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The Swamp

  • #23,961
  • Sep 17, 2018 9:31am Sep 17, 2018 9:31am
Quoting gatorinla
{quote} them storms tend to go north after.. dont put the rubber duck up just yet.. good to see you made it.. Those people below you will go through lifetime savings to get right if ever. A generational loss of wealth. Grandmas house will be worth less than before. Most have their nest egg in their home. Flooded homes are repossessed from banks and sold at fire sales. Contrary to what many think about the non-flooded gaining value. The flooded ones bring down the entire affected market for a while.
The bulk of it is already north of me, but still getting light showers though.....So far, we had considerably more from TS Gordon than from Flo....
  • #23,962
  • Sep 17, 2018 9:33am Sep 17, 2018 9:33am
Quoting gatorinla
gbp below 3156 may be setting up atm.. tight stop of 8 ish.. soft tp 304x
have pending 1.3210
its also a target.

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  • #23,963
  • Sep 17, 2018 9:37am Sep 17, 2018 9:37am
Quoting ill_be_back
Pending SHORT {image}

Hmm, I have a 2-2-1 into that level (1.17043) to the pipette...Hope it works for you...
  • #23,964
  • Sep 17, 2018 9:40am Sep 17, 2018 9:40am
Quoting longshot_nl
{quote} have pending 1.3210 its also a target. {image}
i had one Friday i cancelled.. i think 3220
those who can, do. those who cant, talk about those who can
  • #23,965
  • Sep 17, 2018 9:44am Sep 17, 2018 9:44am
Quoting BlueCirrus
{quote} Hmm, I have a 2-2-1 into that level (1.17043) to the pipette...Hope it works for you...
maybe 5-6 above that then DOWN
A good trader follows his rules, but great trader knows when to break them
  • #23,966
  • Sep 17, 2018 9:55am Sep 17, 2018 9:55am
Doing a little shorting on the ES right now....
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  • #23,967
  • Sep 17, 2018 10:16am Sep 17, 2018 10:16am
Quoting BlueCirrus
Doing a little shorting on the ES right now.... {image}
Off my game today...It's a dreary day and I'm half asleep...

Was targeting two times the IB, but it was already at 1.5 times the IB when I posted the chart above, and it will usually bounce at that level....and it did

Just trailed out with one handle...
  • #23,968
  • Sep 17, 2018 10:26am Sep 17, 2018 10:26am
Quoting gatorinla
gbp below 3156 may be setting up atm.. tight stop of 8 ish.. soft tp 304x
your up 20.. on you now.. stop can be set green
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those who can, do. those who cant, talk about those who can
  • #23,969
  • Sep 17, 2018 10:32am Sep 17, 2018 10:32am
Quoting Boulder
{quote} Euro is testing daily supply zone 1.1694-1.1735 again...
5th tries to break the daily supply zone 1.1694-1.1735 .....so far .. no luck.. lets see tomorrow...
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  • #23,970
  • Sep 17, 2018 10:34am Sep 17, 2018 10:34am
Quoting gatorinla
{quote} L close above 1677/83 puts sights on 1755.5 test in a better light.. more so is a close above 1694.. about to test 1694 now..
unable to get above and close above 1694.. but it should test 1694.. likely in the next 12 hours.. possibly a 1655/17 entry coming. last weeks high looks to be tested and maybe further, like 1755. 1655 is with current 1694 high holding.. It will rise if pa rises..

A break with close of 1756.. wouldn't help that gu short//
those who can, do. those who cant, talk about those who can
  • #23,971
  • Sep 17, 2018 12:58pm Sep 17, 2018 12:58pm
Quoting longshot_nl
{quote} maybe come down in time to make nice reciprocal. {image}
above 1681 setting up for 1701.
otherwise missed.
  • #23,972
  • Sep 17, 2018 5:20pm Sep 17, 2018 5:20pm
Quoting longshot_nl
{quote} above 1681 setting up for 1701. otherwise missed.
every day it seems to poke in the opposite direction it goes later
ny session i think.
so i keep my short order there.

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  • #23,973
  • Sep 17, 2018 6:02pm Sep 17, 2018 6:02pm
Quoting gatorinla
{quote} unable to get above and close above 1694.. but it should test 1694.. likely in the next 12 hours.. possibly a 1655/17 entry coming. last weeks high looks to be tested and maybe further, like 1755. 1655 is with current 1694 high holding.. It will rise if pa rises.. A break with close of 1756.. wouldn't help that gu short//
change to 1657/17
those who can, do. those who cant, talk about those who can
  • #23,974
  • Sep 17, 2018 7:31pm Sep 17, 2018 7:31pm
Just got this...I would like to share this info since its from Goldman ....look at Euro from another prospective...

EUR/USD to resume underlying downtrend - Goldman Sachs
By Joshua Gibson
According to technical analysts at Goldman Sachs, Elliott WaveTheory suggests that the EUR/USD is likely to hit a small bump in the road from current prices before undergoing a bullish continuation.
Key quotes
"As a reminder, the market has been in a corrective process since the August low.
It's since formed the A and B legs of an incomplete ABC corrective advance. The next important level in focus is 1.1515; targeted support for wave B. This should be an area to consider re-engaging in topside exposure. From there, an eventual B wave could extend as far as 1.1928- 1.1946.
Confidence in reaching this level would increase above the 1.1733 high from late-August.
Getting to 1.1928-1.1946 would then complete a full corrective process. After which EURUSD should in theory be in a better place to resume its underlying downtrend. The alternative is that wave B endures for a while longer, in a complex range consolidation; i.e. sideways between 1.15/1.17 for a period of time. Would have to break further than 1.15 to really call into question this underlying bias.
View: Watch for support to hold near 1.1515 and no lower than 1.15. Target 1.1928-1.1946. Confidence will increase above 1.1733. Consider downside exposure if/once ~1.19 is reached."
  • #23,975
  • Sep 17, 2018 8:58pm Sep 17, 2018 8:58pm
Quoting longshot_nl
{quote} every day it seems to poke in the opposite direction it goes later ny session i think. so i keep my short order there. {image}
if between 9:00 and 12:00 a high is made, its bearish and the opposite. 3 hour window.
from the past 12 days it happened 10 times.
i did not go back any further.
  • #23,976
  • Sep 17, 2018 9:04pm Sep 17, 2018 9:04pm
Quoting longshot_nl
{quote} every day it seems to poke in the opposite direction it goes later ny session i think. so i keep my short order there. {image}
The times you marked are always the London Open
  • #23,977
  • Sep 17, 2018 9:40pm Sep 17, 2018 9:40pm
Quoting longshot_nl
{quote} if between 9:00 and 12:00 a high is made, its bearish and the opposite. 3 hour window. from the past 12 days it happened 10 times. i did not go back any further.
if this is correct on usdx. where about would the target be?
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those who can, do. those who cant, talk about those who can
  • #23,978
  • Sep 17, 2018 10:07pm Sep 17, 2018 10:07pm
Quoting gatorinla
{quote} if this is correct on usdx. where about would the target be? {image}
no its not correct.
if its a bat the last point should be 88.6 fib which is a lot higher..
  • #23,979
  • Sep 17, 2018 10:21pm Sep 17, 2018 10:21pm
Quoting gatorinla
{quote} if this is correct on usdx. where about would the target be? {image}
It's clear as mud...if you put your spectacles on....
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  • #23,980
  • Sep 17, 2018 10:52pm Sep 17, 2018 10:52pm
Quoting TheLaw1
{quote} The times you marked are always the London Open
yes so the first 3 hours of the london open determine the rest of the day most of the time.
in my case if 1.17 get hit between 9:00 and 12:00 i can safely keep short for the rest of the day.
unfortunately. my short already got triggered.
about 12 to 16 hours to make a nice reciprocal i was talking about here.
100 pips in both directions if i am right.

https://www.forexfactory.com/showthr...9#post11486689

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