The Swamp | Page 5403 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #108,041
  • Apr 13, 2023 8:56am Apr 13, 2023 8:56am
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...
I started to short here 1.1064, stop loss 30 pips
  • #108,042
  • Apr 13, 2023 9:09am Apr 13, 2023 9:09am
Quoting Boulder
{quote} I started to short here 1.1064, stop loss 30 pips
I never saw one like this before. I haven't played with it much yet. I'm not ready to quit my day job yet. But it does have me curios.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2023-04-13 085535.png Size: 14 KB
those who can, do. those who cant, talk about those who can
  • #108,043
  • Apr 13, 2023 10:13am Apr 13, 2023 10:13am
Quoting Boulder
{quote} I started to short here 1.1064, stop loss 30 pips
The ea I'm showing went long at 1049.5, tp 1062.8. s/l 1036.2 You saw its record 1-1.. I haven't tweaked it yet.
Back test running now. just running a 1 lot trade. No management on the back test0 These average 13 to 16 pips. at 1-1.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 3 KB
those who can, do. those who cant, talk about those who can
  • #108,044
  • Apr 13, 2023 11:11am Apr 13, 2023 11:11am
Quoting Boulder
{quote} I started to short here 1.1064, stop loss 30 pips
still hold this trade... lets see I can tp later... I need M5 can close below 1.1037 or M15 can close below 1.1024 for this trade to work...
Attached Image (click to enlarge)
Click to Enlarge Name: _1.png Size: 7 KB
  • #108,045
  • Edited 4:47pm Apr 13, 2023 4:29pm | Edited 4:47pm
The close was above 1.1045.8. The bull side. Now the Q, month, week, day, 12h, 8h, 6h made their last close higher. The 4h has engulfed the previous 4h. But even so, it and all the timeframes smaller closed above 1.1045.8. The bull side. 1.1186 is looking closer. Its bullish, it may not retrace. If it does, the chart shows some possibilities. Once it reaches 1.1186/slip. I will look for some topping. How much slip, I dont know. The Number that has worked a few times is 43 pips. 43 did not work at 1.0805 the lower algo. But once the year closed. 1.1186 became the larger one. R/R wise 1.1186/slip running back to 1.0736/slip. That's about 450 pips. The more the slip, the larger slip. The larger 450 becomes. With the swap favoring the usd. I may try to hold some smaller trades for the entire ride. Those smaller ones add up when 450X/slip. If pa runs to 1.1186, then closes below 1.1045. (1.0961, 1.0942) That could be a sign. -1.0835 months close is another.
1.0736 is above 1.0694. Lose these and it should continues lower.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2023-04-13 162310.png Size: 9 KB
those who can, do. those who cant, talk about those who can
  • #108,046
  • Apr 13, 2023 4:48pm Apr 13, 2023 4:48pm
Quoting Boulder
{quote} still hold this trade... lets see I can tp later... I need M5 can close below 1.1037 or M15 can close below 1.1024 for this trade to work... {image}
That close above 1.1045 is tough for bears.

Here is some hope that may be tough on bulls. I will try for a long 1.0910 ish..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2023-04-13 165554.png Size: 5 KB
those who can, do. those who cant, talk about those who can
  • #108,047
  • Apr 13, 2023 8:59pm Apr 13, 2023 8:59pm
Quoting Boulder
{quote} still hold this trade... lets see I can tp later... I need M5 can close below 1.1037 or M15 can close below 1.1024 for this trade to work... {image}
Finally a tp. I could had closed it earlier several times and let it reload. I would of made more. It was allowed to trade 3 trades at a time spaced above the fixed s/l. It netted 44.x pips on its own. I want to let it work without interference to see if its profitable. I turned it on late (just before London closed, the worst time). So I dont have a full day yet.
The back test I posted, had 3 losers. Usually these back test dont pan out. On ea's purchased when put live trading. Lets see how the 2 novice make out.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2023-04-13 165554.png Size: 6 KB
those who can, do. those who cant, talk about those who can
  • #108,048
  • Apr 13, 2023 10:38pm Apr 13, 2023 10:38pm
Quoting Wulfgar
{quote} 1.0520 decided, allocated more longs heavy down there and again at 1.0630, 1.0734, and now snowballing another large quarterly level at 1.0850… game plan is to reduce if we barrel heavily into 1.1336… loads of levels to keep building a large long position before we get there though… the cluster at 1.0944/1.0955/1.0966 has my immediate attention..
Ive been really passive lately trading this bull run from a macro perspective….. loads of positions on now…. Utilizing each of these zones to pay for the next one as we snowball higher and leverage gets bigger and bigger the real difficulty begins with scaling out properly….

1.1032 and 1.1060 are in play now…. But shouldn’t be much more than a speed bump… eyes on bank earnings tmmrw, should be a catalyst for an even weaker dollar…. 99.80 on the DXY should prove robust
  • #108,049
  • Apr 14, 2023 12:35am Apr 14, 2023 12:35am
Quoting Boulder
{quote} still hold this trade... lets see I can tp later... I need M5 can close below 1.1037 or M15 can close below 1.1024 for this trade to work... {image}
can you show us excel table with support/resistance for every timeframe? thanks
  • #108,050
  • Apr 14, 2023 1:57am Apr 14, 2023 1:57am
My long stops moved to 1.1059.7
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
  • #108,051
  • Apr 14, 2023 3:47am Apr 14, 2023 3:47am
FX option expiries for Apr 14 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
- EUR/USD: EUR amounts

  1. 1.0890-00 2.2b
  2. 1.0950 1.1b
  3. 1.1000 2.0b
  4. 1.1050 721m
  5. 1.1100 626m

  • #108,052
  • Apr 14, 2023 3:57am Apr 14, 2023 3:57am
Quoting matkooo2575
{quote} can you show us excel table with support/resistance for every timeframe? thanks
Attached Image (click to enlarge)
Click to Enlarge Name: _1.png Size: 11 KB
  • #108,053
  • Apr 14, 2023 4:09am Apr 14, 2023 4:09am
Quoting Wulfgar
{quote} Ive been really passive lately trading this bull run from a macro perspective….. loads of positions on now…. Utilizing each of these zones to pay for the next one as we snowball higher and leverage gets bigger and bigger the real difficulty begins with scaling out properly…. 1.1032 and 1.1060 are in play now…. But shouldn’t be much more than a speed bump… eyes on bank earnings tmmrw, should be a catalyst for an even weaker dollar…. 99.80 on the DXY should prove robust
who is we?
  • #108,054
  • Apr 14, 2023 7:02am Apr 14, 2023 7:02am
I dont anticipate a meaningful retrace. But its Friday. If for some reason pa slips back below 1045 support. It may do a few others. If by some reason pa finds itself below 1.0910. Don't be a hero. I plan on buying each signal. But its Friday and some profit taking may happen. I just woke and missed a but 1045/46 support area.
those who can, do. those who cant, talk about those who can
  • #108,055
  • Apr 14, 2023 7:10am Apr 14, 2023 7:10am
Week average range was at 1036.
those who can, do. those who cant, talk about those who can
  • #108,056
  • Apr 14, 2023 7:23am Apr 14, 2023 7:23am
Quoting gatorinla
The close was above 1.1045.8. The bull side. Now the Q, month, week, day, 12h, 8h, 6h made their last close higher. The 4h has engulfed the previous 4h. But even so, it and all the timeframes smaller closed above 1.1045.8. The bull side. 1.1186 is looking closer. Its bullish, it may not retrace. If it does, the chart shows some possibilities. Once it reaches 1.1186/slip. I will look for some topping. How much slip, I dont know. The Number that has worked a few times is 43 pips. 43 did not work at 1.0805 the lower algo. But once the year closed....
See chart with this post. PA at 1073 is 3/4 of the way to 1186. That means 3/4 of the 450 pips. Its no big stretch to fall back to 1/2 way 0961. So be aware if pa does slip back below 1045. It dont mean its not bullish. The week already moved its average. So before running to 1186. A chance for 0961 is there.
those who can, do. those who cant, talk about those who can
  • #108,057
  • Apr 14, 2023 7:31am Apr 14, 2023 7:31am
Quoting gatorinla
{quote} See chart with this post. PA at 1073 is 3/4 of the way to 1186. That means 3/4 of the 450 pips. Its no big stretch to fall back to 1/2 way 0961. So be aware if pa does slip back below 1045. It dont mean its not bullish. The week already moved its average. So before running to 1186. A chance for 0961 is there.
.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2023-04-14 072935.png Size: 12 KB
those who can, do. those who cant, talk about those who can
  • #108,058
  • Apr 14, 2023 7:32am Apr 14, 2023 7:32am
News is out. See if 1045 fails holding support or not. If it fails. I will not be surprised to see 0961 tested
those who can, do. those who cant, talk about those who can
  • #108,059
  • Apr 14, 2023 7:46am Apr 14, 2023 7:46am
See it run back to 1045/46.. Tested . now it may fall. 1 min chart shows the steps.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2023-04-14 074507.png Size: 12 KB
those who can, do. those who cant, talk about those who can
  • #108,060
  • Apr 14, 2023 7:51am Apr 14, 2023 7:51am
Quoting Boulder
{quote} I started to short here 1.1064, stop loss 30 pips
still waiting for tp....
Attached Image (click to enlarge)
Click to Enlarge Name: _1.png Size: 6 KB
135 traders viewing now