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The Swamp

  • #24,461
  • Oct 1, 2018 10:18am Oct 1, 2018 10:18am
Quoting Boulder
{quote} closed the long at 1582.. it doesn't look like go anywhere..
Prolly go to 1567 then retrace
A good trader follows his rules, but great trader knows when to break them
  • #24,462
  • Oct 1, 2018 10:19am Oct 1, 2018 10:19am
Quoting Boulder
{quote} yeah .. I was playing these two levels today.. they worked well...9% closed profit so far today...more to come..
As an American, you have a maximal leverage as 50:1, but which is your daily leverage you handle with ? ...
I am who I am
  • #24,463
  • Oct 1, 2018 10:30am Oct 1, 2018 10:30am
Quoting Boulder
{quote} closed the long at 1582.. scratched the trade,,,it doesn't look like go anywhere.. {image}
If its not going up,its going down
Sometimes it's better to be wrong,to learn..
  • #24,464
  • Oct 1, 2018 10:31am Oct 1, 2018 10:31am
Quoting Boulder
Eur/Usd: Key Target Levels For 10/1/2018, Shorts/Support Levels: S1: 1.1578 S2:1.1556 S3: 1.1519 Longs/Resistance Levels: R1: 1.1623 R2:1.1645 R3: 1.1682 Currently @8pm est 1H Downtrend stop : 1.1638; 4H Downtrend stop : 1.1777 Daily Uptrend stop : 1.1542 Trading Strategy: Short to 1550s range
TP2 1556 coming up????
  • #24,465
  • Oct 1, 2018 10:38am Oct 1, 2018 10:38am
Quoting Boulder
{quote} TP2 1556 coming up????
today closed under 1595... maybe later you can get a new short in asia 1601 area.. if boulder s2 holds.. target below the s3.. 1517 or less.

i will short again there if the s2 area low held.. i expect 1516
those who can, do. those who cant, talk about those who can
  • #24,466
  • Oct 1, 2018 10:40am Oct 1, 2018 10:40am
Quoting imwim
{quote} As an American, you have a maximal leverage as 50:1, but which is your daily leverage you handle with ? ...
50:1 , I used 57% deposit load today.. my drawdown today 2.2%,...i do have very low equity loss control set max 5% for the account.
  • #24,467
  • Oct 1, 2018 10:43am Oct 1, 2018 10:43am
Quoting gatorinla
{quote} today closed under 1595... maybe later you can get a new short in asia 1601 area.. if boulder s2 holds.. target below the s3.. 1517 or less. i will short again there if the atm low held.. i expect 1516
hey.. I have to buy this 1550s for a bounce...
pending first one..more later
Attached Image
  • #24,468
  • Oct 1, 2018 10:49am Oct 1, 2018 10:49am
1557 is a norm but smaller than the missed 1516
those who can, do. those who cant, talk about those who can
  • #24,469
  • Oct 1, 2018 11:01am Oct 1, 2018 11:01am
Quoting Boulder
{quote} glad you shorted too... I closed most already... since I m scalping.. will short again after Trump speech.. if it goes up again....
Trump was speaking and nothing happened yet, neither now nor during his speech ... or his speech is an All Day event, LOL ...
I am who I am
  • #24,470
  • Oct 1, 2018 11:10am Oct 1, 2018 11:10am
Quoting imwim
{quote} Trump was speaking and nothing happened yet, neither now nor during his speech ... or his speech is an All Day event, LOL ...
Guess Trump speech has more effect on CAT and peso....since its soma day,..it proved again its good to short the rally 2 hours before LC ....
next SOMA day.. mark on the calendar . is on Oct 31, 2018.. $22 billion redemption,, 3 billion more than today...
  • #24,471
  • Oct 1, 2018 11:26am Oct 1, 2018 11:26am
Quoting Boulder
{quote} Guess Trump speech has more effect on CAT and peso....since its soma day,..it proved again its good to short the rally 2 hours before LC .... next SOMA day.. mark on the calendar . is on Oct 31, 2018.. $22 billion redemption,, 3 billion more than today...
Very nice, two SOMAs in October ... we'll have The Hunt for Red October ...
Inserted Video
I am who I am
  • #24,472
  • Oct 1, 2018 11:50am Oct 1, 2018 11:50am
Quoting Boulder
{quote} 50:1 , I used 57% deposit load today.. my drawdown today 2.2%,...i do have very low equity loss control set max 5% for the account.
Equity loss control set max 5% for the account ... for a day ?

I think if I'll try one of my systems with max leverage, the profit will be around at least 30-40% per day, with DD less than 10% ... I like to establish a new record of account growing in a single month, till reaching 10 mil account equity and starting with as minimum as possible the initial account balance, automated trading of course ... or two, one trading a single currency pair, and another trading multiple currency pairs ...
I am who I am
  • #24,473
  • Oct 1, 2018 12:13pm Oct 1, 2018 12:13pm
Quoting imwim
{quote} Equity loss control set max 5% for the account ... for a day ? I think if I'll try one of my systems with max leverage, the profit will be around at least 30-40% per day, with DD less than 10% ... I like to establish a new record of account growing in a single month, till reaching 10 mil account equity and starting with as minimum as possible the initial account balance, automated trading of course ... or two, one trading a single currency pair, and another trading multiple currency pairs ...
5% DD for anytime.. .. all trades will be closed when 5% DD reached..
  • #24,474
  • Edited 12:34pm Oct 1, 2018 12:17pm | Edited 12:34pm
Quoting Boulder
{quote} 5% DD for anytime.. .. all trades will be closed when 5% DD reached..
Yes, but after the 5% DD reached and all trades closed, stop trading for the rest of the day ?

And if 5% DD is reached for 2 days in a row, stop trading for the rest of the week ?

In my view, one good setup can appear with a frequency of 2-3 times per day, starting TKY open and ending NY close, with no trades still open after NY close and before TKY open ...
I am who I am
  • #24,475
  • Oct 1, 2018 12:27pm Oct 1, 2018 12:27pm
Quoting imwim
{quote} Yes, but after the 5% DD reached and all trades closed, stop trading for the rest of the day ? And if 5% DD is reached for 2 days in a row, stop trading for the rest of the week ?
can stop trading ...or reverse the trade or wait for a better level...
  • #24,476
  • Oct 1, 2018 12:36pm Oct 1, 2018 12:36pm
Quoting Boulder
{quote} can stop trading ...or reverse the trade or wait for a better level...
Thx, good to know your courage ...
I am who I am
  • #24,477
  • Oct 1, 2018 6:39pm Oct 1, 2018 6:39pm
Eur/Usd: Key Target Levels For 10/2/2018,

Shorts/Support Levels: S1: 1.1555 S2:1.1538 S3: 1.1510

Longs/Resistance Levels: R1: 1.1589 R2:1.1606 R3: 1.1633

Currently @8pm est

1H Downtrend stop : 1.1616;
4H Downtrend stop : 1.1751
Daily Uptrend stop : 1.1542
Trading Strategy: Short
  • #24,478
  • Oct 1, 2018 6:44pm Oct 1, 2018 6:44pm
Quoting gatorinla
{quote} 1516 is that missed number.. st may set up 1517. i set my tp above, at your 1519.. need London to close -1595.. a lower low will bring 1692 lower (to 1565 area).. maybe a bounce coming using 1519/16 coming, back to 1665.. bounce unkown, but it looks like a good place for my tp.. on a week chart does the Russian numbers change?
Russian numbers only for daily update...
  • #24,479
  • Oct 1, 2018 6:45pm Oct 1, 2018 6:45pm
Quoting Boulder
Eur/Usd: Key Target Levels For 10/2/2018, Shorts/Support Levels: S1: 1.1555 S2:1.1538 S3: 1.1510 Longs/Resistance Levels: R1: 1.1589 R2:1.1606 R3: 1.1633 Currently @8pm est 1H Downtrend stop : 1.1616; 4H Downtrend stop : 1.1751 Daily Uptrend stop : 1.1542 Trading Strategy: Short
makes sense for <1557 or 1516> ... 1601/1613
those who can, do. those who cant, talk about those who can
  • #24,480
  • Oct 1, 2018 6:52pm Oct 1, 2018 6:52pm
Quoting gatorinla
{quote} makes sense for <1557 or 1516> ... 1601/1613
in case of shorting, I may not stay too long since the H1 downtrend has run 61 hours at this hour.. over 50% chance for reversal for the hourly trend.... I would be careful .. watching H1 downtrend stop .. atm 1616.. if it can close above.. I will look for longs...if it can't close above, I stay for shorts...
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