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- Coreg2004 replied 3 hr ago
Update...
- Coreg2004 replied 7 hr ago
Whale, yes @1.2425 is still in play. After the ABC pattern, we set the zone for the potential 4th wave @1.2503-.xx15, and if the zone is respected the target would be 1.2425. The level to watch in case of violation is 1.2529
- Coreg2004 replied 24 hr ago
The last 2 hours of trading...if you want to squeeze the last pip. See you tomorrow.
- Coreg2004 replied 26 hr ago
Retracement to the ABC pattern took 9 days, so if we have only corrected it now, it should last at least 3-5 days. The April low should be tested. We see. Stay in your TF.
- Coreg2004 replied 27 hr ago
We need a new low for today to have confidence inthis short trade.
- Coreg2004 replied 31 hr ago
Yesterday GU made the ID/NR4 bar. We can expect today's range to be extended if YL or YH is breached. On these days both YH/YL can be tested.
- Coreg2004 replied May 6, 2024
Update...
- Coreg2004 replied May 6, 2024
Potential plays for today—strong resistance zone between 1.2611-.xx23 and bullish Gartley pattern if GU decides to go down.
- Coreg2004 replied May 4, 2024
Why is that?
- Coreg2004 replied May 3, 2024
If anyone trades indices the afternoon session starts now. Continuation of the morning trend (down) or do we go up to the close?
- Coreg2004 replied May 3, 2024
TV, if you think about the crab pattern on the weekly chart (XA leg in cyan oval) it can be part of AB=CD or bearish butterfly pattern. Tell me if I got the wrong initial leg...I was completely unprepared for the ISM data release. I missed the trade. ...
- Coreg2004 replied May 3, 2024
I'm in on time...Lucky me...
- Coreg2004 replied May 3, 2024
TV, I get a good fill, but sometimes the desktop platform crashes. I monitor my short trade with TD. Didn't put TP on it @1.2577.
- Coreg2004 replied May 3, 2024
To stay sharp and focused you need to decide which pattern you trade. Use your base TF to analyze PA. If the market permits, you can trail the market to get extra pips. But trading on the target is not bad, especially during data announcements. Use ...
- Coreg2004 replied May 2, 2024
I hope with this warning you got a few extra pips and held to the next resistance zone.
- Coreg2004 replied May 2, 2024
Whale, if the Dollar cooperates, yes. But currently, DXY has a strong support zone on the daily TF although the channel contains (so far) the further move-up.
- Coreg2004 replied May 2, 2024
If the price gets into the interest zone follow the PA to spot the signs if the zone will hold or break.
- Coreg2004 replied May 2, 2024
SC, I'm not saying I know better, but the zone for a bullish bat pattern needs to hold otherwise it can get ugly for long trades. The Daily ATR(14) is almost done with 40pips/points move today.
- Coreg2004 replied May 2, 2024
SkullCandy, what is your method of trading? if you can reveal...
- Coreg2004 replied May 2, 2024
Maybe news (unemployment claims) moves the market. So far, it's slow and hard to commit to either side.