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The Swamp

  • #104,321
  • Sep 27, 2022 2:21pm Sep 27, 2022 2:21pm
Quoting gatorinla
Imagine pa at .9550 . In a strong downtrend. And some dummy on the net, is telling you pa may run up to .9807 .9945, .9900 1.0349. Its not like one has to long it.. Just look to sell it when its there, Allow for some slip.. 30/50 {image} {image}
Always appreciated that you share with us your levels. Like you said helpful on both sides

and actually we might close as a doji on daily tf
Patience, Emotion Control and Discipline.
  • #104,322
  • Sep 27, 2022 3:49pm Sep 27, 2022 3:49pm
I dont know. The trend is short. Most fundis are not indicating long. Most indicators point down. All I can say after that is. There is a algo that was filled when .9595 was hit. I dont have anything else. Other than that butterfly harmonic. That popped up after i had already mentioned .9595. No argument from me. About the strong down trend or anything else about shorting. I see it. I target 0.8 and maybe 0.77 and less.

But that dont change the algo. Or most often when one is reached. Allowing for some slip. Pa tends to bounce. This is a large algo. A bounce can be large. The one i compared it to was/is 1250 pips. I dont see the 1280 pips. I just see the result of the older one. They dont always work. Nothing in trading is 100%. Last week .9780 failed. This one did bounce 150 pips once. I consider that a fail. Because it never hit another algo near its size. Not even a weekly one. 1.0349 would screw a lot of people. That's what its all about. Separating you from your money.
those who can, do. those who cant, talk about those who can
  • #104,323
  • Sep 27, 2022 3:59pm Sep 27, 2022 3:59pm
The crotch on the butterfly at 1.0635. It can be a target too. This is not why i chose .9595. I just recently added it the gartley

Pa can very easily run to .9807, .9807 is no match for .9595 bounce. But it is higher than pa atm is.
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those who can, do. those who cant, talk about those who can
  • #104,324
  • Sep 27, 2022 7:38pm Sep 27, 2022 7:38pm
I zoomed in on a 12h candle. I circled the down before, The first bounce 189 pips. The second bounce 580. This would probably more inline with the current fundi's. At least more easier to hit. .9959. That's about 400 pips. Those others are valid. This lines up with .9945
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those who can, do. those who cant, talk about those who can
  • #104,325
  • Sep 27, 2022 9:03pm Sep 27, 2022 9:03pm
I picked the wrong week to stop sniffing glue
  • #104,326
  • Sep 27, 2022 10:25pm Sep 27, 2022 10:25pm
Quoting charlienoble
I picked the wrong week to stop sniffing glue
I'll stick to women's necks.
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those who can, do. those who cant, talk about those who can
  • #104,327
  • Sep 27, 2022 10:31pm Sep 27, 2022 10:31pm
All against the trend. USDX
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those who can, do. those who cant, talk about those who can
  • #104,328
  • Sep 27, 2022 10:44pm Sep 27, 2022 10:44pm
Quoting gatorinla
{quote} I'll stick to women's necks. {image}
Gator I am with you on this one. Fundamental all against it but technical I see a chance. R/r is not bad actually
Patience, Emotion Control and Discipline.
  • #104,329
  • Sep 27, 2022 10:51pm Sep 27, 2022 10:51pm
Quoting johncen
{quote} Gator I am with you on this one. Fundamental all against it but technical I see a chance. R/r is not bad actually
I normally rather let it bounce. To short it later. I did enter some on this one. Just for the r/r.. Not because its bullish. Its bearish as all hell.
those who can, do. those who cant, talk about those who can
  • #104,330
  • Sep 27, 2022 11:00pm Sep 27, 2022 11:00pm
Quoting gatorinla
{quote} I normally rather let it bounce. To short it later. I did enter some on this one. Just for the r/r.. Not because its bullish. Its bearish as all hell.
50 pips on dxy would get it to 115, nice place to drop and should put EU on that trend line
  • #104,331
  • Sep 27, 2022 11:02pm Sep 27, 2022 11:02pm
Quoting gatorinla
{quote} I normally rather let it bounce. To short it later. I did enter some on this one. Just for the r/r.. Not because its bullish. Its bearish as all hell.
Of course, nothing fundamental changes the trend unless the war ends tomorrow.
Patience, Emotion Control and Discipline.
  • #104,332
  • Sep 27, 2022 11:26pm Sep 27, 2022 11:26pm
15 min chart. support holding for now. but it seems another attack is on the way

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  • #104,333
  • Sep 28, 2022 1:37am Sep 28, 2022 1:37am
Quoting Boulder
{quote} Done for the day... going forward, I just do fast scalp 4 to 5 hours a day.... no more position trading... no more holding positions overnight either.,, {image}
yes, 10 pips at a time.
A snails pace wins the race :-)
  • #104,334
  • Sep 28, 2022 2:28am Sep 28, 2022 2:28am
I bought some GOLD @1617.50
The best thing that can happen to you is to find out where you're wrong.
  • #104,335
  • Sep 28, 2022 4:32am Sep 28, 2022 4:32am
This support still holding wiith one fake breakout

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  • #104,336
  • Sep 28, 2022 4:35am Sep 28, 2022 4:35am
This is crazy market..with bearish overextended trend...be nimble...esp US10Y reached 4% overnight...
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  • #104,337
  • Sep 28, 2022 4:39am Sep 28, 2022 4:39am
Quoting Boulder
This is crazy market..with bearish overextended trend...be nimble...esp US10Y reached 4% overnight... {image}
Keep this in mind...day range low 0.9485... day range high 0.9650
  • #104,338
  • Edited 5:20am Sep 28, 2022 5:08am | Edited 5:20am
A little break in the structure. 60 pips. The first low was .9550. 20 pips below .1530. Somewhere 20ish pips below stops are taken often before a bounce. That may have happened at .9534. I say genetically 20 pips. It could be less or more.
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those who can, do. those who cant, talk about those who can
  • #104,339
  • Sep 28, 2022 5:09am Sep 28, 2022 5:09am
Quoting Boulder
{quote} Keep this in mind...day range low 0.9485... day range high 0.9650
There was big spike in euro and all currencies and equities..but quickly sold.. any news
  • #104,340
  • Sep 28, 2022 5:13am Sep 28, 2022 5:13am
Quoting euroboy2208
{quote} There was big spike in euro and all currencies and equities..but quickly sold.. any news

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