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The Swamp

  • #73,581
  • Aug 14, 2020 8:40am Aug 14, 2020 8:40am
Quoting ill_be_back
{quote} Maybe LC will be Higher NY will bring it DOWN to give us that RED weekly candle Next week UP again
LC did close higher. The highest week close this year. Another bullish sign.
those who can, do. those who cant, talk about those who can
  • #73,582
  • Aug 14, 2020 8:47am Aug 14, 2020 8:47am
Quoting BearingBull
{quote} only if they could move the market or provide liquidity
True.
  • #73,583
  • Edited 9:01am Aug 14, 2020 8:49am | Edited 9:01am
Quoting gatorinla
{quote} I'm still gonna respect 1714 personally.

Thanks for pointing out this level whole week mate, saved me a bunch of trouble

Was planning to stay short till 1.1650s at least..
  • #73,584
  • Aug 14, 2020 8:58am Aug 14, 2020 8:58am
Quoting 1candlepower
{quote} True.
and commenters like to compare retail to a pimple on an elephant's ass, but 1) during BREXIT, a special time, daily retail FX volume reached 325+ BILLION (out of 2 trillion... not a pimple) and covid-19 is a special time; 2) the primary alleged reason for the retail FIFO rule is that it is needed to promote volatility (but it's a pimple!)

In the last 2-3 months, something has changed. In another 2-3 months things'll probably go back to the way they where before.
  • #73,585
  • Aug 14, 2020 9:07am Aug 14, 2020 9:07am
Quoting Connors
{quote} Thanks for pointing out this level whole week mate, saved me a bunch of trouble Was planning to stay short till 1.1650s at least..
A loud mouth man walks in the pub. He claims he can "mop the floor with any man in the place". In a dark corner. Sits a quiet man sipping on his beer.

The question to ask is, "what type of beer is it?" Tap or bottle?
those who can, do. those who cant, talk about those who can
  • #73,586
  • Aug 14, 2020 9:33am Aug 14, 2020 9:33am
Quoting Connors
{quote} Thanks for pointing out this level whole week mate, saved me a bunch of trouble Was planning to stay short till 1.1650s at least..
it cant go much higher w/o 1877 day close. The same today, with 1784. Don't get me wrong, I'm bullish. But saying your gonna kick someones ass, and doing it. Is not a certain outcome.

I can wait for the fight, and pick the pocket of the loser.

Between 1877 and 1714, the outcome is not certain. Near one may have some good r/r.
those who can, do. those who cant, talk about those who can
  • #73,587
  • Aug 14, 2020 9:52am Aug 14, 2020 9:52am
the 4h will close in 9 min. if above 1849 it destined to rise some. below 1848 R it may not.
Attached Image
those who can, do. those who cant, talk about those who can
  • #73,588
  • Aug 14, 2020 10:03am Aug 14, 2020 10:03am
Quoting gatorinla
the 4h will close in 9 min. if above 1849 it destined to rise some. below 1848 R it may not. {image}
holding this time.. restart the 4h clock
Attached Image
those who can, do. those who cant, talk about those who can
  • #73,589
  • Aug 14, 2020 11:05am Aug 14, 2020 11:05am
30 min engulfed bear, stops can be 1851+ spread.
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those who can, do. those who cant, talk about those who can
  • #73,590
  • Aug 14, 2020 11:16am Aug 14, 2020 11:16am
Quoting 1candlepower
{quote} My guess: it goes to the moon by noon (oh - that would be noon MDT (my time) ... 2pm EST)
okay, no moon by noon. but upper tl of 4h trend channel rising from 8.12 would allow 1897 for last cndl of the week. that would be sort of moon-like
  • #73,591
  • Aug 14, 2020 11:55am Aug 14, 2020 11:55am
2 hs to go..-1784??
those who can, do. those who cant, talk about those who can
  • #73,592
  • Aug 14, 2020 12:01pm Aug 14, 2020 12:01pm
15 min close below 1837.5 could start it.
those who can, do. those who cant, talk about those who can
  • #73,593
  • Aug 14, 2020 12:06pm Aug 14, 2020 12:06pm
up to date purple 15 min.
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those who can, do. those who cant, talk about those who can
  • #73,594
  • Aug 14, 2020 12:13pm Aug 14, 2020 12:13pm
Quoting gatorinla
up to date purple 15 min. {image}

yeah bounce bounce on 15 min now for some hours. Sp500 is dropping now but 15 min resisting.. either now up or free fall?
  • #73,595
  • Aug 14, 2020 12:18pm Aug 14, 2020 12:18pm
Quoting gatorinla
15 min close below 1837.5 could start it.
first step in an seemingly impossible journey.
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those who can, do. those who cant, talk about those who can
  • #73,596
  • Aug 14, 2020 12:33pm Aug 14, 2020 12:33pm
Quoting gatorinla
{quote} first step in an seemingly impossible journey. {image}
If there's one thing I've learned with FX, anything can happen and I never say definitely or guaranteed.
A fool and his money are easily parted
  • #73,597
  • Aug 14, 2020 12:53pm Aug 14, 2020 12:53pm
Quoting MozzChops
{quote} If there's one thing I've learned with FX, anything can happen and I never say definitely or guaranteed.
next week could be the same "ground hog day". 9 weeks green are hard too.
Inserted Video
those who can, do. those who cant, talk about those who can
  • #73,598
  • Aug 14, 2020 1:01pm Aug 14, 2020 1:01pm
Quoting gatorinla
{quote} next week could be the same "ground hog day". 9 weeks green are hard too. https://www.youtube.com/watch?v=GncQtURdcE4
Agreed. I'm short and have been last 2 weeks. It's just a game of probabilities. A little over 1.20 and I'm wrong. Until then I sit on my hands...
A fool and his money are easily parted
  • #73,599
  • Aug 14, 2020 1:18pm Aug 14, 2020 1:18pm
closed my short -1.5, it didnt look like it was moving.
those who can, do. those who cant, talk about those who can
  • #73,600
  • Aug 14, 2020 1:31pm Aug 14, 2020 1:31pm
wow..another week they loaded up EU.. I am speechless...I have never seen so extreme...
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