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The Swamp

  • #63,041
  • May 11, 2020 8:43pm May 11, 2020 8:43pm
Quoting messi80
{quote} I have 1.08179 as the daily pivot.
thanks...I got from this website..
https://www.actionforex.com/markets/...-pivot-points/

another site looks strange too..
https://www.dailyfx.com/pivot-points
  • #63,042
  • May 11, 2020 8:49pm May 11, 2020 8:49pm
a long way from months end.. I would like to see a month or quarter close below to trust.
Trendline looks to be tested. 0876 and smaller at 0866
Attached Image
those who can, do. those who cant, talk about those who can
  • #63,043
  • May 11, 2020 8:50pm May 11, 2020 8:50pm
Quoting gellowmellow
{quote} The moment DXY starts hitting 100, it might target that 100.50 area. But it's a bit early to tell now as current daily candle might still turn bearish again later. {image}
Good morning!

Looks like DXY's unfinished business is fulfilled, let's see where it wants to go now.

Attached Image (click to enlarge)
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Personal viewpoint: EU price too low for a short now, a bit risky to long considering huge TL below (prone to spikes -.-).
Will wait for DXY to retrace and turn today's candle as bearish for longs.
It might start targeting 100.80 first and a heavy downturn, but might also breach 101 - this will send EU below 0700/0600, doubt it will happen this week but we donno what market will do).
Peace is more valuable than success.
LifeDrifts v1 [automated] All Time Return: -0.1%
  • #63,044
  • May 11, 2020 8:56pm May 11, 2020 8:56pm
Quoting gatorinla
a long way from months end.. I would like to see a month or quarter close below to trust. Trendline looks to be tested. 0876 and smaller at 0866 {image}
usdx top of 3h bb.. slightly above the 20year tl. (thick brown line with red circle)
Attached Image
those who can, do. those who cant, talk about those who can
  • #63,045
  • May 11, 2020 9:00pm May 11, 2020 9:00pm
Quoting gatorinla
{quote} usdx top of 3h bb.. slightly above the 20year tl. (thick brown line with red circle) {image}
chf ditto
Attached Image
those who can, do. those who cant, talk about those who can
  • #63,046
  • May 11, 2020 9:04pm May 11, 2020 9:04pm
Quoting Boulder
Marty Zweig's Investing Rules: @SJosephBurns {image}
I downloaded and will print this. <3

RE: 1st and 2nd point, always in mind when hitting an order.

1) The trend is your friend, don't fight the tape.
2) Let profits run, take losses quickly.
Peace is more valuable than success.
LifeDrifts v1 [automated] All Time Return: -0.1%
  • #63,047
  • May 11, 2020 9:24pm May 11, 2020 9:24pm
EU short pending 0820...
EU next TP 0782 ..Swiss TP 9726...
Good night...
  • #63,048
  • May 11, 2020 10:12pm May 11, 2020 10:12pm
Quoting Boulder
EU short pending 0820... EU next TP 0782 ..Swiss TP 9726... Good night...
gn...u set the pot for 2am..
those who can, do. those who cant, talk about those who can
  • #63,049
  • May 11, 2020 10:18pm May 11, 2020 10:18pm
Quoting gatorinla
{quote} gn...u set the pot for 2am..
new day, 56 pips already..hopefully I can get 30% today. (+8% more)
Attached Image (click to enlarge)
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those who can, do. those who cant, talk about those who can
  • #63,050
  • May 12, 2020 12:35am May 12, 2020 12:35am
Pending SHORT
Attached Image (click to enlarge)
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A good trader follows his rules, but great trader knows when to break them
  • #63,051
  • May 12, 2020 1:42am May 12, 2020 1:42am
morning

i see 830 again very important. above i will try to long
below still short but closing - the H above 810 i wil stay out
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #63,052
  • May 12, 2020 1:54am May 12, 2020 1:54am
Quoting DMA Trader
morning i see 830 again very important. above i will try to long below still short but closing - the H above 810 i wil stay out
we have a double top on H1 at USX 100.4 area. we need a 1H close below 100 so we can get some weakness in USD. no confirmation yet
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #63,053
  • May 12, 2020 1:58am May 12, 2020 1:58am
Goodmorning, that’s a very nice W pattern on H4.
  • #63,054
  • May 12, 2020 2:02am May 12, 2020 2:02am
Quoting DMA Trader
{quote} we have a double top on H1 at USX 100.4 area. we need a 1H close below 100 so we can get some weakness in USD. no confirmation yet
long 821 to TP 831
stop below 800
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #63,055
  • May 12, 2020 2:06am May 12, 2020 2:06am
Quoting ill_be_back
Pending SHORT {image}
Triggered
A good trader follows his rules, but great trader knows when to break them
  • #63,056
  • May 12, 2020 2:45am May 12, 2020 2:45am
Quoting ill_be_back
{quote} Triggered
still looks short to me for 30ish pips...but will play elsewhere in the meantime
Its all just one persons opinion
  • #63,057
  • May 12, 2020 2:48am May 12, 2020 2:48am
Quoting ill_be_back
{quote} Triggered
Good stuff. Well spotted
  • #63,058
  • May 12, 2020 2:55am May 12, 2020 2:55am
Quoting Boulder
EU short pending 0820... EU next TP 0782 ..Swiss TP 9726... Good night...
Morning... just woke up and saw EU pending triggered,, Eu and Swiss both TP out +20
Attached Image (click to enlarge)
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  • #63,059
  • May 12, 2020 2:56am May 12, 2020 2:56am
Started Swiss short 9725..and EU short 0815
  • #63,060
  • May 12, 2020 3:04am May 12, 2020 3:04am
Quoting Maroc-Ismail
Goodmorning, that’s a very nice W pattern on H4.
1h closed decent. both on gu and usd/cad for usd weakness.

we got big R between 825 -830 ... if we break panic buy is coming if not ... back to 800
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
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