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The Swamp

  • #24,681
  • Oct 9, 2018 3:34am Oct 9, 2018 3:34am
Longs were closed +10.

This is lingering around the lows for a while, so i think its going lower yet. The 1.1444-47 level looks like a good long.

Then i have a 1.1350 area
  • #24,682
  • Edited 5:13am Oct 9, 2018 4:29am | Edited 5:13am
gu
edit: + round number.

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  • #24,683
  • Oct 9, 2018 4:58am Oct 9, 2018 4:58am
break of a flag at LO.....
trading is simple but is simple is not easy.
  • #24,684
  • Oct 9, 2018 4:59am Oct 9, 2018 4:59am
Going long at Gu @1.3040,stop 3025 .Tp open.Will be staying out of Eu for now
  • #24,685
  • Oct 9, 2018 5:41am Oct 9, 2018 5:41am
The best trade in the Forex Market now in my opinion :
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  • #24,686
  • Oct 9, 2018 6:56am Oct 9, 2018 6:56am
Quoting jaylovin
Longs were closed +10. This is lingering around the lows for a while, so i think its going lower yet. The 1.1444-47 level looks like a good long. Then i have a 1.1350 area
‘Wow went straight through. 1.1414 may give some but next daily support is 1.1350 then an attack on 1.13 - I see 1.12 as strong support, it may hold for a decent bounce
  • #24,687
  • Oct 9, 2018 7:21am Oct 9, 2018 7:21am
Looking bearish.. to me a bounce after 1435 looked decent, but probably better 1410/20 window.. no need for much stop below 1410 (take the loss early).. maybe enough to get a 1504/49 short, target 1369. trying for a 1415x long.. to 1504, then short for 1369,,
Attached Image
those who can, do. those who cant, talk about those who can
  • #24,688
  • Oct 9, 2018 7:22am Oct 9, 2018 7:22am
Quoting Mr.N
The best trade in the Forex Market now in my opinion : {image}
Explain :

Colors = blue candle red candle blue candle red candle (red blue red blue) then come 2 red, so that pattern say there is blue power is coming

AB=CD = As you can see the blue arrow from point a to point b is equal to the next blue arrow from point c to point D , so AB=CD its mean up power is coming

BB= Bollinger band, price touch the first BB at the Monthly chart so its mean up move is coming

Trendline = trend line buy point is the 3-time price touch it, so you can see in orange 1 2 3, I connect 2 low (1 and 2) and the price gets to 3
from the 3 touch price need to go up

So 4 different tools say that this CAD/NZD need to go up
  • #24,689
  • Edited 7:39am Oct 9, 2018 7:24am | Edited 7:39am
Quoting BlueCirrus
{quote} {quote} Market appears to be uninterested in giving a higher level to short from for the time being. My focus remains on the sequence that I have been following for the last 12 or 14 months and it's corrective sequence since mid August. 1.14474 (19 month halfback mid) and 1.14447 (LM of the corrective H4 sequence) are the numbers that I'm watching closely. A bounce from the LM can take it to 1630 - 1652, and a bounce from halfback can take it to 1925-2001. All of this is on the road to 0944/1026 with one big question mark - Will the corrective H4 LM send it to 2054 norm before 1026? At this time, I don't think it will. {quote} I trade only ES, 6E and occasionally, CL futures. Busy with other things again today, so not trading atm, and it's a US bank holiday anyway.
That question might be settled now.

Just hit a 155.9.....Can retrace to it's norm at 1.1692, but not enough evidence for that atm. 1645x halfback UM looks more probable for any bounce.
  • #24,690
  • Oct 9, 2018 7:43am Oct 9, 2018 7:43am
Quoting BlueCirrus
{quote} That question might be settled now. Just hit a 155.9.....Can retrace to it's norm at 1.1692, but not enough evidence for that atm. 1645x halfback UM looks more probable for any bounce.
might have to wait for mid november for a decent bounce. I'm buying above 1300, as near as i can to it..
those who can, do. those who cant, talk about those who can
  • #24,691
  • Oct 9, 2018 7:47am Oct 9, 2018 7:47am
Quoting gatorinla
Looking bearish.. to me a bounce after 1435 looked decent, but probably better 1410/20 window.. no need for much stop below 1410 (take the loss early).. maybe enough to get a 1504/49 short, target 1369. trying for a 1415x long.. to 1504, then short for 1369,, {image}
The road is written in the chart ... 1.1409 >> 1.1553 >> 1.1300 ...
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I am who I am
  • #24,692
  • Oct 9, 2018 8:11am Oct 9, 2018 8:11am
Quoting gatorinla
{quote} might have to wait for mid november for a decent bounce. I'm buying above 1300, as near as i can to it..
Yeah, 1300 is a BRN, so likely will see some reaction there.

The corrective H4 I've been following since mid August is now officially retired - (Couldn't take it off the chart until the LM was taken out).

I'm too busy with other stuff to do much trading right now, but here's what I have atm,(1614x rather than 1645x) with only minimal evidence to support it though.

The bigger picture is still 0944/1026, then up.

Once again, gotta run............Good luck with it!
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  • #24,693
  • Oct 9, 2018 8:30am Oct 9, 2018 8:30am
Eur/Usd: Daily Market Trends Update 10/9/2018

Eur/Usd On 10/9/2018 at 9am est.. Boulder Multi Time Frame System:

1H, Downtrend, Trend stop at 1H close 1.1500, Running Period: 30x1H
4H, Downtrend, Trend stop at 4H close 1.1534, Running Period: 44 x 4H
Daily, Downtrend, Trend stop at day close 1.1791, Running Period: 5 days.
Weekly, Downtrend, Trend stop at week close 1.1808,Running Period: 21week


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

Trading Strategy:

Currently all trends are downtrend, shorts trade. If you trade 1H trend, preference is to short as long as downtrend stop 1.1500 held at 1H close
  • #24,694
  • Oct 9, 2018 8:39am Oct 9, 2018 8:39am
since I have added GBP/USD to my daily trading.. I will gather the same system info as Euro.


GBP/Usd: Daily Market Trends Update 10/9/2018

Eur/Usd On 10/9/2018 at 9am est.. Boulder Multi Time Frame System:

1H, Downtrend, Trend stop at 1H close 1.3111, Running Period: 32x1H
4H, Uptrend, Trend stop at 4H close 1.2990, Running Period: 14 x 4H
Daily, Uptrend, Trend stop at day close 1.2947, Running Period: 22 days.
Weekly, Downtrend, Trend stop at week close 1.3448,Running Period: 20week


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

Trading Strategy:

Currently H1 up trend whole 4H and Daily are downtrend, mix signal , range trade. If you trade 1H trend, preference is to short as long as downtrend stop 1.3111 held at 1H close
..
  • #24,695
  • Oct 9, 2018 9:02am Oct 9, 2018 9:02am
treasurys at 7 year highs..
those who can, do. those who cant, talk about those who can
  • #24,696
  • Oct 9, 2018 9:26am Oct 9, 2018 9:26am
Quoting gatorinla
Looking bearish.. to me a bounce after 1435 looked decent, but probably better 1410/20 window.. no need for much stop below 1410 (take the loss early).. maybe enough to get a 1504/49 short, target 1369. trying for a 1415x long.. to 1504, then short for 1369,, {image}
looks like 1435 was enough.. I will still look for the short 1504/49
L close today above <1475> may test 1510/16 Resistance..
Attached Image
those who can, do. those who cant, talk about those who can
  • #24,697
  • Oct 9, 2018 9:44am Oct 9, 2018 9:44am
Quoting Boulder
since I have added GBP/USD to my daily trading.. I will gather the same system info as Euro. ...
I wonder if your system performs well for the cable ... GBP/USD is a wild horse while EUR/USD is a wild pony ...
I am who I am
  • #24,698
  • Oct 9, 2018 9:47am Oct 9, 2018 9:47am
Quoting imwim
{quote} I wonder if your system performs well for the cable ... GBP/USD is a wild horse while EUR/USD is a wild pony ...
not sure.. I have to see.. I have to say.. I hate cable.. I
  • #24,699
  • Oct 9, 2018 9:49am Oct 9, 2018 9:49am
EURO bottomed at 114.32 BIG . Long now

  • #24,700
  • Oct 9, 2018 9:54am Oct 9, 2018 9:54am
Quoting Boulder
{quote} not sure.. I have to see.. I have to say.. I hate cable.. I
I hate Draghi - a wolf in sheep's clothing ...
I am who I am
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