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The Swamp

  • #99,721
  • Apr 21, 2022 11:30pm Apr 21, 2022 11:30pm
Quoting gatorinla
{quote} Gold: It took a week, not months for 1980. If its not closing above 1980.24.. It will end up at 1927 (1926.9) or back to 1873.57 {image}
gold has closed under 1980.24 for a while now.

It cant go to 1873.57 w/o passing 1915.xx. If it cant close below 1915.xx.. It will bounce to 1980.24 again. Or half way to it, then may try for 1915.xx again..1915.xx is a support. But it may fool some. Its a close support. Below it closed, it becomes a R
Quoting gatorinla
possible gold Long 1915.17. It needs to be watched. Possible reversal candle low will be the stop. If it closes below 1915.17 abort mission. If later it starts closing above, it may be a "go" again. Tp what your comfortable with. Potential tp 1956+. I will need to tweak this later. About 42$ tp. 1/2 is 21$. 1/4 10.5$. Good luck, I may be off the radar when it hits 1915. One can pend something there. Give or take the spread for entry. Entry may be closer to 1916. To blindly trade it. A few bucks s/l may be needed. It may be better to wait for the candles. You can zoom in on a 1 min or higher. Possible short at tp point 1956.xx after 1915.xx
those who can, do. those who cant, talk about those who can
  • #99,722
  • Apr 21, 2022 11:53pm Apr 21, 2022 11:53pm
Gold is waiting for May month FED rate hike of 50 bps
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  • #99,723
  • Apr 22, 2022 12:14am Apr 22, 2022 12:14am
Quoting DMA Trader
AUD is getting murdered 300 pips from high EA even more from bottom . may have to do something with China, USD/CNY also very strong in the last days
I was shooting fot 300 pips on the ea. But will settle for less. 4774 needs to be closed above, so does 4801. I was targeting 4869/70+.
There is a chance 4774/4801 could reject some..

But i dont want to risk the ones I have for 70 more pips.
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those who can, do. those who cant, talk about those who can
  • #99,724
  • Apr 22, 2022 1:04am Apr 22, 2022 1:04am
Quoting gatorinla
{quote} gold has closed under 1980.24 for a while now. It cant go to 1873.57 w/o passing 1915.xx. If it cant close below 1915.xx.. It will bounce to 1980.24 again. Or half way to it, then may try for 1915.xx again..1915.xx is a support. But it may fool some. Its a close support. Below it closed, it becomes a R {quote}
fyi
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  • #99,725
  • Apr 22, 2022 1:19am Apr 22, 2022 1:19am
Quoting Boulder
{quote} fyi {image}
For shits and giggles. I put a pending AUD long at .7317 in the hope .7315 gives a bounce to your 0.75 to tp. A EU run to 0925 is about what the LC higher close suggest.

Still need the close above 0848 to move it. She has tested it the past few hs..
those who can, do. those who cant, talk about those who can
  • #99,726
  • Apr 22, 2022 3:36am Apr 22, 2022 3:36am
Quoting Boulder
{quote} fyi {image}
CAD has been hit hard.
but all of them
now GU 1.29 - wow

EU di break 830 - not short rally if we have them
Rule No.1: Never lose money. Rule No.2: Market is always right !
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  • #99,727
  • Apr 22, 2022 3:51am Apr 22, 2022 3:51am
Kakaya Putin...
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I am who I am
  • #99,728
  • Apr 22, 2022 4:02am Apr 22, 2022 4:02am
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  • #99,729
  • Apr 22, 2022 5:08am Apr 22, 2022 5:08am
so i am not doing much
while i got some shorts
i also took some losses on eu - longs

positive for the day but if moves goes lower. on risk i may go negative - probably today being friday thinks will be ok

but next week i may lose some money, trades are extrem imo -

i feel like the market has some new information - the selloff and the fakeout yesterday from my experience means something is cooking while we all think of Powel and inflation .

i would be sure it's something war related but gold is going down
Rule No.1: Never lose money. Rule No.2: Market is always right !
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  • #99,730
  • Apr 22, 2022 5:10am Apr 22, 2022 5:10am
Quoting DMA Trader
so i am not doing much while i got some shorts i also took some losses on eu - longs positive for the day but if moves goes lower. on risk i may go negative - probably today being friday thinks will be ok but next week i may lose some money, trades are extrem imo - i feel like the market has some new information - the selloff and the fakeout yesterday from my experience means something is cooking while we all think of Powel and inflation . i would be sure it's something war related but gold is going down
so i really find it hard to short EU here, below 800
but anything can happen for example GU dumping 100 pips without a reason
GU is more sesintive to Market. so leading just like USD CAD a lot of times

maybe something is changed.

we already knew about FED 0.5% so i don't think it's that
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Rule No.1: Never lose money. Rule No.2: Market is always right !
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  • #99,731
  • Apr 22, 2022 5:14am Apr 22, 2022 5:14am
Quoting DMA Trader
{quote} so i really find it hard to short EU here, below 800 but anything can happen for example GU dumping 100 pips without a reason GU is more sesintive to Market. so leading just like USD CAD a lot of times maybe something is changed. we already knew about FED 0.5% so i don't think it's that {image}
so i am making money while taking loses on bad position

had a very good week - and actually all month. so i am not really stressed about taking all loss at a time can work around it and scale out with patience

i still have another 3 lots on EUR usd long - ut if we hit 700 or lower it will be bigger loss since i will have a hard time selling against.

i also know there is a support here i can wait one year no problem even with parity

but once my target is made i am taking losses with no problem.

i had also very bad entry this days i was suppose to just study earnings not to trade. but some of the moves were easy at least that's what i was thinking at the time
Rule No.1: Never lose money. Rule No.2: Market is always right !
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  • #99,732
  • Apr 22, 2022 5:20am Apr 22, 2022 5:20am
Kakaya Russia...
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I am who I am
  • #99,733
  • Apr 22, 2022 5:24am Apr 22, 2022 5:24am
GJ finnaly coming down but it broke my supper sensitive level near 166.5
i will look to see where i close that long because i wanted more than i said it's enogh

my stop would have taken 166 out - now it's 165.4


i found the trade

so honestly i close it "by gut feeling" not being disciplined enogh on the same spot my stop would have take it out

i would say i was not disciplined with my strategy but usually it's not always perfect - sometimes the dumb headlines would have taken out earlier

Dragon in my system goes almost perfect but it's very wide on stops but i think on my system it's one of the perfect trades that goes -
yet here i always goes with stops and lower positions
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Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #99,734
  • Apr 22, 2022 5:28am Apr 22, 2022 5:28am
Gator has a way of taking stops difrerent. but it ducks up my system - because he also trades differently

over the years mine works really good

but like i said many times. for me the edge is actually MM - there is no way you can trade like me and have a big leverage.


i guess another improvement i didn't really tested. is going the same opening bigger positions with tight stops.
it may have a better results but i will have to put more time into it

it's actually the ones that try to take smaller accounts of 5000 - 10.000 30.0000 to bigger amounts
i know it can be done maybe after earning i will try to see hot it goes.

the difference on my trading would be instead of taking smaller trades and don't use leverage

u use big position with tight stops. I'll try after earnings. just to see if i can improve my system overall .
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #99,735
  • Apr 22, 2022 5:35am Apr 22, 2022 5:35am
anyway i put this on just if anyone can tell something please do.

i feel like i can only make one improvement. to my system over the years i am not sure i can add anything else.

i may try it even if i don't have time.

but can;t stay focus. i may post the results so on a smaller account with bigger trades but stops is place.

and then you also have 2 ways

1 trade against trend with stops
2 - tade only on trend with stops

the second one may have some edge over the months . will see maybe i will try on 2 separate accounts.

i am not sure if Gator is getting big - when he is right or if he's actually trading many trades on a minute chart - but not big positions

because for a snowball stragety on a minute time not sure i have the time and discipline
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #99,736
  • Apr 22, 2022 5:36am Apr 22, 2022 5:36am
gold got hit
took so little on that move

may be a dollar story not a war. that means dollar is about to go down. just a feeling not trading yet the idea
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #99,737
  • Apr 22, 2022 5:42am Apr 22, 2022 5:42am
Quoting DMA Trader
gold got hit took so little on that move may be a dollar story not a war. that means dollar is about to go down. just a feeling not trading yet the idea
so dollar goes strong until FED meeting there is going the be a huge rally then
seems easy - maybe before who knows
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #99,738
  • Apr 22, 2022 5:45am Apr 22, 2022 5:45am
Quoting DMA Trader
Gold 1950 very strange so stable during so many CBS comments about rate hikes 1960 big R - maybe a good level to short ? above gets bullish again
here again same story CB's

we have 3 ugly monthly candles on gold
maybe the top is in ?

1900 area probably in the cards now
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #99,739
  • Apr 22, 2022 6:04am Apr 22, 2022 6:04am
830 now resistance let's see
Rule No.1: Never lose money. Rule No.2: Market is always right !
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  • #99,740
  • Apr 22, 2022 6:14am Apr 22, 2022 6:14am
Quoting DMA Trader
830 now resistance let's see
48 minutes to close above 835 level - that would be bullish or at least a bottom of the range is ok

Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
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