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The Swamp

  • #41,481
  • Sep 10, 2019 2:43am Sep 10, 2019 2:43am
Quoting gatorinla
{quote} Profit taking in gu?
data is out in 45 minutes time...yesterday they pulled down first before they pulled up...today they pulled up and now down...UK data is always leaked...crooks..
sell strength in falling markets, and buy weakness in rising markets.
  • #41,482
  • Sep 10, 2019 2:53am Sep 10, 2019 2:53am
Quoting gatorinla
{quote} GU pa is testing this now. Its support, but it can be broken. Mixed signals yesterday. LC had the highs to be tested. That has happened already today. If this week number fails to hold support. the day support number may be tested later (219x).
I have observed that when the weekly pivot at R1 failed to hold 12349 price always go back to weekly central pivot which is located at 12198 so you must be right
sell strength in falling markets, and buy weakness in rising markets.
  • #41,483
  • Sep 10, 2019 2:54am Sep 10, 2019 2:54am
Quoting gatorinla
{quote} GU pa is testing this now. Its support, but it can be broken. Mixed signals yesterday. LC had the highs to be tested. That has happened already today. If this week number fails to hold support. the day support number may be tested later (219x).
Gator.. look at option exp for cable too..2 bil at 2300...big magnetic pull..
  • #41,484
  • Sep 10, 2019 2:57am Sep 10, 2019 2:57am
Quoting gatorinla
{quote} gu bulls are pretty tough atm.. If it flips, back to 215x is normal. I dont have a solid number atm since its still active. if it closes a day below 2150. if it was the eu, it probably will turn bearish. Brexit and all that wildcard unknown. eu wise in a downtrend. 2345 would turn it about 70% of the time back to -2150 to close the day. GU brexit is a different animal.
the flip would close below 218x ish.. It went higher than usual. About 40 pips higher compared to eu's personality. it's a different animal. but may be attracted to 2156. ATM 10 days in a new month (Q) after last month closed bearish. So pa may return to 2156 and should be less with trend.
those who can, do. those who cant, talk about those who can
  • #41,485
  • Sep 10, 2019 3:01am Sep 10, 2019 3:01am
Euro was closely testing H1 uptrend stop at 1037..it held last hour ..
  • #41,486
  • Sep 10, 2019 3:08am Sep 10, 2019 3:08am
Quoting Boulder
Euro was closely testing H1 uptrend stop at 1037..it held last hour ..
I grided it some, since 1147 looks too hard. 1300 looks to be a hard ceiling now..
those who can, do. those who cant, talk about those who can
  • #41,487
  • Sep 10, 2019 3:11am Sep 10, 2019 3:11am
gu some support 4h 2311
2250 both need 4h supports closed below to remain bearish.
those who can, do. those who cant, talk about those who can
  • #41,488
  • Sep 10, 2019 3:11am Sep 10, 2019 3:11am
Quoting Boulder
Euro was closely testing H1 uptrend stop at 1037..it held last hour ..
testing again...50 mins to go.....
  • #41,489
  • Sep 10, 2019 3:13am Sep 10, 2019 3:13am
Quoting Boulder
Euro was closely testing H1 uptrend stop at 1037..it held last hour ..
hey boulder, do you ever trade breakouts? or only pullbacks?

I haven't really figured out how to trade breakouts. Just wondering how others do it.
  • #41,490
  • Sep 10, 2019 3:15am Sep 10, 2019 3:15am
Quoting thelws
{quote} hey boulder, do you ever trade breakouts? or only pullbacks? I haven't really figured out how to trade breakouts. Just wondering how others do it.
If the trend breaks at close.... I trade breakouts... most time ..pull backs...eg if this 1037 cant hold at H1 close.. I will short it.....

I actually think my trading is more like your mans 'fishing'.... I put baits in calculatedly.... collect my fish later...lol..
  • #41,491
  • Sep 10, 2019 3:21am Sep 10, 2019 3:21am
Long euraud 1.6096.. target 1.63, sl 1.6010

Also AJ from short from 73.66, sl at 74.05 and tp at 72.50

Lets see
  • #41,492
  • Sep 10, 2019 3:23am Sep 10, 2019 3:23am
Quoting Boulder
{quote} If the trend breaks at close.... I trade breakouts... most time ..pull backs...eg if this 1037 cant hold at H1 close.. I will short it.....
So you always wait for the hour close before trading breakouts?

I must say that breakouts are harder to trade than pullbacks.

At least in pullbacks there tends to be previous s/r you can identify.

For breakouts there's always this "is this fake breakout" at the back of the head.
  • #41,493
  • Edited 3:45am Sep 10, 2019 3:26am | Edited 3:45am
Quoting thelws
{quote} So you always wait for the hour close before trading breakouts?
I like to have some sort of confirmation so I can trade without fear.......
  • #41,494
  • Sep 10, 2019 3:27am Sep 10, 2019 3:27am
gu 1h flipped.. possible short 2342/43... light R 2345
those who can, do. those who cant, talk about those who can
  • #41,495
  • Sep 10, 2019 3:40am Sep 10, 2019 3:40am
Quoting gatorinla
gu some support 4h 2311 2250 both need 4h supports closed below to remain bearish.
2311 with a little more than 20 min to go. atm looks like it will hold this time. 1h flipped, but can't be trusted. If 2311 does give up (4h), possible short 2343 has potential.

good gbp news bump slowed or stopped it..
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those who can, do. those who cant, talk about those who can
  • #41,496
  • Sep 10, 2019 3:41am Sep 10, 2019 3:41am
no new levels printed so far in euro and chf.. ... waiting for next print.. I either add shorts or cash out profits....now wait.....
  • #41,497
  • Sep 10, 2019 3:55am Sep 10, 2019 3:55am
Quoting Boulder
no new levels printed so far in euro and chf.. ... waiting for next print.. I either add shorts or cash out profits....now wait.....
snooze fest.. I picked up 10 pips on eu today.
those who can, do. those who cant, talk about those who can
  • #41,498
  • Sep 10, 2019 3:57am Sep 10, 2019 3:57am
Quoting gatorinla
{quote} snooze fest.. I picked up 10 pips on eu today.
probably 70 pips on gu..right?
  • #41,499
  • Sep 10, 2019 4:01am Sep 10, 2019 4:01am
Quoting Boulder
{quote} testing again...50 mins to go.....
bulls held again at 1037.3+..at H1 close...new hour to go..
  • #41,500
  • Sep 10, 2019 4:01am Sep 10, 2019 4:01am
back to sleep.. and wait for alarms.
those who can, do. those who cant, talk about those who can
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