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The Swamp

  • #41,221
  • Sep 6, 2019 2:13am Sep 6, 2019 2:13am
Quoting Boulder
scalp short here 1045.. {image}
closed out here 1035, +10
  • #41,222
  • Sep 6, 2019 2:19am Sep 6, 2019 2:19am
Hello everybody,

have been on the sidelines of this thread for a while, figured will post from time to time just to get my mind sorted and maybe there will be some use of it

EU sitting on a channel's lower trendline, coming down from a 50% rejection. MA 50 + MA 200 crossing just underneath.
  • #41,223
  • Sep 6, 2019 2:20am Sep 6, 2019 2:20am
Swissy...what a run...
  • #41,224
  • Sep 6, 2019 2:29am Sep 6, 2019 2:29am
printed so far.. next to print 1019 or 1052...

RU R3 ----------1.1101
FP R2 ----------1.1087
FP R1 ----------1.1071
RU R2 ----------1.1071
MP PP ----------1.1068
RU R1 ----------1.1052
FP PP ----------1.1045
WP PP ----------1.1040
FP S1 ----------1.1019
RU S1 ----------1.1014
FP S2 ----------1.1003
RU S2 ----------1.0995
FP S3 ----------1.0977
RU S3 ----------1.0965
  • #41,225
  • Sep 6, 2019 2:40am Sep 6, 2019 2:40am
Quoting DMA Trader
{quote} close 2 of them here made some pips can concentrate again on EU short. Didn't expect the move had TP - if we close below 1.23 on h1 i think it can go further also very important support on 1.232 good for now
I would short 1.23 but it's the last resistance maybe turned into support. anyway good intraday trades for me this week if i continue like this i can either close some bad position on a big drop or stay confident with them while moving to intraday trading until things look clear

forget to send this message - on 1H right now good looks like a possible short
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #41,226
  • Sep 6, 2019 2:41am Sep 6, 2019 2:41am
Quoting Boulder
{quote} Thanks DMA.. I just woke up and close mine for +21 pips...at 2299.. {image}
yay had some meetings today wasn't paying attention
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #41,227
  • Sep 6, 2019 2:48am Sep 6, 2019 2:48am
Closing 1H near this level both GU and EU looks "shortable"

1.226 big support on GU
1.1025 big support on EU

below more selling -

but of course the big elephant in the room NFP
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #41,228
  • Sep 6, 2019 2:58am Sep 6, 2019 2:58am
Been hearing about dollar shortage,,,one proof here ..ECB borrowed $872 million from FED for one week swap operation..
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  • #41,229
  • Sep 6, 2019 3:05am Sep 6, 2019 3:05am
Quoting Boulder
Been hearing about dollar shortage,,,one proof here ..ECB borrowed $872 million from FED for one week swap operation.. {image}
remember, if you had a loan. Anticipating X amount of income. Then a tariff tweet changed it all. So your unable to pay your loan note. A lot of U.S. and others investment are in jeopardy in China. Fluid enough to bring it all down. (LIQUIDITY) lack of.
Inserted Video
those who can, do. those who cant, talk about those who can
  • #41,230
  • Sep 6, 2019 3:06am Sep 6, 2019 3:06am
Quoting Boulder
Been hearing about dollar shortage,,,one proof here ..ECB borrowed $872 million from FED for one week swap operation.. {image}

that's why I am saying USD is a weapon right now. FED needs to hold - Trump needs to have ammunition for the election - IF Fed is doing what trump is saying any slowdown can be put on what. This is strategic


anyway EUR might fall here just to hunt some sl - but we are pretty close to a drop - maybe after strong NFP (IF it;s the case)
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #41,231
  • Sep 6, 2019 3:08am Sep 6, 2019 3:08am
Quoting DMA Trader
Closing 1H near this level both GU and EU looks "shortable" 1.226 big support on GU 1.1025 big support on EU below more selling - but of course the big elephant in the room NFP
wow this was fast 1.1025 hit - this should be a support. would be strange to break it before NFP
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #41,232
  • Sep 6, 2019 3:19am Sep 6, 2019 3:19am
Quoting DMA Trader
{quote} that's why I am saying USD is a weapon right now. FED needs to hold - Trump needs to have ammunition for the election - IF Fed is doing what trump is saying any slowdown can be put on what. This is strategic anyway EUR might fall here just to hunt some sl - but we are pretty close to a drop - maybe after strong NFP (IF it;s the case)
I have already started shorting euro.. no matter its good or bad nfp.. I will short more...
  • #41,233
  • Sep 6, 2019 3:22am Sep 6, 2019 3:22am
Good riddens
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those who can, do. those who cant, talk about those who can
  • #41,234
  • Sep 6, 2019 3:23am Sep 6, 2019 3:23am
Quoting Boulder
{quote} I have already started shorting euro.. no matter its good or bad nfp.. I will short more...

I've done the same thing - i would love to see a 1h/4h close below 1.1020 to short more. but not on bad NFP - on a bad NFP chances are we will short higher
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #41,235
  • Sep 6, 2019 3:26am Sep 6, 2019 3:26am
A few datapoints for EurUsd atm: testing H1 uptrend stop..1026.. atm ....30 mins to go..

H1 Uptrend stop 1.1026
H4 Uptrend stop 1.0943
Day Downtrend stop 1.1197
Week Downtrend stop 1.1364
Month Downtrend stop 1.2223
  • #41,236
  • Sep 6, 2019 3:26am Sep 6, 2019 3:26am
Quoting Boulder
{quote} I have already started shorting euro.. no matter its good or bad nfp.. I will short more...
Looks like NFP is going to be plop
then Powell Speaks price will prolly shoot UP
A good trader follows his rules, but great trader knows when to break them
  • #41,237
  • Sep 6, 2019 3:30am Sep 6, 2019 3:30am
Quoting DMA Trader
{quote} I've done the same thing - i would love to see a 1h/4h close below 1.1020 to short more. but not on bad NFP - on a bad NFP chances are we will short higher
if H1 can close below 1026.. I will short more...
  • #41,238
  • Sep 6, 2019 3:34am Sep 6, 2019 3:34am
Attached Image
  • #41,239
  • Sep 6, 2019 3:41am Sep 6, 2019 3:41am
Quoting Mitiblotch
{quote} I want to believe that: 1. The daily pivot rejected price and price couldn't stay above it. 2. My channel was broken down (chart given yesterday) and as expected lower channel line was retested which was rejected. I am now short at 1040 with SL at 1070. Let's see if we can hit 1000 and even below. I would love to be in good profit before NFP in which case I'll move stop to entry and hope for good data.
Moved stop to one pip in profit. Hoping that NFP can crash this pair into the gutter!
  • #41,240
  • Sep 6, 2019 4:08am Sep 6, 2019 4:08am
new low for today in EU
huge move on USD/CHF
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
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