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  • #106,321
  • Jan 22, 2023 3:58pm Jan 22, 2023 3:58pm
Daily close was a new high2, everything is/looks bullish... RR wise is still short for me without the high being broken... a daily close on Friday below 1.083x could look bearish. its still 5 days out.
  • #106,322
  • Jan 22, 2023 10:32pm Jan 22, 2023 10:32pm
EG is testing the R. This .8774 R is the reason I shorted. It will be a reason to close if it cant hold closes.
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those who can, do. those who cant, talk about those who can
  • #106,323
  • Jan 22, 2023 11:38pm Jan 22, 2023 11:38pm
Quoting gatorinla
EG is testing the R. This .8774 R is the reason I shorted. It will be a reason to close if it cant hold closes. {image}
EG .8774 is not holding. The Larger year R is .8825. Since the week closed below .8774. I thought it may hold, It didnt. It may have an attraction to .8809. The R at .8825 may stop a rise long term. Its below 08825.. That's bearish to me, as long as it is below .8825. If it runs back to 0.8825ish I will short. If its above .8825, that changes to a long bias.
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those who can, do. those who cant, talk about those who can
  • #106,324
  • Jan 23, 2023 1:19am Jan 23, 2023 1:19am
Hi Gator, may I ask your view on EU since we have climb above 0900?
Patience, Emotion Control and Discipline.
  • #106,325
  • Jan 23, 2023 6:56am Jan 23, 2023 6:56am
Quoting gatorinla
looking to tp eg around 8647,, Its testing the PP 8759 from below now,, {image}
Im short that turd too...


been holding from .8870, TG .8620..

Would really like to see it happen on the back of GBP strength more than Eur weakness...
  • #106,326
  • Jan 23, 2023 7:29am Jan 23, 2023 7:29am
Quoting gatorinla
eu closed the week above 1.0835 and opened above 1.0835.. I cant be short.. I can long a retrace 1.0710 and allow for some slip.. Support to me is 1.07ish..
The same 1.0835 area may support EU. ADR is in this area today.
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those who can, do. those who cant, talk about those who can
  • #106,327
  • Jan 23, 2023 7:52am Jan 23, 2023 7:52am
Quoting johncen
Hi Gator, may I ask your view on EU since we have climb above 0900?
The same as before.. 1.07/1.0835+ with large closes is bullish to me. It closed and opened a week above 1.0835. A month above 1.035 would be stronger.
I dont consider a week large, but its the largest this year. Since 1.0835 is a big one bulls needed to break, now above it. It may support it. Nothing changed for me. Now bulls need to close Jan above 1.0835, later the quarter. 1.1186/slip, if it makes it there. Is where I look for a drop. As long as pa is closing above and near 1.07/1.0835. I think it can rise. As long as that's true. 1.1186 is a target/slip. Once above 1.1186/slip, the rise may change. There was some complication here at 1.07 and 1.0835.. Those same complications can affect a fall. Frog in a blender area is here. It held the climb for 5 weeks here. It can hold it up the same way on a drop. Plus the debt ceiling is more advantages to a rise.
those who can, do. those who cant, talk about those who can
  • #106,328
  • Jan 23, 2023 8:24am Jan 23, 2023 8:24am
There is a smaller algo before 1186/slip, at 1.0944/slip. Pa may go to that smaller one and fall. A possible chance may come to long 1.0835 again, after 1.0944/slip.
those who can, do. those who cant, talk about those who can
  • #106,329
  • Jan 23, 2023 8:33am Jan 23, 2023 8:33am
It hasn't tested 1.0835 from above. It may not, but it may act as support area now. It may detour similar to this once above 1.0944.
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those who can, do. those who cant, talk about those who can
  • #106,330
  • Jan 23, 2023 11:38am Jan 23, 2023 11:38am
Quoting Wulfgar
{quote} Im short that turd too... been holding from .8870, TG .8620.. Would really like to see it happen on the back of GBP strength more than Eur weakness...
different brokers different numbers. i think a close tomorrow below -8774 is favorable to fall. A close today below could be bearish for the week average range at 8646, The month average at 8649..
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those who can, do. those who cant, talk about those who can
  • #106,331
  • Jan 23, 2023 12:41pm Jan 23, 2023 12:41pm
Quoting gatorinla
{quote} different brokers different numbers. i think a close tomorrow below -8774 is favorable to fall. A close today below could be bearish for the week average range at 8646, The month average at 8649.. {image} {image}
Gator, what about the hawkish speaks from ECB members vs the more dovish BOE? ECB keeps promising hikes unanimously, while BOE are split and some don't want to hike rates.
Price = the amount a greater fool is willing to pay!
  • #106,332
  • Jan 23, 2023 8:40pm Jan 23, 2023 8:40pm
not much here.
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those who can, do. those who cant, talk about those who can
  • #106,333
  • Jan 23, 2023 8:46pm Jan 23, 2023 8:46pm
Quoting Pip-hunter
{quote} Gator, what about the hawkish speaks from ECB members vs the more dovish BOE? ECB keeps promising hikes unanimously, while BOE are split and some don't want to hike rates.
Than it will be bullish, if it can close above .8825. There is always "what if". "What if" its unable to close above .8825? You have the same info as most of the world. Why was it unable to take .8825 yesterday? I clearly dont know why. I do know it has to get above .8825 to run higher. I dont mind letting the news run to it above it etc. Let pa close above it, let pa treat it as support.

But if tomorrow day closes below .8774. That's a sign of bearish. Below .8825 should be too (not as strong as below .8774)

Bullish above .8825
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those who can, do. those who cant, talk about those who can
  • #106,334
  • Jan 23, 2023 8:50pm Jan 23, 2023 8:50pm
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those who can, do. those who cant, talk about those who can
  • #106,335
  • Jan 24, 2023 5:20am Jan 24, 2023 5:20am
Quoting gatorinla
{quote} Than it will be bullish, if it can close above .8825. There is always "what if". "What if" its unable to close above .8825? You have the same info as most of the world. Why was it unable to take .8825 yesterday? I clearly dont know why. I do know it has to get above .8825 to run higher. I dont mind letting the news run to it above it etc. Let pa close above it, let pa treat it as support. But if tomorrow day closes below .8774. That's a sign of bearish. Below .8825 should be too (not as strong as below .8774) Bullish above .8825 {image}
decent giveback overnight on GBP weakness, exactly what I didn’t want to happen tbh…

Ill reduce on the close if we see follow through
  • #106,336
  • Jan 24, 2023 8:31am Jan 24, 2023 8:31am
Quoting gatorinla
{quote} The same 1.0835 area may support EU. ADR is in this area today. {image}
s/l moved to 1.0870
those who can, do. those who cant, talk about those who can
  • #106,337
  • Jan 24, 2023 8:43am Jan 24, 2023 8:43am
Quoting gatorinla
{quote} s/l moved to 1.0870
I closed 3/4. Adding at 20 at pip intervals on rises. s/l at b.e+ on all later trades after 18+ pips. I will do it for 6 adds. If it dont rise, The last 1/4 will be stopped in profit.
those who can, do. those who cant, talk about those who can
  • #106,338
  • Jan 24, 2023 8:44am Jan 24, 2023 8:44am
closed manual before 0870. Placed the same 1/4 trade at 1.0859 + spread
those who can, do. those who cant, talk about those who can
  • #106,339
  • Jan 24, 2023 8:51am Jan 24, 2023 8:51am
Just a 1/4 size against the low for a stop.1.0859.x
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those who can, do. those who cant, talk about those who can
  • #106,340
  • Jan 24, 2023 10:04am Jan 24, 2023 10:04am
[quote=gatorinla;14299470]closed manual before 0870. Placed the same 1/4 trade at 1.0859 + spread[/quote] I didnt get the entry on the retrace. Took a long on the close above 1.0881,, S/l 0866
those who can, do. those who cant, talk about those who can
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