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The Swamp

  • #101,541
  • Jun 16, 2022 3:47pm Jun 16, 2022 3:47pm
Quoting saninvestor
{quote} Bouncing off the big support area. It's the nature of this trampoline. However, a 220 pips day range is something very rare. I was long this week until FOMC raised 0.75 and I closed in loss. What a waste! This area of monthly demand zone is so volatile. It's still bearish. It can fall all the way back as it rised and then bounce again. I have still 0699/0716 on the cards hopefully after a drop.
I saw you closed around 1.0410, painful I can imagine especially you were actually right all along but it was a wise decision to close after that0.75 raise. It could have easily slipped below 1.0350 and who knows where it would land.

I do have an eye on your other numbers 1.0699 and it is quite possible to penetrate that after today's move of course it will depend on the algo boxes during Asian session.

I have no doubt you will get all the losses in no time.
  • #101,542
  • Jun 16, 2022 3:48pm Jun 16, 2022 3:48pm
Quoting Isvara
1 min trying imo.{image}
Its going to 1.0786, or 0.993x/.991x next. The trend is down. Its testing large supports. 239 pips up, or 616 pips down is coming. Whether your ready or not. One or the other is coming.
To go up, it has to break 1.0786. To drop it has to break that 1.03xx low. Between them is atm pa.
those who can, do. those who cant, talk about those who can
  • #101,543
  • Edited 4:13pm Jun 16, 2022 3:51pm | Edited 4:13pm
Quoting longfellow
{quote} Saw his first post and assumed he'd been on the wrong side today and felt the need to vent. Then in his second post, he decided to personally throw crap at you and everything. LOL. He's a "newbie" who joined in June and has now already "quit with a statement" the EURUSD Only forum and The Swamp and is also tossing sh*t at the AUSUSD people. It makes sense that he's trying to reincarnate himself after probably being banned before under a different name. Hopefully, you didn't have to expend too much energy with this stuff.
Don't think he is a newbie, an old tart who has some hot feelings for Gator.
But you are right, he doesn't deserve anyone's attention and there is absolutely no need to waste energy for someone who is as useless as a third nipple.
  • #101,544
  • Jun 16, 2022 4:19pm Jun 16, 2022 4:19pm
Quoting Connors
{quote} I saw you closed around 1.0410, painful I can imagine especially you were actually right all along but it was a wise decision to close after that0.75 raise. It could have easily slipped below 1.0350 and who knows where it would land. I do have an eye on your other numbers 1.0699 and it is quite possible to penetrate that after today's move of course it will depend on the algo boxes during Asian session. I have no doubt you will get all the losses in no time.
Thank you Connors. Yes, I closed 0410. I had to, because it was FOMC raise surprise. Today it moved almost 220 pips and I was scaring such move to south. Atm, my plan is to go toward 0410 and then 0699/0716. This is a scenario I just assuming because trend is very bearish into a very strong demand zone. As I mentioned before, it needs more time and effort to break support. I have two levels to be touched before break down or up. 0410 and 0699/0716. Each one after another. I do expect 0410 before 0699/0716. But I absolutely could be wrong as past.
Trade to enjoy... Money is after!
  • #101,545
  • Jun 16, 2022 6:01pm Jun 16, 2022 6:01pm
Quoting longfellow
{quote} Saw his first post and assumed he'd been on the wrong side today and felt the need to vent. Then in his second post, he decided to personally throw crap at you and everything. LOL. He's a "newbie" who joined in June and has now already "quit with a statement" the EURUSD Only forum and The Swamp and is also tossing sh*t at the AUSUSD people. It makes sense that he's trying to reincarnate himself after probably being banned before under a different name. Hopefully, you didn't have to expend too much energy with this stuff.
Sometimes your ass itches, and you just have to scratch it. I didn't see value in his opinion. We are here to trade, hopefully laugh a little. Maybe cry some when the world is f-up. Hopefully make some $ in the process. Had he put a chart or something other than diarrhea. From the first post I figured he was recycled toilet paper. After the second post. I figured both sides of the tp were soiled. The thought of his dirty nails flipping burgers, set me off.
those who can, do. those who cant, talk about those who can
  • #101,546
  • Jun 16, 2022 6:03pm Jun 16, 2022 6:03pm
Quoting Connors
{quote} Don't think he is a newbie, an old tart who has some hot feelings for Gator. But you are right, he doesn't deserve anyone's attention and there is absolutely no need to waste energy for someone who is as useless as a third nipple.
Ever had a women with a third nipple? Don't knock it. Especially if its on here back..That's 2 weeks pay..
those who can, do. those who cant, talk about those who can
  • #101,547
  • Edited 6:21pm Jun 16, 2022 6:09pm | Edited 6:21pm
Quoting saninvestor
{quote} Thank you Connors. Yes, I closed 0410. I had to, because it was FOMC raise surprise. Today it moved almost 220 pips and I was scaring such move to south. Atm, my plan is to go toward 0410 and then 0699/0716. This is a scenario I just assuming because trend is very bearish into a very strong demand zone. As I mentioned before, it needs more time and effort to break support. I have two levels to be touched before break down or up. 0410 and 0699/0716. Each one after another. I do expect 0410 before 0699/0716. But I absolutely could be wrong...
I shorted 0421 and made a little the first time.. The second time it took my wallet. A st hh, after 0470, 0506, another st hh. I had the bounce going a little lower than you. I think 0568 is needed for bulls or bears. It closed the day below. With the down trend, i have to lean that way. But when at a big support no doubt it can have a lot of bounce.

I should had been more cautious, after yesterday didn't close below 0421 with a .75 raise. I should of bet on a 0567 run.. A week close tomorrow.
those who can, do. those who cant, talk about those who can
  • #101,548
  • Jun 16, 2022 6:33pm Jun 16, 2022 6:33pm
Quoting gatorinla
{quote} I shorted 0421 and made a little the first time.. The second time it took my wallet. A st hh, after 0470, 0506, another st hh. I had the bounce going a little lower than you. I think 0568 is needed for bulls or bears. It closed the day below. With the down trend, i have to lean that way. But when at a big support no doubt it can have a lot of bounce. I should had been more cautious, after yesterday didn't close below 0421 with a .75 raise. I should of bet on a 0567 run.. A week close tomorrow.
I acknowledge it didn't make a HH last week, it didn't may that LL this week. But I cant be the only one thinking, down trend, the largest raise since 199x. That's bearish to me. If it can make that week close below 0421, it aims to breaking that low. Or if it makes that LL, it aims for a week close below 0421. Its not as good as June would be. It could be a start. Some caution because it can run back to 0421 for the June close. I think it will happen, I don't have a time. If its going to happen for June. We have 2 weeks time guidance. A 12h close below 0697 may start it.

I need to go find the other low closes.. I did it one time before. I think the lowest 1h close was 036x.

If you have a long bias. Boulders 1h sits at 0539 atm. A h close below changes that.
those who can, do. those who cant, talk about those who can
  • #101,549
  • Jun 16, 2022 6:44pm Jun 16, 2022 6:44pm
4h candle, a shooting star. I know, I know, candle purest will look to the left to see past R. I have R from other means. In a shooting star a low below the candle is a early entry. Its done that. A more conservatize play is a close below it. Maybe get a isolator you like, to see if it is in agreement.

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those who can, do. those who cant, talk about those who can
  • #101,550
  • Jun 16, 2022 9:14pm Jun 16, 2022 9:14pm
Quoting gatorinla
4h candle, a shooting star. I know, I know, candle purest will look to the left to see past R. I have R from other means. In a shooting star a low below the candle is a early entry. Its done that. A more conservatize play is a close below it. Maybe get a isolator you like, to see if it is in agreement. https://www.youtube.com/watch?v=mt2_bm2Xy-4&t=118s {image}
st tp 0480+spread. The trend is down.. Friday would be a good day to close below 0421.. If it does run, after a LL.. In a few weeks or so 0421 may be a short off a bounce.

It may bounce 0480 ish.. I thinl 0480 is a st attractant. It can fall more. This is just a st target.

If it makes the LL.. It still could bounce back to 0567.. So be mindful it has to close below 0421 too.. That's just normal pa for a 0.993s target.
those who can, do. those who cant, talk about those who can
  • #101,551
  • Jun 17, 2022 12:44am Jun 17, 2022 12:44am
i have hedged my position at 0526. if it breaks daily open i will buy it. if it breaks 61.8 (0515) which is acting as an supp right now i will sell it. if my pip count is correct we got 2190 move yesterday so my buy tp is 0733. My sell tp is 0434. I thought we will get this move today or next week but it surprised me yesterday. Now i am just thinking why did i wasted my FOMC time coz nothing happened then but that's how market works it always catches you sleeping.
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Oh BTW if it moves to upside it means 3rd wave of downtrend is finished and we are on 4th wave on larger time frames (weekly and monthly). so if it moves up better have this in mind on lower time frames.

and for going to 0733 it should breach yesterdays highs. any signs of weakness there and i will tp my buy there. 38.2 and 23.6 are both in between the path to 0733 so it will not be in a straight line as yesterday's move. Rest every day and every trade is unique so i don't have anything else to add.
The mind is not a book to be opened at will and examined at leisure
  • #101,552
  • Jun 17, 2022 6:48am Jun 17, 2022 6:48am
Quoting saninvestor
{quote} Thank you Connors. Yes, I closed 0410. I had to, because it was FOMC raise surprise. Today it moved almost 220 pips and I was scaring such move to south. Atm, my plan is to go toward 0410 and then 0699/0716. This is a scenario I just assuming because trend is very bearish into a very strong demand zone. As I mentioned before, it needs more time and effort to break support. I have two levels to be touched before break down or up. 0410 and 0699/0716. Each one after another....
Holding shorts atm. It's on its way to 0462, 0427, 0410. Those levels have some value to tp shorts if drop. I have 0410 as last target. I don't know if it bounce back again, but I will look for signs of bouncing there to go long again for 0699/0716. Trend is bearish so no need to get f... with longs. It's better to stay away from long and wait for bounce off bottom to start shorts again. I think I can play with this trampoline for a while.
Trade to enjoy... Money is after!
  • #101,553
  • Jun 17, 2022 7:18am Jun 17, 2022 7:18am
Quoting gatorinla
{quote} st tp 0480+spread. The trend is down.. Friday would be a good day to close below 0421.. If it does run, after a LL.. In a few weeks or so 0421 may be a short off a bounce. It may bounce 0480 ish.. I thinl 0480 is a st attractant. It can fall more. This is just a st target. If it makes the LL.. It still could bounce back to 0567.. So be mindful it has to close below 0421 too.. That's just normal pa for a 0.993s target.
Its reached 0480 now.. It a soft support. Bears need close below it to fall.
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those who can, do. those who cant, talk about those who can
  • #101,554
  • Jun 17, 2022 7:29am Jun 17, 2022 7:29am
Quoting gatorinla
{quote} Its reached 0480 now.. It a soft support. Bears need close below it to fall. {image}
It been acting bullish lately since FOMC. If pa cant close below 0480.. It will run back to 053x.. Some R before at 0506/20/3x
those who can, do. those who cant, talk about those who can
  • #101,555
  • Jun 17, 2022 7:37am Jun 17, 2022 7:37am
Quoting gatorinla
{quote} It been acting bullish lately since FOMC. If pa cant close below 0480.. It will run back to 053x.. Some R before at 0506/20/3x
0538
those who can, do. those who cant, talk about those who can
  • #101,556
  • Jun 17, 2022 7:59am Jun 17, 2022 7:59am
I will stay light on shorts. i did close some at 0480. I has a chance to hit 0538. That is a better slot than here. Although it may not get past the R at 0506/20. It tried since hitting 0480..
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those who can, do. those who cant, talk about those who can
  • #101,557
  • Jun 17, 2022 8:51am Jun 17, 2022 8:51am
No 15 m below 0480 yet. Last h was a 4h close. It was above 0480. New h in 8 min..
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those who can, do. those who cant, talk about those who can
  • #101,558
  • Jun 17, 2022 9:18am Jun 17, 2022 9:18am
Quoting saninvestor
{quote} Holding shorts atm. It's on its way to 0462, 0427, 0410. Those levels have some value to tp shorts if drop. I have 0410 as last target. I don't know if it bounce back again, but I will look for signs of bouncing there to go long again for 0699/0716. Trend is bearish so no need to get f... with longs. It's better to stay away from long and wait for bounce off bottom to start shorts again. I think I can play with this trampoline for a while.
First target reached 0462. waiting for more to come.
Trade to enjoy... Money is after!
  • #101,559
  • Jun 17, 2022 9:24am Jun 17, 2022 9:24am
Weak support on the way down, becomes weak R on a bounce..
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those who can, do. those who cant, talk about those who can
  • #101,560
  • Jun 17, 2022 9:36am Jun 17, 2022 9:36am
Quoting saninvestor
{quote} Holding shorts atm. It's on its way to 0462, 0427, 0410. Those levels have some value to tp shorts if drop. I have 0410 as last target. I don't know if it bounce back again, but I will look for signs of bouncing there to go long again for 0699/0716. Trend is bearish so no need to get f... with longs. It's better to stay away from long and wait for bounce off bottom to start shorts again. I think I can play with this trampoline for a while.
Well done, I stayed away due to giant move yesterday, it felt safer to sit on my hands and wait for levels to get clearer. Just waiting where London will close today. If - seems unlikely - it manages to close above yesterday's London close 1.0507, US session may piss off bears once again I guess.
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