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The Swamp

  • #51,541
  • Feb 12, 2020 4:27am Feb 12, 2020 4:27am
Quoting KiwiTrada
{quote} moving sl to BE for now!!
I have been shorting since the assasination. It is tough nut to crack.
  • #51,542
  • Feb 12, 2020 4:31am Feb 12, 2020 4:31am
Quoting DMA Trader
{quote} still long and you want a breakout ? 143 and 1.3 are big R - i am short on GJ not yet on GU
for me longs are counter trades, I am short gu 1 3500 and gj 147 00 I have been trying to keep adding on bounces, but they have both been trading east, makes it very difficult, but I believe there is more downside than upside opportunity daily weekly and monthly both levels I am trying to defend are psych levels and I like psych higher time frames on these two
If you are new to Forex? Say Goodbye to your account!!
  • #51,543
  • Feb 12, 2020 4:45am Feb 12, 2020 4:45am
Quoting swaps
{quote} I have been shorting since the assasination. It is tough nut to crack.
when you consider you are defending monthly high 5 jan 2013 1597 26 just prior to 2014 GFC that big scallop shell is the result of that GFC, just need to be wary of cup handle forming on monthly ((will take 6 or 7 months min ) no cup handle and shorts will be good
If you are new to Forex? Say Goodbye to your account!!
  • #51,544
  • Feb 12, 2020 5:02am Feb 12, 2020 5:02am
Quoting KiwiTrada
{quote} when you consider you are defending monthly high 5 jan 2013 1597 26 just prior to 2014 GFC that big scallop shell is the result of that GFC, just need to be wary of cup handle forming on monthly ((will take 6 or 7 months min ) no cup handle and shorts will be good
I am actually looking for the price to go back to the level before the Trump/Iran saga. The virus is messing things up. But no matter, the positive swaps are nice to collect and accumulate.
  • #51,545
  • Feb 12, 2020 5:29am Feb 12, 2020 5:29am
Quoting swaps
{quote} I am actually looking for the price to go back to the level before the Trump/Iran saga. The virus is messing things up. But no matter, the positive swaps are nice to collect and accumulate.
Im happy with Mondays doji:-) every thing else means nothing I live in virtual isolation, I only travel to civilization to trade weekly monthly opportunities then I will be back in the bush until next time
If you are new to Forex? Say Goodbye to your account!!
  • #51,546
  • Feb 12, 2020 5:45am Feb 12, 2020 5:45am
from Newsqawk...EurUsd 1.0912 atm
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  • #51,547
  • Feb 12, 2020 5:55am Feb 12, 2020 5:55am
Quoting PayTheLimit
{quote} What's the downside? How would it do in 2008?
it would do better in a non-trending market. Its a mud hog, it likes to be stuck.
those who can, do. those who cant, talk about those who can
  • #51,548
  • Feb 12, 2020 5:57am Feb 12, 2020 5:57am
Quoting gatorinla
{quote} it would do better in a non-trending market. Its a mud hog, it likes to be stuck.
Maybe give it a go on CADCHF.
  • #51,549
  • Feb 12, 2020 6:00am Feb 12, 2020 6:00am
Quoting KiwiTrada
{quote} Im happy with Mondays doji:-) every thing else means nothing I live in virtual isolation, I only travel to civilization to trade weekly monthly opportunities then I will be back in the bush until next time
i will like a daily close today sub 142.5
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #51,550
  • Feb 12, 2020 6:02am Feb 12, 2020 6:02am
Quoting DMA Trader
{quote} Short Again 916
tp is at 906 will go long today below 900 if any chance

don't have any other ideas for EU
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #51,551
  • Edited 6:28am Feb 12, 2020 6:11am | Edited 6:28am
Quoting DMA Trader
{quote} tp is at 906 will go long today below 900 if any chance don't have any other ideas for EU
I am beginning to think that N.Y. may dump it. Daily pivot is 0912, price can barely stay above it. Yesterday 0925 rejected, today same thing. Like Gator has been saying, it is possible that yesterday's green candle is fake. If this closes an hour below 0912 (option expiries seem to be around 0900-10) then price may sink further.
  • #51,552
  • Feb 12, 2020 6:18am Feb 12, 2020 6:18am
from datapoints.. if M30 gives up 1.0906, I will short... If H1 gives up 1.1024, I will keep my longs...
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  • #51,553
  • Edited 6:36am Feb 12, 2020 6:23am | Edited 6:36am
Quoting PayTheLimit
{quote} What's the downside? How would it do in 2008?
It took 57 trades to get positive equity. Its dumb as a rock. She is not pretty. But makes up for it in effort. I will kick the tires for a while. I'm less greedy than most Nigerian Princesses. If I can squeeze 1 percent a week testing, that's great. I can always turn it up or down. Once I find her sweet spot, most of the next 57 trades + should give up more booty %. ATm 4-5k looks to be spent just to get her warmed up. I'm just using 1 lot to test.
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those who can, do. those who cant, talk about those who can
  • #51,554
  • Feb 12, 2020 6:46am Feb 12, 2020 6:46am
Quoting gatorinla
{quote} It took 57 trades to get positive equity. Its dumb as a rock. She is not pretty. But makes up for it in effort. I will kick the tires for a while. I'm less greedy than most Nigerian Princesses. If I can squeeze 1 percent a week testing, that's great. I can always turn it up or down. Once I find her sweet spot, most of the next 57 trades + should give up more booty %. ATm 4-5k looks to be spent just to get her warmed up. I'm just using 1 lot to test. {image}
since trade # 57 was up 74$. I'm only targeting 6 pips. Each successful trade average 60ish$ +- a few. Once the sweet spot is found. The % of equity per trade should increase. Is my theory. The sweet spot can vary day to day. .
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those who can, do. those who cant, talk about those who can
  • #51,555
  • Feb 12, 2020 6:52am Feb 12, 2020 6:52am
Quoting Boulder
from datapoints.. if M30 gives up 1.0906, I will short... If H1 gives up 1.1024, I will keep my longs... {image}
I like the clean image. Please share whenever you can.
  • #51,556
  • Feb 12, 2020 7:23am Feb 12, 2020 7:23am
a glimmer of hope.
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those who can, do. those who cant, talk about those who can
  • #51,557
  • Feb 12, 2020 7:54am Feb 12, 2020 7:54am
Quoting Lenova
If price wants to play nice, it should come down from here (daily pivot is the high for today) or from 1.0933ish hoping to get an encore of on the nose entry at 1.10920. (I shorted today's daily pivot too). GL y'all!

So if we go down from here I will tp partially at 1.0884

If it goes up, I have entry orders at 1.0930/35/45 same TP

afterwards, another 20 to 30 pips retracement and we should head down to 1.0845

Let's see if market continues to play nice.
  • #51,558
  • Feb 12, 2020 8:03am Feb 12, 2020 8:03am
M30 reversed to downtrend.. I shorted EU 1.0908
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  • #51,559
  • Feb 12, 2020 8:06am Feb 12, 2020 8:06am
Grr, took a big loss on a short hedge in Swiss, frustrating but didn't wanna keep a hold of shorts down there with Swiss with my long bias and parity in sites.
I play the trade gamble to feed my Porsche addiction.
  • #51,560
  • Feb 12, 2020 8:27am Feb 12, 2020 8:27am
Quoting gatorinla
{quote} since trade # 57 was up 74$. I'm only targeting 6 pips. Each successful trade average 60ish$ +- a few. Once the sweet spot is found. The % of equity per trade should increase. Is my theory. The sweet spot can vary day to day. . {image}
my equity is rising finally. The negative is the inventory. open after ny close, and close before ny to avoid swap. set a goal on equity, tp and close all. Flat to start again the next day. I'm going to let this one run a while w/o stopping or touching.
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those who can, do. those who cant, talk about those who can
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