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The Swamp

  • #9,401
  • Oct 2, 2016 10:27pm Oct 2, 2016 10:27pm
Quoting MetBo
Usdmxn could probably touch 20.12 before next major bear move
18.94 looks wanted. shooting for 18.27 retrace
those who can, do. those who cant, talk about those who can
  • #9,402
  • Oct 3, 2016 1:04am Oct 3, 2016 1:04am
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!!
  • #9,403
  • Oct 3, 2016 2:07am Oct 3, 2016 2:07am
Looks like the Pound is getting punished today
  • #9,404
  • Oct 3, 2016 2:14am Oct 3, 2016 2:14am
Any of you folks sees the 1.1143-1.1086 as a viable target for E/U by the end of this week ?
Why sell the bottoms when you can buy the tops...
  • #9,405
  • Oct 3, 2016 2:43am Oct 3, 2016 2:43am
Quoting JustAndy
Any of you folks sees the 1.1143-1.1086 as a viable target for E/U by the end of this week ?
#9'404

approximately orders
I try daily range ~1.1235 (just now), 1.1260, 1.1345 (if so) short with targets around ~ 1.1150 & 1.1080 (if so) by rule of thumb.
expected profit: 15% (with several orders at various entry & exit points)

I think that Gatorinla has a more qualified scale in the focus to eurusd.
  • #9,406
  • Oct 3, 2016 2:50am Oct 3, 2016 2:50am
Quoting Forexcube
{quote} #9'157 ..& once again usdmxn, short @ 19.622 favored aspects to take the a-train south. monthly divergence could manage the power.
#9'1896

exit @ 19.29, + 33.3
  • #9,407
  • Oct 3, 2016 3:08am Oct 3, 2016 3:08am
Do we see any bounce on GU? Or do we short all the way down to 1.25ish ??? Any suggestions welcome
  • #9,408
  • Edited 5:00am Oct 3, 2016 4:26am | Edited 5:00am
gu 2830 abcd pattern and target.
edit: 2782 is another (bigger) target i look at.

Attached Image (click to enlarge)
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  • #9,409
  • Oct 3, 2016 4:28am Oct 3, 2016 4:28am
Quoting Freelve
Do we see any bounce on GU? Or do we short all the way down to 1.25ish ??? Any suggestions welcome
not expecting much before eg 877x79, i had a little s for 8530.. thar gap open stopped me. i plan on buying gu near low.. the low is 90 pips lower atm,, its going to make a LL or go to 1.39 norm is my guess. 1.39 over a risk of less than 90 pips for a chance at 1000 pips.. so if one zooms into a smaller tf.. its possible to cut the 90 pips to a smaller number of risk.. the trend is down, in that logic the trade is a falling knife. to me the r2r is also a factor that can outweigh it. at eg 877x , gu may be better able to bounce
those who can, do. those who cant, talk about those who can
  • #9,410
  • Oct 3, 2016 4:54am Oct 3, 2016 4:54am
Quoting gatorinla
{quote} not expecting much before eg 877x79, i had a little s for 8530.. thar gap open stopped me. i plan on buying gu near low.. the low is 90 pips lower atm,, its going to make a LL or go to 1.39 norm is my guess. 1.39 over a risk of less than 90 pips for a chance at 1000 pips.. so if one zooms into a smaller tf.. its possible to cut the 90 pips to a smaller number of risk.. the trend is down, in that logic the trade is a falling knife. to me the r2r is also a factor that can outweigh it. at eg 877x , gu may be better able to bounce
Thanks gator.
  • #9,411
  • Oct 3, 2016 8:21am Oct 3, 2016 8:21am
buyer gbpusd at lows, I've got some levels on 1.2770, 1.2774xx, also. will look for bounces to fifo some.
atm 2847
Attached Image
  • #9,412
  • Oct 3, 2016 8:21am Oct 3, 2016 8:21am
Quoting edyraper
buyer gbpusd at lows, I've got some levels on 1.2770, 1.2774xx, also. will look for bounces to fifo some. atm 2847{image}
got 1.2831/2
  • #9,413
  • Oct 3, 2016 8:35am Oct 3, 2016 8:35am
Quoting Don96
{quote} got 1.2831/2
Good r:r, thanks for the level. How is your en longs doing monthly candle also looks good could be a bounce till 1.70+...
  • #9,414
  • Oct 3, 2016 8:35am Oct 3, 2016 8:35am
If gu broke 2795 Jul low I guess i was thinking she wouldn't stop so quick. Looks like a line in the sand for sellers. 10 am est may shine some light on it.
  • #9,415
  • Oct 3, 2016 8:36am Oct 3, 2016 8:36am
If one fifo can reduce risk/loss.
  • #9,416
  • Oct 3, 2016 8:39am Oct 3, 2016 8:39am
Quoting edyraper
{quote} Good r:r, thanks for the level. How is your en longs doing monthly candle also looks good could be a bounce till 1.70+...
closed them all, few got stopped out b.e, didnt re enter on the retrace... RBNZ probs cut rates... i changed to GU and lost a bit of what i made, got a few minor testers underwater atm, looking around here now
  • #9,417
  • Oct 3, 2016 8:43am Oct 3, 2016 8:43am
Quoting edyraper
If one fifo can reduce risk/loss.
When you say fifo you mean close a portion of the trade when green in order to pay for stops on the remaining position right?
  • #9,418
  • Oct 3, 2016 8:50am Oct 3, 2016 8:50am
Quoting Don96
{quote} closed them all, few got stopped out b.e, didnt re enter on the retrace... RBNZ probs cut rates... i changed to GU and lost a bit of what i made, got a few minor testers underwater atm, looking around here now
I'm s/o on GU earlier, looking for some longs at lows. If one is not sure about what will FED do or whatever dollar will do and thinks gbp is cheap, eurgbp is going in shorting area, look for Gator levels or previous highs for some pips...

Quoting goosebone
{quote} When you say fifo you mean close a portion of the trade when green in order to pay for stops on the remaining position right?
Yeah, kinda. Depends on the pair, adr, time of the day, pa, timeframe.

...........
Grool, now we have like/dislike buttons on FF.
  • #9,419
  • Oct 3, 2016 10:22am Oct 3, 2016 10:22am
pending gu long 2801,, stop below 2796.. usd/cad wants my stop.. my only hope is the next and 1/2 h & h to close below 3146 then 3124..looks dire atm. i thought it would hit 3005 or 3051.. or even 2954 with some close support 2957 at some point. even with the quarter, month, week bullish close. i did expect previous candle retrace. week did it some on its.. the month and q i expected it to be deeper. and even possibly catch a bull oil wave to 2047.

oil is important for usd/cad.. wti has a low at 47.86.. i think it needs 47.67 for a possible st bounce. or .19 cents lower. i don't know if i am right about .19 being enough to cause a bounce. i don't know how much higher .19 pushes cad. if oil mimics this little setup.. wti would go to 49.5x.. that would put brent nearer the 56 norm minimal expected before larger oil drop to brent 14.xx. in the st after 47.67 usd/cad may fall.
those who can, do. those who cant, talk about those who can
  • #9,420
  • Oct 3, 2016 10:29am Oct 3, 2016 10:29am
Nothing till RBA...
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