The Swamp | Page 1438 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #28,741
  • Jan 9, 2019 10:29am Jan 9, 2019 10:29am
M5 uptrend stop 1507 atm...
  • #28,742
  • Edited 10:45am Jan 9, 2019 10:32am | Edited 10:45am
if it holds the break, it's very unlikely we stall in the 1.15xx handle imo as markets will be solving a 2 months-old accumulation range.
Still eyeing 1.1650 as final target for the FED's shift swing. Momentum should do the trick if the break holds, and that will unlock 1.18xx for the MT too imo.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-d1-09jan2019.png Size: 68 KB
  • #28,743
  • Jan 9, 2019 10:36am Jan 9, 2019 10:36am
Pending SHORT
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 4 KB
A good trader follows his rules, but great trader knows when to break them
  • #28,744
  • Jan 9, 2019 10:43am Jan 9, 2019 10:43am
Short E/U 1.1534...looking for a revisit of 1318
Why sell the bottoms when you can buy the tops...
  • #28,745
  • Jan 9, 2019 10:51am Jan 9, 2019 10:51am
Quoting Boulder
M5 uptrend stop 1507 atm...
a good sign for bears.. it didn't make new high... now it needs to break M5 uptrend first at 1508 stop...
Bulls need to protect that stop to keep rally alive.. otherwise we see 1490s , 1480s ..before the breakout. even 1440s/50s .where new buyers unfold..
  • #28,746
  • Jan 9, 2019 10:55am Jan 9, 2019 10:55am
H4

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h4-09jan2019.png Size: 73 KB
  • #28,747
  • Jan 9, 2019 10:58am Jan 9, 2019 10:58am
Quoting Replicant
H4 {image}
I like your chart... very informative...
  • #28,748
  • Jan 9, 2019 10:59am Jan 9, 2019 10:59am
Quoting micho
from here on, the more people short the faster we fill 1.219x
thanking everyone who is going or thinking to go short
When life gives you lemons, make lemonade
  • #28,749
  • Jan 9, 2019 11:00am Jan 9, 2019 11:00am
Quoting Boulder
{quote} I like your chart... very informative...
thanks
  • #28,750
  • Jan 9, 2019 11:45am Jan 9, 2019 11:45am
M5 uptrend stop 1516 atm..
  • #28,751
  • Jan 9, 2019 12:22pm Jan 9, 2019 12:22pm
Bullish ascending triangle on M15, not my favorite pattern atm. Holding shorts from an avg of 1520
A snails pace wins the race :-)
  • #28,752
  • Jan 9, 2019 1:03pm Jan 9, 2019 1:03pm
Quoting ill_be_back
Pending SHORT {image}
Triggered
A good trader follows his rules, but great trader knows when to break them
  • #28,753
  • Jan 9, 2019 1:26pm Jan 9, 2019 1:26pm
Minutes pretty uneventful to me, especially after all the endless talking heads interviews we had since last FOMC. Nothing new.

I have now 1.143x as a strong floor in H4 following the confirmed break up in this TF (in my TZ)

1.155x is key on D1 to unlock MT top.
  • #28,754
  • Jan 9, 2019 3:00pm Jan 9, 2019 3:00pm
this is a crazy strong bull candle for the day. shorting is not the preferred option here.... support to buy is 1.15 area - or buy the dips...

here is my chart.... 1.1575 is near term resistence... we might hit it before NY closes then retreat to 1.15... 1.1725 is of particular interest that may resume this bear trend - if it still exists
Attached Image (click to enlarge)
Click to Enlarge Name: download (3).png Size: 255 KB
  • #28,755
  • Jan 9, 2019 3:52pm Jan 9, 2019 3:52pm
I didn't see this trendline -
Attached Image (click to enlarge)
Click to Enlarge Name: download (4).png Size: 224 KB
  • #28,756
  • Jan 9, 2019 4:22pm Jan 9, 2019 4:22pm
Quoting ill_be_back
{quote} Triggered
I got 1.1552 - good luck with it hulkster
Focus.
  • #28,757
  • Jan 9, 2019 4:56pm Jan 9, 2019 4:56pm
just an observation.. The wedge may not let it retrace.. I cant buy eu yet.. maybe 149x or near 1460.. I think on the eu day its over bought... on the week 1570 starts overbought. on the month 1600 starts overbought.
usd mostly mirrors this opposite.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 90 KB
those who can, do. those who cant, talk about those who can
  • #28,758
  • Jan 9, 2019 4:56pm Jan 9, 2019 4:56pm
very stressful day for bears...a short squeeze....
  • #28,759
  • Jan 9, 2019 5:00pm Jan 9, 2019 5:00pm
Quoting gatorinla
just an observation.. The wedge may not let it retrace.. I cant buy eu yet.. maybe 149x or near 1460.. I think on the eu day its over bought... on the week 1570 starts overbought. on the month 1600 starts overbought. usd mostly mirrors this opposite. {image}
What is the target for your wedge gator?
  • #28,760
  • Jan 9, 2019 5:04pm Jan 9, 2019 5:04pm
Quoting Marco-Kanto
{quote} I got 1.1552 - good luck with it hulkster
OUT with a few
A good trader follows his rules, but great trader knows when to break them
40 traders viewing now