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  • #104,181
  • Sep 23, 2022 7:44am Sep 23, 2022 7:44am
I got stopped on eu.. This was the first to overshoot this far (out of 5). This was the first long I traded. I was only shorting the bounces, or little scalps. Next week a possible short .9945/slip
those who can, do. those who cant, talk about those who can
  • #104,182
  • Sep 23, 2022 7:50am Sep 23, 2022 7:50am
Today is Friday and it often happens that the current trend lasts until the close
so as to have an almost non-existent lower shadow on the daily candle ...
... but despite this I bought a small chunk of EURUSD @ 0.9710

...let's pray
The best thing that can happen to you is to find out where you're wrong.
  • #104,183
  • Sep 23, 2022 7:53am Sep 23, 2022 7:53am
Quoting gatorinla
I got stopped on eu.. This was the first to overshoot this far (out of 5). This was the first long I traded. I was only shorting the bounces, or little scalps. Next week a possible short .9945/slip
9945 seems far away now with euro dropped under 9780 and 9736-50 does not hold.
I can only see max 9850 for now.

is 9696 means anything to you Gator?
Patience, Emotion Control and Discipline.
  • #104,184
  • Edited 8:13am Sep 23, 2022 8:02am | Edited 8:13am
Quoting gatorinla
I got stopped on eu.. This was the first to overshoot this far (out of 5). This was the first long I traded. I was only shorting the bounces, or little scalps. Next week a possible short .9945/slip
Looking to short .9945/slip, if it has not reached .9595 first. If it has reached .9595. I will look for the opposite. .9595/96 is a big one also. But its long been dry. Commercials and non commercials should cut shorts here. They should add longs here. This area has the makings of a large bounce.

Once .9595 is hit. If the news is usd positive. Followed by a rise in the EU. That's opposite of normal. Its probably being honest. It may not slowdown for .9949 too much. The next area strong enough may be 1.0349.
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those who can, do. those who cant, talk about those who can
  • #104,185
  • Sep 23, 2022 8:12am Sep 23, 2022 8:12am
day like today would have been very hard on me in the past. today not so bad. key to this game, get slow, until it's time to be nimble. Knew I should have stayed away from gu
  • #104,186
  • Sep 23, 2022 8:17am Sep 23, 2022 8:17am
Pound dragged EU this low
  • #104,187
  • Sep 23, 2022 8:26am Sep 23, 2022 8:26am
Quoting johncen
{quote} 9945 seems far away now with euro dropped under 9780 and 9736-50 does not hold. I can only see max 9850 for now. is 9696 means anything to you Gator?
Its far away. I dont suggest longing it. next week as a general rule. Its better than 50/50 to return to .9945. Next quarter 1.0349 is about 50/50. So if .9595 was to hold (remain untouched). 1.0349 would have a better shot. When .9780 was hit. It usually have a large bounce to follow. The rule of the 11.5% for stops is just my way of taking a s/l. Its not going to influence pa. I have that to save my ass.
those who can, do. those who cant, talk about those who can
  • #104,188
  • Sep 23, 2022 8:31am Sep 23, 2022 8:31am
Quoting charlienoble
day like today would have been very hard on me in the past. today not so bad. key to this game, get slow, until it's time to be nimble. Knew I should have stayed away from gu
If the stops need to be placed at the time the trade is made. Before the FOMO emotion takes over.
those who can, do. those who cant, talk about those who can
  • #104,189
  • Sep 23, 2022 8:39am Sep 23, 2022 8:39am
USD/CAD longs have been very generous
  • #104,190
  • Sep 23, 2022 9:08am Sep 23, 2022 9:08am
Quoting Driver55
Today is Friday and it often happens that the current trend lasts until the close so as to have an almost non-existent lower shadow on the daily candle ... ... but despite this I bought a small chunk of EURUSD @ 0.9710 ...let's pray
Same considerations as above ...
and maybe this is off topic ...
but here, (USTEC) @ 11260, I have started buying pieces of nasdaq and consequently I expect / hope a minimum of retracement of the $ Index (December expiration), resulting in an increase in the value of EURUSD ... hopefully
The best thing that can happen to you is to find out where you're wrong.
  • #104,191
  • Sep 23, 2022 9:20am Sep 23, 2022 9:20am
the average long was 1.07 not long ago. The average between the 2 is 63 pips now. PA is a little over 100 pips above .9595. Something has to give soon. Average break even on those trades 1.0092. Potential for a very large bounce is coming.
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those who can, do. those who cant, talk about those who can
  • #104,192
  • Sep 23, 2022 9:28am Sep 23, 2022 9:28am
Quoting gatorinla
the average long was 1.07 not long ago. The average between the 2 is 63 pips now. PA is a little over 100 pips above .9595. Something has to give soon. Average break even on those trades 1.0092. Potential for a very large bounce is coming. {image}

somebody has to want to pocket some money soon
  • #104,193
  • Sep 23, 2022 9:41am Sep 23, 2022 9:41am
in 90 min. Powell speech
The best thing that can happen to you is to find out where you're wrong.
  • #104,194
  • Edited 10:16am Sep 23, 2022 9:55am | Edited 10:16am
The last time PA had a similar event like .9795/96 was 20016. The slip was 45 pips. The eventual bounce was 1,250 pips after. A like bounce on eu could bring 1.0349+. PA is bearish now. As it was in 2016. Check if your system for agreement. .9785-.0045 pips provides a window .9750/95 to evaluate. I'm will too long this one. Commercials and non commercials see this already.
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those who can, do. those who cant, talk about those who can
  • #104,195
  • Sep 23, 2022 10:18am Sep 23, 2022 10:18am
Quoting gatorinla
The last time PA had a similar event like .9795/96 was 20016. The slip was 45 pips. The eventual bounce was 1,250 pips after. A like bounce on eu could bring 1.0349+. PA is bearish now. As it was in 2016. Check if your system for agreement. .9785-.0045 pips provides a window .9750/95 to evaluate. I'm will too long this one. Commercials and non commercials see this already. {image}
I was looking at a 1 year chart in the above statement. I zoomed out to a 1 week here. You can see how bearish it was, You can see the bounce.
It hit 1.0507, it slipped below 45 pips. It bounced 1250 pips after. 1.0507 is like .9795/96.
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those who can, do. those who cant, talk about those who can
  • #104,196
  • Sep 23, 2022 10:33am Sep 23, 2022 10:33am
Quoting gatorinla
{quote} I was looking at a 1 year chart in the above statement. I zoomed out to a 1 week here. You can see how bearish it was, You can see the bounce. It hit 1.0507, it slipped below 45 pips. It bounced 1250 pips after. 1.0507 is like .9795/96. {image}
1250 pips is not likely. I did not see it then. I do not see it now. Especially with the spread. When Covid hit. The spread didnt mean shit. I know because I thought it would. The eu went up. Don't get caught. Lots of time to short to 0.77 later. I have a 1200 pip pool at 1.0855. This dont mean anything unless it happens. Just keep it in the possibilities. Last time it took about 3 months to make the 1200 pips. That's about year end.
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those who can, do. those who cant, talk about those who can
  • #104,197
  • Sep 23, 2022 10:36am Sep 23, 2022 10:36am
Quoting gatorinla
{quote} I was looking at a 1 year chart in the above statement. I zoomed out to a 1 week here. You can see how bearish it was, You can see the bounce. It hit 1.0507, it slipped below 45 pips. It bounced 1250 pips after. 1.0507 is like .9795/96. {image}
Exact I have never seen this line stay flat for so long except during the period you mention
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  • #104,198
  • Sep 23, 2022 10:41am Sep 23, 2022 10:41am
Quoting -sonny-
{quote} Exact I have never seen this line stay flat for so long except during the period you mention {image}
Huge pump on EU soon?
  • #104,199
  • Edited 11:28am Sep 23, 2022 11:10am | Edited 11:28am
Quoting Dera007
{quote} Huge pump on EU soon?
it'a monthly chart can take 1 month or 2 or be quick but we can start to buy some slowly next month at very low levels, the levels gatorinla mentioned seems to be a good start
  • #104,200
  • Sep 23, 2022 11:23am Sep 23, 2022 11:23am
Quoting Dera007
{quote} Huge pump on EU soon?
caution.. The fed is raising. Putin nuke worries. Putin is trying to BS the world. Making parts of Ukraine, Russia's. He will probably make the areas in Ukraine he stole. Have those people forced to fight Ukraine. The little Napoleon wanna be, lost his little mind.

Tech should pump.. The other stuff going on may a weigh on a bounce.
those who can, do. those who cant, talk about those who can
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