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The Swamp

  • #104,741
  • Edited 9:52am Oct 9, 2022 9:34am | Edited 9:52am
I dont want to be one sided on the usd. I dont need to trade any trade until the prey is in the tall grass. EU .9602.3 or 9588.5 have algos. The one at .9602 is the larger. I will look 9602 and below. But i cant trade either side of usd. With too much leverage on so many pairs.. Atm with that higher EG taget from Friday. The gu can reach 1.0916. By that time maybe the eg will hit that upper target and eu can drop and gu can rise.

The chart uses the larger eu algo. But if its .9588.5 The window is that much larger. No real way to know how it will go. Since .9588 is in the .9202 algo/slip. All you can do is look for bear exhaustion. And find a spot to enter. I may place spaced 8 entries, with each risk at .05%. The lower it went within the box. My risk per trade would be equal. But on the reward side, the size of each trade grows. Amplifying the reward if successful.
This way I take out the need to find the exhaustion spot, i can sleep
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those who can, do. those who cant, talk about those who can
  • #104,742
  • Oct 9, 2022 4:41pm Oct 9, 2022 4:41pm
Quoting Boulder
{quote} thank you.. still running on another account... {image}
we be in "high cotton" if it runs to 1666.66 before Wednesday
those who can, do. those who cant, talk about those who can
  • #104,743
  • Oct 10, 2022 3:48am Oct 10, 2022 3:48am
I started buying EURUSD @.9684
The best thing that can happen to you is to find out where you're wrong.
  • #104,744
  • Oct 10, 2022 9:58am Oct 10, 2022 9:58am
Quoting gatorinla
{quote} we be in "high cotton" if it runs to 1666.66 before Wednesday
Shitting in "high cotton"
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those who can, do. those who cant, talk about those who can
  • #104,745
  • Oct 10, 2022 10:00am Oct 10, 2022 10:00am
Quoting gatorinla
{quote} we be in "high cotton" if it runs to 1666.66 before Wednesday
YOU Made it !!!!! 8% on one of my accounts...
You are one of top 1% traders in the world!!!! Thank you very much!!!
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  • #104,746
  • Oct 10, 2022 10:06am Oct 10, 2022 10:06am
Quoting Boulder
{quote} YOU Made it !!!!! 8% on one of my accounts... You are one of top 1% traders in the world!!!! Thank you very much!!! {image}
That wasn't the target. That was a financial goal. I will try to find a new bounce entry. I gave some entries for eu and gbp last week. Plus i didnt have a good setting for gold slip. I need to study more. That was 13% slip setting. If I had studied more the entry would be better. You would have 100k with the same risk. I think you had 1.5% drawdown. It should of been less, and that added to reward.
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those who can, do. those who cant, talk about those who can
  • #104,747
  • Oct 10, 2022 10:10am Oct 10, 2022 10:10am
Congrats guys. Very nice.
  • #104,748
  • Oct 10, 2022 10:20am Oct 10, 2022 10:20am
Aud is bearish as hell.. I dont see it bouncing.. But if it does .68xx looks like a rivers edge short. Pay attention at the lower box. If its to bounce -.6213 .. That's a place on the radar. China news is bad for the AUD.. But when its there the eu may be below .9602 and the gbp 1.0916.. This is where the usd may weaken.
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those who can, do. those who cant, talk about those who can
  • #104,749
  • Oct 10, 2022 10:24am Oct 10, 2022 10:24am
Quoting gatorinla
{quote} That wasn't the target. That was a financial goal. I will try to find a new bounce entry. I gave some entries for eu and gbp last week. Plus i didnt have a good setting for gold slip. I need to study more. That was 13% slip setting. If I had studied more the entry would be better. You would have 100k with the same risk. I think you had 1.5% drawdown. It should of been less, and that added to reward. https://www.youtube.com/watch?v=iX_TFkut1PM {image}
A generic gold short 1706.xx/slip is a place, but i doubt it will go there. Its in no way a call to long it. Play with your balls until it gets in the tall grass. 1690/91 is closer. It may not get there either. So place a few pendings. Sometimes the trap triggers. If it dont , no harm no foul. A lion dont eat every gazelle it chases. He just waits by the water hole. He dont waste his time or effort chasing strong prey. Sometimes a weak sick elephant crosses the path.
those who can, do. those who cant, talk about those who can
  • #104,750
  • Oct 10, 2022 10:39am Oct 10, 2022 10:39am
Congratulation guys ,you deserve the rewards ..
  • #104,751
  • Oct 10, 2022 12:10pm Oct 10, 2022 12:10pm
5th attempt on lower tfs to break 9690. 6th if you include a failed break. 9747 for a short?
dreams do come true.
  • #104,752
  • Oct 10, 2022 3:18pm Oct 10, 2022 3:18pm
I was waiting for eur/gbp go to .8902. It may not get there. Either way I want to short it to .8502 or lower.
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those who can, do. those who cant, talk about those who can
  • #104,753
  • Oct 10, 2022 8:46pm Oct 10, 2022 8:46pm
Quoting gatorinla
I dont want to be one sided on the usd. I dont need to trade any trade until the prey is in the tall grass. EU .9602.3 or 9588.5 have algos. The one at .9602 is the larger. I will look 9602 and below. But i cant trade either side of usd. With too much leverage on so many pairs.. Atm with that higher EG taget from Friday. The gu can reach 1.0916. By that time maybe the eg will hit that upper target and eu can drop and gu can rise. The chart uses the larger eu algo. But if its .9588.5 The window is that much larger. No real way to know how it will...
no change, charts were provided
those who can, do. those who cant, talk about those who can
  • #104,754
  • Oct 10, 2022 8:57pm Oct 10, 2022 8:57pm
looking for some longs.. Based on risk to reward short term. . And the chance for a continued eu run to 1.0349 or 1.0805.5 and gbp 1.1599
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those who can, do. those who cant, talk about those who can
  • #104,755
  • Oct 10, 2022 9:57pm Oct 10, 2022 9:57pm
Quoting gatorinla
looking for some longs.. Based on risk to reward short term. . And the chance for a continued eu run to 1.0349 or 1.0805.5 and gbp 1.1599 {image} {image}
hi gator, may i ask why you're still insisted EU will fly to 1.03 despite many bad news happened in whole europe affected by Russia-Ukraine's war, lack of gas , germany deindustrialization issue and climate change and etc?
is that based on technical that price should have to visit those area before drop further or something bad will happen in US that may crush US Dollar?

Thanks in advance.
  • #104,756
  • Oct 10, 2022 10:48pm Oct 10, 2022 10:48pm
Quoting hans91
{quote} hi gator, may i ask why you're still insisted EU will fly to 1.03 despite many bad news happened in whole europe affected by Russia-Ukraine's war, lack of gas , germany deindustrialization issue and climate change and etc? is that based on technical that price should have to visit those area before drop further or something bad will happen in US that may crush US Dollar? Thanks in advance.
Not really insisting. I cant say it will do one thing or another, The trend it down. It will be down at 1.0349 and 1.08055 to me. Although its down. It does a few things in a sequence. Its not that i dont think pa is bearish. Pa hit .9595. Hitting it, deserves a large bounce. It also deserves to reach a R of equal importance as .9595/slip was support. Atm 1.01xx R is not mature (its of like size of .9595). 1.0805 is mature and its the closest number equal to .9595. Although its smaller, its the next largest. 1.0349 is smaller than than it. Pa usually tries to balance to a level of like importance. ATm the closest would be 1.0349 or 1.0805. Pa can db in the .9595 area, Just like it did in the example. I quoted a month back before .9595 was ever reached. That bounce was 1250 pips. In this current downtrend since 1.6034. 1250 pips can yield 1.0805/1.0835.
St there is a little liquid at .9502 or .958x.. Yhe larger is .9602.. 13% slip for .9834 is .9570.. That's a small pool area. If I use 1.0805 that pool could be deeper.

Too many people are bearish. They are right. But they have small accounts with a short memory. 100 or 1000 pips is nothing to a commercial investor. Its a life savings to a leveraged retailer. They want your money.
those who can, do. those who cant, talk about those who can
  • #104,757
  • Oct 10, 2022 11:02pm Oct 10, 2022 11:02pm
Quoting gatorinla
{quote} Not really insisting. I cant say it will do one thing or another, The trend it down. It will be down at 1.0349 and 1.08055 to me. Although its down. It does a few things in a sequence. Its not that i dont think pa is bearish. Pa hit .9595. Hitting it, deserves a large bounce. It also deserves to reach a R of equal importance as .9595/slip was support. Atm 1.01xx R is not mature (its of like size of .9595). 1.0805 is mature and its the closest number equal to .9595. Although its smaller, its the next largest. 1.0349 is smaller than than it....
I trade R/R. I risk the pool bounce. To the next pool of an equal or like size.
those who can, do. those who cant, talk about those who can
  • #104,758
  • Oct 10, 2022 11:12pm Oct 10, 2022 11:12pm
Quoting gatorinla
{quote} Not really insisting. I cant say it will do one thing or another, The trend it down. It will be down at 1.0349 and 1.08055 to me. Although its down. It does a few things in a sequence. Its not that i dont think pa is bearish. Pa hit .9595. Hitting it, deserves a large bounce. It also deserves to reach a R of equal importance as .9595/slip was support. Atm 1.01xx R is not mature (its of like size of .9595). 1.0805 is mature and its the closest number equal to .9595. Although its smaller, its the next largest. 1.0349 is smaller than than it....
yes, but i think in otherwise that if it's too bearish, with this unchanged situation in europe that drain their economic power each day very hard to see that will close above parity, besides MM could make PA more bearish even super bearish i think if there is no change and worse. so, need something good in fundamental in europe or something bad in USA to weaken DXY i think.. don't know this will end.
  • #104,759
  • Oct 11, 2022 12:05am Oct 11, 2022 12:05am
Quoting hans91
{quote} yes, but i think in otherwise that if it's too bearish, with this unchanged situation in europe that drain their economic power each day very hard to see that will close above parity, besides MM could make PA more bearish even super bearish i think if there is no change and worse. so, need something good in fundamental in europe or something bad in USA to weaken DXY i think.. don't know this will end.
When a large amount of trades are short. It finds a balance. It dont necessary continue to fall. Its balanced in a small range. Like a seesaw at a kids playground. Large institutions can decide to close or add a lot of trades to tilt it. The black boxes will add to the momentum. It can defy a trend long enough to eat a lot of shorts. It bounced from .95xx and did just that. It can do it again even further.. Its eating longs now. More shorts were added on the rise. Next time it should eat those shorts. By the time it gets to 1.0349 and 1.0805, many will be long. They will think its a trend change. Then it will fall and make a new LL.

Making a HL now will make many want to hold longs. Followed by 1.0349 will add to trend change outlook. Then Lucy takes the ball.

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those who can, do. those who cant, talk about those who can
  • #104,760
  • Oct 11, 2022 12:19am Oct 11, 2022 12:19am
Quoting gatorinla
I was waiting for eur/gbp go to .8902. It may not get there. Either way I want to short it to .8502 or lower. {image}
I put a few pending shorts here (.8902+23). Bedtime. tp .85ish
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