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The Swamp

  • #73,881
  • Aug 20, 2020 10:33pm Aug 20, 2020 10:33pm
bulls may have 1-2 more pips in them. 1876/78 may be all they get. Before heading back to 1840
those who can, do. those who cant, talk about those who can
  • #73,882
  • Edited 11:12pm Aug 20, 2020 10:57pm | Edited 11:12pm
Quoting Blackopal
{quote} Good day to pick up EG bargains. I'm in .8970-74
Thats a good entry, but i think it might have to go a bit lower?
h4 is below sma 200 and cannot break up is alarming sign for me.... fundamentally im still bearish gbp, but Usually the divergence between fundamental and technical is a lot of opportunities hidden.

Anyway im not taking trade until next week, burnt my hand a bit hard past few weeks and currently travel out back to my home town, the city where i work gone under confinement after a new cluster of covid started mid july and cannot trace contact back to F0 (we had 99 days covid free for the record). New cases is now 359 in this city and few other cities have done the same. Past few weeks for me was very hard cause i could not go outside much. Only now the govt let people travel to their hometown when they have at least self quarantine for 2 weeks and got negative covid test.
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  • #73,883
  • Edited Aug 21, 2020 12:35am Aug 20, 2020 11:22pm | Edited Aug 21, 2020 12:35am
My chart shows weekly downtrend from July 2018 comes in currently at 1.1800. Friday last week closed the week above the trend line. Yesterday came within a couple of pips of touching it (retest) and bounced off with a long wick on the hourly. If we close this week above 1.1800 and below 1.1840 we get the red week close, and hold above the trend line. I'll be looking for an opportunity to long around 1.1810 - 20 tonight.
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  • #73,884
  • Aug 21, 2020 2:50am Aug 21, 2020 2:50am
Quoting Blackopal
{quote} Good day to pick up EG bargains. I'm in .8970-74
Even more a bargain now. now is a buy
  • #73,885
  • Aug 21, 2020 2:59am Aug 21, 2020 2:59am
Quoting gatorinla
bulls may have 1-2 more pips in them. 1876/78 may be all they get. Before heading back to 1840
we didn't talk about trades before... I didn't cash out my longs... but I did scratch shorts 1838 with a couple pips loss...
anyway.. I reload some longs here 1840s and plan to get rid of in a few hours..
option exry info today...
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  • #73,886
  • Aug 21, 2020 3:00am Aug 21, 2020 3:00am
Quoting TuTang
{quote} Even more a bargain now. now is a buy
Yes, I entered small. Just added some more
  • #73,887
  • Aug 21, 2020 3:01am Aug 21, 2020 3:01am
EU datapoints atm... bulls need to hold 1832 at hour close'
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  • #73,888
  • Aug 21, 2020 3:09am Aug 21, 2020 3:09am
Quoting Boulder
EU datapoints atm... bulls need to hold 1832 at hour close' {image}
We are going to test day stop today, i hope given we have not used weekly ADR and daily below average.
  • #73,889
  • Aug 21, 2020 3:17am Aug 21, 2020 3:17am
Quoting Boulder
{quote} we didn't talk about trades before... I didn't cash out my longs... but I did scratch shorts 1838 with a couple pips loss... anyway.. I reload some longs here 1840s and plan to get rid of in a few hours.. option exry info today... {image}
I had my heart set on 1793. That's why i was a little stubborn on the rise late yesterday evening. After 1793, I thought things may appear different.
those who can, do. those who cant, talk about those who can
  • #73,890
  • Aug 21, 2020 3:29am Aug 21, 2020 3:29am
Quoting Boulder
EU datapoints atm... bulls need to hold 1832 at hour close' {image}
testing H4 again.. 30 mins to go,,,,
  • #73,891
  • Aug 21, 2020 3:34am Aug 21, 2020 3:34am
Quoting gatorinla
{quote} I had my heart set on 1793. That's why i was a little stubborn on the rise late yesterday evening. After 1793, I thought things may appear different.
Its a bit of a stretch but I'm still looking at hitting its weekly S1. 51% chance ;-)
A fool and his money are easily parted
  • #73,892
  • Aug 21, 2020 3:37am Aug 21, 2020 3:37am
Quoting Boulder
EU datapoints atm... bulls need to hold 1832 at hour close' {image}
Bulls fought so hard for 1901. Finally closed above on day. Just to give it up the next day. I dont think the day will close above it or 1840. The old tl held yesterday. But it may not today. That could open up 1690. 2 things in the way. the old tl is in the way. A close below 1714 opens 1690. a close below 1690 opens a floor. All are support on the north side. The inability to hold 1901 has me curious. In all ponzi schemes you need fresh buyers.
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those who can, do. those who cant, talk about those who can
  • #73,893
  • Aug 21, 2020 3:43am Aug 21, 2020 3:43am
Quoting Boulder
{quote} testing H4 again.. 30 mins to go,,,,
your 4h may be in trouble.
those who can, do. those who cant, talk about those who can
  • #73,894
  • Aug 21, 2020 3:48am Aug 21, 2020 3:48am
The usdx was a a support a few days ago too. 1690 is a big number as support or if lost. When one zooms out
those who can, do. those who cant, talk about those who can
  • #73,895
  • Aug 21, 2020 3:52am Aug 21, 2020 3:52am
long 1804
  • #73,896
  • Edited 5:21am Aug 21, 2020 4:55am | Edited 5:21am
Quoting Blackopal
long 1804

Good entry, it may offer at least ca. 50 pips.
  • #73,897
  • Aug 21, 2020 5:46am Aug 21, 2020 5:46am
Quoting Connors
{quote} Good entry, it may offer at least ca. 50 pips.

It looked good for a while. Another here at 1785. It's done a 100 pips for the day....so far. I think it may finish above 1800, if not today, I'll hold for next week. I'll do my little bit to try to keep it above that weekly down trend.
  • #73,898
  • Aug 21, 2020 5:50am Aug 21, 2020 5:50am
Quoting Blackopal
{quote} It looked good for a while. Another here at 1785. It's done a 100 pips for the day....so far. I think it may finish above 1800, if not today, I'll hold for next week. I'll do my little bit to try to keep it above that weekly down trend.

Watching the hourly close. Above 1.1805 is bullish to me after this move.
  • #73,899
  • Aug 21, 2020 5:50am Aug 21, 2020 5:50am
Quoting Blackopal
{quote} It looked good for a while. Another here at 1785. It's done a 100 pips for the day....so far. I think it may finish above 1800, if not today, I'll hold for next week. I'll do my little bit to try to keep it above that weekly down trend.
The EURCAD is building a beautiful structure on Daily chart. Would be 500 pips run if it works out
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  • #73,900
  • Aug 21, 2020 6:15am Aug 21, 2020 6:15am
Quoting Connors
{quote} Watching the hourly close. Above 1.1805 is bullish to me after this move.

Yes, as long as the trend is up, I'll buy and hold the dips. Scalp shorts.
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