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The Swamp

  • #63,221
  • May 12, 2020 11:17am May 12, 2020 11:17am
pretty bullish sentiment on the thread

i will close my eu short near 843 if possible but i am not going long at that level today

i think we go lower
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #63,222
  • May 12, 2020 11:22am May 12, 2020 11:22am
Quoting gatorinla
{quote} close to support,, u can lose shorting, or it can break support. But if it holds, the easier bounce is north. you risk a smaller amount to gain a larger amount. Spring is here and Summer near.. Summer tends to range. Corona is a wildcard. Myself personally, I never traded a pandemic, or a "Great Depression". So I'm a novice. All the other traders who did trade these in 1917 are pros.
risk a little and shoot for a lot.
those who can, do. those who cant, talk about those who can
  • #63,223
  • May 12, 2020 12:10pm May 12, 2020 12:10pm
shaping up for a bounce
  • #63,224
  • May 12, 2020 12:19pm May 12, 2020 12:19pm
Long Usdcad 140.30

sl, 1.4017
tp, 1.40.65

last one
  • #63,225
  • May 12, 2020 12:35pm May 12, 2020 12:35pm
Quoting gatorinla
{quote} I'm not trying to convince you. You have to trade what you see. The time to take the trade was near the tl earlier. The odds do lessen, the higher it travels. Weaker to you, just means a normal retrace to me.. 0834 to me would even be normal, before going higher. The only question i have is, will 0848 allow the retrace to 0834..
0848 yesterday 50
0836 is today 161

if break 0820 will send it back much higher
  • #63,226
  • May 12, 2020 12:39pm May 12, 2020 12:39pm
Quoting DMA Trader
{quote} NASD is amazing. close to all time highs. AAPL has 7 days straight of gains. last time it happen 2000. crazy
100% up still holding.

https://charts.mql5.com/24/643/us100...al-limited.png
don't predict direction, but dance with flow of water
  • #63,227
  • May 12, 2020 12:55pm May 12, 2020 12:55pm
Quoting jaylovin
Active short on AU: https://www.forexfactory.com/showthr...7#post12934967 its a bit nuts, might not work but retracement still goes to 64.00 at least if i am right... looking for sub 62.. I will offload slowly and put to breakeven soon

okay closing this 64.79 - it can keep dropping, whatever

+33 pips
  • #63,228
  • May 12, 2020 1:11pm May 12, 2020 1:11pm
done for today 200%. closed all. will re-enter.
https://charts.mql5.com/24/643/us100...al-limited.png
don't predict direction, but dance with flow of water
  • #63,229
  • Edited 1:27pm May 12, 2020 1:16pm | Edited 1:27pm
Quoting jaylovin
Long Usdcad 140.30 sl, 1.4017 tp, 1.40.65 last one

closed this at 1.4060 - close enough, don’t wanna pay swap..

+30 pips

EDIT, it just hit initial target, oh well.. better some than none
  • #63,230
  • Edited 1:39pm May 12, 2020 1:22pm | Edited 1:39pm
Quoting jaylovin
aj short 69.66. sl 69.80 tp 69.32

done here too at 69.42

volatility at NY close might go nuts... and I don’t wanna pay swap

+24 pips.. should still hit 69.32, and challenge 69.13


EDIT: initial target hit. Until Manana ladies and gents
  • #63,231
  • May 12, 2020 1:37pm May 12, 2020 1:37pm
Quoting DMA Trader
short EU 854 -typo
out +7
i still think we can break 840 but not without a fight
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #63,232
  • May 12, 2020 4:26pm May 12, 2020 4:26pm
Quoting Boulder
{quote} that is the key ,..to take a chance on Eu longs...it may work...
here in your state.
Inserted Video
those who can, do. those who cant, talk about those who can
  • #63,233
  • May 12, 2020 4:32pm May 12, 2020 4:32pm
Quoting gatorinla
{quote} here in your state. https://www.youtube.com/watch?v=1-_7g2tueKY
idiots....
glad they not live in my city..
  • #63,234
  • May 12, 2020 4:39pm May 12, 2020 4:39pm
Quoting Boulder
{quote} idiots.... glad they not live in my city..
it dont matter. it will travel.
those who can, do. those who cant, talk about those who can
  • #63,235
  • May 12, 2020 7:55pm May 12, 2020 7:55pm
EU 5/13/2020 trading levels.. next to print 0962 or 0839

RU R3 ----------1.0947
WP R1 ----------1.0943
DP R3 ----------1.0939
MP PP ----------1.0907
DP R2 ----------1.0901
RU R2 ----------1.0901
DP R1 ----------1.0878
RU R1 ----------1.0873
WP PP ----------1.0862
DP PP ----------1.0839
RU S1 ----------1.0818
DP S1 ----------1.0801
RU S2 ----------1.0790
MP S1 ----------1.0788
WP S1 ----------1.0781
DP S2 ----------1.0778
RU S3 ----------1.0744
  • #63,236
  • May 12, 2020 7:59pm May 12, 2020 7:59pm
Swiss 5/13/2020 trading levels... next to print 9684 or 9702

RU R3 ----------0.9777
WP R1 ----------0.9768
MP R1 ----------0.9763
DP R2 ----------0.9756
RU R2 ----------0.9739
DP R1 ----------0.9736
RU R1 ----------0.9715
DP PP ----------0.9704
WP PP ----------0.9702
MP PP ----------0.9684
DP S1 ----------0.9671
RU S1 ----------0.9669
DP S2 ----------0.9651
RU S2 ----------0.9645
WP S1 ----------0.9637
DP S3 ----------0.9619
RU S3 ----------0.9607
  • #63,237
  • May 12, 2020 8:23pm May 12, 2020 8:23pm
Good morning!

EU wise, I will wait 0890+ for longs.
0870-0890 area is a hurdle since beginning April, any touch on this is worth scalp shorts (being cautious on 0890).
This has been proven by lots of H4 candles for a month now.

GBP has been week yesterday, GU pushed down to 2250 and normally we see a fast pullback to 2300 but now PA comfortably sits at 2270+.
Prelim GDP later, let's see what happens. Lots of sells there below 2200 and further confirmation below 2100, worth watching this pair for hundreds of pips once supports are broken.

DXY at 99.96 as of writing.
Peace is more valuable than success.
LifeDrifts v1 [automated] All Time Return: -0.1%
  • #63,238
  • May 12, 2020 9:13pm May 12, 2020 9:13pm
curious to see if 0846 becomes support.. its at 0846.2 as it type.
those who can, do. those who cant, talk about those who can
  • #63,239
  • May 12, 2020 9:18pm May 12, 2020 9:18pm
Quoting gatorinla
curious to see if 0846 becomes support.. its at 0846.2 as it type.
good morning G,
light s imo.
still for me 0835-0720 high risk trading level.
advantage to the bears on daily and weekly.
  • #63,240
  • May 12, 2020 9:26pm May 12, 2020 9:26pm
Short 08510-0843, TP open...
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