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The Swamp

  • #106,661
  • Feb 7, 2023 9:42am Feb 7, 2023 9:42am
Quoting gatorinla
I shot my horse before stop
103.88 doing what it does....It certainly has some slip because of the size of the level...

Ill leg into another long at 1.0653... bigger reduction levels under 1.0627(Ill start selling rallies to get out before then)
  • #106,662
  • Feb 7, 2023 9:57am Feb 7, 2023 9:57am
Quoting Don96
{quote} 1.0672, took a long 5 above SL below the low SL @ b.e… small res here just under 1.07… will still look to short 1.0710
took a short @92, SL 97 still in long at b.e
  • #106,663
  • Feb 7, 2023 10:00am Feb 7, 2023 10:00am
Quoting Don96
{quote} took a short @92, SL 97 still in long at b.e
took one on GU at 1.2011… stop is tight, probably stopped before I post this

edit 1.20105** stops at b.e early.

stops taken B.E, original stop was 2 pips…
  • #106,664
  • Feb 7, 2023 10:04am Feb 7, 2023 10:04am
103.88 did what it does and gave us our momentum bar into the fix. Next step is to sit, wait and see the range before powell. Lately Powell has been murdering shorts and destroying put premium. But who knows? Seems like aome sort of symposium with Maklem and maybe some other CB heads
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  • #106,665
  • Feb 7, 2023 10:15am Feb 7, 2023 10:15am
Quoting Don96
{quote} 1.0672, took a long 5 above SL below the low SL @ b.e… small res here just under 1.07… will still look to short 1.0710
out at 96, res at 99.. probably push higher. Out of longs early as it stands
  • #106,666
  • Feb 7, 2023 11:03am Feb 7, 2023 11:03am
Its late.. That 3m trigger turned bullish. The 5m R at 1.0705. The 5m is close to changing. The low is the same setup for a 6h support.
those who can, do. those who cant, talk about those who can
  • #106,667
  • Feb 7, 2023 11:07am Feb 7, 2023 11:07am
Quoting gatorinla
I shot my horse before stop
I shot my horse before s/l hit. My s/l was 1.0768. The low is 1.0769. That sucks.
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those who can, do. those who cant, talk about those who can
  • #106,668
  • Feb 7, 2023 11:12am Feb 7, 2023 11:12am
In the next few closes.. If the 5m closes 1.0806.. The stop of 1.0789 may take it to a tp about 2x 1.0686/5m close level above 1.0706=tp.

W/o the above.. A close below 1.0690 does about the same lower.



















i
those who can, do. those who cant, talk about those who can
  • #106,669
  • Feb 7, 2023 11:18am Feb 7, 2023 11:18am
I see Mmccormac is here. I hope all is okay at your home.
those who can, do. those who cant, talk about those who can
  • #106,670
  • Feb 7, 2023 11:23am Feb 7, 2023 11:23am
Quoting gatorinla
{quote} I shot my horse before s/l hit. My s/l was 1.0768. The low is 1.0769. That sucks. {image}
It definitely gobbled up all that liquidity in this zone and then some....
  • #106,671
  • Feb 7, 2023 11:28am Feb 7, 2023 11:28am
Quoting gatorinla
In the next few closes.. If the 5m closes 1.0806.. The stop of 1.0789 may take it to a tp about 2x 1.0686/5m close level above 1.0706=tp. W/o the above.. A close below 1.0690 does about the same lower. i
1.0692 stop about 1.0699. For short.. tp about 2x risk
those who can, do. those who cant, talk about those who can
  • #106,672
  • Feb 7, 2023 11:35am Feb 7, 2023 11:35am
Quoting Wulfgar
{quote} It definitely gobbled up all that liquidity in this zone and then some....
I dont like to trade this late. I may take a 5m signal.. It hasn't had a long signal since Feb 3. 1.0929.. All short signals since.
those who can, do. those who cant, talk about those who can
  • #106,673
  • Feb 7, 2023 11:36am Feb 7, 2023 11:36am
Quoting gatorinla
{quote} I dont like to trade this late. I may take a 5m signal.. It hasn't had a long signal since Feb 3. 1.0929.. All short signals since.

Yea, all one way traffic for the last 270 ticks or so.... pretty impressive leg down
  • #106,674
  • Feb 7, 2023 11:46am Feb 7, 2023 11:46am
Quoting gatorinla
{quote} I shot my horse before s/l hit. My s/l was 1.0768. The low is 1.0769. That sucks. {image}
had a long on GU at 1.1967 earlier… stops 62…

Quoting Don96
{quote} i lost 4 on gu at 1.1967. i will look to short EU 1.0710 ish and GU 1.2005
…

I didn’t short EU at 1.0710… would have taken me out b.e either way
  • #106,675
  • Feb 7, 2023 11:50am Feb 7, 2023 11:50am
Quoting Don96
{quote} out at 96, res at 99.. probably push higher. Out of longs early as it stands
oops.
  • #106,676
  • Feb 7, 2023 11:54am Feb 7, 2023 11:54am
If it manages to close 1.0862 again. I still say bull. Another 110 pips.
those who can, do. those who cant, talk about those who can
  • #106,677
  • Edited 12:35pm Feb 7, 2023 11:59am | Edited 12:35pm
Put my balls on the chopping block on those longs under 1.0700.... no guts no glory

Edit : nasty snap back, but I'll hold the longs until 1.0632 goes... Playing for a much bigger prize
  • #106,678
  • Feb 7, 2023 1:42pm Feb 7, 2023 1:42pm
AI improvement https://www.theverge.com/2023/2/7/23...dge-chatgpt-ai
those who can, do. those who cant, talk about those who can
  • #106,679
  • Feb 7, 2023 2:00pm Feb 7, 2023 2:00pm
Quoting Wulfgar
Put my balls on the chopping block on those longs under 1.0700.... no guts no glory Edit : nasty snap back, but I'll hold the longs until 1.0632 goes... Playing for a much bigger prize
thats the direct correlation of testosterone and risk taking. not always the best blend
  • #106,680
  • Edited 2:20pm Feb 7, 2023 2:10pm | Edited 2:20pm
Quoting 2046
{quote} thats the direct correlation of testosterone and risk taking. not always the best blend
Lol, I was just kidding

honestly I don't ever take profits early and I rarely move my stops. My edge is I'm very very hard to kill with how I position size and manage my portfolio drawdowns.

I could still easily be stopped on these euro longs. And if so it's just one data point in 10s of thousands of them

Also, that correlation got me through High School... Lol
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