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The Swamp

  • #5,401
  • May 19, 2016 3:17pm May 19, 2016 3:17pm
Quoting micho
for eurusd i think it will be something like this, lets see {image}
I like door number one, but it will be on demo as I have just blown up another live account.

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If you are new to FX don"t follow my trades, I 've blown many live accounts
  • #5,402
  • Edited 5:08pm May 19, 2016 3:44pm | Edited 5:08pm
My TA has me ready for a significant reversal possible at 1167/42 area. Fundies have me confused though. It's not rare for me to be confused. I've read guys I respect on here say FA often comes later to explain what techs already told you. Guess I'm going with that. Gator showed good example with oil inventory numbers this week. The amount of times the fundies showed an obvious path but price went to hit a tech level opposite to it has been evidenced to me enough even in my pittance of experience watching these things play out. Sticking to plan regardless of confusion since most times when I don't I regret it.
  • #5,403
  • May 19, 2016 5:41pm May 19, 2016 5:41pm
Quoting goosebone
My TA has me ready for a significant reversal possible at 1167/42 area. Fundies have me confused though. It's not rare for me to be confused. I've read guys I respect on here say FA often comes later to explain what techs already told you. Guess I'm going with that. Gator showed good example with oil inventory numbers this week. The amount of times the fundies showed an obvious path but price went to hit a tech level opposite to it has been evidenced to me enough even in my pittance of experience watching these things play out. Sticking to plan...
once 56.22 brent is hit.. fundis and the techs i use would be more favorable to drop.. my techs indicate a significant drop.. that tech window has 56.xx as minimal but it may go higher.. window 56.26/70.31.. sometimes it could not reach 56.26. that's not often,, 58.35 could be another.. fundi wise the saudis want to screw iran, russia, u.s. frackers. little by little more efficient cars along with electric are becoming mindset. unlike pre 2009, new banking regulation is preventing goldman and crew from bubble making oil. along with other commodities priced in usd. add in fed possible hike should limit oil upside. along with other commodities and those commodity currencies. commodity producing countries like australia will have to compete with u.s. commodities, with the added expense of a boat ride. chinese products will have 2 boat rides to come to america and that cost added. it puts u.s. producers at a more level field on products sold in the u.s. even u.s. products sold to europe or asia will have 1 boat ride. the paper tiger bs is slowly getting a taste of reality. china and ecb land are commodity and energy lacking.. world reset energy makes n america the place money is treated best. brent on way to 56 is already ticking up inflation. the fed is running out of excuses
those who can, do. those who cant, talk about those who can
  • #5,404
  • May 19, 2016 8:51pm May 19, 2016 8:51pm
Good Morning !

Today's SR levels on MT4 Templates for EURO, CABLE, DAX, USDJPY & EURGBP
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #5,405
  • May 19, 2016 9:55pm May 19, 2016 9:55pm
Quoting gatorinla
{quote} once 56.22 brent is hit.. fundis and the techs i use would be more favorable to drop.. my techs indicate a significant drop.. that tech window has 56.xx as minimal but it may go higher.. window 56.26/70.31.. sometimes it could not reach 56.26. that's not often,, 58.35 could be another.. fundi wise the saudis want to screw iran, russia, u.s. frackers. little by little more efficient cars along with electric are becoming mindset. unlike pre 2009, new banking regulation is preventing goldman and crew from bubble making oil. along with other...
Oil does seem to be on the bullish side these days. Minimal drops pop right back up. Today is also last day for futures expiration for this month. This means oil closed quite bullish this month. Shorts lost out big time this month. If we open up next Monday that will be another bullish sign for June
  • #5,406
  • May 19, 2016 10:10pm May 19, 2016 10:10pm
Quoting stylinex
{quote} Oil does seem to be on the bullish side these days. Minimal drops pop right back up. Today is also last day for futures expiration for this month. This means oil closed quite bullish this month. Shorts lost out big time this month. If we open up next Monday that will be another bullish sign for June
its at 49.23 atm.. 56.22 is roughly 15 ish % more.. thats a big %age. 56 is 100%+ higher than jans 27 low..it may take some time.. meanwhile 14$ target is near 1/2 jans 27$ low... who would be silly enough to post this?... its not me,, its what chart indicates... a very rough ride is indicated..

inventories up and yet oil seems to want higher... some blog will explain fundies after move. meanwhile before move 56 was indicated, before the valid 14 target
the same with uj 106.xx as boj was easing and fed raised
those who can, do. those who cant, talk about those who can
  • #5,407
  • May 19, 2016 10:48pm May 19, 2016 10:48pm
Quoting gatorinla
{quote} its at 49.23 atm.. 56.22 is roughly 15 ish % more.. thats a big %age. 56 is 100%+ higher than jans 27 low..it may take some time.. meanwhile 14$ target is near 1/2 jans 27$ low... who would be silly enough to post this?... its not me,, its what chart indicates... a very rough ride is indicated.. inventories up and yet oil seems to want higher... some blog will explain fundies after move. meanwhile before move 56 was indicated, before the valid 14 target the same with uj 106.xx as boj was easing and fed raised
Do you have any open oil positions now?
  • #5,408
  • May 20, 2016 12:04am May 20, 2016 12:04am
Quoting fxvina
short gbpusd 1.4592
closed gbpusd 1.4570

this transaction has caused a bit difficult for me.
fxvina
  • #5,409
  • May 20, 2016 12:10am May 20, 2016 12:10am
Quoting fxvina
{quote} closed gbpusd 1.4570 this transaction has caused a bit difficult for me.
could go a bit more...
  • #5,410
  • May 20, 2016 1:50am May 20, 2016 1:50am
Quoting lancedes
{quote} Good thinking. Seems like its bound to drop at some point. Although both seem to be weak currencies right now, so its tough to say where it'll go. I would have said euro was slightly stronger of the two
Both weak, but both on the support, will short highs again risking HH.

watching UJ to short too. if today no spike then next Sunday probably gonna spike up before down any...

Also watching uchf for shorts...
  • #5,411
  • May 20, 2016 2:05am May 20, 2016 2:05am
Quoting edyraper
{quote} Both weak, but both on the support, will short highs again risking HH. watching UJ to short too. if today no spike then next Sunday probably gonna spike up before down any... Also watching uchf for shorts...
Why a spike ?
  • #5,412
  • May 20, 2016 2:12am May 20, 2016 2:12am
Quoting Don96
{quote} Why a spike ?
still a bit room for R work around sub 110.
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  • #5,413
  • May 20, 2016 2:16am May 20, 2016 2:16am
week so far is pretty bearish. the month closed above 1388, that's bullish to me. today is friday, bulls may try to sneak a run in on a st pullback 1203/1179.
it may be setting up that 24 pip window atm. if so, 140x may be a norm. 1274 would be a target.. only valid w/o a LL -1179. 1228 would need a close above to take 140x serious. 140x is above the R at 1376/88
those who can, do. those who cant, talk about those who can
  • #5,414
  • May 20, 2016 3:38am May 20, 2016 3:38am
BOJ targeting UJ 115 by their continuous intervention
You cannot learn better without losing
  • #5,415
  • May 20, 2016 3:39am May 20, 2016 3:39am
eur usd.. simple trade next week.
i place a short stop at 1174 towards here.

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  • #5,416
  • May 20, 2016 4:17am May 20, 2016 4:17am
Quoting edyraper
{quote} still a bit room for R work around sub 110. {image}
Took a short at 110.37
Out
  • #5,417
  • May 20, 2016 5:17am May 20, 2016 5:17am
Quoting Don96
{quote} Took a short at 110.37 Out
i can see why.
imho 110.65 might act as a magnet.
todays R2 is my short place, takes out many stops.
on break down also short opportunity.

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  • #5,418
  • May 20, 2016 5:25am May 20, 2016 5:25am
short USOIL 48.66
fxvina
  • #5,419
  • May 20, 2016 5:36am May 20, 2016 5:36am
Quoting Don96
{quote} Took a short at 110.37 Out
shorted again 110.384
  • #5,420
  • May 20, 2016 6:36am May 20, 2016 6:36am
Quoting gatorinla
week so far is pretty bearish. the month closed above 1388, that's bullish to me. today is friday, bulls may try to sneak a run in on a st pullback 1203/1179. it may be setting up that 24 pip window atm. if so, 140x may be a norm. 1274 would be a target.. only valid w/o a LL -1179. 1228 would need a close above to take 140x serious. 140x is above the R at 1376/88
nice little pop higher to 1236. above window is still open, before 1274
those who can, do. those who cant, talk about those who can
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