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  • #20,201
  • Jun 21, 2018 9:37pm Jun 21, 2018 9:37pm
Eur/Usd: Key Target Levels For 6/22/2018 ,
( My EA targets are in bold)

For Shorts: L1: 1.1571 L2:1.1537 L3: 1.1479

For Longs: L1: 1.1641 L2:1.1670 L3: 1.1734

Currently @10pm est
1H Uptrend stop : 1.1524;
4H Downtrend stop : 1.1630
  • #20,202
  • Jun 21, 2018 10:32pm Jun 21, 2018 10:32pm
Quoting Boulder
Eur/Usd: Key Target Levels For 6/22/2018 , ( My EA targets are in bold) For Shorts: L1: 1.1571 L2:1.1537 L3: 1.1479 For Longs: L1: 1.1641 L2:1.1670 L3: 1.1734 Currently @10pm est 1H Uptrend stop : 1.1524; 4H Downtrend stop : 1.1630
12h was above L Close// new month pong now at 1855
those who can, do. those who cant, talk about those who can
  • #20,203
  • Jun 21, 2018 11:03pm Jun 21, 2018 11:03pm
Quoting gatorinla
{quote} 12h was above L Close// new month pong now at 1855
I am a ea sucker.. I just turned it back on ,,so I won't miss anything...., I just had a long triggered at 1614...
good luck , bulls...
  • #20,204
  • Jun 22, 2018 12:34am Jun 22, 2018 12:34am
Quoting ryder950
Close was way off L yesterday. Temp bullish. Adding to Long
No more adding - gotta see what happens now.
Back from the dead * ding fries are done *
  • #20,205
  • Jun 22, 2018 4:09am Jun 22, 2018 4:09am
Quoting ryder950
{quote} No more adding - gotta see what happens now.
all cash now. nice day on the pop
Back from the dead * ding fries are done *
  • #20,206
  • Jun 22, 2018 4:54am Jun 22, 2018 4:54am
Quoting gatorinla
looks like a rejection to me.. it still has 1h to change.. but its been above the day,week after being below 1553 close.. month at 1681.. if the retraces are shallow too.. Its never a sure thing.. I has the mo of a rejection so far.. 3 attempts were rejected if today holds. .. smaller norm at 1678 just below month's 1681.. quarters norm still above 1.2.. year end at 1.2001

Looks like it has rejected close to the level
  • #20,207
  • Edited 11:40am Jun 22, 2018 6:43am | Edited 11:40am
Eur/Usd: Daily Market Trends Update 6/22/2018

Eur/Usd On 6/22/2018 at 8am est.. Boulder Multi Time Frame System:

1H, Uptrend, Trend stop at 1H close 1.1580, Running Period: 22x1H
4H, Uptrend, Trend stop at 4H close 1.1528, Running Period: 1 x 4H
Daily, Downtrend, Trend stop at day close 1.1832, Running Period: 56 days.
Weekly, Downtrend, Trend stop at day close 1.2535, Running Period: 5 week


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

Trading Strategy:

Currently 1H and 4H uptrend, daily and weekly are downtrend. If you trade 1H trend, preference is to long as long as downtrend stop 1.1580 held at 1H close.

* typo before.. it is 1.1528 not 1.1628
  • #20,208
  • Jun 22, 2018 8:05am Jun 22, 2018 8:05am
possible turning point for USDCAD
When life gives you lemons, make lemonade
  • #20,209
  • Jun 22, 2018 10:52am Jun 22, 2018 10:52am
ADR is done for today. 11616 held for today and Gator's H4 will probably hold as well for the next hour. L Closed above previous one.
I would expect Uptrend to continue until 11720-11740 on Monday and Tuesday.

Have a nice weekend all! I am done for today.

Gator and Boulder, thank you very much for your everyday updates. It really helps me in my trading.

Kind regards,
Becks
  • #20,210
  • Jun 22, 2018 1:03pm Jun 22, 2018 1:03pm
Quoting micho
{quote} new targets in bold, targets reached are striked: EU 1.219x and 1.155x UC 1.227x UJ 111.5x and 106.7x AN 1.100x GU 1.287x, 1.396x EJ 1.263x and 136.9x EC 1.492x and 1.577x EG 0.886x and 0.868x
new targets in bold, targets reached are striked:
EU 1.219x
UC 1.227x and 1.334x
UJ 111.5x and 106.7x
AN 1.100x
GU 1.287x, 1.396x
EJ 1.263x and 136.9x
EC 1.492x and 1.577x
EG 0.886x and 0.868x
When life gives you lemons, make lemonade
  • #20,211
  • Jun 22, 2018 4:57pm Jun 22, 2018 4:57pm
How Institutions Position Themselves In Euro/Usd This Week

Until Tuesday, institutions continued to cut their Euro bullish bets for 9 weeks in a row , a massive drop in Euro longs which was shown in the latest COT as of Tuesday, June 19, 2018.

The institutions net long Euro positions decreased last week by 52,107 contracts to 36,118 contracts, the biggest bearish move in Euro since I tracked from 1/1/2017

45,933 long positions were closed, and 6,174 short positions were added as well . Now Longs total 190,684contracts vs shorts total 154,566 contracts .
55% long exposure vs 45% short exposure, which 6% decreased in longs and 6% increased in shorts from the previous week

This week Euro started at 1.1744 , rallied high to 1.1852 on 6/14, then Euro had impulsive move to the downside to the low 1.1531 on 19th , closed at 1.1587 on 6/19/2018

Massive longs being closed indicates they might think more drops from 1.15s range; Some Shorts being added, which might help to protect their longs
in case that prices head even lower

We see after COT report, Euro rallied back to the high 1.1674 today on 6/22/2018, next week it might head to daily supply zone 1.1740-1.1850 that could cause some problems.

Long Term Going Bearish, Short Term Due For Limited Recovery

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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  • #20,212
  • Jun 23, 2018 4:24am Jun 23, 2018 4:24am
so if EURUSD goes up in the next days:

 

  1. EURCAD could go up then USDCAD could either go up and down, then what about crude oil as it seems to be bullish as well, will it drag the USDCAD up with her?
  2. EURJPY could go up then could GPBJPY go up too?
  3. Last the two tricky pairs that switch convergence with EURUSD depending on events, what will happen to EURGPB and USDJPY?

lot of exitment waiting for us

When life gives you lemons, make lemonade
  • #20,213
  • Jun 23, 2018 6:52am Jun 23, 2018 6:52am
Quoting Boulder
How Institutions Position Themselves In Euro/Usd This Week Until Tuesday, institutions continued to cut their Euro bullish bets for 9 weeks in a row , a massive drop in Euro longs which was shown in the latest COT as of Tuesday, June 19, 2018. The institutions net long Euro positions decreased last week by 52,107 contracts to 36,118 contracts, the biggest bearish move in Euro since I tracked from 1/1/2017 45,933 long positions were closed, and 6,174 short positions were added as well . Now Longs total 190,684contracts vs shorts total 154,566 contracts...
I closed mine Friday before I left town. I left a pending short 1680. Stop at 7 pips. I shouldn’t be on much next week. I will take a week off. Tp should be 159x or >. If the cot is right , it may double top around 1678/81. My pending waits. I still have pending longs around 1446/47
those who can, do. those who cant, talk about those who can
  • #20,214
  • Edited Jun 24, 2018 10:31am Jun 23, 2018 1:18pm | Edited Jun 24, 2018 10:31am
@Gatorinla @Boulder, and all other who trade bit coins please give your input use your FF log in


https://www.cryptocraft.com/

Members Lounge section
https://www.cryptocraft.com/showthread.php?t=777699

Edit: This is Forex Factory new beta web site for Crypto only low to high impact members can log in
  • #20,215
  • Jun 23, 2018 4:27pm Jun 23, 2018 4:27pm
Pending BUY
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A good trader follows his rules, but great trader knows when to break them
  • #20,216
  • Jun 24, 2018 6:31am Jun 24, 2018 6:31am
bitcoin should touch blue line again at 113xx
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When life gives you lemons, make lemonade
  • #20,217
  • Jun 24, 2018 6:40am Jun 24, 2018 6:40am
Quoting Boulder
{quote} I may discontinue what i have been doing.. i may focus on my scalp ea instead.. so i can sleep better at night.... here is todays since 8am est.. ea only trades from 8am to 12 at noon est.. no overnight positions... {image}
Unreal / out of my imagination, EA has opened 4 different trades in only 4 seconds (16:00:00, 16:00:01, 16:00:02 and 16:00:03) ...

Obviously this is an EA's bug, due to broker slippage ...
I am who I am
  • #20,218
  • Jun 24, 2018 8:48am Jun 24, 2018 8:48am
Quoting imwim
{quote} Unreal / out of my imagination, EA has opened 4 different trades in only 4 seconds (16:00:00, 16:00:01, 16:00:02 and 16:00:03) ... Obviously this is an EA's bug, due to broker slippage ...
Hey Imwim.. actually they are not EA's bug.. that was how I designed my EA... its called Leg-In trades...I can open many trades I want for the first trigger. I choose 4 for this trades. then I add more trades in the direction of the initial trade for more profit if the trend continues.....
hope my information will help you somehow and open your mind..... there are a lot of ways you can make money trading...
  • #20,219
  • Jun 24, 2018 11:54am Jun 24, 2018 11:54am
Quoting Boulder
{quote} Hey Imwim.. actually they are not EA's bug.. that was how I designed my EA... its called Leg-In trades...I can open many trades I want for the first trigger. I choose 4 for this trades. then I add more trades in the direction of the initial trade for more profit if the trend continues..... hope my information will help you somehow and open your mind..... there are a lot of ways you can make money trading...
FF search for the Leg keyword in your old posts gives me only 3 results without any details for what Leg-In trades means, but for the EAs 4 trades opened at the first trigger I don't see even a mean price better than the open price of the first trade...

I think you have designed a kind of VWAP-In trades, but the output is not as expected...
I am who I am
  • #20,220
  • Jun 24, 2018 4:00pm Jun 24, 2018 4:00pm
Quoting imwim
{quote} FF search for the Leg keyword in your old posts gives me only 3 results without any details for what Leg-In trades means, but for the EAs 4 trades opened at the first trigger I don't see even a mean price better than the open price of the first trade... I think you have designed a kind of VWAP-In trades, but the output is not as expected...
My scalp ea has nothing to do with vwap.... but I do't want to go into more details... since I have no desire to promote my ea and my trades here in swamp.. I join swamp with one purpose and one purpose only.. that is to learn from Gator...to be a better trader like him....therefore I really don't want to waste your time and my time to talk about my ea and how I trade..... I hope you understand... ...
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