The Swamp | Page 5347 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #106,921
  • Feb 16, 2023 7:52am Feb 16, 2023 7:52am
Quoting Wulfgar
Still waiting…. *Yawn*
I left the pending at 0732. the residual of 0723 seems to have stopped it earlier. New low, or 0732. New low is my guess, since the 4h 1h 30 min 15min, point that way. The day could still allow 0732
those who can, do. those who cant, talk about those who can
  • #106,922
  • Feb 16, 2023 7:56am Feb 16, 2023 7:56am
Quoting gatorinla
{quote} I left the pending at 0732. the residual of 0723 seems to have stopped it earlier. New low or 0732
yep, we just gotta react to either one… Might get a flush on the open to coincide with the equity selloff… if so, thats my buy trigger

Today the clock runs out on that pending trade though.. if I cant get it filled in the next few hours the potential for it to work drops dramatically on a friday.
  • #106,923
  • Feb 16, 2023 8:03am Feb 16, 2023 8:03am
Quoting Wulfgar
{quote} yep, we just gotta react to either one… Might get a flush on the open to coincide with the equity selloff… if so, thats my buy trigger Today the clock runs out on that pending trade though.. if I cant get it filled in the next few hours the potential for it to work drops dramatically on a friday.
?
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
  • #106,924
  • Feb 16, 2023 8:07am Feb 16, 2023 8:07am
I was shooting for 0732. because its under 0736.. .0744 is there also. You cant play everything, or will never trade.
those who can, do. those who cant, talk about those who can
  • #106,925
  • Edited 9:01am Feb 16, 2023 8:17am | Edited 9:01am
Quoting Wulfgar
{quote} yep, we just gotta react to either one… Might get a flush on the open to coincide with the equity selloff… if so, thats my buy trigger Today the clock runs out on that pending trade though.. if I cant get it filled in the next few hours the potential for it to work drops dramatically on a friday.
I see why your expecting the push higher. PA is getting into the tough R, on the rise to get here. Now possibly being support. This is where we are now, if pa drops. It may be tough R later. I say its because 1.0700.0694 depending on broker. This is normal here. When it choses sides. It will go.. Yesterday closed below.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
those who can, do. those who cant, talk about those who can
  • #106,926
  • Feb 16, 2023 8:26am Feb 16, 2023 8:26am
Quoting Wulfgar
{quote} yep, we just gotta react to either one… Might get a flush on the open to coincide with the equity selloff… if so, thats my buy trigger Today the clock runs out on that pending trade though.. if I cant get it filled in the next few hours the potential for it to work drops dramatically on a friday.
A week close below so far.. See past..
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
those who can, do. those who cant, talk about those who can
  • #106,927
  • Feb 16, 2023 8:55am Feb 16, 2023 8:55am
If Feb closes below its better for bears. Early signs on the day indicating a 1.0450 drop. That dont mean the month will not close above 1.07. Last weeks close below is just a sign. Early in the week it went to a week algo. It dropped since. That's normal to retrace to the algo. Yesterday closed below 1.0694/.07. Another sign not pointing to bullish. It can still run up. But what's in front in evidence lately is a drop to come. The 6h 8h 12h support are in the way. All that R area on the way up is now support. Timing wise the month has 2 more weeks. Even if pa is bearish, and it drops. Jason (Friday the 13th) may come back once again. Next week or later to retest 1.07/1.0694. It may come back to 1.0666 algo. That bounce may have the R at 1.0694/1.07 to force it lower.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 8 KB
those who can, do. those who cant, talk about those who can
  • #106,928
  • Feb 16, 2023 9:05am Feb 16, 2023 9:05am
Why did Microsoft come up with this dumbshit of splitting the month calendars. I want to see all of February. Not 1/2 and half March. Bastards make life harder. Upgrade is shit.
those who can, do. those who cant, talk about those who can
  • #106,929
  • Feb 16, 2023 9:10am Feb 16, 2023 9:10am
Quoting gatorinla
Why did Microsoft come up with this dumbshit of splitting the month calendars. I want to see all of February. Not 1/2 and half March. Bastards make life harder. Upgrade is shit.
They added "AI" to their search. So far F
Mark ... Everything you have been told is a LIE
  • #106,930
  • Feb 16, 2023 9:17am Feb 16, 2023 9:17am
I posted 1.0666/slip today in case I forget. This is next week's possible retrace. I apologize for not posting 1.079x last week. So if you get nervous about holding a short next week. You may be able to get in higher next week. Whenever the drop tires (if it tires). Last week I wanted to sell bounces after the close below 1.07.. I overlooked the algo at 1.079x.. I focused on bulls needing the day close above 1.079x. It was the place to short. If history repeats.. 1.0666/1.07 may be one after Friday. So if i get caught up in the support 6h 8h 12h and even day. Keep this 1.0666/1.0394/1.07 in mind. This may be a future place to short.
those who can, do. those who cant, talk about those who can
  • #106,931
  • Feb 16, 2023 9:25am Feb 16, 2023 9:25am
Quoting gatorinla
I posted 1.0666/slip today in case I forget. This is next week's possible retrace. I apologize for not posting 1.079x last week. So if you get nervous about holding a short next week. You may be able to get in higher next week. Whenever the drop tires (if it tires). Last week I wanted to sell bounces after the close below 1.07.. I overlooked the algo at 1.079x.. I focused on bulls needing the day close above 1.079x. It was the place to short. If history repeats.. 1.0666/1.07 may be one after Friday. So if i get caught up in the support 6h 8h 12h...
Not overly thrilled about my trade here. They are walking us down and backfilling with structure as they do it. Ill still leave it on, unless it doesnt fill within my time Params…
could end up working out to be a solid long up to close to 1.0800 min
  • #106,932
  • Feb 16, 2023 9:32am Feb 16, 2023 9:32am
Quoting Wulfgar
{quote} Not overly thrilled about my trade here. They are walking us down and backfilling with structure as they do it. Ill still leave it on, unless it doesnt fill within my time Params… could end up working out to be a solid long up to close to 1.0800 min
My day 4h etc point lower. Next week it may run to 1.0666/slip again. 1.07ish could be where underwater longs close, bears add. That may put pressure on a drop..
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB
those who can, do. those who cant, talk about those who can
  • #106,933
  • Edited 11:15am Feb 16, 2023 11:05am | Edited 11:15am
Quoting Wulfgar
{quote} Not overly thrilled about my trade here. They are walking us down and backfilling with structure as they do it. Ill still leave it on, unless it doesnt fill within my time Params… could end up working out to be a solid long up to close to 1.0800 min
To get some of that bounce, an algo at 0648/32/slip possible bounce. TP on the day on the chart. The algo at 1.0093 may attract. Some support possible 1.0031ish. See chart. If the drop is correct. Either 1.0093, or 1.1186 looks like next.

Lets say the tp works out.. Pa drops to 1.05x/1.04xx. If it later, closed the week above 1.0610. I would look to long back to 1.07R. ..1.07 being the year close it may not be able to take it +. The week target could be tp1 1.0810ish, tp2 1.1010. If it could get past 1.07. Bears may fight. To stop a week close being above 1.0610, again. All these will change some in time.. They are rough levels.. The benchmarks are not set yet. If bulls cant get 1.0610+ week, close after. Then 1.0093 would be easier. Either, or i dont care. I just want to be on the right side.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 10 KB
those who can, do. those who cant, talk about those who can
  • #106,934
  • Feb 16, 2023 11:47am Feb 16, 2023 11:47am
5m not closing above 0697 now, later closing below 0675. Could be a trigger short. Time of day is not best.
those who can, do. those who cant, talk about those who can
  • #106,935
  • Feb 16, 2023 12:04pm Feb 16, 2023 12:04pm
Quoting gatorinla
5m not closing above 0697 now, later closing below 0675. Could be a trigger short. Time of day is not best.
I pulled my orders. Need to reassess...

Fibre hit the outer bands of the broader 1.0648-1.0629 level and has since been climbing... Sometimes we don't get great entries for great trades.

I still am full stick bullish until that level breaks.

But I won't take a trade in no man's land with too much risk. 1.0734/1.0740 is key... More clear breakout above 1.0760

I'll work on setting something up. Equities proving remarkably resilient. FTSE and CAC40 new ATHs today
  • #106,936
  • Edited 1:56pm Feb 16, 2023 1:45pm | Edited 1:56pm
sell signal set up
5m close below 0688
15m 0684
30m 0685
1h 0687

5m may set them all up. 5 min trend R 06947.

Quoting gatorinla
5m not closing above 0697 now, later closing below 0675. Could be a trigger short. Time of day is not best.
Inserted Video
those who can, do. those who cant, talk about those who can
  • #106,937
  • Feb 16, 2023 2:01pm Feb 16, 2023 2:01pm
Beyond those, a 5 min close -0658 opens some support
Inserted Video
those who can, do. those who cant, talk about those who can
  • #106,938
  • Feb 16, 2023 2:06pm Feb 16, 2023 2:06pm
jerky pa is big orders..
those who can, do. those who cant, talk about those who can
  • #106,939
  • Feb 16, 2023 2:09pm Feb 16, 2023 2:09pm
5m T1 already hit.. T2 0759
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
  • #106,940
  • Feb 16, 2023 2:23pm Feb 16, 2023 2:23pm
15 min targets a little deeper. 30 min to come.. If it closes below this 15m it should open deeper.. 1h the same ditto on deeper. 4h target and day are still unsettled lower
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
18 traders viewing now, 1 is registered:
simjo