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The Swamp

  • #21,521
  • Aug 8, 2018 2:54pm Aug 8, 2018 2:54pm
Quoting gatorinla
{quote} depends on what close we speak of..
I have 1.15532, and I'm pretty sure Hanover's indicator is correct....lol
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  • #21,522
  • Aug 8, 2018 2:54pm Aug 8, 2018 2:54pm
Quoting gatorinla
{quote} if the high remains.. it should retrace to 1596... I hope it isn't finished. I had to close.. my tp was 1624,, but its not worth the risk to 1596.. i have shorts pending 1325 against the high+3 stop
Thanks Gator.. hope it goes to 1596.. that will be a cake with sprinkle ;;
  • #21,523
  • Edited 3:31pm Aug 8, 2018 3:09pm | Edited 3:31pm
Quoting BlueCirrus
{quote} I have 1.15532, and I'm pretty sure Hanover's indicator is correct....lol {image}
I have checked, the M30 candle starting after LDN close have a Close at 1.15532 , so it's 30 min after LDN close...

https://www.oanda.com/forex-trading/...s/market-hours
https://www.fxstreet.com/economic-ca...x-market-hours
http://www.forexmarkethours.com/

Forex trading hours, Forex trading time:
New York opens at 8:00 am to 5:00 pm EST (EDT)
Tokyo opens at 7:00 pm to 4:00 am EST (EDT)
Sydney opens at 5:00 pm to 2:00 am EST (EDT)
London opens at 3:00 am to 12:00 noon EST (EDT)


According to investopedia :

The London Stock Exchange opens at 8 a.m. and closes at 4:30 p.m. local time with no lunch period.

Finally, Forex Market Hours and Stock Exchange Market hours seems to not be the same ...
I am who I am
  • #21,524
  • Aug 8, 2018 3:30pm Aug 8, 2018 3:30pm
Quoting imwim
{quote} I have checked, the M30 candle starting after LDN close have a Close at 1.15532 , so it's 30 min after LDN close... https://www.oanda.com/forex-trading/...s/market-hours https://www.fxstreet.com/economic-ca...x-market-hours According to investopedia : The London Stock Exchange opens at 8 a.m. and closes at 4:30 p.m. local time with no lunch period. Finally, Forex Market Hours and Stock Exchange Market hours seems to not be the same ...
imwim..are you an accountant or mathematician ? 1553 or 1563.. really no big deal for me... I use Gators numbers because of his pinpoint accuracy in so many occasions...
  • #21,525
  • Aug 8, 2018 3:35pm Aug 8, 2018 3:35pm
Quoting imwim
{quote} I have checked, the M30 candle starting after LDN close have a Close at 1.15532 , so it's 30 min after LDN close... https://www.oanda.com/forex-trading/...s/market-hours https://www.fxstreet.com/economic-ca...x-market-hours According to investopedia : The London Stock Exchange opens at 8 a.m. and closes at 4:30 p.m. local time with no lunch period. Finally, Forex Market Hours and Stock Exchange...
4:30 P.M. London time is correct, and that is 11:30 A.M. in the United States eastern time zone --- and that is 1.15532 on three different MT4 brokers...

Gator, if this guy is right, then we are going to have to learn to tell time...lol ---Might take me another 60 years!
  • #21,526
  • Aug 8, 2018 3:36pm Aug 8, 2018 3:36pm
Quoting Boulder
{quote} imwim..are you an accountant or mathematician ? 1553 or 1563.. really no big deal for me... I use Gators numbers because of his pinpoint accuracy in so many occasions...
Gator's numbers are indeed correct....and that is all I have to say about it....C-YA
  • #21,527
  • Aug 8, 2018 4:03pm Aug 8, 2018 4:03pm
Quoting BlueCirrus
{quote} 4:30 P.M. London time is correct, and that is 11:30 A.M. in the United States eastern time zone --- and that is 1.15532 on three different MT4 brokers... Gator, if this guy is right, then we are going to have to learn to tell time...lol ---Might take me another 60 years!
https://www.londonstockexchange.com/...ates/home.html

Home page › Prices & markets › International Markets › Exchange Rates

Even London Stock Exchange (LSE) refers to Exchange Rates under International Markets category not under LSE itself, so 4.30 PM (LSE closing hour) have no meaning for Foreign Exchange Market Hours regarding the London trading hours, as we can see on Oanda, or any other FX broker around the world...

LSE Closing hour = LDN Closing hour + 30 min
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  • #21,528
  • Aug 8, 2018 4:12pm Aug 8, 2018 4:12pm
Quoting imwim
{quote} The lowest LDN Close in the last 365 days is 1.15643 on 29 May 2018 ... The lowest NY Close in the last 365 days is 1.15364 on 29 May 2018 ... {image}
thanks.. but it still depends on the close we speak of.
those who can, do. those who cant, talk about those who can
  • #21,529
  • Aug 8, 2018 4:16pm Aug 8, 2018 4:16pm
Quoting gatorinla
{quote} thanks.. but it still depends on the close we speak of.
Indeed, I fully agree, LSE Close or LDN Close ...
I am who I am
  • #21,530
  • Aug 8, 2018 4:18pm Aug 8, 2018 4:18pm
Quoting imwim
{quote} https://www.londonstockexchange.com/...ates/home.html Home page › Prices & markets › International Markets › Exchange Rates Even London Stock Exchange (LSE) refers to Exchange Rates under International Markets category...
Do you want to argue, or make money? If the answer is argue, your in the wrong place.
those who can, do. those who cant, talk about those who can
  • #21,531
  • Aug 8, 2018 4:35pm Aug 8, 2018 4:35pm
Quoting gatorinla
{quote} Do you want to argue, or make money? If the answer is argue, your in the wrong place.
Sorry, I want to make money and I wish to everyone to make money, of course ...

PS. As a PM, just from the beginning, back in 1995 Switzerland stock exchange, I have build trading systems for various electronic stock exchanges around the world. That's the root of my know how...
I am who I am
  • #21,532
  • Edited 5:02pm Aug 8, 2018 4:50pm | Edited 5:02pm
everyone is probably a little gun shy in this range. If this little bottom on the usd holds. than the bottom of the eu should not. The closer to 1627.. the closer to the usd bottom at 94.98... the closer to those,, the less stop needed. the greater the reward potential. the less of the risk potential. I was waiting for 1625 to short. I closed long hours ago, I have some shorts already. pa at 1610 atm. if it breaks the usd bottom. eu should rise to 17xx.. But if it dont, eu should drop.. I took some early positions.. I will add if eu closes below 1553.. no real right or wrong answers.. its going up, or its going down. Its best to be wrong with the least amount of drawdown.

this little HS failed to drop on the first R shoulder.. it came back and formed a new R shoulder. It tried to make a new low on shoulder 2. it too failed, atm. don't know the outcome of it yet.
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those who can, do. those who cant, talk about those who can
  • #21,533
  • Aug 8, 2018 4:56pm Aug 8, 2018 4:56pm
Quoting gatorinla
everyone is probably a little gun shy in this range. If this little bottom on the usd holds. than the bottom of the eu should not. The closer to 1627.. the closer to the usd bottom at 94.98... the closer to those,, the less stop needed. the greater the reward potential. the less of the risk potential. I was waiting for 1625 to short. I closed long hours ago, I have some shorts already. pa at 1610 atm. if it breaks the usd bottom. eu should rise to 17xx.. But if it dont, eu should drop.. I took some early positions.. I will add if eu closes below...
yeah.. Gator.. I am glad ...I am still hold my shorts .. till both systems reverse the trades... currently system I downtrend stop 1621 at 1H close..
system II needs two more continuous green candles to reverse the trend... good luck with bears...
  • #21,534
  • Aug 8, 2018 5:32pm Aug 8, 2018 5:32pm
Quoting Boulder
{quote} yeah.. Gator.. I am glad ...I am still hold my shorts .. till both systems reverse the trades... currently system I downtrend stop 1621 at 1H close.. system II needs two more continuous green candles to reverse the trend... good luck with bears...
It still may go up// I just went with the risk verse reward. the q month and week had those lower closes. I figure that and a suitcase of money could get me laid in vegas 4 streets from the strip.
those who can, do. those who cant, talk about those who can
  • #21,535
  • Aug 8, 2018 5:46pm Aug 8, 2018 5:46pm
Quoting Boulder
{quote} yeah.. Gator.. I am glad ...I am still hold my shorts .. till both systems reverse the trades... currently system I downtrend stop 1621 at 1H close.. system II needs two more continuous green candles to reverse the trend... good luck with bears...
it happens..
Inserted Video
those who can, do. those who cant, talk about those who can
  • #21,536
  • Aug 8, 2018 6:01pm Aug 8, 2018 6:01pm
Quoting gatorinla
{quote} it happens..https://www.youtube.com/watch?v=XzYZ41JIj80
too funny...thanks for cheering me up..
  • #21,537
  • Aug 8, 2018 6:45pm Aug 8, 2018 6:45pm
Eur/Usd: Key Target Levels For 8/9/2018,
( My 1H EA targets are in bold)

For Shorts: L1: 1.1597 L2:1.1581 L3: 1.1566

For Longs: L1: 1.1627 L2:1.1642 L3: 1.1668

Currently @8pm est
1H Downtrend stop : 1.1621;
4H Uptrend stop : 1.1539

Trading Strategy: range trade, range between two stops 1621 and 1539 till it breakouts
  • #21,538
  • Aug 8, 2018 7:02pm Aug 8, 2018 7:02pm
Quoting gatorinla
{quote} it happens..https://www.youtube.com/watch?v=XzYZ41JIj80
...LMFOL...
The Chonchy
  • #21,539
  • Edited 8:18pm Aug 8, 2018 7:29pm | Edited 8:18pm
Quoting gatorinla
everyone is probably a little gun shy in this range. If this little bottom on the usd holds. than the bottom of the eu should not. The closer to 1627.. the closer to the usd bottom at 94.98... the closer to those,, the less stop needed. the greater the reward potential. the less of the risk potential. I was waiting for 1625 to short. I closed long hours ago, I have some shorts already. pa at 1610 atm. if it breaks the usd bottom. eu should rise to 17xx.. But if it dont, eu should drop.. I took some early positions.. I will add if eu closes below...
If a single M48 candle will close above 1.16201 (the 233 EMA), the price movement will continue upward ...

LDN Open is at 1.16147, and Fibonacci 0.382 extension is at 1.16146, one single pipettes away ...

Strong resistances at 1.16280 (EMA233 for H1 TF) and 1.16314 (EMA55 for H4 TF) ...
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  • #21,540
  • Aug 8, 2018 10:39pm Aug 8, 2018 10:39pm
12 h closed lower than 24 h before. we h close still above the day (12 h before.)
earlier the usdx L day closed higher than the previous day,

the usd closing higher conflicts with the eu closing higher.
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those who can, do. those who cant, talk about those who can
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