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The Swamp

  • #50,521
  • Jan 28, 2020 5:34pm Jan 28, 2020 5:34pm
Quoting Boulder
EurUsd H1 downtrend stop 1.1022.8 at bid..80% chance bulls may reverse H1 to uptrend.. 40 mins to go...in case H1 turns into uptrend, besides reloading shorts, I will start to long some as well for the ride...
1035 indicates 1072.
I dont like that becausei the channel would be broken.
Also the bat would be invalidated.
I am thinking sideways action tomorrow about 40 pip range.
The day after channel pushing it down.
  • #50,522
  • Jan 28, 2020 6:23pm Jan 28, 2020 6:23pm
Quoting longshot_nl
{quote} 1035 indicates 1072. I dont like that becausei the channel would be broken. Also the bat would be invalidated. I am thinking sideways action tomorrow about 40 pip range. The day after channel pushing it down.
H1 downtrend still hold...if H1 reverses to uptrend, it will be range trade for me too till bulls can reverse H4 downtrend, atm H4 stop 1052 ..32 pips away ..if bulls can reverse 4H trend.. I definitely have to join bulls for the ride up.... I may hold off the longs for now till FOMC tomorrow... thanks
  • #50,523
  • Jan 28, 2020 6:38pm Jan 28, 2020 6:38pm
I started AudChf longs ..at 0.6582
  • #50,524
  • Jan 28, 2020 7:23pm Jan 28, 2020 7:23pm
Quoting gatorinla
{quote} once pa left the influence on the month supports.. the 5min took over since. {image}
5min finally slipped in this consolidation.. the lc week at 1026.8 stopped bulls atm.. it and the 15min sit at 1026. i will post 15min next.
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those who can, do. those who cant, talk about those who can
  • #50,525
  • Jan 28, 2020 7:25pm Jan 28, 2020 7:25pm
Quoting gatorinla
{quote} 5min finally slipped in this consolidation.. the lc week at 1026.8 stopped bulls atm.. it and the 15min sit at 1026. i will post 15min next. {image}
15min
Attached Image (click to enlarge)
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those who can, do. those who cant, talk about those who can
  • #50,526
  • Jan 28, 2020 7:27pm Jan 28, 2020 7:27pm
1h sits at 1072.. the month R at 1069.. 30 min 1045.. next rung in month support 0962. month support/resistance expires feb 1
those who can, do. those who cant, talk about those who can
  • #50,527
  • Jan 28, 2020 7:42pm Jan 28, 2020 7:42pm
Quoting Boulder
{quote} for me, I have cashed out probably 95% EurUsd short positions ... ..see sell closed positions in color red ... I am glad EurUsd can bounce some so I can reload positions {image}
100% agree, I am short as hell starting @ 1.2500 which has proven awesome major resist, also proving to be the head top oh a H&S the 1 1810 seems to be holding as the right shoulder, and presently the H&S neckline is still intact aka east/southeast, in reality this move seems to be going on forever, summary eu is in strong down trend, but with this continuing south /southeast trend with falling neckline holding I personally see the obvious sell time and obvious long time, all in anticipation of the neckline break and continuing of the eu self implosion aka eu is toast, I focus on daily and weekly tf,s summary presently there is crystal clear falling channel obvious resist with neckline obvious support, trade the channel until it fails south or north, presently 1 1000 is mid of this falling channel, for me good for lower tf longing, but higher tf mid is average and i do not expect it to hold, 1 1220 has also proving as the head top of another H&S in this falling channel 1 1019 has break of neckline hence the 3 strong bear candles (daily) with the bounce from support 1 1000 yesterday, (weekly) since the H&S 4 strong bear candles this week still in play if 1 1000 does not hold this week could print another bear candle, time will tell ?
If you are new to Forex? Say Goodbye to your account!!
  • #50,528
  • Jan 28, 2020 8:11pm Jan 28, 2020 8:11pm
Quoting KiwiTrada
{quote} gold has been much easier sell and gj gu 4hr dojis have played awesome, even swiss longs has played true, but eu has deffinitely not, sell eu and going to add more and keep adding, nek minute she bounce hard, nek minute cashing in green pip, is BS, all them sell eu would be red as hell by now,??
Gold still falling like rock since it dropped through falling channel, swissy still climbing towards to of rising channel uj just closed weekend gap, gj gap still open, 142 00 inplay UC 1 3200 inplay after previous daily high held yesterday, au weekly reacting with weekly rising channel bottom, NU reacting to monthly falling tl, daily has printed H&S 6700 head top 6660 right shoulder with neckline break within weekend gap, (still open) but not counting on filling anytime soon, 6520 previous daily low in play also printed a doji, again I would not trust this doji, everything is saying she could b ounce to close gap, not me, higher tfs saying kiwi in for a spanking :-( if doji fail 6500 should come into play then further down 6400 6300 even 6200 previous weekly low, exciting times ahead, most for bears, but bulls could clip a few boobles aswell, prefer bears
If you are new to Forex? Say Goodbye to your account!!
  • #50,529
  • Jan 28, 2020 9:14pm Jan 28, 2020 9:14pm
Quoting Boulder
I started AudChf longs ..at 0.6582
pretty happy so far....Audchf is on the right track.....same as Usdchf..... ..
  • #50,530
  • Jan 28, 2020 9:36pm Jan 28, 2020 9:36pm
Quoting gatorinla
{quote} 9160 could be a target. {image}
8830ish is a deeper target..
those who can, do. those who cant, talk about those who can
  • #50,531
  • Jan 28, 2020 9:39pm Jan 28, 2020 9:39pm
Quoting KiwiTrada
{quote} Gold still falling like rock since it dropped through falling channel, swissy still climbing towards to of rising channel uj just closed weekend gap, gj gap still open, 142 00 inplay UC 1 3200 inplay after previous daily high held yesterday, au weekly reacting with weekly rising channel bottom, NU reacting to monthly falling tl, daily has printed H&S 6700 head top 6660 right shoulder with neckline break within weekend gap, (still open) but not counting on filling anytime soon, 6520 previous daily low in play also printed a doji, again I...
1440 gold looks like its coming..
those who can, do. those who cant, talk about those who can
  • #50,532
  • Jan 28, 2020 10:25pm Jan 28, 2020 10:25pm
wonder if USDCHF can bust a move toward 98 now...seems kinda bid this morning..
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Look Sharp/Trade Tight
  • #50,533
  • Jan 28, 2020 11:28pm Jan 28, 2020 11:28pm
Amazingly the weekly and monthly also work.
Learned something new.
I will be gone today, good luck.


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  • #50,534
  • Jan 29, 2020 3:05am Jan 29, 2020 3:05am
Quoting PayTheLimit
wonder if USDCHF can bust a move toward 98 now...seems kinda bid this morning.. {image}
she is @ brick wall at the moment, she has pierce daily high but around this level looking left has proven pretty good resistance since mid december, only real push through 10th jan got smacked back down below and printed a doji, so only othe candle to print above was wick! will reconsider if she can take out 9750?
If you are new to Forex? Say Goodbye to your account!!
  • #50,535
  • Jan 29, 2020 3:13am Jan 29, 2020 3:13am
Just woke up... see my yesterday Eur shorts all cashed out +46
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  • #50,536
  • Jan 29, 2020 3:13am Jan 29, 2020 3:13am
I've added some short scalps at .97415 but core longs are remaining for the run up
I play the trade gamble to feed my Porsche addiction.
  • #50,537
  • Jan 29, 2020 3:15am Jan 29, 2020 3:15am
Morning all

I've increased the long and EU long USD/CAD long Gold

Shorting again SPX or ESF

Short also CAC40 - intresting play here. probably will not hold it to look use to trade this one years ago
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #50,538
  • Jan 29, 2020 3:16am Jan 29, 2020 3:16am
Quoting gatorinla
{quote} 1440 gold looks like its coming..
with all the QE in Europe, US, trilion dollar deficit, all the money printing like crazy on 10 year of super growth. so what happens on a slowdown


MY bet is that we will see 2000 before the year end
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #50,539
  • Jan 29, 2020 3:18am Jan 29, 2020 3:18am
Quoting gatorinla
{quote} 1440 gold looks like its coming..
that would be awsome, but much work to do, china situation could be the catalyst, right now she has fallen through bottom of falling channel 4hr, retesting as I type, not the best or even average indication, would prefer dropping through a rising channel, but maybe that big doji beginning of January could hint she was overextended, if so yup she may be due for a major pull back weekly / monthly, time will tell I am tempted to add a short with the present retest right now, not so much as power trade, but if she is going to drop hard, Im guessing another entry around here could prove handy say in 1 or 2 months of dropping, tough call considering need 4hr to even see the falling channel daily weekly and monthly it is invisible, however on monthy she is through top of rising channel that includes a couple of monthly part candle bodies, this monthly aswell but still in play ,I would be much more comfortable if/once she has re-entered that channel , which is approx @ this months open, then I will consider shorting a lot harder
If you are new to Forex? Say Goodbye to your account!!
  • #50,540
  • Jan 29, 2020 3:19am Jan 29, 2020 3:19am
Quoting gatorinla
{quote} it could hurt them some.. https://www.chinadaily.com.cn/a/2019...e35566e17.html
yeah but now most of the countries are closing borders with china or restricts flights

not sure about corona but - i think it's something different. look at the q4 results on europe banks.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
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