The Swamp | Page 2503 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #50,041
  • Jan 19, 2020 6:26am Jan 19, 2020 6:26am
Quoting longshot_nl
{quote} I think i'll try these breakout trades in direction of the trend for a week. 10 pips stop, 10 pips target each time. Playing the odds. If it works i have a new skill. {image}
I'm pretty confident it will fall more, with a day close below 1057. Bearish toward those supports to beat. Those swaps add up .. Those big banks dont leverage like us traders do. Their margins betting against the interest, may not be as bad as ours. Its still a big deal for them. The shock to the Fed Repo may be averaging out. I posted that bond chart with the potential double bottom last week. Still a lot of potential chop.
those who can, do. those who cant, talk about those who can
  • #50,042
  • Jan 19, 2020 1:46pm Jan 19, 2020 1:46pm
Quoting gatorinla
{quote} I'm pretty confident it will fall more, with a day close below 1057. Bearish toward those supports to beat. Those swaps add up .. Those big banks dont leverage like us traders do. Their margins betting against the interest, may not be as bad as ours. Its still a big deal for them. The shock to the Fed Repo may be averaging out. I posted that bond chart with the potential double bottom last week. Still a lot of potential chop.
You saying that is a better indicator then any chart of mine.
If the fundies where more bullish it might have worked.
p.s. will be back this time tomorrow.
  • #50,043
  • Jan 19, 2020 3:46pm Jan 19, 2020 3:46pm
Quoting longshot_nl
{quote} You saying that is a better indicator then any chart of mine. If the fundies where more bullish it might have worked. p.s. will be back this time tomorrow.
if it closes below 1057, I think it will test 103x or less. But it may still be able to bounce some. I'm saying the down trend will be stronger with a day close below 1057.. 1057 or 1069 and even near the current pa is bouncible. Once a day is closed below 1057 the bounce chances will diminish to a few degrees. The odds of a meaningful bounce will decrease. No 100% certainties. Just more probilities. Other indicators will be bearish. Still need to beat the (0980) higher low made before 1238. Before considering 0878. One step at a time.
those who can, do. those who cant, talk about those who can
  • #50,044
  • Jan 19, 2020 7:40pm Jan 19, 2020 7:40pm
Add GJ short limit 143.36, same targets as before, 124 and below. Take some EU profits, look to resell at 1.1115 if DXY tests 97.5. US10Y looking to coil into a drop on the daily. Wonder what Powell will say next week. Maybe tomorrow will be interesting because of Virginia rally even with MLK holiday. Gotta get me a gun before 2021 I think lol.
  • #50,045
  • Jan 19, 2020 11:27pm Jan 19, 2020 11:27pm
morning all

have a great, profitable trading week.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #50,046
  • Jan 20, 2020 12:36am Jan 20, 2020 12:36am
10
Attached Image
A good trader follows his rules, but great trader knows when to break them
  • #50,047
  • Jan 20, 2020 2:57am Jan 20, 2020 2:57am
From Newsqawk.., EurUsd 1.1090 atm
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 44 KB
  • #50,048
  • Jan 20, 2020 3:06am Jan 20, 2020 3:06am
Dollar 97.72.. at 200 DMA atm
  • #50,049
  • Jan 20, 2020 3:59am Jan 20, 2020 3:59am
Quoting gatorinla
{quote} zooming in a little deeper.. A possible ihs on the usdx (light blue line).. hs is not my favorite eu pattern.. it may need to retest it as support. Still the red upper tl is still R. Bulls need to break. it may re-test the blue before or after, any break in the red. Needless to say, w/o a redline break it would drop.. {image}
test in progress.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 44 KB
those who can, do. those who cant, talk about those who can
  • #50,050
  • Jan 20, 2020 4:02am Jan 20, 2020 4:02am
Quoting gatorinla
{quote} test in progress. {image}
4h/12h just closed above redline
those who can, do. those who cant, talk about those who can
  • #50,051
  • Jan 20, 2020 4:05am Jan 20, 2020 4:05am
eu was above the HS yellow earlier.. the 4/h-12h closed below the line.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 50 KB
those who can, do. those who cant, talk about those who can
  • #50,052
  • Jan 20, 2020 4:24am Jan 20, 2020 4:24am
if this is a flagpole on the usdx.. the 2X target is 98.03 ish..(blue box X2) The ihs target is Ihs X 2.. larger than the blue box X target, 98.80
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
  • #50,053
  • Jan 20, 2020 4:32am Jan 20, 2020 4:32am
wait for EU TPs 110.70s... with US banks close for holiday today...not sure it will happen...
  • #50,054
  • Jan 20, 2020 4:32am Jan 20, 2020 4:32am
Quoting gatorinla
if this is a flagpole on the usdx.. the 2X target is 98.03 ish..(blue box X2) The ihs target is Ihs X 2.. larger than the blue box X target, 98.80 {image}
98.80
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 44 KB
those who can, do. those who cant, talk about those who can
  • #50,055
  • Jan 20, 2020 4:40am Jan 20, 2020 4:40am
Quoting gatorinla
Looking to short e/gbp.. 8530/51.. scared of the news tomorrow, entry will be tilted to 8551.
thanks for that one bro....owe you a beer
Look Sharp/Trade Tight
  • #50,056
  • Jan 20, 2020 4:51am Jan 20, 2020 4:51am
Quoting PayTheLimit
{quote} thanks for that one bro....owe you a beer
those who can, do. those who cant, talk about those who can
  • #50,057
  • Jan 20, 2020 4:52am Jan 20, 2020 4:52am
not much to do this morning but wait...

Inserted Video
  • #50,058
  • Jan 20, 2020 5:03am Jan 20, 2020 5:03am
Quoting gatorinla
{quote} doing some tweaking..will restart next week. ..up about 1.24% (about 15 hours).. low drawdown. stressing with volatile trades.. eur/aud aud/jpy and several others..next week I will try to crash it again.. {image}
I didnt restart.. atm up 4.5% on a 10 k account. not so bad. Drawdown is minimal. Trades are tiny .01 lot. Using a gamblers formula. A good gambler makes 3-5%. With about 28 h of testing.. up about 70% comparable. Using stressing pairs.
Inserted Video
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 82 KB
those who can, do. those who cant, talk about those who can
  • #50,059
  • Jan 20, 2020 5:29am Jan 20, 2020 5:29am
Quoting gatorinla
{quote} I didnt restart.. atm up 4.5% on a 10 k account. not so bad. Drawdown is minimal. Trades are tiny .01 lot. Using a gamblers formula. A good gambler makes 3-5%. With about 28 h of testing.. up about 70% comparable. Using stressing pairs. https://www.youtube.com/watch?v=ZTpEoqVJyDk {image}
keep it up;
  • #50,060
  • Jan 20, 2020 5:40am Jan 20, 2020 5:40am
Quoting Boulder
{quote} keep it up;
trying too..
Inserted Video
those who can, do. those who cant, talk about those who can
30 traders viewing now