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The Swamp

  • #102,581
  • Jul 14, 2022 10:35am Jul 14, 2022 10:35am
I wonder how many of these hedge funds blowing up with cryptos. Are in the forex, eu market.
those who can, do. those who cant, talk about those who can
  • #102,582
  • Jul 14, 2022 10:37am Jul 14, 2022 10:37am
Quoting saninvestor
During last 6 months, I've developed a scalping system to catch 15 pips a day on eu. It was so much more successful than what I was trading before. My plan is to start to trade only my new system from next week. So I may not post here like past. I will try to post my entries as fast as I can. Good luck everyone...
I dont know your r/r, but if you can get that win ratio to 50% + at 2 to 1, you should do ok.
those who can, do. those who cant, talk about those who can
  • #102,583
  • Jul 14, 2022 11:44am Jul 14, 2022 11:44am
Quoting gatorinla
{quote} I dont know your r/r, but if you can get that win ratio to 50% + at 2 to 1, you should do ok.
More than 90% win rate with 1.5 to 1 r/r.
I mean risk 1.5 to reward 1. It's average. Each trade has different r/r. Not more than 2 to 1.
One trade per day. So I will have plenty of time to live.
Trade to enjoy... Money is after!
  • #102,584
  • Jul 14, 2022 12:02pm Jul 14, 2022 12:02pm
Interesting... ej and uj have same value.
I've never seen that before.
Trade to enjoy... Money is after!
  • #102,585
  • Jul 14, 2022 12:45pm Jul 14, 2022 12:45pm
nothing to show me bulls.. So if they come after .9952.. I left a pending long 18 pip below it.. 10 pip stop..
those who can, do. those who cant, talk about those who can
  • #102,586
  • Jul 14, 2022 12:47pm Jul 14, 2022 12:47pm
Quoting saninvestor
{quote} More than 90% win rate with 1.5 to 1 r/r. I mean risk 1.5 to reward 1. It's average. Each trade has different r/r. Not more than 2 to 1. One trade per day. So I will have plenty of time to live.
hell you dont need to chase 1.0 trades.. You got a billion dollar system. One trade and enjoy life. Overtrading destroys accounts. 90% puts you in the top .1%
those who can, do. those who cant, talk about those who can
  • #102,587
  • Jul 14, 2022 1:14pm Jul 14, 2022 1:14pm
Quoting gatorinla
{quote} hell you dont need to chase 1.0 trades.. You got a billion dollar system. One trade and enjoy life. Overtrading destroys accounts. 90% puts you in the top .1%
Thanks gator. Actually the most attractive part of my new trading system is what you mentioned. No overtrading. I get only 1 signal per day on H1 chart, before NY session most of the time. One entry, fast 15 pips, turn off the laptop and run away to keep living.
This is my old dream to have free time 22 hours a day to do many things.
Trade to enjoy... Money is after!
  • #102,588
  • Jul 14, 2022 1:35pm Jul 14, 2022 1:35pm
Quoting saninvestor
{quote} More than 90% win rate with 1.5 to 1 r/r. I mean risk 1.5 to reward 1. It's average. Each trade has different r/r. Not more than 2 to 1. One trade per day. So I will have plenty of time to live.
Thats amazing dude... well done
  • #102,589
  • Jul 14, 2022 2:05pm Jul 14, 2022 2:05pm
Quoting saninvestor
{quote} Thanks gator. Actually the most attractive part of my new trading system is what you mentioned. No overtrading. I get only 1 signal per day on H1 chart, before NY session most of the time. One entry, fast 15 pips, turn off the laptop and run away to keep living. This is my old dream to have free time 22 hours a day to do many things.
Just stick to it mate. I have a system that spits 100 pips on the 30min chart. Almost fail proof. The only issue is in forex you know too much that you mix your system sometimes with other things and get smoked. Stick to your system and roll in the money!
  • #102,590
  • Jul 14, 2022 3:45pm Jul 14, 2022 3:45pm
Quoting Mitiblotch
{quote} Just stick to it mate. I have a system that spits 100 pips on the 30min chart. Almost fail proof. The only issue is in forex you know too much that you mix your system sometimes with other things and get smoked. Stick to your system and roll in the money!
Yep...
When you have a clear plan to enter a trade and exit, you should ignore all other things you experienced before. Should close your eyes on everything except your plan. Even if god is showing you the next candle. This is the only way everyone can make money in the market.
Trade to enjoy... Money is after!
  • #102,591
  • Jul 14, 2022 7:36pm Jul 14, 2022 7:36pm
Quoting gatorinla
Another repeat of today, tomorrow? A drop close to the low.. Followed by a rise, after the news release (inflation related)? That low has been broken the last 3 trading days. Be careful if it does it again, or use it to your advantage. Its a area to long. Or an area for a possible short, if broken. A well placed losing trade is not a sin. Limit the s/l, accept it as a loss before placing it. But on the other hand, the reward may be worth it in multiples. {image}
The eu has the area 1.0129/1.0026/0.9970. All were hit. Price didnt stay below 9970 too long. The pool was dry. It had been 22 years. It didnt follow through. Like i said this is the first time for me to see or study one like this (22 years old). This being the eu it has the sister algo on the usdx. The usdx has a range like the one described here on the eu. That range is still valid. The eu range was taken from a single day. The usdx one from a 1year Pa iis in the one.. Its too big to worry about.. PA is also in a quarter one.. Its number like eu .9970 being 109.77. Price hasn't got that high yet.. price is within these now.

Not having that pool of s/l may have slowed or cut the nuts off a bounce. But price for bears hasn't done much either, They are talking about a 1% raise. 18 pip drop and nothing. The dump may not make the LL.

I got another on the 1 week,, it started 107.61.. it ends 109.74. Price is still within it. These pools are dry.. But the algo seems to work. Price is attracted to pools. Price often has a violent reversal at them, as liquidity pushes back.

On the usdx that is anytime now. Or about 50 pips higher (109.74) Reflected on the eu is about 2.x X more (100+ pips ish higher). Or any time now. This is against the interest rates.
More news tomorrow. A dump before pump seems to be the new thing. Todays s/l pool for longs is probably 18ish pip below 0.9952,, 0.9934 needs some eyes on it, if she dumps. I have no signs of a bull.. She has bounced each day after making a new LL. Those inflation numbers are not helping ant bounce. That push down is not forever. It does get priced in. The push down yesterday was 18 pips. That's about normal for a liquidity raid. It wasn't a move like one would expect, in a hot trending market. It didnt follow through. I dont see anything bullish. It made LL and LH. Sometimes not trading is a better choice. They new pool of stops for longs may be mostly within those 18 pips. A dump, followed by a pump. Would be a good opportunity to screw both sides.
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those who can, do. those who cant, talk about those who can
  • #102,592
  • Jul 15, 2022 5:37am Jul 15, 2022 5:37am
Eur datapoints atm...today is the day we will decide whether Eur has made the bottom (0.9952) at NY close
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  • #102,593
  • Jul 15, 2022 6:02am Jul 15, 2022 6:02am
Quoting Boulder
Eur datapoints atm...today is the day we will decide whether Eur has made the bottom (0.9952) at NY close {image}
Bulls took back H1.. very close to reverse H4,,
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  • #102,594
  • Jul 15, 2022 6:02am Jul 15, 2022 6:02am
Quoting Boulder
Eur datapoints atm...today is the day we will decide whether Eur has made the bottom (0.9952) at NY close {image}
Can you share cable datapoints?
Thanks
  • #102,595
  • Jul 15, 2022 6:04am Jul 15, 2022 6:04am
Quoting KevinZeng
{quote} Can you share cable datapoints? Thanks
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  • #102,596
  • Jul 15, 2022 7:21am Jul 15, 2022 7:21am
Quoting Boulder
{quote} Bulls took back H1.. very close to reverse H4,, {image}
..1.0071
  • #102,597
  • Jul 15, 2022 7:24am Jul 15, 2022 7:24am
Quoting gatorinla
{quote} The eu has the area 1.0129/1.0026/0.9970. All were hit. Price didnt stay below 9970 too long. The pool was dry. It had been 22 years. It didnt follow through. Like i said this is the first time for me to see or study one like this (22 years old). This being the eu it has the sister algo on the usdx. The usdx has a range like the one described here on the eu. That range is still valid. The eu range was taken from a single day. The usdx one from a 1year Pa iis in the one.. Its too big to worry about.. PA is also in a quarter one.. Its number...
It didnt dump...

Rate hike likely to be 0.75/1.0, check
Inflation the highest in 40 years, check

Results; 18 pips lower yesterday.

ATM price is above the news release atm.

Something stopped pa from dropping.
those who can, do. those who cant, talk about those who can
  • #102,598
  • Jul 15, 2022 7:26am Jul 15, 2022 7:26am
im waiting for the news
  • #102,599
  • Jul 15, 2022 7:30am Jul 15, 2022 7:30am
Quoting gatorinla
{quote} 0054/77
pool 2
those who can, do. those who cant, talk about those who can
  • #102,600
  • Jul 15, 2022 7:33am Jul 15, 2022 7:33am
back to 0060?
those who can, do. those who cant, talk about those who can
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