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The Swamp

  • #29,221
  • Edited 8:03am Jan 22, 2019 7:37am | Edited 8:03am
Good morning.. a few levels were cleared overnight.. 26 adr so far.. 1337 maybe next to print...

RU R1 ----------1.1377
FP PP ----------1.1371
RU S1 ----------1.1359
FP S1 ----------1.1358
FP S2 ----------1.1350
WP S1 ----------1.1350
RU S2 ----------1.1350
FP S3 ----------1.1337
RU S3 ----------1.1334
MP S1 ----------1.1325
WP S2 ----------1.1317

update: 1337 printed...
  • #29,222
  • Jan 22, 2019 8:06am Jan 22, 2019 8:06am
Quoting bzzz
{quote} I have nearly the same view but with a hope of touching 1.1340 before...unlikely as i can see
Touched sl almost hit! let's see how it pans out now
edit:not looking good
better be not enough salt than too much salt
  • #29,223
  • Jan 22, 2019 8:08am Jan 22, 2019 8:08am
Quoting gatorinla
my 4h eu is still bearish.. I do see this possible bullish wedge on the day.. If the 1351.9 support holds. {image}
support didnt hold.. that short leash was broken. the wedge is still valid till about 1285. the 4h is still bearish. the day, frog in a blender is out now. (as long as the NY day closes below 1368) LClose needs to be below 1354 to further run. Atm bears look good with those closes.
those who can, do. those who cant, talk about those who can
  • #29,224
  • Jan 22, 2019 8:14am Jan 22, 2019 8:14am
its getting close to test daily uptrend stop 1.1321, which started 21 days ago....good luck bulls...if euro still has bulls out there...
  • #29,225
  • Jan 22, 2019 8:37am Jan 22, 2019 8:37am
I dont want to go against the 4h or day. pa has been below 1354 now. sometimes a rejection bounce will proceed after. in this case above 1367 may be a better one (for L close above). other than that for L close.. between 1354 and 1367 is muddy.
those who can, do. those who cant, talk about those who can
  • #29,226
  • Jan 22, 2019 8:40am Jan 22, 2019 8:40am
I took a long at 1.13371...

Stops are at be. If I can ride it up for some then great. I will close half if it gets 1.1360 then leave the rest.

Nothing changes for me yet. I still wait for a sub 1.13 weekly close - it might never come.. let's see
  • #29,227
  • Jan 22, 2019 8:49am Jan 22, 2019 8:49am
Quoting jaylovin
I took a long at 1.13371... Stops are at be. If I can ride it up for some then great. I will close half if it gets 1.1360 then leave the rest. Nothing changes for me yet. I still wait for a sub 1.13 weekly close - it might never come.. let's see
I did too at 1337.. I cash out already ( chicken).. good luck.....
  • #29,228
  • Jan 22, 2019 8:52am Jan 22, 2019 8:52am
Odds of a further drop will decrease some until L closes below 1354/56 area. it may resist some from below. a true rejection bounce would probably close NY above 1417. the 4h is bearish. A rejection off 1354 Lclose can catch you with your pants around your ankles. You dont know till the close, and you dont know how strong. yesterday L close was 1367.. above 1354 and 1367 could be a decent bounce. between 1354 and 1367,, ?????? its best for bears to avoid this and close below 1354.
those who can, do. those who cant, talk about those who can
  • #29,229
  • Jan 22, 2019 9:05am Jan 22, 2019 9:05am
more time to watch..
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those who can, do. those who cant, talk about those who can
  • #29,230
  • Jan 22, 2019 9:15am Jan 22, 2019 9:15am
Quoting gatorinla
more time to watch.. {image}
saw this daily chart which may play out for longs...
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  • #29,231
  • Jan 22, 2019 9:16am Jan 22, 2019 9:16am
Quoting gatorinla
Odds of a further drop will decrease some until L closes below 1354/56 area. it may resist some from below. a true rejection bounce would probably close NY above 1417. the 4h is bearish. A rejection off 1354 Lclose can catch you with your pants around your ankles. You dont know till the close, and you dont know how strong. yesterday L close was 1367.. above 1354 and 1367 could be a decent bounce. between 1354 and 1367,, ?????? its best for bears to avoid this and close below 1354.
its approaching 1367. in a rejection it may travel fast w/o retrace. But atm you never know. 27 pips so far.
those who can, do. those who cant, talk about those who can
  • #29,232
  • Jan 22, 2019 9:22am Jan 22, 2019 9:22am
Quoting Boulder
{quote} saw this daily chart which may play out for longs... {image}
yeah the abcd has 1706.. 1334 at 89% window
those who can, do. those who cant, talk about those who can
  • #29,233
  • Jan 22, 2019 9:30am Jan 22, 2019 9:30am
Quoting gatorinla
{quote} yeah the abcd has 1706.. 1334 at 61% window
little here 89% one here.
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those who can, do. those who cant, talk about those who can
  • #29,234
  • Jan 22, 2019 9:30am Jan 22, 2019 9:30am
Quoting jaylovin
I took a long at 1.13371... Stops are at be. If I can ride it up for some then great. I will close half if it gets 1.1360 then leave the rest. Nothing changes for me yet. I still wait for a sub 1.13 weekly close - it might never come.. let's see
Have a pending BUY
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A good trader follows his rules, but great trader knows when to break them
  • #29,235
  • Jan 22, 2019 9:33am Jan 22, 2019 9:33am
Quoting gatorinla
{quote} little here 89% one here. {image}
larger 61% at 1350. need some signs. inability to close below 1354. could be one. 89 % on the larger at 1253
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those who can, do. those who cant, talk about those who can
  • #29,236
  • Jan 22, 2019 9:36am Jan 22, 2019 9:36am
Quoting gatorinla
Dec closed a little higher. week may be setting up 1705. above 200day ema. my 4h still says short. my day is in limbo. The place the week has the opening ranges from 1350/1253 +-a few is one way or another is ok. using pong above 1651.9 falls in the same window. month wise something lurks in this area. atm my 4h is bearish. that looks to be the way it's headed if it can get a foothold below 1349.. If pa manges to start closing days above 1417, and 4h above 1460.. that 200 day at 1566 looks to be tested. it took 8 weeks weeks to make this possible...
sos
those who can, do. those who cant, talk about those who can
  • #29,237
  • Jan 22, 2019 9:48am Jan 22, 2019 9:48am
closely come to test M15 downtrend stop 1364... bears may hold this down at close...
  • #29,238
  • Jan 22, 2019 9:56am Jan 22, 2019 9:56am
Quoting Boulder
{quote} saw this daily chart which may play out for longs... {image}
my 4h is bearish still. Closing L below 1354 shouldn't change that. It will likely make my day bearish.. then a big fight with your day. I want some agreement.

your day lines up with bounce 1350/1253.. atm my 4h is against that. both can't be right. tl at 1327 plus your day.. abcd .. my 4h maybe wrong.. like it said 1354/67 could be a rejection with a close above now..
those who can, do. those who cant, talk about those who can
  • #29,239
  • Jan 22, 2019 10:07am Jan 22, 2019 10:07am
Quoting gatorinla
{quote} my 4h is bearish still. Closing L below 1354 shouldn't change that. It will likely make my day bearish.. then a big fight with your day. I want some agreement. your day lines up with bounce 1350/1253.. atm my 4h is against that. both can't be right. tl at 1327 plus your day.. abcd .. my 4h maybe wrong.. like it said 1354/67 could be a rejection with a close above now..
in this situation I use time stop... currently H1 and H4 are in downtrend... using time stop H1 over 50 hours now.. H4 over 30 hours , they are the ones that have higher possibility to reverse their trends soon...
  • #29,240
  • Jan 22, 2019 10:10am Jan 22, 2019 10:10am
Quoting gatorinla
{quote} my 4h is bearish still. Closing L below 1354 shouldn't change that. It will likely make my day bearish.. then a big fight with your day. I want some agreement. your day lines up with bounce 1350/1253.. atm my 4h is against that. both can't be right. tl at 1327 plus your day.. abcd .. my 4h maybe wrong.. like it said 1354/67 could be a rejection with a close above now..
If L closes > 1.1367 then 1.1394 is likely to be reached during NY then the close above 1.1410 would pave the way for higher imho
better be not enough salt than too much salt
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