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The Swamp

  • #47,861
  • Nov 29, 2019 6:11am Nov 29, 2019 6:11am
Quoting jaylovin
Lets all pray together this time and hope eurousd will do the right thing... and die!!!
Why not trading the chart, instead of praying? Stop focusing on the lower EU gap, there is also another one above 1.30, they are both meaningless and DON'T have to be filled, no gap has to be filled, its just retail trader's wish thinking.
Everyone can see the chart, but only a few can actually read it.
  • #47,862
  • Nov 29, 2019 6:27am Nov 29, 2019 6:27am
Quoting Mitiblotch
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.
Booked almost 10 pips here. Moved SL to entry for the rest.
  • #47,863
  • Nov 29, 2019 7:03am Nov 29, 2019 7:03am
Quoting OnlineAddict
{quote} Why not trading the chart, instead of praying? Stop focusing on the lower EU gap, there is also another one above 1.30, they are both meaningless and DON'T have to be filled, no gap has to be filled, its just retail trader's wish thinking.
Says you who called for 1.1150+ a couple of weeks ago - are you following the chart? Cause it ain't exactly working out for you.

FYI i am actually trading the chart in my eyes. For the past year and a half i called for 1.08xx levels when at 1.15.

I am wrong a lot but it ain't down to praying.

And for the 2nd time, i am NOT trading the gap. My target is 1.0850 - the gap is below that.
  • #47,864
  • Edited 7:29am Nov 29, 2019 7:19am | Edited 7:29am
if usdx can close today above 98.44.. it has room to run with a day trend swap to bullish. The eu is already 1 min, 5 min, 15 min, 30 min, 1h, 4h, 12h, day, week, month, quarter and year bearish. Eu also has the swap in its favor. Have some patience to see it develop.
Inserted Video
sell eu under day 200 ema. sell spikes with it in mind.
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those who can, do. those who cant, talk about those who can
  • #47,865
  • Nov 29, 2019 7:21am Nov 29, 2019 7:21am
Quoting jaylovin
{quote} Says you who called for 1.1150+ a couple of weeks ago - are you following the chart?
It has been 2 weeks and I will get my target without worrying.

Quoting jaylovin
I am wrong a lot but it ain't down to praying.
You started the talk about praying, not me.
Everyone can see the chart, but only a few can actually read it.
  • #47,866
  • Edited 7:42am Nov 29, 2019 7:30am | Edited 7:42am
Quoting Mitiblotch
After the long consolidation at the top for 4 days EU finally breaks down and rains pips. I will look to scalp buy where possible, but will hold onto my 1091 short for as long as possible. Next week I expect further falls. At the slightest sign of consolidation again next week I will start booking Boulder's customary 10 pips so as to make the week more profitable than this. Won all my trades this week except one (EJ today minus 2 pips. Yes, two!) {image}
Closed my 1091 short here at 0983. 108 blue pips!
  • #47,867
  • Nov 29, 2019 7:34am Nov 29, 2019 7:34am
Im wondering if I should go short at 1.0993. This being friday and end of the month... Maybe I should just go to sleep.
  • #47,868
  • Nov 29, 2019 7:39am Nov 29, 2019 7:39am
Quoting OnlineAddict
{quote} It has been 2 weeks and I will get my target without worrying. {quote} You started the talk about praying, not me.
Sorry before bro, no offence, if I may ask, how could you be so sure EU will climb up to 1.11500 while the bigger picture is bearish trend?
  • #47,869
  • Nov 29, 2019 7:47am Nov 29, 2019 7:47am
Quoting gatorinla
No trolls allowed. professional oriented trading only. i dont check pm much. current personal outlook eu to test 1.17 assholes not allowed know who you are.(ur2sweet) so dont mix asshole with stupid. 687,7020 got the first one below {image}
To whom it may concern. Please post your analysis. We dont care about the trending "wrong opinion post" placed here. Each few weeks. We know its your secret sauce. So you won't post analysis But evidently it isn't working. Neither is holding bad trades with the swap eating ones account. The only one fooled is yourself. Nobody is going to steal your secret sauce, that isn't working. One has to be honest with oneself to grow in trading. It takes a lot of self reflection, to be a trader. Things dont always go your way. Trying to sway others in a bad system. Isn't going to make you a better trader.

If you think this is support, then spit it out. If it holds. fine. Stop blowing smoke up everyone's ass. Eventually you will be right. A broken clock has the right time twice a day.
those who can, do. those who cant, talk about those who can
  • #47,870
  • Nov 29, 2019 7:50am Nov 29, 2019 7:50am
Quoting gatorinla
{quote} To whom it may concern. Please post your analysis. We dont care about the trending "wrong opinion post" placed here. Each few weeks. We know its your secret sauce. So you won't post analysis But evidently it isn't working. Neither is holding bad trades with the swap eating ones account. The only one fooled is yourself. Nobody is going to steal your secret sauce, that isn't working. One has to be honest with oneself to grow in trading. It takes a lot of self reflection, to be a trader. Things dont always go your way. Trying to sway others...

Amen! Lets pray again. Closer to target 1 at 1.0966

Final target 1.0850
  • #47,871
  • Nov 29, 2019 7:57am Nov 29, 2019 7:57am
Quoting thelws
Im wondering if I should go short at 1.0993. This being friday and end of the month... Maybe I should just go to sleep.
still trying to decide whether or not to go short @1.0991/1.0993.
I got a signal to go short... But I keep thinking month end rebalancing will send the dollar down.
  • #47,872
  • Nov 29, 2019 7:59am Nov 29, 2019 7:59am
Any views here on the Swissy? Seems to not want to retrace.


Cheers

Jeff
I EAT PIPS
  • #47,873
  • Nov 29, 2019 8:06am Nov 29, 2019 8:06am
Quoting jshear
Any views here on the Swissy? Seems to not want to retrace. Cheers Jeff
month and day are on uc are bullish.. the week (bearish) gives up on close 1.00+ ish today..

usdx 98.44+
those who can, do. those who cant, talk about those who can
  • #47,874
  • Nov 29, 2019 8:08am Nov 29, 2019 8:08am
And when you thought euro volatility couldn't get worse...

"Over the past five days, the difference between its highest and lowest points against the dollar has been a mere 0.38 per cent, marking the quietest stretch for the euro since it was introduced in January 1999, Refinitiv data show."

Time to look for other pairs to trade.
Everyone can see the chart, but only a few can actually read it.
  • #47,875
  • Nov 29, 2019 8:10am Nov 29, 2019 8:10am
Quoting Boulder
{quote} EurUsd month volatility is at historic low... {image}
what's old is new again.
those who can, do. those who cant, talk about those who can
  • #47,876
  • Nov 29, 2019 8:16am Nov 29, 2019 8:16am
Quoting jshear
Any views here on the Swissy? Seems to not want to retrace. Cheers Jeff
In weekly chart, it slowly create rising wedge, maybe after reach 1.00700 - 1.00800 area it would drop at least 150 - 200 pips.
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  • #47,877
  • Nov 29, 2019 8:18am Nov 29, 2019 8:18am
usdx closing above 98.44 today is in line with eu dropping. It may not happen today. If not more of this week is expected. Take the time to do something else. Kick the dog. Call your mom. Hug your girl (or her sister you have the hots for). Do your taxes. Something other than trading.

I'm trying to build future positions. The swiss shorts may be over with a close above 1...
those who can, do. those who cant, talk about those who can
  • #47,878
  • Nov 29, 2019 8:25am Nov 29, 2019 8:25am
going to call it a week/month.

I currently have a signal to short EU. But that 1h rejection suggests that we might not see lower today.
Plus I still think that the rebalancing might still happen maybe in 1 or 2 hours. And it should be dollar negative since equities are record high.

I will check again on monday. See you all.
  • #47,879
  • Nov 29, 2019 8:27am Nov 29, 2019 8:27am
Quoting hans91
{quote} In weekly chart, it slowly create rising wedge, maybe after reach 1.00700 - 1.00800 area it would drop at least 150 - 200 pips. {image}
That swap is to high for most to consider... Its breaking week R. Be careful. I wouldn't touch it.. After the day closes, it may look clearer. 1.007x has a possible little R. but not one to hold overnight. It may allow a long at 1. later if the week closes above 1.0. 1.007 may push it to 1 again.

long wise, the week has yet to close.

short wise, the swap sucks, it brokeR, It may close above weekly R, with day and a bullish month trend to push it higher. .
those who can, do. those who cant, talk about those who can
  • #47,880
  • Nov 29, 2019 8:30am Nov 29, 2019 8:30am
Hi gator, could you see the EU for daily chart? it is establishing bullish divergence. My guts says that EU will retest to 1.1040 - 1.1050 area next week..
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