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The Swamp

  • #8,601
  • Aug 25, 2016 6:23am Aug 25, 2016 6:23am
Quoting MaxDoom
{quote} greetings There is a reason I have not been trading EU much of late, the medium/long term outlook is currently difficult to call.... the EU rate is at levels not seen since early 2000s leaving us with a bit of a blank canvas and the world economies are all fighting battles trying to balance employment, growth, rates etc. etc. so the differentiation between them is narrowed. and remember trading always comes down to direction and direction is easier to anticipate when the differentiation is greater than normal. that said here is a monthly...

Thanks for the detailed view man, much appreciated.
Better opportunities where, you are trading heavily equities I know. Is that the right place to be?
  • #8,602
  • Aug 25, 2016 6:40am Aug 25, 2016 6:40am
Quoting Connors
{quote} Thanks for the detailed view man, much appreciated. Better opportunities where, you are trading heavily equities I know. Is that the right place to be?
looks like you got the better entry @ 94 as it failed just under my entry zone I had to settle for 87

regards other investments, yes been heavily concentrating on equities especially with the brexit vote which meant a lot of portfolio changes needed to be made before and after.
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  • #8,603
  • Aug 25, 2016 6:59am Aug 25, 2016 6:59am
Quoting MaxDoom
{quote} looks like you got the better entry @ 94 as it failed just under my entry zone I had to settle for 87 regards other investments, yes been heavily concentrating on equities especially with the brexit vote which meant a lot of portfolio changes needed to be made before and after. {image}

Understood, I dont have a large account to be able to trade equities the way I want to that is the reason I avoid it but yes you are right.

I set tp like you @1.1235 but will be very careful closer we get there as said before.
Thanks again man, please stay here it is so good to hear your views.
  • #8,604
  • Aug 25, 2016 7:05am Aug 25, 2016 7:05am
Quoting MaxDoom
{quote} looks like you got the better entry @ 94 as it failed just under my entry zone I had to settle for 87 regards other investments, yes been heavily concentrating on equities especially with the brexit vote which meant a lot of portfolio changes needed to be made before and after. {image}
so the doom man is finally back. interesting you talk about 1.15-1.21 area but yellen will have to be way too dovish or US will have to print a negative GDP to reach there. I don't see either of that happening. yellen will be thrown out if trump wins and she really deserves the axe for the way she is misguiding investors. another cockshit guy is carney who should be packed home. talking abt the euro 1.1230 is huge support which will cause a breakout on the downside going all the way to 1.1180 and then 1.1149
  • #8,605
  • Aug 25, 2016 8:04am Aug 25, 2016 8:04am
Quoting gatorinla
{quote} u owe me your first born. if gu manage atm level 8511s to make 3332, it may get some type of slapdown. kiwi 7454 area .. uj 103.5.. later 1.39 on gu seems normal b4 drop. '' eg supportive .8509 ish area. a bounce to 8774 still likely when bear tires
if u took it u may want to set b.e. r maybe take some. i will b.e.
those who can, do. those who cant, talk about those who can
  • #8,606
  • Aug 25, 2016 8:16am Aug 25, 2016 8:16am
Quoting gatorinla
{quote} sometimes its best not to be greedy. i am looking for a bounce but don't have a target other than 1.247 LT. if it got to 1.17 test. that would be ok. atm its near 1266.. it may have some st R 1284 area +- 20/30.. it hasn't reached st 1241 yet and i am not watching. i have a pending slightly above. it may find support above 1235 st. but my stops r below 1235. i am treating 1235 as a supportive area. 1241/35 is kind of a pinpoint place to look for a bounce. its been to 1244 so i may be wrong.
evindenty i did miss st 1241 and my long entry. its not always right. i am not long because its not what the pa suggest. uj is above that blue dotted line. and i do have it likely to go to 103.5x. gu is below that dotted line. both of those side with usd strength at least st. meanwhile eu is above its dotted line. s/r areas circled on all. i still wait for eu and 1241 despite being above. i may be wrong. but in this case i am not in, so its free to be wrong. its not that i dont want to long it or gu. or short uj. i will if this setup matures. atm for me is not the right time. for gu to go to 1.39, brent oil may find 56.xx norm before 14
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those who can, do. those who cant, talk about those who can
  • #8,607
  • Aug 25, 2016 8:25am Aug 25, 2016 8:25am
Quoting gatorinla
{quote} evindenty i did miss st 1241 and my long entry. its not always right. i am not long because its not what the pa suggest. uj is above that blue dotted line. and i do have it likely to go to 103.5x. gu is below that dotted line. both of those side with usd strength at least st. meanwhile eu is above its dotted line. s/r areas circled on all. i still wait for eu and 1241 despite being above. i may be wrong. but in this case i am not in, so its free to be wrong. its not that i dont want to long it or gu. or short uj. i will if this setup matures....
if eu now reaches 1305 before 1241.. i may be wrong.. that 1305 was earlier 1314.. in a previous post. its kinda splitting hairs, because its a small st pa slice pointing to 1241. with a low at 1243. some reevaluation in above scenario concerning 1241 may be 112x.. but i have to withhold that atm w/o 1305.. 1305 could change 1241 or even direction st. like said i would prefer a clean shot at 1241 not to muddy waters
those who can, do. those who cant, talk about those who can
  • #8,608
  • Aug 25, 2016 10:00am Aug 25, 2016 10:00am
Quoting gatorinla
{quote} if eu now reaches 1305 before 1241.. i may be wrong.. that 1305 was earlier 1314.. in a previous post. its kinda splitting hairs, because its a small st pa slice pointing to 1241. with a low at 1243. some reevaluation in above scenario concerning 1241 may be 112x.. but i have to withhold that atm w/o 1305.. 1305 could change 1241 or even direction st. like said i would prefer a clean shot at 1241 not to muddy waters
eu appears to be attempting 1241 atm. some intraday support at 1270 to get below, to make 1241.. then some possible support 235 area. noted in chart. +- . treat 1235 as a area. a close below 1270 this next 1/2 is weighs toward 1241. my trade based on 1241 and the 1235 area holding support. it got to 1243 yesterday, that wasnt good enough for my entry to trigger at 1243.. 1241 +spreadish.. with a pending trade i can't know the spread beforehand.
those who can, do. those who cant, talk about those who can
  • #8,609
  • Edited 12:05pm Aug 25, 2016 11:02am | Edited 12:05pm
Pending BUY
cancelled
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A good trader follows his rules, but great trader knows when to break them
  • #8,610
  • Aug 25, 2016 11:38am Aug 25, 2016 11:38am
Quoting MaxDoom
{quote} looks like you got the better entry @ 94 as it failed just under my entry zone I had to settle for 87 regards other investments, yes been heavily concentrating on equities especially with the brexit vote which meant a lot of portfolio changes needed to be made before and after. {image}
 
Mr doom your eu worked welll another 20 pips in the bag. You should visit the swamp more often
 
  • #8,611
  • Aug 25, 2016 11:40am Aug 25, 2016 11:40am
Quoting gatorinla
{quote} eu appears to be attempting 1241 atm. some intraday support at 1270 to get below, to make 1241.. then some possible support 235 area. noted in chart. +- . treat 1235 as a area. a close below 1270 this next 1/2 is weighs toward 1241. my trade based on 1241 and the 1235 area holding support. it got to 1243 yesterday, that wasnt good enough for my entry to trigger at 1243.. 1241 +spreadish.. with a pending trade i can't know the spread beforehand.
 
Closing some eu now. Leaving the rest targeting 1241
 
  • #8,612
  • Aug 26, 2016 1:49am Aug 26, 2016 1:49am
Quoting longshot_nl
its kinda shitty that gator is far more bullish on eu then me atm. closed half my shorts because of rejection like pa and a bird in the hand. if 1230/22 gets met or 1318 is met in about 18 hours from now i may get some shorts @ 1318 anyways.
todays r2 is @ 1318 so i give it a shot.
  • #8,613
  • Aug 26, 2016 3:10am Aug 26, 2016 3:10am
Quoting Freelve
{quote} Â Mr doom your eu worked welll another 20 pips in the bag. You should visit the swamp more often Â
it replayed right into the entry zone 1.130x this morning - I was not around to catch it. However, a second entry point on the break of the daily pivot zone 1.1279 will setup for S2 at 1.1241 then below that there is the weekly S1 and last months high 1.119x
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  • #8,614
  • Aug 26, 2016 4:10am Aug 26, 2016 4:10am
Quoting MaxDoom
{quote} it replayed right into the entry zone 1.130x this morning - I was not around to catch it. However, a second entry point on the break of the daily pivot zone 1.1279 will setup for S2 at 1.1241 then below that there is the weekly S1 and last months high 1.119x {image}

Thanks for the chart man, I wait for another run to the daily high to take a short or your 1.1279.
Have a great trading day!
  • #8,615
  • Aug 26, 2016 4:20am Aug 26, 2016 4:20am
Quoting Connors
{quote} Understood, I dont have a large account to be able to trade equities the way I want to that is the reason I avoid it but yes you are right. I set tp like you @1.1235 but will be very careful closer we get there as said before. Thanks again man, please stay here it is so good to hear your views.



100% right
  • #8,616
  • Aug 26, 2016 4:27am Aug 26, 2016 4:27am
today some more gdp news. i will not be at laptop on the news release. i trimmed my pending positions 50%. a bad gdp would make a fed hike harder or opposite with a good one. s/r on knee jerk on chart. pa atm is about = between the s/r areas circled. just before official news release it may press the opposite way. the last gdp report was terrible.
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those who can, do. those who cant, talk about those who can
  • #8,617
  • Aug 26, 2016 4:33am Aug 26, 2016 4:33am
Quoting gatorinla
{quote} eu appears to be attempting 1241 atm. some intraday support at 1270 to get below, to make 1241.. then some possible support 235 area. noted in chart. +- . treat 1235 as a area. a close below 1270 this next 1/2 is weighs toward 1241. my trade based on 1241 and the 1235 area holding support. it got to 1243 yesterday, that wasnt good enough for my entry to trigger at 1243.. 1241 +spreadish.. with a pending trade i can't know the spread beforehand.
1270 held, 3206 gu is today's like# eu 1290. 1270 may have expired now.
those who can, do. those who cant, talk about those who can
  • #8,618
  • Aug 26, 2016 4:38am Aug 26, 2016 4:38am
Quoting gatorinla
{quote} 1270 held, 3206 is today's like#. 1270 may have expired now.
Is that a typo mate? 1.13206? Sorry for asking, I know you type fast and have typos time to time.
  • #8,619
  • Aug 26, 2016 5:07am Aug 26, 2016 5:07am
Quoting gatorinla
{quote} 1270 held, 3206 gu is today's like# eu 1290. 1270 may have expired now.
not to weigh much into last h close with news today. plus its friday. eu and gu closed below on the st bear side. i had gu 3096 in mind, but its below 3113 support area. eu the same as yesterday 1241 area. but a good gdp may blow through these.
those who can, do. those who cant, talk about those who can
  • #8,620
  • Aug 26, 2016 5:08am Aug 26, 2016 5:08am
Quoting Connors
{quote} Is that a typo mate? 1.13206? Sorry for asking, I know you type fast and have typos time to time.
i missed your post here.. i had changed it between.. that was gu.. eu 1290 is like 1270
those who can, do. those who cant, talk about those who can
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