The Swamp | Page 3101 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #62,001
  • May 1, 2020 2:45pm May 1, 2020 2:45pm
Quoting gatorinla
0872 or 1063 is coming.
1102 ish (1219 doubtful), looks like a hard top, if it gets there. Anywhere now or higher.. But harder R is 1063, and harder 1102 areas. PA may still reach the missed 1037.. The week/day closed higher, so we still may push up next week first.

if the current high holds. a bounce at 0872 may be in the cards next week... to retest high or more... but chances improve, it will be into these above R in this post. If today closes above 0960. The highs and R being challenged looks better.
those who can, do. those who cant, talk about those who can
  • #62,002
  • May 1, 2020 2:46pm May 1, 2020 2:46pm
Don't fall in bull trap just in case.. reading COT just out 15 mins ago.. I see hedge funds closed Eur longs and added Eur shorts this week...which were different from how they did last 5 weeks by adding Eur longs...
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 32 KB
  • #62,003
  • May 1, 2020 2:59pm May 1, 2020 2:59pm
Quoting Boulder
Don't fall in bull trap just in case.. reading COT just out 15 mins ago.. I see hedge funds closed Eur longs and added Eur shorts this week...which were different from how they did last 5 weeks by adding Eur longs... {image}
than it should drop to 0872. maybe bounce and we can sell it again.. u better get eu to close below 0960... it went up after cot. hopefully it will drop b4 close.

less than 1h to go to get -0960
those who can, do. those who cant, talk about those who can
  • #62,004
  • May 1, 2020 3:09pm May 1, 2020 3:09pm
Quoting gatorinla
{quote} than it should drop to 0872. maybe bounce and we can sell it again.. u better get eu to close below 0960... it went up after cot. hopefully it will drop b4 close. less than 1h to go to get -0960
PA atm.. dollar strong against Gbp, Aud, Nzd and Cad, except Chf and Jpy since Dow down 622 atm ..
Eur may come down like the rest of them ,,may not today ..probably next week,
Attached Image
  • #62,005
  • May 1, 2020 3:26pm May 1, 2020 3:26pm
Quoting gatorinla
{quote} than it should drop to 0872. maybe bounce and we can sell it again.. u better get eu to close below 0960... it went up after cot. hopefully it will drop b4 close. less than 1h to go to get -0960
hanging on,, fall bastard.
Inserted Video
those who can, do. those who cant, talk about those who can
  • #62,006
  • May 1, 2020 3:26pm May 1, 2020 3:26pm
Quoting gatorinla
{quote} than it should drop to 0872. maybe bounce and we can sell it again.. u better get eu to close below 0960... it went up after cot. hopefully it will drop b4 close. less than 1h to go to get -0960
it may not have enough time to drop to 1.0960 for NY close...day may reverse to uptrend,,,,for next 30 some days,, hedge funds probably plan to push Eur higher and re build their short positions ...since they have already cashed out most their shorts at bottom ...
  • #62,007
  • May 1, 2020 3:29pm May 1, 2020 3:29pm
didn t know it is about eur/usd
Attached Image
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #62,008
  • May 1, 2020 3:42pm May 1, 2020 3:42pm
Quoting Boulder
{quote} it may not have enough time to drop to 1.0960 for NY close...day may reverse to uptrend,,,,for next 30 some days,, hedge funds probably plan to push Eur higher and re build their short positions ...since they have already cashed out most their shorts at bottom ...
if it drops next week,, I will try to tp 0872 touch (only if, current high holds, doubtful ). then look to reload higher. it looks like it will test and break highs next week. Its not looking like its going to close -0960. 0872 retrace is looking dimmer. the flagpole is looking right for 1.11

Inserted Video
those who can, do. those who cant, talk about those who can
  • #62,009
  • May 1, 2020 3:45pm May 1, 2020 3:45pm
Quoting gatorinla
{quote} if it drops next week,, I will try to tp 0872 touch. then look to reload higher. it looks like it will test and break highs next week. Its not looking like its going to close -0960. 0872 retrace is looking dimmer. the flagpole is looking right for 1.11 https://www.youtube.com/watch?v=7BMyt8Znpkk
ok... definitely reload Eur higher,,, I may have to short more swiss during the process...
  • #62,010
  • Edited May 2, 2020 2:09am May 1, 2020 3:47pm | Edited May 2, 2020 2:09am
euro closed @ 1.0976. +250 green pips.
don't predict direction, but dance with flow of water
  • #62,011
  • May 1, 2020 3:51pm May 1, 2020 3:51pm
Quoting gatorinla
{quote} if it drops next week,, I will try to tp 0872 touch (only if, current high holds, doubtful ). then look to reload higher. it looks like it will test and break highs next week. Its not looking like its going to close -0960. 0872 retrace is looking dimmer. the flagpole is looking right for 1.11 https://www.youtube.com/watch?v=7BMyt8Znpkk
candle wise looking to the left R, 4h may end bearish engulfing. on a smaller chart 0925 may be a tp if u need to unload. possible Long 0925, since 0960 looks to hold day close. The close above 0960 makes 0872 harder. 0925 is much easier.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 45 KB
those who can, do. those who cant, talk about those who can
  • #62,012
  • May 1, 2020 4:02pm May 1, 2020 4:02pm
Quoting gatorinla
{quote} candle wise looking to the left R, 4h may end bearish engulfing. on a smaller chart 0925 may be a tp if u need to unload. possible Long 0925, since 0960 looks to hold day close. The close above 0960 makes 0872 harder. 0925 is much easier. {image}
sunday plan unless it gaps -0960 on open
those who can, do. those who cant, talk about those who can
  • #62,013
  • May 1, 2020 4:11pm May 1, 2020 4:11pm
Eur datapoint atm.. Day has reversed to uptrend... it may come down some early next week using time stamps...plan to use the opportunities to unload and then reload shorts higher... Eu may on its way to challenge weekly downtrend stop in next 30 days..
Attached Image
  • #62,014
  • May 1, 2020 4:20pm May 1, 2020 4:20pm
Quoting gatorinla
{quote} candle wise looking to the left R, 4h may end bearish engulfing. on a smaller chart 0925 may be a tp if u need to unload. possible Long 0925, since 0960 looks to hold day close. The close above 0960 makes 0872 harder. 0925 is much easier. {image}
add tl R and 4h bearish engulfed.. possible short coming 0995/high/tl.. for 0925 first target or 0872 target 2. bounce expected sometime later.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 72 KB
those who can, do. those who cant, talk about those who can
  • #62,015
  • May 1, 2020 4:27pm May 1, 2020 4:27pm
Quoting gatorinla
{quote} add tl R and 4h bearish engulfed.. possible short coming 0995/high/tl.. for 0925 first target or 0872 target 2. bounce expected sometime later. {image}
Thanks Gator... I will be careful not fall in bear trap when pa goes down there 0925 , and esp 0872 area next week...
  • #62,016
  • May 1, 2020 4:41pm May 1, 2020 4:41pm
Quoting Boulder
{quote} Thanks Gator... I will be careful not fall in bear trap when pa goes down there 0925 , and esp 0872 area next week...
since it closed above 0960. I give more odds to the bounce. Not to say it wont go below 0925 and 0872 to bounce. your 4h and day being bullish increases bounce odds. plus the 20 tl rejection. last time it went to near 1.15.. 1/2 of that is 1064...

looking at it like this shows current R, with the newer low as the bottom. In this one 1109 may be a retrace similar to flagpole.


after hours usd looks weak..
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 46 KB
those who can, do. those who cant, talk about those who can
  • #62,017
  • May 1, 2020 4:49pm May 1, 2020 4:49pm
usd closed 99.06.. it dropped 26 pips since. that's about 52 eu pips higher than eu close price. .
Attached Image
those who can, do. those who cant, talk about those who can
  • #62,018
  • May 1, 2020 4:51pm May 1, 2020 4:51pm
After hours euro price. 1.1048
Attached Image (click to enlarge)
Click to Enlarge Name: 4C697B1B-27C4-4510-91B3-EEC138B5C8BC.jpeg Size: 252 KB
I EAT PIPS
  • #62,019
  • May 1, 2020 4:58pm May 1, 2020 4:58pm
Quoting gatorinla
usd closed 99.06.. it dropped 26 pips since. that's about 52 eu pips higher than eu close price. . {image}
usd is taking an ass whippin atm..
Attached Image
those who can, do. those who cant, talk about those who can
  • #62,020
  • May 1, 2020 5:01pm May 1, 2020 5:01pm
sometimes this is bs, and will return to fridays close price b4 sunday in this after hours bs.. if true ecb better start printing.. stronger across the board againt everyone.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 54 KB
those who can, do. those who cant, talk about those who can
53 traders viewing now