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The Swamp

  • #74,741
  • Sep 16, 2020 10:32am Sep 16, 2020 10:32am
Quoting Boulder
{quote} I short 1.30.. may add 1.3050... not sure its a good move... probably give back all the cable profit that I made last a couple of days.....lol... then I will swear that I never trade cable again...
if it closes today above 2998. your chances decrease. below 2998 day, and usd +93.07 close and u may make a few. 2972 is first 1h s.. 30 min at 2962/60..37 another..
LC: gbp higher, eu lower, usd lower
those who can, do. those who cant, talk about those who can
  • #74,742
  • Edited 10:46am Sep 16, 2020 10:34am | Edited 10:46am
Quoting gatorinla
{quote} if it closes today above 2998. your chances decrease. below 2998 day, and usd +93.07 close and u may make a few. 2972 is first 1h s.. 30 min at 2962/60..37 another..
I flat the trade at 12996.. no need to watch cable.... Focus on Eur instead... made close to 150 pips today on Eur already...
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  • #74,743
  • Sep 16, 2020 10:46am Sep 16, 2020 10:46am
Quoting Boulder
{quote} I flat the trade at 12996.. no need to watch cable.... Focus on Eur instead... made close to 150 pips today on Eur already...
its fomc.. if usdx today closes above 93.06 bullish, if not its bearish. Fomc should last till the 91.7 support, if bearish or more/If usdx is bullish, eu could close the week below 1795, .. maybe day below 1714 this week. This is the dark period. Fresh panties may be needed after.
those who can, do. those who cant, talk about those who can
  • #74,744
  • Sep 16, 2020 10:49am Sep 16, 2020 10:49am
Quoting gatorinla
{quote} its fomc.. if usdx day closes above 93.06 bullish, if not its bearish. Fomc should last till the 91.7 support if bearish or more/If usdx bullish, eu could close the week below 1795, .. maybe day below 1714 this week. This is the dark period.
I held 2 times more shorts than longs in my IcMarket account....lets see what fomc will bring.. I will get on the train if this wants to go north...
  • #74,745
  • Sep 16, 2020 10:55am Sep 16, 2020 10:55am
Quoting Boulder
{quote} I flat the trade at 12996.. no need to watch cable.... Focus on Eur instead... made close to 150 pips today on Eur already... {image}
regret...
  • #74,746
  • Sep 16, 2020 11:21am Sep 16, 2020 11:21am
Quoting Boulder
{quote} regret...
i figured it would test 2972 (1h support) or deeper
those who can, do. those who cant, talk about those who can
  • #74,747
  • Sep 16, 2020 11:27am Sep 16, 2020 11:27am
Quoting gatorinla
{quote} i figured it would test 2972 (1h support) or deeper
I should not trade cable with Eur mentality..... Eur barely moves most of the time...
  • #74,748
  • Sep 16, 2020 11:42am Sep 16, 2020 11:42am
https://www.federalreserve.gov/live-broadcast.htm
2:30 est
The opening minutes before the bots pickup let everyone know 1 minute before its posted
Also when viewing nonfarm same deal...
  • #74,749
  • Sep 16, 2020 11:43am Sep 16, 2020 11:43am
Quoting Boulder
{quote} I should not trade cable with Eur mentality..... Eur barely moves most of the time...
count to 5 before trading it..
Inserted Video
those who can, do. those who cant, talk about those who can
  • #74,750
  • Sep 16, 2020 11:59am Sep 16, 2020 11:59am
Quoting Boulder
{quote} I should not trade cable with Eur mentality..... Eur barely moves most of the time...
All bullish on the eu to me to this point. Close the day below 1772,36,14, and I will take notice. The week below 1795 closed. The day,-1736, -1714 closed. And I'm bearish. Pa can do it all Friday. Until then, bulls are in control.
those who can, do. those who cant, talk about those who can
  • #74,751
  • Sep 16, 2020 12:01pm Sep 16, 2020 12:01pm
Quoting gatorinla
{quote} i figured it would test 2972 (1h support) or deeper
2972/73 should come according to 15 min, 15min support at 2962
those who can, do. those who cant, talk about those who can
  • #74,752
  • Sep 16, 2020 12:37pm Sep 16, 2020 12:37pm
A few levels I will be watch over FOMC:
For resistance: 1919 then 1965
For Support 1780, 1762 then 1754

expect either exit longs or shorts at those levels or fade the move...
  • #74,753
  • Sep 16, 2020 12:53pm Sep 16, 2020 12:53pm
Quoting Boulder
A few levels I will be watch over FOMC: For resistance: 1919 then 1965 For Support 1780, 1762 then 1754 expect either exit longs or shorts at those levels or fade the move...
if it breaks down there. it may be the real deal. up still has to close a day 1935.5+ 1838.x+ 1987.x +,,
those who can, do. those who cant, talk about those who can
  • #74,754
  • Sep 16, 2020 12:55pm Sep 16, 2020 12:55pm
Quoting gatorinla
{quote} if it breaks down there. it may be the real deal. up still has to close a day 1935.5+ 1838.x+ 1987.x +,,
real deal is day close below 1760.. day uptrend stop.. which it has 99 days running already...
  • #74,755
  • Sep 16, 2020 1:09pm Sep 16, 2020 1:09pm
Quoting Boulder
{quote} real deal is day close below 1760.. day uptrend stop.. which it has 99 days running already...
i think so.. -1773 is a b/o, but 1736 and 1714 needed closer too. 1795/1813 has some support..
those who can, do. those who cant, talk about those who can
  • #74,756
  • Sep 16, 2020 1:12pm Sep 16, 2020 1:12pm
In
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A good trader follows his rules, but great trader knows when to break them
  • #74,757
  • Sep 16, 2020 1:12pm Sep 16, 2020 1:12pm
it hit that support.. it may break down after bounce..
those who can, do. those who cant, talk about those who can
  • #74,758
  • Sep 16, 2020 1:15pm Sep 16, 2020 1:15pm
usdx 4h close above 93.07 may be enough time after news to trust.
those who can, do. those who cant, talk about those who can
  • #74,759
  • Sep 16, 2020 1:17pm Sep 16, 2020 1:17pm
see if 1837 starts resisting or not.
those who can, do. those who cant, talk about those who can
  • #74,760
  • Sep 16, 2020 1:22pm Sep 16, 2020 1:22pm
Quoting gatorinla
see if 1837 starts resisting or not.
IcMarkets and lmax both freeze during all those crazy moves.. I had to use my phone to exit trades...
now I have to deal with two headaches...
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