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The Swamp

  • #113,461
  • Nov 29, 2023 11:07am Nov 29, 2023 11:07am
Quoting LoneTrader1
Possible Bull Flag maybe? {image}
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  • #113,462
  • Nov 29, 2023 11:24am Nov 29, 2023 11:24am
Quoting gatorinla
First, pa is bullish. Ok that 0993 number is what it is. At some point 0990 should act as a S or R. If R, it may have problems getting above. The 0993 number being a Q number. Could make this spot a big support, or a big resistance. {image}
Pa is at 0993ish. It is in a bullish trend. Let's see where the day closes. Depending on broker 0990/94. Generically 0990 for bears. Bulls above 0994.
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those who can, do. those who cant, talk about those who can
  • #113,463
  • Nov 29, 2023 11:31am Nov 29, 2023 11:31am
Quoting gatorinla
{quote} Pa is at 0993ish. It is in a bullish trend. Let's see where the day closes. Depending on broker 0990/94. Generically 0990 for bears. Bulls above 0994. {image}
Tentatively if -0990x holds a day/week close. -0862 etc. 0756 has a decent algo. 0706 has another smaller one. 0700 is 2022 close
The last few months trend is bullish, so it would need to follow up with closes. The larger trend since 2008 is down.
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those who can, do. those who cant, talk about those who can
  • #113,464
  • Nov 29, 2023 11:41am Nov 29, 2023 11:41am
This is an area of interest atm, maybe longer. 0990
Quoting gatorinla
{quote}Tentatively if -0990x holds a day/week close. -0862 etc. 0756 has a decent algo. 0706 has another smaller one. 0700 is 2022 close The last few months trend is bullish, so it would need to follow up with closes. The larger trend since 2008 is down. {image}
Quoting gatorinla
{quote} This may develop for either side later. It's a decent size one using quarters. It it mostly a soft area. But eventually pa may be influenced to one side of 1.0993.4. Volume based, there is no central volume.Take it with a few grains of salt {image}
Quoting gatorinla
Use this area to enhance things you already use. It alone may not be a good decision maker. Limitations of the Point of Control (PoC) Lagging Indicator: PoC is a lagging indicator, meaning it is based on historical data and does not provide predictive information about future price movements. Limited to Volume Profile Indicator: As PoC is a component within the Volume Profile indicator, its usefulness depends on the effectiveness of the Volume Profile in a trader’s specific market and time frame. Requires Additional Technical Analysis: PoC should...
Quoting gatorinla
{quote} Here is a better description than I can write. " the Point of Control Interpretation of the Point of Control (PoC)The PoC represents the price level at which most trading activity has occurred, indicating the highest liquidity and traded volume. It is often depicted as a horizontal line on a volume profile and can be used to identify the overall market trend and potential reversals." https://trendspider.com/learning-cen...al%20reversals....
Quoting gatorinla
Taken with a grain of salt. Of these 9 brokers. 8 dont have enough info for a quarter volume signal. Only Eightcap generates a quarter level. Is is correct? I dont know. 1.0993.4 is what's shown Use you own trading methods to see if things change over time. Most of you show things trending bullish. This does not change what your eyes are showing. But it has potential {image}
those who can, do. those who cant, talk about those who can
  • #113,465
  • Nov 29, 2023 11:56am Nov 29, 2023 11:56am
Adding to Long 0981
  • #113,466
  • Edited 12:39pm Nov 29, 2023 12:28pm | Edited 12:39pm
if today manages to close below 0972/74. There may be a possible long 0925x/0915. It is backed with some possible support 0908x/15. But pa needs to return above 0925 with closes. 12h setup.
I doubt it will close today below 0950 for a day setup.
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those who can, do. those who cant, talk about those who can
  • #113,467
  • Nov 29, 2023 12:36pm Nov 29, 2023 12:36pm
I had a good trade in DIA ETF and Dow futures. I'm done with equities for now. Back to EURUSD
  • #113,468
  • Nov 29, 2023 12:38pm Nov 29, 2023 12:38pm
Quoting FT.Trader
I had a good trade in DIA ETF and Dow futures. I'm done with equities for now. Back to EURUSD
EURUSd will close above 5 Day SMA again 4th day in a row. I see no reason to be bearish at this time.
  • #113,469
  • Nov 29, 2023 12:59pm Nov 29, 2023 12:59pm
Quoting FT.Trader
{quote} EURUSd will close above 5 Day SMA again 4th day in a row. I see no reason to be bearish at this time.
What sma? 3?
those who can, do. those who cant, talk about those who can
  • #113,470
  • Nov 29, 2023 1:31pm Nov 29, 2023 1:31pm
Quoting gatorinla
{quote} What sma? 3?
5 day SMA is the one that I use.
  • #113,471
  • Nov 29, 2023 1:38pm Nov 29, 2023 1:38pm
Quoting FT.Trader
{quote} 5 day SMA is the one that I use.
not familiar with the setting. You set your day to 5 day, I assume. Is there a sma setting? For example 5sma
those who can, do. those who cant, talk about those who can
  • #113,472
  • Nov 29, 2023 5:02pm Nov 29, 2023 5:02pm
Quoting gatorinla
{quote} not familiar with the setting. You set your day to 5 day, I assume. Is there a sma setting? For example 5sma
Yes 5sma. I learned that one from Linda Rashke. It's what she uses for an extended run. She's got a video on YouTube covering it. Last year I subscribed to Trader's Highway which is a live squok box with Linda's husband Damon Pavlotos and Linda's assistant Kyle. They were alawys on the lookout for an extended run off of the 5sma.

The reason I exited when I did is she has a thing she calls the wackamole. It's at the end of the move the market will beak the 5sma and then recover and then break for good. That's why I folded after 2 daily closes days above the 5sma . A good one can last up to 21 days with a few break and recovers.
  • #113,473
  • Nov 29, 2023 5:54pm Nov 29, 2023 5:54pm
long term daily with the 1597ema
yes it's a fib #
right on the money last summer
looks like it worked a couple other times in the past
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  • #113,474
  • Nov 29, 2023 6:18pm Nov 29, 2023 6:18pm
Quoting gatorinla
{quote} not familiar with the setting. You set your day to 5 day, I assume. Is there a sma setting? For example 5sma
5sma on the close
it's the one straight out of the box
  • #113,475
  • Nov 29, 2023 6:28pm Nov 29, 2023 6:28pm
Linda Rashke extended run 46:24 with 5sma
Inserted Video
  • #113,476
  • Nov 29, 2023 8:28pm Nov 29, 2023 8:28pm
Quoting LoneTrader1
{quote} {image}
Out at B.E
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  • #113,477
  • Nov 29, 2023 10:01pm Nov 29, 2023 10:01pm
Quoting LoneTrader1
{quote} Out at B.E {image}
In again with tight Stop
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  • #113,478
  • Nov 29, 2023 10:58pm Nov 29, 2023 10:58pm
Quoting LoneTrader1
{quote} In again with tight Stop {image}
Closed some, SL covered. Risk free trade now.
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  • #113,479
  • Nov 30, 2023 12:37am Nov 30, 2023 12:37am
Quoting gatorinla
{quote} 200 week ema it stopped there twice lately . {image}
thank you. Is there any reason for 200? I’m thinking that’s 4 years - holidays.
You have an IQ lower than 90 if you interact with this user.
  • #113,480
  • Nov 30, 2023 12:52am Nov 30, 2023 12:52am
Quoting Ferna
adding little more shorts
didn’t add more. Locked in the profits.
a bit fascinated that UJ is at a standstill, maybe it got defended.
You have an IQ lower than 90 if you interact with this user.
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