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The Swamp

  • #6,761
  • Jul 5, 2016 1:54pm Jul 5, 2016 1:54pm
Bought UCAD, looks to have legs.
  • #6,762
  • Jul 5, 2016 1:57pm Jul 5, 2016 1:57pm
Quoting edyraper
{quote} already short 56, 1368 next if it happens...
I had 56 but didnt take it. What your short target?
  • #6,763
  • Jul 5, 2016 1:59pm Jul 5, 2016 1:59pm
Quoting edyraper
{quote} Yearly R2 is 1400ish probably going to hit that 1400, I hope I'll be around when that happens...
If it manages that high then I see it heading up to 1440 before any significant retrace . 1390 and above and im bullish. Whats r2 btw?
  • #6,764
  • Jul 5, 2016 2:06pm Jul 5, 2016 2:06pm
Quoting Freelve
{quote} I had 56 but didnt take it. What your short target?
1280 ish to book some rest probably 117x then will see things may change down there

Quoting NaughtyPip
{quote} If it manages that high then I see it heading up to 1440 before any significant retrace . 1390 and above and im bullish. Whats r2 btw?
2nd yearly resistance, donno let's see what happens if it gets there.
  • #6,765
  • Jul 5, 2016 2:12pm Jul 5, 2016 2:12pm
Quoting edyraper
{quote} 1280 ish to book some rest probably 117x then will see things may change down there {quote} 2nd yearly resistance, donno let's see what happens if it gets there.
Thanks edy. Opened position now also
  • #6,766
  • Edited 3:05pm Jul 5, 2016 2:33pm | Edited 3:05pm
Pending short 3016 Ucad risking -10
....
stops green ...
Attached Image
  • #6,767
  • Jul 5, 2016 3:03pm Jul 5, 2016 3:03pm
Quoting nonlinear
Bought UCAD, looks to have legs.
same here - i got an nice entry TP - at 1.31 - yet I am not sure why it has that nice PA
Might have something to do with WTI but also support there now.

So not sure if it will hit my TP also big resistance there
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #6,768
  • Jul 5, 2016 3:06pm Jul 5, 2016 3:06pm
Quoting Pharm0r
You guys expecting a bounce? Looks suspect to me. EU is flaggy and why anyone would buy GU other than for a few pips escapes me
I am expecting a bounce - Have large SL for now and small position.
I played the move from short side - I am too afraid to continue for the short side without a bounce.

I should stay cash - I'm using G/J - might get some help from U/J

Have a nice evening guys
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #6,769
  • Jul 5, 2016 3:19pm Jul 5, 2016 3:19pm
Quoting gatorinla
uj long above 101.38.. tight stops below. 101.38
Thanks for the uj call gator.
  • #6,770
  • Jul 5, 2016 3:27pm Jul 5, 2016 3:27pm
Selling ucad. No clear break of 1.3000. We tradimg in a tumnel now. So head down now
  • #6,771
  • Jul 5, 2016 3:35pm Jul 5, 2016 3:35pm
Gator talks about the importance of learning the personality of the pairs and I try to focus on that. Ive only been trading forex a couple years, mostly eu. Been riding gu down since brexit day. In and out. A few good runs. One big one. And some decent scalps. Definitely a difference in personality. Gu rides like my old 76 Plymouth duster after I popped a brake line. There's a pin in the master cylinder that might just stop you on the line and save your ass if you didn't gas it too much and you planned ahead. Makes eu feel like a moped. Quick out of the hole and stops on a dime. Took one more gu short at 3038 stops at 78. I think if 3000 is breached we sail again. Either way, good times for trading.
  • #6,772
  • Jul 5, 2016 4:07pm Jul 5, 2016 4:07pm
Quoting gatorinla
{quote} better than mine.. {image}
closed mine.. ny close below 3041 and 3022
those who can, do. those who cant, talk about those who can
  • #6,773
  • Jul 5, 2016 5:06pm Jul 5, 2016 5:06pm
Without much else, GU perhaps may respect a whole number or two. 1.30, 1.25, 1.2?? Outside of some bank getting involved. Just feels like it is gonna get nasty before it gets better
  • #6,774
  • Jul 5, 2016 5:29pm Jul 5, 2016 5:29pm
Quoting nonlinear
Without much else, GU perhaps may respect a whole number or two. 1.30, 1.25, 1.2?? Outside of some bank getting involved. Just feels like it is gonna get nasty before it gets better
Was thinking along same lines with whole numbers. The not much else I have managed to find is weekly closes for 84/85 and use line graph to try make something of it.

Not much help but ill upload it anyway.
Attached Image (click to enlarge)
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  • #6,775
  • Jul 5, 2016 5:58pm Jul 5, 2016 5:58pm
Quoting micho
this is what is called a wtf chart {image}
and this is what is called an extended wtf chart
seriously AUD NZD!!!
Attached Image (click to enlarge)
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When life gives you lemons, make lemonade
  • #6,776
  • Jul 5, 2016 6:16pm Jul 5, 2016 6:16pm
LONG
S/O
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A good trader follows his rules, but great trader knows when to break them
  • #6,777
  • Jul 5, 2016 7:44pm Jul 5, 2016 7:44pm
Closed some UCAD at 3022, still holding another
  • #6,778
  • Edited 8:17pm Jul 5, 2016 7:57pm | Edited 8:17pm
Quoting edyraper
Pending short 3016 Ucad risking -10 .... stops green ... {image}
thinking 8293/91 eg, before 8557/51. (8376?)
Attached Image
those who can, do. those who cant, talk about those who can
  • #6,779
  • Jul 5, 2016 8:33pm Jul 5, 2016 8:33pm
UCAD


Pair is literally floating on thin air
The coincidental success is more dangerous than the expected failure
  • #6,780
  • Jul 5, 2016 8:59pm Jul 5, 2016 8:59pm
Quoting gatorinla
{quote} thinking 8293/91 eg, before 8557/51. (8376?) {image}
splat..
those who can, do. those who cant, talk about those who can
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