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The Swamp

  • #116,861
  • Apr 29, 2024 5:05am Apr 29, 2024 5:05am
Today's Support & Resistance on MT5 Templates

EURO
CABLE
GOLD

https://www.forexfactory.com/thread/...0#post14848770
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #116,862
  • Apr 29, 2024 5:07am Apr 29, 2024 5:07am
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those who can, do. those who cant, talk about those who can
  • #116,863
  • Apr 29, 2024 5:10am Apr 29, 2024 5:10am
Quoting gatorinla
{image} {image}
I rather 0768 after the month closed -0965. As one last spike.
those who can, do. those who cant, talk about those who can
  • #116,864
  • Apr 29, 2024 5:14am Apr 29, 2024 5:14am
Quoting gatorinla
PA looks like its attracted to 0767/68. It is a smaller attraction than 0695 was. There is no denying 0695 did not stop it, after reaching. The slip should of ended. PA is above it and 07002 with a 12h close. 0756 should resist it, if runs there. If it dont resist, that's just the algo attraction power. I lost 5 pips this week.. I can sit and see how things settle. Things are funny, meaning not normal. The midpoint 0768/0695 is about 0731. It looks like pa is being pulled day wise to 0680, or the algo at 0768. I can wait. {image}
I'm Short from earlier this morning at 0723 initial target was 0659 but this last hour bounce worries me hence Stop at 0737 now
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #116,865
  • Apr 29, 2024 5:36am Apr 29, 2024 5:36am
Quoting Avir
{quote} I'm Short from earlier this morning at 0723 initial target was 0659 but this last hour bounce worries me hence Stop at 0737 now
If it had not been above 0680. I would of bought. I almost bought it anyway. I could of just placed a b.e. now. I debated with myself and figured its months end and opted out.
those who can, do. those who cant, talk about those who can
  • #116,866
  • Apr 29, 2024 5:49am Apr 29, 2024 5:49am
Quoting gatorinla
{quote} If it had not been above 0680. I would of bought. I almost bought it anyway. I could of just placed a b.e. now. I debated with myself and figured its months end and opted out.
You are right, it just month End,, and it ends on Tuesday, MoFu's will play it today instead I guess , they probably going to end the month just below 0784 to have a red candle and shake all the retail traders
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FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #116,867
  • Apr 29, 2024 5:55am Apr 29, 2024 5:55am
That 0680 seems to be very strong and not allowing any closes below it. I think there is some big option sitting at 0750. Wondering if they want to spike to it. However, Friday's low doesn't seem like the end of it to me. It's in the middle of nowhere now.
  • #116,868
  • Apr 29, 2024 6:03am Apr 29, 2024 6:03am
Quoting Mitiblotch
That 0680 seems to be very strong and not allowing any closes below it. I think there is some big option sitting at 0750. Wondering if they want to spike to it. However, Friday's low doesn't seem like the end of it to me. It's in the middle of nowhere now.
Yeah agree, Friday's close was in the middle of nowhere also this bounce during London is right off 200 EMA on hourly, so I am guessing we should break below that 200EMA when the fat fingers come to work in New York
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FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #116,869
  • Apr 29, 2024 6:06am Apr 29, 2024 6:06am
Quoting gatorinla
{quote} Bears need to take 0678 on close today. If not it may bounce, before taking 1.0576 in the future. PA went to the midpoint and retreated. Since that retreat pa is still above the 1/4 mark at 0652 On week trends like 0678.. It most often fails. To get the close the first attempt. That dont mean it wont this time. IF it can't, the reaction can be a decent rise. Later is can come back and try again. {image}
The same for a long time. 0678
https://www.forexfactory.com/search?searchid=52734218
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those who can, do. those who cant, talk about those who can
  • #116,870
  • Apr 29, 2024 6:15am Apr 29, 2024 6:15am
Quoting gatorinla
{quote} The same for a long time. 0678 https://www.forexfactory.com/search?searchid=52734218 {image}
Yeah i see your 0678 Gator

https://www.tradingview.com/x/NBvh4nJn/
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FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #116,871
  • Apr 29, 2024 6:20am Apr 29, 2024 6:20am
Quoting Avir
{quote} Yeah i see your 0678 Gator https://www.tradingview.com/x/NBvh4nJn/ {image}
It can break. POBO can 0767/68 repel it back below 0695 QPOBO. Maybe even -0678 POBO for week. It's free to watch.
those who can, do. those who cant, talk about those who can
  • #116,872
  • Apr 29, 2024 6:25am Apr 29, 2024 6:25am
Quoting Avir
{quote} Yeah agree, Friday's close was in the middle of nowhere also this bounce during London is right off 200 EMA on hourly, so I am guessing we should break below that 200EMA when the fat fingers come to work in New York {image}
I also expect it to break. It seems logical that we pursue the mobthly range to the downside. However, you can never be 100% sure.
  • #116,873
  • Apr 29, 2024 6:30am Apr 29, 2024 6:30am
Quoting Avir
{quote} Yeah agree, Friday's close was in the middle of nowhere also this bounce during London is right off 200 EMA on hourly, so I am guessing we should break below that 200EMA when the fat fingers come to work in New York {image}
Another consideration for bulls is that Asia bought it straight away. London have also stayed above the daily pivot of 1.0707 after testing it. And Monday is usually a one-way day which means NY might also buy it up. Bulls might have the upper hand here.
  • #116,874
  • Edited 6:46am Apr 29, 2024 6:32am | Edited 6:46am
0767/86 worth watching reaction. There is a R at 0756 also.
It broke out here several times. Last month had a shooting star like. This month can go either way.
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those who can, do. those who cant, talk about those who can
  • #116,875
  • Apr 29, 2024 6:37am Apr 29, 2024 6:37am
Sometimes I look at GU for the truth of market sentiment which many times I have found EU to be a lie meant to deceive. Here GU sellers are almost 60%. This tells me we might have a spike in EU at some point.
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  • #116,876
  • Apr 29, 2024 6:40am Apr 29, 2024 6:40am
just put on my Scalping cap on
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #116,877
  • Apr 29, 2024 6:50am Apr 29, 2024 6:50am
if bullish we will see 0767. If bearish, it may still need to return to 0767.
Now see if your can time it. Bearish to close the month. Will not exclude a poke at 0767 next month.
those who can, do. those who cant, talk about those who can
  • #116,878
  • Apr 29, 2024 6:50am Apr 29, 2024 6:50am
Quoting Avir
{quote} I'm Short from earlier this morning at 0723 initial target was 0659 but this last hour bounce worries me hence Stop at 0737 now
closed the short for 10 pips
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #116,879
  • Apr 29, 2024 7:06am Apr 29, 2024 7:06am
Quoting Avir
{quote} closed the short for 10 pips
Placed a pending short at the same place at 0723
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #116,880
  • Apr 29, 2024 7:08am Apr 29, 2024 7:08am
currently riding 2 scalps towards 0723
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FX is a Bitc*h!, No one keeps me wake all night but FX does!!
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