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The Swamp

  • #35,961
  • May 31, 2019 8:52am May 31, 2019 8:52am
Quoting Boulder
The drop may be done by SOMA... I wont be surprise this will retrace all the way back....I am waiting to short again ....
Short at what level?
  • #35,962
  • May 31, 2019 8:54am May 31, 2019 8:54am
Quoting mars1
{quote} Short at what level?
enter in stages.....
scalp one here 1155.6
  • #35,963
  • May 31, 2019 8:56am May 31, 2019 8:56am
Quoting Boulder
{quote} stage in... scalp one here 1155.6
Thanks bud. Let me try one
  • #35,964
  • May 31, 2019 8:57am May 31, 2019 8:57am
Quoting mars1
{quote} Thanks bud. Let me try one
I only look for 10 pips for scalp.. I may close out early ..
  • #35,965
  • May 31, 2019 9:01am May 31, 2019 9:01am
Quoting Boulder
{quote} enter in stages..... scalp one here 1155.6
out 1149.1
  • #35,966
  • May 31, 2019 9:04am May 31, 2019 9:04am
Quoting Boulder
{quote} enter in stages..... scalp one here 1155.6
Boulder you a mofo. Im $600 in profit on a 10 lot. Weekend money . Thank bro
  • #35,967
  • May 31, 2019 9:05am May 31, 2019 9:05am
Quoting mars1
{quote} Boulder you a mofo. Im $600 in profit on a 10 lot. Weekend money . Thank bro
Good for you....
  • #35,968
  • May 31, 2019 9:30am May 31, 2019 9:30am
Damn, that was a bit silly. Caught a sweet short and locked it in. There was a great M15 supply hiding up in there.

Didn't take anything off it as nipped out to the shops. Now looking bullish again.

Will figure something out with this later towards the close...
Attached Image (click to enlarge)
Click to Enlarge Name: EU.PNG Size: 30 KB
  • #35,969
  • May 31, 2019 9:30am May 31, 2019 9:30am
Gator says we should respect today. Indeed a true saying. Price slowly crawling back up. out of all my shorts in profit.Close to 1.1180 and I'll get in again.
  • #35,970
  • May 31, 2019 9:34am May 31, 2019 9:34am
Quoting C-12
Damn, that was a bit silly. Caught a sweet short and locked it in. There was a great M15 supply hiding up in there. Didn't take anything off it as nipped out to the shops. Now looking bullish again. Will figure something out with this later towards the close... {image}
see if 1163 drops it now. irt #
those who can, do. those who cant, talk about those who can
  • #35,971
  • May 31, 2019 9:50am May 31, 2019 9:50am
Quoting gatorinla
{quote} see if 1163 drops it now. irt #
Maybe, I've lost my reading on PA which has now turned into a shambolic mess on H1/M15

At least we got a 55 pip range to work with today.
  • #35,972
  • May 31, 2019 10:01am May 31, 2019 10:01am
Quoting C-12
{quote} Maybe, I've lost my reading on PA which has now turned into a shambolic mess on H1/M15 At least we got a 55 pip range to work with today.
today is not a normal day on the calendar. Bears and bulls getting screwed is normal. This could turn to a summer range. 1145.9 may determine future moves. If above 1145.9, it may just range.. 138x/1100 ish. The Q, month, week day are bearish.. Bearish into 1145.9 valid month support.

atm live first line of day (1176.6) resistance at 1163.
those who can, do. those who cant, talk about those who can
  • #35,973
  • Edited 10:28am May 31, 2019 10:15am | Edited 10:28am
Quoting gatorinla
{quote} today is not a normal day on the calendar. Bears and bulls getting screwed is normal. This could turn to a summer range. 1145.9 may determine future moves. If above 1145.9, it may just range.. 138x/1100 ish. The Q, month, week day are bearish.. Bearish into 1145.9 valid month support. atm live first line of day (1176.6) resistance at 1163.
Quick scan on DX (D1 and H4).

We can see the supply zones on both of these charts that caused today's bull move on EURUSD.

We've got a demand on Daily and we've just touched it, plus a H4 demand zone in there as well. These levels need to hold.

It looks like we're not going to get any PA confirmation in either direction until next week, but the trend favours up.
Attached Image (click to enlarge)
Click to Enlarge Name: DX.PNG Size: 80 KB
  • #35,974
  • May 31, 2019 10:22am May 31, 2019 10:22am
Quoting gatorinla
{quote} today is not a normal day on the calendar. Bears and bulls getting screwed is normal. This could turn to a summer range. 1145.9 may determine future moves. If above 1145.9, it may just range.. 138x/1100 ish. The Q, month, week day are bearish.. Bearish into 1145.9 valid month support. atm live first line of day (1176.6) resistance at 1163.
So you saying close above 1145.9 and it bull?
  • #35,975
  • Edited 10:40am May 31, 2019 10:27am | Edited 10:40am
Quoting mars1
{quote} So you saying close above 1145.9 and it bull?
No. I'm saying it has a chance to rise with week, day etc fighting it.

You people need to accept, markets range. Markets range more times than trend. 1145.9 is a wildcard.
those who can, do. those who cant, talk about those who can
  • #35,976
  • May 31, 2019 10:33am May 31, 2019 10:33am
Next week ECB. Rates to remain same. ECB officials see the next rate hike as further away than first thought. Probably 1.11 has been kept like a sheep for the slaughter next week?

I still see that number giving in.
  • #35,977
  • May 31, 2019 10:39am May 31, 2019 10:39am
6 weeks of range.. with last month closing above 1145.9.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 45 KB
those who can, do. those who cant, talk about those who can
  • #35,978
  • May 31, 2019 10:49am May 31, 2019 10:49am
Quoting gatorinla
{quote} No. I'm saying it has a chance to rise with week, day etc fighting it. You people need to accept, markets range. Markets range more times than trend. 1145.9 is a wildcard.
Ahh i see. We learn something new everyday. Thanks for that insight gator. Really appreciate it
  • #35,979
  • May 31, 2019 10:55am May 31, 2019 10:55am
Quoting gatorinla
6 weeks of range.. with last month closing above 1145.9. {image}
This is the reason i follow this thread. You are realistic. No bullshit.
  • #35,980
  • May 31, 2019 10:57am May 31, 2019 10:57am
Quoting mars1
{quote} Ahh i see. We learn something new everyday. Thanks for that insight gator. Really appreciate it
It may rise because of its inability to close below 1145.9. It may rise to a lesser chance with a rise below 1145.9. The rise if any should be muted. It will be better to sell rise. Pay attention to overbought conditions. The 2.5% swap is a big deal on large positions. About a pip a day.. The drop is compressing pa against month 1145.9 close. The winner not yet known.. And even if not this month.. We can do this all over next month.. next month is a Q end.. pa today still can close below last months close here.
those who can, do. those who cant, talk about those who can
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