The Swamp | Page 2023 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #40,441
  • Aug 30, 2019 10:27am Aug 30, 2019 10:27am
So today was the deadline for Tariffs
Are we going in from Monday with Trade issues ?
China Economic Data - to watch and NFP week

Will be "fun" next week
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,442
  • Aug 30, 2019 10:30am Aug 30, 2019 10:30am
Short GU
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,443
  • Aug 30, 2019 10:31am Aug 30, 2019 10:31am
Quoting Rag2RichesFX
{quote} i have some buy limits waiting at 1000 and 980 could be that kind of a day to finish the month {quote} or maybe not lol.
or maybe yes, filled and long now.

seriously a 1.0963 target possible too

always gotta be careful month end


im practicing trading like a whale (cannot long the back end, must fade the front end)
even though liquidity isnt an issue, who do you think is taking the other side of this massive dump?
Be hopeful in a winning position, and fearful in a losing position.
  • #40,444
  • Aug 30, 2019 10:38am Aug 30, 2019 10:38am
This bear is crazy! Really crazy! Well, my buy orders triggered at 1.1024, 1.1011, 1.1007 and then I manually bought 1.0994. Holding them till next week.
  • #40,445
  • Aug 30, 2019 10:38am Aug 30, 2019 10:38am
Quoting gatorinla
eu pa is below that channel bottom now. LC day and week LC look to close lower. Eu wise, I sit on my hands and tickle my ass for a thrill. I have pendings on a bounce for shorts only.
pa could relax. london went home. The month remains open. I'm not going to chase my tail. Gu is still giving me fits.. Maybe next week eu can retrace some and allow gu to drop.
those who can, do. those who cant, talk about those who can
  • #40,446
  • Aug 30, 2019 10:42am Aug 30, 2019 10:42am
Quoting htcone
{quote} sir i see 10973 today
waiting for 1.0850 myself, but that dont matter. I dont want to short here and it bounces to 1147... Before going to 0850. so i tickle my ass with my numb hands. I dont want drawdown to 1147..
those who can, do. those who cant, talk about those who can
  • #40,447
  • Aug 30, 2019 10:42am Aug 30, 2019 10:42am
Quoting Mitiblotch
This bear is crazy! Really crazy! Well, my buy orders triggered at 1.1024, 1.1011, 1.1007 and then I manually bought 1.0994. Holding them till next week.
i added those 1086/88s too....I can't even get 10 pips on any those
  • #40,448
  • Aug 30, 2019 10:44am Aug 30, 2019 10:44am
Quoting Mitiblotch
This bear is crazy! Really crazy! Well, my buy orders triggered at 1.1024, 1.1011, 1.1007 and then I manually bought 1.0994. Holding them till next week.
buy fear, sell greed
although its actually like sell slight fear, buy slight greed
and fade the absolute extremes

looks like volatility is back, traders coming back

Quoting Rag2RichesFX
{quote} buy fear, sell greed although its actually like sell slight fear, buy slight greed and fade the absolute extremes looks like volatility is back, traders coming back

selling fear worked well today haha
Be hopeful in a winning position, and fearful in a losing position.
  • #40,449
  • Aug 30, 2019 10:48am Aug 30, 2019 10:48am
Quoting gatorinla
{quote} waiting for 1.0850 myself, but that dont matter. I dont want to short here and it bounces to 1147... Before going to 0850. so i tickle my ass with my numb hands. I dont want drawdown to 1147..
1030 and 1050 are new R now... once it can bounce there..I will get rid of all my longs.. prepare to short...
  • #40,450
  • Aug 30, 2019 10:51am Aug 30, 2019 10:51am
Quoting gatorinla
{quote} pa could relax. london went home. The month remains open. I'm not going to chase my tail. Gu is still giving me fits.. Maybe next week eu can retrace some and allow gu to drop.
eg 9027 day and week close may turn eg north. That could help my gu short if eu runs back to 1147
those who can, do. those who cant, talk about those who can
  • #40,451
  • Aug 30, 2019 10:52am Aug 30, 2019 10:52am
Quoting gatorinla
{quote} pa could relax. london went home. The month remains open. I'm not going to chase my tail. Gu is still giving me fits.. Maybe next week eu can retrace some and allow gu to drop.

idk about london going home on a day like this.... ! (but i know what you meant)

its either gonna stabilize here or "flash crash" another 30-40 pips
Be hopeful in a winning position, and fearful in a losing position.
  • #40,452
  • Aug 30, 2019 10:53am Aug 30, 2019 10:53am
Quoting Boulder
{quote} 1030 and 1050 are new R now... once it can bounce there..I will get rid of all my longs.. prepare to short...
hopfully your 1h turns enough for some retrace.
those who can, do. those who cant, talk about those who can
  • #40,453
  • Aug 30, 2019 10:54am Aug 30, 2019 10:54am
Quoting Rag2RichesFX
{quote} idk about london going home on a day like this.... ! (but i know what you meant) its either gonna stabilize here or "flash crash" another 30-40 pips
labor day.. 4 day week in u.s. next week..
those who can, do. those who cant, talk about those who can
  • #40,454
  • Aug 30, 2019 10:55am Aug 30, 2019 10:55am
Quoting gatorinla
{quote} waiting for 1.0850 myself, but that dont matter. I dont want to short here and it bounces to 1147... Before going to 0850. so i tickle my ass with my numb hands. I dont want drawdown to 1147..
1147 is still valid for you hmm?

i agree on the 1.08 definitely

its trading like someone is binging on USD in anticipation of recession
Be hopeful in a winning position, and fearful in a losing position.
  • #40,455
  • Aug 30, 2019 10:58am Aug 30, 2019 10:58am
Quoting Boulder
{quote} 1030 and 1050 are new R now... once it can bounce there..I will get rid of all my longs.. prepare to short...
a little norm for 0850 at 1147/50..your 1h is extended. Maybe a lack of usd converting Monday in a light market. I dont know if or why, I just prefer to wait for it.
those who can, do. those who cant, talk about those who can
  • #40,456
  • Aug 30, 2019 11:00am Aug 30, 2019 11:00am
Quoting Rag2RichesFX
{quote} 1147 is still valid for you hmm? i agree on the 1.08 definitely
its valid.. But I have no clue on what the market will do. I can barely control what I do.
those who can, do. those who cant, talk about those who can
  • #40,457
  • Aug 30, 2019 11:02am Aug 30, 2019 11:02am
Quoting gatorinla
{quote} eg 9027 day and week close may turn eg north. That could help my gu short if eu runs back to 1147
this eg 9027 support level is being tested now. A drift down in the gu now may show it. more so, if eu drifts up at the same time.

gu atm 2167
eu atm 0991
those who can, do. those who cant, talk about those who can
  • #40,458
  • Edited 11:50am Aug 30, 2019 11:12am | Edited 11:50am
Quoting Boulder
{quote} i added those 1086/88s too....I can't even get 10 pips on any those
Yes, I also added at 0985 and 0988. Fear of selling the lows tricked me. Imagine 1.10 giving in as though it's nothing. I believe 0980 is some good support. No N.Y. on Monday and I see London swinging it back up. Maybe I'm just being hopeful.
  • #40,459
  • Aug 30, 2019 11:16am Aug 30, 2019 11:16am
Quoting gatorinla
{quote} this eg 9027 support level is being tested now. A drift down in the gu now may show it. more so, if eu drifts up at the same time. gu atm 2167 eu atm 0991
wanted to see below 0.9 - and the hesitated - 0908 on daily looks terrible
I still think we can see at list 0.9 or some SL taken below
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,460
  • Aug 30, 2019 11:19am Aug 30, 2019 11:19am
Dollar finishing the week like a King at almost 99 next level to tocuh is 100 - would be intresting there for some short USD
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
62 traders viewing now