The Swamp | Page 2452 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #49,021
  • Dec 20, 2019 11:21am Dec 20, 2019 11:21am
Inserted Video
those who can, do. those who cant, talk about those who can
  • #49,022
  • Dec 20, 2019 11:22am Dec 20, 2019 11:22am
Quoting Boulder
{quote} cute;;
I hope u made a pile today..
those who can, do. those who cant, talk about those who can
  • #49,023
  • Dec 20, 2019 11:30am Dec 20, 2019 11:30am
Quoting OnlineAddict
Strong bottoming on UsdChf H1, H4 and daily, so EU drop should accelerate this week.
Worked out nicely...dollar bulls should continue next week. Too bad its a holiday week, so probably only 2 days will be normal when it comes to volume.

Next week, 1020 should be doable, even on a slow week.
Everyone can see the chart, but only a few can actually read it.
  • #49,024
  • Dec 20, 2019 1:37pm Dec 20, 2019 1:37pm
Quoting JustPipMe
{quote} Interesting. Still pending?
Bounced
A good trader follows his rules, but great trader knows when to break them
  • #49,025
  • Dec 20, 2019 1:46pm Dec 20, 2019 1:46pm
Quoting ill_be_back
Pending LONG {image}
GU respects big candle reversals pretty well...and looking at weekly, this is set up for a further drop. 2880 minimum, then 2680...maybe even down to 2380, we will see in the coming weeks, months.
Everyone can see the chart, but only a few can actually read it.
  • #49,026
  • Dec 20, 2019 1:49pm Dec 20, 2019 1:49pm
Quoting OnlineAddict
{quote} GU respects big candle reversals pretty well...and looking at weekly, this is set up for a further drop. 2880 minimum, then 2680...maybe even down to 2380, we will see in the coming weeks, months.
I think will prolly retrace some early next week before the DROP
A good trader follows his rules, but great trader knows when to break them
  • #49,027
  • Dec 20, 2019 1:53pm Dec 20, 2019 1:53pm
Quoting ill_be_back
{quote} I think will prolly retrace some early next week before the DROP
Probably, asia mostly does retraces after market opens, until Frankfurt or early London...then we will see where it goes after that.
Everyone can see the chart, but only a few can actually read it.
  • #49,028
  • Dec 20, 2019 2:00pm Dec 20, 2019 2:00pm
GU closed on my broker at 2999, since it closes 1 minute earlier, what about others?
Everyone can see the chart, but only a few can actually read it.
  • #49,029
  • Dec 20, 2019 2:17pm Dec 20, 2019 2:17pm
Quoting OnlineAddict
GU closed on my broker at 2999, since it closes 1 minute earlier, what about others?
1.29925 and 1.30075 bid and ask
  • #49,030
  • Dec 20, 2019 2:25pm Dec 20, 2019 2:25pm
Quoting WhipKream
{quote} 1.29925 and 1.30075 bid and ask
Thanks.
Everyone can see the chart, but only a few can actually read it.
  • #49,031
  • Edited Dec 21, 2019 7:37am Dec 20, 2019 4:47pm | Edited Dec 21, 2019 7:37am
Quoting gatorinla
{quote} it tested 1066, but the true number will be lower. maybe 1064 or 1063.. these will be close. a close today below the number, would likely be bearish.
week support ending up at 1065.8, pa closed above some. So a bounce to the lower 1104 ish area wouldn't be out of bounds. second line 1119, third 1132 (chart). Bears would like the to continue to close below 1102 on the day, and need the week below 1065.8. The day closing below 1065.8 would be a start. Eventually reaching 1028x/29. With pa range the last 6 months as a indicator. It could take a few days.

Since the week didnt close below 1065, pa may be somewhat bullish. I will not be automatically be ready to short. I have red shorts. So if it falls, they will be in better shape. But I would be more cautious on adding new shorts, until it bounces. Or at least pa makes a run below 1065. 1065 may become R with some days and eventually a week close below.

What sucks is, the last run made a higher low on the week. It also made the inside higher high. Bears need to break 0980. Bulls on the other hand may make a run from 1028/29 till 0980. A bounce off 1028/0980 is one to be aware of, if 1199 is broken.

Quoting gatorinla
{quote} week support ending up at 1065.8, pa closed above some. So a bounce to the lower 1104 ish area wouldn't be out of bounds. second line 1119, third 1132 (chart). Bears would like the to continue to close below 1102 on the day, and need the week below 1065.8. The day closing below 1065.8 would be a start. Eventually reaching 1028x/29. With pa range the last 6 months as a indicator. It could take a few days. Since the week didnt close below 1065, pa may be somewhat bullish. I will not be automatically be ready to short. I have red shorts. So...
"What sucks is, the last run made a higher low on the week. It also made the inside higher high. Bears need to break 0980. Bulls on the other hand may make a run from 1028/29 till 0980."

Bulls may be setting up an ambush 1028/29, and may not allow -0980. If they manage to take out the 200 day ema, 1211. They will likely trying to set up 1.14xx.. This is my "oh shit" scenario. Bears need to do their job.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 26 KB
those who can, do. those who cant, talk about those who can
  • #49,032
  • Edited Dec 21, 2019 5:25am Dec 20, 2019 11:04pm | Edited Dec 21, 2019 5:25am
Quoting gatorinla
{quote} week support ending up at 1065.8, pa closed above some. So a bounce to the lower 1104 ish area wouldn't be out of bounds. second line 1119, third 1132 (chart). Bears would like the to continue to close below 1102 on the day, and need the week below 1065.8. The day closing below 1065.8 would be a start. Eventually reaching 1028x/29. With pa range the last 6 months as a indicator. It could take a few days. Since the week didnt close below 1065, pa may be somewhat bullish. I will not be automatically be ready to short. I have red shorts. So...
That is the 200sma on my chart. See that nice stall and bounce there. I bought for a bounce to resell again at 1100 (or 11xx) if possible. How high do you see it bouncing, being that price closed above 1069?

Looking again, if the chart is showing a bigger HS pattern, then God help bulls. That 110x will throw price all the way down to 1000 to take out all the stops.
Attached Image (click to enlarge)
Click to Enlarge Name: download.png Size: 34 KB
  • #49,033
  • Dec 22, 2019 6:56am Dec 22, 2019 6:56am
Quoting Lenova
{quote} Ha! giiirl! we got more than what we bargained for. I got out at high 20s. (daily pivot) Next week will decide if this is X2 or the start of C wave down on the daily. reason being if Daily closes below 1.1175 then B wave is a 1:1. For now I am out with few shekels. Thanks again Boulder and everybody on this thread. and Gator...keep those funky youtubes coming!

And so it is! a C wave.
I have two major levels for a rebound 1.1000 and 1.0940.
either way, helluva lots of pips to be had. Short is the word!

Y'all enjoy the holidays
  • #49,034
  • Dec 22, 2019 10:38am Dec 22, 2019 10:38am
Quoting Mitiblotch
{quote} That is the 200sma on my chart. See that nice stall and bounce there. I bought for a bounce to resell again at 1100 (or 11xx) if possible. How high do you see it bouncing, being that price closed above 1069? Looking again, if the chart is showing a bigger HS pattern, then God help bulls. That 110x will throw price all the way down to 1000 to take out all the stops. {image}
A bounce off 106x to 110x has decent probability. Since the week didnt get the -1065 close. With a thin market week coming, pa may have other thoughts. I think 1028/29 will come.

1065 being so close to Fridays close, a open below 1065 is about the same.
those who can, do. those who cant, talk about those who can
  • #49,035
  • Dec 22, 2019 9:05pm Dec 22, 2019 9:05pm
Quoting gatorinla
{quote} A bounce off 106x to 110x has decent probability. Since the week didnt get the -1065 close. With a thin market week coming, pa may have other thoughts. I think 1028/29 will come. 1065 being so close to Fridays close, a open below 1065 is about the same.
if it breaks 1065 we are heading to 1028/1029. it may have other plans as well and just rebound. with chf being so strong it maybe close to bottoming out as well
  • #49,036
  • Dec 23, 2019 3:28am Dec 23, 2019 3:28am
ea is hitting LL's .. The au is into weekly R, I think it will pop with China news/deal. But atm it may retrace some to allow a better L entry atm .693x.. I set a grid to catch some retrace longs. Ea may rise some too, but bears are bad azz looking atm..
those who can, do. those who cant, talk about those who can
  • #49,037
  • Dec 23, 2019 3:34am Dec 23, 2019 3:34am
Quoting gatorinla
ea is hitting LL's .. The au is into weekly R, I think it will pop with China news/deal. But atm it may retrace some to allow a better L entry atm .693x.. I set a grid to catch some retrace longs. Ea may rise some too, but bears are bad azz looking atm..
Any definite time we are expecting US-China news/deal?
  • #49,038
  • Dec 23, 2019 3:51am Dec 23, 2019 3:51am
Quoting Mitiblotch
{quote} Any definite time we are expecting US-China news/deal?
no,, this is aud getting stronger since the bs deal a week back. aud will rise on that news for a long time. its testing the day 200..6900/603x is a strong place. It should break eventually, unless deal is off.. I figured it may retrace to allow a long. The china deal was minor stuff, the major stuff is not settled. One tweet could throw aud back down. But with the impeachment news, and election. He may stay away from tweeting about tariffs. No news will help aud is my guess. He may not tweet about tariffs and china for a while. Market will have the bs of a deal..
those who can, do. those who cant, talk about those who can
  • #49,039
  • Dec 23, 2019 3:54am Dec 23, 2019 3:54am
yeah.. im waiting till it goes to my buy zone 1.59759-1.58520 zone.
  • #49,040
  • Dec 23, 2019 4:03am Dec 23, 2019 4:03am
Quoting gatorinla
{quote} no,, this is aud getting stronger since the bs deal a week back. aud will rise on that news for a long time. its testing the day 200..6900/603x is a strong place. It should break eventually, unless deal is off.. I figured it may retrace to allow a long. The china deal was minor stuff, the major stuff is not settled. One tweet could throw aud back down. But with the impeachment news, and election. He may stay away from tweeting about tariffs. No news will help aud is my guess. He may not tweet about tariffs and china for a while. Market will...
it may not retrace, damned if you do, damned if u dont. That's why i grid a little.
those who can, do. those who cant, talk about those who can
57 traders viewing now