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The Swamp

  • #108,881
  • May 17, 2023 4:53am May 17, 2023 4:53am
Quoting Boulder
just curious about this smart money concepts ( SMC) will work, I observe it.. H1 just hit discount zone... lets see this can go back at least to equilibrium... not look for premium zone {image}
M15.. let see this can go from discount to premium
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  • #108,882
  • May 17, 2023 4:56am May 17, 2023 4:56am
Quoting Boulder
just curious about this smart money concepts ( SMC) will work, I observe it.. H1 just hit discount zone... lets see this can go back at least to equilibrium... not look for premium zone {image}
I thought I was stopped several times already. It hung on so far. If it goes up from here I owe you 2 hash browns and a large coffee.
That's the 12h mid buy level 0817.7
those who can, do. those who cant, talk about those who can
  • #108,883
  • May 17, 2023 5:01am May 17, 2023 5:01am
Quoting gatorinla
{quote} I thought I was stopped several times already. It hung on so far. If it goes up from here I owe you 2 hash browns and a large coffee. That's the 12h mid buy level 0817.7
I will take it...
  • #108,884
  • May 17, 2023 5:07am May 17, 2023 5:07am
I have to say.. I am here trading longs , which are actually against my trading sytem...so longs may not work... but the down trend so over extended with H1 at 215 hours already...I don't mind to risk some..
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  • #108,885
  • May 17, 2023 5:18am May 17, 2023 5:18am
Quoting Boulder
I have to say.. I am here trading longs , which are actually against my trading sytem...so longs may not work... but the down trend so over extended with H1 at 215 hours already...I don't mind to risk some.. {image}
If not for 0835. I would not be long either. It didnt take my stop0 If it did, I would already be sleeping
those who can, do. those who cant, talk about those who can
  • #108,886
  • May 17, 2023 5:22am May 17, 2023 5:22am
Quoting gatorinla
{quote} If not for 0835. I would not be long either. It didnt take my stop0 If it did, I would already be sleeping
I took 1% risk on your 0835, I still have more to add... I don't mind...
  • #108,887
  • May 17, 2023 5:30am May 17, 2023 5:30am
Quoting Boulder
I have to say.. I am here trading longs , which are actually against my trading sytem...so longs may not work... but the down trend so over extended with H1 at 215 hours already...I don't mind to risk some.. {image}
In the past you can see the consolidation above 1.0835, and also the consolidation below 1.1186. It broke below 1.0835, then went right back to 1.1186. This is not how I got these numbers, but it shows the past reaction to them. It dont mean it will happen again. I have that 1.1186 algo untouched. Another at 0736. One will come next. 1.1186 is a larger one.
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those who can, do. those who cant, talk about those who can
  • #108,888
  • May 17, 2023 5:32am May 17, 2023 5:32am
no magnetic pull today...but the most at 1.0795-10

FX option expiries for May 17 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
- EUR/USD: EUR amounts

  1. 1.0795-10 751m
  2. 1.0825-35 556m
  3. 1.0915-20 619m

  • #108,889
  • May 17, 2023 5:39am May 17, 2023 5:39am
Quoting Boulder
{quote} I took 1% risk on your 0835, I still have more to add... I don't mind...
I dont like the 12h closing under 1.0835 and 0840. I dont like not taking back 0861+.
those who can, do. those who cant, talk about those who can
  • #108,890
  • May 17, 2023 5:39am May 17, 2023 5:39am
Quoting Boulder
no magnetic pull today...but the most at 1.0795-10 FX option expiries for May 17 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.0795-10 751m 1.0825-35 556m 1.0915-20 619m
Back to bed.. see you in US session
I have set stop loss at 1.0778..
  • #108,891
  • May 17, 2023 5:42am May 17, 2023 5:42am
Quoting Boulder
{quote} Back to bed.. see you in US session I have set stop loss at 1.0778..
same here.. be there in a few. You left your office light on.
those who can, do. those who cant, talk about those who can
  • #108,892
  • May 17, 2023 11:27am May 17, 2023 11:27am
Quoting gatorinla
{quote} In the past you can see the consolidation above 1.0835, and also the consolidation below 1.1186. It broke below 1.0835, then went right back to 1.1186. This is not how I got these numbers, but it shows the past reaction to them. It dont mean it will happen again. I have that 1.1186 algo untouched. Another at 0736. One will come next. 1.1186 is a larger one. {image}
The 4h looked like this March 6 2022. ( see pic) The low 1.0806. Back then there were no 4h closes below 1.0835. This time there is. But if the day closes above 1.0835 it may recover, more so with a close above 1.0861. Or any time now.
Its bearish, being back above 1.0861 allows a crack to form.
The same 1.0835 1.0904 and 1.1186 had a part back then.
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those who can, do. those who cant, talk about those who can
  • #108,893
  • May 17, 2023 11:41am May 17, 2023 11:41am
Quoting gatorinla
{quote} The 4h looked like this March 6 2022. ( see pic) The low 1.0806. Back then there were no 4h closes below 1.0835. This time there is. But if the day closes above 1.0835 it may recover, more so with a close above 1.0861. Or any time now. Its bearish, being back above 1.0861 allows a crack to form. The same 1.0835 1.0904 and 1.1186 had a part back then. {image}
I dont know about how it works this time. I didnt know the same numbers. I have been looking at. Were relevant in the past. I did know 1.0835 is important then and now. Also 1.0805 was a Quarter algo on the way up. It was the first one I was banking on. 1.1186 is just bigger than 1.0805.
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those who can, do. those who cant, talk about those who can
  • #108,894
  • May 17, 2023 12:03pm May 17, 2023 12:03pm
Quoting Boulder
{quote} 5/17 trading levels 1.0910 1.0888 1.0874 1.0847 1.0833 1.0811 3 levels printed (1.08736 close to 1.0874) ,,,next to print 1.0811 or 1.0888 day range low 1.0795, day range high 1.0908
Just got back , I see 1.0811 printed....my pending there triggered as welll... I may add more if bulls can close above 1.0851 at M15 close...

5/17 trading levels

1.0910
1.0888
1.0874

1.0847
1.0833
1.0811
  • #108,895
  • May 17, 2023 12:17pm May 17, 2023 12:17pm
Gator and Boulder I think the bull might be coming.
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  • #108,896
  • May 17, 2023 12:31pm May 17, 2023 12:31pm
1 4h close above 1.0835 dont make a trend. I misspoke earlier, +0862 may let a run start. But there is 1h trend R at 0870. Its best to clear it. The eu likes 100 pips. So 1.0909 wouldn't be out the question on a run. Most often clearing 1.09 would open things some. Way ahead of my skies here. But that close above 1.0835 and the Q close at 1.0840 may be talking. Recovering levels takes some unseen strength. A day and week close has more power for sure. But by that time, pa may be long gone. Last month and last week closed above 1.0835 and 0840. There is also the last day close above. Beyond that, the missing closes above are 6h 8h 12h . . My 12h trend has never gone bearish. It was almost tested at 0782. If today closes above 1.0860. That to me seems bullish, against taking back 1.0835 and 1.0840. Closing above 1.0862 would be stronger looking. We got 4hs. If pa manages to sneak above 1.0862. That may be a start.
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those who can, do. those who cant, talk about those who can
  • #108,897
  • May 17, 2023 1:10pm May 17, 2023 1:10pm
On the month one can see the engulfed bearish candle. But if 1.0935 is in play as a support. The month average could give 270 pips North from where it sits now. To the bottom average about 157 pips. All depends on 1.0835.. About 10 trading days.
The average North is about 40 pips above 1.1186. That would fit a 43 pip slip.
NC Cot were still buying last week. That 1.12 area could make a place to look to short.
There is that past high to the left about 1.1186. Its unrelated to the algo
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those who can, do. those who cant, talk about those who can
  • #108,898
  • May 17, 2023 1:21pm May 17, 2023 1:21pm
day week averages
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those who can, do. those who cant, talk about those who can
  • #108,899
  • May 17, 2023 1:31pm May 17, 2023 1:31pm
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those who can, do. those who cant, talk about those who can
  • #108,900
  • May 17, 2023 2:42pm May 17, 2023 2:42pm
fyi
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