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The Swamp

  • #120,161
  • Jan 2, 2025 5:53am Jan 2, 2025 5:53am
Quoting gatorinla
The AUD held up better than I figured. Below .6180 it may be breaking out.. Attraction at 6190 still..R at 6211.9. its there now.
0.6211.9 is b/o resistance now.. With the usd bullish. it should drop to the 6190 attraction. Its acting like it dont want to fall.. It should, but if it does make a HH today. I may be wrong. When above 6211 it could run. This is where I like to play, at the point it can go either way. Less risk with the smaller stop loss. more potential in the attraction, in the trend direction.
those who can, do. those who cant, talk about those who can
  • #120,162
  • Jan 2, 2025 6:01am Jan 2, 2025 6:01am
AUD is about to close a 1h.. at -6511, it should be ok.. above 6511, I dont know.. But it's at 6515 now. You could close with the 4 pip loss.
those who can, do. those who cant, talk about those who can
  • #120,163
  • Jan 2, 2025 6:05am Jan 2, 2025 6:05am
Quoting gatorinla
AUD is about to close a 1h.. at -6511, it should be ok.. above 6511, I dont know.. But it's at 6515 now. You could close with the 4 pip loss.
It did close above 0.6511.9.. I think it will go to 0.6490 or less to trend.. But it may rise some first. There is still a chance to get out if scared
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those who can, do. those who cant, talk about those who can
  • #120,164
  • Jan 2, 2025 6:16am Jan 2, 2025 6:16am
Quoting gatorinla
{quote} It did close above 0.6511.9.. I think it will go to 0.6490 or less to trend.. But it may rise some first. There is still a chance to get out if scared {image}
This bastard is still up on the day, I may try a little higher not sure...
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  • #120,165
  • Jan 2, 2025 6:37am Jan 2, 2025 6:37am
I forgot to check calendar, received notification, news in 1 hour
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  • #120,166
  • Jan 2, 2025 7:41am Jan 2, 2025 7:41am
Quoting SnaveForex
1.0299 fair price to me
getting closer
  • #120,167
  • Jan 2, 2025 9:12am Jan 2, 2025 9:12am
Quoting gatorinla
{quote} It did close above 0.6511.9.. I think it will go to 0.6490 or less to trend.. But it may rise some first. There is still a chance to get out if scared {image}
If its going to 6490, it should happen this hour.
The same with eu 0354..
those who can, do. those who cant, talk about those who can
  • #120,168
  • Jan 2, 2025 10:12am Jan 2, 2025 10:12am
EU 1.0220 support might hold
  • #120,169
  • Jan 2, 2025 11:35am Jan 2, 2025 11:35am
I got mine lined up to buy usd on a retrace.. Those may not get triggered. The AUD tested R again. I think it needs to sustain below 6180 to fall.
Until it may run sideways. The kiwi is similar. I think the break will be down, whenever it happens
A b/o has to be sustained to run.. Or it may just wick back into that range
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those who can, do. those who cant, talk about those who can
  • #120,170
  • Jan 2, 2025 11:48am Jan 2, 2025 11:48am
into early Asia I pended these.. Most if any will not trigger.. If some do. I most likely will stop at 2 pairs verses usd. I may make an exception if some trigger early, and are green (locked in profitable s/l) when so would trigger later..
I generic 10 pip stop loss.

That EG trade is wider than normal.. I like the distance between. I usually dont because its usually close.
The AUD is an active trade atm.. The attraction is too close.. So I used a support where I may buy to tp..
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those who can, do. those who cant, talk about those who can
  • #120,171
  • Jan 2, 2025 12:01pm Jan 2, 2025 12:01pm
The eu hit that month/quarter trajectory today.. I had ip plotted to hit Dec 30 at close.. I was off.
Quoting gatorinla
This is not trend lines. They are just an average month's worth of range on a fall. That's til 023x by yrs end. A trajectory to average the distance and time. If pa is going to end up at 0232ish by Dec 30 5pm est. The magenta line is from November close. No more no less. Today earlier it hit that magenta line. If its right pa should stick around it.. The highest point above has been 108 pips. I would imagine it can be 108 pips below it also. This is using a month average. If I uses 1/4, 1/2 or a full year. The drop here is very mild compared. {image}
those who can, do. those who cant, talk about those who can
  • #120,172
  • Jan 2, 2025 12:21pm Jan 2, 2025 12:21pm
The aud bounced earlier. I thought it would run past, and fall deeply. Anyway I have some support now to go by. It is bearish.. But i will buy against this low.. My entry is lower than .6180. Because I dont have confidence it will hold. Even so, the attraction may bring it back to 6209.. I lose on a LL..

back to attraction and I may get 15X. I decreased the risk amount, just by lowering the entry. I increased the reward by just lowering the entry. This math works the opposite of FOMO.. It works to my benefit over time and many trades .
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those who can, do. those who cant, talk about those who can
  • #120,173
  • Jan 2, 2025 12:21pm Jan 2, 2025 12:21pm
Oil 75.70 next probably
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  • #120,174
  • Jan 2, 2025 12:34pm Jan 2, 2025 12:34pm
I lowered my stop loss.. it lowered risk, and it made this tp a 3X. I will lower it again if able
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those who can, do. those who cant, talk about those who can
  • #120,175
  • Jan 2, 2025 12:35pm Jan 2, 2025 12:35pm
Quoting LoneTrader1
Oil 75.70 next probably {image}
If they had not lifted the ban on oil exports.. Gasoline would be closer to 1$ in the u.s. NG would be a lot cheaper also.
those who can, do. those who cant, talk about those who can
  • #120,176
  • Jan 2, 2025 12:38pm Jan 2, 2025 12:38pm
I lowered my risk again.. Now this may be a 15X trade at tp
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those who can, do. those who cant, talk about those who can
  • #120,177
  • Jan 2, 2025 12:41pm Jan 2, 2025 12:41pm
Quoting gatorinla
I lowered my risk again.. Now this may be a 15X trade at tp {image}
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those who can, do. those who cant, talk about those who can
  • #120,178
  • Jan 2, 2025 12:45pm Jan 2, 2025 12:45pm
This is where FOMO gets you.. Example if i risked 1% in the beginning. The risk is cut to less than .2% now. I can live with that. I have the potential to make 2% still. off the original.. This was not the best setup.. The attraction was too close to the entry. On better setups this works better.
You dont need but basics in direction. If you do the r/r in your favor. It will give the best edge on winning, if you control the risk. If you can't control the risk, you need to find another hobby. Because that's what this is, a hobby for you.
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those who can, do. those who cant, talk about those who can
  • #120,179
  • Edited 1:05pm Jan 2, 2025 12:52pm | Edited 1:05pm
Quoting gatorinla
The aud bounced earlier. I thought it would run past, and fall deeply. Anyway I have some support now to go by. It is bearish.. But i will buy against this low.. My entry is lower than .6180. Because I dont have confidence it will hold. Even so, the attraction may bring it back to 6209.. I lose on a LL.. back to attraction and I may get 15X. I decreased the risk amount, just by lowering the entry. I increased the reward by just lowering the entry. This math works the opposite of FOMO.. It works to my benefit over time and many trades . {image}
AU I have low at 0.6162 on IC
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  • #120,180
  • Jan 2, 2025 12:59pm Jan 2, 2025 12:59pm
Quoting LoneTrader1
{quote} AU I have low at 0.6162
Yeah.. I can hold it.. But it may be attracted to 6209.. I have to eat. I may be able to get back in later.. It may not be able to sustain below 6180.. If it does. oh well.. Its probably a b/o. I will have a tear at my tp.. . But most often, it will return to 6209... It may do it now, and stop me out
those who can, do. those who cant, talk about those who can
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