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  • #108,021
  • Apr 12, 2023 7:30am Apr 12, 2023 7:30am
I hope to start hunting shorts 1.1186/slip.
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those who can, do. those who cant, talk about those who can
  • #108,022
  • Apr 12, 2023 7:33am Apr 12, 2023 7:33am
Quoting gatorinla
{quote} If it could manage a dip below 1.0910 to 1.0900/1.010ish (expiry). Followed by a rise back over 1.0910 and 1.0955. That would look bullish to me. I placed a pending 1.0912.. {quote}
Missed it
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  • #108,023
  • Apr 12, 2023 7:38am Apr 12, 2023 7:38am
Quoting gatorinla
Above 1.0955 it may run some.. WAR about 1.1039. Some R maybe 0977 83. 0924 and 55 are also some R. {image}
Cleared 0983. Possible buy on a retrace. Maybe 0955, maybe just 0970
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those who can, do. those who cant, talk about those who can
  • #108,024
  • Apr 12, 2023 8:10am Apr 12, 2023 8:10am
Got the first 4h close above 1.0955 now. + 1.0962 is better for longs (+0961.1). The close in 2hs is the 6h close.
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those who can, do. those who cant, talk about those who can
  • #108,025
  • Apr 12, 2023 8:28am Apr 12, 2023 8:28am
Quoting gatorinla
Got the first 4h close above 1.0955 now. + 1.0962 is better for longs (+0961.1). The close in 2hs is the 6h close. {image}
Also the close was above 1.0962. Pa above 1.0962 is above 50% of the 1.0736/1.1186 algo. The month has a R for bull/bear at 1064.9 (bull/bear *close wise). That's well below the 1.1186 algo.

So if it reaches 1.1186/slip area. PA may slip back below 1.064 to *close the month. This reaction may signal a top.

A day close above 1.0955 is bullish to me. Better to be above 1.0962. 1.0978 would make a higher day close on the year. That would fit in the Q M W close being higher closes. The 6h closes next. The highest 6h close, in 2023 atm is 1.1017.x.

Th last h close was a 4h close. It is the highest 4h close this month.
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  • #108,026
  • Apr 12, 2023 8:41am Apr 12, 2023 8:41am
+ 1.0988 is a better day close for bulls now. 1.0987 is sometimes a place trends go to die. Its part of the 2 algos 1.073x/1.1186. The place between 1.0961
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  • #108,027
  • Apr 12, 2023 9:19am Apr 12, 2023 9:19am
I figured dynamically if pa got above 1.0955. It would run up. Closing that 4h above 1.0962 helps structurally. Closing above 1.0988 is better for a run. Fudi wise inflation easing makes Fed raises chances duller. Dynamic wise, and fundi wise. Its looking bullish. It needs to break the structures with closes above to run. Dynamic and fudis are looking to break the structures.
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those who can, do. those who cant, talk about those who can
  • #108,028
  • Apr 12, 2023 9:24am Apr 12, 2023 9:24am
day range high reached at 1.0999...
  • #108,029
  • Apr 12, 2023 9:26am Apr 12, 2023 9:26am
Quoting Boulder
day range high reached at 1.0999...
I started to scalp short here 1.0993.. stop loss 1.1015,,,
  • #108,030
  • Apr 12, 2023 9:53am Apr 12, 2023 9:53am
Quoting Boulder
{quote} I started to scalp short here 1.0993.. stop loss 1.1015,,,
I added the trade and booked here early 1.0983
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  • #108,031
  • Apr 12, 2023 10:58am Apr 12, 2023 10:58am
Quoting Boulder
{quote} I added the trade and booked here early 1.0983 {image}
I dont think it will get back below 1.0910, but it may be a buy there. 1.0950/52/55/59/61 ish may be a buy. It may struggle to passed 1.1045/46R+. That may be where the chance to retrace to 1.095x is better
those who can, do. those who cant, talk about those who can
  • #108,032
  • Edited 6:11pm Apr 12, 2023 5:44pm | Edited 6:11pm
Quoting gatorinla
{quote} I dont think it will get back below 1.0910, but it may be a buy there. 1.0950/52/55/59/61 ish may be a buy. It may struggle to passed 1.1045/46R+. That may be where the chance to retrace to 1.095x is better
Quoting gatorinla
I figured dynamically if pa got above 1.0955. It would run up. Closing that 4h above 1.0962 helps structurally. Closing above 1.0988 is better for a run. Fudi wise inflation easing makes Fed raises chances duller. Dynamic wise, and fundi wise. Its looking bullish. It needs to break the structures with closes above to run. Dynamic and fudis are looking to break the structures. {image}
Bulls did all that a bull would do. The close was above 1.0988. PA can just run to make a higher high, or test month R (close wise) at 1.1064.9. What was done today I figured would happen earlier in the week. Make no mistake about it, its bullish. The closes on the quarter, month, week, day and 12h are higher closes this year.

But if it retraces just a little. To 1.0950/62 area that was the bull break spot for earlier this week. It or 1.0910/15 may be a buy. No need for a large stop below 1.0910. If it was to drop here near todays high area. Yes it could double top and drop lower. That's the reason for the smaller stop. No need to hold a loser if it was to double top. At the a new higher high near 1.1065 area. The chance for a retrace deeper has a chance.
The sweet spot for the current high holding temp retrace may be 1.0928/slip. But if it gets to 0928. Why not get 1.0915 norm? Why not be stopped by 1.0910? 1.0910/15 looks interesting to me on a shallow retrace off. Not to short to it. But as a possible long setup on a shallow retrace. It is bullish on those week large timeframes and most of the smaller ones. But its not past the bull/bear trend on the month at 1.1064.x. It was slapped down near it in February. PA can cross that month trend at 1.1064. Where the month closes after, can turn it or not. I see an algo at 1.1186 attraction. Another at 1.0736. Between them is 1.0961. 1.0961 is above 1.0915. That's another reason not to hold a short if pa passes much past 1.0910. Because next week 1.0910 may be important. PA is above many break structure numbers. Bulls need to continue. Bulls dont want to show weakness here. Non commercial are still heavily long. Last week non commercials got a little lighter on longs. I suspect Non Commercials have started to shift those net longs. As bullish as pa is. 1.1186/slip was/is always my plan to look for a short. Non commercials started to get slightly lighter already.

Anyway, if it dont retrace to the sweet spot, no harm. PA is bullish, it met all my goals. It's not supposed to be bearish. If it finds itself below 1.0910. Don't fight the drop. Let it settle..

1.1045 is also in play as R
Quoting gatorinla
{quote} I dont think it will get back below 1.0910, but it may be a buy there. 1.0950/52/55/59/61 ish may be a buy. It may struggle to passed 1.1045/46R+. That may be where the chance to retrace to 1.095x is better
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those who can, do. those who cant, talk about those who can
  • #108,033
  • Apr 13, 2023 4:42am Apr 13, 2023 4:42am
FX option expiries for Apr 13 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
- EUR/USD: EUR amounts

  1. 1.0800 3.4b
  2. 1.0850 1.7b
  3. 1.0885-90 1.2b
  4. 1.0900 6.3b
  5. 1.0950 1.5b
  6. 1.1000 3.1b

  • #108,034
  • Apr 13, 2023 7:31am Apr 13, 2023 7:31am
lets see what happens at 1.1045ish
those who can, do. those who cant, talk about those who can
  • #108,035
  • Apr 13, 2023 7:38am Apr 13, 2023 7:38am
Quoting gatorinla
{quote} I dont think it will get back below 1.0910, but it may be a buy there. 1.0950/52/55/59/61 ish may be a buy. It may struggle to passed 1.1045/46R+. That may be where the chance to retrace to 1.095x is better
If it cant pass 1.1045 with closes above. It may run back to 1.0910 area. If it starts closing below 1.0910. It can run down further, maybe very quickly. Its still bullish. But there may be large orders 1.1.045/46.
those who can, do. those who cant, talk about those who can
  • #108,036
  • Edited 7:58am Apr 13, 2023 7:43am | Edited 7:58am
my ea from M5 all the way to week.. all trade longs with uptrend... its better not to short this... unless close to day range high for scalp... today day range high 1.1071. the week range high 1.1036 has reached...
  • #108,037
  • Apr 13, 2023 8:01am Apr 13, 2023 8:01am
I dont know how this 1.0445ish turns out.. But its a point of interest.
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those who can, do. those who cant, talk about those who can
  • #108,038
  • Apr 13, 2023 8:06am Apr 13, 2023 8:06am
Quoting Boulder
my ea from M5 all the way to week.. all trade longs with uptrend... its better not to short this... unless close to day range high for scalp... today day range high 1.1071. the week range high 1.1036 has reached...
new toy
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those who can, do. those who cant, talk about those who can
  • #108,039
  • Apr 13, 2023 8:16am Apr 13, 2023 8:16am
Quoting gatorinla
{quote} new toy {image}
what is that ea?
  • #108,040
  • Apr 13, 2023 8:20am Apr 13, 2023 8:20am
Quoting Boulder
{quote} what is that ea?
I call it "Breakfast"
those who can, do. those who cant, talk about those who can
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