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The Swamp

  • #52,301
  • Feb 21, 2020 12:07pm Feb 21, 2020 12:07pm
;
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  • #52,302
  • Feb 21, 2020 12:52pm Feb 21, 2020 12:52pm
Looks like I’m gonna be holding on to Swiss scalp longs over the weekend
I play the trade gamble to feed my Porsche addiction.
  • #52,303
  • Feb 21, 2020 1:44pm Feb 21, 2020 1:44pm
Quoting gatorinla
{quote} and a coffin? a coffin car? that's rad. https://www.youtube.com/watch?v=pebadc3-ZAA
Can i ask something.
GU 3518 was missed by 4 pips.
Is a setup invalid without it?
  • #52,304
  • Feb 21, 2020 2:30pm Feb 21, 2020 2:30pm
Quoting Boulder
{quote} short EurUsd again 1.0859
closed EurUsd at 1.0853 +6..done ...
Another wonderful week... so glad its Friday..... Have a good weekend...
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  • #52,305
  • Feb 21, 2020 3:14pm Feb 21, 2020 3:14pm
In spite of many down days, Feb 18, 2020 Cot report shows that institutions continued to add more EurUsd shorts than longs for the week
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  • #52,306
  • Feb 21, 2020 3:27pm Feb 21, 2020 3:27pm
Quoting Boulder
{quote} closed EurUsd at 1.0853 +6..done ... Another wonderful week... so glad its Friday..... Have a good weekend... {image}
u 2 Queen of Pips
  • #52,307
  • Feb 21, 2020 4:09pm Feb 21, 2020 4:09pm
Quoting longshot_nl
{quote} Can i ask something. GU 3518 was missed by 4 pips. Is a setup invalid without it?
what was missed? gu is a beast. It can missed more times than eu..eu is more predictable. if that makes sense
those who can, do. those who cant, talk about those who can
  • #52,308
  • Feb 21, 2020 4:11pm Feb 21, 2020 4:11pm
Quoting Boulder
In spite of many down days, Feb 18, 2020 Cot report shows that institutions continued to add more EurUsd shorts than longs for the week {image}
the same here... or hit balls with hammer.
those who can, do. those who cant, talk about those who can
  • #52,309
  • Feb 21, 2020 4:22pm Feb 21, 2020 4:22pm
Quoting mars1
{quote} Tried that before. Works for a while until it bombs out on you. Best is to learn how to do ta and trade using your own method
I think we are on a different page. She is buying a news service, skewed toward currency. Not a signal service for trades.
those who can, do. those who cant, talk about those who can
  • #52,310
  • Feb 21, 2020 4:25pm Feb 21, 2020 4:25pm
Quoting gatorinla
lc week and day closed higher.. indicative of this weeks high to be tested or more (within the next week and day). Some R expected 1.0864.5 (1h) 1h 1.0864.5 4h 1.0994 past support now possible R 1.0880 ish if the current 1h R holds, retrace to 1.0821/30 expected or more. If hell bent on longing 0821/30 is a better spot.. I use the rise to short. I would still rather hit balls with a hammer over long.
in the trend with swap, virus and cot. The high area may have already been reached 0864 area. A lc close below 0787 opens a gate to more drop. minimally 0830 has a date.
those who can, do. those who cant, talk about those who can
  • #52,311
  • Feb 21, 2020 11:07pm Feb 21, 2020 11:07pm
Corona

No new countries reported cases of COVID-19 in the past 24 hours.

Through the International Food Safety Authorities Network (INFOSAN), national food safety authorities are seeking more information on the potential for persistence of SARS-CoV-2, which causes COVID-19, on foods traded internationally as well as the potential role of food in the transmission of the virus. Currently, there are investigations conducted to evaluate the viability and survival time of SARS-CoV-2. As a general rule, the consumption of raw or undercooked animal products should be avoided. Raw meat, raw milk or raw animal organs should be handled with care to avoid crosscontamination with uncooked foods.

Globally 76 769 confirmed (1021 new)

China 75569 confirmed (894 new) 2239 deaths (118 new)
Outside of China 1200 confirmed (127 new) 26 countries 8 deaths
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #52,312
  • Feb 21, 2020 11:07pm Feb 21, 2020 11:07pm
Have a blessed weekend everyone.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #52,313
  • Edited 10:05am Feb 22, 2020 9:23am | Edited 10:05am
Quoting gatorinla
{quote} what was missed? gu is a beast. It can missed more times than eu..eu is more predictable. if that makes sense
Ok thanks.
Long term this pennant.
The yellow one is pointing to the pennant target, nice.
The teal one was missed by 4 pips.
I understand now it can be missed so it doesn't have to come back for a real test.
Sorry for big chart.

edit: if there is a high spread on this moment it may seem to me it is missed. because chart is made up of the bid price. i dont know.

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  • #52,314
  • Feb 22, 2020 10:39am Feb 22, 2020 10:39am
this got missed too.
hoping it comes back.
it has fib confluence now and a reciprocal a bit higher..

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  • #52,315
  • Feb 22, 2020 11:15am Feb 22, 2020 11:15am
this is the alternative scenario, fine too.
many pips either way.

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  • #52,316
  • Feb 22, 2020 12:42pm Feb 22, 2020 12:42pm
just noticed it might set up 3118.
then it has all bear setups except 3209 which can come after 2584.
its going to become a gartley.
  • #52,317
  • Feb 22, 2020 1:43pm Feb 22, 2020 1:43pm
Quoting longshot_nl
the nen star is the reason for this support. at least i know how the projection should be done now. {image}
eu bullish to me. I think this could be it for the bears for a long while.

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  • #52,318
  • Feb 22, 2020 4:04pm Feb 22, 2020 4:04pm
Quoting longshot_nl
{quote} eu bullish to me. I think this could be it for the bears for a long while. {image}
eg same view. it all fits. gu bearish, eu bullish, eg bullish.
eg could be a DB. doesn't have to get below 8276 now
even if below then could bounce from 8129. not much below.
i suspect not because after 5 waves down over a period of 90 some days should be a better correction then we got till now.
Corrections should take longer.

i will narrow the pairs i trade down to those 3.
It takes up too much of my time to figure out more then 3 pairs.
Also quality over quantity.
  • #52,319
  • Feb 22, 2020 6:43pm Feb 22, 2020 6:43pm
since eg is stuck below a TL it might make a bear flag over maybe 20 weeks.
My best guess.
i have eu going up 1200 pips over a year and gu over next year first about 650 down then 840 pips above current level.
gonna calculate tomorrow if it fits pip wise.
i feel i am wrong somewhere.

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  • #52,320
  • Feb 22, 2020 8:22pm Feb 22, 2020 8:22pm
Quoting longshot_nl
this is the alternative scenario, fine too. many pips either way. {image}
corona virus and brexit wise.. I like this one..
those who can, do. those who cant, talk about those who can
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