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The Swamp

  • #108,941
  • May 19, 2023 5:10am May 19, 2023 5:10am
Quoting Boulder
{quote} Bulls managed to close above at H1 close, I added more longs at 1.0788 Today range high 1.0835.. let's see bulls can get there...
still holding today s longs...bulls need close 1.0815 + at H1 close to make me feel confident...
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  • #108,942
  • May 19, 2023 5:27am May 19, 2023 5:27am
Quoting Boulder
{quote} still holding today s longs...bulls need close 1.0815 + at H1 close to make me feel confident... {image}
testng...33 mins to go...
  • #108,943
  • May 19, 2023 5:35am May 19, 2023 5:35am
Quoting Boulder
{quote} 5/19 trading levels 1.0855 1.0816 1.0793 1.0746 1.0722 1.0684 1.079 printed... next to print 1.0816 or 1.0746 1

5/19 trading levels

1.0855
1.0816
1.0793

1.0746
1.0722
1.0684

1.0816 printed... next to print 1.0855
  • #108,944
  • May 19, 2023 5:39am May 19, 2023 5:39am
Quoting Mitiblotch
Gator and Boulder I think the bull might be coming. {image}
Price back in and heading in the right direction. I expected the break down and rise, which usually happens when a pattern is obvious. Bank 2/3 of my long and hold the rest.
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  • #108,945
  • May 19, 2023 5:43am May 19, 2023 5:43am
Quoting gatorinla
{quote} Its gone to 0791now. -0769 now may be a fall.
Tested 0769 after 0791, but never got under. The same 0835 40 and 60/62 R. Beyond 0862 it could run. If its going to remain bearish, it usually dont pass much past 0860/62.
If it loses 0769 its likely bearish after in the morning.
those who can, do. those who cant, talk about those who can
  • #108,946
  • May 19, 2023 5:50am May 19, 2023 5:50am
Quoting Boulder
{quote} 5/19 trading levels 1.0855 1.0816 1.0793 1.0746 1.0722 1.0684 1.0816 printed... next to print 1.0855
I slept late. I turned ea off. Gonna short 0860. I went to bed after 0791 the first time. Missed the run back toward 0769, and the bounce after.
those who can, do. those who cant, talk about those who can
  • #108,947
  • May 19, 2023 5:55am May 19, 2023 5:55am
There was an algo at 0810. It completed. There is another at 1.0855. Obviously that's above 0835 and 0841. With some slip it may reach 0860/62.
If today closed below 0860. I think it takes another shot at 1.0700/27/36. With adr at 0835. It has the chance to close below 0860
those who can, do. those who cant, talk about those who can
  • #108,948
  • May 19, 2023 5:58am May 19, 2023 5:58am
Quoting gatorinla
There was an algo at 0810. It completed. There is another at 1.0855. Obviously that's above 0835 and 0841. With some slip it may reach 0860/62.
just missed my TP by 10 pips.
now bulls failed at H1 close above 1.0815
  • #108,949
  • May 19, 2023 6:34am May 19, 2023 6:34am
Quoting Mitiblotch
{quote} Price back in and heading in the right direction. I expected the break down and rise, which usually happens when a pattern is obvious. Bank 2/3 of my long and hold the rest. {image}
Today the week close 20 sma/ 1.0799 in play. If it closes above 1.0862 today, I cant short. My short stops are above this. Below it and 1.0835 to me is bearish to test 1.0700/27/36. A stronger bear should be closing today below 1.0799. Just speculating, since I dont know where it closes. PA closed yesterday below all of these. Its hard to see it taking them all back today. Before reaching 1.07/0736 to line up some short tp, and some fresh longs (tp shorts are long momentum). Its may be very hard to just reach 0835/62 today. Since yesterday did close below 0799. But if it did. My stop wouldn't have to be large . Its either right or wrong there. If right, it should quickly return back below 0835 and maybe 0799 to close today. Today or next week pa may be closer to 1.07/36. That may be a better place to bounce. Since the 0736 algo is pulling pa down
those who can, do. those who cant, talk about those who can
  • #108,950
  • May 19, 2023 6:52am May 19, 2023 6:52am
If pa gets back below 1.0769 its has a good chance at continuing down to 1.07/36 today. Once there, a long may develop over time. Pa will be between 3 large places there. But closer to the lower one. Year close at 1.07, above 1.0835 and the quarter close 1.0840.
PA atm is between these large places. So one can expect some "frog in a blender" movement. When shorts close, they become a longs momentum. A year close is a attractive support to tp, or to take a new long. In places like this it can range for months. Just when it looks to b/o. It returns to the other extreme in the range. If its to range, your indicators based on ma's will be as useless as tits on a mule. After this process completes, many names here will disappear. I dont know for sure this will range. It either will, or break out. One way or the other. Its past mid May, the usual time to range.

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those who can, do. those who cant, talk about those who can
  • #108,951
  • May 19, 2023 7:40am May 19, 2023 7:40am
Powell speech live in 20 min...

Thomas Laubach Research Conference May 19, 2023...Panel : Perspectives on Monetary Policy...
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I am who I am
  • #108,952
  • May 19, 2023 8:12am May 19, 2023 8:12am
Quoting gatorinla
If pa gets back below 1.0769 its has a good chance at continuing down to 1.07/36 today. Once there, a long may develop over time. Pa will be between 3 large places there. But closer to the lower one. Year close at 1.07, above 1.0835 and the quarter close 1.0840. PA atm is between these large places. So one can expect some "frog in a blender" movement. When shorts close, they become a longs momentum. A year close is a attractive support to tp, or to take a new long. In places like this it can range for months. Just when it looks to b/o. It returns...
100 % of range is about 135 pios. To help me place stops for R/R I have the % of the move. Example: 10% is about 13.5 pips, and so forth. Atm the week has not closed below 1.0835. But the highest spike since reaching 1.0835 is 1.0904. That's less than 52.5% of the possible 135 pip range. That atm could be the outer upper range. Once a week or month closes below 0835 that should reduce if in a range. Example the 10% at 13.5 pips bought or sold at 1.07. or 1.0835 gives a 1 to 10 ratio - S/C. Its best to know your risk before entering. This could help adjust trade size. Nothing in stone here. Just something i use for a guide. Some trades will be better looking than others. Personal adjustments can vary.
If this starts to range, it may look like this.
Green and red are out of anticipated range. But it often will come back after a false break. Early on 1.0860 may be tested. Next week would be a nice time to test the upper or lower, maybe both.
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those who can, do. those who cant, talk about those who can
  • #108,953
  • May 19, 2023 8:24am May 19, 2023 8:24am
It may test 1.0835/62 soon.
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those who can, do. those who cant, talk about those who can
  • #108,954
  • May 19, 2023 8:26am May 19, 2023 8:26am
short .0813....small size

seems like price wont get much hier today

will prolly close by end of trading today
short trump and go long the deepstate
  • #108,955
  • May 19, 2023 8:32am May 19, 2023 8:32am
Quoting gatorinla
If pa gets back below 1.0769 its has a good chance at continuing down to 1.07/36 today. Once there, a long may develop over time. Pa will be between 3 large places there. But closer to the lower one. Year close at 1.07, above 1.0835 and the quarter close 1.0840. PA atm is between these large places. So one can expect some "frog in a blender" movement. When shorts close, they become a longs momentum. A year close is a attractive support to tp, or to take a new long. In places like this it can range for months. Just when it looks to b/o. It returns...
Booked longs...
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  • #108,956
  • May 19, 2023 8:51am May 19, 2023 8:51am
Quoting Boulder
{quote} Booked longs... {image}
Estes Park trip? Back to the Stanley
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those who can, do. those who cant, talk about those who can
  • #108,957
  • May 19, 2023 9:04am May 19, 2023 9:04am
Quoting gatorinla
{quote} Estes Park trip? Back to the Stanley https://www.youtube.com/watch?v=zrDLP-_D6zY
I am so happy,,,, pick me up...
  • #108,958
  • May 19, 2023 9:06am May 19, 2023 9:06am
I am done for the day... sideline atm....will wait to short this ,,,,,
Have a good weekend....
  • #108,959
  • May 19, 2023 9:08am May 19, 2023 9:08am
Quoting gatorinla
{quote} Today the week close 20 sma/ 1.0799 in play. If it closes above 1.0862 today, I cant short. My short stops are above this. Below it and 1.0835 to me is bearish to test 1.0700/27/36. A stronger bear should be closing today below 1.0799. Just speculating, since I dont know where it closes. PA closed yesterday below all of these. Its hard to see it taking them all back today. Before reaching 1.07/0736 to line up some short tp, and some fresh longs (tp shorts are long momentum). Its may be very hard to just reach 0835/62 today. Since yesterday...
I see. Better to be careful since is's Friday. When it came back down to 0990 I added some more and booked with the spike to 0820. Still holding one with SL in profit. I may close out before the end of the day.
  • #108,960
  • May 19, 2023 9:10am May 19, 2023 9:10am
Quoting Boulder
{quote} I am so happy,,,, pick me up...
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those who can, do. those who cant, talk about those who can
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