The Swamp | Page 5630 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #112,581
  • Oct 17, 2023 6:38am Oct 17, 2023 6:38am
0495 week untouched. 0532 held. 0545 may form st support
The st risk to longs looks like -0532
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
  • #112,582
  • Oct 17, 2023 7:50am Oct 17, 2023 7:50am
Quoting Ferna
looks like i’m wrong in the short term, could go up about 40 pips?
It should try to close above 0603 or 0605 depending on broker. The bulls need to beat for day close. Or the R 0603/05 will halt it. The other R is the larger 0610. But just touching 0615+ is positive for bulls. But the closes above 0603/08 and 0610 are needed too. If so pa, can test 8h 0651 and/or 12h 0698. But is pa finds itself below 0532, all bets are off. I did expect it to run to 0603 today, but that news was too strong against it. It still may be too strong. Closing today above 0503/05 digest it.
Tomorrow is a different day.. Some numbers will change. If it cant make 0603/05, something else will develop
those who can, do. those who cant, talk about those who can
  • #112,583
  • Oct 17, 2023 8:06am Oct 17, 2023 8:06am
Until it makes a hh today. I left a pending L at 0563 with a tight stop.
those who can, do. those who cant, talk about those who can
  • #112,584
  • Oct 17, 2023 8:16am Oct 17, 2023 8:16am
Quoting gatorinla
There is a war going on that may help the USD. The trend it down. Keep this in mind. PA is not bullish. This seems to be consensus. Friday markets knew about the war. But Friday pa had the chance to take 0484. PA did not. Monday PA will have a shot at last week's low 0495x. If it does not Monday. 1 adr is about 71 pips. Using 0494+47 can bring pa to 0566 Monday. If the same 0495 held the week, a week average is 159 pips. 0495+159 is 065x ish. I used 0495 if next weeks low is higher that can be added. 0495 is near many brokers Friday close. 10/12...
0532 on a smaller scale may be like 0495 above. Entire post is not included but relevant. To understand, reading all is needed. What we think the eu should do. With the good usd news was to drop. Just like the war did last week. Each time the eu bulls came, after the dust settled. Proven what most think is wrong.

What you think, or I think has nothing to do with trading. So please dont tell us what you think. Please dont make a statement, "it will do something without the option of it doing something else." What is it doing, ir more important than anyones thoughts.
those who can, do. those who cant, talk about those who can
  • #112,585
  • Oct 17, 2023 9:03am Oct 17, 2023 9:03am
Quoting gatorinla
{quote} 0532 on a smaller scale may be like 0495 above. Entire post is not included but relevant. To understand, reading all is needed. What we think the eu should do. With the good usd news was to drop. Just like the war did last week. Each time the eu bulls came, after the dust settled. Proven what most think is wrong. What you think, or I think has nothing to do with trading. So please dont tell us what you think. Please dont make a statement, "it will do something without the option of it doing something else." What is it doing, ir more important...
Relating the breaking of the market code, "math is everywhere"...
Inserted Video
I am who I am
  • #112,586
  • Oct 17, 2023 12:49pm Oct 17, 2023 12:49pm
Nice Trading day..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2023-10-17 154835.png Size: 6 KB
  • #112,587
  • Oct 18, 2023 1:30am Oct 18, 2023 1:30am
Yesterday bulls did not meet or break 0603 or 0605. 0616 came down to 0610. 0610 is still a decent large R But its 'large close sensitive.; The same Support over the weekend at 0495 is not touched. The next 12h closing +575, would favor testing near the little 0590 double top. But it also can make it like 0495. If the 12h closes below 0574, pa has a better chance of a fall. ADR high to low on a day is about 70 pips.
If it does run North, week average is about 0662. Lots of R 065x. South wise, it built some supports. The trend is down. 0532 not large, maybe stout. Nothing very strong to stop a fall. A good R to ride a fall may be better. This week 065x/6x if it made it there has some decent dynamic R. Earlier bulls did not make a day close above 0603/05/10. So if this hour cant close above 0575. That is not looking good for a rise. Ur at least without some retrace.
those who can, do. those who cant, talk about those who can
  • #112,588
  • Oct 18, 2023 1:41am Oct 18, 2023 1:41am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 4 KB

Holding above 0575 dont guarantee a break North. The old 0603/0510 is still gonna try to stop it.
those who can, do. those who cant, talk about those who can
  • #112,589
  • Oct 18, 2023 2:09am Oct 18, 2023 2:09am
Ok bulls, you did it. Now can you take 1.0603, 0606.7, and close some space above 0610. Because if you slip back below 0574, with closes. It may be hard to recover.

Take 0606.7 + . I got a short 0606. stop a little above 0607 on a raw account. cancel at close
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 2 KB
those who can, do. those who cant, talk about those who can
  • #112,590
  • Oct 18, 2023 2:12am Oct 18, 2023 2:12am
feels like its turning
Its all just one persons opinion
  • #112,591
  • Oct 18, 2023 2:29am Oct 18, 2023 2:29am
That 0574/75 may be a buy spot. see chart
those who can, do. those who cant, talk about those who can
  • #112,592
  • Oct 18, 2023 3:23am Oct 18, 2023 3:23am
I curse when a stop gets hit. That's just human nature. A stop is to protect my account. So I dont mind. Slipping below 0574 is not good for a long. Lets see if it can recover near 0532 since the 12h did close above 0575.The trend is down. So counter trend has more risk. I'm scalping, so my stop should of been moved to +.That was my fault.
ADR would be about 0522.
Doing some reverse engineering on 0532. + adr is about 70 pis, 0602. Near the 0603 mark.
I do this because the 12h did close above 0575. I did leave the short below 0606.7
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 1 KB
those who can, do. those who cant, talk about those who can
  • #112,593
  • Oct 18, 2023 3:42am Oct 18, 2023 3:42am
I’m still short the market but long oil.
amazing thug of war between dxy and oil.

Any oil experts wanna give more insight?
You have an IQ lower than 90 if you interact with this user.
  • #112,594
  • Oct 18, 2023 5:26am Oct 18, 2023 5:26am
Quoting gatorinla
I curse when a stop gets hit. That's just human nature. A stop is to protect my account. So I dont mind. Slipping below 0574 is not good for a long. Lets see if it can recover near 0532 since the 12h did close above 0575.The trend is down. So counter trend has more risk. I'm scalping, so my stop should of been moved to +.That was my fault. ADR would be about 0522. Doing some reverse engineering on 0532. + adr is about 70 pis, 0602. Near the 0603 mark. I do this because the 12h did close above 0575. I did leave the short below 0606.7 {image}
Back to 0574?
The 12h earlier closed it bullish. But??
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 4 KB
those who can, do. those who cant, talk about those who can
  • #112,595
  • Oct 18, 2023 5:48am Oct 18, 2023 5:48am
pivoting around 0574 so far. It may come back to 0574
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
  • #112,596
  • Oct 18, 2023 6:00am Oct 18, 2023 6:00am
Quoting gatorinla
pivoting around 0574 so far. It may come back to 0574 {image}
Should go give me my 0440. I'll jump out if I see 0500. That would be over 60 pips profit for me.
  • #112,597
  • Oct 18, 2023 6:06am Oct 18, 2023 6:06am
Quoting gatorinla
Ok bulls, you did it. Now can you take 1.0603, 0606.7, and close some space above 0610. Because if you slip back below 0574, with closes. It may be hard to recover. Take 0606.7 + . I got a short 0606. stop a little above 0607 on a raw account. cancel at close {image}
Battles won, battles loss. The day is larger. A lot of large players are here. It may not look like it. Sides are sizing each other up. 0406 or 0861 ish will come.
those who can, do. those who cant, talk about those who can
  • #112,598
  • Oct 18, 2023 6:18am Oct 18, 2023 6:18am
Quoting Mitiblotch
{quote} Should go give me my 0440. I'll jump out if I see 0500. That would be over 60 pips profit for me.
I dont know. I just see if its meeting goals. There is a algo at 0765. That's still 100 pips from 0861. The year close at 0700. I dont know what will win. The attraction to 0406 looked like a done deal. Even before the Israel events. Since then, it dont look to be able to get there. It seems like the war would make it easier. But its heading the other direction. At last year's low, the mirror image setup. Has been the same as this years low. That took place the same day 1 year apart. The bounce last year was large. This one can be large too.
those who can, do. those who cant, talk about those who can
  • #112,599
  • Oct 18, 2023 6:28am Oct 18, 2023 6:28am
Quoting gatorinla
{quote} I dont know. I just see if its meeting goals. There is a algo at 0765. That's still 100 pips from 0861. The year close at 0700. I dont know what will win. The attraction to 0406 looked like a done deal. Even before the Israel events. Since then, it dont look to be able to get there. It seems like the war would make it easier. But its heading the other direction. At last year's low, the mirror image setup. Has been the same as this years low. That took place the same day 1 year apart. The bounce last year was large. This one can be large...
Since the Israel weekend event. PA has not made a LL. It had the chance last week. It refused too.

The U.S is moving 2 carries to the M.E. The USD is doing little, or nothing. A lot of good U.S. news the past few weeks. Yet the EU is not making LL. This, and why I have nipples puzzles me.
those who can, do. those who cant, talk about those who can
  • #112,600
  • Oct 18, 2023 7:51am Oct 18, 2023 7:51am
Quoting gatorinla
I curse when a stop gets hit. That's just human nature. A stop is to protect my account. So I dont mind. Slipping below 0574 is not good for a long. Lets see if it can recover near 0532 since the 12h did close above 0575.The trend is down. So counter trend has more risk. I'm scalping, so my stop should of been moved to +.That was my fault. ADR would be about 0522. Doing some reverse engineering on 0532. + adr is about 70 pis, 0602. Near the 0603 mark. I do this because the 12h did close above 0575. I did leave the short below 0606.7 {image}
It made a LL so i closed it. I may regret if it now goes to 1.060x
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: < 1 KB
those who can, do. those who cant, talk about those who can
61 traders viewing now, 1 is registered:
sidhgenius