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The Swamp

  • #36,101
  • Edited 7:50pm Jun 3, 2019 4:22pm | Edited 7:50pm
pa is below 1264 week. Some possible scalps off it later. pa may be reaching for 1315/1390. looking for it or bears to make a decisive move. to hold shorts again.

Pa closed above day numbers. Bullish side of day, week is still open. pa closed bearish side of the week(day close). the first attempt of 1264 rejected.

scalping mood till 1315 is my plan atm.

edit: 1264, not 1164. corrected now
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those who can, do. those who cant, talk about those who can
  • #36,102
  • Jun 3, 2019 9:40pm Jun 3, 2019 9:40pm
6/4/2019 levels

FP R3 ----------1.1323
RU R2 ----------1.1291
FP R2 ----------1.1284
MP R2 ----------1.1278
RU R1 ----------1.1271
WP R3 ----------1.1266
FP R1 ----------1.1260
MP R1 ----------1.1241
WP R2 ----------1.1228
FP PP ----------1.1221
RU S1 ----------1.1215
WP R1 ----------1.1204
RU S2 ----------1.1187
FP S1 ----------1.1182
MP PP ----------1.1180
WP PP ----------1.1167
  • #36,103
  • Jun 3, 2019 11:32pm Jun 3, 2019 11:32pm
IN for a few
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A good trader follows his rules, but great trader knows when to break them
  • #36,104
  • Jun 4, 2019 12:23am Jun 4, 2019 12:23am
Quoting Boulder
{quote} very possible....tomorrow option expiry, two large ones, $1.11 for 1.7 billions and 1.12 for 1.3 billions
This post was made when price was around 117x yesterday. Great insight. We may get 1200 for a start. If 1260 keeps capping this then it may fall even lower.
  • #36,105
  • Jun 4, 2019 12:37am Jun 4, 2019 12:37am
Quoting Mitiblotch
{quote} This post was made when price was around 117x yesterday. Great insight. We may get 1200 for a start. If 1260 keeps capping this then it may fall even lower.
LO should react to yesterday news.
but i think 1260 will not stand as wall.
i hope it is.
  • #36,106
  • Jun 4, 2019 12:52am Jun 4, 2019 12:52am
Quoting gatenio
{quote} LO should react to yesterday news. but i think 1260 will not stand as wall. i hope it is.
You should get a clue from Asia. They did not buy. London for all their madness will not buy few pips close to weekly resistance at 1260 in a downtrend. If they want to buy they'll push it down first. If they break 1260 first from this top then they are probably selling. I have seen this kind of PA several times and I'll repeat it that very long single 4hr candles on EU are usually corrected almost 100%, especially when it's opposite the trend direction.

This is my fallible opinion
  • #36,107
  • Jun 4, 2019 12:59am Jun 4, 2019 12:59am
Quoting Mitiblotch
{quote} You should get a clue from Asia. They did not buy. London for all their madness will not buy few pips close to weekly resistance at 1260 in a downtrend. If they want to buy they'll push it down first. If they break 1260 first from this top then they are probably selling. I have seen this kind of PA several times and I'll repeat it that very long single 4hr candles on EU are usually corrected almost 100%, especially when it's opposite the trend direction. This is my fallible opinion
good theory.
asia usualy not buy the highs.
but im holding massive shorts, i would love to drop them soon
  • #36,108
  • Jun 4, 2019 2:10am Jun 4, 2019 2:10am
Last area of demand very close on DX for a bounce.

Bears need this level to hold to get out of trapped positions.
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  • #36,109
  • Jun 4, 2019 2:21am Jun 4, 2019 2:21am
110 pips above 1175... tried a short here... still looking bullish

see if 1.1220 can be hit
  • #36,110
  • Jun 4, 2019 2:22am Jun 4, 2019 2:22am
It seems no stopping this rise. This is what happens when lows are sold. London not even retracing a pip probably until the stop losses are eaten.
  • #36,111
  • Jun 4, 2019 2:25am Jun 4, 2019 2:25am
Quoting gatenio
{quote} LO should react to yesterday news. but i think 1260 will not stand as wall. i hope it is.
London bought without retracing. Scary.
  • #36,112
  • Jun 4, 2019 2:35am Jun 4, 2019 2:35am
Quoting Mitiblotch
{quote} London bought without retracing. Scary.
im still optimistic..
we are talking about europe.
waiting for bad news
  • #36,113
  • Jun 4, 2019 3:03am Jun 4, 2019 3:03am
Not seeing anything interesting on the EU just yet, some resistance may have formed on the NU at 6602, also marking 136.97 as some R on GJ....

gonna work with those for now....
Look Sharp/Trade Tight
  • #36,114
  • Jun 4, 2019 3:27am Jun 4, 2019 3:27am
Anyone skimmed the top?
  • #36,115
  • Jun 4, 2019 3:44am Jun 4, 2019 3:44am
Quoting C-12
Anyone skimmed the top?
m.. i bough the lows of yesterday.
same?
  • #36,116
  • Jun 4, 2019 3:52am Jun 4, 2019 3:52am
Quoting gatenio
{quote} m.. i bough the lows of yesterday. same?
Had a nibble at it. GU engulfed as well on H1.
  • #36,117
  • Jun 4, 2019 3:54am Jun 4, 2019 3:54am
Just woke up and saw big H1 and H4 pin bar on Euro.. its time for euro to have it check..... yesterday,, I mentioned 50% chance using time stop , it may reverse the H1 trend today...in case not..at least it may show its top out...
Lets see big news coming up in 7 mins...
  • #36,118
  • Jun 4, 2019 3:54am Jun 4, 2019 3:54am
Quoting C-12
Anyone skimmed the top?
Bears had a kick in the balls yesterday and this morning. The only reprieve was seeing London buy the top with a spike and that meant they were going down at least for the mean time.
  • #36,119
  • Jun 4, 2019 4:06am Jun 4, 2019 4:06am
lets see option can bring us today...
Attached Image
  • #36,120
  • Jun 4, 2019 4:07am Jun 4, 2019 4:07am
Quoting Boulder
.. {image}
thanks for posting those....
Look Sharp/Trade Tight
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