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The Swamp

  • #2,821
  • Apr 7, 2016 10:42am Apr 7, 2016 10:42am
Quoting edyraper
{quote} you will get the chance to short up there somewhere , if EU wants to drop hard it will get that 1.15 barrier . btw 1.1416,1 is 1/4 from 1.17/1.05 swing we could close some hourly candles above but nothing H4 and daily ... let's see what dragis bring later today , in smaller setup I've got 1516 and 1579 in my hands ready to get touched . time will tell , there is also missed 0949 I'll go short for that probably after 1.15 barrier
yeah I have the 1.1579 on here, not sure about the 1.1516, the fib I was referring to was this one... Red fib is longer term, green is the one drawn from quarter to 0.0
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  • #2,822
  • Apr 7, 2016 10:42am Apr 7, 2016 10:42am
Quoting edyraper
thinking of shorting Gold at 1242.xx+- if fail 1256.xx the next level I would consider shorting{image}
damn couldn't short 1242 ... I need to set limit and forget ...
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  • #2,823
  • Apr 7, 2016 10:48am Apr 7, 2016 10:48am
Quoting Don96
{quote} yeah I have the 1.1579 on here, not sure about the 1.1516, the fib I was referring to was this one... Red fib is longer term, green is the one drawn from quarter to 0.0 {image}
thanks for the update . what is your plan ?
  • #2,824
  • Apr 7, 2016 10:49am Apr 7, 2016 10:49am
Pending BUY
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A good trader follows his rules, but great trader knows when to break them
  • #2,825
  • Apr 7, 2016 10:53am Apr 7, 2016 10:53am
Quoting edyraper
{quote} thanks for the update . what is your plan ?
​Not in atm, waiting for higher up, if it doesn't get there then ill look elsewhere, probs wait for 1.16441 and PA to short and hold, maybe few levels at 1.15x

and GU waiting for lower down still, improved my patience a lot since back in the days i got angry, emotions etc... cant tell if your being sarcastic but whatever idc
  • #2,826
  • Apr 7, 2016 10:55am Apr 7, 2016 10:55am
Quoting PhAnTi'
{quote} Hey G., thanks for your insights. I am wondering how quick it might drop another ~ 180 points to 106.5 area?
dont know. 0755 is between 0877 and 0633. if uj stalls.. eu may have its turn. ej nearing 122.03.. it may need to rise..124.65 ish if uj stalls, pushing eu up after the stall its in atm. i planned on a equity dump.. i dont see equities capitulate atm. copper still pointing that way. people coming late to the party have more to lose...the train left long ago.
those who can, do. those who cant, talk about those who can
  • #2,827
  • Apr 7, 2016 10:56am Apr 7, 2016 10:56am
Quoting Don96
{quote} ​Not in atm, waiting for higher up, if it doesn't get there then ill look elsewhere, probs wait for 1.16441 and PA to short and hold, maybe few levels at 1.15x and GU waiting for lower down still, improved my patience a lot since back in the days i got angry, emotions etc... cant tell if your being sarcastic but whatever idc
waiting for xxx to bet the farm for myself honestly
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  • #2,828
  • Apr 7, 2016 10:59am Apr 7, 2016 10:59am
Quoting edyraper
{quote} waiting for xxx to bet the farm for myself honestly {image}
yeah i think most people will on that, i suppose with tight stops as well. ill have a few wider stops lower down before that

Nice buy positions where u looking at offloading?
  • #2,829
  • Apr 7, 2016 11:01am Apr 7, 2016 11:01am
Quoting Don96
{quote} yeah i think most people will on that, i suppose with tight stops as well. ill have a few wider stops lower down before that Nice buy positions where u looking at offloading?
this is Ken's chart not mine
  • #2,830
  • Apr 7, 2016 11:03am Apr 7, 2016 11:03am
Quoting edyraper
{quote} this is Ken's chart not mine
Oh, for ken then... ​
  • #2,831
  • Apr 7, 2016 11:11am Apr 7, 2016 11:11am
Quoting Ken A
You can keep the chart I keep the $$$$
were these both based on db? (being the main reason anyway)
  • #2,832
  • Apr 7, 2016 11:17am Apr 7, 2016 11:17am
Quoting Ken A
{quote} No, spinning gold coin head buy tail sell
​niceee, lucky trader then
  • #2,833
  • Edited 12:14pm Apr 7, 2016 11:20am | Edited 12:14pm
I may get better entry later will kill this one then ...
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  • #2,834
  • Apr 7, 2016 11:45am Apr 7, 2016 11:45am
Aha, so this is where the decent part of the crew moved to. Hope this wasn't meant to be a secretive, private group
Interesting times of late......oil higher than it should be, EU continuing to keep its head well afloat and making headway through the teens now. Personally i don't think that can last tooooo much longer. Low 1.17's should put paid to it for good, if not before.
And then there's this massive jpy strength of late. I'm pre-empting a bounce in that soonish, specially in gbp. but for now I'm quite happy to sit on that gravy train till the last fruits have been wrung out to dry. BoJ intervention cant be far off.

Anyway, happy trading, chaps. Good to see a decent amount of banter going down in here
  • #2,835
  • Apr 7, 2016 12:11pm Apr 7, 2016 12:11pm
Quoting Ken A
{quote} I closed 80% for 2K pips But I am not chasing to buy - on Weekly chart {image}
Where do you see the turn on EG?

I don't have anything within my scope

I longed EJ again. I must like pain
  • #2,836
  • Apr 7, 2016 12:23pm Apr 7, 2016 12:23pm
Quoting edyraper
{quote} damn couldn't short 1242 ... I need to set limit and forget ... {image}
if short don't get s/o will risk floating here
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  • #2,837
  • Apr 7, 2016 12:29pm Apr 7, 2016 12:29pm
Quoting Ken A
{quote} Not watching EG - too slow and painful Same for EJ risk tiny pip - closed the short from 127.9x at 122.7x 1900085 1900086
​122.65 88.6 fib level for me
  • #2,838
  • Apr 7, 2016 12:34pm Apr 7, 2016 12:34pm
Quoting Don96
{quote} ​122.65 88.6 fib level for me
Yes I risk few pips there - if survive Asia session likely to get few hundred pips

Quoting edyraper
{quote} if short don't get s/o will risk floating here {image}
Watch hourly support 1234

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  • #2,839
  • Apr 7, 2016 12:45pm Apr 7, 2016 12:45pm
Quoting Ken A
{quote} Yes I risk few pips there - if survive Asia session likely to get few hundred pips {quote} Watch hourly support 1234 {image}
mofu suggests a HH ~500 pips if no LL

Still a valid target higher than that- judging by how the fibs of this leg have reacted, I'm betting on it. Need EU to head towards 1.17xx
  • #2,840
  • Apr 7, 2016 12:50pm Apr 7, 2016 12:50pm
Quoting Ken A
Watch hourly support 1234 {image}
thanks , yep watching I guess you are long from 1214 , still running ?
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