The Swamp | Page 4919 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #98,361
  • Mar 31, 2022 4:51am Mar 31, 2022 4:51am
Quoting DMA Trader
{quote} fast move 1.11 next.
long

will wait and add near 1.107 more ore less. tp 1.15 for now
Attached Image (click to enlarge)
Click to Enlarge Name: long 1_2.png Size: 3 KB
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #98,362
  • Mar 31, 2022 4:56am Mar 31, 2022 4:56am
Quoting DMA Trader
{quote} long will wait and add near 1.107 more ore less. tp 1.15 for now {image}
I will go all in on this for shorts...Good luck with your longs...
  • #98,363
  • Mar 31, 2022 5:01am Mar 31, 2022 5:01am
@boulder what time frame is this on eu pls
  • #98,364
  • Mar 31, 2022 5:06am Mar 31, 2022 5:06am
Quoting Boulder
{quote} I will go all in on this for shorts...Good luck with your longs...
i think we can see 1.109 and 1.107 even below it's hard

of course as we go down tp 1.115 is harder to get. maybe already newar 1.114
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #98,365
  • Mar 31, 2022 5:10am Mar 31, 2022 5:10am
Russians are shooting down their own aircraft. WTF. https://www.independent.co.uk/news/w...-b2047728.html
those who can, do. those who cant, talk about those who can
  • #98,366
  • Mar 31, 2022 5:15am Mar 31, 2022 5:15am
Quoting DMA Trader
what a run on EG. gonna short it
closed to early i think
Attached Image (click to enlarge)
Click to Enlarge Name: eg tp.png Size: 3 KB
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #98,367
  • Mar 31, 2022 5:16am Mar 31, 2022 5:16am
Quoting gatorinla
Russians are shooting down their own aircraft. WTF. https://www.independent.co.uk/news/w...-b2047728.html
"2nd Military in the world"

36 days into the 3 day war.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #98,368
  • Mar 31, 2022 5:19am Mar 31, 2022 5:19am
I may regret .. I long some Eur here 1105. and 1102. for some bounce
  • #98,369
  • Mar 31, 2022 5:45am Mar 31, 2022 5:45am
Quoting gatorinla
{quote} You will not see it till a close. This one could be large. A day may not be enough. A quarter should be. 1208 is larger. 1150 is what a lot of institutions are watching. A quarter close below 1208 and 1150 is probably bearish. Below 1088 is stronger. below 0966 stronger. Below 0921 stronger. Below 0898 is very strong. It most often returns to 1150. It has done that now. That's why it has a chance to drop to 1.0898 w/o much retrace during. That's why i said bulls need to close above it. And probably 1208.
It hasn't closed yet. 1088 is the one below 1208. North of 1088, it supports. Below 1088, it becomes R. Today is when it counts.
those who can, do. those who cant, talk about those who can
  • #98,370
  • Mar 31, 2022 5:48am Mar 31, 2022 5:48am
Quoting Mitiblotch
{quote} Yeah! I need 1080 at least. Let's see if it happens. Already almost 70 pips drop. Let 1150 begin to resist then I can get lower prices today.
Bears did it as foretold! Out of all shorts at 1089. There is a scripture verse in the Bible that says, "...the bitterness of death is past". I survived those stupid bulls and made good profit in my accounts.
  • #98,371
  • Mar 31, 2022 5:57am Mar 31, 2022 5:57am
Quoting gatorinla
{quote} It hasn't closed yet. 1088 is the one below 1208. North of 1088, it supports. Below 1088, it becomes R. Today is when it counts.
No secret. I think its in the process of dropping closer to 0.8017. 1088 testing. The next big one at 1.0835.5
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 8 KB
those who can, do. those who cant, talk about those who can
  • #98,372
  • Mar 31, 2022 6:05am Mar 31, 2022 6:05am
Quoting gatorinla
{quote} It hasn't closed yet.1088 is the one below 1208. North of 1088, it supports. Below 1088, it becomes R. Today is when it counts.
I bought some 1088..
  • #98,373
  • Mar 31, 2022 6:09am Mar 31, 2022 6:09am
If I am wrong about the drop this Q. 1088 could be the support. If this be the case. Bulls need to make that run 1150+ 1208+.

I stick with the drop bias personally. I can be wrong.
those who can, do. those who cant, talk about those who can
  • #98,374
  • Mar 31, 2022 6:11am Mar 31, 2022 6:11am
Quoting Boulder
I may regret .. I long some Eur here 1105. and 1102. for some bounce
Booked all longs,, sideline for now...
Attached Image (click to enlarge)
Click to Enlarge Name: _1.png Size: 26 KB
  • #98,375
  • Mar 31, 2022 6:14am Mar 31, 2022 6:14am
If 1088 does break today, it could drop hard. That Q support at 1034 is a point of interest 0966 maybe.. 0921 .. the next Q 0898. Big one 0835
those who can, do. those who cant, talk about those who can
  • #98,376
  • Mar 31, 2022 6:24am Mar 31, 2022 6:24am
Quoting Mitiblotch
{quote} Bears did it as foretold! Out of all shorts at 1089. There is a scripture verse in the Bible that says, "...the bitterness of death is past". I survived those stupid bulls and made good profit in my accounts.
i got both the upside
small on the downside and probably again to the upside


i think the problem is to many were shorting the bottom again
bear market rally's are incredible sometime and the fear of loosing big money is huge
so not sure how many bulls were. because cot still doesn't show a huge build

but we need to think all the points below are against EUR so any sane reason is to short it to parity.
we all know here markets doesn't work like this si i still think the short side is still overcrowded.

1 - Lagarde still doing nothing to flight inflation
2 - Ukraine-russia war is bad for Europe and UK - rather than USA
3 - When China/ USA slows down - Europe has flu - look at China data from today
4 - Europe may get stagflation faster than others
5 - Oil and gas - expensive for Europe

So no reason to buy euro right. that's exactly when this type of moves comes into play because not sure how many dumb bulls are but for sure there are a lot of dumb bears that shorted the pair like there is no tomorrow.

for me i suck at this type of ranges the bigger the worst
but for now i got really good being very flexible taking no bullish or bearish bias
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #98,377
  • Mar 31, 2022 6:32am Mar 31, 2022 6:32am
nice piece on FT on russia strategy
Attached Image (click to enlarge)
Click to Enlarge Name: lith.png Size: 77 KB
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #98,378
  • Mar 31, 2022 6:55am Mar 31, 2022 6:55am
Until a LL is made 1150 can pivot. A drop to 0990 could slam the door on 1088+. That would make 1150 harder to reach.

0995 could be some support protecting pa from reaching 0990.
those who can, do. those who cant, talk about those who can
  • #98,379
  • Mar 31, 2022 6:56am Mar 31, 2022 6:56am
Quoting DMA Trader
{quote} i got both the upside small on the downside and probably again to the upside i think the problem is to many were shorting the bottom again bear market rally's are incredible sometime and the fear of loosing big money is huge so not sure how many bulls were. because cot still doesn't show a huge build but we need to think all the points below are against EUR so any sane reason is to short it to parity. we all know here markets doesn't work like this si i still think the short side is still overcrowded. 1 - Lagarde still doing nothing to flight...
Good points! I actually was long the whole time as earlier posted and closed my last buys at 1100. And sold 1108, 1109, 1123, 1152, 1161. The 1108 and 1109 were shorts I erroneously entered before London open and paid the price of waiting for it to top. Lucky it fell back and I got out with profit on them all.

I have to get tougher with not entering trades before London, no matter how tempting it is. If I had waited for London yesterday, no how I would have shorted at the lower band of the 1100s. Glad it went fine in the end. Won't make that mistake again. Hopefully.

And I agree with you that at such low ranges such as 0900s, 0800s, this sort of spikes happen. We have to be nimble.
  • #98,380
  • Mar 31, 2022 7:11am Mar 31, 2022 7:11am
Quoting gatorinla
{quote} about 1107.55 is between. PA coming up on a 12h close. It looks like it will be below 1150.
this current bounce after reaching 1088 to this 1107 area. Makes me think the path is correct.
those who can, do. those who cant, talk about those who can
113 traders viewing now