The Swamp | Page 5121 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #102,401
  • Jul 12, 2022 6:23am Jul 12, 2022 6:23am
Quoting gatorinla
If it runs to 0059, it may be able to turn 0026 to more supportive.. {image}
I had to tp some to keep the lights on.. Not all.. Because this could be the large one.. to 103 or 1.04
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
  • #102,402
  • Jul 12, 2022 6:29am Jul 12, 2022 6:29am
possible long 1.0023x/24.. But who knows.. 0026 could support. Plus those big 0.9970/1.0026/1.0129 would normally yield a larger several hundred pip bounce.
those who can, do. those who cant, talk about those who can
  • #102,403
  • Jul 12, 2022 6:40am Jul 12, 2022 6:40am
Quoting gatorinla
possible long 1.0023x/24.. But who knows.. 0026 could support. Plus those big 0.9970/1.0026/1.0129 would normally yield a larger several hundred pip bounce.
It could be 0014.. The low the stop..
those who can, do. those who cant, talk about those who can
  • #102,404
  • Jul 12, 2022 6:43am Jul 12, 2022 6:43am
It didn't get the entire pool..
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
  • #102,405
  • Jul 12, 2022 6:50am Jul 12, 2022 6:50am
Quoting gatorinla
possible long 1.0023x/24.. But who knows.. 0026 could support. Plus those big 0.9970/1.0026/1.0129 would normally yield a larger several hundred pip bounce.
I put a pending long 1.0035.
Stop 0.9955
Trade to enjoy... Money is after!
  • #102,406
  • Jul 12, 2022 7:00am Jul 12, 2022 7:00am
Quoting saninvestor
{quote} I put a pending long 1.0035. Stop 0.9955
Triggered
Trade to enjoy... Money is after!
  • #102,407
  • Jul 12, 2022 7:10am Jul 12, 2022 7:10am
Quoting Zeusfleeky
{quote} Hello Boulder, what is your view on GBPJPY today??
I have not trade GbpJpy for years , so i don't have a feel for it..by looking at the systems, it looks bearish.. its better short bounces
Attached Image (click to enlarge)
Click to Enlarge Name: _1.png Size: 21 KB
  • #102,408
  • Jul 12, 2022 7:40am Jul 12, 2022 7:40am
Quoting saninvestor
{quote} Triggered
Got in at 0022. Should have banked at 006x if I had seen it. At least I like the spike and it shows bulls are lurking.
  • #102,409
  • Jul 12, 2022 8:07am Jul 12, 2022 8:07am
Quoting Mitiblotch
{quote} Got in at 0022. Should have banked at 006x if I had seen it. At least I like the spike and it shows bulls are lurking.
I was looking for a sign. I got it.
A correction could be more than 350 pips. It worth trying after seeing some bullishness.
Trade to enjoy... Money is after!
  • #102,410
  • Jul 12, 2022 8:13am Jul 12, 2022 8:13am
Quoting saninvestor
{quote} I was looking for a sign. I got it. A correction could be more than 350 pips. It worth trying after seeing some bullishness.
I usually don't use stop loss. But actually I'm scared of this bear. So I put it 0.9955
Trade to enjoy... Money is after!
  • #102,411
  • Jul 12, 2022 8:13am Jul 12, 2022 8:13am
Quoting Boulder
{quote} I have not trade GbpJpy for years , so i don't have a feel for it..by looking at the systems, it looks bearish.. its better short bounces {image}

Can you share GOLD data points, please?
Cheers!!
  • #102,412
  • Jul 12, 2022 8:28am Jul 12, 2022 8:28am
Quoting PipsMaster23
{quote} Can you share GOLD data points, please?
Gold is bearish per high time frame. weekly has fresh bearish trend..
Attached Image (click to enlarge)
Click to Enlarge Name: _1.png Size: 22 KB
  • #102,413
  • Jul 12, 2022 9:59am Jul 12, 2022 9:59am
Quoting Boulder
For Wednesday US data, White House Press Secretary Jean-Pierre Speaks To Reporters: Expect New CPI Data To Be Highly Elevated
Tomorrow on calendar US inflation ....plan your trades ahead..
Attached Image (click to enlarge)
Click to Enlarge Name: _1.png Size: 10 KB
  • #102,414
  • Jul 12, 2022 10:11am Jul 12, 2022 10:11am
Quoting Boulder
{quote} Tomorrow on calendar US inflation ....plan your trades ahead.. {image}
This has been traded already, in my honest opinion. It will be the excuse to spike price high tomorrow.

My reactive system has already given me the signal and we should see at least 100 pips from where I got the signal at 0041. That should give us at least 0141.
  • #102,415
  • Jul 12, 2022 10:11am Jul 12, 2022 10:11am
Quoting saninvestor
{quote} I put a pending long 1.0035. Stop 0.9955
It didn't launch like a rocket and continue.. flip a coin.. hitting one may push a rection into the other. The first one may be a head fake. The second one may be a head fake too. You need a long candle to clear the pool.
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
  • #102,416
  • Jul 12, 2022 10:18am Jul 12, 2022 10:18am
Quoting gatorinla
{quote} It didn't launch like a rocket and continue.. flip a coin.. hitting one may push a rection into the other. The first one may be a head fake. The second one may be a head fake too. You need a long candle to clear the pool. {image}
The long candle here didn't clear the pole. A long closed candle may prevent the coin flip..
In a real move the candles will be long.. longer than the others its replacing. Little or no wick in the momentum direction.
Inserted Video
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 6 KB
those who can, do. those who cant, talk about those who can
  • #102,417
  • Jul 12, 2022 10:20am Jul 12, 2022 10:20am
Quoting Mitiblotch
{quote} This has been traded already, in my honest opinion. It will be the excuse to spike price high tomorrow. My reactive system has already given me the signal and we should see at least 100 pips from where I got the signal at 0041. That should give us at least 0141.
I don't know.. barely any bounce after Eur hit 0.9999 this morning.. 70 pips,, that is nothing,,, feeling bears in no hurry to close shorts .. not much bull ride considering this is the first time reaching parity after 20 plus years.... Nomura talked about 0.98.. and another one talked about 0.96 for real support .. I lost track..
  • #102,418
  • Jul 12, 2022 10:20am Jul 12, 2022 10:20am
Quoting gatorinla
{quote} It didn't launch like a rocket and continue.. flip a coin.. hitting one may push a rection into the other. The first one may be a head fake. The second one may be a head fake too. You need a long candle to clear the pool. {image}

TITCR
Waiting for the momentum bar is the play here. Plenty of room both ways after we get away from parity. It's worth missing some initial pips to get a strong conviction position.
  • #102,419
  • Jul 12, 2022 10:24am Jul 12, 2022 10:24am
more like this.
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
  • #102,420
  • Jul 12, 2022 10:25am Jul 12, 2022 10:25am
Quoting Boulder
{quote} I don't know.. barely any bounce after Eur hit 0.9999 this morning.. 70 pips,, that is nothing,,, feeling bears with no hurry to close shorts .. not much bull ride considering this is the first time reaching parity after 20 plus years..
Definitely talking my book here, but I don't know if we need another big 240pt speed candle to break the intermediate downtrend. Just a sideways to upward grind to build a base and get people to keep eating stops trying to short would be more optimal, just from a pure PA perspective.
They are definitely discounting a complete worst case scenario in Europe, anything short of that and this pair could build a wall of worry and climb it for awhile...
25 traders viewing now