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The Swamp

  • #71,701
  • Jul 21, 2020 3:50am Jul 21, 2020 3:50am
EU very volatile today. Every time it approaches areas I want to take partial profits it plunges back down. I took small profit earlier today at 1.1463, next was to be 70, then bang down. Nearly got there again then plunged 34 pips within the hour, then repeated the whole process over again. FRUSTRATING
  • #71,702
  • Jul 21, 2020 3:59am Jul 21, 2020 3:59am
Quoting thelws
{quote} judging from the price action... it's gonna be a long long day of uncertainty. honest to god I'm sick and tired of this price action. Market cna't make up its mind.

Wow thelws! You must have posted this while I was typing a similar post. Just saw yours. I'm whipsawing from profit to loss in every 20 minutes. I'm sick of it too.
  • #71,703
  • Jul 21, 2020 4:03am Jul 21, 2020 4:03am
Quoting Blackopal
{quote} Wow thelws! You must have posted this while I was typing a similar post. Just saw yours. I'm whipsawing from profit to loss in every 20 minutes. I'm sick of it too.
I think it will go up now. This Happened last swing in GU also. The main point is closing higher at the end of the day.
Also Aussi Kiwi rise without EU and GU? This is something
  • #71,704
  • Jul 21, 2020 4:11am Jul 21, 2020 4:11am
Quoting thelws
{quote} judging from the price action... it's gonna be a long long day of uncertainty. honest to god I'm sick and tired of this price action. Market cna't make up its mind.
nope you may be wrong, pa just like this is in fact the market making up its mind, patience is most important right now, because if you get it right now your rewards will definitely come, get it wrong and sl will protect your ass, patience patience is golden, trading east is perfect for range trading, the ranges are crystal clear right now, perhaps you are seeing the ping pong instead
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  • #71,705
  • Jul 21, 2020 4:13am Jul 21, 2020 4:13am
Bought EU SL 7pips
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  • #71,706
  • Jul 21, 2020 4:14am Jul 21, 2020 4:14am
Quoting KiwiTrada
{quote} nope you may be wrong, pa just like this is in fact the market making up its mind, patience is most important right now, because if you get it right now your rewards will definitely come, get it wrong and sl will protect your ass, patience patience is golden, trading east is perfect for range trading, the ranges are crystal clear right now, perhaps you are seeing the ping pong instead
gold and silver bulls are struggling a little, considering they are both extremely strong bulls, Im liking it :-)
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  • #71,707
  • Edited 4:31am Jul 21, 2020 4:17am | Edited 4:31am
Quoting TuTang
{quote} I think it will go up now. This Happened last swing in GU also. The main point is closing higher at the end of the day. Also Aussi Kiwi rise without EU and GU? This is something

Yeah, the Aussie has been pretty steady, it totally ignored this last drop on EU. And yes, I agree, longs are working on every US pair except Euro today. It has some serious catching up to do. The EG and EA have been smashed.

I just closed my GU shorts at 1.268. I think they would have been eaten if I held them.
  • #71,708
  • Jul 21, 2020 4:18am Jul 21, 2020 4:18am
Quoting KiwiTrada
{quote} nope you may be wrong, pa just like this is in fact the market making up its mind, patience is most important right now, because if you get it right now your rewards will definitely come, get it wrong and sl will protect your ass, patience patience is golden, trading east is perfect for range trading, the ranges are crystal clear right now, perhaps you are seeing the ping pong instead
The range is clear but the direction is not.
Good for you if you can make a profit out of this.
  • #71,709
  • Jul 21, 2020 4:19am Jul 21, 2020 4:19am
Quoting Blackopal
EU very volatile today. Every time it approaches areas I want to take partial profits it plunges back down. I took small profit earlier today at 1.1463, next was to be 70, then bang down. Nearly got there again then plunged 34 pips within the hour, then repeated the whole process over again. FRUSTRATING
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  • #71,710
  • Jul 21, 2020 4:32am Jul 21, 2020 4:32am
Quoting thelws
{quote} The range is clear but the direction is not. Good for you if you can make a profit out of this.
sorry we are on cross wires, I am making nothing out of this pa, I am not trying to, I am trying to build a position, for when market decides, then i will make profit, if i wanted to I could close all todays trade on eu gu gj shorts swissy longs right now for just under 400 pips, gold and silver are still compressed and would yield stuff all, but that is not how I trade, handful here and handful there is pointless and dangerous
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  • #71,711
  • Jul 21, 2020 4:36am Jul 21, 2020 4:36am
Quoting KiwiTrada
{quote} sorry we are on cross wires, I am making nothing out of this pa, I am not trying to, I am trying to build a position, for when market decides, then i will make profit, if i wanted to I could close all todays trade on eu gu gj shorts swissy longs right now for just under 400 pips, gold and silver are still compressed and would yield stuff all, but that is not how I trade, handful here and handful there is pointless and dangerous
aussie is about to tap previous daily high 70 62, could be worth a cheap entry 11 or 13 pips, kiwi similar 66cent high flirting last 3 weeks same thing short small sl and then sit on hands
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  • #71,712
  • Jul 21, 2020 4:38am Jul 21, 2020 4:38am
Quoting KiwiTrada
{quote} sorry we are on cross wires, I am making nothing out of this pa, I am not trying to, I am trying to build a position, for when market decides, then i will make profit, if i wanted to I could close all todays trade on eu gu gj shorts swissy longs right now for just under 400 pips, gold and silver are still compressed and would yield stuff all, but that is not how I trade, handful here and handful there is pointless and dangerous
Then we're on the same page. The direction is not exactly clear right now. And that's why I'm saying the market can't make up its mind.
It may be making up its mind. But that is not clear at the moment.
It's hard to trade. You can trade at the edges of the range, but if the direction is wrong, it is still going to be a difficult thing.

Anyway, it doesn't matter right now until the market shows hand. Not much to do but wait and see.
  • #71,713
  • Jul 21, 2020 4:49am Jul 21, 2020 4:49am
Good morning.. from Newsquawk.. EU 1.1441 atm..
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  • #71,714
  • Jul 21, 2020 4:56am Jul 21, 2020 4:56am
Quoting KiwiTrada
{quote} aussie is about to tap previous daily high 70 62, could be worth a cheap entry 11 or 13 pips, kiwi similar 66cent high flirting last 3 weeks same thing short small sl and then sit on hands
Cheap trippy trip
  • #71,715
  • Jul 21, 2020 5:02am Jul 21, 2020 5:02am
Quoting KiwiTrada
{quote} aussie is about to tap previous daily high 70 62, could be worth a cheap entry 11 or 13 pips, kiwi similar 66cent high flirting last 3 weeks same thing short small sl and then sit on hands
my money where is my mouth 13 pip sl look hard to left 27th jan is small "gap" so pa could close this 6606 - 5992 which will make my small sl even tighter
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If you are new to Forex? Say Goodbye to your account!!
  • #71,716
  • Jul 21, 2020 5:54am Jul 21, 2020 5:54am
Buy euro, 1.1450. adding every 10 pips down
target above 1.16
Make money by doing the opposite of Giveachance aka loser
  • #71,717
  • Jul 21, 2020 6:17am Jul 21, 2020 6:17am
[quote=Boulder;13070124]Good morning.. from Newsquawk.. I see 1350 on the options. I was waiting to short after 1485 test. At 1421, I may be proven wrong. Lets see if eu has a little Jason Voorhees in her.
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those who can, do. those who cant, talk about those who can
  • #71,718
  • Edited 6:40am Jul 21, 2020 6:17am | Edited 6:40am
Today's MT4 Templates
Attached File(s)
File Type: tpl 21-07-2020 EURO SUPPORT & RESISTANCE.tpl   11 KB | 267 downloads
File Type: tpl 21-07-2020 EURO CONFULUENCE POWER ZONZES.tpl   6 KB | 268 downloads
File Type: tpl 21-07-2020 CABLE SUPPORT & RESISTANCE.tpl   11 KB | 302 downloads
File Type: tpl 21-07-2020 CABLE CONFULUENCE POWER ZONZES.tpl   6 KB | 253 downloads
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #71,719
  • Jul 21, 2020 6:18am Jul 21, 2020 6:18am
Jump into the bout )

Best buy is here at 1.143x

For another 1 week at least we will not see 13xx again.

Stay green !

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  • #71,720
  • Jul 21, 2020 6:20am Jul 21, 2020 6:20am
Quoting Avir
Tomorrow 20th's Support & Resistance levels for EURO & CABLE on Meta Trader Templates CABLE S/R EURO S/R EURO CONFULUENCE POWER ZONES {image} {image}
Sorry Guys , there should have been an error on EURO Weekly Numbers yesterday, corrected on today's one above

Edit : ah.... Cable weekly was wrong as well , will update above in a sec
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
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