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The Swamp

  • #36,581
  • Jun 11, 2019 6:32am Jun 11, 2019 6:32am
Quoting Boulder
{quote} H1 uptrend stop is 1309. Using time stop, there are 70% chance H1 will reverse to downtrend today..
i have some pending below the 200 to catch the 9am spike.
those who can, do. those who cant, talk about those who can
  • #36,582
  • Jun 11, 2019 6:32am Jun 11, 2019 6:32am
Quoting pipcenturion
Sell limit at 1.1332 Target : 1.1257 Stop loss: 50 pips Note: you can also try 1.13218 as entry
If you made room for spread + 1 pip, your entry should have ZERO draw down.

Now already in some decent profit.

Enjoy the trade!
  • #36,583
  • Jun 11, 2019 6:34am Jun 11, 2019 6:34am
@gartorinla, are we permitted to post trade recommendations for other pairs on this thread?
  • #36,584
  • Jun 11, 2019 6:36am Jun 11, 2019 6:36am
Quoting pipcenturion
@gartorinla, are we permitted to post trade recommendations for other pairs on this thread?
if you want..just not bs to lure newbies.
those who can, do. those who cant, talk about those who can
  • #36,585
  • Jun 11, 2019 6:40am Jun 11, 2019 6:40am
Quoting pipcenturion
{quote} If you made room for spread + 1 pip, your entry should have ZERO draw down. Now already in some decent profit. Enjoy the trade!
1332 is a big month number. it's a area. I have more pending sells above it.. I think they will trigger within the next 1.5h.
atm pa 1311
those who can, do. those who cant, talk about those who can
  • #36,586
  • Jun 11, 2019 6:41am Jun 11, 2019 6:41am
Quoting gatorinla
{quote} if you want..
Okay, thanks.

NZDUSD : buy at 0.6578 (make room for spread +1 pip)

Stop loss: 30 pips

Target : 0.6634 and higher
  • #36,587
  • Jun 11, 2019 6:43am Jun 11, 2019 6:43am
Quoting Boulder
{quote} added 1318
ea added 1328 short while I was sleep.. just cashed out both shorts at 1315 and 1313, +19..
  • #36,588
  • Jun 11, 2019 6:47am Jun 11, 2019 6:47am
Quoting gatorinla
{quote} 1332 is a big month number. it's a area. I have more pending sells above it.. I think they will trigger within the next 1.5h
I don't think your pending sell trades will trigger.

Reason: Price is already trading below 1.13164 which happens to be the intra - day resistance (volume adjusted price).

First target is 1.12567

From where we can re-assess the position for fresh long entry.

EURUSD still needs to get to 1.1430 or slightly higher before fresh sell off on the weekly tf will kick in.
  • #36,589
  • Jun 11, 2019 6:53am Jun 11, 2019 6:53am
Quoting gatorinla
{quote} i take it any drop will wait till after 9 est. pendings waiting.. {image}
Yes, bulls advance will be blocked over next a couple of hours by 5.3 billion option expiry 1340-1360
  • #36,590
  • Jun 11, 2019 6:55am Jun 11, 2019 6:55am
Quoting pipcenturion
{quote} I don't think your pending sell trades will trigger. Reason: Price is already trading below 1.13164 which happens to be the intra - day resistance (volume adjusted price). First target is 1.12567 From where we can re-assess the position for fresh long entry. EURUSD still needs to get to 1.1430 or slightly higher before fresh sell off on the weekly tf will kick in.
Keep this going .. seldom talked about idea in this thread...
  • #36,591
  • Jun 11, 2019 6:56am Jun 11, 2019 6:56am
Quoting pipcenturion
{quote} I don't think your pending sell trades will trigger. Reason: Price is already trading below 1.13164 which happens to be the intra - day resistance (volume adjusted price). First target is 1.12567 From where we can re-assess the position for fresh long entry. EURUSD still needs to get to 1.1430 or slightly higher before fresh sell off on the weekly tf will kick in.
all the levels your posting have past relevance. 1315 1332 ect,.. The pendings are there for a possible 9 am est spike toward 1369. I dont know if it will go there. I have a net up in case it does,
those who can, do. those who cant, talk about those who can
  • #36,592
  • Jun 11, 2019 6:57am Jun 11, 2019 6:57am
Quoting Boulder
{quote} Using time stop, there are 70% chance H1 will reverse to downtrend today..
I think it is more like 99.5% chance that H1 will reverse to down trend today.
  • #36,593
  • Jun 11, 2019 6:58am Jun 11, 2019 6:58am
1.1301 i will scalp a long here with a 6 pip stop
  • #36,594
  • Jun 11, 2019 6:59am Jun 11, 2019 6:59am
Quoting Boulder
{quote} H1 uptrend stop is 1309. Using time stop, there are 70% chance H1 will reverse to downtrend today..
testing, one min to go

Update:
Bulls held its stop at close... new hour to go.. to see bears try again for new hour...
  • #36,595
  • Jun 11, 2019 7:04am Jun 11, 2019 7:04am
Quoting pipcenturion
{quote} I think it is more like 99.5% chance that H1 will reverse to down trend today.
yes,, agree... once H1 reverses, bears next target H4 1250 atm...
  • #36,596
  • Jun 11, 2019 7:05am Jun 11, 2019 7:05am
Quoting Boulder
{quote} yes,, agree... once H1 reverses, bears next target H4 1250 atm...
maybe later today. if its going to bounce some before 9. now would be a good time. just 1h to go. maybe a nice looking dt.
those who can, do. those who cant, talk about those who can
  • #36,597
  • Jun 11, 2019 7:06am Jun 11, 2019 7:06am
Supply channel (corrective) is already in place on H1 but the lower extremum of the channel will NOT hold.

Reason: Price has failed to make a new high and a break of the 1.1290 low (which happens before price will get to the channel base) now means that we have a LOWER HIGH and a LOWER LOW = DOWN TREND.

The 161.8% fib extension also sits around 1.12567

I hope this explanation is logical enough?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1_supply channel.png Size: 48 KB
  • #36,598
  • Edited 7:33am Jun 11, 2019 7:09am | Edited 7:33am
Trump twitter about euro.... .scalp a short at 1319...


..
Attached Image
  • #36,599
  • Jun 11, 2019 7:10am Jun 11, 2019 7:10am
Quoting gatorinla
{quote} maybe later today. if its going to bounce some before 9. now would be a good time. just 1h to go. maybe a nice looking dt.
she is trying..22 pip pop this h already
those who can, do. those who cant, talk about those who can
  • #36,600
  • Jun 11, 2019 7:16am Jun 11, 2019 7:16am
Quoting pipcenturion
{quote} I think it is more like 99.5% chance that H1 will reverse to down trend today.
Trump tweet just mess up the picture .. that is why I don't give out that high confidence levels...leave some room for the unexpected...
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