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The Swamp

  • #64,761
  • May 21, 2020 10:14am May 21, 2020 10:14am
Quoting Maroc-Ismail
{quote} There is your war. Bulls are finished.
Bulls are done. 0880 should get hit at some point. I didn't get trades today on it. Tomorrow the fall should even be worse.
  • #64,762
  • May 21, 2020 10:17am May 21, 2020 10:17am
Quoting Maroc-Ismail
{quote} There is your war. Bulls are finished.
no,, they just taking a break... with H4 and day still in uptrend... the fight may last a couple of more weeks...
I short Eu .. I have to be careful... always have that ( bulls may comeback ) in mind... not too aggressive to short major supports for sure...
  • #64,763
  • May 21, 2020 10:17am May 21, 2020 10:17am
Quoting DMA Trader
again with US-China headlines. annoying.
ForexLive tweeted out this was the cause after the move down, which is fine, I didn't want them to give me the reason to get short, that is up to me and the charts. I just wanted to know why the strong move down had occurred and how much to weight it up with a potential counter move back long.
  • #64,764
  • May 21, 2020 10:18am May 21, 2020 10:18am
EURUSD

https://www.tradingview.com/x/vmXm2fw8/
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #64,765
  • May 21, 2020 10:26am May 21, 2020 10:26am
Quoting Maroc-Ismail
Small one opened on 1,10. {image}
+ 53
  • #64,766
  • May 21, 2020 10:27am May 21, 2020 10:27am
Quoting unlv_tj
{quote} ForexLive tweeted out this was the cause after the move down, which is fine, I didn't want them to give me the reason to get short, that is up to me and the charts. I just wanted to know why the strong move down had occurred and how much to weight it up with a potential counter move back long.
it will take time. both sides are becoming more aggressive

and i guess it will increase as US Elections are coming
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #64,767
  • May 21, 2020 10:28am May 21, 2020 10:28am
Quoting gatorinla
lc looks to be lower.. possible S 0972/1008.2..
I don't know I can wait that long .. I may jump in early.. need reload some top level trades
  • #64,768
  • May 21, 2020 10:28am May 21, 2020 10:28am
Quoting Mitiblotch
{quote} Bulls are done. 0880 should get hit at some point. I didn't get trades today on it. Tomorrow the fall should even be worse.
Enough opportunities will appear Miti! Tomorrow will be a bloodbath.. 🩸
  • #64,769
  • May 21, 2020 10:30am May 21, 2020 10:30am
960 will be important. for both

sorry Gator is right on 970
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #64,770
  • May 21, 2020 10:31am May 21, 2020 10:31am
Quoting Boulder
{quote} no,, they just taking a break... with H4 and day still in uptrend... the fight may last a couple of more weeks... I short Eu .. I have to be careful... always have that ( bulls may comeback ) in mind... not too aggressive to short major supports for sure...
We will see. Ofcourse, I’m always patient and I never over leverage. I expect your H4 and daily to turn bearish next week.
  • #64,771
  • May 21, 2020 10:31am May 21, 2020 10:31am
Quoting Maroc-Ismail
{quote} We will see. Ofcourse, I’m always patient and I never over leverage. I expect your H4 and daily to turn bearish next week.
H4 next week for sure.. day maybe 2 more weeks..
  • #64,772
  • May 21, 2020 10:32am May 21, 2020 10:32am
Quoting gatorinla
lc looks to be lower.. possible S 0972/1008.2..
lc is lower.. but tl test failed. flip a coin. possible retrace to 0972/1008.. after tl may be tested again.. look at pa on the month.. we are nowhere. bears not so tough..
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those who can, do. those who cant, talk about those who can
  • #64,773
  • May 21, 2020 10:37am May 21, 2020 10:37am
Quoting Boulder
{quote} I don't know I can wait that long .. I may jump in early.. need reload some top level trades
no need to force it.. relax.
those who can, do. those who cant, talk about those who can
  • #64,774
  • May 21, 2020 10:40am May 21, 2020 10:40am
Quoting gatorinla
{quote} no need to force it.. relax.
tomorrow is Friday.. atm the week is showing an engulfed week on the bull side. 0958 is the center bb..
those who can, do. those who cant, talk about those who can
  • #64,775
  • May 21, 2020 10:51am May 21, 2020 10:51am
Quoting gatenio
{quote} well done Boulder. pending 0957, it seems it going to retest the 1h tl breakout {image}
as promised... I shorted EU here 0957... maybe early... will add ..

my next TP EU 0947 or Swiss 9687 before add.. wait to see which pay first...
  • #64,776
  • May 21, 2020 11:05am May 21, 2020 11:05am
its hard to believe the big wedge broke for nothing. Its being retested now.. its also the center channel at today's low. .. lc was lower.. I'm a little skeptical it wasn't followed through. pa is where the month started. I say flip a coin. center channel and weekly 0958 has it. Its hard to believe yesterdays day candle wasn't a break out.
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those who can, do. those who cant, talk about those who can
  • #64,777
  • May 21, 2020 11:21am May 21, 2020 11:21am
Quoting Boulder
{quote} as promised... I shorted EU here 0957... maybe early... will add .. my next TP EU 0947 or Swiss 9687 before add.. wait to see which pay first...
flat this here 0952 +5.... pending 0970.. bbl
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  • #64,778
  • May 21, 2020 11:25am May 21, 2020 11:25am
day candle wise,, a day close above 50% of yesterday's body is not a bearish sign. 50% is above 0950. lc disagrees.
those who can, do. those who cant, talk about those who can
  • #64,779
  • May 21, 2020 11:59am May 21, 2020 11:59am
Quoting gatorinla
day candle wise,, a day close above 50% of yesterday's body is not a bearish sign. 50% is above 0950. lc disagrees.
Exactly. Keep hearing about bulls giving up but everyday we have a new high
  • #64,780
  • May 21, 2020 12:02pm May 21, 2020 12:02pm
4h closed bearish into that support mentioned.. look to the left and there is more..
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those who can, do. those who cant, talk about those who can
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