- Search Metals Mine
- thelws replied Oct 2, 2019
That eu long might not have much to go up though. 1.0960-ish is going to be a nice place for a lot of people to short. I doubt it can go higher than that before nfp.
The Swamp
- thelws replied Oct 2, 2019
Don't worry. I'm not attacking anyone. Just pointing out that if people followed boulder's stops without having an equal amount of skill, they would probably have a negative expectancy. If you have something that works for you that's great. More ...
The Swamp
- thelws replied Oct 2, 2019
Actually I think the answer is probably more complex. Most people forget that you have a 95% win rate. That means out of 100 trades, 95 are winners, 5 are losers. Assuming each win is 10 pips, You would have a 950 pip positive. The 5 losing trades ...
The Swamp
- thelws replied Oct 2, 2019
EU 0940 will be a wall somewhat. I won't hesitate to close out if it fails to go higher. But still secretly hoping it will make it to 0960. That area currently has a confluence of sorts as a place to short.
The Swamp
- thelws replied Oct 2, 2019
Fighthing all you eu shorts until 0960
Or until 0904 is broken. Seems like we're going to have some choppy at these levels. Opinions are dividedThe Swamp
- thelws replied Oct 2, 2019
adp a little lower than expected. Weirdly all the data coming out this week is negative. Did the world economy slowdown so much? The last big news will be nfp. We might really test that 4h stop before nfp
The Swamp
- thelws replied Oct 1, 2019
I have 1.0963 as a target for EU bulls. Monthly pivot Fib level Obvious S/R 200 ema on 1h chart Holding my longs till roughly there. Will decide more on what to do once price reaches that area.
The Swamp
- thelws replied Oct 1, 2019
It's back to normal. But a shit load of people just got cucked with that 10 pip spread. People gonna wonder why they lost money when they clearly should be in profits.
The Swamp
- thelws replied Oct 1, 2019
lol someone's gonna lose his job in oanda. must have forgotten to hedge the exposure.
The Swamp
- thelws replied Oct 1, 2019
Their dealers got caught in a bad position. it's still 0.2 pip spread on mine.
The Swamp
- thelws replied Oct 1, 2019
Moving stop to BE. Set and forget. Price might not be ready to go higher. Will see what happens in US
The Swamp
- thelws replied Oct 1, 2019
Targetting 1.0910 as first level TP. Secretly hoping it will reach 1.0943 at least.
The Swamp
- thelws replied Oct 1, 2019
EU pmi is all bad. But price doesn't seem to be dropping much. Going to assume it's already priced in. Going to take a chance with long eu long eu @1.0884
The Swamp
- thelws replied Oct 1, 2019
eu Manfacturing pmi data coming out for this hour. If fundamentals remain weak, eu will drift lower. That support will most likely not hold. Imo if you wanna go long, better wait till after the german pmi comes out. If data is negative, but price ...
The Swamp
- thelws replied Oct 1, 2019
A whole bunch of manufacturing data coming out for EU in this hour. If fundamental data remains weak, the bears will probably short without regard for support lines.
EURUSD only
- thelws replied Sep 30, 2019
Euro fundamentals are weak. It's easier for eu to fall than to rise. Unless some unexpected event happens, EU would slowly and painfully drift lower while torturing all the traders.
The Swamp