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The Swamp

  • #561
  • Mar 16, 2016 9:08am Mar 16, 2016 9:08am
Quoting stylinex
{quote} What do you see as pivot on DAX?
I've got 9940.59
Focus.
  • #562
  • Mar 16, 2016 9:09am Mar 16, 2016 9:09am
Quoting KiNgEdwarD
{quote} what are you aiming for UJ?
it was 114.54 early this week.. i was anticipating eu 1019 and uj 114.54 or somewhere in that area. i was planning to short pa depending then..
with eu stall and that now broken pennant looking formation. i entered the eu long and uj short earlier than i intended. shit happens.. flat atm. waiting on fed or 0963
those who can, do. those who cant, talk about those who can
  • #563
  • Mar 16, 2016 9:12am Mar 16, 2016 9:12am
Quoting stylinex
{quote} What do you see as pivot on DAX?
9941
  • #564
  • Mar 16, 2016 9:17am Mar 16, 2016 9:17am
Quoting MaxDoom
{quote} 9941
Thanks
  • #565
  • Mar 16, 2016 9:24am Mar 16, 2016 9:24am
back later, if at all today....good luck to ya guys...laterzz...
Look Sharp/Trade Tight
  • #566
  • Mar 16, 2016 9:30am Mar 16, 2016 9:30am
eu has it little b/o.. on a bounce, a entry short at 1099/1124 may allow that 1019 norm in the attempt to 1035 target. atm level 1067
Attached Image
those who can, do. those who cant, talk about those who can
  • #567
  • Mar 16, 2016 9:31am Mar 16, 2016 9:31am
Quoting MaxDoom
{quote} 9941
Tempted to short oil DR3 (40.37) have a mofu there too, give me a reason not to

Quoting Ken A
True if you buy 50 contracts on 50K account
your thoughts too

edit: if the turd even makes it
  • #568
  • Mar 16, 2016 9:33am Mar 16, 2016 9:33am
Shorted crude here @ 37.47
see if it can make a pivot test
Attached Image (click to enlarge)
Click to Enlarge Name: WTI 2016 Mar 16a.PNG Size: 15 KB
  • #569
  • Mar 16, 2016 9:35am Mar 16, 2016 9:35am
guess that answers that
  • #570
  • Mar 16, 2016 9:37am Mar 16, 2016 9:37am
Quoting Pharm0r
{quote} Tempted to short oil DR3 (40.37) have a mofu there too, give me a reason not to {quote} your thoughts too edit: if the turd even makes it
I will sell it to now at that price, save you waiting around

I got different numbers what contract - I am on April my daily R3 is 38.94
I see 38.16 38.9x you should have a mofu around 39.21
42.50 W-R3 looks a very good level
  • #571
  • Mar 16, 2016 9:38am Mar 16, 2016 9:38am
Quoting MaxDoom
{quote} 9941
hey Max - can you enlighten me about your TP calculations on DAX? Do you use the S/R zones as potential for profit taking, or price action?

Thanks in advance.
Focus.
  • #572
  • Mar 16, 2016 9:44am Mar 16, 2016 9:44am
Quoting MaxDoom
{quote} I do try, but lots going atm with equities, news, budget and trying to get the trades on. most would have guessed that I would long pivot on the DAX I will try harder
Roof Max , Roof !! Don't forget the roof !!
Peace
  • #573
  • Mar 16, 2016 9:45am Mar 16, 2016 9:45am
Quoting Marco-Kanto
{quote} hey Max - can you enlighten me about your TP calculations on DAX? Do you use the S/R zones as potential for profit taking, or price action? Thanks in advance.
I generally do the same thing with every trade, that is;

1) let it run to the S&R levels
2) if the level is significant profit take some off run the rest and move the stop
3) if the PA at a level suggest a bounce I consider take some off and run the rest
3) repeat from step 1 for the remainder

edit: I have closed 50% of my DAX here at R1 +50 give or take
  • #574
  • Mar 16, 2016 9:47am Mar 16, 2016 9:47am
Quoting MaxDoom
{quote} I generally do the same thing with every trade, that is; 1) let it run to the S&R levels 2) if the level is significant profit take some off run the rest and move the stop 3) if the PA at a level suggest a bounce I consider take some off and run the rest 3) repeat from step 1 for the remainder
Thanks Max - appreciate it.
Focus.
  • #575
  • Mar 16, 2016 9:49am Mar 16, 2016 9:49am
Actually i see liquidity is sort of dry these days in E/U. Since new years its been a bit so. Exceptions to that is lets say february 3rd and a a few days after, and 10th of march. Im sure there are all sorts of fundamental reasons for that and we could blatter about that endlesly i guess.

This liquidity dry up thing, technically, the way i see it nobody is really jumping the levels, not up, not down. I mean its one thing that some guys are jumping the trigger hitting it and then after 20-120 seconds a lot of that first move is soaked by the other side, but not even that is happening.

In general i think there is sort of a lack of interest. Maybe the money is being shifted some other place.

But still its sort of interesting. Two of four super powers arent really doing a lot of business, thats sort of what it means.
My signature is: "Classified".
  • #576
  • Mar 16, 2016 9:50am Mar 16, 2016 9:50am
Quoting gatorinla
eu has it little b/o.. on a bounce, a entry short at 1099/1124 may allow that 1019 norm in the attempt to 1035 target. atm level 1067 {image}
how much further than 1124 can it go in your view?
  • #577
  • Mar 16, 2016 9:59am Mar 16, 2016 9:59am
Quoting MaxDoom
{quote} I generally do the same thing with every trade, that is; 1) let it run to the S&R levels 2) if the level is significant profit take some off run the rest and move the stop 3) if the PA at a level suggest a bounce I consider take some off and run the rest 3) repeat from step 1 for the remainder edit: I have closed 50% of my DAX here at R1 +50 give or take
Nice 50
  • #578
  • Mar 16, 2016 10:55am Mar 16, 2016 10:55am
God dammit Goat...you sure know how to pick'em...that SXX has more wings than a monster that just had a redbull.
Why sell the bottoms when you can buy the tops...
  • #579
  • Mar 16, 2016 10:56am Mar 16, 2016 10:56am
Quoting Pharm0r
{quote} Correct, the reactions at 88.2, and the tip top mofu 0.7592 ....and generally all of them have shown resistance/support zones. It fell, but I expect it to move higher, so the best RR possible for me would be the mofu in which we are discussing- that is where my pending was. Mofus before a HH or LL usually have a reaction unless the move has a lot of momentum behind it. The trade has since been negated completely because we went below the target @ 0.7426- thus I was wrong....however; I would have made a few shillings and gotten break even...
been away. i understand (or at least think i do) that the 88.2 reactions show support? but how doest the testing upper mufu at 0.7592 help the trade? being the next target?
less is more
  • #580
  • Mar 16, 2016 10:59am Mar 16, 2016 10:59am
Quoting JustAndy
God dammit Goat...you sure know how to pick'em...that SXX has more wings than a monster that just had a redbull.
you wait until tomorrow buddy big announcement and presentation, looking for it to fly.... anywhere between 30 and 50 so long as they don't f* it up
I have a significant stake in it so kind of nervous

edit: the news is released pre-market so I cannot trade it or react to it...
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