The Swamp | Page 5834 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #116,661
  • Apr 19, 2024 5:25am Apr 19, 2024 5:25am
Quoting gatorinla
use you personal time frame close to figure a b/o, or rejection. {image}
I have 0664 as R so I got S 0661 sl 0669. Locked in BE + a couple I aam thinking yesterday when it touched 6990 might of been enough
  • #116,662
  • Apr 19, 2024 5:27am Apr 19, 2024 5:27am
Quoting supertubes
{quote} I have 0664 as R so I got S 0661 sl 0669. Locked in BE + a couple I aam thinking yesterday when it touched 6990 might of been enough
If I am wrong and it wants 0695 or 0724 it's costing me nothing to find out now....
  • #116,663
  • Apr 19, 2024 5:47am Apr 19, 2024 5:47am
Quoting supertubes
{quote} I have 0664 as R so I got S 0661 sl 0669. Locked in BE + a couple I aam thinking yesterday when it touched 6990 might of been enough
0639 may work the same with wishy washy pa. The red is a range. The blue is a range. the larger is blue. breaking 0639 (blue) with closes may be a stronger push to test its low area near 0610. pa is below last months range and last q range. bears should win most ties.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB
those who can, do. those who cant, talk about those who can
  • #116,664
  • Apr 19, 2024 7:15am Apr 19, 2024 7:15am
May 1.066x-1.067x provide a value area for selling.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-04-19_08-08-29.png Size: 38 KB
  • #116,665
  • Apr 19, 2024 7:23am Apr 19, 2024 7:23am
Quoting Fadhl
May 1.066x-1.067x provide a value area for selling. {image}
0664 is the magic number ..
  • #116,666
  • Apr 19, 2024 8:25am Apr 19, 2024 8:25am
Quoting gatorinla
{quote} If not 0653. It may be 0694/0724 {image}
The 4h closed above 0659. ADR was satisfied. I will not be surprised to see another run back to 0653 in the next 1.5 hs.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB
those who can, do. those who cant, talk about those who can
  • #116,667
  • Apr 19, 2024 9:08am Apr 19, 2024 9:08am
I left a pending at 0724.. Some R is above at 0729.. Just in case.. Week pp at 0714.. B/o 0694.5.. I may not be around
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 8 KB
those who can, do. those who cant, talk about those who can
  • #116,668
  • Apr 19, 2024 9:24am Apr 19, 2024 9:24am
Quoting gatorinla
I left a pending at 0724.. Some R is above at 0729.. Just in case.. Week pp at 0714.. B/o 0694.5.. I may not be around {image}
I should just watch 0694x.. But with pendings and not around.. You gotta let it do it on its own.. Second choice near 0768 for blind pendings.. ..
those who can, do. those who cant, talk about those who can
  • #116,669
  • Apr 19, 2024 9:29am Apr 19, 2024 9:29am
London has closed the last 3 days higher each day. Earlier pa made a higher low.
those who can, do. those who cant, talk about those who can
  • #116,670
  • Apr 19, 2024 10:19am Apr 19, 2024 10:19am
I know the trend is down. PA often retest the b/o point. ATM there's a HL. PA is above a older (1) high mark. It was pushed back below it. But it now has come back above to close a 6h candle. Just something to be mindful of. Its bearish and should fall. It may still test R. Since it has 5 in a row higher LC closes.. Just something to be mindful about. It may want to test the b/o area. That could be 0694/075x
0664 may support..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
Click to Enlarge Name: screenshot.png Size: 10 KB
those who can, do. those who cant, talk about those who can
  • #116,671
  • Apr 19, 2024 10:29am Apr 19, 2024 10:29am
std later.
Inserted Video
those who can, do. those who cant, talk about those who can
  • #116,672
  • Apr 19, 2024 11:00am Apr 19, 2024 11:00am
Quoting gatorinla
I know the trend is down. PA often retest the b/o point. ATM there's a HL. PA is above a older (1) high mark. It was pushed back below it. But it now has come back above to close a 6h candle. Just something to be mindful of. Its bearish and should fall. It may still test R. Since it has 5 in a row higher LC closes.. Just something to be mindful about. It may want to test the b/o area. That could be 0694/075x 0664 may support.. {image} {image}
I think now 664 is gone again we go lower.
  • #116,673
  • Apr 19, 2024 1:29pm Apr 19, 2024 1:29pm
Quoting Fadhl
May 1.066x-1.067x provide a value area for selling. {image}
PA moved as anticipated and closes below TL. It will be bearish is Week closes below 1.062x
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-04-19_14-26-04.png Size: 35 KB
  • #116,674
  • Apr 20, 2024 7:23am Apr 20, 2024 7:23am
Quoting supertubes
{quote} I think now 664 is gone again we go lower.
You are probably right. It did miss 0694.5, it came as close as 0690. I will not right off 0694, or 0768 yet. Since there were 5 days in a row of HH on LC. PA is above 0610 and 0616. I do think -0610/16 should of been taken out on Friday's close. It bothers me pa didnt make a LL below 0610 that last attempt. I see the rest about "it should drop." I do think it is bearish. I also think it can reach for 0694.5/0750s/68ish again before falling to -0.05. It would not change the direction of the trend to rise a little more first. But like many posted about 0664. PA is below it. But pa is also above 0616 and 0610 atm.
those who can, do. those who cant, talk about those who can
  • #116,675
  • Apr 20, 2024 7:57am Apr 20, 2024 7:57am
Quoting gatorinla
{quote} You are probably right. It did miss 0694.5, it came as close as 0690. I will not right off 0694, or 0768 yet. Since there were 5 days in a row of HH on LC. PA is above 0610 and 0616. I do think -0610/16 should of been taken out on Friday's close. It bothers me pa didnt make a LL below 0610 that last attempt. I see the rest about "it should drop." I do think it is bearish. I also think it can reach for 0694.5/0750s/68ish again before falling to -0.05. It would not change the direction of the trend to rise a little more first. But like many...
The 0.9535 low to bounce high 1.1275 after. 1.0610 is a 38.2% retrace. I figured even if bearish. It may bounce back to 0694 b/o point. Or the 0699 algo, or 0768 larger algo. Anyway between the 23.6 and 38.6 is 30.9. 1.07377 give or take a few dozen was what I was thinking. It is within the others. It may not be right, but pa usually bounces back to the b/o point.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
those who can, do. those who cant, talk about those who can
  • #116,676
  • Apr 20, 2024 8:05am Apr 20, 2024 8:05am
Anyway here on a week chart. You can see the breakout north green candle. The earlier wicks that never closed above were false breaks. The drop to 0610 was a return to a bullish b/o point.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
those who can, do. those who cant, talk about those who can
  • #116,677
  • Apr 20, 2024 8:18am Apr 20, 2024 8:18am
Quoting gatorinla
Anyway here on a week chart. You can see the breakout north green candle. The earlier wicks that never closed above were false breaks. The drop to 0610 was a return to a bullish b/o point. {image}
Still on a week candle you can see the b/o 2 weeks ago. It so far has landed back at the breakout point bulls used to rise. Last week did not overtake it back. The post I see, may turn out to be correct. But there is also a larger picture. If this is just a retest of a previous b/o. Pa could run North. You can see these millions of times on all timeframes. Price will often return to the scene of the crime. It can turn, and continue on. That's why I would have rathered a close below 0610. The HL bounced from 1.0610. Just something to note. Since the low 060x. All LC are higher. Pa may need to build a wedge to break 1.0610. Or pa may just want to rise.

That large red b/o South candle should be followed with another in a strong move. Last week printed a green follow up candle. I'm not saying it will not break down. It may be sideways first. It can still run back to 0768/0694. 0737 is between the fibs.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
those who can, do. those who cant, talk about those who can
  • #116,678
  • Apr 20, 2024 8:37am Apr 20, 2024 8:37am
0694.5 is the Q b/o point. On the 12h you can see pa not wanting to close below 0737. 0737 could be a place b/o return. Note The gold arrow at 0610 and the lack of closes below 0610.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 20 KB
those who can, do. those who cant, talk about those who can
  • #116,679
  • Edited 7:59pm Apr 20, 2024 8:59am | Edited 7:59pm
PA may need to run into the 0737 area. 0694 is a larger Q. Going above 0694 is still in the scope. The trend being down gives a disadvantage to post counter moves. So take that in your thoughts. It's not intended to promote a long. One can see 0610 and make up their own mind. Above 0610 is 1.0638.9. It has signs of a light support. A better short may be found nearer 0737 area. Granted the t/l and some late R would need to fail to reach 0694/0768 area. Those purple lines have light R value.. BOR is break out return.
I think a 4h close below 0724 would be bearish if it went closer to the 0737 area.
6h 0743
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 22 KB
Click to Enlarge Name: screenshot.png Size: 23 KB
those who can, do. those who cant, talk about those who can
  • #116,680
  • Apr 20, 2024 8:19pm Apr 20, 2024 8:19pm
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB

I'm just looking for clues at the scene of the crime.
Inserted Video
those who can, do. those who cant, talk about those who can
33 traders viewing now