relative, a non US citizen to put in his account.... just not convenient for me any more with money transferring after a few months ,,,I discontinued the service.. If you can have it access, i recommend you to give it a try......
Thanks Boulder.
Focus.
  • #17,906
  • Apr 20, 2018 12:38am Apr 20, 2018 12:38am
Quoting Marco-Kanto
{quote} Hey Boulder - do I remember you saying you’d set up an IC Markets account, and if so how are you getting on with them? I’ve just seen they offer zero spread on EU...?
I'm with them too. They provide good service and if you choose true ecn for account type, you get the low spread
  • #17,907
  • Apr 20, 2018 4:25am Apr 20, 2018 4:25am
Quoting ws121
{quote} I'm with them too. They provide good service and if you choose true ecn for account type, you get the low spread

Mate , true ECN =?

  • #17,908
  • Apr 20, 2018 4:31am Apr 20, 2018 4:31am
There are bounces to go long. Overall trend still up but doesn't rule out a dip to 1.2050.

If we close below 1.2270 today then we maybe heading towards 2050.

1.2276 looks interesting for a long. It's also the rising weekly trendline.
  • #17,909
  • Apr 20, 2018 4:39am Apr 20, 2018 4:39am
Quoting F.g
{quote} Mate , true ECN =?
They seem to think they can offer a price with no spread on EU. This would suggest ECN but perhaps they just don't earn on EU and use it as a marketing vehicle.
Focus.
  • #17,910
  • Apr 20, 2018 4:46am Apr 20, 2018 4:46am
I'm with IC markets - 0 spread on EU most of the time and less than 0.2 on au uj uchf gu
  • #17,911
  • Apr 20, 2018 6:30am Apr 20, 2018 6:30am
Eur/Usd On 4/20/2018 at 8am est.. Boulder Multi Time Frame System:

1H, Downtrend, Trend stop at 1H close 1.2363, Running Period: 27x1H
4H, Downtrend, Trend stop at 4H close 1.2396, Running Period: 5 x 4H
Daily, Downtrend, Trend stop at day close 1.2414, Running Period: 11 days

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

Trading Strategy:


Currently 1H, 4H and daily all downtrend. If you trade 1H trend, preference is to short as long as downtrend stop 1.2363 held at 1H close.


Support: S1 1.2324, S2 1.2304, S3 1.2272
Resistance: R1: 1.2363, R2 1.2383 , R3 1.2415

EA had 4 open positions for this cycle. I booked 2 profits yesterday.
here are 2 other open since
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  • #17,912
  • Apr 20, 2018 6:49am Apr 20, 2018 6:49am
Quoting Boulder
{quote} yes.. between 2200-2500,.. mostly between 2200-2400, institutions support this range,,,it seems they accumulate more longs during this time .. they want to push price higher,,,if they give up and decide to unwind.. there will be epic shorts ....
hope these are the epic shorts we are waiting for... price went to 2400 , got rejected 5th times for 2500 try.....
Dollar once again over 90, currently 90.12... if dollar can break the weekly resistance 90.50-91... we are on our way to break Euro 2200 support...
  • #17,913
  • Apr 20, 2018 6:56am Apr 20, 2018 6:56am
Quoting Boulder
{quote} hope these are the epic shorts we are waiting for... price went to 2400 , got rejected 5th times for 2500 try..... Dollar once again over 90, currently 90.12... if dollar can break the weekly resistance 90.50-91... we are on our way to break Euro 2200 support...
its reached 2314, that same 2289 rung is here. The higher at 2520.. between them is 2404. see it your smaller signals turn bullish from 2289 ish. experimentation
those who can, do. those who cant, talk about those who can
  • #17,914
  • Apr 20, 2018 7:25am Apr 20, 2018 7:25am
Quoting gatorinla
{quote} its reached 2314, that same 2289 rung is here. The higher at 2520.. between them is 2404. see it your smaller signals turn bullish from 2289 ish. experimentation
Pivot support is at 2285. Around there to 2276 is trendline support. So a heavy confluence area... 100ma also at 2276 ish in line with uptrend.

I will try a long there and keep stops around 1.2260. Better safe than sorry - can always be wrong
  • #17,915
  • Apr 20, 2018 7:38am Apr 20, 2018 7:38am
2285-2289 last time was a bounce. could bounce here on retest
  • #17,916
  • Apr 20, 2018 8:11am Apr 20, 2018 8:11am
Quoting Boulder
Eur/Usd On 4/20/2018 at 8am est.. Boulder Multi Time Frame System: 1H, Downtrend, Trend stop at 1H close 1.2363, Running Period: 27x1H 4H, Downtrend, Trend stop at 4H close 1.2396, Running Period: 5 x 4H Daily, Downtrend, Trend stop at day close 1.2414, Running Period: 11 days ( Note: Those stops will change with hour close and price action) Trading Strategy: Currently 1H, 4H and daily all downtrend. If you trade 1H trend, preference is to short as long as downtrend stop 1.2363 held at 1H close. Support: S1 1.2324, S2 1.2304, S3 1.2272 Resistance:...
closed out the two shorts here 2291.. +85 pips
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  • #17,917
  • Apr 20, 2018 9:50am Apr 20, 2018 9:50am
Can't believe how strong this move is... not even blinking... all scalpers for even a small retrace are getting smacked on the neck
  • #17,918
  • Apr 20, 2018 10:04am Apr 20, 2018 10:04am
Quoting gatorinla
{quote} I still think 2421 area should act as R. It 2506, and 2520 need a close above to start. That's 100 pips to get past. That takes a strong move. That's why I think a run and start from 2314 or less needed. Range between, 2289/2520 2404 in the middle..
Not calling pa bullish.. if 2215 held.. a setup for 2575 may develop. I kinda would like to see a close above 2289 to give it any chance in the next 30 minutes.
those who can, do. those who cant, talk about those who can
  • #17,919
  • Apr 20, 2018 10:07am Apr 20, 2018 10:07am
London is trying to close back above the just broken uptrend line. If it does the buy dips again.

I didn't buy at 1.2375.. it broke straight away. Waiting for this London close to
  • #17,920
  • Apr 20, 2018 10:15am Apr 20, 2018 10:15am
Quoting Boulder
{quote} hope these are the epic shorts we are waiting for... price went to 2400 , got rejected 5th times for 2500 try..... Dollar once again over 90, currently 90.12... if dollar can break the weekly resistance 90.50-91... we are on our way to break Euro 2200 support...
dollar just hit high 90.48.. it may get rejected again by weekly supply zone 90.50-91 like last 10 weeks...lets wait to see....
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