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The Swamp

  • #46,021
  • Oct 30, 2019 3:28pm Oct 30, 2019 3:28pm
One can never tell how strong R will be. I will say, this is not small R toward 1194. The first time this close since June highs. Where it slapped down pa.
those who can, do. those who cant, talk about those who can
  • #46,022
  • Edited 5:27pm Oct 30, 2019 3:55pm | Edited 5:27pm
Quoting gatorinla
One can never tell how strong R will be. I will say, this is not small R toward 1194. The first time this close since June highs. Where it slapped down pa.
Oct 21 high was 1.1179...extra 15 pips from that to 1194... ..I will plan for it.....Euro has been up since Oct 1 low 1.0879,,,..300 pips running up so far... barely had any retrace yet ( actually had 1/3 retrace to 1.1070s)... Euro trading is always up and down...never just up no down.. I will patently wait for the retrace.. at least I don't need to pay swap while I wait...
  • #46,023
  • Oct 30, 2019 4:23pm Oct 30, 2019 4:23pm
Quoting Boulder
{quote} Oct 21 high was 1.1179...extra 15 pips from that to 1194... ..I will plan for it.....Euro has been up since Oct 1 low 1.0879,,,..300 pips running up so far... barely had any retrace yet ( actually had 1/3 retrace to 1.1070s)... Euro trading is always up and down...never just up no down.. I will patently wait for the retrace.. at least I don't need to pay swap while I wait...
its october 30,, last Q closed lower almost 1.09.. A LL month close and LL Q close. Q 50% retrace 1127. Q3 68.7 retrace 1185. 1 day left in this month ahead of NFP. ISM has been below 50 the past 2 months.. 3 may be recession lurking. .
those who can, do. those who cant, talk about those who can
  • #46,024
  • Oct 30, 2019 6:46pm Oct 30, 2019 6:46pm
From here to 1200 there's 50 points.
I'm going to take a long view until then.

The question now is will price pull back and give me a nice entry or will it make me chase the price.
  • #46,025
  • Oct 30, 2019 7:00pm Oct 30, 2019 7:00pm
Checking euro futures.
Open interest increased from 497765 to 509507.

Yesterday's bid was real. Better to be long until 1200.

If nfp numbers are going to be soft as the rumours on the street goes, then dollar is going to fall more which is a case for more long eurusd.

Even if numbers are good, we know fed won't raise rates. So we might not see much buy dollar action.
  • #46,026
  • Oct 30, 2019 7:09pm Oct 30, 2019 7:09pm
Going long 1.1155

Will add more as it goes up or down.
  • #46,027
  • Oct 30, 2019 8:53pm Oct 30, 2019 8:53pm
shark may complete any time now 1145/1183. Backed by 1194 and 200ema 1201. 175 em stopped it last week,, today at 1174. pa may retreat soon.
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those who can, do. those who cant, talk about those who can
  • #46,028
  • Oct 30, 2019 9:13pm Oct 30, 2019 9:13pm
15 min engulfed. just observing this bull and looking for weakness at these levels.
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those who can, do. those who cant, talk about those who can
  • #46,029
  • Oct 30, 2019 9:25pm Oct 30, 2019 9:25pm
1.1170 might be a soft resistance.
I still think 1200 is the target.

1.1170 needs to be challenged a few more times, and hold that price for me to say that we've hit a ceiling.
  • #46,030
  • Oct 30, 2019 9:48pm Oct 30, 2019 9:48pm
Quoting thelws
1.1170 might be a soft resistance. I still think 1200 is the target. 1.1170 needs to be challenged a few more times, and hold that price for me to say that we've hit a ceiling.
donno.. I just sell in increments in R zone. Mindless smaller dumb shorts into resistance. I starve now, and hope to eat steak later.
those who can, do. those who cant, talk about those who can
  • #46,031
  • Oct 30, 2019 10:05pm Oct 30, 2019 10:05pm
Quoting gatorinla
{quote} donno.. I just sell in increments in R zone. Mindless smaller dumb shorts into resistance. I starve now, and hope to eat steak later.
We had over 63% of sellers yesterday combined on different brokers. This figure may not be accurate but I was scared knowing that such percentage of sellers would cause a huge spike. That's why I initially closed my shorts. Even Asia bought the top. With that break to 1080 a lot of traders would have been sucked into shorting. Well played by price.
  • #46,032
  • Oct 30, 2019 10:47pm Oct 30, 2019 10:47pm
Quoting thelws
1.1170 might be a soft resistance. I still think 1200 is the target. 1.1170 needs to be challenged a few more times, and hold that price for me to say that we've hit a ceiling.
going to cash out for now @1.1166

Will reload when eu starts
  • #46,033
  • Oct 30, 2019 11:26pm Oct 30, 2019 11:26pm
Quoting Mitiblotch
{quote} We had over 63% of sellers yesterday combined on different brokers. This figure may not be accurate but I was scared knowing that such percentage of sellers would cause a huge spike. That's why I initially closed my shorts. Even Asia bought the top. With that break to 1080 a lot of traders would have been sucked into shorting. Well played by price.
i got enough, but will get another if able. 1194ish and 1199/1200ish. Weak week support still at 1170 and day 1106. Eu bulls are looking pretty strong atm. even the 1 min is bullish.
Attached Image
those who can, do. those who cant, talk about those who can
  • #46,034
  • Oct 30, 2019 11:32pm Oct 30, 2019 11:32pm
Quoting gatorinla
{quote} i got enough, but will get another if able. 1194ish and 1199/1200ish. Weak week support still at 1170 and day 1106. Eu bulls are looking pretty strong atm. even the 1 min is bullish. {image}
1 min may flip at 1161, 5 min 1139
those who can, do. those who cant, talk about those who can
  • #46,035
  • Oct 31, 2019 12:16am Oct 31, 2019 12:16am
Quoting gatorinla
{quote} 1 min may flip at 1161, 5 min 1139
1 min flipped, 5min 1140 now
those who can, do. those who cant, talk about those who can
  • #46,036
  • Oct 31, 2019 1:13am Oct 31, 2019 1:13am
Quoting gatorinla
{quote} i got enough, but will get another if able. 1194ish and 1199/1200ish. Weak week support still at 1170 and day 1106. Eu bulls are looking pretty strong atm. even the 1 min is bullish. {image}
I also sold 1165. Out now. Will wait for London and see if we get a higher spike.
  • #46,037
  • Edited 2:50am Oct 31, 2019 2:27am | Edited 2:50am
putting in some longs. 1.1165
small amounts. will add.

edit: add more small longs 1.1162
add more small longs 1.1158
  • #46,038
  • Oct 31, 2019 2:51am Oct 31, 2019 2:51am
from Ransqawk...EU 1.1159 atm
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  • #46,039
  • Oct 31, 2019 3:09am Oct 31, 2019 3:09am
Quoting gatorinla
{quote} higher is best to sell. but picking the optimal price is not easy. it's in R now up into 122x.. I would look for weakness on a 5, 15 or 30 min.. month R is at 1194.. too many to name in this area toward 200 ema at 1200. pa is at 1150 atm.. i would look to sell in this 50 pip range.
1.1176 to 1.1212 area for me.
don't predict direction, but dance with flow of water
  • #46,040
  • Oct 31, 2019 3:09am Oct 31, 2019 3:09am
add small long 1.1165.

I'm half loaded.

Will watch and see. If we clear 1170, will add on breakout.

avg price 1.1162
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