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The Swamp

  • #84,381
  • Apr 26, 2021 8:41am Apr 26, 2021 8:41am
Quoting DMA Trader
{quote} We are trading 52K - support was bought and on a 5M chart we never look back price now trading bullish near 1st fibo retrace from low to high i think it will be healthy to test 51K and the another leg up to 55K daily resistance ETH trades way better, 2100 strong support i think we go to Ath today/tomorrow 2.26 {image}

Morning,
Crypto's up big
Dollar getting some strength
going long EU 2060 missed the entry
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #84,382
  • Apr 26, 2021 8:50am Apr 26, 2021 8:50am
Quoting DMA Trader
{quote} nice setup here {image}
taking some profits in cad
Attached Image (click to enlarge)
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Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #84,383
  • Apr 26, 2021 9:01am Apr 26, 2021 9:01am
Quoting DMA Trader
{quote} Morning, Crypto's up big Dollar getting some strength going long EU 2060 missed the entry
Crypto is being a roller coaster this days (as always!)... this week I'm sticking with my conservative USD/GBP plan...

Cheers from SGP!
  • #84,384
  • Apr 26, 2021 3:36pm Apr 26, 2021 3:36pm
Quoting gatorinla
{quote} My 12h is showing drop flow stalled, 8h and 4h showing the bottom was put in. At least for a little while. Day and week still point down. I placed a pitchfork on it. In a uptrend the center may be a bottom. The low is a day support and pitchfork center. Time will tell. A bottom indication on a 12 is strong. Still need that confirmation. The only way to get it is a rise. The 1h is showing it could drop some, and it has. Its testing a lighter support. I was surprised to miss 51,692 R. It came close. I will not be surprised to see it happen...
12 h did flip and the day is near flipping. However the 4h, 3h, 2h. is nearing a drop in flow zone. Possible buy 50,6xx if the atm high holds. Other possible supports are on the chart. The 1h already hit its reverse flow area.
Attached Image (click to enlarge)
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those who can, do. those who cant, talk about those who can
  • #84,385
  • Apr 26, 2021 3:40pm Apr 26, 2021 3:40pm
Quoting gatorinla
{quote} 12 h did flip and the day is near flipping. However the 4h, 3h, 2h. is nearing a drop in flow zone. Possible buy 50,6xx if the atm high holds. Other possible supports are on the chart. The 1h already hit its reverse flow area. {image}
Yesterday's low was not a lower low using IC markets.
Attached Image (click to enlarge)
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those who can, do. those who cant, talk about those who can
  • #84,386
  • Apr 26, 2021 3:54pm Apr 26, 2021 3:54pm
Quoting gatorinla
{quote} Yesterday's low was not a lower low using IC markets. {image}
Don't really get it, want do you mean?

Certainly I'm not at expert, but do that make a (good o bad) difference?
  • #84,387
  • Edited 4:25pm Apr 26, 2021 4:15pm | Edited 4:25pm
Quoting gatorinla
{quote} 12 h did flip and the day is near flipping. However the 4h, 3h, 2h. is nearing a drop in flow zone. Possible buy 50,6xx if the atm high holds. Other possible supports are on the chart. The 1h already hit its reverse flow area. {image}
Yesterday's low, was not a lower low, using IC markets.
Attached Image (click to enlarge)
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those who can, do. those who cant, talk about those who can
  • #84,388
  • Apr 27, 2021 7:05am Apr 27, 2021 7:05am
In
Will get OUT if a new HIGH
Attached Image (click to enlarge)
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A good trader follows his rules, but great trader knows when to break them
  • #84,389
  • Apr 27, 2021 9:05am Apr 27, 2021 9:05am
Quoting marshallanda
{quote} Don't really get it, want do you mean? Certainly I'm not at expert, but do that make a (good o bad) difference?
12h and day were showing a bottom. Meaning the smaller time frames pullback would be limited. Find a support to consider a long, was the meaning. 55,587 may be best to see what happens. With the day and 12 lined up. Pressing above it looks doable. It may be support if it starts closing above. Or R if it can't climb above.
those who can, do. those who cant, talk about those who can
  • #84,390
  • Apr 27, 2021 9:48am Apr 27, 2021 9:48am
Quoting gatorinla
{quote} 12h and day were showing a bottom. Meaning the smaller time frames pullback would be limited. Find a support to consider a long, was the meaning. 55,587 may be best to see what happens. With the day and 12 lined up. Pressing above it looks doable. It may be support if it starts closing above. Or R if it can't climb above.
Hey man, thanks for replying, and taking the time to explain!
I'm still impressed of knowledge share in these forums!

Regards, Darion.
  • #84,391
  • Apr 28, 2021 3:12am Apr 28, 2021 3:12am
Quoting DMA Trader
{quote} good to see you back
3 days
only eur/usd trade
removing dust from the mind.
Gross Profit: 649.90
Gross Loss: 67.50
Total Net Profit: 582.40
Profit Factor: 9.63 Expected Payoff: 25.32

Absolute Drawdown: 0.00
Maximal Drawdown: 41.50 (5.58%)
Relative Drawdown: 5.58% (41.50
Total Trades: 23
Short Positions (won %): 11 (81.82%)
Long Positions (won %): 12 (83.33%)
don't predict direction, but dance with flow of water
  • #84,392
  • Apr 28, 2021 3:19am Apr 28, 2021 3:19am
was try to use this method .
ICT - Mastering High Probability Scalping Vol. 1 of 3.
pure gold.
don't predict direction, but dance with flow of water
  • #84,393
  • Apr 28, 2021 9:07am Apr 28, 2021 9:07am
Quoting priceaction1
{quote} 3 days only eur/usd trade removing dust from the mind. Gross Profit: 649.90 Gross Loss: 67.50 Total Net Profit: 582.40 Profit Factor: 9.63 Expected Payoff: 25.32 Absolute Drawdown: 0.00 Maximal Drawdown: 41.50 (5.58%) Relative Drawdown: 5.58% (41.50 Total Trades: 23 Short Positions (won %): 11 (81.82%) Long Positions (won %): 12 (83.33%)
didn't do much

i think we are into a surprise from FED tonight. Lagarde is speaking now,
will try to do something tomorrow
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #84,394
  • Apr 28, 2021 11:59am Apr 28, 2021 11:59am
Quoting priceaction1
{quote} 3 days only eur/usd trade removing dust from the mind. Gross Profit: 649.90 Gross Loss: 67.50 Total Net Profit: 582.40 Profit Factor: 9.63 Expected Payoff: 25.32 Absolute Drawdown: 0.00 Maximal Drawdown: 41.50 (5.58%) Relative Drawdown: 5.58% (41.50 Total Trades: 23 Short Positions (won %): 11 (81.82%) Long Positions (won %): 12 (83.33%)
EU trades nice on bullish very bullish imo - and since FED will probably dovish again it just wait to break 1.21 to new highs
some chatter that they will talked about tapper, or give a hint they will reduce bond buying below 125B a month but i don't think it will happen

i rather think they will be dovish so they offset some of the fears with corporate tax going up.
Biden did talk about his Massive stimulus but markets didn't really moved so i think now Market wants more from the FED to go up on risk and sell usd.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #84,395
  • Apr 28, 2021 1:20pm Apr 28, 2021 1:20pm
Inserted Video
I am who I am
  • #84,396
  • Apr 28, 2021 1:37pm Apr 28, 2021 1:37pm
Quoting DMA Trader
{quote} EU trades nice on bullish very bullish imo - and since FED will probably dovish again it just wait to break 1.21 to new highs some chatter that they will talked about tapper, or give a hint they will reduce bond buying below 125B a month but i don't think it will happen i rather think they will be dovish so they offset some of the fears with corporate tax going up. Biden did talk about his Massive stimulus but markets didn't really moved so i think now Market wants more from the FED to go up on risk and sell usd.

More dovish than I expected. 1.22 next ?

SP500 4200 - NEW All time High
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #84,397
  • Apr 28, 2021 2:38pm Apr 28, 2021 2:38pm
Quoting DMA Trader
{quote} More dovish than I expected. 1.22 next ? SP500 4200 - NEW All time High
Powel was so dovish that even gold can go up now

With such a dovish FED could be a interesting year.

My guess (and usually this happens) that Biden will upset markets in a few hours.

There has to be a reason for seeing Powell so dovish when you have 1M jobs a month and high prices everywhere.

Crypto will be interesting also. i think we are prepared for new highs. in BTC ETH and others
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #84,398
  • Apr 28, 2021 3:58pm Apr 28, 2021 3:58pm
Quoting gatorinla
{quote} already above month and day average.. now pressing wk average. possible buy 1246/52 later. {image}
missed entry earlier..
those who can, do. those who cant, talk about those who can
  • #84,399
  • Apr 28, 2021 4:03pm Apr 28, 2021 4:03pm
Quoting Boulder
{quote} I didn't pay attention last a couple of days , Bitcoin day has reversed to downtrend, I would have booked more profits last two days.. . {image}
Make it $
Inserted Video
those who can, do. those who cant, talk about those who can
  • #84,400
  • Apr 28, 2021 7:25pm Apr 28, 2021 7:25pm
some eu R 2158 ish.. with some possible light buy support 208x/9x support.
Attached Image (click to enlarge)
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those who can, do. those who cant, talk about those who can
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