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The Swamp

  • #33,161
  • Apr 8, 2019 10:29am Apr 8, 2019 10:29am
Quoting gatorinla
{quote} when/if it rolls, i will post. not closing last week under 1209 is part of this. likely range above 1209 till it breaks decisive. inability to get above 1215 shouldn't be taken as bullish
you talk about week.. I talk about trading for the short term time frames H1 and H4..

by the way, my oanda accounts are shorting these..from 1269..I am with you for the intermediate term...
  • #33,162
  • Apr 8, 2019 10:30am Apr 8, 2019 10:30am
Quoting Boulder
{quote} you talk about week.. I talk about trading for the short term time frames H1 and H4..
sorry I meant 1315.. it's in a tough place above 1209. If it's not going north, it may range and give some false trend signals.. consolidate some, where m.a. get real close, making a false trigger signal appear in the smaller range.
those who can, do. those who cant, talk about those who can
  • #33,163
  • Apr 8, 2019 10:32am Apr 8, 2019 10:32am
Quoting gatorinla
{quote} when/if it rolls, i will post. not closing last week under 1209 is part of this. likely range above 1209 till it breaks decisive. inability to get above 1315 shouldn't be taken as bullish
M15 just change to sell signal from our programs ..with TP 1254 and 1247 . good luck bears...
  • #33,164
  • Apr 8, 2019 10:52am Apr 8, 2019 10:52am
Quoting Boulder
{quote} M15 just change to sell signal from our programs ..with TP 1254 and 1247 . good luck bears...
yeah, this is what I mean. in this situation your 4h and 1h trend stop at 1209,will be very close to atm pa.
those who can, do. those who cant, talk about those who can
  • #33,165
  • Apr 8, 2019 11:03am Apr 8, 2019 11:03am
Quoting gatorinla
{quote} yeah, this is what I mean. in this situation your 4h and 1h trend stop at 1209,will be very close to atm pa.
I think we have seen the bounce for today high at ,,1274,,.I don't think bulls have more to go further ..
  • #33,166
  • Edited 12:00pm Apr 8, 2019 11:23am | Edited 12:00pm
one could argue this is a shampoo taking place now with a target at 1.1345... though shampoo usually takes place at the end of a trend which we haven't done so i will invalidate this pattern

h1 stoch is overbought still... daily is oversold... price isn't really breaking below 1360 at this point... and daily has more room for up...

so short sells at 1306, 1324, 1345 are areas i would look at... 1175 will break
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  • #33,167
  • Apr 8, 2019 11:23am Apr 8, 2019 11:23am
Quoting Boulder
{quote} I think we have seen the bounce for today high at ,,1274,,.I don't think bulls have more to go further ..
still within 1107 footprints. 15m is above pa atm.. the day at 1280 is still good R.

If it can't remain above 1238 or 1233 for day close. I would be more inclined to short. but bears still have to get past 1209 to hold.. LC today was higher.
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those who can, do. those who cant, talk about those who can
  • #33,168
  • Apr 8, 2019 11:25am Apr 8, 2019 11:25am
I'm short at 1.1267, 1.1271 and 1.1272. I'd love to see anything close to 1.124x area for TP. I'm also emboldened by that one hour bearish engulfing bar.
  • #33,169
  • Apr 8, 2019 11:26am Apr 8, 2019 11:26am
Quoting jaylovin
one could argue this is a shampoo taking place now with a target at 1.1345... though shampoo usually takes place at the end of a trend which we haven't done so i will invalidate this pattern h1 stoch is oversold still... price isn't really breaking below 1360 at this point... and daily has more room for up... so short sells at 1306, 1324, 1345 are areas i would look at... 1175 will break {image}
your chart >80, I thought that is overbought..
  • #33,170
  • Apr 8, 2019 11:37am Apr 8, 2019 11:37am
Quoting Boulder
{quote} I think we have seen the bounce for today high at ,,1274,,.I don't think bulls have more to go further ..
waiting for a flip into trend. back to bed, unless 1266 does it..
those who can, do. those who cant, talk about those who can
  • #33,171
  • Apr 8, 2019 11:39am Apr 8, 2019 11:39am
Quoting Boulder
{quote} your chart >80, I thought that is overbought..
it is.
those who can, do. those who cant, talk about those who can
  • #33,172
  • Apr 8, 2019 11:45am Apr 8, 2019 11:45am
Quoting gatorinla
{quote} waiting for a flip into trend. back to bed, unless 1266 does it..
Don't laugh at me.. I barely draw chart.. is daily chart a bearish pennant for continuation?
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  • #33,173
  • Apr 8, 2019 11:59am Apr 8, 2019 11:59am
Quoting Boulder
{quote} your chart >80, I thought that is overbought..

Oops typo... thanks. I fix it now
  • #33,174
  • Apr 8, 2019 12:10pm Apr 8, 2019 12:10pm
Quoting fxtyrant
Im currently long EURCHF from 1.1210
Closed EURCHF longs for take profit at 1.1255
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #33,175
  • Apr 8, 2019 12:24pm Apr 8, 2019 12:24pm
Quoting Boulder
{quote} Don't laugh at me.. I barely draw chart.. is daily chart a bearish pennant for continuation? {image}
I do see the hl .. the break out high, is a lower high.. hang on..
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those who can, do. those who cant, talk about those who can
  • #33,176
  • Apr 8, 2019 12:42pm Apr 8, 2019 12:42pm
Quoting Boulder
{quote} Don't laugh at me.. I barely draw chart.. is daily chart a bearish pennant for continuation? {image}
tl are subjective just like any other method. the truest method is price. numbers/levels of a high or low always remain fixed to an equal time. on the day and week i can draw a big descending wedge. I also can draw it as a channel. it just depends on where you start and end. 5 different people can draw 5 different tl on the same chart. highs and lows dont change, timed high and low closes shouldn't change either. You have to have some sort of benchmark to calibrate anything. then you argue what calibration to use.
those who can, do. those who cant, talk about those who can
  • #33,177
  • Apr 8, 2019 12:44pm Apr 8, 2019 12:44pm
Quoting gatorinla
{quote} tl are subjective just like any other method. the truest method is price. numbers/levels of a high or low always remain fixed to an equal time. on the day and week i can draw a big descending wedge. I also can draw it as a channel. it just depends on where you start and end. 5 different people can draw 5 different tl on the same chart. highs and lows dont change, timed high and low closes shouldn't change either. You have to have some sort of benchmark to calibrate anything. then you argue what calibration to use.
ok.. thanks.. I just wonder whether I should buy that break out the 1280 /90 to 1300 above...
maybe I don't need to worry.. euro is coming down now...1257 is M15 uptrend stop...
  • #33,178
  • Apr 8, 2019 1:03pm Apr 8, 2019 1:03pm
Quoting Boulder
{quote} ok.. thanks.. I just wonder whether I should buy that break out the 1280 /90 to 1300 above... maybe I don't need to worry.. euro is coming down now...1257 is M15 uptrend stop...
the 30 is there too.
those who can, do. those who cant, talk about those who can
  • #33,179
  • Apr 8, 2019 1:12pm Apr 8, 2019 1:12pm
Quoting gatorinla
{quote} the 30 is there too.
I am still waiting to long some though since H1 and H4 are refresh uptrends...
so slow movement...
  • #33,180
  • Apr 8, 2019 4:09pm Apr 8, 2019 4:09pm
Quoting gatorinla
{quote} still within 1107 footprints. 15m is above pa atm.. the day at 1280 is still good R. If it can't remain above 1238 or 1233 for day close. I would be more inclined to short. but bears still have to get past 1209 to hold.. LC today was higher. {image}
still footprints for 1107, day closed below 1257. not 1233, but it dropped below 1257 minutes b4 close.
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those who can, do. those who cant, talk about those who can
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