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The Swamp

  • #23,421
  • Sep 5, 2018 10:43pm Sep 5, 2018 10:43pm
Exited longs at 116.22 .....
  • #23,422
  • Sep 5, 2018 11:37pm Sep 5, 2018 11:37pm
Retesting open for some puzzlement ... London is not here yet ...
Fix up, trade sharp ...
  • #23,423
  • Sep 6, 2018 12:05am Sep 6, 2018 12:05am
Had a setup for the PP, but late on bringing in the order ... should have listened better, it had a tell at the open.
Fix up, trade sharp ...
  • #23,424
  • Sep 6, 2018 2:49am Sep 6, 2018 2:49am
Quoting gatorinla
{quote} 1568 is on the bear side of 1607 1598 and yest close 1612.9.. getting below them is a statement.. L close below 1554 is likely a drop to test 1321 sign,, {image}
1612.9 held pa off so far,
those who can, do. those who cant, talk about those who can
  • #23,425
  • Sep 6, 2018 3:48am Sep 6, 2018 3:48am
finally a Lower close on the 30 min.. lets see it it test and breaks now..
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 27 KB
those who can, do. those who cant, talk about those who can
  • #23,426
  • Edited 5:19am Sep 6, 2018 4:57am | Edited 5:19am
Eur/Usd: Daily Market Trends Update 9/6/2018

Eur/Usd On 9/3/2018 at 8am est.. Boulder Multi Time Frame System:

1H, Uptrend, Trend stop at 1H close 1.1614, Running Period: 34x1H
4H, Uptrend, Trend stop at 4H close 1.1558, Running Period: 3 x 4H
Daily, Downtrend, Trend stop at day close 1.1741, Running Period: 105 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 H1 and H4 uptrend, other trends are downtrend. If you trade 1H trend, preference is to long as long as uptrend stop 1.1614 held at 1H close

Option cut today

 

  1. EUR/USD: 1.1525 (EUR 758m), 1.1550-60 (2.1bn), 1.1570-75 (906m), 1.1600 (1.7bn), 1.1620-30 (831m), 1.1745-50 (1.1bn)

The highlighted large ones to keep any downside move for EUR/USD limited on the day till they settle...

  • #23,427
  • Sep 6, 2018 5:34am Sep 6, 2018 5:34am
Quoting micho
{quote} new targets in bold, targets reached are striked: EU 1.219x and 1.135x UC 1.227x and 1.336x UJ 106.7x and 1.125x AN 1.080x GU 1.396x and 1.283x EJ 136.9x and 1.264x EC 1.577x and 1.509x EG 0.868x GJ 142.8x and 146.6x bitcoin1135x
new targets in bold, targets reached are striked:
EU 1.219x and 1.135x
UC 1.227x and 1.336x
UJ 106.7x and 1.125x
AN 1.080x
GU 1.396x and 1.283x
EJ 136.9x and 1.264x
EC 1.577x and 1.509x
EG 0.868x
GJ 142.8x and 146.6x
NU 0.657x
bitcoin1135x
When life gives you lemons, make lemonade
  • #23,428
  • Sep 6, 2018 5:35am Sep 6, 2018 5:35am
Quoting micho
1.1645 is key, need to break it first {image}
second try
When life gives you lemons, make lemonade
  • #23,429
  • Edited 6:09am Sep 6, 2018 5:37am | Edited 6:09am
Dollar H4 uptrend stop 94.97.. testing right now...20 mins to go...

* the uptrend stop 94.97 held for the third tests for last 16 hours...
  • #23,430
  • Edited 6:31am Sep 6, 2018 6:07am | Edited 6:31am
@10:00am est - ISM Non-Manufacturing PMI will come most likely in red, Previous: 55.7, Forecast: 56.8, too optimistic again ... So the upward movement will resume again and again ...

And tomorrow, back to the future 2 - NFP data too optimistic also will come most likely in red, so 1.17569 level will be reached to finish the unfinished job...



On the other hand, weekly ATR (average for the last 55 weeks) = 191.3 pips, but this week only 129.5 pips ...

191.3 - 129.5 = 61.8 pips left ...

1.16588 + 0.00618 = 1.17206 to be reached till week close ...
I am who I am
  • #23,431
  • Sep 6, 2018 6:27am Sep 6, 2018 6:27am
usdx day crossed 20.. usd bears should not be too far. on the 4hr bears slipped below 20.
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those who can, do. those who cant, talk about those who can
  • #23,432
  • Sep 6, 2018 7:09am Sep 6, 2018 7:09am
ISM Non-Manufacturing PMI - a better than expected result Actual value: 58.5 (+1.7), and no reaction = fake data like in GBP case ...
I am who I am
  • #23,433
  • Sep 6, 2018 7:13am Sep 6, 2018 7:13am
Quoting imwim
ISM Non-Manufacturing PMI - a better than expected result Actual value: 58.5 (+1.7), and no reaction = fake data like in GBP case ...
no reactions ..because we have loaded option expiry at 1620s-1630s during this time at 10am est.....which support the price.....soon the options are out of way.. price will move...
  • #23,434
  • Edited 7:38am Sep 6, 2018 7:21am | Edited 7:38am
Quoting gatorinla
usdx day crossed 20.. usd bears should not be too far. on the 4hr bears slipped below 20. {image} {image}
I found it interesting that you said both bears and bulls would want price at 1.1568 before 1.1686
A snails pace wins the race :-)
  • #23,435
  • Sep 6, 2018 7:31am Sep 6, 2018 7:31am
Quoting Boulder
{quote} no reactions ..because we have loaded option expiry at 1620s-1630s during this time at 10am est.....which support the price.....soon the options are out of way.. price will move...
I remember you said before that only 2 days are important in FX regarding the option expiration, and Thursday is not one of them ... I am wrong ?
I am who I am
  • #23,436
  • Sep 6, 2018 7:46am Sep 6, 2018 7:46am
Quoting imwim
{quote} I remember you said before that only 2 days are important in FX regarding the option expiration, and Thursday is not one of them ... I am wrong ?
Thursday and Friday are the most important days in my mind... not just for currency.. for other investments too.... other days important if they are the large ones,,close to the price.
  • #23,437
  • Sep 6, 2018 7:56am Sep 6, 2018 7:56am
Quoting Boulder
Eur/Usd: Key Target Levels For 9/6/2018, ( My 1H EA targets are in bold) For Shorts: L1: 1.1605 L2:1.1578 L3: 1.1533 For Longs: L1: 1.1659 L2:1.1686 L3: 1.1731 Currently @8pm est 1H Uptrend stop : 1.1559; 4H Uptrend stop : 1.1558; Trading Strategy: Long
I didn't notice.. Euro did hit target 1 for longs last night...if this breaks again.. it will go for TP2 1686...
  • #23,438
  • Sep 6, 2018 7:56am Sep 6, 2018 7:56am
Quoting Boulder
{quote} Thursday and Friday are the most important days in my mind... not just for currency.. for other investments too.... other days important if they are the large ones,,close to the price.
Indeed ...
Quoting Boulder
{quote} I usually only pay attention to Thursdays and Fridays. not other days...
I am who I am
  • #23,439
  • Sep 6, 2018 7:58am Sep 6, 2018 7:58am
Quoting imwim
{quote} Indeed ... {quote}
glad I am consistent....lol...
  • #23,440
  • Sep 6, 2018 8:00am Sep 6, 2018 8:00am
Quoting Boulder
{quote} I didn't notice.. Euro did hit target 1 for longs last night...if this breaks again.. it will go for TP2 1686...
1.16588 was the highest value last night, so only 2 pipettes left to reach the L1 target 1.1659 ...
I am who I am
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