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The Swamp

  • #109,121
  • May 25, 2023 7:05am May 25, 2023 7:05am
rubber meets the road here.. In this 1.0695 1.070 area, somewhere below 1.0736.
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those who can, do. those who cant, talk about those who can
  • #109,122
  • May 25, 2023 7:08am May 25, 2023 7:08am
1.0762 may have a magnet
those who can, do. those who cant, talk about those who can
  • #109,123
  • May 25, 2023 7:32am May 25, 2023 7:32am
Quoting gatorinla
1.0762 may have a magnet
Its not moving, scratch
those who can, do. those who cant, talk about those who can
  • #109,124
  • May 25, 2023 7:50am May 25, 2023 7:50am
I may be wrong.. I closed the longs i had, thinking it may come closer to 1.07.. I will buy again closer to 1.07.. Its London fix h and its not seeming enthusiastic about 1.0762.
those who can, do. those who cant, talk about those who can
  • #109,125
  • May 25, 2023 8:05am May 25, 2023 8:05am
Quoting gatorinla
I may be wrong.. I closed the longs i had, thinking it may come closer to 1.07.. I will buy again closer to 1.07.. Its London fix h and its not seeming enthusiastic about 1.0762.
I had close to $4,000 profit on my early morning trades, that I didn't book. ending flat out even in US session,,
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  • #109,126
  • May 25, 2023 8:10am May 25, 2023 8:10am
Quoting gatorinla
I may be wrong.. I closed the longs i had, thinking it may come closer to 1.07.. I will buy again closer to 1.07.. Its London fix h and its not seeming enthusiastic about 1.0762.
Snooze fest.. If it runs back to the 1.070 area. i will buy. After i need it to start closing above 1.0729 0768/70 0798 0833 0835 0862.

If it can manage to close today back above 1.0768/70. It may take a shot at 1.0833 35 40 62. I may of closed good longs early. Its possible I made a big mistake closing them.
those who can, do. those who cant, talk about those who can
  • #109,127
  • May 25, 2023 8:12am May 25, 2023 8:12am
Quoting Boulder
{quote} I had close to $4,000 profit on my early morning trades, that I didn't book. ending flat out even in US session,, {image}
incoming
those who can, do. those who cant, talk about those who can
  • #109,128
  • May 25, 2023 8:16am May 25, 2023 8:16am
Quoting Boulder
{quote} I had close to $4,000 profit on my early morning trades, that I didn't book. ending flat out even in US session,, {image}
I gave one last try on longs..I have one position running
,,
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  • #109,129
  • May 25, 2023 8:25am May 25, 2023 8:25am
im kicking myself for not taking the small profit from that runup yesterday morning but hubris and greed got the better of me. since i took my trades off the hourly from 4h and daily levels i have a 100 point stop so that hasnt been hit yet

i trade reversals so my initial trades are smaller size and add bigger once price moves toward my target so out of my 4 longs i only have 2 lots aat average 0777 so the DD is manageable so far but looks like ill have to manage my trade to get it to breakeven now since its become a busted endeavor rather than make money tho i know ill have to fight off greed again the closer i get to even LOL
short trump and go long the deepstate
  • #109,130
  • May 25, 2023 8:37am May 25, 2023 8:37am
PA is very bearish. It has come close. But it hasn't hit 1.07 year close. Since its so bearish. The better r/r is after it hits a big support. Not that support will hold. Its just less amount of pips to risk. The closer to the support, the pips on the reward side increases equally. But of course it has to be the right support, at the right time.
Just for easy math's sake. A 1% risk, with a 10 pip stop. Is about 10% reward at a 100 pip bounce. The entry is very important. They are not just giving money away. Trading is not easy. Find a entry system that is duplicatable and works for entry. As a strong S/R. You dont have to right but about 10% of the time to break even. 2 out of them and your making money. Be right 3 or 4 times using this ratio consistent. And you live where/how you want.
those who can, do. those who cant, talk about those who can
  • #109,131
  • May 25, 2023 8:45am May 25, 2023 8:45am
Quoting Zebi
im kicking myself for not taking the small profit from that runup yesterday morning but hubris and greed got the better of me. since i took my trades off the hourly from 4h and daily levels i have a 100 point stop so that hasnt been hit yet i trade reversals so my initial trades are smaller size and add bigger once price moves toward my target so out of my 4 longs i only have 2 lots aat average 0777 so the DD is manageable so far but looks like ill have to manage my trade to get it to breakeven now since its become a busted endeavor rather than...
Fear of missing out (FOMO), Greed and Yourself. "FOMOGY" is a challenge we all fight. "The Goose Who Laid The Golden Egg" comes to mind. Slow and steady wins the race. FOMOGY steals accounts.
Inserted Video
those who can, do. those who cant, talk about those who can
  • #109,132
  • May 25, 2023 9:50am May 25, 2023 9:50am
Quoting gatorinla
rubber meets the road here.. In this 1.0695 1.070 area, somewhere below 1.0736. {image}
The 200 day is also in play 1.0681. Most things point lower. Bearish into support. We may have a decent drop if pa can pass. Most often it will bounce. This is a busy area 1.07
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those who can, do. those who cant, talk about those who can
  • #109,133
  • May 25, 2023 10:14am May 25, 2023 10:14am
New superbug-killing antibiotic discovered using AI...
https://www.bbc.com/news/health-65709834
I am who I am
  • #109,134
  • May 25, 2023 10:36am May 25, 2023 10:36am
Quoting Boulder
{quote} I gave one last try on longs..I have one position running ,, {image}
That's some leverage you got there, the P&L swings would be immense.
  • #109,135
  • May 25, 2023 11:04am May 25, 2023 11:04am
Quoting Boulder
{quote} I gave one last try on longs..I have one position running ,, {image}
you got some back. Decision time.. Some soft R at 0728
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those who can, do. those who cant, talk about those who can
  • #109,136
  • May 25, 2023 11:12am May 25, 2023 11:12am
Fitch may lower debt rating. Being near the 200 day ema, and a lowering debt rating. Could send this up.
https://www.bloomberg.com/news/artic...ight#xj4y7vzkg
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those who can, do. those who cant, talk about those who can
  • #109,137
  • May 25, 2023 11:23am May 25, 2023 11:23am
Quoting Steamroller
{quote} That's some leverage you got there, the P&L swings would be immense.
That's what she said
those who can, do. those who cant, talk about those who can
  • #109,138
  • May 25, 2023 11:41am May 25, 2023 11:41am
Quoting gatorinla
{quote} you got some back. Decision time.. Some soft R at 0728 {image}
The last time near the channel high 15 min was 0740. Not being able to get back above 0728 or +0740 may lead closer to 0700.
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those who can, do. those who cant, talk about those who can
  • #109,139
  • May 25, 2023 3:03pm May 25, 2023 3:03pm
Quoting gatorinla
{quote} The last time near the channel high 15 min was 0740. Not being able to get back above 0728 or +0740 may lead closer to 0700. {image}
Another lower day close. Now lets see if the little channel keeps it below 0729. The light R is 0728. Testing now.
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those who can, do. those who cant, talk about those who can
  • #109,140
  • May 25, 2023 3:12pm May 25, 2023 3:12pm
Quoting gatorinla
{quote} Another lower day close. Now lets see if the little channel keeps it below 0729. The light R is 0728. Testing now. {image}
Its still closing bearish. But its very close to testing large support.
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those who can, do. those who cant, talk about those who can
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