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  • #21,001
  • Jul 31, 2018 10:58am Jul 31, 2018 10:58am
Quoting Boulder
{quote} hope so...I want to short again at 1742...
<1553>-+ <1755.5> <1598 softer> range between.. b/o on L day close.
<1755.5>-+ <1621> week b/o o L week close
Month <1681>-+ <1683>
All time <1670> maybe us month or higher.
those who can, do. those who cant, talk about those who can
  • #21,002
  • Jul 31, 2018 11:30am Jul 31, 2018 11:30am
Quoting Magicmen
OANDA charts are lagging. Anyone experience the same? {image}
For a few hours, when restarting Oanda Desktop, it can be readed the message : Market closed Hiding enabled ...

Obviously, it was a technical problem, solved in the meantime...
I am who I am
  • #21,003
  • Jul 31, 2018 1:06pm Jul 31, 2018 1:06pm
Quoting Boulder
Eur/Usd: Daily Market Trends Update 7/31/2018 Eur/Usd On 7/31/2018 at 8am est.. Boulder Multi Time Frame System: 1H, Uptrend, Trend stop at 1H close 1.1699, Running Period: 47x1H 4H, Downtrend, Trend stop at 4H close 1.1733, Running Period: 16 x 4H Daily, Downtrend, Trend stop at day close 1.1755, Running Period: 82 days. Weekly, Downtrend, Trend stop at day close 1.2411, Running Period: 9week ( Note: Those stops will change with hour close and price action) Trading Strategy: Currently we are testing 4H downtrend stop 1733, one hour and 10 mins...
1H uptrend failed to hold its stop at the 1H close.. I have shorts triggered for the new cycle from two systems

System 1 , Avg target 50 pips ..
System 2 , target 1600 or using time stop.. with 1H downtrend stop 1733
Attached Image (click to enlarge)
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  • #21,004
  • Jul 31, 2018 2:55pm Jul 31, 2018 2:55pm
not much movement for a few hours...waiting...

Inserted Video
  • #21,005
  • Jul 31, 2018 4:13pm Jul 31, 2018 4:13pm
Quoting Boulder
FYI I got this info from my twitter feed..Very useful insight on the USD from Nordea Today is Redemption day...
Thanks for this info, else I would have keep my long. Will take note of this day in the future.
  • #21,006
  • Jul 31, 2018 4:28pm Jul 31, 2018 4:28pm
Quoting gatorinla
{quote} <1553>-+ <1755.5> <1598 softer> range between.. b/o on L day close. <1755.5>-+ <1621> week b/o o L week close Month <1681>-+ <1683> All time <1670> maybe us month or higher.
this month number hard to break so far...
  • #21,007
  • Jul 31, 2018 5:05pm Jul 31, 2018 5:05pm
Attached Image (click to enlarge)
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https://www.dailyfx.com/forex/market...et-Unwind.html

next redemption day - 15 August
  • #21,008
  • Edited 5:19pm Jul 31, 2018 5:08pm | Edited 5:19pm
Abstract info from the link https://e-markets.nordea.com/#!/arti...ats-that-curve

US markets to experience largest SOMA liquidity shrink so far on July 31
For those interested in really short-term moves on financial markets, we again want to warn of the upcoming “sumo” SOMA (System Open Market Account) days. Remember that the Fed is gradually letting its balance sheet shrink at a quicker and quicker pace, with a maximum pace of USD50bn/month reached in Q4, 2018 (of which 30bn can be Treasuries). Moreover, liquidity shrinks a lot on some days, but not at all on most other days.
On days with a large and negative impact on US liquidity, the dollar has tended to gain while risk sentiment has been weak. For instance, on the settlement day (July 2) from the latest SOMA redemption (June 30), EUR/USD swooned during the European afternoon – mirroring the now-usual SOMA pattern.

The track-record from the past five SOMA redemption days suggests that being long dollar on SOMA days remains a decent proposition. SOMA redemption days has on average pushed (or coincided) the dollar index (DXY) 0.3% higher,

Hefty SOMA redemption days approaching
Attached Image
  • #21,009
  • Jul 31, 2018 5:20pm Jul 31, 2018 5:20pm
Quoting failinforex
{image} https://www.dailyfx.com/forex/market...et-Unwind.html next redemption day - 15 August
Thanks for the info...make sure we remember the big redemption on 9/30/2018... qtr end and month end re-balance ( EU usually up first) then SOMA redemption (EU down)
  • #21,010
  • Jul 31, 2018 5:21pm Jul 31, 2018 5:21pm
Quoting Boulder
{quote} this month number hard to break so far...
I think closing the month above 1683 will leave 1755 open for challenge. But it may not be directly, to 1755.5. Sos about 1756 and -1553, range w/o those help to change trend
those who can, do. those who cant, talk about those who can
  • #21,011
  • Jul 31, 2018 5:30pm Jul 31, 2018 5:30pm
boring Asian session...waiting...
Inserted Video
I am who I am
  • #21,012
  • Jul 31, 2018 5:37pm Jul 31, 2018 5:37pm
Quoting gatorinla
{quote} I think closing the month above 1683 will leave 1755 open for challenge. But it may not be directly, to 1755.5. Sos about 1756 and -1553, range w/o those help to change trend
Just keep warning me , Gator ...it seems the Month will close higher .... my two EAs are shorting this ... I leave half of my positions to their control .. I am going to add manual shorts only after the month closes lower...
  • #21,013
  • Jul 31, 2018 8:34pm Jul 31, 2018 8:34pm
Eur/Usd: Key Target Levels For 8/1/2018,
( My 1H EA targets are in bold)

For Shorts: L1: 1.1668 L2:1.1650 L3: 1.1621

For Longs: L1: 1.1704 L2:1.1722 L3: 1.1751

Currently @8pm est
1H Downtrend stop : 1.1733;
4H Downtrend stop : 1.1733

Trading Strategy: Short
  • #21,014
  • Jul 31, 2018 8:38pm Jul 31, 2018 8:38pm
Quoting gatorinla
{quote} the day closed lower than the previous.. 1683 looks to be tested.. month close still has lots of time to attack higher.. but the day closing lower is not the best sign for bulls. Still bears shouldn't feel so good either while month is still open. the day means little to the month..
testing 1683 now
those who can, do. those who cant, talk about those who can
  • #21,015
  • Jul 31, 2018 11:23pm Jul 31, 2018 11:23pm
Quoting Boulder
{quote} Just keep warning me , Gator ...it seems the Month will close higher .... my two EAs are shorting this ... I leave half of my positions to their control .. I am going to add manual shorts only after the month closes lower...
lower close to me.. I sold some 1681.. 1598 and 1553 may get a test to me.
those who can, do. those who cant, talk about those who can
  • #21,016
  • Jul 31, 2018 11:33pm Jul 31, 2018 11:33pm
new month with a lower 2018 close. 1446 back on the table// but need a L day close below 1553 to break the range..
those who can, do. those who cant, talk about those who can
  • #21,017
  • Edited 3:06am Aug 1, 2018 2:20am | Edited 3:06am
Sold Uj ×3 -6 sl at 111.08, one -6 2 hanging on, doesn't look like this will be the level...

Unless flows out of jpy into gbp / eur etc and they have to drop before Uj does... otherwise looks like uj set for higher

al 3 -6, sold again at 112.14 -4 p SL
  • #21,018
  • Aug 1, 2018 6:51am Aug 1, 2018 6:51am
Eur/Usd: Daily Market Trends Update 8/1/2018

Eur/Usd On 8/1/2018 at 8am est.. Boulder Multi Time Frame System:

1H, Downtrend, Trend stop at 1H close 1.1699, Running Period: 19x1H
4H, Downtrend, Trend stop at 4H close 1.1733, Running Period: 22 x 4H
Daily, Downtrend, Trend stop at day close 1.1755, Running Period: 83 days.
Weekly, Downtrend, Trend stop at day close 1.2411, Running Period: 9week


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

Trading Strategy:

Currently H1, H4, daily and weekly are all downtrend. If you trade 1H trend, preference is to short as long as downtrend stop 1.1699 held at 1H close
  • #21,019
  • Edited 7:09am Aug 1, 2018 6:56am | Edited 7:09am
Quoting Boulder
Eur/Usd: Daily Market Trends Update 8/1/2018 Eur/Usd On 8/1/2018 at 8am est.. Boulder Multi Time Frame System: 1H, Downtrend, Trend stop at 1H close 1.1699, Running Period: 19x1H 4H, Downtrend, Trend stop at 4H close 1.1733, Running Period: 22 x 4H Daily, Downtrend, Trend stop at day close 1.1755, Running Period: 83 days. Weekly, Downtrend, Trend stop at day close 1.2411, Running Period: 9week ( Note: Those stops will change with hour close and price action) Trading Strategy: Currently H1, H4, daily and weekly are all downtrend. If you trade 1H...
FYI: $eur may prove sticky here with 2.2 bln euros in options struck between $1.1670 and $1.1685 expiring today
  • #21,020
  • Aug 1, 2018 7:07am Aug 1, 2018 7:07am
at 8am est.. Adr had only 22 so far for the day...lol.. we have 50 more to go...
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