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  • #111,381
  • Aug 14, 2023 9:26pm Aug 14, 2023 9:26pm
0940 is near 0942/51.9. 2.3b option there.
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those who can, do. those who cant, talk about those who can
  • #111,382
  • Aug 14, 2023 11:21pm Aug 14, 2023 11:21pm
Quoting gatorinla
Curious if LG gets a invite to Ga.
Nope. Not this time.
those who can, do. those who cant, talk about those who can
  • #111,383
  • Aug 15, 2023 4:57am Aug 15, 2023 4:57am
Quoting gatorinla
{quote} Possible sweet spot short 0942/64, or 0942/51.9, or just 0942. The DPP at 0912.. DR 1 0944 DR2 0964 {image}
here now
ADR wise, a drop from here may be 0865ish
those who can, do. those who cant, talk about those who can
  • #111,384
  • Aug 15, 2023 5:20am Aug 15, 2023 5:20am
Quoting gatorinla
{quote} here now ADR wise, a drop from here may be 0865ish
I longed and wait to TP

Update: actually I decide to flat the trade for now
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  • #111,385
  • Aug 15, 2023 5:32am Aug 15, 2023 5:32am
I may be wrong.. A close today below 0942 and/or 0951.9 fits a bear print. Im thinking if below 0873. It may be in that larger path lower. 0873 can take some time. It may allow 0946.9 0958.3 0969.7. But that may be the final gasp. I think a close today below 0951.9 is helpful. A close today below 1.0873 is much stronger. A close above 0951.9 alters this view for a while. Eventually targeting is 0.7990. I do expect many changes in shorter term bias. Over the years until target is met. A close today below 1.0873 is not looking likely today atm. A week close below 1.0873 is a good start. A month would be better.
For me to to be correct. It needs to start with a day. Today could be a good day to start. The longest journey starts with the first step. This journey may have started 15 years ago.
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those who can, do. those who cant, talk about those who can
  • #111,386
  • Aug 15, 2023 5:41am Aug 15, 2023 5:41am
Fyi
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  • #111,387
  • Edited 6:03am Aug 15, 2023 5:52am | Edited 6:03am
on a average day adr is 80 pips. pa atm high is above 50% of adr. on a average day 0903 happens. 0938 is half adr. 0978ish is a full adr, so is 80 pips down from the current high. If pa rises, so does the lower number. But once above 0938. The chance of average goes to 1 risk to 2 reward. If in a downtrend. That's a decent way to see things.
those who can, do. those who cant, talk about those who can
  • #111,388
  • Aug 15, 2023 6:13am Aug 15, 2023 6:13am
Take the adr and divide it into sections you like.. If in a strong trend. ADR divided into 10 is about 8 pips (just an example, everyone has their personal way of seeing things). In a down trend, when adr is at 72 pips on a rise. the risk of 1. (80/10=8 pips) with an average move. Has the reward of 10. Just example. If in a uptrend, and you find a decent R you like. You can set your risk, and reward before pa reaches a level w/o the emotion. You can do the same on a month or week bases.
those who can, do. those who cant, talk about those who can
  • #111,389
  • Aug 15, 2023 6:14am Aug 15, 2023 6:14am
Quoting gatorinla
on a average day adr is 80 pips. pa atm high is above 50% of adr. on a average day 0903 happens. 0938 is half adr. 0978ish is a full adr, so is 80 pips down from the current high. If pa rises, so does the lower number. But once above 0938. The chance of average goes to 1 risk to 2 reward. If in a downtrend. That's a decent way to see things.
I maybe wrong , I just longed again at 1.0930, after booking 1.0937
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  • #111,390
  • Aug 15, 2023 6:31am Aug 15, 2023 6:31am
Quoting Boulder
{quote} I maybe wrong , I just longed again at 1.0930, after booking 1.0937 {image}
Just be careful. The week closed below 0942/51. Its testing it now.. Week average is 200 pips. 200 pips down may be hit Friday. But if 0951.9 fails as R. I will be wrong. It may test 0980. since the week closed below 0942/0951. I have to go with that. 0760 is about 200 down from week high. I dont want to discount 0878. i know it takes time to break that one. That was the reason I waited for 0942 to tp. And the reason I waited to short here.
those who can, do. those who cant, talk about those who can
  • #111,391
  • Aug 15, 2023 6:45am Aug 15, 2023 6:45am
bears/bulls may be rode hard and put up wet here 0951ish. I went with the week close. The support 0878 was expected. Close a day below it and 0873. And it should pass till the 0835 battle
those who can, do. those who cant, talk about those who can
  • #111,392
  • Aug 15, 2023 7:14am Aug 15, 2023 7:14am
I may be wrong. i dont know how this plays out against the day uptrend at 0878.. On a normal day returning to 0903 is normal. The week close below 0942 points to down trend to me. Plus the month stuff -127x etc. PA just tested 0942. old support area.. Now, old support can be resistance. That old support area being 0942/51.
those who can, do. those who cant, talk about those who can
  • #111,393
  • Aug 15, 2023 7:21am Aug 15, 2023 7:21am
Good luck.. news in 9 min
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those who can, do. those who cant, talk about those who can
  • #111,394
  • Aug 15, 2023 7:39am Aug 15, 2023 7:39am
Quoting gatorinla
{quote} Just be careful. The week closed below 0942/51. Its testing it now.. Week average is 200 pips. 200 pips down may be hit Friday. But if 0951.9 fails as R. I will be wrong. It may test 0980. since the week closed below 0942/0951. I have to go with that. 0760 is about 200 down from week high. I dont want to discount 0878. i know it takes time to break that one. That was the reason I waited for 0942 to tp. And the reason I waited to short here.
let’s see I can get out of this messy trades
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  • #111,395
  • Aug 15, 2023 8:11am Aug 15, 2023 8:11am
Quoting Boulder
{quote} let’s see I can get out of this messy trades {image}
Please dont short on my account unless its near a R you like. Once that R is broken/ closed above etc. Its broken. Your day trend is bullish. Its backed by the q pp. That day trend +q pp is a support. I would like today to close below it and 0873 to be more confident on short. That Q has R1 at 1120. So i cant go all in on a short. 0942/1108 center 1025. Qpp 0878/R1 1120 center 0999. MPP 1034. I can only short 0942/51.. With a stop if broke. I may be wrong. I closed most when 0903 was hit
those who can, do. those who cant, talk about those who can
  • #111,396
  • Aug 15, 2023 8:18am Aug 15, 2023 8:18am
1.0951.9 looks to be tested.. If it dont hold.. It may run to 0980. or more.. If it closes below 0942/51. It should be aligned with testing 0878. 0878 is a Q pp.. Its not a little support. The Q dont close till Sept.
those who can, do. those who cant, talk about those who can
  • #111,397
  • Aug 15, 2023 8:20am Aug 15, 2023 8:20am
PA just hit 0951.9... So its up to pa now.
those who can, do. those who cant, talk about those who can
  • #111,398
  • Aug 15, 2023 8:23am Aug 15, 2023 8:23am
Quoting gatorinla
{quote} Please dont short on my account unless its near a R you like. Once that R is broken/ closed above etc. Its broken. Your day trend is bullish. Its backed by the q pp. That day trend +q pp is a support. I would like today to close below it and 0873 to be more confident on short. That Q has R1 at 1120. So i cant go all in on a short. 0942/1108 center 1025. Qpp 0878/R1 1120 center 0999. MPP 1034. I can only short 0942/51.. With a stop if broke. I may be wrong. I closed most when 0903 was hit
No worries... part of trading,,,win or loss..
  • #111,399
  • Aug 15, 2023 8:33am Aug 15, 2023 8:33am
Quoting Boulder
{quote} No worries... part of trading,,,win or loss..
week wise 0942/51.9 is a R, Week wise, that close Friday was bearish. But its hitting your day support, and the quarter pp at 0878. For a day trader, both of these are very strong. For a scalper extremally strong.. Short R, buy support. The sharks are in the middle. Week wise that close below 0942/51 was momentum.. But it ran into large support,, a Qpp and your day trend..
those who can, do. those who cant, talk about those who can
  • #111,400
  • Aug 15, 2023 8:56am Aug 15, 2023 8:56am
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Q 0877

0951.9
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those who can, do. those who cant, talk about those who can
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