The Swamp | Page 5056 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #101,101
  • May 29, 2022 5:31pm May 29, 2022 5:31pm
Quoting gatorinla
My day turned bullish on this close. Since the downtrend last summer this is the third time. This time being after testing 03xx low may be different. Of the last 3 times it made the last high, before dropping to a new LL. Of the 3 times it did that twice within 2 days of the day turning bullish. 1 of the times it took 5 days to that high. Of the 3 times the high went 40, 45 and 69 pips above the day making the trend change. Using this as a template. The close being 0691. The high later may be 0731/0760. I have 0767 as a level. Where the close side...
My day turned bullish on may 23 close. Friday was day 5. Within that past window time frame was 2 to 5 days (since last summer). A new high above 0765 would change this trend. A new lower low would kept it going. Will this trend fail, or will it be 4 in a row?

Today is day 6
those who can, do. those who cant, talk about those who can
  • #101,102
  • May 29, 2022 5:46pm May 29, 2022 5:46pm
Quoting gatorinla
{quote} closing below 0703, should follow through. 0731 should resist
St 0731 and 0703 are supports, But can be decisive if lost. This late in the month bears could run below 0642 and close below 055x. or 0506.8 and maybe 048x. Its bullish and those are supports. Keep a eye on 0731, Pa can be sneaky against the month clock. As long as 0765 is the high, A close below 0731 can be weakness.

Month range+ was reached already
those who can, do. those who cant, talk about those who can
  • #101,103
  • May 29, 2022 8:10pm May 29, 2022 8:10pm
U.S. holiday, 4h just closed below 0731.
those who can, do. those who cant, talk about those who can
  • #101,104
  • May 29, 2022 8:42pm May 29, 2022 8:42pm
Quoting gatorinla
U.S. holiday, 4h just closed below 0731.
4h under 0731 looks like BS.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 5 KB
those who can, do. those who cant, talk about those who can
  • #101,105
  • May 30, 2022 2:06am May 30, 2022 2:06am
Quoting gatorinla
{quote} That 080x is also mid candle body for April. 0767 is a R. but it can also serve as a level that needs to be closed above. It can give hints if a spike is rejected. 0835.5 can work that way too. Since pa is near the edge of multi decade lows. 0835.5 is important for close, Last month closed below it.
Alarm woke me. 0767/69 testing. Back to bed.-0751 1h closes now, may lead to 0705/06 st support. (-0705) closes may be bearish for 0542.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 5 KB
Click to Enlarge Name: screenshot.png Size: 4 KB
those who can, do. those who cant, talk about those who can
  • #101,106
  • May 30, 2022 2:26am May 30, 2022 2:26am
Quoting saninvestor
{quote} Holding 3 entries: 0694. 0715, 0732. See if it reach my targets: 0655, 0611, 0605
Patience is vital part of trade. day close above 0773 will make me to take the loss and quit. Otherwise I will hold them.
Trade to enjoy... Money is after!
  • #101,107
  • May 30, 2022 3:17am May 30, 2022 3:17am
Quoting gatorinla
{quote} Alarm woke me. 0767/69 testing. Back to bed.-0751 1h closes now, may lead to 0705/06 st support. (-0705) closes may be bearish for 0542. {image} {image}
A few here on the chart. any one having some merit if closed below. For most smaller time frames. The 12h is the larger close next h. a close below 0730 would engulf the 12 h.

The 1h did engulf, the 6h would engulf at 0733.

I figure 0767/69 has a chance to be a tough R. I don't know where it may end up. I thought it could top here. I may be wrong.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 4 KB
those who can, do. those who cant, talk about those who can
  • #101,108
  • May 30, 2022 3:28am May 30, 2022 3:28am
h4 tf to try hard respect limit 0735 hold the already bull status otherwise 0725 last limit to tank 0721 areas , as daily sr along with 0682 and 0669. sell at any high but limited targets at times only in scalping play .
anyway as assume this week can be smaller due fighting bull vs bear so targeting 50% fibs of last week to 0656! so no great daily moves more likely , be better areas scalping both ways safely. may 150 pips weekly ranges , and 20/30 pipos each trade be safe target as more ups and down likely to comes up full week arounds . and again and monthly close coming too so price may best try close as 0769 or up !
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 13 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #101,109
  • May 30, 2022 4:00am May 30, 2022 4:00am
Quoting gatorinla
{quote} A few here on the chart. any one having some merit if closed below. For most smaller time frames. The 12h is the larger close next h. a close below 0730 would engulf the 12 h. The 1h did engulf, the 6h would engulf at 0733. I figure 0767/69 has a chance to be a tough R. I don't know where it may end up. I thought it could top here. I may be wrong. {image}
The 12h will close higher. As in a b/o. I don't know if 0767/69 will stop it. I do think bulls need to close above to run.
those who can, do. those who cant, talk about those who can
  • #101,110
  • May 30, 2022 4:10am May 30, 2022 4:10am
Quoting gatorinla
{quote} The 12h will close higher. As in a b/o. I don't know if 0767/69 will stop it. I do think bulls need to close above to run.
Higher close on the 1h through 12 h. Bullish into 0767 R. If it breaks is another story.
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
  • #101,111
  • May 30, 2022 4:17am May 30, 2022 4:17am
Its definitely bullish. But its into some decent R. Possible bearish wedge in pink. -0767 closes may turn this back down. The larger closes are stronger. The 12h against the 12h candle is bullish b/o. The 12h against .0767. Closed below, after being above. Caution to either direction. Some past light R at 0780.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 10 KB
those who can, do. those who cant, talk about those who can
  • #101,112
  • May 30, 2022 5:15am May 30, 2022 5:15am
All tops look, bullish early on. All bottoms look bearish early on. If pa finds itself closing below these supports. Things could have already changed. on the 5 min candle a s at 0765 would of been of with a 0770 (+spread) stop.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 5 KB
those who can, do. those who cant, talk about those who can
  • #101,113
  • May 30, 2022 5:19am May 30, 2022 5:19am
Quoting gatorinla
All tops look, bullish early on. All bottoms look bearish early on. If pa finds itself closing below these supports. Things could have already changed. on the 5 min candle a s at 0765 would of been of with a 0770 (+spread) stop. {image}
st light r at 0766.7.. The same as large R 0767.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB
those who can, do. those who cant, talk about those who can
  • #101,114
  • May 30, 2022 6:35am May 30, 2022 6:35am
Eur trend up...one good sign for bears is M15 uptrend over extended... wait to see this can retrace some, I scalp shorted some in 0770s for a few pips
Attached Image (click to enlarge)
Click to Enlarge Name: _1.png Size: 22 KB
  • #101,115
  • May 30, 2022 6:41am May 30, 2022 6:41am
Gold.. no position atm.. probably long close to 1850.. short 1860
Attached Image (click to enlarge)
Click to Enlarge Name: _1.png Size: 11 KB
  • #101,116
  • May 30, 2022 6:46am May 30, 2022 6:46am
fyi.. with US on holiday today..
Attached Image (click to enlarge)
Click to Enlarge Name: _1.png Size: 18 KB
  • #101,117
  • May 30, 2022 7:17am May 30, 2022 7:17am
Quoting Boulder
Eur trend up...one good sign for bears is M15 uptrend over extended... wait to see this can retrace some, I scalp shorted some in 0770s for a few pips {image}
let see bears can reverse M15 next..
Attached Image (click to enlarge)
Click to Enlarge Name: _1.png Size: 24 KB
  • #101,118
  • May 30, 2022 7:46am May 30, 2022 7:46am
Quoting gatorinla
{quote} st light r at 0766.7.. The same as large R 0767. {image}
a new 4h coming this h. a little wedge inside.. Things may bot always be perfect.
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
  • #101,119
  • May 30, 2022 8:13am May 30, 2022 8:13am
Quoting gatorinla
{quote} a new 4h coming this h. a little wedge inside.. Things may bot always be perfect. {image}
4h closed below 0767. price getting below 0752 may trigger some more fall. some support may be around 0721, 11 and 05. some light R 0760/61.
those who can, do. those who cant, talk about those who can
  • #101,120
  • May 30, 2022 4:00pm May 30, 2022 4:00pm
I closed shorts in loss since the day closed above 0773. It can still drop 300 pips before continue to rise. But all looks bullish atm. I won't long here. Maybe after a deep correction around 1.050x. I can still sell the top if I get a good reversal sign. Btw, I had to take the loss based on my system.
Trade to enjoy... Money is after!
40 traders viewing now