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The Swamp

  • #40,461
  • Aug 30, 2019 11:19am Aug 30, 2019 11:19am
a bounce to 1.1108 would have made sense. I actually thought it would touch 1.1132 before starting the next fall.think we are going to 1.0966 or 1.1108 monday or sunday open
  • #40,462
  • Aug 30, 2019 11:28am Aug 30, 2019 11:28am
Quoting DMA Trader
Dollar finishing the week like a King at almost 99 next level to tocuh is 100 - would be intresting there for some short USD
Maybe the strongest candidates would be USD/CHF or USD/JPY if we get something on risk combined.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,463
  • Aug 30, 2019 11:37am Aug 30, 2019 11:37am
Quoting OnlineAddict
{quote} I have been calling for longs in the 1050-1100 area and they are doing just fine, thanks for asking. I see you have an obsession to wait for a trade to go somewhere and then go and call people out on it, I would recommend looking for a good psychologist. Good luck! I just added a long below 1.10 and now just enjoying the moves.

Haha, sure.

I have no obssession, its just funny to see you always being so confident like you know everything and then keep blowing calls left and right.

Just like a few months back when you were saying how GU will go to 1.36 at least and look at where we are now. Do you remember that? LOL

FF should remove your red mark because some people are easily tricked into thinking it means a good trader behinf it. But you (and many others on FF) are living proof that it doesnt mean anything...
  • #40,464
  • Aug 30, 2019 11:45am Aug 30, 2019 11:45am
still hasn't bounced....

stops at 0975 arent safe but a little below that should be...
Be hopeful in a winning position, and fearful in a losing position.
  • #40,465
  • Aug 30, 2019 11:47am Aug 30, 2019 11:47am
swissy could be about to top out @.9907, will need a topping pattern to confirm this would mean eu should start to do the opposite, nothing to do but wait short or long is not an option at the moment
If you are new to Forex? Say Goodbye to your account!!
  • #40,466
  • Aug 30, 2019 11:48am Aug 30, 2019 11:48am
Quoting DMA Trader
Short GU
I think we might se 1.214 today ( we have a trendline than can stop it" ) - but closing below 1.218 would be bearish
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,467
  • Aug 30, 2019 11:52am Aug 30, 2019 11:52am
Quoting xtradex
{quote} Haha, sure. I have no obssession, its just funny to see you always being so confident like you know everything and then keep blowing calls left and right. Just like a few months back when you were saying how GU will go to 1.36 at least and look at where we are now. Do you remember that? LOL FF should remove your red mark because some people are easily tricked into thinking it means a good trader behinf it. But you (and many others on FF) are living proof that it doesnt mean anything...

real traders also dont write massive paragraphs bashing others during market hours

LOL who has that kinda time
Be hopeful in a winning position, and fearful in a losing position.
  • #40,468
  • Aug 30, 2019 11:56am Aug 30, 2019 11:56am
the stop hunt of this accumulation is the one i'll get heavier

Quoting gatorinla
{quote} its valid.. But I have no clue on what the market will do. I can barely control what I do.
LOL aint that the truth
right but the momentum is so strong that the target no longer seems valid

much has changed today... we are below 1.10 brother
after todays price action (if we close like this) seems unlikely we even retest above todays daily open
Be hopeful in a winning position, and fearful in a losing position.
  • #40,469
  • Aug 30, 2019 12:09pm Aug 30, 2019 12:09pm
Quoting Rag2RichesFX
{quote} LOL aint that the truth right but the momentum is so strong that the target no longer seems valid much has changed today... we are below 1.10 brother after todays price action (if we close like this) seems unlikely we even retest above todays daily open
EU is hardly GJ or AN that can move in one direction non-stop. When we broke 1.11 with force and even closed the day way below it, that night Asia threw it down further 40 pips. The next week price flew to 1.1250 without blinking. This pair after a new low usually does the unthinkable to go for some high before coming down again. When this calms down all at a sudden we would find that 0980 is some rock solid support. And shorts here would get spiked out. I see this as some strong stop hunt before they fly again for some time.
  • #40,470
  • Aug 30, 2019 12:13pm Aug 30, 2019 12:13pm
1.0950 just to piss everyone off?
how long has it been since EURUSD had ATR of 100 pips

2015/2016? lol


how long will it take for people to realize that making more than 30 basis points a day over a decade period of time is essentially impossible. why do you think these flash crashes happen? to wreck people who think they can use substantial leverage

probabilities say fade it of course, but you can't use tight stops on a day like today
Be hopeful in a winning position, and fearful in a losing position.
  • #40,471
  • Aug 30, 2019 12:15pm Aug 30, 2019 12:15pm
Quoting Mitiblotch
{quote} EU is hardly GJ or AN that can move in one direction non-stop. When we broke 1.11 with force and even closed the day way below it, that night Asia threw it down further 40 pips. The next week price flew to 1.1250 without blinking. This pair after a new low usually does the unthinkable to go for some high before coming down again. When this calms down all at a sudden we would find that 0980 is some rock solid support. And shorts here would get spiked out. I see this as some strong stop hunt before they fly again for some time.
i agree thats why i could never short here, only long, even though the lower long term targets are very valid now...
Be hopeful in a winning position, and fearful in a losing position.
  • #40,472
  • Aug 30, 2019 12:17pm Aug 30, 2019 12:17pm
Quoting Rag2RichesFX
1.0950 just to piss everyone off? how long has it been since EURUSD had ATR of 100 pips 2015/2016? lol how long will it take for people to realize that making more than 30 basis points a day over a decade period of time is essentially impossible. why do you think these flash crashes happen? to wreck people who think they can use substantial leverage probabilities say fade it of course, but you can't use tight stops on a day like today
The bears are paying back for that spike from 1.1100 to 1.1212 (112 pips in a day) some 3 or 4 Mondays ago. I really hope it stops here. Wherever it stops today should be some new support. I would love a close near, at, or above 1.10.
  • #40,473
  • Aug 30, 2019 12:25pm Aug 30, 2019 12:25pm
couldn't get 10 pips bounce even I got the lowest pa at the time......no more trying..... it looks like it still can go lower.....
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  • #40,474
  • Aug 30, 2019 12:27pm Aug 30, 2019 12:27pm
the problem is that you can't see buyers. mostly probably people closing short - i mean in the last days you could hardly see a 10 pip bounce
besides Trump and ECB twitter bs.

Has to be some big players long that cand hardly sustained the position. so we still might see drops
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,475
  • Aug 30, 2019 12:29pm Aug 30, 2019 12:29pm
Quoting Boulder
couldn't get 10 pips bounce even I got the lowest pa at the time......no more trying..... it looks like it still can go lower..... {image}
Same. Brutal. This is where position sizing, money management, and patience becomes most important. But still, ugh, tied-up money... sucks ass
A snails pace wins the race :-)
  • #40,476
  • Aug 30, 2019 12:30pm Aug 30, 2019 12:30pm
Quoting DMA Trader
Short GU
closed GU. might get lower to 1.214. ..
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,477
  • Aug 30, 2019 12:31pm Aug 30, 2019 12:31pm
Quoting htcone
{quote} sir i see 10973 today
got that 10973
sell strength in falling markets, and buy weakness in rising markets.
  • #40,478
  • Aug 30, 2019 12:31pm Aug 30, 2019 12:31pm
missed again buying EG. lol . to much greed
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,479
  • Aug 30, 2019 12:32pm Aug 30, 2019 12:32pm
lets just do one more bearish 30 minute close just for fun (even though it shouldn't)

this price action is no good for my strategy

thats why we trade small boyssssss (and that one grill, hi )
Be hopeful in a winning position, and fearful in a losing position.
  • #40,480
  • Aug 30, 2019 12:33pm Aug 30, 2019 12:33pm
Quoting htcone
{quote} got that 10973
hopefully we wont go down to 10910 today
sell strength in falling markets, and buy weakness in rising markets.
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