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The Swamp

  • #47,901
  • Nov 29, 2019 6:32pm Nov 29, 2019 6:32pm
still holding AU long but looks slow
holding EU shorts

I am looking to short GJ around 143.70... i think it'll shoot higher before lower

EU is showing a bullish pin bar on daily so i will look to add shorts higher up. can't say where yet but i sort of hoped for 1.0966 to reach before a bounce.
  • #47,902
  • Nov 29, 2019 8:02pm Nov 29, 2019 8:02pm
Quoting jaylovin
still holding AU long but looks slow holding EU shorts I am looking to short GJ around 143.70... i think it'll shoot higher before lower EU is showing a bullish pin bar on daily so i will look to add shorts higher up. can't say where yet but i sort of hoped for 1.0966 to reach before a bounce.
testing broken channel from bottom.
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those who can, do. those who cant, talk about those who can
  • #47,903
  • Nov 30, 2019 12:02am Nov 30, 2019 12:02am
month saved on last day. BE month at last.

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don't predict direction, but dance with flow of water
  • #47,904
  • Nov 30, 2019 12:27am Nov 30, 2019 12:27am
if you know, you will enjoy
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don't predict direction, but dance with flow of water
  • #47,905
  • Nov 30, 2019 3:47am Nov 30, 2019 3:47am
Quoting gatorinla
{quote} testing broken channel from bottom. {image}
Trendlines and channels can be subjective.

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Everyone can see the chart, but only a few can actually read it.
  • #47,906
  • Nov 30, 2019 3:56am Nov 30, 2019 3:56am
I will be trading both 1150 and 880(before 1600), not 100% sure which will come first, so if 1100+ comes first, I will wait for a re-test of 880.

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  • #47,907
  • Nov 30, 2019 5:27am Nov 30, 2019 5:27am
Quoting OnlineAddict
I will be trading both 1150 and 880(before 1600), not 100% sure which will come first, so if 1100+ comes first, I will wait for a re-test of 880. {image}
As is, interest rate differentials will not allow 1600. Of course nothing is impossible, but it would be a result of significant fundamental catalysts the likes of which are pure conjecture. Fun to think about though...1.16 before 1.0 and my daughter would be bumping elbows with the Kardashians
  • #47,908
  • Nov 30, 2019 6:24am Nov 30, 2019 6:24am
UC pennant in the making on 4h chart.

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  • #47,909
  • Edited 7:10am Nov 30, 2019 6:49am | Edited 7:10am
Quoting NWSTrading
{quote} As is, interest rate differentials will not allow 1600. Of course nothing is impossible, but it would be a result of significant fundamental catalysts the likes of which are pure conjecture. Fun to think about though...1.16 before 1.0 and my daughter would be bumping elbows with the Kardashians
I remember when EU wasn't able to break below the 2300-2500 range and people used to say 1800 is impossible back then. Nothing is really impossible and just like this year was the least volatile, we don't know if the next won't be the most volatile, where 200 pip days are common again. So I wouldn't dare to say 1.16 is impossible.
Everyone can see the chart, but only a few can actually read it.
  • #47,910
  • Nov 30, 2019 6:55am Nov 30, 2019 6:55am
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...
this
those who can, do. those who cant, talk about those who can
  • #47,911
  • Nov 30, 2019 7:00am Nov 30, 2019 7:00am
Quoting OnlineAddict
{quote} Trendlines and channels can be subjective. {image}
that's why you draw them ahead of time like what i show.
https://www.forexfactory.com/attachm...8&d=1574671979
those who can, do. those who cant, talk about those who can
  • #47,912
  • Nov 30, 2019 7:15am Nov 30, 2019 7:15am
Quoting gatorinla
{quote} looking good with a usdx day close above 98.44 still needed. If it can't get that close above, 1083/85 may come once more, before 0798. I still target 1.0846.7, after that, "?". Don't know, but will look out for 1083/85 the closer to 1.0798. The next pink circle just under 1.10, some possible bounce below it when trying the break the 99.44 R on the usdx around the same time. (1.0988 area) {image}
1083 odds increased. Setup for 0798 is valid. Still need a usdx day close above 98.44
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those who can, do. those who cant, talk about those who can
  • #47,913
  • Dec 1, 2019 12:29am Dec 1, 2019 12:29am
Quoting KiwiTrada
{quote} I wouldn't short swissy, daily if yesterdays low is 3rd HL then she has room north, yesterdays candle could possibly be reversal north at least next 4 or 5 days??? :-)
4 solid bull days, :-) 5th day breather then another attack of parity, parity is a bitch, has been a bitch for 9years, last monthly didn't quite print a new high, pity, however it closed above previous months close, I still favouring north, including smashing parity, just a pity last month couldn't crack a new high, however, If she did print a new monthly high, that would most likely see her dropping like a rock, with last months low becoming key, the key is buying HL selling HH in uptrend, more east would be fk shit,
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  • #47,914
  • Dec 1, 2019 12:39am Dec 1, 2019 12:39am
Quoting KiwiTrada
{quote} 4 solid bull days, :-) 5th day breather then another attack of parity, parity is a bitch, has been a bitch for 9years, last monthly didn't quite print a new high, pity, however it closed above previous months close, I still favouring north, including smashing parity, just a pity last month couldn't crack a new high, however, If she did print a new monthly high, that would most likely see her dropping like a rock, with last months low becoming key, the key is buying HL selling HH in uptrend, more east would be fk shit,
conversely EU monthly printed LL approx. 4 pips:-) 4 pips is 4 pips, it was a good bear month, considering she has been bear for last 11 years, with this mothly LL swing targeting Parity, bears have deserve a high fk 5 :-)
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  • #47,915
  • Dec 1, 2019 5:19am Dec 1, 2019 5:19am
UJ; 30m; clear break of TL.

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  • #47,916
  • Dec 1, 2019 8:56am Dec 1, 2019 8:56am
https://charts.mql5.com/22/925/eurus...al-limited.png

what I see.

sitting ducks were sitting around 1.0988 and bellow. market clean them with a fast attack and runaway toward 1025 area and then close the day @1016.
now the new long position traders are in at different. price level. so, as usual, most of them would like to protect the trade so at what level they put the SL. I see @ 1.1002 1.0998 and 1.994. so If I want to go long I will start add from 1.1002 till 1.0994
if she did not go downside and move upside in a slow small way then 1.1052 is the area for short again have a plan for both situations called "if" setup if she does this I will do that.
and if she quick march toward 1.1052 area then I am expecting after 1.1052 a sharp 1.1025 downside spike
will occur. in that case, I will long @ 1.1025 area. for a move above 1.1052 area till 1.1125.
https://charts.mql5.com/22/925/eurus...-limited-2.png
don't predict direction, but dance with flow of water
  • #47,917
  • Edited 6:04pm Dec 1, 2019 5:47pm | Edited 6:04pm
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I got a signal to go long on technical analysis. Circled area might be a contentious point.

But judging from the mixed price forecast analysis, I doubt we will see much action until end of the week where nfp data comes out.

Fundamentally speaking, I'm bullish usd. Since fudnametnal data has been showing strong numbers despite trade war.

Overall, price forecast this start of this week is mixed. I expect price to show similar results until fundamental data moves market in 1 direction.

Edit: I'm putting pending buy @1.1000.
  • #47,918
  • Dec 1, 2019 6:41pm Dec 1, 2019 6:41pm
not much going on.. interesting waves. this one 80'+.
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  • #47,919
  • Dec 1, 2019 8:07pm Dec 1, 2019 8:07pm
31 pip cripple. I chickened out holding for 6150. 6150/6x may be a long..I have a possible bounce after 6258, that was my st target.. my tp added some spread.
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those who can, do. those who cant, talk about those who can
  • #47,920
  • Dec 1, 2019 8:27pm Dec 1, 2019 8:27pm
Quoting gatorinla
31 pip cripple. I chickened out holding for 6150. 6150/6x may be a long..I have a possible bounce after 6258, that was my st target.. my tp added some spread. {image}
a good one in pips;
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