The Swamp | Page 5339 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #106,761
  • Feb 9, 2023 2:29pm Feb 9, 2023 2:29pm
Quoting gatorinla
4h 1.0702 Is double {image}
very choppy pa… i was expecting 0800 0835 retest before we head further down or we will resume uptrend.

still waiting for that to happen though
Patience, Emotion Control and Discipline.
  • #106,762
  • Feb 9, 2023 4:06pm Feb 9, 2023 4:06pm
Quoting johncen
{quote} very choppy pa… i was expecting 0800 0835 retest before we head further down or we will resume uptrend. still waiting for that to happen though
The 4h in my system targets a drop. That dont mean its right. But as stated a 4h close below 0760 was a short signal. Had today been above 1.0803 I would be long. It was just that close in today's candle. 2 candles before the day close, the 4h changed things. The target of the drop can be a small as a test of 1.07. There is still those supports on the 30 min etc that flipped earlier to break. The 6h is still bullish. That is where last weeks low is 1.0669 is the low. 1.0668 is where the 6h is. Near it may be the better spot to long.

To many S to name all the main ones are 1.0723 and 1.07. A bounce to continue a move up has to clear all the way to 1.0835 or at least 1.0803. To make things smoother. The 4h is indicating a date with 1.07 or 1.0668 area. Today will close higher than yesterday. Lc was higher than yesterday. The market is subtle before a big move. The 4h indicated down to me. Once in that down space it may rise enough to clear those day R's. I was mostly "all in'' earlier. Until the 4h closed below 1.0760. That one move stopped the day from turning etc. Accidental? I dont know. The day did close above 1.07.. That's still bullish to me. A drop to test 1.0702 14 19 is indicated. But those are not the most often 4h depths. 1.0668 is more normal. But that's not written in stone either. A drop to any of these followed by a rise fits the puzzle pieces. More than a straight direction.
those who can, do. those who cant, talk about those who can
  • #106,763
  • Feb 9, 2023 4:15pm Feb 9, 2023 4:15pm
Quoting gatorinla
{quote} The 4h in my system targets a drop. That dont mean its right. But as stated a 4h close below 0760 was a short signal. Had today been above 1.0803 I would be long. It was just that close in today's candle. 2 candles before the day close, the 4h changed things. The target of the drop can be a small as a test of 1.07. There is still those supports on the 30 min etc that flipped earlier to break. The 6h is still bullish. That is where last weeks low is 1.0669 is the low. 1.0668 is where the 6h is. Near it may be the better spot to long. To many...
If the 4h is lying. Than produce a big green candle above 1.0751 to start. Another above 1.0760. If not, give me 1.0702
those who can, do. those who cant, talk about those who can
  • #106,764
  • Feb 9, 2023 4:23pm Feb 9, 2023 4:23pm
Quoting gatorinla
{quote} If the 4h is lying. Than produce a big green candle above 1.0751 to start. Another above 1.0760. If not, give me 1.0702
thanks Gator, very clear!
Patience, Emotion Control and Discipline.
  • #106,765
  • Feb 9, 2023 5:36pm Feb 9, 2023 5:36pm
Quoting gatorinla
{quote} If the 4h is lying. Than produce a big green candle above 1.0751 to start. Another above 1.0760. If not, give me 1.0702
Ive been getting beat down on waiting for closes to validate positions.
They are catching on.

Had a cable long trade I held because of the close over my key levels at 1.2190.... that giveback hurt.
  • #106,766
  • Feb 9, 2023 6:20pm Feb 9, 2023 6:20pm
Quoting Wulfgar
{quote} Ive been getting beat down on waiting for closes to validate positions. They are catching on. Had a cable long trade I held because of the close over my key levels at 1.2190.... that giveback hurt.
W/o any bias, the conditions to short on the -1.0760 4h close. Had been met.

Had the day later closed above 1.0803. The day conditions would have been met. Plus it would have voided the 4h.

The day closing above 1.0700 to me is bullish.. So it may drop on the 4h, and rise later. But to continue a rise. It needs to close back above 1.07.. better is above 1.0723 and so forth. To make a possible run to new highs it need these, and a day close above 1.0803 1.0803 and so forth.

I do see some 1h support ect between 1.0723 and 1.07.

The momentum it took to close below usually is 2x, I posted that in a chart earlier. The wildcard is 1.0694/1.07.. The 6h also at 1.0668 can push this to new highs.

The week had a big R near the high.. It never reached it.. 1.1037
those who can, do. those who cant, talk about those who can
  • #106,767
  • Feb 9, 2023 6:33pm Feb 9, 2023 6:33pm
Quoting gatorinla
{quote} W/o any bias, the conditions to short on the -1.0760 4h close. Had been met. Had the day later closed above 1.0803. The day conditions would have been met. Plus it would have voided the 4h. The day closing above 1.0700 to me is bullish.. So it may drop on the 4h, and rise later. But to continue a rise. It needs to close back above 1.07.. better is above 1.0723 and so forth. To make a possible run to new highs it need these, and a day close above 1.0803 1.0803 and so forth. I do see some 1h support ect between 1.0723 and 1.07. The momentum...
Looking to close short, and buy if pa stays stays above 1.0668. The nearer the better. Based on the 6h. This is just support. The signal to long off it wont come till pa close a 6h above 1.0810. The day above 1.0803. Both are still below 1.0835. I think its key up there.
those who can, do. those who cant, talk about those who can
  • #106,768
  • Feb 9, 2023 8:36pm Feb 9, 2023 8:36pm
possible gbp long 1.2025/15.. No big stop needed. If its wrong it will break down. Do not chase. No early entry. 1.2005 stop is enough. 1.2014 may be enough
those who can, do. those who cant, talk about those who can
  • #106,769
  • Feb 9, 2023 9:28pm Feb 9, 2023 9:28pm
Pa is grinding on 1.0723 from above. To be bullish it has to remain above. I expect it to break down. Later if it can start closing above 1.0724. It can turn bullish with closes above.
those who can, do. those who cant, talk about those who can
  • #106,770
  • Feb 9, 2023 11:03pm Feb 9, 2023 11:03pm
The usual tp points.. I dont know if it can get to 1.0668.. That is support to me.. I will tp before. 1.0702 makes it risk free.

I do have some 1h support at 1.0716.. 1 h close below it should neutralize it. Its still support till its not.

30 min 1.0713.. too many to mention.. In this area closer to 1.07
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 4 KB
those who can, do. those who cant, talk about those who can
  • #106,771
  • Feb 9, 2023 11:23pm Feb 9, 2023 11:23pm
Quoting gatorinla
The usual tp points.. I dont know if it can get to 1.0668.. That is support to me.. I will tp before. 1.0702 makes it risk free. I do have some 1h support at 1.0716.. 1 h close below it should neutralize it. Its still support till its not. 30 min 1.0713.. too many to mention.. In this area closer to 1.07 {image}
too low for me to consider shorting. Pa in the middle. I will wait if we get to 0702
Patience, Emotion Control and Discipline.
  • #106,772
  • Feb 10, 2023 2:09am Feb 10, 2023 2:09am
Quoting gatorinla
The usual tp points.. I dont know if it can get to 1.0668.. That is support to me.. I will tp before. 1.0702 makes it risk free. I do have some 1h support at 1.0716.. 1 h close below it should neutralize it. Its still support till its not. 30 min 1.0713.. too many to mention.. In this area closer to 1.07 {image}
I'm still in this long from 1.0752... stops below 1.0693 never triggered.

The reward from here is big, so we have to play a bigger game. The close of the week will hopefully give a bigger clue to where we are headed, but there is still a lot of football yet to be played.
  • #106,773
  • Feb 10, 2023 2:26am Feb 10, 2023 2:26am
Quoting Wulfgar
{quote} I'm still in this long from 1.0752... stops below 1.0693 never triggered. The reward from here is big, so we have to play a bigger game. The close of the week will hopefully give a bigger clue to where we are headed, but there is still a lot of football yet to be played.
Yup more ping pong to come. Still waiting for 0800 0835 0887
Patience, Emotion Control and Discipline.
  • #106,774
  • Feb 10, 2023 4:12am Feb 10, 2023 4:12am
Quoting gatorinla
The usual tp points.. I dont know if it can get to 1.0668.. That is support to me.. I will tp before. 1.0702 makes it risk free. I do have some 1h support at 1.0716.. 1 h close below it should neutralize it. Its still support till its not. 30 min 1.0713.. too many to mention.. In this area closer to 1.07 {image}
Awakening by the tp alarm. I see it retraced 50% once to 1.0751 in the night. I hope some caught it. Near 1.0668 it may have some opportunity. But its just a place where 6h could turn bearish if closed below. Back to sleep
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 5 KB
those who can, do. those who cant, talk about those who can
  • #106,775
  • Feb 10, 2023 4:32am Feb 10, 2023 4:32am
Quoting gatorinla
{quote} Awakening by the tp alarm. I see it retraced 50% once to 1.0751 in the night. I hope some caught it. Near 1.0668 it may have some opportunity. But its just a place where 6h could turn bearish if closed below. Back to sleep {image}
Still long… got within a couple ticks of my stops on this run down

FA didn’t help with errant Russian missles flying over Moldova or something…

it is what it is… I never had any intention of closing the trade when it retested the entry.

Picture looks the same… 1.0648-1.0629 still my Maginot bull line if we get there
  • #106,776
  • Feb 10, 2023 4:50am Feb 10, 2023 4:50am
I want pa to get near 1.0668, but see 1.0680/81 as possible S too. With things bearish below 1.07.. I will wait for a wick closer to the low. S/l just below it. I just take small trades. This is just a support area. Not a b/o confirmed long. A 4h target exhaustion area near support. If it runs up w/o me, that's ok.. I know/think what the day close needs. The smaller time 4h and below are all bearish. All I have left is the 6h, starting around 1.0681. The bears still have not closed a day below 1.07..
those who can, do. those who cant, talk about those who can
  • #106,777
  • Edited 5:13am Feb 10, 2023 5:03am | Edited 5:13am
Intra week pa is below 1.0723.. The bear side. No comfort for a bear or a bull between 1.07/1.0835..Frog in a blender. The 6h has moved up slightly since yesterday. It getting above 1.07 would aid bulls. Closing below sets up bears to test the 8h or 12 h..

I give an edge to a low test, near or b/o 1.0668/81. But its made to screw 6h people too. If it closed the day, after the bear b/o above 1.07.. well that's just a cluster-f.

Save yourself.
Inserted Video
those who can, do. those who cant, talk about those who can
  • #106,778
  • Feb 10, 2023 6:07am Feb 10, 2023 6:07am
testing a scalp system thought.. soft r 1.0701 entry, against tp 1.0681. s/l 1.0703x. no money, about 1-4 r/r. 5min
those who can, do. those who cant, talk about those who can
  • #106,779
  • Feb 10, 2023 6:37am Feb 10, 2023 6:37am
Quoting gatorinla
testing a scalp system thought.. soft r 1.0701 entry, against tp 1.0681. s/l 1.0703x. no money, about 1-4 r/r. 5min
The reward may be going to 0677 or 73 dynamic.. I will stick with 0681
those who can, do. those who cant, talk about those who can
  • #106,780
  • Feb 10, 2023 7:17am Feb 10, 2023 7:17am
Quoting gatorinla
testing a scalp system thought.. soft r 1.0701 entry, against tp 1.0681. s/l 1.0703x. no money, about 1-4 r/r. 5min
I will say that was a success. I see 0693 one. But since 0681 held support. I wont take the 0693 short. Maybe 1.0713 or 17 area will pop up another. My 5 min has gone a little bullish
those who can, do. those who cant, talk about those who can
77 traders viewing now, 1 is registered:
macd12