The Swamp | Page 282 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #5,621
  • May 30, 2016 4:31am May 30, 2016 4:31am
going long on Eur/usd not a bad deal but i will wait 1.12xx personally. 6700 i am long on nzd/usd.
The mind is not a book to be opened at will and examined at leisure
  • #5,622
  • May 30, 2016 4:35am May 30, 2016 4:35am
Formed pinbar at H4 for usdjpy...first sign of exhaustion. Keeping my short and sitting tight
  • #5,623
  • May 30, 2016 5:16am May 30, 2016 5:16am
I love it when different strategies have the same turning point.
good luck.
  • #5,624
  • May 30, 2016 5:43am May 30, 2016 5:43am
Quoting gatorinla
be back tomorrow or wednesday. pending s triggered on uj 111.41. stop 20 atm. will tighten later or keep and tp some if possible. still lots of r 112.2x/56. unable to babysit trade. no way to know for sure.. 111.41 candles or whatever may be worth watching pa reaction.. atm high 111.44, atm level 111.34 {image}
China weakened their currency today which explains this move today in Asia. I reckon we continue up to 112 and possibly 115
  • #5,625
  • Edited 6:30am May 30, 2016 6:20am | Edited 6:30am
I have pending long eurgbp and eurusd pending short eurchf. and uj short of course
I posted the others already, this is my eurchf.


Attached Image (click to enlarge)
Click to Enlarge Name: EURCHFH4.png Size: 263 KB
  • #5,626
  • Edited 8:07am May 30, 2016 7:49am | Edited 8:07am
Quoting stylinex
{quote} China weakened their currency today which explains this move today in Asia. I reckon we continue up to 112 and possibly 115
still looking to long usd/rem after 6.4014 ish on supportive pa. it's been going up for a while now on day chart, march 17 low in last circled cluster... usd/rem has gone up, while usd/jpy dropped prior to uj move up is the current month. both are heavily manipulated. the correlations are not so strong. eu atm bottom in the 108x supportive area. usdx 95.86/96.7 area R.. fed is talking about raise.. price is pushed toward fed raise. when uj hit 106.33 and below i started to long the first 300 ish.. 105.xx is part of 68.08 pattern, this year's atm low.. using last years high and 68.08 11.41 is a level.
uj hit 106.33.. 2000 down, than 1000 up is common. sorry i didnt bet on it for more than 300 atm
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 63 KB
those who can, do. those who cant, talk about those who can
  • #5,627
  • May 30, 2016 8:00am May 30, 2016 8:00am
http://www.independent.co.uk/news/uk...-a7054851.html
  • #5,628
  • May 30, 2016 8:23am May 30, 2016 8:23am
EU strolling around Jun-2015 closing (1.1149)
  • #5,629
  • May 30, 2016 9:38am May 30, 2016 9:38am
uj looks bearish. missed by 5 pips. could trade break down of small tl.
want to wait for my eu entry 80 pips down. Maybe it gives UJ a push up.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM5.png Size: 121 KB
  • #5,630
  • May 30, 2016 12:00pm May 30, 2016 12:00pm
Quoting longshot_nl
uj looks bearish. missed by 5 pips. could trade break down of small tl. want to wait for my eu entry 80 pips down. Maybe it gives UJ a push up. {image}
Did a blind entry at 111 and 111.4, glad it pays off. Bull exhaustion for now. Eurusd is due for a retracement up from slightly lower value. So, between usdjpy, eurusd and eurjpy, lets see which pair will gives way when eur rises. Gut feel tells me eurjpy will resume the gentle down move while usdjpy explode down and eurusd up. Lets see how PA plays out. Cheers
  • #5,631
  • May 30, 2016 2:19pm May 30, 2016 2:19pm
Quoting UrsaMinor
{quote} Did a blind entry at 111 and 111.4, glad it pays off. Bull exhaustion for now. Eurusd is due for a retracement up from slightly lower value. So, between usdjpy, eurusd and eurjpy, lets see which pair will gives way when eur rises. Gut feel tells me eurjpy will resume the gentle down move while usdjpy explode down and eurusd up. Lets see how PA plays out. Cheers
audjpy is a pennant under construction.
it might take a while. If UJ shoots down i would expect audjpy to do so too.
so i don't think so this time. Its not able to make lower lows on the 5m tf.
If this was the high it is already 12 hours or so working on a down trend, look 4h chart: 29 march and 28 april. A new high would reset the clock.

as for eur usd could become a 3 dives pattern to my entry.
right now blocked by the blue line. Its trying to break it 3 4h candles in a row.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 159 KB


There is massive divergence on the daily chart. so i agree a retrace is in order, but at the right level. red line in former chart

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 158 KB
  • #5,632
  • May 30, 2016 9:29pm May 30, 2016 9:29pm
Quoting gatorinla
{quote} still looking to long usd/rem after 6.4014 ish on supportive pa. it's been going up for a while now on day chart, march 17 low in last circled cluster... usd/rem has gone up, while usd/jpy dropped prior to uj move up is the current month. both are heavily manipulated. the correlations are not so strong. eu atm bottom in the 108x supportive area. usdx 95.86/96.7 area R.. fed is talking about raise.. price is pushed toward fed raise. when uj hit 106.33 and below i started to long the first 300 ish.. 105.xx is part of 68.08 pattern, this year's...
Targets from earlier on this year for the Yuan were supposed to be at 7-7.50 but that was when the YEN traded between 120-125.
Economically here in Asia things are bad. I find it hard to see the local currencies continuing to strengthen during these times. I think it is only a matter of time before we see another financial crisis down the road. We are due for something to happen again. Been a while since 2008-2009
  • #5,633
  • May 30, 2016 11:15pm May 30, 2016 11:15pm
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!!
  • #5,634
  • May 31, 2016 3:45am May 31, 2016 3:45am
Cancelled pending short UJ.

If this pennant takes shape i buy instead.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM30.png Size: 172 KB
  • #5,635
  • May 31, 2016 4:00am May 31, 2016 4:00am
Quoting longshot_nl
Cancelled pending short UJ. If this pennant takes shape i buy instead. {image}
same. i managed to capture Gbp/jpy though.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture5.JPG Size: 19 KB
The mind is not a book to be opened at will and examined at leisure
  • #5,636
  • Edited 5:16am May 31, 2016 5:01am | Edited 5:16am
Quoting Isvara
{quote} same. i managed to capture Gbp/jpy though. {image}
So i started looking, why move up more?
Now i think it may want to complete this cypher. Cyphers Point X is average so i can't pinpoint D. I found 2 numbers: 112.46 and 112.62 close together so i just take a bigger sl.
I try to long this pennant for 120 pips or so to the gray box where i short it towards 104.
First lets see if it becomes a pennant.
5 green candles on weekly already.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 146 KB
  • #5,637
  • May 31, 2016 5:22am May 31, 2016 5:22am
Quoting longshot_nl
{quote} So i started looking, why move up more? Now i think it may want to complete this cypher. Cyphers Point X is average so i can't pinpoint D. I found 2 numbers: 112.46 and 112.62 close together so i just take a bigger sl. I try to long this pennant for 120 pips or so to the gray box where i short it towards 104. First lets see if it becomes a pennant. 5 green candles on weekly already. {image}
i think this is what it wants..
after pennant takes shape i try to buy 110.6

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 206 KB
  • #5,638
  • May 31, 2016 6:36am May 31, 2016 6:36am
Quoting longshot_nl
{quote} So i started looking, why move up more? Now i think it may want to complete this cypher. Cyphers Point X is average so i can't pinpoint D. I found 2 numbers: 112.46 and 112.62 close together so i just take a bigger sl. I try to long this pennant for 120 pips or so to the gray box where i short it towards 104. First lets see if it becomes a pennant. 5 green candles on weekly already. {image}
I don't trade any of these patterns, but I do from time to time see how they line up with my levels. Anyway, great effort by you, I can tell you work hard bro, keep it up man...
Look Sharp/Trade Tight
  • #5,639
  • May 31, 2016 6:53am May 31, 2016 6:53am
Quoting PayTheLimit
{quote} I don't trade any of these patterns, but I do from time to time see how they line up with my levels. Anyway, great effort by you, I can tell you work hard bro, keep it up man...
Thank you, i was thinking i maybe was hijacking the thread.
Let me know when my setups line up with your levels. I am very interested.
will short eu 1186 for last dive chart posted before. looks good from here.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 158 KB
  • #5,640
  • May 31, 2016 7:00am May 31, 2016 7:00am
Quoting longshot_nl
{quote} Thank you, i was thinking i maybe was hijacking the thread. Let me know when my setups line up with your levels. I am very interested. will short eu 1186 for last dive chart posted before. looks good from here. {image}
last weeks mid is 1177, I'm working 1180 offers myself...
Look Sharp/Trade Tight
280 traders viewing now