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The Swamp

  • #4,121
  • Apr 25, 2016 7:56am Apr 25, 2016 7:56am
Quoting Pharm0r
{quote} Watching closes, no reason to break ranges before FOMC if close above 1.4514 on 4 hour I'll exit
yeah i got you, my stop was just above high, got nothing at the high it made, ill re enter closer to it
  • #4,122
  • Apr 25, 2016 8:09am Apr 25, 2016 8:09am
Quoting Don96
{quote} yeah i got you, my stop was just above high, got nothing at the high it made, ill re enter closer to it
Don't forget what we talked about- it's a zone, where closes are more important. To-the-pip entries & leverage are cool- but the zone is the bigger picture. As can be seen, thus far zone rejected on H4, next comes London close and NY open candle H4

gator sees 1.5xxx...
  • #4,123
  • Apr 25, 2016 8:11am Apr 25, 2016 8:11am
Quoting Pharm0r
{quote} Don't forget what we talked about- it's a zone, where closes are more important. To-the-pip entries & leverage are cool- but the zone is the bigger picture. As can be seen, thus far zone rejected on H4, next comes London close and NY open candle H4
yeah cheers - perhaps a larger stop and lower volume was required... you targeting 1.38 technically?
  • #4,124
  • Apr 25, 2016 8:16am Apr 25, 2016 8:16am
Long gu 4467 risk 4452
  • #4,125
  • Apr 25, 2016 8:21am Apr 25, 2016 8:21am
Quoting Pharm0r
{quote} The demise of the EU is inevitable (as are all currencies)....but Italy, Spain, Portugal, Greece all weight heavily Take out UK (along with their ports)- would that not create more pressure on Germany? I may be talking out of my ass..... Regardless- if the people want out, the people should be let out imo
Yes I agree
definitely more pressure on DEU.... but the EU is big with huge momentum behind
of the "sick men of europe" you listed Italy is bigger than the other three together IMHO Italy posts BS data and always has. The economy (and society) are on an edge ready to topple. To prop up their numbers(GDP) they are using hypothetical mafia data and hypothetical tax evasion numbers.
again IMHO Italy is a white elephant which I dont think anybody wants to fall over as it will take everyone with it.
I could go on but...books could be written
don't get in love with pairs ... up or down is the same pip value
  • #4,126
  • Apr 25, 2016 8:21am Apr 25, 2016 8:21am
Quoting Don96
{quote} yeah cheers - perhaps a larger stop and lower volume was required... you targeting 1.38 technically?
that has been my solution. if not to the pip for high leverage, reduce leverage go for swing.

No- that's invalidated after the HH. I think gator has a situation where he would still go for it, but to me- HH indicated it's gone. Have already deleted that fib. Swing trade so below the range, which would require FOMC cooperation....not expecting them to be dollar bull, so I'd like to hold and see where it goes....maybe half the range @ 1.4285
  • #4,127
  • Apr 25, 2016 8:23am Apr 25, 2016 8:23am
Quoting Pharm0r
{quote} that has been my solution. if not to the pip for high leverage, reduce leverage go for swing. No- that's invalidated after the HH. I think gator has a situation where he would still go for it, but to me- HH indicated it's gone. Have already deleted that fib. Swing trade so below the range, which would require FOMC cooperation....not expecting them to be dollar bull, so I'd like to hold and see where it goes....maybe half the range @ 1.4285
​right got you cheers again
  • #4,128
  • Apr 25, 2016 9:26am Apr 25, 2016 9:26am
Quoting mejo
{quote} so after the range was formed we got 1404 as mid and 1.1225 as a target. which is more normal to get hit and does that change when marked made LL before 1.1404? the same fibb is still at work and i can project new targets based on that fibb?
sounds about right with some things like 1388 to deal with. it could've turned bullish if 1388 would have held it above. it came near 1404, but no cigar.
those who can, do. those who cant, talk about those who can
  • #4,129
  • Apr 25, 2016 9:35am Apr 25, 2016 9:35am
i have no idea what 1258.3 is. i have it on my chart and cant figure out why. anyway last h closed above..eu
Attached Image
those who can, do. those who cant, talk about those who can
  • #4,130
  • Apr 25, 2016 9:42am Apr 25, 2016 9:42am
brits vote taken away? i thought that was still in the future.
those who can, do. those who cant, talk about those who can
  • #4,131
  • Apr 25, 2016 9:51am Apr 25, 2016 9:51am
Quoting gatorinla
brits vote taken away? i thought that was still in the future.
What do you think of this? Specifically this part...

Quote
"Initial data say the fund will have control over more than 10 percent of global investment capacity."

http://www.reuters.com/article/us-sa...-idUSKCN0XM1CD
  • #4,132
  • Apr 25, 2016 10:02am Apr 25, 2016 10:02am
Quoting gatorinla
i have no idea what 1258.3 is. i have it on my chart and cant figure out why. anyway last h closed above..eu {image}
1/2 h then.. hour now.
those who can, do. those who cant, talk about those who can
  • #4,133
  • Apr 25, 2016 10:19am Apr 25, 2016 10:19am
Quoting gatorinla
i have no idea what 1258.3 is. i have it on my chart and cant figure out why. anyway last h closed above..eu {image}
1265 is last year's mid (at least on my broker - I think some have it as 1286 due to different opens if I remember right). Sometimes around the biggies there's a zone a few pips to either side.
  • #4,134
  • Apr 25, 2016 10:20am Apr 25, 2016 10:20am
Quoting Pharm0r
{quote} What do you think of this? Specifically this part... {quote} http://www.reuters.com/article/us-sa...-idUSKCN0XM1CD
sounds like someone is thinking ahead. evolution of the mind. germany has a female leader, britain had one, u.s.? the saudis may have to deal with a u.s. female. for protection. sounds like they are looking ahead, just in case. this way they can say they are making the effort.

a better use for oil is to make stuff. once it's burned, it's gone. the saudis see the writing on the wall.
those who can, do. those who cant, talk about those who can
  • #4,135
  • Apr 25, 2016 10:21am Apr 25, 2016 10:21am
Quoting gatorinla
{quote} sounds about right with some things like 1388 to deal with. it could've turned bullish if 1388 would have held it above. it came near 1404, but no cigar.
what would it mean if it would come to 1.1404? we got a new LH now, so that would trigger stops before it and than retrace?
less is more
  • #4,136
  • Apr 25, 2016 10:25am Apr 25, 2016 10:25am
Quoting MissPips
{quote} 1265 is last year's mid (at least on my broker - I think some have it as 1286 due to different opens if I remember right). Sometimes around the biggies there's a zone a few pips to either side.
i didnt label it. it may of been a news release level
those who can, do. those who cant, talk about those who can
  • #4,137
  • Apr 25, 2016 10:29am Apr 25, 2016 10:29am
Quoting gatorinla
{quote} i didnt label it. it may of been a news release level
Not a biggie - I track those. 1228 was where Yellen hinted about the December hike and 1330 was where the ECB
announced extended QE. I don't have anything that got a big reaction in between those two.
  • #4,138
  • Apr 25, 2016 10:35am Apr 25, 2016 10:35am
Quoting gatorinla
{quote} sounds like someone is thinking ahead. evolution of the mind. germany has a female leader, britain had one, u.s.? the saudis may have to deal with a u.s. female. for protection. sounds like they are looking ahead, just in case. this way they can say they are making the effort. a better use for oil is to make stuff. once it's burned, it's gone. the saudis see the writing on the wall.
agreed, but what I question is 10% of the global market? sounds a bit far fetched...
  • #4,139
  • Apr 25, 2016 10:35am Apr 25, 2016 10:35am
Interesting level anyway sold eurusd at 1.1273 take profit 1.1147 stop at 1.1317

Good luck
Peace & Pips
  • #4,140
  • Apr 25, 2016 10:58am Apr 25, 2016 10:58am
Quoting mejo
{quote} what would it mean if it would come to 1.1404? we got a new LH now, so that would trigger stops before it and than retrace?
the current move since 1464 to me, hasnt built a base. it could easily go back to 1464 or more. 1228 is a level for 1.2470.. between 1228 and another level 1347, is 1287 ish. as far as the LH, u cant bet both directions. its a wash - spread. once 1225 was hit. i assumed it would bounce back toward 1305. plus friday london roll was above 1228, but not 5et close. the usdx held the high equally. i went with the eu rising.
those who can, do. those who cant, talk about those who can
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