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The Swamp

  • #67,201
  • Jun 10, 2020 9:59am Jun 10, 2020 9:59am
Still keep shorting this EU.. cash one out 1351 +31.. more will come
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  • #67,202
  • Jun 10, 2020 10:21am Jun 10, 2020 10:21am
All lower tf’s agree. Short @1,1350.
  • #67,203
  • Jun 10, 2020 10:21am Jun 10, 2020 10:21am
Quoting Tekin
{quote} its not a certain idea. so i didnt tell it will rise or it will drop. just checking some datas and sharing here. not you but some people feel disturbed when i share anything and ignoring me as i do for them. no problem. result: this is not any recommendation to sell or to buy. if you are disturbed excuse me in advance
You are ignoring a good source of information.

The posters in FF who complain about your posts are the very same traders you should watch their calls and fade their trade. It's the only indicator that does not lag or repaint
Ecclesiastes 1:9
  • #67,204
  • Jun 10, 2020 10:33am Jun 10, 2020 10:33am
Quoting newbegger
{quote} You are ignoring a good source of information. The posters in FF who complain about your posts are the very same traders you should watch their calls and fade their trade. It's the only indicator that does not lag or repaint
I think that indicator is a bit noisy
A bad trader doesnt make bad trades 100% of the time, but exactly 50% of the time.
Pension fund Return This Month: 2.2%
  • #67,205
  • Edited 11:41am Jun 10, 2020 10:39am | Edited 11:41am
LC Lower, Lets see 1 final Push UP before News
OUT wit a few
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A good trader follows his rules, but great trader knows when to break them
  • #67,206
  • Jun 10, 2020 10:45am Jun 10, 2020 10:45am
Quoting 5astelija
{quote} I think that indicator is a bit noisy A bad trader doesnt make bad trades 100% of the time, but exactly 50% of the time.
When properly used it is very reliable.

Will it work using one "aspiring" trader? I have only found one who was reliable but you had to wait for his "hedging" call when he was hedging his trade gone bad rather than cutting it loose. His initial trade was emotionless so could not be used.

Does it work on the herds of new "traders" who read a book and are now expert traders giving advise? Yes, but you must clock them first. And you need a large sample size so you need to read other threads or use a data miner.


And verify with broker data.
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Ecclesiastes 1:9
  • #67,207
  • Edited 11:51am Jun 10, 2020 10:55am | Edited 11:51am
Quoting gatorinla
{quote} I dont have any shorts atm.. I placed 1 pending at 1390 in case.
I took a swing and missed (canceled it, options over). But it may be worse for some shorts. Who was using the 1390 option to protect underwater shorts position. Another push up, may cause those who bought the protection to close. Usdx is testing 3 supports I use. 95.88 the lower one. 96.23 below it atm. Close wise for week trend at 96.35.

month support at 95.43. if the week closes below 96.35. Then month support is up. Month R on the eu is 1492 ( month close wise). Eu bears lost their week R last week. Usdx may loose its weekly trend support Friday. If so the channel posted earlier top is 159x. 100 pips above 1492.

I'm not predicting this. I'm noting the chances are increasing. If the week closed now, 1492 or more is likely If the usd closes below 96.35. Atm the usd is at 96.17.

upon close dont mean a immediate eu rise. It just means its likely to rise within a 0770- unknown new high 1592+ range. It means the chances of 0770 are decreasing.
those who can, do. those who cant, talk about those who can
  • #67,208
  • Edited 11:52am Jun 10, 2020 11:17am | Edited 11:52am
Quoting thelws
{quote} there is no point in moving your stop to BE so early. You need to let the market prove you right before moving that stop. Otherwise you're just giving your broker money. If you want to bet you must be prepared to lose some. edit: 1390 is r2 daily pivot. Probably why gator chose that number. He was making this prediction like 12 hours ago. Quite remarkable for price to reach so close to his target.
I missed.. 1390 was what I said. 1388/89 was a miss. It dont give me anything to have missed a entry. That entry is no longer any good. I did it for option expiring. Nothing to do with Fib or anything else. I hoped it would reach for it and return below trend line and R. With a minimal risk of 1390 plus a few. No big articulate plan. I cancelled the entry, higher looks.

Lc closed lower, but it closed at the low. So that lc is less bearish. Ny closed higher, today's adr can take out 1400 still.
those who can, do. those who cant, talk about those who can
  • #67,209
  • Jun 10, 2020 11:53am Jun 10, 2020 11:53am
Quoting gatorinla
{quote} I missed.. 1390 was what I said. 1388/89 was a miss. It dont give me anything to have missed a entry. That entry is no longer any good. I did it for option expiring. Nothing to do with Fib or anything else. I hoped it would reach for it and return below trend line and R. With a minimal risk of 1390 plus a few. No big articulate plan. I cancelled the entry, higher looks. Lc closed lower, but it closed at the low. So that lc is less bearish. Ny closed higher, today's adr can take out 1400 still.
i corrected typo in this one and the one above.. not 1290.. 1390
those who can, do. those who cant, talk about those who can
  • #67,210
  • Jun 10, 2020 11:59am Jun 10, 2020 11:59am
Quoting gatorinla
{quote} I missed.. 1390 was what I said. 1388/89 was a miss. It dont give me anything to have missed a entry. That entry is no longer any good. I did it for option expiring. Nothing to do with Fib or anything else. I hoped it would reach for it and return below trend line and R. With a minimal risk of 1390 plus a few. No big articulate plan. I cancelled the entry, higher looks. Lc closed lower, but it closed at the low. So that lc is less bearish. Ny closed higher, today's adr can take out 1400 still.
hi, can you explain what do you mean by lc less bearish cause it closed at the low?
  • #67,211
  • Jun 10, 2020 12:06pm Jun 10, 2020 12:06pm
Quoting gatenio
{quote} hi, can you explain what do you mean by lc less bearish cause it closed at the low?
lc 1344.. the low 1342. not much meat on the bone.. When the pair consolidates like now at 1362 R. The reliability decreases.

Plus Fed news is about to weigh in.
those who can, do. those who cant, talk about those who can
  • #67,212
  • Jun 10, 2020 12:17pm Jun 10, 2020 12:17pm
Quoting gatorinla
{quote} lc 1344.. the low 1342. not much meat on the bone.. When the pair consolidates like now at 1362 R. The reliability decreases. Plus Fed news is about to weigh in.
next h close.. and 30 m later.
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those who can, do. those who cant, talk about those who can
  • #67,213
  • Jun 10, 2020 12:50pm Jun 10, 2020 12:50pm
FOMC link
https://www.federalreserve.gov/live-broadcast.htm
  • #67,214
  • Jun 10, 2020 12:53pm Jun 10, 2020 12:53pm
FOMC non event as usual?

Or the famous "this time is different" ?
COT: The precious data ignored
  • #67,215
  • Jun 10, 2020 12:54pm Jun 10, 2020 12:54pm
Quoting kuroro001
FOMC non event as usual? Or the famous "this time is different" ?
Yeah theres already infinite QE in place, you cant get much more dramatic than that
Pension fund Return This Month: 2.2%
  • #67,216
  • Jun 10, 2020 12:55pm Jun 10, 2020 12:55pm
Quoting Boulder
FOMC link https://www.federalreserve.gov/live-broadcast.htm
YT version, I might sleep on it... 2.30 AM my time. Lol

Inserted Video
Peace is more valuable than success.
LifeDrifts v1 [automated] All Time Return: -0.1%
  • #67,217
  • Jun 10, 2020 12:57pm Jun 10, 2020 12:57pm
Quoting gatenio
{quote} hi, can you explain what do you mean by lc less bearish cause it closed at the low?
let me take another shot.. the lower lc indicated it would test the lower area. That occurred before lc. .The low being 1342. The close being slightly higher means. The moment of close, it was already testing the low. You want the close to have enough distance, to cover the risk. I dont want to trade in front Fed. 1365/89 may be a short. But Like I said. The close tested the low. Sure it may do it again. Fed news makes it more of a gamble.
those who can, do. those who cant, talk about those who can
  • #67,218
  • Jun 10, 2020 1:06pm Jun 10, 2020 1:06pm
miss my tp by 1.5 pips, damn now down 30
  • #67,219
  • Jun 10, 2020 1:08pm Jun 10, 2020 1:08pm
Game, set and match for bulls

dollar bears too strong, better give up before its too late
COT: The precious data ignored
  • #67,220
  • Jun 10, 2020 1:09pm Jun 10, 2020 1:09pm
Pending EU sell at 1.1435 and 1.1457. I'm sure this 1.14 will break eventually.
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