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The Swamp

  • #108,401
  • Edited 10:00am Apr 27, 2023 9:47am | Edited 10:00am
Quoting gatorinla
If the ea comes back to 6567 support. I will buy.. Its 100+ above atm It left an algo at 6587.. So I have a shot it will come back today. There is some support at 6587. It may miss me. 6587/6560 is a potential bounce. {image}
This may be a good ea long... Don't hold much below 6560. Week support at 6566. It may be attracted to 6587/slip. Sometime after it may head up without reaching 6560. The window 6560/87.. No deviation from the minimal touch of -6588.

If it does overshoot .6560. Later closing above 6560 66 and 88. It may still be a long.
The euro reaching for 0980, while aud/usd getting a foothold above 6225 is positive. The aud/usd is still unable to break the week support .6607 area enough to run down. So if au has larger closes above 6626 develop. The ea could reach 6587/60. The ea algo at 6587 may cause the rest. The algo at eu 0980 These algos may balance.
those who can, do. those who cant, talk about those who can
  • #108,402
  • Apr 27, 2023 10:06am Apr 27, 2023 10:06am
Quoting gatorinla
{quote} This may be a good ea long... Don't hold much below 6560. Week support at 6566. It may be attracted to 6587/slip. Sometime after it may head up without reaching 6560. The window 6560/87.. No deviation from the minimal touch of -6588. If it does overshoot .6560. Later closing above 6560 66 and 88. It may still be a long. The euro reaching for 0980, while aud/usd getting a foothold above 6225 is positive. The aud/usd is still unable to break the week support .6607 area enough to run down. So if au has larger closes above 6626 develop. The...
I left out the aud/usd have a pull toward .6665. The aud being above .6625 with closes, aids all off the above. ATM the aud is below 6625. These atm do not align up. But the attractions to the individual algos do. You cant set your watch to this.. So watch the ea and au levels. The eu correlation would put eu in that 0980 area and maybe deeper. These dont have to happen. The thing is, the AUD is at a weekly support. I dont know if it breaks. If it is unable to break. Its stuck in a small range.
those who can, do. those who cant, talk about those who can
  • #108,403
  • Apr 27, 2023 12:53pm Apr 27, 2023 12:53pm
AJ may be ready to launch
with a close above 88.60
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those who can, do. those who cant, talk about those who can
  • #108,404
  • Apr 27, 2023 1:07pm Apr 27, 2023 1:07pm
aud has a small fissure.. I'm not looking for much.. 6660 ish. I'm watching it because it was at weekly support. A small bounce may allow the ea to drop enough for a long entry.
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those who can, do. those who cant, talk about those who can
  • #108,405
  • Apr 27, 2023 1:12pm Apr 27, 2023 1:12pm
Quoting gatorinla
AJ may be ready to launch with a close above 88.60 {image}
90.11 or 90.65 may be a decent tp AJ
those who can, do. those who cant, talk about those who can
  • #108,406
  • Apr 27, 2023 2:33pm Apr 27, 2023 2:33pm
I missed out on the eu pushing below that 0994/87 area. I left some waiting. But it looks to be a miss atm. If it starts closing above 1045/46 it may not come back. Yesterday it closed below. That's why i thought it may retrace. If it closes +- should determine what it does.
It still looks like i may collect a few on the aud pairs.
those who can, do. those who cant, talk about those who can
  • #108,407
  • Apr 27, 2023 2:56pm Apr 27, 2023 2:56pm
For the guy who asked about trading. The best lesson one can teach about FOREX trading. Has nothing to do with FOREX trading. What gets you on first the most? Once on first, you got options. Think about it. If your trading on a 15 min chart. Would it not have better odds if that entry was also inline on a larger chart? Some trades are better than others. Some trades have a better risk to reward.

Watch money ball. Learn to get on first. Your odds will greatly improve. https://www.imdb.com/title/tt1210166/

Earlier I could of taken the long at 1.0995. I posted it yesterday. I took profit there. The 50 pip +- thing of 1045.
Why didnt i take the long? Hindsight makes it easier now to say i should of.
One reason was adr had more lower room. this alone is not the best reason, but added to the algo at 0980. I figured it was a better long against 0974. A lot of times no matter the planning, the plan is wrong.
those who can, do. those who cant, talk about those who can
  • #108,408
  • Apr 27, 2023 3:12pm Apr 27, 2023 3:12pm
ATm the eu with an hour left may close below 1045. The aud may close above .6625. AJ may close above 88.50. Thats the way it looks atm. That may give me a ea entry I like. With a hour left this may change.
If this happens w/o a change, the eu should have another shot at 1.0980.
I dont like the ea being above 1.6560, because that is bullish. Its making the retrace to 1.9560/87 hard to do. But that's the reason I want to long it. After the retrace to a support area. It may not get there. But if it does, the odds of a bounce. (getting on first) is better.
those who can, do. those who cant, talk about those who can
  • #108,409
  • Apr 27, 2023 3:22pm Apr 27, 2023 3:22pm
I think the eu is bullish also. I want to long it also. But closing the day below 1045. Makes the chance for 0950 a little better.

the 5 min may have formed a bear flag. EU
EU "on first" to me may be 0974/80 area.
I can, and will be wrong. But atm I dont have a bet shorting the eu. I closed that one.. So its free to watch.
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those who can, do. those who cant, talk about those who can
  • #108,410
  • Apr 27, 2023 9:04pm Apr 27, 2023 9:04pm
ea is approaching the 1.6560/88 window. I will long there.
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those who can, do. those who cant, talk about those who can
  • #108,411
  • Apr 27, 2023 9:11pm Apr 27, 2023 9:11pm
Quoting gatorinla
I think the eu is bullish also. I want to long it also. But closing the day below 1045. Makes the chance for 0950 a little better. the 5 min may have formed a bear flag. EU EU "on first" to me may be 0974/80 area. I can, and will be wrong. But atm I dont have a bet shorting the eu. I closed that one.. So its free to watch. {image}
updated pic.
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those who can, do. those who cant, talk about those who can
  • #108,412
  • Apr 27, 2023 9:15pm Apr 27, 2023 9:15pm
Quoting gatorinla
ATm the eu with an hour left may close below 1045. The aud may close above .6625. AJ may close above 88.50. Thats the way it looks atm. That may give me a ea entry I like. With a hour left this may change. If this happens w/o a change, the eu should have another shot at 1.0980. I dont like the ea being above 1.6560, because that is bullish. Its making the retrace to 1.9560/87 hard to do. But that's the reason I want to long it. After the retrace to a support area. It may not get there. But if it does, the odds of a bounce. (getting on first) is...
All the closes were positive to my plans. On each pair in focus.
those who can, do. those who cant, talk about those who can
  • #108,413
  • Apr 27, 2023 11:22pm Apr 27, 2023 11:22pm
Quoting gatorinla
AJ may be ready to launch with a close above 88.60 {image}
AJ
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those who can, do. those who cant, talk about those who can
  • #108,414
  • Apr 27, 2023 11:41pm Apr 27, 2023 11:41pm
Quoting gatorinla
{quote} 90.11 or 90.65 may be a decent tp AJ
I hope you get tp hit
those who can, do. those who cant, talk about those who can
  • #108,415
  • Apr 28, 2023 3:38am Apr 28, 2023 3:38am
Quoting gatorinla
{quote} Out in the future if 1045 is a pp. What would it take to for a equal run opposite of 1128.x? The dog chain requires 83 pips starting from a pp like 1045. That's 1.0962. but it only gives what support allows. I'm thinking its limit is 1.0974ish. That gives a shot at the algo 1.0980. The chain does reach 1.0962. But it needs to be able to take 1.0974/71 to get there. But all we get is what's allowed. 1.0995 is the current dog chain. I know this. To spring board to 1129 1.0995 may be enough. To pass 1129 it may be 097x. those algos would work...
1.0980 was reached.
those who can, do. those who cant, talk about those who can
  • #108,416
  • Apr 28, 2023 3:56am Apr 28, 2023 3:56am
1.0980/81/slip is the algo. The support 1.0974. Pa can slip into the support, but usually not far below. using 1.1129, it can slip into the dog chains length. That could be 0961. But usually it would quickly be rejected here, if bullish. If bearish. It usually quickly runs in a breakout fashion. This is 2 different things sharing 1.0974 and 0961. With the algo, its 3 different things.
those who can, do. those who cant, talk about those who can
  • #108,417
  • Apr 28, 2023 4:07am Apr 28, 2023 4:07am
Quoting gatorinla
{quote} I would had longed in the 1.0995 area. If not for the 6 and 8h algos 0980/81. I have support 0985/90
My buy just got triggered at 0978. Let's see if it works out good.
  • #108,418
  • Apr 28, 2023 4:14am Apr 28, 2023 4:14am
just woke up... I give a long here a try 1.0984
  • #108,419
  • Apr 28, 2023 4:16am Apr 28, 2023 4:16am
FX option expiries for Apr 28 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
- EUR/USD: EUR amounts

  1. 1.1000 3.1b
  2. 1.1025-30 594m
  3. 1.1040-50 1.3b

  • #108,420
  • Apr 28, 2023 4:19am Apr 28, 2023 4:19am
I mentioned a few aud crosses. All made the entry. But once the aud/usd week support gave in. The month at 6599 has slack. PA is 20 pips below the month now. Its not always perfect. The ea did come closer to that entry 1.6588/1.6560. That's the trade I wanted. I left it pending incase. It happened while i slept.
Often one slack in one place, frees up slack somewhere else. In a more perfect world. The eu dogs chain would not be long enough to cross 0974. That's not the case this time. So lets see how it plays out.
those who can, do. those who cant, talk about those who can
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