The Swamp | Page 5191 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #103,801
  • Sep 12, 2022 3:01am Sep 12, 2022 3:01am
Quoting gatorinla
the .9898 footprints are here. The purple box above 1.0159.2 represents the 34 pip overshoot. {image}
I need to expand the over shoot to 38.5 pips. Si when it goes to .9780.. .9740 may still be in that range.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 9 KB
those who can, do. those who cant, talk about those who can
  • #103,802
  • Sep 12, 2022 3:17am Sep 12, 2022 3:17am
Quoting Boulder
{quote} Day is 1.0171 testing atm.. let's see NY close. bears can hold or not at NY close.. I shorted some here {image}
I still have some shorts higher at 1.0190s.. I am cashing some lower shorts for now.. will refill shorts later..
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 149 KB
  • #103,803
  • Sep 12, 2022 3:43am Sep 12, 2022 3:43am
looking to long .9780 area. Next Quarter 1.0349 could be possible. Thinking .9969/.9989 is a future pivot area.
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
  • #103,804
  • Sep 12, 2022 4:02am Sep 12, 2022 4:02am
Great info there!

I got myself trapped in Swissy with a long. Been a long time since I traded this pair and it's not as easy as GU and EU. Swissy definitely isn't following Eur like I thought.
I play the trade gamble to feed my Porsche addiction.
  • #103,805
  • Sep 12, 2022 4:14am Sep 12, 2022 4:14am
Chop in the middle
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
those who can, do. those who cant, talk about those who can
  • #103,806
  • Sep 12, 2022 4:17am Sep 12, 2022 4:17am
Quoting M3csl
Great info there! I got myself trapped in Swissy with a long. Been a long time since I traded this pair and it's not as easy as GU and EU. Swissy definitely isn't following Eur like I thought.
I stay away from swiss, manipulation there by swiss bank all the time...
  • #103,807
  • Sep 12, 2022 4:17am Sep 12, 2022 4:17am
Quoting M3csl
Great info there! I got myself trapped in Swissy with a long. Been a long time since I traded this pair and it's not as easy as GU and EU. Swissy definitely isn't following Eur like I thought.
Good morning traedorians,peace and pips be upon all of you!
I hope you all are doing great
uschf and eusd are usually invertly correlated,wish you good luck M3csl
better be not enough salt than too much salt
  • #103,808
  • Sep 12, 2022 4:23am Sep 12, 2022 4:23am
some liquid at 1.0095-
1.0055, 1.0113 1.0132,


1.0029 the larger
those who can, do. those who cant, talk about those who can
  • #103,809
  • Sep 12, 2022 4:36am Sep 12, 2022 4:36am
Thanks guy, holding on for now but have a mental SL of 9500 flat. A return to 9680 and I'll be break even and not returning. Sticking to EU and GU
I play the trade gamble to feed my Porsche addiction.
  • #103,810
  • Sep 12, 2022 6:56am Sep 12, 2022 6:56am
Quoting gatorinla
some liquid at 1.0095- 1.0055, 1.0113 1.0132, 1.0029 the larger
It will likely be spongy at 1.0095ish..
those who can, do. those who cant, talk about those who can
  • #103,811
  • Sep 12, 2022 9:19am Sep 12, 2022 9:19am
Quoting gatorinla
looking to long .9780 area. Next Quarter 1.0349 could be possible. Thinking .9969/.9989 is a future pivot area. {image}
The way the price action is going in EU it feels like it has bottomed for a while. If inflation is starting to drop the dollar is going to have a hard time getting to .9780. At least that is the way I see it. I'm always wary of a 300 pip jump when the fundamentals are starting to shift.


Watch price drop now :-)
  • #103,812
  • Sep 12, 2022 9:28am Sep 12, 2022 9:28am
Quoting Steamroller
{quote} The way the price action is going in EU it feels like it has bottomed for a while. If inflation is starting to drop the dollar is going to have a hard time getting to .9780. At least that is the way I see it. I'm always wary of a 300 pip jump when the fundamentals are starting to shift. Watch price drop now :-)
price drop on?
  • #103,813
  • Sep 12, 2022 9:36am Sep 12, 2022 9:36am
Quoting Freelve
{quote} price drop on?
I think unless you sold 1.017+ I would wait until CPI.
  • #103,814
  • Sep 12, 2022 9:39am Sep 12, 2022 9:39am
Quoting Steamroller
{quote} I think unless you sold 1.017+ I would wait until CPI.
Currently still holding some shorts. got in at 1.0178.
  • #103,815
  • Sep 12, 2022 9:40am Sep 12, 2022 9:40am
Quoting Steamroller
{quote} I think unless you sold 1.017+ I would wait until CPI.
Whats you Tp on this if i may ask?
  • #103,816
  • Sep 12, 2022 9:46am Sep 12, 2022 9:46am
Quoting Freelve
{quote} Whats you Tp on this if i may ask?
I would go based on Gator's posts 1.0095ish before CPI. Trailing stop down.

I'm not in because I screwed up my entry and I'm also questioning dollar strength so just scalping now.

Ps if the money would help take the profit now. If it doesn't matter either way put your SL to BE + 10.
  • #103,817
  • Sep 12, 2022 12:07pm Sep 12, 2022 12:07pm
Quoting Steamroller
{quote} The way the price action is going in EU it feels like it has bottomed for a while. If inflation is starting to drop the dollar is going to have a hard time getting to .9780. At least that is the way I see it. I'm always wary of a 300 pip jump when the fundamentals are starting to shift. Watch price drop now :-)
I cant argue with the future. At some point this will fail. The first one of these was from .995x to 1.0368 to tp. The second was .036x to .9898LL TP. Third .9898 tp (or .9780) to look for a long to .1.0159. Later after (forth, current) 1.0159, to look for .9780. Working on 5 on the bounce after .9780. It may be 1.0349. But I think next quarter. It can over shoot 40 pips. 40 pips so far is the widest overshoot. 1.0369 was short by less than 1 pip.
those who can, do. those who cant, talk about those who can
  • #103,818
  • Sep 12, 2022 12:23pm Sep 12, 2022 12:23pm
Some things are random. Some things seem to have a pattern. The random pattern of 3 numbers. In a tight space seem not to be so random. I maybe wrong. There are even larger patterns, some smaller. So as this one gets more inline with PA it may be smoother. 25% and 50% may be more prominent the footsteps. In a path many travelers will lay foot prints over others. So it may get distorted looking. But as long as the larger tf recognize the larger foot prints. It may be the correct path.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 26 KB
Click to Enlarge Name: screenshot.png Size: 9 KB
those who can, do. those who cant, talk about those who can
  • #103,819
  • Sep 12, 2022 12:47pm Sep 12, 2022 12:47pm
most indicators 30 min 4h may be bullish. Price may still go up to make a HH over today's. That could change in a day or so. So far pa has dropped. W/o any other way to know, other than counting pips. I see the low about 12.5% lower in a path to .9780. If I'm wrong more indicators will turn bullish. My feelings will not be hurt when wrong. Because the risk, is decent for the reward. It was better at 1.0159+. By the time those indicators catch up. 1.0159+ will be in the rearview mirror. If this # 5 trend continues. The place to look for a long should be after 0.9780ish.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 9 KB
those who can, do. those who cant, talk about those who can
  • #103,820
  • Sep 13, 2022 1:30am Sep 13, 2022 1:30am
price it looking bullish pressing back toward 1.0159.. Back below 1.0122 closing, and holding. May allow the same with 1.0095. PA is on the edge of that chop zone. see yesterday's chart
those who can, do. those who cant, talk about those who can
168 traders viewing now, 1 is registered:
Molaro