The Swamp | Page 5614 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #112,261
  • Sep 28, 2023 9:48pm Sep 28, 2023 9:48pm
i love eurnzd short...i am currently short for full disclosure ...first big support is at 1.7247. GOod luck with your trades.
  • #112,262
  • Sep 28, 2023 10:42pm Sep 28, 2023 10:42pm
Quoting ninner
i love eurnzd short...i am currently short for full disclosure ...first big support is at 1.7247. GOod luck with your trades.
Yes...I have 1.7531 as significant for at least a reasonable bounce. Ive been short since break of trend line at 1.8001. i will close at 1.7531.
the next 12 hours could be a bit wild
Its all just one persons opinion
  • #112,263
  • Sep 28, 2023 10:47pm Sep 28, 2023 10:47pm
Quoting axecap
{quote} Yes...I have 1.7531 as significant for at least a reasonable bounce. Ive been short since break of trend line at 1.8001. i will close at 1.7531. the next 12 hours could be a bit wild
1.7590 is MA200 (daily) so will take some there
Its all just one persons opinion
  • #112,264
  • Sep 28, 2023 11:34pm Sep 28, 2023 11:34pm
Went short usdcad broke out and retest a reverse triangle on daily a lot of overhead supply in the 1.35 area that will be tough to work through
  • #112,265
  • Sep 29, 2023 1:00am Sep 29, 2023 1:00am
Quoting gatorinla
A touch of 0602 can allow a further rise. Those mentioned can resist. Not all support after..
It hit 0602... That removed some of the downtrend strength. 1.0639/43 depending on broker looks like a good place to close the week above (candle 11). A possible retrace to 0565/76 may be a long. If it does retrace to 0576/65 now. That's not a sure thing.
0563 was LC
those who can, do. those who cant, talk about those who can
  • #112,266
  • Sep 29, 2023 1:17am Sep 29, 2023 1:17am
The 062x short I had pending is voided now. That was dynamic for Thursday. Since pa has reached 0602 today. The odds for a+0639/43 close today has risen. PA is closer to 0676, that missed norm associated with the 0494 target. PA is closer to 0700, the 2023 close. I can't say it will retrace to 0562/65/76. That can be support enough to continue to 0639/43 today to close. 0565/76 may be too far to drop. That 11 week candle went to 0488. It may be hell bent on reaching 0643+ to close
those who can, do. those who cant, talk about those who can
  • #112,267
  • Sep 29, 2023 1:46am Sep 29, 2023 1:46am
Quoting gatorinla
Today only, price near 0629 may be a short. (void at 0630) This week only, price close to 0455 may be a long. If it touches either the trade is void. Close to either without touching. PA over the last 10 weeks has 10 red candles. This is rare. 7 same colored candles in a row is rare. The trend is very bearish. Tf one wants to take a calculated risk on a long. With a stop at 0454. A long near 0455, may be a decent one. The tp will be under 0629. 0576 may be a decent tp. Next week 0455 will likely be higher. Several brokers have...
This was for Thursday only. It no longer works for this setup.
PA has a greater chance to reach 0639 or 0643. I have 2 numbers from several brokers. Most broker close a little early on Friday. 0643 comes from those several early close brokers. 0639 is from 1 broker that closes, near the exact hour close. That's why I posted both.
those who can, do. those who cant, talk about those who can
  • #112,268
  • Sep 29, 2023 2:16am Sep 29, 2023 2:16am
I dont think today is a average day.. 0618 is average on the day (if it continues up). 0648 is an average week, (if it continues up)
those who can, do. those who cant, talk about those who can
  • #112,269
  • Sep 29, 2023 2:56am Sep 29, 2023 2:56am
Quoting Boulder
9/29 Friday Trading levels 1.0630 1.0596 1.0576 1.0542 - PP 1.0508 1.0487 1.0453 1.0576 printed. next print 1.0542 or 1.0596
I think your 4h 0624 will flip to bull. Because of the 11 candle close. The 6h at 0651, is above 0643/39. The week range at 0648. PA could end up closing today between 0639, and 0651. If the close is below 0651 it could drop. One of my day trends went bullish, on the touch of 0602.
Above the 6h: the 8h at 0682, 12h 0726, day 0842.
Since that day turned bull at 0602. PA may reach for 0676, 0700. I have yellow close R at 0674. The 6h or 8h could reject back to downtrend. In the 0674/0700 area that may make sense. Because today being a quarter close. Closing below 0700 is usually a good path for 600+ pips lower. The 6h or 8h could prevent 0700 from being reached. The missed Norm at 0676 is looking decent.

Did i mention the debt crap. It happens/starts tomorrow. That may/should weaken the usd at the bounce high. So it may extend, or drop slower. Maybe range 0576/0700
those who can, do. those who cant, talk about those who can
  • #112,270
  • Sep 29, 2023 3:55am Sep 29, 2023 3:55am
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_3424.png Size: 69 KB
  • #112,271
  • Sep 29, 2023 6:35am Sep 29, 2023 6:35am
light support 0585
those who can, do. those who cant, talk about those who can
  • #112,272
  • Sep 29, 2023 7:21am Sep 29, 2023 7:21am
Buy LMT at 1.0554.
  • #112,273
  • Sep 29, 2023 7:31am Sep 29, 2023 7:31am
Shame ... looks like 1.064 weekly close may be beyond us at this point as we touch 38% retracement of reversal.. unless US government issues on Saturday skew prices on Sunday open as stated by gatorinla. We go to week 12 .. surely not another bear week to start October ! ... Good weekend to all.

Buck
  • #112,274
  • Sep 29, 2023 8:57am Sep 29, 2023 8:57am
Quoting bucko23
Shame ... looks like 1.064 weekly close may be beyond us at this point as we touch 38% retracement of reversal.. unless US government issues on Saturday skew prices on Sunday open as stated by gatorinla. We go to week 12 .. surely not another bear week to start October ! ... Good weekend to all. Buck
The fat lady didnt sing just yet. The trend being down. I will use this to collect some shorts. I think it may range. LC did close above 0576. Meaning the London bears didnt cover ypp. It went up in the US, Asian, and London session Thursday. London and Asia closed higher than Thursday today. 5hs to go. With a shutdown in about 35 hrs
those who can, do. those who cant, talk about those who can
  • #112,275
  • Sep 29, 2023 11:52am Sep 29, 2023 11:52am
Quoting gatorinla
{quote} The fat lady didnt sing just yet. The trend being down. I will use this to collect some shorts. I think it may range. LC did close above 0576. Meaning the London bears didnt cover ypp. It went up in the US, Asian, and London session Thursday. London and Asia closed higher than Thursday today. 5hs to go. With a shutdown in about 35 hrs
She looks to have lost her train of thought. Cheese cake can have that effect.
Wherever today closes below 064x is another red candle. Number 12 next week, may close above today's close. With 2hs to go. Its dont appear to want 064x.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 94 KB
those who can, do. those who cant, talk about those who can
  • #112,276
  • Sep 29, 2023 12:08pm Sep 29, 2023 12:08pm
Quoting gatorinla
{quote} She looks to have lost her train of thought. Cheese cake can have that effect. Wherever today closes below 064x is another red candle. Number 12 next week, may close above today's close. With 2hs to go. Its dont appear to want 064x. {image}
Number 12 next week, may close above today's close and also be a red candle if next week opens with an up gap due to gov shutdown...
I am who I am
  • #112,277
  • Edited 1:59pm Sep 29, 2023 1:01pm | Edited 1:59pm
Not what was hoping for today, perhaps losing her thought of train .. oops train of thought ,but still heavily long to 1.07 region. I'd like the inverted bullish hammer candle close on daily. Often quite reliable signal if at bottom of down trend for continuation up.

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: Eur inverted hammer.png Size: 20 KB
  • #112,278
  • Sep 30, 2023 3:56am Sep 30, 2023 3:56am
Quoting gatorinla
That Sunday number can be a support zone along with 0576...I think it will be close to 0565/76. I will not know until Sunday open. No calculation until it opens. Pa will be unable to fall without it touched. Close to it is tradable as a long
The Quarter close yesterday was below yearly pp 0576 and the 2023 close. That is a indication of more large bears to come. Taking out last week's low is probably very very bearish. There will be a a dynamic number on the open October 1. I speculate it will be very near Fridays close. Once below it, would have it sight on the low. PA is near the edge of a large fall. That Sunday number would also be a support. If it's not touched, price may be stuck. Momentum and trend looks to favor the fall. It may gap below that number. I dont know its location atm. I think above 0550. But i dont know. Week wise now is 11 red candles. Anything over 7 is well above normal. All it means is, the next week's candle close. Gets rarer below this week's close. The number Sunday may be supportive above it, until touched. The open may be very close to that number. It may gap the open below it. It may gap the open above 0576 ypp.
Friday did close below 0700 and 0576 in a downtrend. That is very bearish. Friday also took out 0602 before. Very unusual to take a day R trend before. That makes a new low important because of 0602 broken. On face value, the trend and the closes look very bearish. 12 candles, the break of 0602, and the new unknown support Sunday give me some caution. PA is on the edge of another leg down. At the same time, it made some contradictory moves. The gate was open, PA could of taken 045x last week. It was probably just delayed. That delay made the floor rise to a higher trajectory. It's around/above (my guess) 0560ish. Bears need to touch it. It's a rising trajectory.
those who can, do. those who cant, talk about those who can
  • #112,279
  • Sep 30, 2023 4:42am Sep 30, 2023 4:42am
Quoting Ferna
hey anyone from U.S ever heard of this Senator? Was some debate yesterday that noone in California knew who she were. https://www.youtube.com/watch?v=xa3re1M7644
Only a little informed person in California, didnt know who she was. The debate was probably morons, debating morons. Whoever was in that debate is not a good source.
those who can, do. those who cant, talk about those who can
  • #112,280
  • Sep 30, 2023 10:20pm Sep 30, 2023 10:20pm
Biden : I just signed a law to keep the government open for 47 days. There’s plenty of time to pass Government funding bills for the next fiscal year, and I strongly urge Congress to get to work right away. The American people expect their government to work. Let’s make sure it does...
I am who I am
17 traders viewing now