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The Swamp

  • #110,901
  • Aug 1, 2023 7:43am Aug 1, 2023 7:43am
Quoting bzzz
{quote} Sold some uchf at 0.8772 tp 0.8697{image}
pending long there
better be not enough salt than too much salt
  • #110,902
  • Aug 1, 2023 7:54am Aug 1, 2023 7:54am
Quoting imwim
Today is Swiss National Day and the CHF looks ok in sell mode...Swiss National Bank posts record $143 billion loss in 2022 due to a too strong CHF...
Plus they have raised military spending. Meaning more debt even before NATO they went to 1%. Since NATO is will rise more. They will probably borrow more. Japan is also spending more for defense.
those who can, do. those who cant, talk about those who can
  • #110,903
  • Aug 1, 2023 7:58am Aug 1, 2023 7:58am
Quoting gatorinla
{quote} with pa near testing 0942. either 0999 or 0995 may be a entry later. they can be R. So can 1004. it is possible the day may close in that area. That would be a R area when under it. Closing below 0942 today would be bearish. So will closing below 0956. It would help set up 0917.. Closing below it is a stronger bear. 0874 0792 and so forth all need to be or it will bounce
0917+ atr is about 0995. very close.. Maybe a sweet spot here tonight
those who can, do. those who cant, talk about those who can
  • #110,904
  • Aug 1, 2023 8:07am Aug 1, 2023 8:07am
I FU closing too early, yesterday's trade from 1035.. 52 pips.. But pa has run back where I closed+. On the side. But have a generic short at 1044 out of general principle of thinking its R. No, I dont think its going there. 1004 may be R too. Something could happen while away so i have some pending . Support wise big ass 0942 (0835) and lesser 0956 close wise..
Pa may run to 0995/99 just for the hell od it before dropping.. Lace up those panties..
those who can, do. those who cant, talk about those who can
  • #110,905
  • Edited 8:37am Aug 1, 2023 8:16am | Edited 8:37am
Quoting Boulder
{quote} testing M15,,, waiting...
Bears really defended this M15 1.0989 ...
  • #110,906
  • Aug 1, 2023 8:17am Aug 1, 2023 8:17am
For the youngers listening to rap, expand your horizons. Tractor time. relax time.

Inserted Video
those who can, do. those who cant, talk about those who can
  • #110,907
  • Aug 1, 2023 8:20am Aug 1, 2023 8:20am
Attached Image (click to enlarge)
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Quoting Boulder
{quote} Bears really defended this M15 1.0989 ...
it may come back to 0995 later.
those who can, do. those who cant, talk about those who can
  • #110,908
  • Aug 1, 2023 8:26am Aug 1, 2023 8:26am
Quoting gatorinla
{image}{quote} it may come back to 0995 later.
This is really testing my patience...I just had two round $2000+ profit that I didn't take,
The same thing happened to me last two days,, I ended up closing my shorts early, price reached my target price overnight without me.....
  • #110,909
  • Aug 1, 2023 8:28am Aug 1, 2023 8:28am
Quoting gatorinla
{image}{quote} it may come back to 0995 later.
I want that 61.8 retracement at 1.1007....
  • #110,910
  • Aug 1, 2023 8:32am Aug 1, 2023 8:32am
if the GBP stalls -2737.. it may run back to 2761. scalp
those who can, do. those who cant, talk about those who can
  • #110,911
  • Aug 1, 2023 8:33am Aug 1, 2023 8:33am
Quoting Boulder
{quote} This is really testing my patience...I just had two round $2000+ profit that I didn't take, The same thing happened to me last two days,, I ended up closing my shorts early, price reached my target price overnight without me.....
your mixing a day trade by tp-ing like a scalper
Find a good s/r you think is strong. Use it as "0" Use adr as the tp. Your stop can be a % of the adr tp value. For instance 1.0942 is a Support. If you think its strong. adr is about 78 pips. If you want to risk 1 and make 4. Then set your stop at 19.5 pips.
Example only. If you find the stronger s/r these should make you $. But no getting in early.
those who can, do. those who cant, talk about those who can
  • #110,912
  • Aug 1, 2023 8:39am Aug 1, 2023 8:39am
Quoting gatorinla
{quote} your mixing a day trade by tp-ing like a scalper Find a good s/r you think is strong. Use it as "0" Use adr as the tp. Your stop can be a % of the adr tp value.
or.. I just book my trades whenever I have $2000 in profit..
  • #110,913
  • Aug 1, 2023 8:43am Aug 1, 2023 8:43am
Quoting gatorinla
if the GBP stalls -2737.. it may run back to 2761. scalp
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those who can, do. those who cant, talk about those who can
  • #110,914
  • Aug 1, 2023 8:44am Aug 1, 2023 8:44am
Quoting Boulder
{quote} or.. I just book my trades whenever I have $2000 in profit..
Your not taking advantage of r/r.
those who can, do. those who cant, talk about those who can
  • #110,915
  • Aug 1, 2023 8:50am Aug 1, 2023 8:50am
Quoting gatorinla
{quote} Your not taking advantage of r/r.
if I have high winning ratio ,,that may work,,,
  • #110,916
  • Aug 1, 2023 8:55am Aug 1, 2023 8:55am
Quoting Boulder
{quote} if I have high winning ratio ,,that may make it work,,,
Someone sent me a chart about that.. I think it was you. Go back and read it. for it to work, you have to take advantage of the winners being a multiple of the loss size.
those who can, do. those who cant, talk about those who can
  • #110,917
  • Edited 9:11am Aug 1, 2023 9:00am | Edited 9:11am
PA is bearish. I do expect 1.0942 to break. What i expect, or think means squat. 1.0942 is a big number. It deserves respect. Use a long stick when poking the large bull/bear. Since its large pa has ping pong on it and 1044. It would not be unusual to run up to 099x
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those who can, do. those who cant, talk about those who can
  • #110,918
  • Aug 1, 2023 9:00am Aug 1, 2023 9:00am
Quoting gatorinla
{quote} Someone sent me a chart about that.. I think it was you. Go back and read it. for it to work, you have to take advantage of the winners being a multiple of the loss size.
I need around 70%+ winning rate for mine to work...
  • #110,919
  • Aug 1, 2023 9:24am Aug 1, 2023 9:24am
Quoting Boulder
{quote} I need around 70%+ winning rate for mine to work...
For it to work you need more than 70% swap commission and your time and effort. 70% is a break even mark, if I recall correctly?
those who can, do. those who cant, talk about those who can
  • #110,920
  • Aug 1, 2023 9:27am Aug 1, 2023 9:27am
Quoting Boulder
{quote} I need around 70%+ winning rate for mine to work...
I'm going out to plant those melon seeds from you..
those who can, do. those who cant, talk about those who can
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