The Swamp | Page 5606 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #112,101
  • Sep 21, 2023 4:03am Sep 21, 2023 4:03am
Back to 0674, after in the 0610 22 area. 0674 R looks to be tested. SOS about Friday.. +-0674. News coming today, more Friday. After the news settles.
LC was + 0749.8. That seems to far to beat. But pa was there less than 24 hs ago. Those supports at 0576 0610 0622 have that potential to reject a few hundred pips. PA earlier was in that area. So I have to think 0674 to be tested. If it holds or not, I dont know. After 600ish pips. A bounce is not uncommon.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 3 KB
those who can, do. those who cant, talk about those who can
  • #112,102
  • Sep 21, 2023 4:22am Sep 21, 2023 4:22am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 5 KB
those who can, do. those who cant, talk about those who can
  • #112,103
  • Sep 21, 2023 4:26am Sep 21, 2023 4:26am
Quoting gatorinla
{image}
No doubt pa is bearish.. A possible sweet spot to short 0676/77.. tiny stop. 0674 may help hold it down for a few pips in trend direction.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 3 KB


Pa has an attraction to 0750. That may be too far today. PA has another attraction to 0676.9.
those who can, do. those who cant, talk about those who can
  • #112,104
  • Sep 21, 2023 4:55am Sep 21, 2023 4:55am
637 will do..
Its all just one persons opinion
  • #112,105
  • Sep 21, 2023 5:07am Sep 21, 2023 5:07am
GBP bank rate in an hour looks to be interesting. 50 / 50 call on an increase.
could be a surprise.
Its all just one persons opinion
  • #112,106
  • Sep 21, 2023 5:21am Sep 21, 2023 5:21am
Quoting axecap
GBP bank rate in an hour looks to be interesting. 50 / 50 call on an increase. could be a surprise.
BoE Interest Rate Decision...Consensus for a rise is not 50 / 50 but 79 / 38 :
BoE MPC Vote Hike 79 (rise to 5.5% from 5.25%)
BoE MPC Vote Unchanged 29
BoE MPC Vote Cut 9
I am who I am
  • #112,107
  • Sep 21, 2023 5:34am Sep 21, 2023 5:34am
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_3388.png Size: 75 KB
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_3389.png Size: 135 KB
  • #112,108
  • Sep 21, 2023 5:42am Sep 21, 2023 5:42am
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_3382.png Size: 579 KB
  • #112,109
  • Sep 21, 2023 5:45am Sep 21, 2023 5:45am
Quoting imwim
{quote} BoE Interest Rate Decision...Consensus for a rise is not 50 / 50 but 79 / 38 : BoE MPC Vote Hike 79 (rise to 5.5% from 5.25%) BoE MPC Vote Unchanged 29 BoE MPC Vote Cut 9
I guess it depends who you ask...
Its all just one persons opinion
  • #112,110
  • Sep 21, 2023 6:01am Sep 21, 2023 6:01am
Quoting axecap
{quote} I guess it depends who you ask...
BOOM
Its all just one persons opinion
  • #112,111
  • Sep 21, 2023 6:04am Sep 21, 2023 6:04am
Quoting axecap
{quote} I guess it depends who you ask...
BoE Interest Rate Decision...real vote...
BoE MPC Vote Hike 49 (rise to 5.5% from 5.25%)
BoE MPC Vote Unchanged 59
BoE MPC Vote Cut 9
I am who I am
  • #112,112
  • Sep 21, 2023 6:51am Sep 21, 2023 6:51am
Quoting Boulder
{image} {image}
Thats a big option. Making a new low (-0617)after closing London above 0749.9 yesterday, would be unusual. Being back below 0974 is already unusual. The larger trend is down. Its trumping day norms.
those who can, do. those who cant, talk about those who can
  • #112,113
  • Sep 21, 2023 6:55am Sep 21, 2023 6:55am
Quoting gatorinla
{quote} Thats a big option. Making a new low (-0617)after closing London above 0749.9 yesterday, would be unusual. Being back below 0974 is already unusual. The larger trend is down. Its trumping day norms.
typo
  • #112,114
  • Sep 21, 2023 6:58am Sep 21, 2023 6:58am
Quoting gatorinla
{quote} Thats a big option. Making a new low (-0617)after closing London above 0749.9 yesterday, would be unusual. Being back below 0974 is already unusual. The larger trend is down. Its trumping day norms.
I am tired of trading today , I just put my EAs on M15 and H1 , let them trade, I manage exits
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_3390.png Size: 106 KB
  • #112,115
  • Sep 21, 2023 7:14am Sep 21, 2023 7:14am
Quoting axecap
DXY hit resistance at 105.692. important level dating back to December 22
DXY heading for another test. might be enough to push EU to 1.06ish
Its all just one persons opinion
  • #112,116
  • Sep 21, 2023 8:20am Sep 21, 2023 8:20am
Quoting Boulder
{quote} I am tired of trading today , I just put my EAs on M15 and H1 , let them trade, I manage exits {image}
Hitting your option and running to 0750 dont look possible. But if it does get some crazy run, after the next hour closes. It may shoot for 0750 the following hour. Doing both is unlikely. The trend being down gets more traction. I dont have a answer.

The trend is down and very bearish. Its into the shadow of large supports. 0576 0610 0622. Those large supports could push it up 230+ pips off 0600/0576. Or pa can break out below 0576.

You option expires the next h in 40 min. The draw to 0750 the h after. If they were closer it had a decent chance for both. 150 pips in 1 h is rare. 150 pips against the trend in 1h unlikely.
those who can, do. those who cant, talk about those who can
  • #112,117
  • Sep 21, 2023 9:26am Sep 21, 2023 9:26am
Quoting Boulder
{quote} I am tired of trading today , I just put my EAs on M15 and H1 , let them trade, I manage exits {image}
0600 option missed. 0676 still a norm holding the "pick me sign". It has 0674 to back it.
those who can, do. those who cant, talk about those who can
  • #112,118
  • Sep 21, 2023 9:53am Sep 21, 2023 9:53am
Quoting gatorinla
{quote} No doubt pa is bearish.. A possible sweet spot to short 0676/77.. tiny stop. 0674 may help hold it down for a few pips in trend direction. {image} Pa has an attraction to 0750. That may be too far today. PA has another attraction to 0676.9.
sorry about the miss..
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 6 KB
those who can, do. those who cant, talk about those who can
  • #112,119
  • Sep 21, 2023 10:34am Sep 21, 2023 10:34am
Quoting gatorinla
{quote} sorry about the miss.. {image}
0676 does have some R value in the same area. 0674/8x. But since pa has gone into that 0622/0576 area already. It can bounce.. It can double bottom there. This is a tricky area here where she may consolidate above support. I hope to see a rise after this 600 pip drop to short R. I may be wrong but looking for 0835 area, to 0942.

A perfect storm could be 1.0608.2. Followed by a rise to 0942. +- a few pips. That could be a very good place to short.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
those who can, do. those who cant, talk about those who can
  • #112,120
  • Sep 21, 2023 8:36pm Sep 21, 2023 8:36pm
The old larger option 1.0600 is in the 1.0576/0610/22 area. The valid higher option 0750 is above adr.
ATM upper adr is at 0715x. It falls deeper. ATM the lower adr is 0593. 0608x could fit back to 0674.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 188 KB
those who can, do. those who cant, talk about those who can
21 traders viewing now