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The Swamp

  • #38,141
  • Jul 24, 2019 4:32am Jul 24, 2019 4:32am
keeping an eye on USDCHF, some support here near 9855, maybe a chance for 9905 if it holds....
Look Sharp/Trade Tight
  • #38,142
  • Jul 24, 2019 4:41am Jul 24, 2019 4:41am
Quoting gatorinla
{quote} week wise 8923ish is a support.. 4h 8911..
no need to hold it if its a loser. the month has a week to go and rejected the first tap. The day support 8921 area may push it back up. a month close above 9019 is what bulls need. dont fight it if the day is lost.
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those who can, do. those who cant, talk about those who can
  • #38,143
  • Jul 24, 2019 5:58am Jul 24, 2019 5:58am
short 1154 sl 1160
  • #38,144
  • Jul 24, 2019 6:01am Jul 24, 2019 6:01am
Quoting Boulder
{quote} I can't trade like you with so many pairs.. I can only focus one.. 3am here,.. I go back to bed.. talk to you later... I have a long 1137 TP 1147.. hope it will hit soon..
it hit while I sleep..+10, day total +20..
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  • #38,145
  • Jul 24, 2019 6:18am Jul 24, 2019 6:18am
Quoting Boulder
7/24/2019 levels, next to print 1133 or 1158 RU R3 ----------1.1213 FP R2 ----------1.1209 WP S1 ----------1.1203 FP R1 ----------1.1193 RU R2 ----------1.1185 WP S2 ----------1.1183 FP PP ----------1.1169 RU R1 ----------1.1167 MP S2 ----------1.1158 WP S3 ----------1.1151 FP S1 ----------1.1145 RU S1 ----------1.1133 FP S2 ----------1.1129 RU S2 ----------1.1115 FP S3 ----------1.1105 RU S3 ----------1.1087
printed so far... next to print 1158 or 1115...

RU R2 ----------1.1185
WP S2 ----------1.1183
FP PP ----------1.1169
RU R1 ----------1.1167
MP S2 ----------1.1158
WP S3 ----------1.1151
FP S1 ----------1.1145
RU S1 ----------1.1133
FP S2 ----------1.1129
RU S2 ----------1.1115
  • #38,146
  • Jul 24, 2019 7:50am Jul 24, 2019 7:50am
Quoting PayTheLimit
keeping an eye on USDCHF, some support here near 9855, maybe a chance for 9905 if it holds....
this seems less likely now...looking elsewhere, no rush...
Look Sharp/Trade Tight
  • #38,147
  • Jul 24, 2019 8:02am Jul 24, 2019 8:02am
Quoting Boulder
{quote} it hit while I sleep..+10, day total +20.. {image}
Boulder, did you have 1.1137 picked out as a specific place to buy, or did you just get in a buy order at a decent area expecting a pull up due to option expiries?
  • #38,148
  • Jul 24, 2019 8:09am Jul 24, 2019 8:09am
Quoting unlv_tj
{quote} Boulder, did you have 1.1137 picked out as a specific place to buy, or did you just get in a buy order at a decent area expecting a pull up due to option expiries?
I was shooting for option expiries 1150 strike that time..enough distance for my TP
  • #38,149
  • Jul 24, 2019 8:31am Jul 24, 2019 8:31am
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  • #38,150
  • Jul 24, 2019 8:50am Jul 24, 2019 8:50am
And now a 2nd pull up to option expiry 1.1150 with 10 minutes to go. I should have got into this push up, ugh.
  • #38,151
  • Edited 10:19am Jul 24, 2019 10:08am | Edited 10:19am
Quoting gatorinla
{quote} this area may provide some support. but if lc is below 1127 all bets are off on support holding. The day close yesterday was a fresh day bear. Month close wise is 1145.9.. st R 1166 ish..its a week till month closes.. panties should be fresh.. lots of wtf action expected. bears in control, but thursday morning news may spark bulls temperley. possible sell on thursday's pop. Probably not much catalyst till 8:30 est thursday if at all then. ez news before then is likely poor mouth news. Nothing but ecb news till thursday morning. {image}
eg is still playing around 8921, so eu may have a shot at 1124 month support area again. if eg day closes below 8921, eu has a shot of a new LL this lines up with the week and the fresh bearish eu day. eg would still need to close below 8921. or gbp may be the better short, if gbp closes below 1298 on the month.
Atm the gbp is st stronger. I expect the gbp to eventually be the weakest of the 3. That would put gbp close month below 1298, while eg close above 8921. If eu also closes the month below 1145, the usd should be very strong. over the coming months/years with Resistance under 1400
those who can, do. those who cant, talk about those who can
  • #38,152
  • Jul 24, 2019 10:43am Jul 24, 2019 10:43am
Quoting gatorinla
{quote} eg is still playing around 8921, so eu may have a shot at 1124 month support area again. if eg day closes below 8921, eu has a shot of a new LL this lines up with the week and the fresh bearish eu day. eg would still need to close below 8921. or gbp may be the better short, if gbp closes below 1298 on the month. Atm the gbp is st stronger. I expect the gbp to eventually be the weakest of the 3. That would put gbp close month below 1298, while eg close above 8921. If eu also closes the month below 1145, the usd should be very strong. over...
I am sideline on all my accounts... will trade after ecb tomorrow...
  • #38,153
  • Jul 24, 2019 4:15pm Jul 24, 2019 4:15pm
Quoting gatorinla
{quote} eg is still playing around 8921, so eu may have a shot at 1124 month support area again. if eg day closes below 8921, eu has a shot of a new LL this lines up with the week and the fresh bearish eu day. eg would still need to close below 8921. or gbp may be the better short, if gbp closes below 1298 on the month. Atm the gbp is st stronger. I expect the gbp to eventually be the weakest of the 3. That would put gbp close month below 1298, while eg close above 8921. If eu also closes the month below 1145, the usd should be very strong. over...
now the eg has closed below 8921. week support sits at 84.69. The day has gone bearish against the bullish week. The attempt today to challenge months 9018 was slapped down and ended up closing the day trend lower (new bearish day trend). eur looks to be weaker than the gbp for now until month is broken and closed above. closer to 9018 may be a good short toward weeks 84.69. Void if month closes above 9018.

eu wise the eg close taken with yesterdays eu close. makes the euro weaker than usd and gbp comparably for the time being. A surprise on the month close could change this. a 50% drop is 8760 or about 160 pips.
those who can, do. those who cant, talk about those who can
  • #38,154
  • Jul 24, 2019 8:56pm Jul 24, 2019 8:56pm
7/25/2019 levels...Tomorrow Draghi time...probably none of those levels matters...

WP PP ----------1.1235
MP S1 ----------1.1218
WP S1 ----------1.1203
WP S2 ----------1.1183
RU R3 ----------1.1171
FP R3 ----------1.1170
FP R2 ----------1.1159
MP S2 ----------1.1158
RU R2 ----------1.1158
FP R1 ----------1.1152
WP S3 ----------1.1151
RU R1 ----------1.1150
FP PP ----------1.1141
RU S1 ----------1.1134
FP S1 ----------1.1130
RU S2 ----------1.1126
FP S2 ----------1.1123
RU S3 ----------1.1113
FP S3 ----------1.1112
MP S3 ----------1.1061
  • #38,155
  • Jul 25, 2019 3:04am Jul 25, 2019 3:04am
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  • #38,156
  • Jul 25, 2019 3:26am Jul 25, 2019 3:26am
Quoting Boulder
{image}
Seems like EUR will drop first between area 1.10750 - 1.11150 then will fly to 1.1165-75.
just my thought.
  • #38,157
  • Jul 25, 2019 4:46am Jul 25, 2019 4:46am
Quoting gatorinla
{quote} now the eg has closed below 8921. week support sits at 84.69. The day has gone bearish against the bullish week. The attempt today to challenge months 9018 was slapped down and ended up closing the day trend lower (new bearish day trend). eur looks to be weaker than the gbp for now until month is broken and closed above. closer to 9018 may be a good short toward weeks 84.69. Void if month closes above 9018. eu wise the eg close taken with yesterdays eu close. makes the euro weaker than usd and gbp comparably for the time being....
A LC close 1127.7 is a lower close. a month support here at 1124 area is holding it. All bets are off with a LC below 1127.7 close. Another lighter support at 1097.7. A close next wednesday below 1145.9 will open a big hole in longer term bearish forecast. The week and day are already bearish. 1145.9 is bulls last stand to close the month above. below 1400 is bearish as a general rule once/if 1145 is closed below. If that happens. shorting the spikes may be a long term strategy. If that happens pa is unlikely to see 135x/1400 for a long time w/o a large drop first. euro looks weaker than the gbp after yesterday's close. I expect that to change in a few weeks..maybe change on next wednesday's close.

A further drop with a LC close below 1127.7 may be the real deal. The answer wont be known till next Thursday after Wednesday closes. But by then pa may be much deeper according to the day and week pa. The GU is weak long term. Yesterday's eg close has the euro as weaker, comparably to GBP
those who can, do. those who cant, talk about those who can
  • #38,158
  • Jul 25, 2019 5:18am Jul 25, 2019 5:18am
Quoting gatorinla
lots of ez news to happen before u.s. news on thursday. {image}
lots of ez news has passed. most of the week was poor mouthing from ez.. Today being Thursday is the first important U.S. news this week. Unusual, but the calendar didnt forecast usd bears action. Today may be the U.S. turn to poor mouth news. Eu is on that month support. U.S. news may pop up eu. If after pa closes LC below 1127.7.. It has room to drop.

https://www.forexfactory.com/attachm...1&d=1563798638
those who can, do. those who cant, talk about those who can
  • #38,159
  • Jul 25, 2019 7:10am Jul 25, 2019 7:10am
Breaking this is usually a strong sign of impulse down. So far respecting. I am long for some at 1.1112
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  • #38,160
  • Jul 25, 2019 7:15am Jul 25, 2019 7:15am
Quoting jaylovin
Breaking this is usually a strong sign of impulse down. So far respecting. I am long for some at 1.1112 {image}
me too...scalp one long there...
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