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The Swamp

  • #34,601
  • May 8, 2019 10:41am May 8, 2019 10:41am
Quoting Boulder
{quote} out 1196.. will short again scalp short again 1203.. crazy price action..
stop out 1211,-8.. I am done today...
  • #34,602
  • May 8, 2019 10:43am May 8, 2019 10:43am
Quoting Boulder
{quote} out 1196.. will short again scalp short again 1203.. crazy price action..
What price action are you watching...?
Patience is key
  • #34,603
  • May 8, 2019 10:43am May 8, 2019 10:43am
by the way H4 downtrend stop 1212.. right here testing...one hour 15 mins to go...
  • #34,604
  • May 8, 2019 10:44am May 8, 2019 10:44am
Quoting seenkat
{quote} What price action are you watching...?
I would stay shorting since its testing H4 stop 1212..... pa so choppy.. just not mood today..
  • #34,605
  • May 8, 2019 10:55am May 8, 2019 10:55am
I suggest buying EURUSD.

First target 1.1241

Second target 1.1279

Final target 1.1436
  • #34,606
  • May 8, 2019 10:57am May 8, 2019 10:57am
Looking ahead, no news (unless US/China trading war) till Powell speech and US inflation tomorrow morning... ..
Good luck...
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  • #34,607
  • May 8, 2019 11:00am May 8, 2019 11:00am
Quoting pipcenturion
I suggest buying EURUSD. First target 1.1241 Second target 1.1279 Final target 1.1436
why long? atm , bears are still in the uphand... with H4, day , weekly all in downtrend.. if bulls can close above 1212 at H4 close.. maybe..
  • #34,608
  • May 8, 2019 11:07am May 8, 2019 11:07am
Quoting Boulder
{quote} why long? atm , bears are still in the uphand... with H4, day , weekly all in downtrend.. if bulls can close above 1212 at H4 close.. maybe..
Daily is not down in my opinion. Check the chart, you will see 2 swing lows that can be connected to draw an UPTREND line.

I expect H4 to come in sync with daily and then we will see the bulls move with ease.
Attached Image (click to enlarge)
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  • #34,609
  • May 8, 2019 11:11am May 8, 2019 11:11am
Quoting Boulder
{quote} why long? atm , bears are still in the uphand... with H4, day , weekly all in downtrend.. if bulls can close above 1212 at H4 close.. maybe..
day sitting at 1216..close below 1196 still on bear side.

against trend setup for 1300 or 1315. it would take a lot to do that one. closing below 1196 especially on a 1241 slap down, should drop it.

It hasn't even got above 1216 atm

the market ranges most of the time.
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those who can, do. those who cant, talk about those who can
  • #34,610
  • May 8, 2019 11:14am May 8, 2019 11:14am
Quoting gatorinla
{quote} day sitting at 1216..close below 1196 still on bear side. against trend setup for 1300 or 1315. it would take a lot to do that one. closing below 1196 especially on a 1241 slap down, should drop it. It hasn't even got above 1216 atm the market ranges most of the time. {image}
Been scalping shorts from the 1210 area for 5 and 10 pips. Done 15 trades today and all worked.
  • #34,611
  • May 8, 2019 11:19am May 8, 2019 11:19am
Quoting priceaction1
testing me.
Good you stay... lets hit 1150s ...I still have 3 other shorts working...
  • #34,612
  • May 8, 2019 11:20am May 8, 2019 11:20am
Quoting mars1
{quote} Been scalping shorts from the 1210 area for 5 and 10 pips. Done 15 trades today and all worked.
that's the way.
those who can, do. those who cant, talk about those who can
  • #34,613
  • May 8, 2019 11:21am May 8, 2019 11:21am
Quoting Boulder
{quote} Good you stay... lets hit 1150s ...I still have 3 other shorts working...
Wow. Hows thats drop in euro now
  • #34,614
  • May 8, 2019 11:21am May 8, 2019 11:21am
Once Gold gets between 1279 -1277 region we will see EURUSD buying.

This is just my opinion.
  • #34,615
  • May 8, 2019 11:21am May 8, 2019 11:21am
LOL what a move, any idea what triggered it?!?!? Daily went bearish in a matter of minutes.
Attached Image (click to enlarge)
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  • #34,616
  • May 8, 2019 11:25am May 8, 2019 11:25am
Quoting pipcenturion
Once Gold gets between 1279 -1277 region we will see EURUSD buying. This is just my opinion.
when gold drops.. there is little to catch it.
Attached Image (click to enlarge)
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those who can, do. those who cant, talk about those who can
  • #34,617
  • May 8, 2019 11:25am May 8, 2019 11:25am
Quoting blackjacker
LOL what a move, any idea what triggered it?!?!? Daily went bearish in a matter of minutes.{image}
one is testing 1212 H4 downtrend stop...bears held...
  • #34,618
  • May 8, 2019 11:26am May 8, 2019 11:26am
I expect a 15 -minute candle to CLOSE at 1.1178 then we will see buyers resume their buying.
  • #34,619
  • May 8, 2019 11:27am May 8, 2019 11:27am
Quoting gatorinla
{quote} day sitting at 1216..close below 1196 still on bear side. against trend setup for 1300 or 1315. it would take a lot to do that one. closing below 1196 especially on a 1241 slap down, should drop it. It hasn't even got above 1216 atm the market ranges most of the time. {image}
Bears need to hold down that 1188 at H1 close ..30 mins to go...
  • #34,620
  • May 8, 2019 11:30am May 8, 2019 11:30am
Quoting blackjacker
LOL what a move, any idea what triggered it?!?!? Daily went bearish in a matter of minutes.{image}
it never stopped being bearish.
those who can, do. those who cant, talk about those who can
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