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The Swamp

  • #47,161
  • Nov 15, 2019 8:13am Nov 15, 2019 8:13am
Putting pending sells at 1068 just in case I get lucky today
  • #47,162
  • Nov 15, 2019 8:16am Nov 15, 2019 8:16am
Pretty sure the weekly trend gonna change to bullish, at least momentarily. Probably headed for 1.135. Pathetic volatility all week. We will see. For now, towards 1.1068^^^
  • #47,163
  • Nov 15, 2019 8:18am Nov 15, 2019 8:18am
Quoting gatorinla
usdx near testing 1h,4h & day support 98.07. ATM pa 98.14 soft week 9800
atm usdx 98.01 low, hitting near week soft support.
those who can, do. those who cant, talk about those who can
  • #47,164
  • Nov 15, 2019 8:18am Nov 15, 2019 8:18am
short 1044

part of my grid. Can add 6 more times. Will add as it goes higher
  • #47,165
  • Nov 15, 2019 8:20am Nov 15, 2019 8:20am
Quoting Boulder
{quote} closed swissy here 9894, +9.. {image}
those who can, do. those who cant, talk about those who can
  • #47,166
  • Nov 15, 2019 8:22am Nov 15, 2019 8:22am
Quoting gatorinla
{quote} atm usdx 98.01 low, hitting near week soft support.
just to show you how much I dislike Euro longs....my 1H ea triggered long yesterday at 1027.. added again at 1017...I manually killed both trades with only +3 pips ...enough to cover commission ...lol.....I need to rethink this.. leave my ea alone sometimes,,,
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  • #47,167
  • Nov 15, 2019 8:24am Nov 15, 2019 8:24am
Quoting Boulder
{quote} just to show you how much I dislike to long Euro....my 1H ea triggered long yesterday at 1027.. added again at 1017...I manually killed both trades with only +3 pips ...enough to cover commission ...lol.....I need to rethink this.. leave my ea alone sometimes,,, {image}
damned if you do, damned if u dont.
those who can, do. those who cant, talk about those who can
  • #47,168
  • Nov 15, 2019 8:27am Nov 15, 2019 8:27am
Quoting Boulder
{quote} 1036 printed... next to print 1042... RU R3 ----------1.1059 FP R3 ----------1.1050 RU R2 ----------1.1042 FP R2 ----------1.1036 RU R1 ----------1.1031 FP R1 ----------1.1027 FP PP ----------1.1012 WP S1 ----------1.1010 RU S1 ----------1.1010 1
Bulls next to print 1050...

RU R3 ----------1.1059
FP R3 ----------1.1050
RU R2 ----------1.1042
FP R2 ----------1.1036
RU R1 ----------1.1031
FP R1 ----------1.1027
FP PP ----------1.1012
WP S1 ----------1.1010
RU S1 ----------1.1010
  • #47,169
  • Nov 15, 2019 8:33am Nov 15, 2019 8:33am
Quoting Boulder
{quote} Bulls next to print 1050... RU R3 ----------1.1059 FP R3 ----------1.1050 RU R2 ----------1.1042 FP R2 ----------1.1036 RU R1 ----------1.1031 FP R1 ----------1.1027 FP PP ----------1.1012 WP S1 ----------1.1010 RU S1 ----------1.1010
need a nap.. alarms set for usdx
those who can, do. those who cant, talk about those who can
  • #47,170
  • Nov 15, 2019 8:36am Nov 15, 2019 8:36am
Quoting thelws
short 1044 part of my grid. Can add 6 more times. Will add as it goes higher
out 1.1039

Will add again if the chance presents itself.
  • #47,171
  • Nov 15, 2019 8:43am Nov 15, 2019 8:43am
Just an observation. If you are selling EURUSD and selling USDCHF as a hedge, you are effectively selling EUR and buying CHF so you are therefore ALWAYS selling EURCHF. For best hedge effect you only want to be doing this ideally when EURCHF is going DOWN. Otherwise the hedge is least effective and will actually cost you in the short term.
  • #47,172
  • Nov 15, 2019 8:58am Nov 15, 2019 8:58am
Guys in this potential HnS pattern can someone tell me which is the correct neckline please ?? https://invst.ly/onuso or https://invst.ly/onuw9
  • #47,173
  • Nov 15, 2019 8:59am Nov 15, 2019 8:59am
Quoting siIversurfer
Guys in this potential HnS pattern can someone tell me which is the correct neckline please ?? https://invst.ly/onuso or https://invst.ly/onuw9
It is not a heads and shoulder pattern. You're trying to force the chart to conform to your bias.
I circled the double top pattern. If price reaches the neckline, that would be a good place to short.
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  • #47,174
  • Nov 15, 2019 9:04am Nov 15, 2019 9:04am
Quoting thelws
{quote} It is not a heads and shoulder pattern. You're trying to force the chart to conform to your bias. I circled the double top pattern. If price reaches the neckline, that would be a good place to short. {image}
Isn't it a potential HnS pattern ?? I see the double Top pattern and I shorted it but if we go above 1.1170 isnt it a HnS pattern ?
  • #47,175
  • Nov 15, 2019 9:05am Nov 15, 2019 9:05am
98 usdx alarm hit..

I missed this last night...
Inserted Video
those who can, do. those who cant, talk about those who can
  • #47,176
  • Nov 15, 2019 9:07am Nov 15, 2019 9:07am
Quoting siIversurfer
Guys in this potential HnS pattern can someone tell me which is the correct neckline please ?? https://invst.ly/onuso or https://invst.ly/onuw9
dont worry about it.. it's nothing yet.
those who can, do. those who cant, talk about those who can
  • #47,177
  • Nov 15, 2019 9:09am Nov 15, 2019 9:09am
Quoting swd
Just an observation. If you are selling EURUSD and selling USDCHF as a hedge, you are effectively selling EUR and buying CHF so you are therefore ALWAYS selling EURCHF. For best hedge effect you only want to be doing this ideally when EURCHF is going DOWN. Otherwise the hedge is least effective and will actually cost you in the short term.
yeah, I noticed the pattern ... ....still selling Swissy to hedge selling EurUsd since it has one of the highest negative correlation to EurUsd shorts beside UCat...
I do need to put EurChf on my watch lists...thanks for input...
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  • #47,178
  • Nov 15, 2019 9:10am Nov 15, 2019 9:10am
Quoting siIversurfer
{quote} Isn't it a potential HnS pattern ?? I see the double Top pattern and I shorted it but if we go above 1.1170 isnt it a HnS pattern ?
the double top I circled invalidated the heads and shoulder. You cna't just skip the double top and assume it never happened. THe whole reason we're so bearish biased is because of that double top. And since that double top has not been invalidated yet, the bearish bias remains.
  • #47,179
  • Nov 15, 2019 9:10am Nov 15, 2019 9:10am
took a tight stop 1049.4 short. (not part of grid)
those who can, do. those who cant, talk about those who can
  • #47,180
  • Nov 15, 2019 9:10am Nov 15, 2019 9:10am
Quoting gatorinla
{quote} dont worry about it.. it's nothing yet.
Yeah I know that why I said potential. Im just new to technical analysis and more in pattern and I just try to practice. Thats why im looking for the neckline.

Thank you all for your answers !!
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