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The Swamp

  • #103,461
  • Aug 22, 2022 3:02pm Aug 22, 2022 3:02pm
Quoting gatorinla
{quote} L fix is R. a 9935 close could release it. {image}
1h 0.9935+ close? day close coming next h.
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  • #103,462
  • Aug 22, 2022 3:05pm Aug 22, 2022 3:05pm
Quoting gatorinla
{quote} 1h 0.9935+ close? day close coming next h. {image}
Closing below last LL means I am looking to short tommorow.
  • #103,463
  • Aug 22, 2022 4:28pm Aug 22, 2022 4:28pm
Quoting Matej.FX
{quote} Closing below last LL means I am looking to short tommorow.
if your right, here are some S/R. I think its going to .9898. But since it completed 9935, it may bounce first.
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those who can, do. those who cant, talk about those who can
  • #103,464
  • Aug 22, 2022 5:12pm Aug 22, 2022 5:12pm
On the first graph some kind of a double top did start to form however @ 0.9945.. We'll be wiser tommorow with some more info. Expect the price to drop more first, so we can have a proper retracement to the parity which will be our new LH if the trend continues. Thanks!
  • #103,465
  • Aug 22, 2022 6:16pm Aug 22, 2022 6:16pm
Quoting Matej.FX
On the first graph some kind of a double top did start to form however @ 0.9945.. We'll be wiser tommorow with some more info. Expect the price to drop more first, so we can have a proper retracement to the parity which will be our new LH if the trend continues. Thanks!
I dont rule out 1.0145/59 this week, Since its completed 0.9935. Cot and the trend favored shorts. Price took out most of the longs plus 20 + pips. Longs from the 9952 low. Those who didnt tp that move mostly have stops taken. Clearing all those longs from a few weeks back, and the longs since. It can do the same with shorts too. short term if it bounces now at 9936.5, it may run some.
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those who can, do. those who cant, talk about those who can
  • #103,466
  • Aug 22, 2022 6:18pm Aug 22, 2022 6:18pm
Quoting gatorinla
{quote} I dont rule out 1.0145/59 this week, Since its completed 0.9935. Cot and the trend favored shorts. Price took out most of the longs plus 20 + pips. Longs from the 9952 low. Those who didnt tp that move mostly have stops taken. Clearing all those longs from a few weeks back, and the longs since. It can do the same with shorts too. short term if it bounces now at 9936.5, it may run some. {image}
it just hit .9936.5..
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  • #103,467
  • Aug 22, 2022 6:53pm Aug 22, 2022 6:53pm
You stated well that we didn't see any kind of bounce, even when sell-off seem to stop. Price didn't retrace at all, which definitely signals complete bear control over the price to me. Let's see what happens during this session, but I am totally expecting the price to head lower again tommorow. It's just that there were no signs of any bull left alive even before the NY close. Let's see if we will have some bulls coming in now..
  • #103,468
  • Aug 22, 2022 6:56pm Aug 22, 2022 6:56pm
Asia sneaking..
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those who can, do. those who cant, talk about those who can
  • #103,469
  • Aug 22, 2022 7:14pm Aug 22, 2022 7:14pm
Also keeping an eye over USD/JPY.
  • #103,470
  • Aug 22, 2022 7:31pm Aug 22, 2022 7:31pm
Quoting Matej.FX
You stated well that we didn't see any kind of bounce, even when sell-off seem to stop. Price didn't retrace at all, which definitely signals complete bear control over the price to me. Let's see what happens during this session, but I am totally expecting the price to head lower again tommorow. It's just that there were no signs of any bull left alive even before the NY close. Let's see if we will have some bulls coming in now..
That's one way to see it. I dont have any thing telling me it will bounce, except a algo completion. Most indicators will be bearish. Cot was bearish. But COT was at 1.02 then. Anyway i dont know if this is the time. It can go to 0.9905/0.9898. That will not disappoint me. Often when a algo completes, it will return to the other algo in the opposite direction. It can easily come back to catch .9898 later. PA doesn't run in a single straight direction. I can see it reaching 1.0145/59 where I can short it.
I dont have to long it to 1.0145, I dont have to trade. Its free to sit back and watch.
those who can, do. those who cant, talk about those who can
  • #103,471
  • Aug 22, 2022 7:39pm Aug 22, 2022 7:39pm
looking to short somewhere higher.
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  • #103,472
  • Aug 22, 2022 7:52pm Aug 22, 2022 7:52pm
pa moved near 450 pips. That is leg is a decent one. After it moves 400/450 pips its time to look for some exhaustion. Retailors were drug over the coals.
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  • #103,473
  • Aug 22, 2022 8:17pm Aug 22, 2022 8:17pm
week
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those who can, do. those who cant, talk about those who can
  • #103,474
  • Aug 23, 2022 12:53am Aug 23, 2022 12:53am
Perhaps first 0.9898 and then 1.015~?
  • #103,475
  • Aug 23, 2022 1:02am Aug 23, 2022 1:02am
No.. going long 20 pips TP and SL.
  • #103,476
  • Aug 23, 2022 1:04am Aug 23, 2022 1:04am
Some kind of Bulls signs.. we'll see.
  • #103,477
  • Edited 2:24am Aug 23, 2022 1:56am | Edited 2:24am
Nothing to see here..

Entered short on both GBP/JPY and EUR/JPY. TP Open SL 200 Pips
Would have entered sooner but wasn't at the home.

This trades are meant to be left for a long time. Basically, until the downtrend is finished which could take a very long time since only lately it has been established.
If USD/JPY 4H candle closes below 136.600 I will enter short as well.
  • #103,478
  • Aug 23, 2022 4:03am Aug 23, 2022 4:03am
.9921.x looks curios
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  • #103,479
  • Aug 23, 2022 6:03am Aug 23, 2022 6:03am
Quoting gatorinla
{quote} {image}{image}Price is splitting the mid of the mentioned algos. one to 0.0035 the other to 0.9898. Above 1.0047 it is north of both.
I may be wrong. PA missed .9898 slightly. I think pa has about a 25% chance on making it to 1.0158/59 this week.

possible long scalp entry .9906/08
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  • #103,480
  • Aug 23, 2022 6:08am Aug 23, 2022 6:08am
5 min in a flag channel
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