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The Swamp

  • #48,661
  • Dec 13, 2019 9:51am Dec 13, 2019 9:51am
Quoting gatorinla
st if this drops.. 1150 is the first stop (attraction). if more 1119 (attraction).. if this high holds, 1028/29 is a bear and bull number. bulls would relax enough to allow it..
1118.x/19 attraction
those who can, do. those who cant, talk about those who can
  • #48,662
  • Dec 13, 2019 9:54am Dec 13, 2019 9:54am
Quoting Boulder
fyi {image}
almost a full sheet..
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those who can, do. those who cant, talk about those who can
  • #48,663
  • Dec 13, 2019 10:14am Dec 13, 2019 10:14am
Quoting Mitiblotch
Entered USDCAD buy again at 3160 and 3171.
Out at 3194. 34 pips!
  • #48,664
  • Dec 13, 2019 10:34am Dec 13, 2019 10:34am
LC did close higher on the day and week.. bears use some caution.. it most often will make a bounce again..Within the next 24 h in trading for day. Or week within the next 7 days. Bears should get a new chance to sell.
those who can, do. those who cant, talk about those who can
  • #48,665
  • Dec 13, 2019 10:36am Dec 13, 2019 10:36am
Again, bulls failed the attack to 1,12, but itīs clear the trading range, for now!
  • #48,666
  • Dec 13, 2019 10:39am Dec 13, 2019 10:39am
Quoting Mitiblotch
{quote} Out at 3194. 34 pips!
Congrats. I call it a weeek, from this moment. 500 pips, not fabulous, but prety good, for me! May be Trump has something to tweet during WE about Tariffs. A good WE for all of you!
  • #48,667
  • Dec 13, 2019 10:41am Dec 13, 2019 10:41am
Quoting gatorinla
LC did close higher on the day and week.. bears use some caution.. it most often will make a bounce again..Within the next 24 h in trading for day. Or week within the next 7 days. Bears should get a new chance to sell.
Do you find that the distance that LC differs from the previous day makes much difference, or is it kind of an all or nothing deal down to the pip? I see that today's was only 3 pips above yesterday's. In your opinion, does that decrease the odds of a bounce as compared to if it had closed higher yet? Thank you much.
  • #48,668
  • Dec 13, 2019 10:42am Dec 13, 2019 10:42am
Quoting gatorinla
LC did close higher on the day and week.. bears use some caution.. it most often will make a bounce again..Within the next 24 h in trading for day. Or week within the next 7 days. Bears should get a new chance to sell.
if the atm low remains.. 1158 should get a visit..
those who can, do. those who cant, talk about those who can
  • #48,669
  • Dec 13, 2019 11:21am Dec 13, 2019 11:21am
Quoting AirmanFF
{quote} Congrats. I call it a weeek, from this moment. 500 pips, not fabulous, but prety good, for me! May be Trump has something to tweet during WE about Tariffs. A good WE for all of you!
Thanks Airman. I wish you a great week!
  • #48,670
  • Dec 13, 2019 11:22am Dec 13, 2019 11:22am
Quoting gatorinla
{quote} if the atm low remains.. 1158 should get a visit..
Very possible, yet a close below 1,1120 is , Technically speaking, no other thing than bearish. The WE can bring some news - Boris and Brexit, Trump and Tarifs. So a graph that is very confusing, but yet simple. https://invst.ly/p32c4
  • #48,671
  • Dec 13, 2019 12:31pm Dec 13, 2019 12:31pm
Quoting NWSTrading
{quote} Do you find that the distance that LC differs from the previous day makes much difference, or is it kind of an all or nothing deal down to the pip? I see that today's was only 3 pips above yesterday's. In your opinion, does that decrease the odds of a bounce as compared to if it had closed higher yet? Thank you much.
some confusion with China deal may have held up eu.. It may have kept lc above yesterday's close. I closed some earlier than wanted out of caution. I will try to catch a bounce later.

Short answer is, "it makes no difference most of the time. Its either above or below.."
those who can, do. those who cant, talk about those who can
  • #48,672
  • Dec 13, 2019 12:33pm Dec 13, 2019 12:33pm
Quoting AirmanFF
{quote} Very possible, yet a close below 1,1120 is , Technically speaking, no other thing than bearish. The WE can bring some news - Boris and Brexit, Trump and Tarifs. So a graph that is very confusing, but yet simple. https://invst.ly/p32c4
either 1109, or 1154 now. minimal on either
those who can, do. those who cant, talk about those who can
  • #48,673
  • Dec 13, 2019 12:39pm Dec 13, 2019 12:39pm
Quoting gatorinla
{quote} if the atm low remains.. 1158 should get a visit..
new low 1154 now..
those who can, do. those who cant, talk about those who can
  • #48,674
  • Dec 13, 2019 1:16pm Dec 13, 2019 1:16pm
We are above the 200 MAs and this uptrend line not yet broken so there is a chance of a move higher. I still foresee 1.0878 to be tested
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  • #48,675
  • Edited 3:36pm Dec 13, 2019 3:20pm | Edited 3:36pm
Quoting Boulder
A few datapoints for EurUsd atm: H1 Uptrend stop 1.1107 H4 Uptrend stop 1.1046 Day Uptrend stop 1.0984 Week Downtrend stop 1.1197 Month Downtrend stop 1.1827 Yesterday Eur tested weekly downtrend stop 1.1197... today is week close.. the most important stop, wait to see bears can hold...
Glad bears held the weekly downtrend stop...bears have reversed H1 to downtrend as well... next week.. lets see bears can reverse H4 and day uptrends ...
  • #48,676
  • Dec 13, 2019 3:46pm Dec 13, 2019 3:46pm
Anyone's EU just a massive pinbar with a 75 pip wick? Oanda. I see gap close as the target now (1.08). DXY will hit 100 then. I short UJ when it hits 110, target 90-85. Trade deal about to fall through this Christmas imo.
  • #48,677
  • Dec 13, 2019 3:54pm Dec 13, 2019 3:54pm
Quoting WhipKream
Anyone's EU just a massive pinbar with a 75 pip wick? Oanda. I see gap close as the target now (1.08). DXY will hit 100 then. I short UJ when it hits 110, target 90-85. Trade deal about to fall through this Christmas imo.
Oanda are well known scammers, they have been doing this kind of SL hunt for years, maybe for over a decade. 50-100 pip spreads. I am surprised people still use them, but well...
Everyone can see the chart, but only a few can actually read it.
  • #48,678
  • Dec 13, 2019 4:02pm Dec 13, 2019 4:02pm
Quoting OnlineAddict
{quote} Oanda are well known scammers, they have been doing this kind of SL hunt for years, maybe for over a decade. 50-100 pip spreads. I am surprised people still use them, but well...
US residents are rather restricted, and they offer limited FIFO restrictions. I am aware they are frontrunners though. The spread wasn't my issue, this is.
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compared to this...
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  • #48,679
  • Dec 13, 2019 4:02pm Dec 13, 2019 4:02pm
Oanda shows the high at 1.11997. Same as most other brokers, including FF aggregate charts. Very reliable broker imo. Have a great weekend all.
  • #48,680
  • Dec 13, 2019 4:05pm Dec 13, 2019 4:05pm
Possible outcome for the coming weeks.

Attached Image (click to enlarge)
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Everyone can see the chart, but only a few can actually read it.
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