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The Swamp

  • #18,221
  • May 4, 2018 11:47am May 4, 2018 11:47am
Quoting kasper
{quote} And the hour close just popped your 1956 ... Wonder where we go from here. @angelina .. good job scalping against trend. Mine got stopped out on that pull back from 1.195
disregard 1956 now... use 1928 now and 1917.. 1.2000/01
those who can, do. those who cant, talk about those who can
  • #18,222
  • May 4, 2018 12:00pm May 4, 2018 12:00pm
Quoting Boulder
{quote} hey, I will email you some info .... 48
hard drive giving error hp001
those who can, do. those who cant, talk about those who can
  • #18,223
  • May 4, 2018 12:14pm May 4, 2018 12:14pm
Quoting gatorinla
{quote} disregard 1956 now... use 1928 now and 1917.. 1.2000/01
May I ask where you are getting 1928 and 1917 from? 17 is the lowest close on the 15m and 28 is the lowest close on the hour. That's all I have for reasons
  • #18,224
  • May 5, 2018 6:40am May 5, 2018 6:40am
I closed the remainder of my longs b4 new york closed.
i left pending longs eu 1917, 1910 for open. london close remained bearish, against 1917 support. I suspect the drop now with a lower month week day close is still strong. But 1917 may allow some bounce or more. I don't know how strong 1917 area will be. the day close indicated to me, that it will be tested again monday.
those who can, do. those who cant, talk about those who can
  • #18,225
  • May 6, 2018 6:31pm May 6, 2018 6:31pm
How Institutions Position Themselves In Dollar This Week

For Dollar, the latest COT as of Tuesday, May 1, 2018, institutions cut bearish bets by 47 contracts to net short 1,734

2,866 longs were added, 2,819 shorts were added as well, Now Longs total 24,780 contracts vs shorts total 26,514 contracts .

48% long exposure vs 52% short exposure , same percent exposure for last 4 weeks

Dollar broke out of long term resistance 90.50 two weeks ago, currently testing weekly downtrend stop 92.69. Dollar has been in weekly downtrend since 4/23/2017 week

Adding the same amount of longs and shorts this week, no clear indications as of what direction the institutions like to push the price.

Long term bearish, Short term test weekly resistance , price may come down

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.
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  • #18,226
  • May 7, 2018 3:57am May 7, 2018 3:57am
Quoting gatorinla
I closed the remainder of my longs b4 new york closed. i left pending longs eu 1917, 1910 for open. london close remained bearish, against 1917 support. I suspect the drop now with a lower month week day close is still strong. But 1917 may allow some bounce or more. I don't know how strong 1917 area will be. the day close indicated to me, that it will be tested again monday.
amazing , your prediction works the way you said always........
  • #18,227
  • May 7, 2018 4:19am May 7, 2018 4:19am
Eur/Usd: Daily Market Trends Update 5/7/2018

Eur/Usd On 5/7/2018 at 8am est.. Boulder Multi Time Frame System:

1H, Downtrend, Trend stop at 1H close 1.1980, Running Period: 122x1H
4H, Downtrend, Trend stop at 4H close 1.2010, Running Period: 71 x 4H
Daily, Downtrend, Trend stop at day close 1.2403, Running Period: 21 days

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

Trading Strategy:

Currently 1H, 4H and daily downtrend. If you trade 1H trend, preference is to short as long as downtrend stop 1.1980 held at 1H close. Using time stop. 1H downtrend is overextended with 122 running hours for this cycle. Using positioning, EA had 12 short positions triggered for this cycle comparing to normal 10 positions or less. Therefore very high possibility H1 trend may reverse to uptrend very soon due to the extreme.

Support: S1 1.1935, S2 1.1912, S3 1.1873
Resistance: R1: 1.1982, R2 1.2006 , R3 1.2044
  • #18,228
  • May 7, 2018 7:01am May 7, 2018 7:01am
Quoting gatorinla
I closed the remainder of my longs b4 new york closed. i left pending longs eu 1917, 1910 for open. london close remained bearish, against 1917 support. I suspect the drop now with a lower month week day close is still strong. But 1917 may allow some bounce or more. I don't know how strong 1917 area will be. the day close indicated to me, that it will be tested again monday.
I am long... but i need a L close above 1929.. Or my trade is likely to be in trouble. I may add above with the 1929 close, or close if I don't get it. The trend is against me. the month week and day closes are against me.
those who can, do. those who cant, talk about those who can
  • #18,229
  • May 7, 2018 7:06am May 7, 2018 7:06am
Quoting Boulder
{quote} amazing , your prediction works the way you said always........
1928.3.. is the number.. I posted 1929,,
those who can, do. those who cant, talk about those who can
  • #18,230
  • May 7, 2018 7:12am May 7, 2018 7:12am
1928 may look to act as some R... the close in 1.5 hrs will count -+1928
those who can, do. those who cant, talk about those who can
  • #18,231
  • May 7, 2018 7:50am May 7, 2018 7:50am
Quoting gatorinla
{quote} 1928.3.. is the number.. I posted 1929,,
here you go, it's just got touched
  • #18,232
  • May 7, 2018 8:12am May 7, 2018 8:12am
Quoting gatorinla
1928 may look to act as some R... the close in 1.5 hrs will count -+1928
GU just switched to 1H uptrend .. hope EU follows soon....within 24 hours..
  • #18,233
  • May 7, 2018 8:21am May 7, 2018 8:21am
i dont know what systems you are using, we will hit 1.219x sooner or later, usually within within few months. i dont see any short setup on EU and will not short here unless i see a setup.
When life gives you lemons, make lemonade
  • #18,234
  • May 7, 2018 8:29am May 7, 2018 8:29am
Quoting Boulder
{quote} GU just switched to 1H uptrend .. hope EU follows soon....within 24 hours..
Although GU closing broke the h1 down trend but it looks weak. The previous H1 uptrend is also higher than the current h1 uptrend. I will have to wait 1 more hour for confirmation. “Tricky sigh”
Also before EU can break the mother H1 1.1980 it got to close above the baby trend stop 1.1935
Self discipline It is a practice
  • #18,235
  • May 7, 2018 8:30am May 7, 2018 8:30am
Quoting micho
i dont know what systems you are using, we will hit 1.219x sooner or later, usually within within few months. i dont see any short setup on EU and will not short here unless i see a setup.
.. the short setup started 125 hours ago.. that was around 5am est on 4/30/2018 ... the downtrend is coming to end of the cycle...I have to wait to see bulls can really take it over.. I am still waiting for my ea longs to trigger....
  • #18,236
  • May 7, 2018 8:33am May 7, 2018 8:33am
Quoting Boulder
{quote} .. the short setup started 125 hours ago.. that was around 5am est on 4/30/2018 ... the downtrend is coming to end of the cycle...I have to wait to see bulls can really take it over.. I am still waiting for my ea longs to trigger....
boulder what should i do if 2mg stops working? should i double it?
When life gives you lemons, make lemonade
  • #18,237
  • May 7, 2018 8:34am May 7, 2018 8:34am
Quoting okshop
{quote} Although GU closing broke the h1 down trend but it looks weak. The previous H1 uptrend is also higher than the current h1 uptrend. I will have to wait 1 more hour for confirmation. “Tricky sigh” Also before EU can break the mother H1 1.1980 it got to close above the baby trend stop 1.1935
after such a long run in downtrend.. it definitely won't do a 180 degree reverse up .. it will be consolidating for some time ...
  • #18,238
  • May 7, 2018 8:37am May 7, 2018 8:37am
Quoting micho
{quote} boulder what should i do if 2mg stops working? should i double it?
lol micho...no. don't kill yourself by overdose.,,....
  • #18,239
  • May 7, 2018 8:41am May 7, 2018 8:41am
Quoting gatorinla
{quote} I am long... but i need a L close above 1929.. Or my trade is likely to be in trouble. I may add above with the 1929 close, or close if I don't get it. The trend is against me. the month week and day closes are against me.
things may change tomorrow. but today. 2928 stopped it.
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those who can, do. those who cant, talk about those who can
  • #18,240
  • May 7, 2018 8:45am May 7, 2018 8:45am
Quoting Boulder
{quote} lol micho...no. don't kill yourself by overdose.,,....
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When life gives you lemons, make lemonade
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