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The Swamp

  • #103,961
  • Sep 16, 2022 7:15am Sep 16, 2022 7:15am
Quoting charlienoble
{quote} I sold it small. I am probably wrong but I have a feeling they already ate the stops they came for.
1.0005/06 has some R
those who can, do. those who cant, talk about those who can
  • #103,962
  • Sep 16, 2022 7:37am Sep 16, 2022 7:37am
GOLD COT report this week will be interesting....
Cheers!!
  • #103,963
  • Sep 16, 2022 7:53am Sep 16, 2022 7:53am
It looks like 1.0029/30 or 59.. When it breaks 1.0023 it probably will go 20 pips more. That puts it close to 1.0059. Norm is 1.0068 or 71.
those who can, do. those who cant, talk about those who can
  • #103,964
  • Sep 16, 2022 7:58am Sep 16, 2022 7:58am
Gotta love a friday
  • #103,965
  • Sep 16, 2022 11:01am Sep 16, 2022 11:01am
as long as bears hold H4 , I will continue shorting bonces...
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  • #103,966
  • Sep 16, 2022 11:13am Sep 16, 2022 11:13am
Quoting Boulder
as long as bears hold H4 , I will continue shorting bonces... {image}
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  • #103,967
  • Sep 16, 2022 11:23am Sep 16, 2022 11:23am
Quoting gatorinla
GBP: If price gets here sell your mother in-law for lard. Take that money. Look a short entry. It can overshoot some. But the GBP is so bearish, it may not overshoot to much. Next week b4 FOMC the pump may allow the GBP to climb. It has a chance to get here. There is a large pool here. {image}
I went back decades.. .8861 is in this mix too. Its probably stronger than .8813. The thing being, I dont know if .8813 will stop it. I try to use the closest, and strongest. It is stronger. That makes the range wider. I personally will use .8861. Then if it closes below 8851. Its viable to those white levels. Those levels are small. The blue one is larger. That should net 350 pips. Once .8863 is hit. I look for topping pa to enter. Closing below .8851 is a light confirmation. Better with larger closes.

Any white and blue has a potential bounce. I may look for a long after blue is reached.
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those who can, do. those who cant, talk about those who can
  • #103,968
  • Edited 1:00pm Sep 16, 2022 12:45pm | Edited 1:00pm
I'm thinking sell bounces. 6,521 greater on the short interest. Wednesday close after these positions was 9950. PA is above that now. But after Monday be prepared for a pump
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those who can, do. those who cant, talk about those who can
  • #103,969
  • Sep 16, 2022 1:27pm Sep 16, 2022 1:27pm
Quoting gatorinla
Euro dollar, euro verse most pairs is looking stronger here. But not in Friday's candle. {image}
This report is opposite.. Both longs and shorts were closed. Overall more longs were close. The euro looks to be spanked verse most pairs.
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those who can, do. those who cant, talk about those who can
  • #103,970
  • Sep 16, 2022 3:01pm Sep 16, 2022 3:01pm
EJ has a bearish agreement from commercial, and non commercial. I'm I hallucinating?
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those who can, do. those who cant, talk about those who can
  • #103,971
  • Sep 17, 2022 11:49am Sep 17, 2022 11:49am
Hi Gato,I dont see dmt trader's post any more hope he is doing fine because I know he is ur friend, I want to know, when U started as a newbie do you use any ind because I dont see you use any at the moment except cot expiring price i want to be a trader without any ind just using ind now to learn
  • #103,972
  • Edited 2:16am Sep 18, 2022 2:02am | Edited 2:16am
Quoting gatorinla
EJ has a bearish agreement from commercial, and non commercial. I'm I hallucinating? {image}
EJ may have topped for several hundred pips of drop last week. St 143.22/42 + some slippage may be all it retraces. The red line liquidity rejected it. Add Cot where commercial and none commercial sold it. This current bounce may be just profit taking. Strength wise that red line is strong. Granted this is against the trend. The dashed red is possible future uncommitted pool. The white weaker than red, but stronger than blue. White may be where to target. and blue for partials. Because it can bounce there. Yellow a tiny time frame could offer a entry. Some slippage can happen. Yellow is not strong R. I Think there will be further drop. 140 240 360 530 pips. Take your pips and monitor those yellow area pools. Cot also had the eur looking weaker on crosses. It may Gap down. Like last weeks gap up. Don't over risk. Have a s/l of no more than 1%. This is a yen pair. You have to plan a s/l before hand. A short is counter trend. For those yellow lines to be valid. Slippage can not be more than 50 pips above each yellow level. This is a wide scalp entry. But one trying to get a position trade on a bounce. When in those yellow levels look for your favorite indi entry. Void it if it dont look right. If you blow your account trading a yen pair against the trend. Than you didnt risk 1% or less. This is counter trend. Its risky to trade counter trend. So if you trade counter trend. You trades size should be smaller. This will either work, or it will blow up in your face. If you have profit or loss. and its not looking right. Take the profit/loss before your tp/sl hits.
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those who can, do. those who cant, talk about those who can
  • #103,973
  • Sep 18, 2022 2:46am Sep 18, 2022 2:46am
Quoting gatorinla
{quote} EJ may have topped for several hundred pips of drop last week. St 143.22/42 + some slippage may be all it retraces. The red line liquidity rejected it. Add Cot where commercial and none commercial sold it. This current bounce may be just profit taking. Strength wise that red line is strong. Granted this is against the trend. The dashed red is possible future uncommitted pool. The white weaker than red, but stronger than blue. White may be where to target. and blue for partials. Because it can bounce there. Yellow a tiny time frame could...
Its dropped 300 pips and retraced some. Its looking like longs will be squeezed further.
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those who can, do. those who cant, talk about those who can
  • #103,974
  • Sep 18, 2022 2:50am Sep 18, 2022 2:50am
Quoting gatorinla
{quote} Its dropped 300 pips and retraced some. Its looking like longs will be squeezed further. {image}
139.50 -138 has a shot. Possible long 137.4/137.9 area
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those who can, do. those who cant, talk about those who can
  • #103,975
  • Sep 18, 2022 3:15am Sep 18, 2022 3:15am
Quoting Enagy
Hi Gato,I dont see dmt trader's post any more hope he is doing fine because I know he is ur friend, I want to know, when U started as a newbie do you use any ind because I dont see you use any at the moment except cot expiring price i want to be a trader without any ind just using ind now to learn
I watch adr, candles, formation. pa response etc
those who can, do. those who cant, talk about those who can
  • #103,976
  • Sep 18, 2022 4:06am Sep 18, 2022 4:06am
I have a signal for buy and will start buying asap. (EUR/JPY). I'll post the chart later, not at home at the moment. However, with BoJ hanging above our heads we need to be cautious.

TP at 145. No more no less.

Maybe focus on USD/JPY and CHF/JPY also this week. They are also at the tops, but main focus on EUR/JPY of course.

I have a forum dedicated to EUR/JPY only so hop in if you want.
Client Sentiment: 80% of the traders are short!
  • #103,977
  • Sep 18, 2022 6:21am Sep 18, 2022 6:21am
Quoting TheWolf
I have a signal for buy and will start buying asap. (EUR/JPY). I'll post the chart later, not at home at the moment. However, with BoJ hanging above our heads we need to be cautious. TP at 145. No more no less. Maybe focus on USD/JPY and CHF/JPY also this week. They are also at the tops, but main focus on EUR/JPY of course. I have a forum dedicated to EUR/JPY only so hop in if you want. Client Sentiment: 80% of the traders are short!
Yeah I did see that sentiment about 80% being short. The thing is. They are almost 700 pips in the hole. That may distort that some. The same shorts were 950 pips averaged in the hole last week. So evidently they have some holding power. They refuse to close. A lot of retail hedges I suspect. This is some of the reason there so many retail shorts. I know banks, and hedge funds over a dollar amount have to register in the commercial and none commercial category. The others are assumed to be retailors. Your using a brokers sentiment, I assume. The COT contract assessment may be closer close to actual sentiment. No sure way to tell. Cot has its drawbacks too. Its assessment was trades prier to Wednesdays close. Some of these longs may have already tp. Futures wise on the euro. Favors a eur short. I understand your method, and reasons. I have been burned using it before. Lets see what happens.
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those who can, do. those who cant, talk about those who can
  • #103,978
  • Sep 18, 2022 6:36am Sep 18, 2022 6:36am
Quoting gatorinla
{quote} Yeah I did see that sentiment about 80% being short. The thing is. They are almost 700 pips in the hole. That may distort that some. The same shorts were 950 pips averaged in the hole last week. So evidently they have some holding power. They refuse to close. A lot of retail hedges I suspect. This is some of the reason there so many retail shorts. I know banks, and hedge funds over a dollar amount have to register in the commercial and none commercial category. The others are assumed to be retailors. Your using a brokers sentiment, I assume....
average short may be here
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those who can, do. those who cant, talk about those who can
  • #103,979
  • Sep 18, 2022 7:00am Sep 18, 2022 7:00am
Quoting gatorinla
{quote} average short may be here {image}
I surmise None commercial and commercial placed heavy shorts above 144.76 pool (see COT). It dropped after. It may not stop till 200 or 500 more pips.. see white levels.. Those are possible bounce points. The blue one too. But the blue is very small compared to the red are white. A bounce to a hh after is fine. I have a blue line above the atm high on the chart. It can provide a drop sometime after slippage. The upper red line is no longer important. It completed.
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those who can, do. those who cant, talk about those who can
  • #103,980
  • Sep 18, 2022 8:29am Sep 18, 2022 8:29am
Interesting times on Oklahoma highways

https://www.yahoo.com/entertainment/...194731231.html
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