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The Swamp

  • #21,821
  • Aug 12, 2018 2:58pm Aug 12, 2018 2:58pm
Quoting becks.200
{quote} Time to trigger those algos, Gator?
i can't say long... I can say short, near 1446 ish, or near 1506 ish// with a tiny stop.. its below 1386.. closes above 1446, shorts have problems.. maybe 1417 is enough with the L close above agreement.. everything else i see is bearish atm
those who can, do. those who cant, talk about those who can
  • #21,822
  • Aug 12, 2018 3:07pm Aug 12, 2018 3:07pm
Tradingview is showing that DXY is down 1% - does not make sense
Attached Image
  • #21,823
  • Aug 12, 2018 3:10pm Aug 12, 2018 3:10pm
Quoting gatorinla
{quote} i can't say long... I can say short, near 1446 ish, or near 1506 ish// with a tiny stop.. its below 1386.. closes above 1446, shorts have problems.. maybe 1417 is enough with the L close above agreement.. everything else i see is bearish atm
Thanks Gator,

1416-1446-1506-1553-1600 - levels I am going to watch from upside.

1380-1360 from bottom.
  • #21,824
  • Aug 12, 2018 4:05pm Aug 12, 2018 4:05pm
Quoting becks.200
Tradingview is showing that DXY is down 1% - does not make sense {image}
Seems this is real.

120 pips down on DXY - it means almost 200pips up on EurUSD - but I didn’t get what happened this week
  • #21,825
  • Aug 12, 2018 4:28pm Aug 12, 2018 4:28pm
For the last 365 days, we have for the EUR/USD pair High = 1.25554 on 2018.02.16, and Low = 1.13679 just today (2018.08.13).

High - Low = 1.25554 - 1.13679 = 1187.5 pips fresh downward movement.

For this downward movement of 1187.5 pips, the fractal theory gives a minimal upward retracement/movement of 434.2 pips,
i.e. 1.13679 + 0.04342 = 1.18021 ...

So, for any price below 1.18021 the sentiment/trend remain bearish ...
I am who I am
  • #21,826
  • Aug 12, 2018 4:42pm Aug 12, 2018 4:42pm
Quoting imwim
For the last 365 days, we have for the EUR/USD pair High = 1.25554 on 2018.02.16, and Low = 1.13679 just today (2018.08.13). High - Low = 1.25554 - 1.13679 = 1187.5 pips fresh downward movement. For this downward movement of 1187.5 pips, the fractal theory gives a minimal upward retracement/movement of 434.2 pips, i.e. 1.13679 + 0.04342 = 1.18021 ... So, for any price below 1.18021 the sentiment/trend remain bearish ...
about 400+ pips of drawdown to be right is not my preference. I stick with lower till closes start inching up. pending long 1318... sl 1308 and playing size by ear.. watching 1316 pa if/when it makes it there
those who can, do. those who cant, talk about those who can
  • #21,827
  • Aug 12, 2018 4:52pm Aug 12, 2018 4:52pm
Quoting becks.200
{quote} Seems this is real. 120 pips down on DXY - it means almost 200pips up on EurUSD - but I didn’t get what happened this week
I doubt its real.. its over 2X eu pips.. the eu is not up.. it would be 4x or more on other pairs w/o eu..its likely erroneous (bad feed).. check other sights..
those who can, do. those who cant, talk about those who can
  • #21,828
  • Aug 12, 2018 4:59pm Aug 12, 2018 4:59pm
Quoting gatorinla
{quote} about 400+ pips of drawdown to be right is not my preference. I stick with lower till closes start inching up. pending long 1318... sl 1308 and playing size by ear.. watching 1316 pa if/when it makes it there
I asked many profitable traders about the ATR/ADR of the 2018 year, and 1200 pips was the most common value, so the downward movement is limited to 12.5 - 112.5 pips more, so 1.12644 should be the bottom according to the traders I have questioning ...

So, any buy is expected to be highly profitable with a SL of 1.12644 and TP set to 1.18021 ...
I am who I am
  • #21,829
  • Aug 12, 2018 5:03pm Aug 12, 2018 5:03pm
Quoting Boulder
I may buy the gap down...close out all Euro longs on or before Wednesday SOMA day... The Feds balance sheet shrink, dollar goes up on SOMA days (The Fed balance shrink ) bought 1374...
your 5 min.. may bounce at 1389.. i hope u can close above 1416
those who can, do. those who cant, talk about those who can
  • #21,830
  • Aug 12, 2018 5:12pm Aug 12, 2018 5:12pm
Quoting imwim
{quote} I asked many profitable traders about the ATR/ADR of the 2018 year, and 1200 pips was the most common value, so the downward movement is limited to 12.5 - 112.5 pips more, so 1.12644 should be the bottom according to the traders I have questioning ... So, any buy is expected to be highly profitable with a SL of 1.12644 and TP set to 1.18021 ...
1162 looks like a good target... close to yours. I got a Lm at 1316.. I placed a pending above due to spread. eu is 100 pip whore.. the week close i respect is 1416..either 1316 or close a L close day above 1417 monday. its all ok with me,, down until up.... all bears needed ws 1446.. I want to see if they are tired after taken 1446.. It appears they or not atm
those who can, do. those who cant, talk about those who can
  • #21,831
  • Aug 12, 2018 5:18pm Aug 12, 2018 5:18pm
Quoting gatorinla
{quote} your 5 min.. may bounce at 1389.. i hope u can close above 1416
hope so.. i got stop out with trailing stop with +20 pips.. wait to get back in..
  • #21,832
  • Aug 12, 2018 5:22pm Aug 12, 2018 5:22pm
Quoting gatorinla
{quote} 1162 looks like a good target... close to yours. I got a Lm at 1316.. I placed a pending above due to spread. eu is 100 pip whore.. the week close i respect is 1416..either 1316 or close a L close day above 1417 monday. its all ok with me,, down until up.... all bears needed ws 1446.. I want to see if they are tired after taken 1446.. It appears they or not atm
I also wait for system II to trigger Aud/usd longs...that might be a good one later...
  • #21,833
  • Aug 12, 2018 5:23pm Aug 12, 2018 5:23pm
Quoting becks.200
{quote} Seems this is real. 120 pips down on DXY - it means almost 200pips up on EurUSD - but I didn’t get what happened this week
https://www.dailyfx.com/us-dollar-index
those who can, do. those who cant, talk about those who can
  • #21,834
  • Aug 12, 2018 5:28pm Aug 12, 2018 5:28pm
Quoting gatorinla
{quote} 1162 looks like a good target... close to yours. I got a Lm at 1316.. I placed a pending above due to spread. eu is 100 pip whore.. the week close i respect is 1416..either 1316 or close a L close day above 1417 monday. its all ok with me,, down until up.... all bears needed ws 1446.. I want to see if they are tired after taken 1446.. It appears they or not atm
When the price will touch 1.1446, the EMA55 is expected to touch ... 1.1446 on the M48 time frame, so from here will come the tiredness of the bull movement...

M48 candle closing above EMA55 / 1.1446, will be a strong bullish signal...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM48.png Size: 57 KB
I am who I am
  • #21,835
  • Aug 12, 2018 5:29pm Aug 12, 2018 5:29pm
Quoting gatorinla
{quote} https://www.dailyfx.com/us-dollar-index
Thanks Gator,
I have checked other websites, seems it is just with tradingview.
  • #21,836
  • Aug 12, 2018 5:36pm Aug 12, 2018 5:36pm
Eur/Usd: Key Target Levels For 8/13/2018,
( My 1H EA targets are in bold)

For Shorts: L1: 1.1367 L2:1.1326 L3: 1.1259

For Longs: L1: 1.1549 L2:1.1490 L3: 1.1558

Currently @8pm est
1H Downtrend stop : 1.1479;
4H Downtrend stop : 1.1621

Trading Strategy: Down trend , Short
  • #21,837
  • Aug 12, 2018 5:39pm Aug 12, 2018 5:39pm
Quoting Boulder
{quote} I also wait for system II to trigger Aud/usd longs...that might be a good one later...
i had to cook my own steak..No sprinkles..
Attached Image
those who can, do. those who cant, talk about those who can
  • #21,838
  • Aug 12, 2018 5:41pm Aug 12, 2018 5:41pm
Quoting imwim
{quote} When the price will touch 1.1446, the EMA55 is expected to touch ... 1.1446 on the M48 time frame, so from here will come the tiredness of the bull movement... M48 candle closing above EMA55 / 1.1446, will be a strong bullish signal... {image}
Amazing.. 1446 has been on the charts since February....
those who can, do. those who cant, talk about those who can
  • #21,839
  • Aug 12, 2018 5:48pm Aug 12, 2018 5:48pm
Quoting gatorinla
{quote} i had to cook my own steak..No sprinkles.. {image}
I am coming for dinner...save me a plate... where do you live? lol...

I long Euro again at 1391...
  • #21,840
  • Aug 12, 2018 5:51pm Aug 12, 2018 5:51pm
Quoting gatorinla
{quote} Amazing.. 1446 has been on the charts since February....
It's a coincidence that we have the last 365 days High = 1.25554 on 16 February ? No at all...
I am who I am
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