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The Swamp

  • #32,321
  • Mar 24, 2019 6:41pm Mar 24, 2019 6:41pm
Quoting swing 123
OR I should say: as long as it stays above 1273 its going up...
as long as below 1.1301, makes .078 the larger target i have valid. one step at a time. 1.1107 could be a higher target. I have 1301 and 1297 as possible R that may harden. PA sits there now. a few weeks ago I saw the 68% your probably using to swing it higher. It bounced till it hit some of the ones I use dropped it. I stick with the drop. Because last week pa didnt beat its previous day and week closes. ATM pa at 1297. If drop is right 1297 may be all it gets now
those who can, do. those who cant, talk about those who can
  • #32,322
  • Edited 7:40pm Mar 24, 2019 6:54pm | Edited 7:40pm
Dont see any formidable trades to take to start the week. only thing is im closing my EURPLN long from 4.2860 xx at 4.30 today.

However, I do see EURNOK long 9.6580 target 9.7350, but not many people would have this pair with their broker,
will have to Long EURUSD for 1x size, and Long USDNOK 1.13x size. to create a synthetic long EURNOK position.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #32,323
  • Edited 7:45pm Mar 24, 2019 7:17pm | Edited 7:45pm
Quoting jaylovin
{quote} last weeks doji is telling me otherwise {image}
its not a doji, or even a eveningstar (inverted hammer) since the lower pin is more than 10%. However if u wait for this weeks candle to aid it. it may show reversal or not. Another problem is looking to the left, that candle is not at past resistance. I would not read to much on that weekly candle. Using a candle reversal technicals.

however on the day candle, it did have a harmi with a entry after 1374 close. it too doesn't show normal Resistance to enter to the left. unless u used other methods to enter. candle wise to the left I could have entered a close below 1387.

using the candle method on a week candle, you want next Friday to close below 1298. This guy is the one who brought candles to the west. it may help..If you want to trade candles. listen to this guy.

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those who can, do. those who cant, talk about those who can
  • #32,324
  • Mar 24, 2019 7:51pm Mar 24, 2019 7:51pm
Quoting gatorinla
{quote} if this proves to be a bear pole. you will not see much retracement. It will condense in a tight pattern and drop again. about an equal distance (approx 1189) 100 pips. A new flag pole may not take much more time to make than the first. It may do it fairly quick. {image}
I lengthened the pole some. 140ish pips.

Quoting gatorinla
{quote} I lengthened the pole some. 140ish pips. {image}
closer to the yellow sized one.
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those who can, do. those who cant, talk about those who can
  • #32,325
  • Mar 24, 2019 9:35pm Mar 24, 2019 9:35pm
Quoting jaylovin
{quote} last weeks doji is telling me otherwise {image}
You are right...mentioned an important support there.
  • #32,326
  • Mar 24, 2019 9:54pm Mar 24, 2019 9:54pm
Short @ 1296....will hang on if 1289 breaks
Its all just one persons opinion
  • #32,327
  • Mar 25, 2019 2:34am Mar 25, 2019 2:34am
Quoting gatorinla
{quote} its not a doji, or even a eveningstar (inverted hammer) since the lower pin is more than 10%. However if u wait for this weeks candle to aid it. it may show reversal or not. Another problem is looking to the left, that candle is not at past resistance. I would not read to much on that weekly candle. Using a candle reversal technicals. however on the day candle, it did have a harmi with a entry after 1374 close. it too doesn't show normal Resistance to enter to the left. unless u used other methods to enter. candle wise to the left I could...

Cool thanks for this watched his stuff many years ago. Time for a refresh
  • #32,328
  • Mar 25, 2019 4:06am Mar 25, 2019 4:06am
Pending
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A good trader follows his rules, but great trader knows when to break them
  • #32,329
  • Mar 25, 2019 4:09am Mar 25, 2019 4:09am
3/25/209 levels, next to print 1330 or 1276
FP R1 ----------1.1368
MP PP ----------1.1364
RU R2 ----------1.1362
WP PP ----------1.1341
RU R1 ----------1.1330
FP PP ----------1.1322
FP S1 ----------1.1276
WP S1 ----------1.1274
MP S1 ----------1.1267
RU S1 ----------1.1265
FP S2 ----------1.1248
WP S2 ----------1.1233
RU S2 ----------1.1233
  • #32,330
  • Mar 25, 2019 4:11am Mar 25, 2019 4:11am
scalp a short here 1318..a little early
  • #32,331
  • Edited 4:37am Mar 25, 2019 4:24am | Edited 4:37am
Quoting Boulder
3/25/209 levels, next to print 1330 or 1276 FP R1 ----------1.1368 MP PP ----------1.1364 RU R2 ----------1.1362 WP PP ----------1.1341 RU R1 ----------1.1330 FP PP ----------1.1322 FP S1 ----------1.1276 WP S1 ----------1.1274 MP S1 ----------1.1267 RU S1 ----------1.1265 FP S2 ----------1.1248 WP S2 ----------1.1233 RU S2 ----------1.1233
12h and 24 hour R at 1324.x, below pa atm. 15m 1301, 1h at 1296. 6h and 4h 1351/52.

12h almost touching 24 h it may bounce below if rejected.

I think you're looking for 1331 retrace? if so I often use 1329 or 34 level. It may wick and close below 1324. I mostly use 1321 as a day close NY for bears. It too has merit. Just have to treat this 1321/51 as an area.
those who can, do. those who cant, talk about those who can
  • #32,332
  • Mar 25, 2019 5:37am Mar 25, 2019 5:37am
Quoting Boulder
scalp a short here 1318..a little early
scratched the trade for +2, sideline for now.. will short higher..
  • #32,333
  • Mar 25, 2019 5:42am Mar 25, 2019 5:42am
Quoting gatorinla
{quote} 12h and 24 hour R at 1324.x, below pa atm. 15m 1301, 1h at 1296. 6h and 4h 1351/52. 12h almost touching 24 h it may bounce below if rejected. I think you're looking for 1331 retrace? if so I often use 1329 or 34 level. It may wick and close below 1324. I mostly use 1321 as a day close NY for bears. It too has merit. Just have to treat this 1321/51 as an area.
today might not drop easy like last Friday, with H1 has reversed to uptrend an hour ago, with H4 downtrend, we are in a range trade
  • #32,334
  • Mar 25, 2019 5:48am Mar 25, 2019 5:48am
Quoting Boulder
{quote} today might not drop easy like last Friday, with H1 has reversed to uptrend an hour ago, with H4 downtrend, we are in a range trade
I dont know how to take the march in Britain this weekend. "in" or "out".. make up their damn mind.. Its like watching British porn underwater with clothespins on my nipples. Give me a break..

1324 unknown strength R. its a day one so it could be decent.
those who can, do. those who cant, talk about those who can
  • #32,335
  • Mar 25, 2019 5:54am Mar 25, 2019 5:54am
Quoting gatorinla
{quote} I dont know how to take the march in Britain this weekend. "in" or "out".. make up their damn mind.. Its like watching British porn underwater with clothespins on my nipples. Give me a break.. 1324 unknown strength R. its a day one so it could be decent.
lol.. why you always go there..
I feel this is going to be a slow Monday again.... bulls want 1330...
  • #32,336
  • Mar 25, 2019 5:56am Mar 25, 2019 5:56am
Quoting Boulder
{quote} lol.. why you always go there
Its not me, its Brexit. Ask anyone over there. Thats hows its described, but with a twist.
those who can, do. those who cant, talk about those who can
  • #32,337
  • Mar 25, 2019 6:12am Mar 25, 2019 6:12am
Quoting Boulder
{quote} scratched the trade for +2, sideline for now.. will short higher..
Something must be stressing you. Go to your office and turn some relaxation music. Lock the door and let nobody in. Turn off your phones,emails etc. Something is getting you out of rhythm. Eliminate what hurts your trading, add what helps your trading. A simple rule in most aspects in life. Less drama will stop emotional trading mistakes.

15 min 1306.. 1h 1299
those who can, do. those who cant, talk about those who can
  • #32,338
  • Mar 25, 2019 6:18am Mar 25, 2019 6:18am
still 45 min.. to go. 1h close below 1299.. then close -1278 should up some floor
those who can, do. those who cant, talk about those who can
  • #32,339
  • Mar 25, 2019 6:29am Mar 25, 2019 6:29am
Shorted at 1.1307 targeting 1.115. STP at 1.1360.
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  • #32,340
  • Mar 25, 2019 6:32am Mar 25, 2019 6:32am
Quoting Boulder
{quote} lol.. why you always go there.. I feel this is going to be a slow Monday again.... bulls want 1330...
I dont scalp much because its too mentally draining. A trader scalping is a lonely time. Deep in your own thoughts to focus. It dont take much outside forces to derail u. You need to be a killer in your own zone. I used to scalp 8 pairs and stay up 6 days straight (trading week). falling asleep a few times, weaned me of this. Back then 200/300 pip eu moves were not unusual. Anyway I thought is was good with 30 something positive trades in a row. On my last trade I fell asleep. I woke up Friday evening with a underwater scalp over the weekend. Long story short, I found some music while in the zone. Kenny Loggins was good cranked up when zoning...It helped mentally drown out the world.
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find what helps you.
those who can, do. those who cant, talk about those who can
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