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The Swamp

  • #53,601
  • Mar 5, 2020 12:15am Mar 5, 2020 12:15am
Quoting Boulder
FYI Who will cut interest rates next? {image}
Like the way ING is explaining every time, used to follow them closely but they are usually wrong

What is interesting is that after Longest expansion ever we are near negative rates
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,602
  • Mar 5, 2020 12:35am Mar 5, 2020 12:35am
Quoting Mitiblotch
{quote} I just looked at the chart. Oh boy! Serious accumulation going on already. That thing can shoot up hard. Long here 138.20. SL 200 TP at least 200. When is the BOE rates decision?
near 138 could be a good long entry for 1H or 4H
but Daily is not with us yet so i would favor adding on drops

136/137 - just building the position until it takes above 140 - no need to rush - since daily weekly or M is damaged. going back fast to 140 i would probably take profits or even short
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,603
  • Mar 5, 2020 12:38am Mar 5, 2020 12:38am
Quoting DMA Trader
{quote} near 138 could be a good long entry for 1H or 4H but Daily is not with us yet so i would favor adding on drops 136/137 - just building the position until it takes above 140 - no need to rush - since daily weekly or M is damaged. going back fast to 140 i would probably take profits or even short
Thanks for calling my attention. I do appreciate it. I didn't see the rise to 138.58 last night. It appears BoE is on the 26th of March. So maybe no cuts till then? I will buy on drops.
  • #53,604
  • Mar 5, 2020 12:53am Mar 5, 2020 12:53am
Sell EN 7656.
SL 300 pips
TP 456 pips.

Will hold for some days.
  • #53,605
  • Mar 5, 2020 12:58am Mar 5, 2020 12:58am
Quoting Pip-loser
{quote} First Filled Order: 160,000 Units At 1.1130 Second Filled Order: 50,000 Units At 1.1110 Third Filled Order: 170,000 Units At 1.1181 *Fourth Pre-Set Eur/Usd Order Not Yet Filled "With Caution": Sell 40,000 units Eur/Usd At 1.1090 If Price Do Not Break 1.1100 Support And Hold Below It, I Will Be Dumping All Trades And Pre-Set Sell Orders And Will Buy The Eur/Usd For A Move Higher. If Price Does Break Below 1.1100 Support And Hold Below It My Take Profit Target Is Set Now To 1.1050 For All Sell Orders The Market Now Say CAUTION Thank You Boulder...
Alert Set At 1.1055
Take Profit Set At 1.1050
WMA 150 Is At 1.1045
0.382 Fib Retracement Is At 1.1046 (This May Happen So I Sell With Caution To 1.1050 Level)
1.1100 Support Needs To Break, If Not I Close Sells And Buy, Watching For Break of 1.1100
Downward Sloping White Trend Line Acting As Support
Ema 20 And Ema 40 Have Both Crossed - Signify Long Term Bullish Extension
If Price Gets To 1.1050 Will Attempt An Aggressive Buy At That Level With Caution


I Will Change From Pip-loser To Pip-Winner For 2020
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  • #53,606
  • Mar 5, 2020 1:42am Mar 5, 2020 1:42am
short 1.1136
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,607
  • Mar 5, 2020 1:51am Mar 5, 2020 1:51am
Quoting DMA Trader
short 1.1136
H&S 1H EU ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,608
  • Mar 5, 2020 1:55am Mar 5, 2020 1:55am
Maybe 1.1100 Has A Sustained Break
This Maybe The Test
Caution At 1.1100
Cancelled Membership, Accused By FF Member(i'll Be Back) of Being A Con Man
  • #53,609
  • Mar 5, 2020 1:56am Mar 5, 2020 1:56am
Quoting DMA Trader
short 1.1136

+10
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,610
  • Mar 5, 2020 2:01am Mar 5, 2020 2:01am
Quoting DMA Trader
{quote} +10
Your Kung Fu Is Strong

Congratulations
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  • #53,611
  • Mar 5, 2020 2:02am Mar 5, 2020 2:02am
Quoting DMA Trader
{quote} +10
Short 1.1126
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,612
  • Mar 5, 2020 2:05am Mar 5, 2020 2:05am
Quoting Pip-loser
{quote} Alert Set At 1.1055 Take Profit Set At 1.1050 WMA 150 Is At 1.1045 0.382 Fib Retracement Is At 1.1046 (This May Happen So I Sell With Caution To 1.1050 Level) 1.1100 Support Needs To Break, If Not I Close Sells And Buy, Watching For Break of 1.1100 Downward Sloping White Trend Line Acting As Support Ema 20 And Ema 40 Have Both Crossed - Signify Long Term Bullish Extension If Price Gets To 1.1050 Will Attempt An Aggressive Buy At That Level With Caution I Will Change From Pip-loser To Pip-Winner For 2020 {image}
Price Is Currently Testing White Long Term Downward Sloping Trending Which Is Acting As Support
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  • #53,613
  • Mar 5, 2020 2:22am Mar 5, 2020 2:22am
Quoting Pip-loser
{quote} Price Is Currently Testing White Long Term Downward Sloping Trending Which Is Acting As Support {image}
Here It Is On The H1 Chart.
White Line Is Long Term Downward Sloping Trend Line Acting As Support
Upward Sloping Brown Line is WMA 150 Acting Also As Support At 1.11280
Look At How Many Times Price Action Has Been Testing The White Downward Sloping Long Term Trend Line.
Its The Second Time Price Action Has Tested The Upward Sloping WMA 150 Brown Line And Bounce OfF Of It
Note That Current Candle is Still Above While Line And Brown Line.
We Need A Close Below White Line And Brown Line For Fall To Continue To 1.1100 And If It Can Close Below It Great. It Not, Bulls Are In Charge Still.

Note: None of The Candles Have Closed Below 1.1100
We Need A Convincing Close Below 1.1100
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  • #53,614
  • Mar 5, 2020 2:27am Mar 5, 2020 2:27am
Long Gold 1640
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,615
  • Mar 5, 2020 2:34am Mar 5, 2020 2:34am
Quoting Pip-loser
{quote} Here It Is On The H1 Chart. White Line Is Long Term Downward Sloping Trend Line Acting As Support Upward Sloping Brown Line is WMA 150 Acting Also As Support At 1.11280 Look At How Many Times Price Action Has Been Testing The White Downward Sloping Long Term Trend Line. Its The Second Time Price Action Has Tested The Upward Sloping WMA 150 Brown Line And Bounce OfF Of It Note That Current Candle is Still Above While Line And Brown Line. We Need A Close Below White Line And Brown Line For Fall To Continue To 1.1100 And If It Can Close Below...
Price Is Below Brown Line Now And Heading For White Line.
Up And Down Bulls And Bears Fighting.
Bears Are Winning But Bulls Are Trying, That Why I Say Caution
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  • #53,616
  • Mar 5, 2020 3:03am Mar 5, 2020 3:03am
Quoting DMA Trader
{quote} Short 1.1126
SPX is going down on bad results by Europe Companies. i.e. Continental
bad decission to close the short.

Gold should help if it breaks R on 1H

EU still going the opposite of SPX (just close below my level so shorts confirmed for now.) .
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,617
  • Mar 5, 2020 3:06am Mar 5, 2020 3:06am
Quoting Pip-loser
{quote} Price Is Below Brown Line Now And Heading For White Line. Up And Down Bulls And Bears Fighting. Bears Are Winning But Bulls Are Trying, That Why I Say Caution {image}
See Bulls And Bears Fighting
Price Action Bounced Off Upward Sloping Line WMA 150

Support Seems To Be Holding, Hence Caution
Its Anybody's Game

We Would Like To Se A Retrace To 1.1050 But We Have Those Three Hurdles Down To Get Passed First Below.
1. WMA 150 Upward Sloping Line
2. White Long Term Downward Sloping Line
3. Convincing Close Below 1.1100

If We Don't Get Past Those Three Hurdles Listed Above, Bulls Are Still In Control And 1.1215 Will Be Tested

Caution For Bears Are In Effect

I Am Still Holding My Eur/Usd Short Trades But With Caution

I Have Learnt To Listen To The Chart And Not My Heart. No Biases
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  • #53,618
  • Mar 5, 2020 3:15am Mar 5, 2020 3:15am
Quoting gatorinla
{quote} 5 min so far is holding, need to press below 1115..
pa stuck between 15 min at 1123, and 5 min 1137. Looks like the pre NFP holding pattern. Weekly average move at 1095. NFP would need to be very good to close lc tomorrow below 1001.
those who can, do. those who cant, talk about those who can
  • #53,619
  • Mar 5, 2020 3:16am Mar 5, 2020 3:16am
Quoting DMA Trader
{quote} SPX is going down on bad results by Europe Companies. i.e. Continental bad decission to close the short. Gold should help if it breaks R on 1H EU still going the opposite of SPX (just close below my level so shorts confirmed for now.) .
DOW - 400 - H4 support - playing small long
EU is only going up when markets go down since more rate cuts expected.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,620
  • Mar 5, 2020 3:20am Mar 5, 2020 3:20am
Quoting gatorinla
{quote} pa stuck between 15 min at 1123, and 5 min 1137. Looks like the pre NFP holding pattern. Weekly average move at 1095. NFP would need to be very good to close lc tomorrow below 1001.
if 1H closes above 1.114 may get new bulls to buy
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
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