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The Swamp

  • #5,461
  • Edited 7:27pm May 22, 2016 6:07pm | Edited 7:27pm
Quoting micho
i think next week usdjpy will continue rising and eurusd will continue falling without retracing, just because everybody expecting a retrace. also technicals dont suggest any retrace yet
based on gbp not reaching 1.5 yet, and eg st may want 77.65 or 78.82. the eu can go higher although the last few weeks pa are not showing this. of course 1080 is going to make the circuit, no argument from me about 1080. on the other hand the month closed above 1388. 8 days left in the month. closing above it and 1451 also has merit. i mentioned gbp, personally i had good reason to go back t0 1.5xx, but i have never traded it in the face of a exit possibility. i dont know how it will or not affect gbp, euro, chf, yen or usd. sometimes leading up to news there's a pump. direction dont matter. if the news goes with the pump, its a good chance it continues, if not priced in. many times it is priced in, at least some from pump. if the news is opposite the pump direction, than a trade near news release time, opposite pump is a good one. uj wise closed with a lower low on month. a LL closed below previous month low. i figured a 300 or so pip bounce. even 1000 is normal after a 2000 pip drop. 109.55 may be in play the last 8 days, of this month..that candle low it closed below at 110.65. the high since 110.5x. the uj could easily retrace back to 105.xx in a few days or less.
those who can, do. those who cant, talk about those who can
  • #5,462
  • May 22, 2016 8:26pm May 22, 2016 8:26pm
Quoting gatorinla
{quote} still bearish looking.. for my eu long to survive, it needs to get above 1228 and start closing above.. uj for me is harder, under 109.55 closed would be that step. no doubt little is looking my way atm.. but i am trading with uj 100.? and eu 1.17 in mind.. eu month is still bullish to me, as well as uj bearish
broken record, testing both now atm.. sos,, if u disagree, with eu 1.17 or uj 100.5/.7. here's your chance. just font let your stops kill account.. eu 1.14 may be a layup
those who can, do. those who cant, talk about those who can
  • #5,463
  • May 22, 2016 8:30pm May 22, 2016 8:30pm
Quoting gatorinla
{quote} still bearish looking.. for my eu long to survive, it needs to get above 1228 and start closing above.. uj for me is harder, under 109.55 closed would be that step. no doubt little is looking my way atm.. but i am trading with uj 100.? and eu 1.17 in mind.. eu month is still bullish to me, as well as uj bearish
broken record, testing both now atm.. sos,, if u disagree, with eu 1.7 or uj 100.5/.7. here's your chance.

still bearish looking.. for my eu long to survive, it needs to get above 1228 and start closing above.. uj for me is harder, under 109.55 closed would be that step. no doubt little is looking my way atm.. but i am trading with uj 100.? and eu 1.17 in mind.. eu month is still bullish to me, as well as uj bearish
those who can, do. those who cant, talk about those who can
  • #5,464
  • May 22, 2016 8:36pm May 22, 2016 8:36pm
Quoting gatorinla
uj atm @ 110.36.. after 110.55 it may start topping. some R 110.63 ish possible..play by ear and pa. u.s.equities are green atm.. uj may change that
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Attached Image
those who can, do. those who cant, talk about those who can
  • #5,465
  • May 22, 2016 8:45pm May 22, 2016 8:45pm
Quoting gatorinla
{quote} edit to change the rest textbook atm. one can never be sure.. if eu is going to 140x, than uj should find 108.01. if u.s. gets boj in the manipulation scare. 100.5 would be a done deal {image}
popcorn time, wait and see how it turns out. either way at this point money should be positive. its up to money management now.
those who can, do. those who cant, talk about those who can
  • #5,466
  • May 22, 2016 9:36pm May 22, 2016 9:36pm
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
st set up a rise. 1203 did its thing
those who can, do. those who cant, talk about those who can
  • #5,467
  • Edited 11:07pm May 22, 2016 10:46pm | Edited 11:07pm
Quoting gatorinla
{quote} based on gbp not reaching 1.5 yet, and eg st may want 77.65 or 78.82. the eu can go higher although the last few weeks pa are not showing this. of course 1080 is going to make the circuit, no argument from me about 1080. on the other hand the month closed above 1388. 8 days left in the month. closing above it and 1451 also has merit. i mentioned gbp, personally i had good reason to go back t0 1.5xx, but i have never traded it in the face of a exit possibility. i dont know how it will or not affect gbp, euro, chf, yen or usd. sometimes leading...
hi gatorinla, i agree with you on both eurusd and yen. i looked at the charts again on sunday and i changed my view. for the pound, it seems very undecided so i stay out for now. lets see, hope yen goes up a bit higher to short with higher RR, it seems the move down has started but i will not get in here.

what is your view on uc eurocad? i have sell limit at 1.497 if we reach there with tight sl, and my tp now for eu is 1.136x

PS: eurocad, lol
When life gives you lemons, make lemonade
  • #5,468
  • May 22, 2016 11:46pm May 22, 2016 11:46pm
Quoting gatorinla
{quote} broken record, testing both now atm.. sos,, if u disagree, with eu 1.7 or uj 100.5/.7. here's your chance. still bearish looking.. for my eu long to survive, it needs to get above 1228 and start closing above.. uj for me is harder, under 109.55 closed would be that step. no doubt little is looking my way atm.. but i am trading with uj 100.? and eu 1.17 in mind.. eu month is still bullish to me, as well as uj bearish
typo 1.17 correct
those who can, do. those who cant, talk about those who can
  • #5,469
  • May 23, 2016 12:12am May 23, 2016 12:12am
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!!
  • #5,470
  • May 23, 2016 12:36am May 23, 2016 12:36am
Quoting gatorinla
{quote} typo 1.17 correct
you have price going to 1.17 still? 1.1715 at the least then if you have it going back up right? if so is this based on it completing the flat?
  • #5,471
  • May 23, 2016 3:24am May 23, 2016 3:24am
Quoting gatorinla
{quote} st set up a rise. 1203 did its thing
Hello G,
May i know what's your view on GU?
  • #5,472
  • May 23, 2016 5:44am May 23, 2016 5:44am
Spasmodic trading for the EU... I have a feeling the rest of the week will be the same circle jerking based on rumors of FED hiking another 2-3 times by the year's end.

Most folks mist the article where Yellen mentioned that we might get no rate hike this year or if the situation "requires it" a return to rate cutting.
Why sell the bottoms when you can buy the tops...
  • #5,473
  • May 23, 2016 6:42am May 23, 2016 6:42am
Quoting fxvina
short USOIL 48.66
closed 47.78
fxvina
  • #5,474
  • May 23, 2016 10:57am May 23, 2016 10:57am
closed 1/3 uj, london closed below 109.55 that's bearish to me day wise. and goes along with my 100.x view. i also was s/o eu long. i will re-sell uj if it can manage to get above 109.55 r. atm 109.94 i have a pending. its either going there or 108.61 i figure. just looking to sell a bounce.. eu wise, i am flat.. the st 1274 is valid still w/o a LL(1178). eu moves are stiff adr wise lately. 1080 may get me interested.. st can lie more often..
those who can, do. those who cant, talk about those who can
  • #5,475
  • May 23, 2016 11:12am May 23, 2016 11:12am
Quoting raiders
{quote} you have price going to 1.17 still? 1.1715 at the least then if you have it going back up right? if so is this based on it completing the flat?
pissing in the wind fighting the fed.. i have 1.2470 as valid. the same as posted for a year. that attraction should yield 1.17. is it 100%, probably not. its likely. like others have posted, 1080. 1115 or 1087 would probably be a better wait. these are not 100% either. 7 days left in month.. down to 108x and back to 1451 is possible. that widow is getting tight..
those who can, do. those who cant, talk about those who can
  • #5,476
  • May 23, 2016 11:31am May 23, 2016 11:31am
Quoting keongzai94
{quote} Hello G, May i know what's your view on GU?
i think normally 1.5 would be coming. brexit makes it more a coin toss..
those who can, do. those who cant, talk about those who can
  • #5,477
  • May 23, 2016 11:42am May 23, 2016 11:42am
is buffet slipping? it seems so, in my view. china slipping means less coal needed on buffet's rails. buffett's stake in apple to me, may get toppy above 107$..i have a 61$ target in apple. dead cat to 107$ normal before. brent oil 56.xx$ before deep drop
those who can, do. those who cant, talk about those who can
  • #5,478
  • May 23, 2016 12:11pm May 23, 2016 12:11pm
Quoting gatorinla
closed 1/3 uj, london closed below 109.55 that's bearish to me day wise. and goes along with my 100.x view. i also was s/o eu long. i will re-sell uj if it can manage to get above 109.55 r. atm 109.94 i have a pending. its either going there or 108.61 i figure. just looking to sell a bounce.. eu wise, i am flat.. the st 1274 is valid still w/o a LL(1178). eu moves are stiff adr wise lately. 1080 may get me interested.. st can lie more often..
too early. 109.94 needs to be dropped accordingly.
those who can, do. those who cant, talk about those who can
  • #5,479
  • May 23, 2016 12:15pm May 23, 2016 12:15pm
Gold on the bounce mode
  • #5,480
  • May 23, 2016 11:22pm May 23, 2016 11:22pm
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!!
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