The Swamp | Page 5355 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #107,081
  • Feb 24, 2023 8:13pm Feb 24, 2023 8:13pm
[quote=gatorinla;14338374]
Quoting gatorinla
{quote}{image} 4h same setting {image}
1h same settings
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB
those who can, do. those who cant, talk about those who can
  • #107,082
  • Feb 24, 2023 8:16pm Feb 24, 2023 8:16pm
[quote=gatorinla;14338376]
Quoting gatorinla
{quote} 1h same settings {image}
30 min
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
those who can, do. those who cant, talk about those who can
  • #107,083
  • Feb 24, 2023 8:17pm Feb 24, 2023 8:17pm
[quote=gatorinla;14338377]
Quoting gatorinla
{quote}30 min {image}
15 min
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
those who can, do. those who cant, talk about those who can
  • #107,084
  • Feb 24, 2023 8:22pm Feb 24, 2023 8:22pm
[quote=gatorinla;14338378]
Quoting gatorinla
{quote} 15 min {image}
5 min b/o 1.0596.. 200 ema high + s/l never hit. Bo is/was the close below the 200ema low.
This is a 200 ema. You can use the same system on a custom time frame. If you want more trades find a timeframe that suites you. the 20 sma on any timeframe often is where pa will meet for a retrace. When pa extends atr away from any of these its may be a tp 1. Or you can in this case use the upper sma/ema + a little for the stop loss. Doing this in a trend may allow a tp to be much more than the atr. If anyone has a atr I can attach to a ma. Please post it, or pm me. Bollinger bands can be used, but i like to have something better. Something that self adjusts to atr
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 22 KB
those who can, do. those who cant, talk about those who can
  • #107,085
  • Feb 24, 2023 8:43pm Feb 24, 2023 8:43pm
Quoting gatorinla
Quoting gatorinla
{quote} 5 min b/o 1.0596.. 200 ema high + s/l never hit. Bo is/was the close below the 200ema low. This is a 200 ema. You can use the same system on a custom time frame. If you want more trades find a timeframe that suites you. the 20 sma on any timeframe often is where pa will meet for a retrace. When pa extends atr away from any of these its may be a tp 1. Or you can in this case use the upper sma/ema + a little for the stop loss. Doing this in a trend may allow a tp to be much more than the atr. If anyone has a atr I
...
...[/quote]...[/quote]...[/quote]...[/quote]...[/quote]...[/quote] Tha smaller ma will give more trades. The r/r setting needs to be 2-1. In the main trend. Win/loss needs to be 40ish %. A oscillator may filter some bad entries. 4h. Trend trading only. You need to have support/resistance set up on higher time frames. You dont want to trade against s/r. The current low area is a dynamic (MA 200ema day) support area,
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 20 KB
those who can, do. those who cant, talk about those who can
  • #107,086
  • Feb 24, 2023 9:06pm Feb 24, 2023 9:06pm
Yellow line is 80 pips from the 20sma. These should be self adjusted ATR. The can be use as tp. Notice pa returns to the 20 sma white line. The white line atm at 1.0609. That would be inline with the R at 1.0610. The algo at 1.0612/13
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
those who can, do. those who cant, talk about those who can
  • #107,087
  • Edited 9:44pm Feb 24, 2023 9:29pm | Edited 9:44pm
RSI setup.. But you can chose different ma.. To short RSI 20sma below the 50% mark. 200ema below the 50% mark. Price drops from above 20sma high to close below 20 sma low. That filters some. It helps increase odds of trend. But supports should be known for tp, or not taking trades. The tp compared to s/l in in this case 80 pips, sl about 40.. 2-1 reward. The upper yellow line using candle rejection. May offer some trades since the RSI was bearish. The s/l there would be smaller. tp larger.
A day position trader may want to use 80+ s/l. But can add trades on the way up below the 80 pips.

Its just a trend set up. But it will alos show a ranging market. The RSI will show pa ma +- 50% when ranging. Ma spreading wider on either side of 50% is the stronger trend
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 30 KB
those who can, do. those who cant, talk about those who can
  • #107,088
  • Feb 24, 2023 9:52pm Feb 24, 2023 9:52pm
Quoting gatorinla
RSI setup.. But you can chose different ma.. To short RSI 20sma below the 50% mark. 200ema below the 50% mark. Price drops from above 20sma high to close below 20 sma low. That filters some. It helps increase odds of trend. But supports should be known for tp, or not taking trades. The tp compared to s/l in in this case 80 pips, sl about 40.. 2-1 reward. The upper yellow line using candle rejection. May offer some trades since the RSI was bearish. The s/l there would be smaller. tp larger. A day position trader may want to use 80+ s/l. But can add...
On different time frames the yellow 80 pip line needs adjustment ..I set the 5min yellow at 10 pips here. The RCI shows the range. The day closed bear.

If you find better settings. Let me know. Hopefully this can make you some $. By taking some emotion out of trading. A reason to trade with a entry. A reason to tp. A reason to take a s/l. This is more for 5m scalping. The larger time frames for positions. PA is testing a larger support. The 5 min flat mostly. Against the 200 day dynamic channel
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 22 KB
those who can, do. those who cant, talk about those who can
  • #107,089
  • Feb 24, 2023 10:09pm Feb 24, 2023 10:09pm
PA returns to 20sma most often. This will rise a little next week,, atm 1.0473. The rsi 200 is below the 50%. Week wise 700 pips may seem like a bunch.. But its no different than 80 pips on the 4h, or 10 pips on a 5 min. Last year you can see the lower line. pa stayed about 700 pips from the weekly 20 sma. Later on the rise, the same 700ish pips is the high
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
those who can, do. those who cant, talk about those who can
  • #107,090
  • Feb 24, 2023 10:22pm Feb 24, 2023 10:22pm
day yellow is about 400 pips on the way down.. On the way up bulls hit the 400 mark once. PA was unable to reach the 400 at the high. Pa is now below the day 20sma. The RCI 200ema is still bullish at 51.23. The 20 sma bearish at 43.68. On the open the week may fall some. If so it lines up with the week -50% 200ema. PA can still run back to the sma 1.0728 again. Thats inline with the algo 1.0612/slip. For agreement with the week. The 200 rsi day needs to be below 50%. The smaller ones are already. The day is up just 1%, it may open below.. Using the week as a trend. This looks like support will break. Plus pa closed a week below 1.0610,, several weeks below 1.07 and 1.0835. The year closed below 1.0835
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
those who can, do. those who cant, talk about those who can
  • #107,091
  • Feb 24, 2023 10:35pm Feb 24, 2023 10:35pm
Quoting gatorinla
day yellow is about 400 pips on the way down.. On the way up bulls hit the 400 mark once. PA was unable to reach the 400 at the high. Pa is now below the day 20sma. The RCI 200ema is still bullish at 51.23. The 20 sma bearish at 43.68. On the open the week may fall some. If so it lines up with the week -50% 200ema. PA can still run back to the sma 1.0728 again. Thats inline with the algo 1.0612/slip. For agreement with the week. The 200 rsi day needs to be below 50%. The smaller ones are already. The day is up just 1%, it may open below.. Using...
Many were taught to use RSI oscillator for overbought/sold conditions. Its below 30. I know how your were taught. I use it my own way. That could help push it to 1.0628.1.0612/13/slip. It can stay overbought/oversold for a long time. Hundreds of pips.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 11 KB
those who can, do. those who cant, talk about those who can
  • #107,092
  • Feb 25, 2023 4:37am Feb 25, 2023 4:37am
Quoting gatorinla
Yellow line is 80 pips from the 20sma. These should be self adjusted ATR. The can be use as tp. Notice pa returns to the 20 sma white line. The white line atm at 1.0609. That would be inline with the R at 1.0610. The algo at 1.0612/13 {image}

Hey gator

Please advise two yellow lines ?? What are those ??? SMA??? What settings ???


Two green and a white i got it and its settings
We cannot direct the winds but we can adjust our sail.
  • #107,093
  • Feb 25, 2023 4:52am Feb 25, 2023 4:52am
Quoting gatorinla
{quote} Many were taught to use RSI oscillator for overbought/sold conditions. Its below 30. I know how your were taught. I use it my own way. That could help push it to 1.0628.1.0612/13/slip. It can stay overbought/oversold for a long time. Hundreds of pips. {image}
I use it “a little differently” too. Daily will give you a heads up but like you said could be hundreds of pips down…so for me it would have to line up on lower tfs in conjunction with PA . I find it very hard to trade with lines all over my charts so I try to do a weekly analysis and follow the PA. I have to admit I get stuck on one side scenarios at times (I didn’t see the gorilla) and I admire that you are able to see both sides and just want to catch the run As you call it snowballing is a very intelligent approach when the trend is behaving.

Have a good weekend!
Never say never.
  • #107,094
  • Feb 25, 2023 9:23am Feb 25, 2023 9:23am
You've been lied to about ChatGPT...
Inserted Video
I am who I am
  • #107,095
  • Feb 25, 2023 10:32am Feb 25, 2023 10:32am
Quoting razldazl
{quote} I use it “a little differently” too. Daily will give you a heads up but like you said could be hundreds of pips down…so for me it would have to line up on lower tfs in conjunction with PA . I find it very hard to trade with lines all over my charts so I try to do a weekly analysis and follow the PA. I have to admit I get stuck on one side scenarios at times (I didn’t see the gorilla) and I admire that you are able to see both sides and just want to catch the run As you call it snowballing is a very intelligent approach when the trend...
People snowball and dont know it. Most often people snowball a loser, averaging losers. In the hope the trend will turn. I try to snowball with the trend winners. Its got it drawbacks too. But at least the losers are smaller.
those who can, do. those who cant, talk about those who can
  • #107,096
  • Feb 25, 2023 10:48am Feb 25, 2023 10:48am
Quoting posterboy
{quote} Hey gator Please advise two yellow lines ?? What are those ??? SMA??? What settings ??? Two green and a white i got it and its settings
go back, its there.
those who can, do. those who cant, talk about those who can
  • #107,097
  • Feb 25, 2023 10:52am Feb 25, 2023 10:52am
Month looks to be rejected off the 20 sma. I included 1000 pip to yellow line . The last time it was a 16000 pip move off the white line.
The high yellow line was 1000 pips from white. That RSI setting is bearish
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 26 KB
those who can, do. those who cant, talk about those who can
  • #107,098
  • Feb 26, 2023 3:17am Feb 26, 2023 3:17am
Webb telescope makes a surprising galactic discovery in the distant universe...
https://edition.cnn.com/2023/02/22/w...scn/index.html
I am who I am
  • #107,099
  • Feb 26, 2023 6:31am Feb 26, 2023 6:31am
Quoting imwim
Webb telescope makes a surprising galactic discovery in the distant universe... https://edition.cnn.com/2023/02/22/w...scn/index.html
More than the mind can comprehend. The earth is just a tiny speck of dust in a ocean. A single human is just a tiny organism, on the earth. We fit the term parasite. https://www.dictionary.com/browse/parasite
those who can, do. those who cant, talk about those who can
  • #107,100
  • Feb 26, 2023 8:09am Feb 26, 2023 8:09am
Does anyone know what determines the outer Bollinger bands. I know the center is the 20 sma. Is there a way to combine it, where the outer bands become ATR?
I dont know how Bollinger works admittedly. If it is atr on the outer, I guess its already built. If not, maybe its worth building. PA most often return to the 20 sma when tired (not really, the 20 sma runs to price, but they meet up, attract later). That range to reach the 20sma is about the same as the distance when crossing. Example. If the pa lows average about 10 pips below the 20 sma. When pa runs above the 20 sma, it tends to go 10 pips. Then return to the 20 sma again. If the trend is stronger to the downside, it tends to cross below. minimally 10 pips below the 20 sma. In this you have chance to catch a trending, and ranging market.

An atr indicator, that measures distance to the 20 sma. That puts the equal atr distance to the opposite side on the 20 sma. 20 sma is not in concrete, other ma like a 200 may work too. To form a dynamic channel to allow real time entries regardless of a trend or range market. Offering places to enter, or tp. Sometimes the same place. Bollinger outerbands react a lot faster than the atr I witness.

I'm placing those yellow lines manually (changing distance on different tf). It should be on a auto pilot.
those who can, do. those who cant, talk about those who can
265 traders viewing now