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The Swamp

  • #11,261
  • Mar 10, 2017 12:30am Mar 10, 2017 12:30am
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!!
  • #11,262
  • Mar 10, 2017 4:06am Mar 10, 2017 4:06am
long gu hourly support 2145, sl LL(-14).

..
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News trading by MaxDoom
Quoting MaxDoom
{quote}
this can be adjusted imo

Good News with bull trend:
can add to the trend
if better than expected can add to the trend further
if as expected could see profit taking
if below expectation could see selling

Good News with bear trend:
can add buying pressure
if better than expected can cause pullback
if as expected can have little effect
if below expectation can add to the bear trend
Nice and enough Friday bounces
  • #11,263
  • Mar 10, 2017 5:44am Mar 10, 2017 5:44am
Quoting gatorinla
https://www.forexfactory.com/showthr...=9620991#reply missed uj entry so far. stopped on the gu last week. was up 200+, but ended with 30. i was early.. repeat wash and rinse. i don't have time to play st trades atm. year trades so far less then 50%. but i am keeping my stops small. less screen watching, more living. surgery is few and far between. i just need one to make my year. eu 1087 would do that. meanwhile i have the ups and downs of the pa....
almost there high up to 115.50 atm.. it can go higher, but this was missed before drop. and its near the threshold of 2 pips of keeping a small bear path valid from a month back. 116.59/60 is as close as i can get to that risk.
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those who can, do. those who cant, talk about those who can
  • #11,264
  • Mar 10, 2017 5:56am Mar 10, 2017 5:56am
usdx is below the 101.xx mid now. i still think it will end up at 96.xx or 95.xx or lower. and later a 108+ run. but that may take years. usdx should yield eu 1.1086 or more
those who can, do. those who cant, talk about those who can
  • #11,265
  • Mar 10, 2017 5:58am Mar 10, 2017 5:58am
Quoting gatorinla
but that may take years.
Very stable market, good job FED.
  • #11,266
  • Edited 6:19am Mar 10, 2017 6:06am | Edited 6:19am
Closed 592 long. Took a short at 648. SL-17

L.E. -moved SL to BE
Why sell the bottoms when you can buy the tops...
  • #11,267
  • Mar 10, 2017 6:16am Mar 10, 2017 6:16am
Quoting edyraper
{quote} Very stable market, good job FED.
warm winter on top of low unemployment. it just don't get better... chart still has a massive oil drop valid. if one wants to build a high energy intensive product like cars/steel.. its cheaper to build them where the energy is cheapest. even if a u.s. worker make 6x as much over china .. its still will be cheaper than china because energy is the highest % of the cost.. china will still be cheaper for basket weaving.. but N. America will have the cheaper NG. so mexico, u.s., canada have that advantage along with the ocean shipping cost advantage for NA consumed products. asia and even european products sold in the u.s. have to be on the ocean twice generally. one boat ride for the raw materials, another for finished product. not only does N.A. have the cheaper energy at the valve. it doesn't have to ship the energy on a ship. that's why early on car plants were located next to a coal supply. the rule was 2 tons of coal for 1 ton of iron. economics 101, if the china government is lowering the subsidies for energy. it will cost chinese producers more to place a product in the americas. even if the labor is cheaper. the pendulum will swing toward gravity center
those who can, do. those who cant, talk about those who can
  • #11,268
  • Mar 10, 2017 6:59am Mar 10, 2017 6:59am
Quoting gatorinla
{quote} warm winter on top of low unemployment. it just don't get better... chart still has a massive oil drop valid. if one wants to build a high energy intensive product like cars/steel.. its cheaper to build them where the energy is cheapest. even if a u.s. worker make 6x as much over china .. its still will be cheaper than china because energy is the highest % of the cost.. china will still be cheaper for basket weaving.. but N. America will have the cheaper NG. so mexico, u.s., canada have that advantage along with the ocean shipping cost advantage...
Consumption also important.
  • #11,269
  • Mar 10, 2017 7:08am Mar 10, 2017 7:08am
Quoting JustAndy
Closed 592 long. Took a short at 648. SL-17 L.E. -moved SL to BE
Closed for 22 pips.

Have a nice weekend folks!
Why sell the bottoms when you can buy the tops...
  • #11,270
  • Mar 10, 2017 7:23am Mar 10, 2017 7:23am
Quoting gatorinla
{quote} almost there high up to 115.50 atm.. it can go higher, but this was missed before drop. and its near the threshold of 2 pips of keeping a small bear path valid from a month back. 116.59/60 is as close as i can get to that risk. {image}
And missed again...
Did you take the short trade anyway?
  • #11,271
  • Mar 10, 2017 9:01am Mar 10, 2017 9:01am
SHORT
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A good trader follows his rules, but great trader knows when to break them
  • #11,272
  • Mar 10, 2017 9:57am Mar 10, 2017 9:57am
Quoting ill_be_back
SHORT {image}
Got a better Entry, Out of 1st with a few
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A good trader follows his rules, but great trader knows when to break them
  • #11,273
  • Mar 10, 2017 10:35am Mar 10, 2017 10:35am
Also Shorted EU 677, tight stop above 68
  • #11,274
  • Mar 10, 2017 11:05am Mar 10, 2017 11:05am
Quoting nonlinear
Also Shorted EU 677, tight stop above 68
Maybe another 10-12 before Drop
A good trader follows his rules, but great trader knows when to break them
  • #11,275
  • Edited 11:42am Mar 10, 2017 11:26am | Edited 11:42am
Quoting ill_be_back
{quote} Maybe another 10-12 before Drop
s/o 688, will look to reenter if price action looks ok
  • #11,276
  • Mar 10, 2017 12:01pm Mar 10, 2017 12:01pm
Quoting edyraper
{quote} Consumption also important.
they are still a young economy. but they are showing signs of importing more than they export. a economy like the u.s. has done this, as china exported more value.. raw materials in at one price, then finished and exported at a higher price. that's great as long as it remains that way. when it turns to where you're importing more than you export. it's a different economy. its giving your wealth away, and you can't sustain that forever. the u.s. did it for 40 years. the u.s. had to drive down its interest rates near 0 to do it. maybe that's china's next game plan. i don't know.
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those who can, do. those who cant, talk about those who can
  • #11,277
  • Mar 10, 2017 12:04pm Mar 10, 2017 12:04pm
Quoting jaxx80
{quote} And missed again... Did you take the short trade anyway?
i will wait
those who can, do. those who cant, talk about those who can
  • #11,278
  • Mar 10, 2017 1:51pm Mar 10, 2017 1:51pm
Quoting ill_be_back
SHORT UJ {image}
Quoting Connors
{quote} I set tp @114.65 but the more the merrier of course. Thanks man, always a fan of you.
Closed @114.75 mate, thanks for the call, didnt want to keep it over the weekend.
Will you be holding it?
  • #11,279
  • Mar 10, 2017 2:21pm Mar 10, 2017 2:21pm
Quoting gatorinla
{quote} now the month, and the week/day closed below 101.52. after being above. Yelen has rate raise. as a done deal this month, mostly. so it may be, baked in.. counter to and attraction to 97.xx or 96.xx or less.. the 4h has a possible usd rise probably after 101.06x.. 100.41/.. this 4 h is in pullback mode till after 101.06.. this is probably the general consensus of most analysis for a bullish usd. i still prefer to wait till 97 or 96 as stated pullback. admittedly i may be wrong or late/early or all of these. nearer 100.41 has less 4h risk...
week once again below 101.52 with close.

an example of a b/o could be here whenever usd decides to move.. like said i may be early for 97 or 96.. but this is where 101.51 becomes important.. most have the usd as getting stronger. i do also think this should happen.. but before an attraction to 97 or 96 can happen, even if i eventually expect 108.xx before the real usd drop ..
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those who can, do. those who cant, talk about those who can
  • #11,280
  • Mar 10, 2017 3:58pm Mar 10, 2017 3:58pm
Quoting Connors
{quote} {quote} Closed @114.75 mate, thanks for the call, didnt want to keep it over the weekend. Will you be holding it?
Out, Will re-enter Sunday
A good trader follows his rules, but great trader knows when to break them
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