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The Swamp

  • #73,281
  • Aug 8, 2020 9:02am Aug 8, 2020 9:02am
GBP or EUR
  • #73,282
  • Aug 8, 2020 2:02pm Aug 8, 2020 2:02pm
Trump just signed exec order
I don't know...
  • #73,283
  • Aug 9, 2020 1:00am Aug 9, 2020 1:00am
Quoting TuTang
{quote} Dax look like a small retest of 93.00 then move up. I had an UJ long position before NFP but out when it turned back. But now it seems clear about the direction. Cot data now showing massive Eur and CHF short from MM. Very likely to break down next week. My view from EU very clear. {image}

I agree. DAX weekly chart makes a very compelling case for strong USD this week. I will try to get out of my $US shorts with minimal pain during Asia session tomorrow. Unfortunately will have to work during Europe and NY sessions. I'm still within my risk management parameters, will see what Asia brings.
  • #73,284
  • Aug 9, 2020 1:12am Aug 9, 2020 1:12am
Nu Daily close on Friday with Big engulfing bear candle which has left it on a critical neckline.
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  • #73,285
  • Aug 9, 2020 1:42am Aug 9, 2020 1:42am
Quoting Pharm0r
Trump or Biden? jo jorgensen
uninspiring option....but it has to be Biden
  • #73,286
  • Aug 9, 2020 4:40am Aug 9, 2020 4:40am
Quoting Blackopal
DAX Weekly finished with a Long legged Doji type candlestick. It is a common type candle in the DAX weekly charts. You can see where I've placed arrows under similar candles, it is consistently followed by at least short term rises. But, in the second chart, a 4 H chart, there is an harami candle followed by a confirming bear candle, indicating a run down to follow. Third chart, one hour, pennant has formed which is probably bullish. Just putting them out here so everyone can see and maybe it helps you. I prefer the 4H Harami personally, but only...
I have it testing R on usdx and missing so far. Not saying bulls wont win this coming week. It should be monitored. But as it stands, usd bulls failed to break 4h R. Just as eu bears have. I will post a few charts. This one is a day

Quoting gatorinla
{quote} I have it testing R on usdx and missing so far. Not saying bulls wont win this coming week. It should be monitored. But as it stands, usd bulls failed to break 4h R. Just as eu bears have. I will post a few charts. This one is a day {image}
4h
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those who can, do. those who cant, talk about those who can
  • #73,287
  • Aug 9, 2020 4:48am Aug 9, 2020 4:48am
Quoting gatorinla
{quote} 4h {image}
more 4h. Bulls are trying.. Euro is the dominate cross. So it has to give up... Friday it held barely. But it was still a win for euro.

One can see a gap the third July week (arrow). One like that over 4h, today could bring bulls.
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those who can, do. those who cant, talk about those who can
  • #73,288
  • Aug 9, 2020 4:59am Aug 9, 2020 4:59am
4h bear engulfed
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those who can, do. those who cant, talk about those who can
  • #73,289
  • Aug 9, 2020 5:09am Aug 9, 2020 5:09am
Quoting gatorinla
4h bear engulfed {image}
Look at the bear engulfed of the past close level. 93.53 is the R. Friday we got a bull engulfed, pa went above 93.53 but was unable to close above. 93.53 closing is good for bulls, but looking a little higher one can see the same type of rejection at 93.75.. I will show in next chart. Friday was bullish but into a close rejection at R. I'm not saying 93.53 wont break or 93.75. But atm the 4h hasn't broke yet either.
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those who can, do. those who cant, talk about those who can
  • #73,290
  • Aug 9, 2020 5:17am Aug 9, 2020 5:17am
Quoting gatorinla
{quote} Look at the bear engulfed of the past close level. 93.53 is the R. Friday we got a bull engulfed, pa went above 93.53 but was unable to close above. 93.53 closing is good for bulls, but looking a little higher one can see the same type of rejection at 93.75.. I will show in next chart. Friday was bullish but into a close rejection at R. I'm not saying 93.53 wont break or 93.75. But atm the 4h hasn't broke yet either. {image}
93.75 and 92.78 is the inside range, Until a break and day close above or below. Atm that range has shrunk to 93.51/92.78 close range. the bulls so far were unable to take out the lowest rung in the day ladder.

Bulls cant be held down forever, they are trying. But the Friday close below 93.51 is not the best sign. Just like eu unable to hold 1761.

From day we look at week next.
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those who can, do. those who cant, talk about those who can
  • #73,291
  • Aug 9, 2020 5:27am Aug 9, 2020 5:27am
Quoting gatorinla
{quote} 93.75 and 92.78 is the inside range, Until a break and day close above or below. Atm that range has shrunk to 93.51/92.78 close range. the bulls so far were unable to take out the lowest rung in the day ladder. Bulls cant be held down forever, they are trying. But the Friday close below 93.51 is not the best sign. Just like eu unable to hold 1761. From day we look at week next. {image}
The week closed red.. if you can manage a green usdx week.. the eu week should be red. Then we can talk about week usd R. 95.7x/96..

First things first. I'm way over my skis. 4h hasn't given up the booty. At least yet.
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those who can, do. those who cant, talk about those who can
  • #73,292
  • Aug 9, 2020 5:40am Aug 9, 2020 5:40am
so 4h wise using candle S/r you need a 4h close + 93.86, and a 1h close above 94. Day +93.75..

The day may come first followed by the smaller.. or if the smaller come first, be sure the day follows.. if not, its likely a reject. If the larger closes cant follow through. Friday was unable to follow through.

If the larger tf closes above the smaller its stronger for bulls. For instance a week close above a day level.


Yes its a possible db. lots of them on the way down at stalls. They all failed so far.
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those who can, do. those who cant, talk about those who can
  • #73,293
  • Aug 9, 2020 6:06am Aug 9, 2020 6:06am
Quoting gatorinla
{quote} 93.75 and 92.78 is the inside range, Until a break and day close above or below. Atm that range has shrunk to 93.51/92.78 close range. the bulls so far were unable to take out the lowest rung in the day ladder. Bulls cant be held down forever, they are trying. But the Friday close below 93.51 is not the best sign. Just like eu unable to hold 1761. From day we look at week next. {image}
What if it gap up above that level ?
PaRaM
  • #73,294
  • Aug 9, 2020 7:23am Aug 9, 2020 7:23am
CDC reports the presence of Legionnaire's disease bacteria in several of its Atlanta office buildings. Can't make this up. Be wary of using water in buildings/businesses that have been shut down for a few months.
Follow the money --Mark Felt (Deepthroat)
  • #73,295
  • Aug 9, 2020 9:23am Aug 9, 2020 9:23am
Quoting pgidia
{quote} What if it gap up above that level ?
treat it as a close above.
those who can, do. those who cant, talk about those who can
  • #73,296
  • Aug 9, 2020 9:33am Aug 9, 2020 9:33am
Quoting longfellow
CDC reports the presence of Legionnaire's disease bacteria in several of its Atlanta office buildings. Can't make this up. Be wary of using water in buildings/businesses that have been shut down for a few months.
The water supply had to have some organics in it to eat the chlorine. W/o a disinfectant in the water. All hell breaks loose. I bet some buildings have a light source like pvc piping to allow the organics to grow.
those who can, do. those who cant, talk about those who can
  • #73,297
  • Edited 3:58pm Aug 9, 2020 3:36pm | Edited 3:58pm
I am ready for the new week... will focus on EurUsd and EurJpy trades ... wait to see this week may bring
Currently EU and EJ still have mix singals.. once H4 reverses the trend, that will be easier for bears...
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  • #73,298
  • Aug 9, 2020 4:48pm Aug 9, 2020 4:48pm

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  • #73,299
  • Aug 9, 2020 5:09pm Aug 9, 2020 5:09pm
Quoting Boulder
https://youtu.be/_Wt666rV1IA
I see your getting a little more influenced by Jazz. Live is so much better.
those who can, do. those who cant, talk about those who can
  • #73,300
  • Aug 9, 2020 5:13pm Aug 9, 2020 5:13pm
Quoting Boulder
https://youtu.be/_Wt666rV1IA
Hey, pretty girl, but you could never take her out to get a decent meal because 1. she is mostly naked and 2. where exactly on that body would a steak sandwich fit???
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