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  • #17,921
  • Apr 20, 2018 11:26am Apr 20, 2018 11:26am
i was thinking as long as 2215 held 2575 had a shot.. closing over 2289 would have helped that view. 2289 still key.. chances have lessened.
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those who can, do. those who cant, talk about those who can
  • #17,922
  • Apr 20, 2018 11:47am Apr 20, 2018 11:47am
Daily is still overbought so I expect it'll make another attack to the down side.

I will not sell however. I still buy dips lower and lower. We will make a new high for sure.
  • #17,923
  • Apr 20, 2018 12:10pm Apr 20, 2018 12:10pm
Quoting edyraper
{quote} EU, Disaster,... {image} Ucad bounced as expected {image} GU, rejected from R {image} UJ, unknown,... most likely to break down to test year's lows {image} AU, buyer at up coming supports, {image} Gold unknown, likely to go higher later this year, I think we have had enough consolidation {image}
No changes in EU,
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Ucad, likely to stop at R and goes back down.
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GU, let's see the mild-support reaction there.

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UJ, dealing with the R currently
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AU, I'm buyer here (Check out AUD crosses all at peaks in larger tfs)
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  • #17,924
  • Apr 21, 2018 9:07am Apr 21, 2018 9:07am
How Institutions Position Themselves In Euro/Usd This Week

Until Tuesday, institutions were seen increasing their net long positions in Euro to a new record high, which was shown in the latest COT as of Tuesday, Apr 17, 2018.

The institutions net long Euro positions increased last week by 4,013 contracts to 151,476 contracts. A new record longs

2,485 long positions were added, and 1,528 short positions were closed . Now Longs total 238,829 contracts vs shorts total 87,353 contracts .

73% long exposure vs 27% short exposure,which the same as the previous week

Looking back by comparing to 12/26/2017 report, institutions have increased their long exposure from 64% to 73%, a 9% increase in longs
and reduced their shorts exposure from 36% to 27% , a 9% decrease in shorts year to date as of 4/17/2018

This week Euro started at 1.2320 on 4/10, hit low at 1.2302 rallied up to 1.2413 high on 4/17, closed at 1.2368

Euro has been staying in 1.22-1.24/1.25 range for the last 13 weeks

Longs continue being added and shorts being closed, it indicates institutions's intention to push price upwards.

Long Term Bullish , Short Term Likely Point To Higher

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.
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  • #17,925
  • Apr 21, 2018 9:38am Apr 21, 2018 9:38am
How Institutions Position Themselves In Bitcoin This Week

For Bitcoins, the latest COT as of Tuesday, Apr 17, 2018, institutions stay net short bitcoins and increased bearish bets by 162 bitcoins to net negative 1,883 bitcoins,

359 longs were closed and 197 shorts were closed as well, Now Longs total 3,409 bitcoins vs shorts total 5,292 bitcoins .

39% long exposure vs 61% short exposure , Longs dropped 2% and shorts added 2% from the previous week

This week Bitcoin started at 6,782 on 4/10, hit low at 6,653, then rallied up to 8,417 high on 4/15, closed at 7,890 on 4/17

Bearish bias remains...

Please note institutions take weeks and months to build a position. Bitcoin future exchange started a few months ago,
there were not enough data to analyze institutions long term view in crypto market.
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  • #17,926
  • Apr 22, 2018 11:49pm Apr 22, 2018 11:49pm
Looks like it's lurking for a reversal
  • #17,927
  • Apr 23, 2018 7:12am Apr 23, 2018 7:12am
Eur/Usd: Daily Market Trends Update 4/23/2018

Eur/Usd On 4/23/2018 at 8am est.. Boulder Multi Time Frame System:

1H, Downtrend, Trend stop at 1H close 1.2293, Running Period: 53x1H
4H, Downtrend, Trend stop at 4H close 1.2396, Running Period: 11 x 4H
Daily, Downtrend, Trend stop at day close 1.2414, Running Period: 12 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, I would say preference is to short as long as downtrend stop 1.2293 held at 1H close. However, Euro reached daily demand zone 1.2229-1.2154, Euro might stall here before ECB rate decision on Thur.


Support: S1 1.2256, S2 1.2227, S3 1.2180
Resistance: R1: 1.2312, R2 1.2341 , R3 1.2388

EA had 7 open positions for this cycle. I booked all profits along the way.
I closed last short at 1.2229 for good gains..
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  • #17,928
  • Apr 23, 2018 8:37am Apr 23, 2018 8:37am
Quoting edyraper
{quote} No changes in EU, {image} Ucad, likely to stop at R and goes back down. {image} GU, let's see the mild-support reaction there. {image} UJ, dealing with the R currently {image} AU, I'm buyer here (Check out AUD crosses all at peaks in larger tfs) {image}
EU coming to S
GU as well
UJ likely to pull back for bids, (not a fan tho)
AU a pull back could be shorted ( not a fan tho)
Ucad looking for shorts at R
Gold, looking for bids at supports
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  • #17,929
  • Apr 23, 2018 9:11am Apr 23, 2018 9:11am
Quoting gatorinla
i was thinking as long as 2215 held 2575 had a shot.. closing over 2289 would have helped that view. 2289 still key.. chances have lessened. {image}
Gator.. your 2215.. lets see it can hold...
I took a manual long close to here with 20 pips SL
  • #17,930
  • Apr 23, 2018 9:53am Apr 23, 2018 9:53am
Quoting Boulder
EA had 7 open positions for this cycle. I booked all profits along the way. I closed last short at 1.2229 for good gains.. {image}
Open @1.22705, S/L @1.25268, T/P @1.2255

Open @1.22633, S/L @1.24812, T/P @1.20452, closed @1.2229

Good gains ? I don't think so ...

R/R is < 1, i.e. 15 pips : 256 pips = 1 : 17 , and 34 pips : 218 pips = 1 : 6.4 ...
I am who I am
  • #17,931
  • Apr 23, 2018 10:43am Apr 23, 2018 10:43am
Quoting imwim
{quote} Open @1.22705, S/L @1.25268, T/P @1.2255 Open @1.22633, S/L @1.24812, T/P @1.20452, closed @1.2229 Good gains ? I don't think so ... R/R is < 1, i.e. 15 pips : 256 pips = 1 : 17 , and 34 pips : 218 pips = 1 : 6.4 ...
if you are in this thread long enough, you will see I don't use those SL and TP.... those are auto coded in with my ea.. I used 20x 1H adr for TP and SL..
.I do that for black swam event just in case...

My real stop loss is 1H trend stop.. I post every day at 8am est.. it s moving stop.. it changes with price and time at 1H close... I always let me positions to run for some hours..,, I exit most manually..not by TPs ..

Sorry for the confusion.. I hope this helps...
  • #17,932
  • Apr 23, 2018 11:00am Apr 23, 2018 11:00am
Quoting imwim
{quote} Open @1.22705, S/L @1.25268, T/P @1.2255 Open @1.22633, S/L @1.24812, T/P @1.20452, closed @1.2229 Good gains ? I don't think so ... R/R is < 1, i.e. 15 pips : 256 pips = 1 : 17 , and 34 pips : 218 pips = 1 : 6.4 ...
For your example..in reality is.. 9 hours ago..ea opened the short @1.22633, I see eu rallied up to 1.2289, so that is 26 pips DD..I manual closed short position at 1.2229 ..+34 pips gain.. I think its good gain to me.. I would stay longer if this is a early trend.. unfortunately this hourly downtrend has been running for over 54 some hours.. 50/50 chance it can be a reversal.. I am usually not greedy at the the end of trend...Hope this helps...
  • #17,933
  • Apr 23, 2018 12:02pm Apr 23, 2018 12:02pm
Quoting Boulder
{quote} For your example..in reality is.. 9 hours ago..ea opened the short @1.22633, I see eu rallied up to 1.2289, so that is 26 pips DD..I manual closed short position at 1.2229 ..+34 pips gain.. I think its good gain to me.. I would stay longer if this is a early trend.. unfortunately this hourly downtrend has been running for over 54 some hours.. 50/50 chance it can be a reversal.. I am usually not greedy at the the end of trend...Hope this helps...
I agree, your system is great, please accept my congratulations ...

Wish you to reach your first 1 mil from trading, soon ...
I am who I am
  • #17,934
  • Apr 23, 2018 6:03pm Apr 23, 2018 6:03pm
Quoting Boulder
{quote} Gator.. your 2215.. lets see it can hold... I took a manual long close to here with 20 pips SL
rung below 2289. is at 2195.. weed through some older post. I have some levels for 3495
those who can, do. those who cant, talk about those who can
  • #17,935
  • Apr 23, 2018 6:24pm Apr 23, 2018 6:24pm
Quoting micho
gonna be a ranging market in most pairs, not sure about the EU though which seems to be bearish. dont know how its possible but thats what i see so far. No new targets EU 1.191x UC 1.227x UJ 111.5x and 106.7x AN 1.100x GU 1.287x EJ 136.9x EC 1.492x and 1.577x EG 0.886x GJ 148.7x
No new targets
EU 1.191x
UC 1.227x
UJ 111.5x and 106.7x
AN 1.100x
GU 1.287x
EJ 136.9x
EC 1.492x and 1.577x
EG 0.886x
GJ 148.7x
When life gives you lemons, make lemonade
  • #17,936
  • Apr 24, 2018 1:10am Apr 24, 2018 1:10am
Quoting Don96
I'm with IC markets - 0 spread on EU most of the time and less than 0.2 on au uj uchf gu
And commission?

Thanks in advance
  • #17,937
  • Apr 24, 2018 2:00am Apr 24, 2018 2:00am
Quoting Happy_Sniper
{quote} And commission? Thanks in advance
$7 Per round lot, you can get $1.5 commission reduction from certain IBs.
  • #17,938
  • Apr 24, 2018 7:16am Apr 24, 2018 7:16am
Eur/Usd: Daily Market Trends Update 4/24/2018

Eur/Usd On 4/24/2018 at 8am est.. Boulder Multi Time Frame System:

1H, Uptrend, Trend stop at 1H close 1.2196, Running Period: 1x1H
4H, Downtrend, Trend stop at 4H close 1.2396, Running Period: 17 x 4H
Daily, Downtrend, Trend stop at day close 1.2408, Running Period: 13 days

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

Trading Strategy:


Currently 1H uptrend, 4H and daily downtrend. Euro may consolidate in a range trade. If you trade 1H trend, preference is to long as long as uptrend stop 1.2196 held at 1H close.

Support: S1 1.2182, S2 1.2156, S3 1.2115
Resistance: R1: 1.2232, R2 1.2258 , R3 1.2299

EA had 1st open long position for this cycle
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  • #17,939
  • Apr 24, 2018 7:20am Apr 24, 2018 7:20am
Quoting Boulder
Eur/Usd: Daily Market Trends Update 4/24/2018 Eur/Usd On 4/24/2018 at 8am est.. Boulder Multi Time Frame System: 1H, Uptrend, Trend stop at 1H close 1.2196, Running Period: 1x1H 4H, Downtrend, Trend stop at 4H close 1.2396, Running Period: 17 x 4H Daily, Downtrend, Trend stop at day close 1.2408, Running Period: 13 days ( Note: Those stops will change with hour close and price action) Trading Strategy: Currently 1H uptrend, 4H and daily downtrend. Euro may consolidate in a range trade. If you trade 1H trend, preference is to long as long as uptrend...
2201/2181 looks like a entry zone now.
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those who can, do. those who cant, talk about those who can
  • #17,940
  • Apr 24, 2018 7:25am Apr 24, 2018 7:25am
Quoting gatorinla
{quote} 2201/2181 looks like a entry zone now. {image}
I will add manual longs at these levels...thanks Gator...
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