I use 100 day ATR, and only entering trades if the target is within reach with regards to Today's HiLow Range vs the 100 day average ATR. its called the Loonie, short for lunatic so i guess its the closest name to be a bastard pair.

The Swamp

Forex is not just used for exports and imports..... the forex trades based on imports and exports and actual corporate demands are called Flow trades. banks make very little commission out of it..... however its thanks to those flow trades which ...

EURUSD

Im still holding my USDCAD short. aiming for 1.2690

The Swamp

Buddy, if the Dollar rallied for last 7 days ahead of FOMC, on an expectation that FOMC was gona hike interest rates then dollar was pricing in the hike.... The risk however is not on dollar to further appreciation when the news comes out. this is ...

EURUSD

i have 1.18568

EURUSD

Hmmmm i understand bigger picture not changed, but personally id be cautions with being too bearish on EURUSD, surprisingly Bund yields is not a certain that ECB wont be hawkish, also quite a few major banks are starting to forecast EURUSD higher ...

The Swamp

My Advise. Do not ignore 1. the Gap on the DXY ~92.80 2. the broken uptrend we are formulating today is indicative of more short term losses in DXY to be expected. Key is what currency is best to take advantage of a dollar weakness in the coming ...

EURUSD

I appreciate your comments, i have a different perspective, but i guess thats why forex trading is a market with different participants with different view points. anyways all the best sir.

EURUSD

green pips to you, im gona call it a day. possibly calling it for the week.. far too much event risk in the later part of this week.

The Swamp

GBPUSD 1.34207 Hit, thats was my original TP if i disregarded yellen....

The Swamp

anyone seeing the cliff dive on USDCAD as mentioned??

The Swamp

you seemed so sure that its more likely EURUSD 100 pip dump rather than a 100 pip pump...

The Swamp

BTW ptl, how are you doing btw?? havent seen you around on twitter.... been trying to message you there.

The Swamp

These are the levels im keeping an eye on... EURUSD 1.18568 GBPUSD 1.34207 USDCAD 1.26893 (this is gona look like a cliff dive....)

The Swamp

i already bagged profits on NZD and AUD longs today, only aimed for the weekly R1s, okay yellen not suggesting much..... no follow through above weekly pivot on the EURUSD, bagged the profits and im staying out until i see another proper signal. but ...

The Swamp

well just to be safe, i bagged my profits, but still staying short on USDCAD at current levels.... just to be safe from yellen... im not expecting any surprise from yellen so im still expecting the dollar to be testing out and playing around that ...

The Swamp

do you not see the breakdown on that chart??

The Swamp

I actually dont think EURUSD is stopping until we revisit the weekly R1 at 1.1856

The Swamp

rate hike was fully priced in.... DXY been rallying for 7 consecutive days ahead of FOMC.... Also fed fund futures has already been at 100% for weeks now.... expect dollar correction If you are longing the dollar, i doubt you will have any reprieve ...

The Swamp

I bet a lot of folks here are going ape shit right now wondering why the USD is crashing despite the Hawkish FOMC statement along with the expected hike.... Answer: its been fully priced in folks...... Dollar rallied for the last 7 days, and Fed ...

EURUSD