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The Swamp

  • #23,301
  • Sep 4, 2018 4:10am Sep 4, 2018 4:10am
Quoting ill_be_back
BUY LIMIT {image}
I don't know mate ... the PA looks bearish as fuck ... signal was very clear. You are looking to make 10 of a bounce?
Fix up, trade sharp ...
  • #23,302
  • Sep 4, 2018 4:16am Sep 4, 2018 4:16am
Quoting Hickson
{quote} I don't know mate ... the PA looks bearish as fuck ... signal was very clear. You are looking to make 10 of a bounce?
if this works 100+
if not will lose a few
A good trader follows his rules, but great trader knows when to break them
  • #23,303
  • Sep 4, 2018 4:36am Sep 4, 2018 4:36am
Quoting Boulder
{quote} * update..for H1 trend change... Eur/Usd: Key Target Levels For 9/4/2018, ( My 1H EA targets are in bold) For Shorts: L1: 1.1602 L2:1.1591 L3: 1.1573 For Longs: L1: 1.1624 L2:1.1635 L3: 1.1652 Currently @11pm est 1H Downtrend stop : 1.1624; 4H Downtrend stop : 1.1721 Trading Strategy: short
Just woke up and saw TP3 reached... I cashed out some shorts here at 1560...ADR only 61 of 68.. more to go...
  • #23,304
  • Sep 4, 2018 4:44am Sep 4, 2018 4:44am
Quoting Boulder
{quote} Just woke up and saw TP3 reached... I cashed out some shorts here at 1560...ADR only 61 of 68.. more to go...
In other words, your EA does not automatically cashed out shorts at L1, L2 and L3 levels, but you do cached them out manually ...
I am who I am
  • #23,305
  • Sep 4, 2018 4:55am Sep 4, 2018 4:55am
Quoting imwim
{quote} In other words, your EA does not automatically cashed out shorts at L1, L2 and L3 levels, but you do cached them out manually ...
my ea does not use those levels info.....it uses 10x H1 ADR for TP ...since EA is for H1 trend ..the H1 trend cycle usually lasts2 or 3 days ....
those levels are more for me to see how far PA can go each day.so I can unwind some positions if I need to.....
For sure.. I will unwind some positions if it reaches TP3 on any days.. since yesterday was a holiday.. Tp3 is easier TP per your analysis last night...thanks for your pointing out that, I didn't know that before...
  • #23,306
  • Sep 4, 2018 5:13am Sep 4, 2018 5:13am
By the way this H1 downtrend just started 8 hours ago..with downtrend stop 1.1626... plus H4 is downtrend as well.... there are more time to go for this shorts cycle...
  • #23,307
  • Sep 4, 2018 5:42am Sep 4, 2018 5:42am
Quoting Boulder
By the way this H1 downtrend just started 8 hours ago..with downtrend stop 1.1626... plus H4 is downtrend as well.... there are more time to go for this shorts cycle...
Today 10:00am USD ISM Manufacturing PMI Forecast: 57.6 Previous: 58.1, so most likely will come in red and EUR/USD will be UP and H1 downtrend stopped out ...

On the other hand, Non-Farm Employment Change on Friday Forecast: 191k, Previous: 157k, OMG too optimistic, so most likely will come in red also, and 1.17569 level will be reached possible even this Friday ...
I am who I am
  • #23,308
  • Sep 4, 2018 5:48am Sep 4, 2018 5:48am
Quoting imwim
{quote} 10:00am USD ISM Manufacturing PMI Forecast: 57.6 Previous: 58.1, so most likely will come in red and EUR/USD will be UP and H1 downtrend stopped out ...
I know ISM will be tough to beat... I will short on any pullbacks unless H1 can close above 1.1626 at H1 close...I am pretty confident EU can not reverse its H1 downtrend today... ...
all trends H1, H4, Day and weekly are in downtrend.. better not fight with the trend..
  • #23,309
  • Sep 4, 2018 5:58am Sep 4, 2018 5:58am
Quoting Boulder
{quote} I know ISM will be tough to beat... I will short on any pullbacks unless H1 can close above 1.1626 at H1 close...I am pretty confident EU can not reverse its H1 downtrend today... ... all trends H1, H4, Day and weekly are in downtrend.. better not fight with the trend..
You may be right. 1.1580 test may answer that today
  • #23,310
  • Sep 4, 2018 5:59am Sep 4, 2018 5:59am
Quoting Boulder
{quote} ... all trends H1, H4, Day and weekly are in downtrend.. better not fight with the trend..
The trend duty is always to finish the jobs, and 1.17569 level is an unfinished job ...
I am who I am
  • #23,311
  • Sep 4, 2018 6:20am Sep 4, 2018 6:20am
Eur/Usd: Daily Market Trends Update 9/4/2018

Eur/Usd On 9/4/2018 at 8am est.. Boulder Multi Time Frame System:

1H, Downtrend, Trend stop at 1H close 1.1626, Running Period: 8x1H
4H, Downtrend, Trend stop at 4H close 1.1699, Running Period: 13 x 4H
Daily, Downtrend, Trend stop at day close 1.1741, Running Period: 103 days.
Weekly, Downtrend, Trend stop at day close 1.2018,Running Period: 16week


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

Trading Strategy:

Currently all trends are downtrend. If you trade 1H trend, preference is to short as long as downtrend stop 1.1626 held at 1H close
  • #23,312
  • Sep 4, 2018 6:25am Sep 4, 2018 6:25am
Quoting Boulder
Eur/Usd: Daily Market Trends Update 9/4/2018 Eur/Usd On 9/4/2018 at 8am est.. Boulder Multi Time Frame System: 1H, Downtrend, Trend stop at 1H close 1.1626, Running Period: 8x1H 4H, Downtrend, Trend stop at 4H close 1.1699, Running Period: 13 x 4H Daily, Downtrend, Trend stop at day close 1.1741, Running Period: 103 days. Weekly, Downtrend, Trend stop at day close 1.2018,Running Period: 16week ( Note: Those stops will change with hour close and price action) Trading Strategy: Currently all trends are downtrend. If you trade 1H trend, preference...
4h still looks strong.. I moved s pending from 1692 to 1687.. its looking unlikely too with the 4h so strong.. anyway if it cant touch 1548.8 target.. I have a shot.
those who can, do. those who cant, talk about those who can
  • #23,313
  • Sep 4, 2018 6:39am Sep 4, 2018 6:39am
Quoting gatorinla
{quote} 4h still looks strong.. I moved s pending from 1692 to 1687.. its looking unlikely too with the 4h so strong.. anyway if it cant touch 1548.8 target.. I have a shot.
plus H4 is a fresh trend with only 13 running H4 hours
  • #23,314
  • Sep 4, 2018 6:54am Sep 4, 2018 6:54am
Quoting Boulder
{quote} plus H4 is a fresh trend with only 13 running H4 hours
1687 is just a normal retrace on a small tf.. the indicators are mostly strong bearish 4h.. the 4h may much stronger than those little norms.. i just put those pendings in case
those who can, do. those who cant, talk about those who can
  • #23,315
  • Sep 4, 2018 7:35am Sep 4, 2018 7:35am
Quoting longshot_nl
my guess, 1744 weekly {image} daily {image}
i missed it.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 205 KB
  • #23,316
  • Sep 4, 2018 7:42am Sep 4, 2018 7:42am
Quoting longshot_nl
{quote} i missed it. {image}
Me too, stopped by one pip before it went, then reloaded later to catch some. But always good to have a good setup, so it is a win even when stopped out.
Fix up, trade sharp ...
  • #23,317
  • Sep 4, 2018 8:05am Sep 4, 2018 8:05am
Quoting Boulder
How Institutions Position Themselves In Euro/Usd This Week This week, institutions stayed net shorted Euro for 3 consecutive weeks , which was shown in the latest COT as of Tuesday, Aug 28, 2018. The institutions net short Euro positions increased this week by 2,378 contracts to negative 7,219 contracts, 1.... .... Now price came down, which may test H4 demand zone 1.1535-1.1490 area, if it does not hold, next daily demand zone 1.1345-1.1300 In spite of Euro the recent moving up, I see institutions are lack of buying...
Euro not bottom yet..lets see we can make to H4 demand zone 1.1535-1.1490 by tomorrow...
  • #23,318
  • Sep 4, 2018 8:13am Sep 4, 2018 8:13am
EMA 55 is very strong ... Was the ISM data leaked out again ?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM7.png Size: 71 KB
I am who I am
  • #23,319
  • Sep 4, 2018 8:24am Sep 4, 2018 8:24am
Quoting imwim
EMA 55 is very strong ... Was the ISM data leaked out again ? {image}
more than that.. EM Contagion Goes Global, ... currency crashes among Turkey, South Africa and Argentina..etc....
  • #23,320
  • Sep 4, 2018 8:29am Sep 4, 2018 8:29am
Quoting Boulder
{quote} more than that.. EM Contagion Goes Global, ... currency crashes among Turkey, South Africa and Argentina..etc....
I think these currency crashes are done for use the USD as their currency, like some African states do already ...
I am who I am
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