The Swamp | Page 2393 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #47,841
  • Nov 28, 2019 6:58am Nov 28, 2019 6:58am
Quoting NWSTrading
I find that when it seems too easy it's probably a trap. They aren't going to let usdchf traders get away with a no brainer short at 1.0. the recent high will likely be broken by at least 20 pips before any significant correction downward.
dont know I have R at this 1.00x area.. not to say it cant touch 1.0074 and retrace. But if the week continues to close and open below .9998. it has potential to drop back to test .9710. and if the month closes below it, its bearish to me. Day wise a close below 98.52 increases chances the month would be tested. It looks like a 1000 pip range to me with the meat below 1.0070 to .9476 to me. For the last 4 years. If given the chance, 1.0070 looks like a short to me. A holder if the week closed below .9998. or vice versa on a long 9476, if the month closed above .9710. All about useless as tits on a mule atm.

If the week continues to close under .9998 its a short with a possible top at 1.007x. The wedge looking formation most often breaks down. After failing to cross 1.007x
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 45 KB
those who can, do. those who cant, talk about those who can
  • #47,842
  • Nov 28, 2019 7:02am Nov 28, 2019 7:02am
my H1 ea just triggered Swiss short at 9984
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 7 KB
  • #47,843
  • Nov 28, 2019 7:05am Nov 28, 2019 7:05am
EurChf H1 just flipped to downtrend... UsdChf H1 trend may follow next....
  • #47,844
  • Nov 28, 2019 7:05am Nov 28, 2019 7:05am
Quoting gatorinla
{quote} dont know I have R at this 1.00x area.. not to say it cant touch 1.0074 and retrace. But if the week continues to close and open below .9998. it has potential to drop back to test .9710. and if the month closes below it, its bearish to me. Day wise a close below 98.52 increases chances the month would be tested. It looks like a 1000 pip range to me with the meat below 1.0070 to .9476 to me. For the last 4 years. If given the chance, 1.0070 looks like a short to me. A holder if the week closed below .9998. or vice versa on a long 9476, if...
patterns aren't always precise. the red line could also be a imperfect wedge. imperfect since the high line was breached. I dont think it makes it off base to think it's reached the possible high. Maybe to a lesser degree. The pattern being built as volume decreases. Thanksgiving week can have the decrease in volume affect. Something a wedge thrives on..
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 52 KB
those who can, do. those who cant, talk about those who can
  • #47,845
  • Nov 28, 2019 7:26am Nov 28, 2019 7:26am
The last imperfect wedge on week. pa went slightly above for a month+
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 61 KB
those who can, do. those who cant, talk about those who can
  • #47,846
  • Nov 28, 2019 9:24am Nov 28, 2019 9:24am
come one euro.... just hit 1.0850 already.... or die!!!!

shorted gbpjpy for some from 140.50... aiming for gap close at 139.45... will hedge if it spikes
  • #47,847
  • Nov 28, 2019 10:34am Nov 28, 2019 10:34am
EU Monthly chart forms falling wedge. I sense of feeling that a couple of months later, it could fly to 1.15xxx.. what's your thought guys?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2019-11-28-23-32-05-440_net.metaquotes.metatrader4.png Size: 200 KB
  • #47,848
  • Nov 28, 2019 11:33am Nov 28, 2019 11:33am
Quoting hans91
EU Monthly chart forms falling wedge. I sense of feeling that a couple of months later, it could fly to 1.15xxx.. what's your thought guys? {image}

imo 1.0878 needs to be taken out... it could keep going to close gap down to 1.0690... it could go back to test those untested levels down to parity... a couple of months is probably impossible to say - i expected 1.0850 about 1.5 years ago - we still ain't reached...

bull? Yes it will... when? no idea... how high? depends... the more volatile the more violence... its moved over 1000 pips in a week - 1.30 is not out of the question

but lets talk about now... this pair is just bullshit. the swap is helping me keep my shorts
  • #47,849
  • Nov 28, 2019 12:31pm Nov 28, 2019 12:31pm
1.1055 is a good target for this week or go down for 1.095x!


Attached Image (click to enlarge)
Click to Enlarge Name: BULLEU.png Size: 173 KB
  • #47,850
  • Nov 28, 2019 1:20pm Nov 28, 2019 1:20pm
Quoting jaylovin
come one euro.... just hit 1.0850 already.... or die!!!! shorted gbpjpy for some from 140.50... aiming for gap close at 139.45... will hedge if it spikes

closed Geppy for 10.... waiting for weakness before shorting. it wants up... watch 143.79
  • #47,851
  • Nov 28, 2019 7:55pm Nov 28, 2019 7:55pm
on eu my 15 turned bullish at 1010.. i plan on shorting after 1043/44+.. Atm st shows 1018 as a target. in other times I would wait for 1083/85 to short.

my 30 up is bearish..
those who can, do. those who cant, talk about those who can
  • #47,852
  • Nov 28, 2019 8:46pm Nov 28, 2019 8:46pm
Quoting gatorinla
on eu my 15 turned bullish at 1010.. i plan on shorting after 1043/44+.. Atm st shows 1018 as a target. in other times I would wait for 1083/85 to short. my 30 up is bearish..
Good night....barely traded today... lets make some green pips tomorrow...
  • #47,853
  • Nov 28, 2019 9:58pm Nov 28, 2019 9:58pm
Quoting Boulder
{quote} Good night....barely traded today... lets make some green pips tomorrow...
Its not your fault. volatility has sucked this week. maybe tomorrow month ending will move.. I dont want to pay for swap, so i will just wait.
those who can, do. those who cant, talk about those who can
  • #47,854
  • Nov 28, 2019 10:31pm Nov 28, 2019 10:31pm
Quoting gatorinla
{quote} Its not your fault. volatility has sucked this week. maybe tomorrow month ending will move.. I dont want to pay for swap, so i will just wait.
I don't know how we are supposed to trade this, sincerely. When this pair used to move around 70 pips per day it was manageable. Now imagine now are having 17-20 pips per day. It is actually annoying.
  • #47,855
  • Nov 29, 2019 12:06am Nov 29, 2019 12:06am
Quoting Mitiblotch
{quote} I don't know how we are supposed to trade this, sincerely. When this pair used to move around 70 pips per day it was manageable. Now imagine now are having 17-20 pips per day. It is actually annoying.
in slow market like this , ranging is good for quick scalp
  • #47,856
  • Nov 29, 2019 2:32am Nov 29, 2019 2:32am
Quoting Mitiblotch
{quote} I don't know how we are supposed to trade this, sincerely. When this pair used to move around 70 pips per day it was manageable. Now imagine now are having 17-20 pips per day. It is actually annoying.
perhaps the world is getting close to collapse economy so that's why nowadays market movement is too slow and slightly.
  • #47,857
  • Edited 3:06am Nov 29, 2019 2:47am | Edited 3:06am
Short a little EJ here at 120.60. Hard stop at 121.00. Hardly trade this pair; see if I can grab something from the potential M pattern plus evening star on the 1hr.
  • #47,858
  • Nov 29, 2019 4:11am Nov 29, 2019 4:11am
Quoting Mitiblotch
{quote} I don't know how we are supposed to trade this, sincerely. When this pair used to move around 70 pips per day it was manageable. Now imagine now are having 17-20 pips per day. It is actually annoying.
sideline is a trade too
those who can, do. those who cant, talk about those who can
  • #47,859
  • Nov 29, 2019 4:29am Nov 29, 2019 4:29am
from Ransqawk...EurUsd 1.1005 atm
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 63 KB
  • #47,860
  • Nov 29, 2019 6:08am Nov 29, 2019 6:08am
Lets all pray together this time and hope eurousd will do the right thing... and die!!!

In other notes. Audusd long from 6770. Looking for 6820 ish with a 20 pip stop
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20191129-120551_IG Trading.jpg Size: 276 KB
64 traders viewing now