{quote} ...the direction depends on the CPI result and how MM's choose to react to the result...
Price Action Trading (PAT) - Amplifying Market Insights
- #1,822
- Nov 14, 2023 5:39am Nov 14, 2023 5:39am
- Joined Oct 2009 | Status: Trader | 5,673 Posts
Always trade your own plan...I don't provide trading signals.
- #1,823
- Nov 14, 2023 6:50am Nov 14, 2023 6:50am
- Joined Oct 2009 | Status: Trader | 5,673 Posts
Get ready for tomorrow's trading day. Note all important levels from the daily chart. Candlestick patterns anyone? {image}
Always trade your own plan...I don't provide trading signals.
- #1,824
- Nov 14, 2023 7:03am Nov 14, 2023 7:03am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,555 Posts
INDEXES Beside Forex, we should look at Indexes. The move only in short period, during London/NYSE open and closed. They tend to move following price structure and less manipulative. The drawback, if you're wrong side of the trade, they bite you big time.........Current trades US 100- double break retest, Structure HL maintain.{image} US 30 -same set up. Structure going up, Wait got CHoCH and pullback{image} Then we got US500{image} and the heavy weight NASDAQ.{image}
INDEXES Trades
carried forward trades for US CPI data
US 100
US 30
US 500
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
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- #1,825
- Nov 14, 2023 7:06am Nov 14, 2023 7:06am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,555 Posts
{quote} EU Partial and will add later for balance of swingtrades {image}
US CPI day
Open position on positive stop
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
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- #1,826
- Nov 14, 2023 7:11am Nov 14, 2023 7:11am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,555 Posts
Dollah Index correction ABC {image}
Projectd yesterday.
Actual today
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
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- #1,828
- Nov 14, 2023 7:54am Nov 14, 2023 7:54am
- Joined Oct 2009 | Status: Trader | 5,673 Posts
Always trade your own plan...I don't provide trading signals.
- #1,829
- Nov 14, 2023 8:07am Nov 14, 2023 8:07am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,555 Posts
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #1,830
- Nov 14, 2023 8:08am Nov 14, 2023 8:08am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,555 Posts
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #1,831
- Nov 14, 2023 8:17am Nov 14, 2023 8:17am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,555 Posts
We have technical set up line up and about to take those trades, but we have this feeling of not conformable and wanting to see more confirmation to take those trades.
Honestly, I do feel the same, but we must pass this to becoming real traders....
Profit and discomfort stand side by side.
Find the setup that scares you the most because that’s the one you need to trade.
Don’t expect it to feel good until you take your profit.
If it did, everyone else would be trading it.
Ancient wisdom from the East: " What at first brings pleasure in the end gives only pain, but what at first causes pain ends up in great pleasure."
Honestly, I do feel the same, but we must pass this to becoming real traders....
Profit and discomfort stand side by side.
Find the setup that scares you the most because that’s the one you need to trade.
Don’t expect it to feel good until you take your profit.
If it did, everyone else would be trading it.
Ancient wisdom from the East: " What at first brings pleasure in the end gives only pain, but what at first causes pain ends up in great pleasure."
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #1,832
- Nov 14, 2023 8:24am Nov 14, 2023 8:24am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,555 Posts
{quote} EU US CPI day Open position on positive stop {image}
End of scalping
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
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{quote} Dollar index as projected for US CPI data release. Projectd yesterday.{image} Actual today{image}
What's the best way to reach you? WhatsApp, IG or Telegram...please treat as important
.
- #1,834
- Nov 14, 2023 9:34am Nov 14, 2023 9:34am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,555 Posts
Recommended books
This is masterpiece that every trader needs to read.
When you have time, read it at least 2 or 3 times a year.
It will open your mind to more creative ways in trading.
Will educated yourself to different ways of approaching a trade.
This book is full of "trading" (not investing") advice.
Is any of his advice relevant today?
While his techniques may not work for the modern trader, much can still be learned from this book.
He says it best when he says that, although cadets at West Point need not study archery as practiced by the ancients, "Weapons change, but strategy remains strategy, on the New York Stock Exchange as on the battlefield.... `
The principles of successful stock speculation are based on the supposition that people will in the future will continue to make the mistakes that they have made in the past.'"
"Reminiscences of a Stock Operator" is written in a very matter-of-fact style that is easy to read.
It is a very interesting book to read and a window on another era.
Still, many of the lessons and strategies are still useful for the modern trader.
It takes us to a world where powerful men moved the markets from behind the scenes, how their mind worked, how they studied the crowd, how scamsters operated and so on.
Regards
Pat CHIKO
This is masterpiece that every trader needs to read.
When you have time, read it at least 2 or 3 times a year.
It will open your mind to more creative ways in trading.
Will educated yourself to different ways of approaching a trade.
This book is full of "trading" (not investing") advice.
Is any of his advice relevant today?
While his techniques may not work for the modern trader, much can still be learned from this book.
He says it best when he says that, although cadets at West Point need not study archery as practiced by the ancients, "Weapons change, but strategy remains strategy, on the New York Stock Exchange as on the battlefield.... `
The principles of successful stock speculation are based on the supposition that people will in the future will continue to make the mistakes that they have made in the past.'"
"Reminiscences of a Stock Operator" is written in a very matter-of-fact style that is easy to read.
It is a very interesting book to read and a window on another era.
Still, many of the lessons and strategies are still useful for the modern trader.
It takes us to a world where powerful men moved the markets from behind the scenes, how their mind worked, how they studied the crowd, how scamsters operated and so on.
Regards
Pat CHIKO
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #1,835
- Nov 14, 2023 12:56pm Nov 14, 2023 12:56pm
- Joined Nov 2020 | Status: Trader | 2,471 Posts
We have technical set up line up and about to take those trades, but we have this feeling of not conformable and wanting to see more confirmation to take those trades. Honestly, I do feel the same, but we must pass this to becoming real traders.... Profit and discomfort stand side by side. Find the setup that scares you the most because that’s the one you need to trade.
- #1,836
- Nov 14, 2023 1:14pm Nov 14, 2023 1:14pm
- Joined Oct 2009 | Status: Trader | 5,673 Posts
We have technical set up line up and about to take those trades, but we have this feeling of not conformable and wanting to see more confirmation to take those trades. Honestly, I do feel the same, but we must pass this to becoming real traders.... Profit and discomfort stand side by side. Find the setup that scares you the most because that’s the one you need to trade.
Always trade your own plan...I don't provide trading signals.
- #1,837
- Nov 14, 2023 3:21pm Nov 14, 2023 3:21pm
- Joined Sep 2013 | Status: Trader | 25,183 Posts
{quote} EU End of scalping{image}
people leave, but this thread will go on for ever
- #1,838
- Nov 14, 2023 8:44pm Nov 14, 2023 8:44pm
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,555 Posts
NASDAQ
Bullish outlook.
Short term/ Intermediate pullback W 2 
Bullish outlook.
Short term/ Intermediate pullback W 2
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #1,840
- Nov 14, 2023 9:12pm Nov 14, 2023 9:12pm
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,555 Posts
{quote} Pat, here is one. Price is in the zone for an ideal potential wave 4...with 100 pips risk as of right now. {image}
Thanks COREG for your informative chart and count.
For my initial count it is W3 completed, with minor pullback to W4 later with UK high impact data release.
I didn't put much detail in it, as this simplified chart is for guidance only.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104