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The Swamp

  • #74,381
  • Sep 6, 2020 9:57pm Sep 6, 2020 9:57pm
Eu datapoints atm... watch for day uptrend stop... no doubt bulls will defend that level fiercely .. if you are bears.. be careful.. not be greedy when price approaches that level...
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  • #74,382
  • Edited 5:50am Sep 7, 2020 5:34am | Edited 5:50am
Quoting Boulder
Eu datapoints atm... watch for day uptrend stop... no doubt bulls will defend that level fiercely .. if you are bears.. be careful.. not be greedy when price approaches that level... {image}
maybe, 1795 is a big one. maybe not, they didnt touch 1859 (1851.4 day close need for bulls. ) on the bounce Friday. Today close -1821 support is step one, for bears. Later 1786, 1736, 1714. Friday -1795 and bears can be free. Until those closes, those are bounce areas. Bulls missed a test of smaller R 1859, when so close. Bullish at those supports, until proven with a close below. Don't trust bears near those supports, until those closes are met. 1714/1821 is a dangerous stretch. It may include 1690.
those who can, do. those who cant, talk about those who can
  • #74,383
  • Sep 7, 2020 5:41am Sep 7, 2020 5:41am
Quoting KiwiTrada
{quote} yep, markets been grinding sideways couple of three weeks, swissy could be on the move, au nu also gold and silver still grinding east gbp is taking a little hit at the moment, cable & geppy, quite a nice little earner, need the market to move, buyers need sellers and vice versa stamina rules, tonight could be the night for shake out??
stirling still taking hits, may it continue:-)
If you are new to Forex? Say Goodbye to your account!!
  • #74,384
  • Sep 7, 2020 5:58am Sep 7, 2020 5:58am
bears need a 15 min close below 1812, followed by a 1h below 1797 or more. a 4h below 1810. A day below 1821. Frog in a blender w/o a strong drop & day close, below 1714, and week -1795. bulls day 1852 close, brings bulls back. bears have to earn this. Chop chop. book some profits when able. they may disappear.
those who can, do. those who cant, talk about those who can
  • #74,385
  • Sep 7, 2020 6:07am Sep 7, 2020 6:07am
fyi..
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  • #74,386
  • Sep 7, 2020 6:16am Sep 7, 2020 6:16am
maybe some light r 1828, closing below 1h is still bear. R 1837 breaks with a close above 1838. Big azz supports day close 1821 1786 and so forth. NFP tested, bent but she didnt break. (yet)

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those who can, do. those who cant, talk about those who can
  • #74,387
  • Sep 7, 2020 6:30am Sep 7, 2020 6:30am
watching a news cast from April 6. Back then, 10k were dead in the U.S. The Keystone Cops F-ed this up. Its amazing to see how a bunch of dumbpucks killed 100's of K, and destroyed the economy with denial. And lack of response in real time. So many missteps, so many. Its too many to remember. The April 6 news, was dead on in April predictions.
those who can, do. those who cant, talk about those who can
  • #74,388
  • Sep 7, 2020 9:48am Sep 7, 2020 9:48am
Trump: Will be having a Labor Day News Conference today at the White House, 1:00 P.M. Jobs number, and the Economic comeback, are looking GREAT
  • #74,389
  • Sep 7, 2020 10:36am Sep 7, 2020 10:36am
it may not mean much atm. lc was below 1821 (NY day), but not below Friday's lc.
those who can, do. those who cant, talk about those who can
  • #74,390
  • Sep 7, 2020 11:16am Sep 7, 2020 11:16am
Quoting Boulder
fyi.. {image}
better? 4 million for the house. Is this more to your liking?
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those who can, do. those who cant, talk about those who can
  • #74,391
  • Sep 7, 2020 11:17am Sep 7, 2020 11:17am
Quoting gatorinla
{quote} I busted A this morning. {image}
you must be bored trading,,,,your brain running wild...
  • #74,392
  • Sep 7, 2020 11:25am Sep 7, 2020 11:25am
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A good trader follows his rules, but great trader knows when to break them
  • #74,393
  • Sep 7, 2020 12:06pm Sep 7, 2020 12:06pm
Quoting gatorinla
it may not mean much atm. lc was below 1821 (NY day), but not below Friday's lc.
a 4h close below 1821.. day needs close below for bears.. Even if that happens. It's a long road to close below 1714, week -1795. The next ecb news is still a wildcard Thursday.
those who can, do. those who cant, talk about those who can
  • #74,394
  • Sep 7, 2020 5:13pm Sep 7, 2020 5:13pm
Potential DXY Bear Flag on Daily TF
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  • #74,395
  • Sep 7, 2020 7:34pm Sep 7, 2020 7:34pm
Quoting gatorinla
bears need a 15 min close below 1812, followed by a 1h below 1797 or more. a 4h below 1810. A day below 1821. Frog in a blender w/o a strong drop & day close, below 1714, and week -1795. bulls day 1852 close, brings bulls back. bears have to earn this. Chop chop. book some profits when able. they may disappear.
day was closed below. 4h below 1810 may be good enough to test 1788 or 86. 1h/15 in 1797.. 4h closes in 25 min.

Quoting gatorinla
it may not mean much atm. lc was below 1821 (NY day), but not below Friday's lc.
Quoting gatorinla
a 4h close below 1821.. day needs close below for bears.. Even if that happens. It's a long road to close below 1714, week -1795. The next ecb news is still a wildcard Thursday.
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those who can, do. those who cant, talk about those who can
  • #74,396
  • Sep 7, 2020 8:18pm Sep 7, 2020 8:18pm
no 1h closes below this atm low tl since late July.
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those who can, do. those who cant, talk about those who can
  • #74,397
  • Sep 7, 2020 8:35pm Sep 7, 2020 8:35pm
Quoting gatorinla
no 1h closes below this atm low tl since late July. {image}
testing 1 1800 psych could be interesting, low data until thursday, could see a decent positioning plunge, gold possibly also watching monthly play candle out??
If you are new to Forex? Say Goodbye to your account!!
  • #74,398
  • Sep 7, 2020 8:41pm Sep 7, 2020 8:41pm
Quoting KiwiTrada
{quote} testing 1 1800 psych could be interesting, low data until thursday, could see a decent positioning plunge, gold possibly also watching monthly play candle out??
swissy weekly was bullish encompassing, seems to be playing out so far!!!
If you are new to Forex? Say Goodbye to your account!!
  • #74,399
  • Edited 9:06pm Sep 7, 2020 8:53pm | Edited 9:06pm
Quoting gatorinla
{quote} day was closed below. 4h below 1810 may be good enough to test 1788 or 86. 1h/15 in 1797.. 4h closes in 25 min. {quote} {quote} {image}
4h did close below 1810.. 1h/15 min to test 1797. next 4h at 1788 or 1786. Its hard to short into this support till a day close below 1714.. shorts here may be very volatile.
Long wise find a support.. the closes are needed for shorts. If not, it will bounce.. but if the 1h cant close above 1818... bears will continue short term. 4h 1837x.

Bears may require news Thursday on their side to continue.
those who can, do. those who cant, talk about those who can
  • #74,400
  • Sep 7, 2020 9:01pm Sep 7, 2020 9:01pm
new levels will follow as pa dictates. Pa is fluid.
those who can, do. those who cant, talk about those who can
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