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The Swamp

  • #73,421
  • Aug 11, 2020 2:44pm Aug 11, 2020 2:44pm
Quoting gatorinla
{quote} I have a pending ej long at 124.30 for almost a week now.
Dow gave back all gain today from +300 points to red atm.. risk off mood... gold and silver big sale off too....AJ started to go....
  • #73,422
  • Aug 11, 2020 5:36pm Aug 11, 2020 5:36pm
Quoting gatorinla
{quote} 31 was hit.. if 21 is hit I will change pending entry or cancel.
1721 wasn't hit,, raised pending to 1766..not sure if i should done 1818 instead..

same r 1752/53ish 1758/59 1770

earlier i dint post my long 1723,,still there in case 1721 hits.. i'm still respecting 1714 and bulls
those who can, do. those who cant, talk about those who can
  • #73,423
  • Aug 11, 2020 9:08pm Aug 11, 2020 9:08pm
Quoting gatorinla
{quote} 1721 wasn't hit,, raised pending to 1766..not sure if i should done 1818 instead.. same r 1752/53ish 1758/59 1770 earlier i dint post my long 1723,,still there in case 1721 hits.. i'm still respecting 1714 and bulls
in long 1721.. not a u.s account.. I can hedge if need be.. I think the week may end up red.. but it may be stuck 1714/75 range. Since month week and day are still bullish. bears need a day close below 1714
those who can, do. those who cant, talk about those who can
  • #73,424
  • Aug 11, 2020 9:56pm Aug 11, 2020 9:56pm
if xauusd let her to go she is bullish...but if breaks below 1.1720 quick drop to 1.55X main trend line.
  • #73,425
  • Aug 11, 2020 11:20pm Aug 11, 2020 11:20pm
Quoting gellowmellow
EU still bullish with H4s start making wicks.
Been trending above H4 kumo since beginning July, might enter soon at 181x - just first sign of exhaustion.
EU been trading inside H4 kumo since it entered, last 3 H4s closed outside below.
Current H4 candle high at 1741, didn't touch kumo 1745 - good for bears.
H4 might start trending down from here but 1680-1700 is a good support to beat.
Eyeing H4s on SMA100 for now, been shorting from above but would try some longs around 1700.

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Similarly, DX has this R to beat.

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Peace is more valuable than success.
LifeDrifts v1 [automated] All Time Return: -0.1%
  • #73,426
  • Aug 11, 2020 11:28pm Aug 11, 2020 11:28pm
Quoting gatorinla
{quote} in long 1721.. not a u.s account.. I can hedge if need be.. I think the week may end up red.. but it may be stuck 1714/75 range. Since month week and day are still bullish. bears need a day close below 1714
weekly LC was Lower, Prolly going Down for a retest of Last Week low then UP to RU R2
if it breaks last weeks low then DOWN from RU R2 if not then continue UP
In both scenario I think Ru R2 minimal
A good trader follows his rules, but great trader knows when to break them
  • #73,427
  • Aug 12, 2020 12:30am Aug 12, 2020 12:30am
Quoting Mitiblotch
{quote} Good! Beautiful red engulfing candle on the 4hr. 1714 should be in sight.
1714 hit. TP and out.
  • #73,428
  • Aug 12, 2020 12:47am Aug 12, 2020 12:47am
Was short then didnt like PA and flipped.
Eurusd
Bullish candle on 1 hr if it closes.

Targeting 340 levels. Need 250 to give. Entered in on lower trendline 175. Lets see if it works. Tight stops below 17
There is no royal road to anything.
  • #73,429
  • Aug 12, 2020 1:16am Aug 12, 2020 1:16am
Just wait and short at US open.
  • #73,430
  • Aug 12, 2020 1:20am Aug 12, 2020 1:20am
Took her out.
Will watch 365 and see if there is another trade to be done.

No real views yet.
There is no royal road to anything.
  • #73,431
  • Aug 12, 2020 2:02am Aug 12, 2020 2:02am
Yesterday played out cleanly enough - Let's see what today brings..
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  • #73,432
  • Aug 12, 2020 2:15am Aug 12, 2020 2:15am
EUR/USD Forecast: Breaking double-bottom looks near as bulls yield ground, inflation eyed https://www.fxstreet.com/analysis/eu...paign=analysis
  • #73,433
  • Aug 12, 2020 3:14am Aug 12, 2020 3:14am
Quoting gatorinla
{quote} 1721 wasn't hit,, raised pending to 1766..not sure if i should done 1818 instead.. same r 1752/53ish 1758/59 1770 earlier i didnt post my long 1723,,still there in case 1721 hits.. i'm still respecting 1714 and bulls
now at 1751, the other 1741. atm pa sits between the 2. bears still need to dot the i's and cross t's. No drop w/o a day close -1714. 8 green week candles are hard. -1775 week close, keeps it at 7. sweet spot, 1714/75.It can reach 1818 before closing below 1775. or just make 8 weeks green.
those who can, do. those who cant, talk about those who can
  • #73,434
  • Edited 3:45am Aug 12, 2020 3:34am | Edited 3:45am
You see this divergence plus some big W pattern there? It isn't something I want to short again until it exhausts the top. Also I cannot buy here. So, no trade.
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  • #73,435
  • Edited 3:51am Aug 12, 2020 3:38am | Edited 3:51am
Quoting gatorinla
{quote} now at 1751, the other 1741. atm pa sits between the 2. bears still need to dot the i's and cross t's. No drop w/o a day close -1714. 8 green week candles are hard. -1775 week close, keeps it at 7. sweet spot, 1714/75.It can reach 1818 before closing below 1775. or just make 8 weeks green.
if today closes above 1753. I think 1813 will come. Bears need -1714. I'm still targeting 1.22..maybe 1975/2057 could retrace some later.
those who can, do. those who cant, talk about those who can
  • #73,436
  • Aug 12, 2020 3:50am Aug 12, 2020 3:50am
Took short 490. Think we need to at least test 350 - 400 again to see where we stand.

*Edited* 445 - 470 needs to give.
There is no royal road to anything.
  • #73,437
  • Aug 12, 2020 3:51am Aug 12, 2020 3:51am
I took short at 1748 here/// lets see... H1 and H4 can hold the downtrend...
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  • #73,438
  • Aug 12, 2020 4:00am Aug 12, 2020 4:00am
Quoting Boulder
I took short at 1748 here/// lets see... H1 and H4 can hold the downtrend... {image}
Godspeed. Any targets in mind? Or letting it run?
There is no royal road to anything.
  • #73,439
  • Aug 12, 2020 4:01am Aug 12, 2020 4:01am
Quoting Mitiblotch
You see this divergence plus some big W pattern there? It isn't something I want to short again until it exhausts the top. Also I cannot buy here. So, no trade. {image}
Yep, I'm in much the same camp as you for now
  • #73,440
  • Aug 12, 2020 4:11am Aug 12, 2020 4:11am
Quoting Leinadgnow
{quote} Godspeed. Any targets in mind? Or letting it run?
try to TP day range low 1650s... will close the short if H1 reverses to uptrend...H1 downtrend stop 1772 atm...
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