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Coreg's EW+HP+D/W Range

  • #21
  • Edited 9:24am May 2, 2024 9:14am | Edited 9:24am
Quoting birdland
{quote} that part with the hedging is very interesting. i experimented a lot with hedging but yet not really satisfied. i dont know how to get out of the bad hedge part. still i average out bad trades or have a simple stop on my positions. maybe one day it will make "click" or "heureka";-)
Yea amigo,I was mastering it for too long,... took ages,but in my opinion im happy with results and vision it gaved me.
Found my edge how to work with it on daily basis. Cause I dont do nothing more.
There should be very strict rules and plan for heding. And I always follow my own rules.As i said earlier, im not afraid to End the day in a loss, cause we all know not everyday should be profitable day,right? I deleted emotions from trading long time ago, that improved my trading journey hard in a good way.
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #22
  • May 2, 2024 10:23am May 2, 2024 10:23am
gold has the ability to enter fly mode.

therefore it still downtrend on ltf..
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  • #23
  • May 2, 2024 10:28am May 2, 2024 10:28am
If the price gets into the interest zone follow the PA to spot the signs if the zone will hold or break.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 05.02 30Mb.png Size: 44 KB
Always trade your own plan...I don't provide trading signals.
  • #24
  • May 2, 2024 10:32am May 2, 2024 10:32am
Quoting SkullCandy
{quote} That zone for me looks good for stops, as i was looking for buys, bought according to my basic setup for execution, 30 sl, i dont use bigger, cause most of the time i hedge on losses, This one is hedge position, so will close one on 1:1RR, to restore my previous loss,and last position will move sl to be,and hold for full tp. Cause my trading plan and rules are so,and i follow them even sometimes i dont like them lol Trade safe,amigo {image} {image}

Sorry for repeating, but will update this one, about your question about trading
Idea itself where to execute a trade was good, and would work,but didnt notice or noticed too late for reenter. Wrote about not looking for third chance,and failed this time cause missed oil chart. Another one to the statistics,still something to gain from this,cause for me it prooves that im seeing it right. (the way i use or Like)
Didnt place price alert, like a bot, and missed opportunity . So additionally as i mentioned about oil, as additional correlation i use for execution , didnt saw Oil bullish candles ( moves) . If i would see this i would manually reenter even higher at 93 (this price was when i stopped hunting process) .
Lets continue this Journey.
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Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #25
  • May 2, 2024 10:49am May 2, 2024 10:49am
Quoting Whale
gold has the ability to enter fly mode. therefore it still downtrend on ltf.. {image}
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.
Attached Image (click to enlarge)
Click to Enlarge Name: DXY 05.02 D.png Size: 45 KB
Always trade your own plan...I don't provide trading signals.
  • #26
  • May 2, 2024 11:11am May 2, 2024 11:11am
Quoting Coreg2004
{quote} 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. {image}
I dont see any correlation between Gold and dxy.. gold became independent
  • #27
  • May 2, 2024 12:09pm May 2, 2024 12:09pm
Quoting Whale
{quote} I dont see any correlation between Gold and dxy.. gold became independent
Whale, yes, I caught myself taking the future gold trade watching the Dollar index and it wasn't pretty but I blamed the range for it. with the trading markets, it can be beneficial, IMO.
Always trade your own plan...I don't provide trading signals.
  • #28
  • May 2, 2024 12:52pm May 2, 2024 12:52pm
Quoting Coreg2004
If the price gets into the interest zone follow the PA to spot the signs if the zone will hold or break. {image}
I hope with this warning you got a few extra pips and held to the next resistance zone.
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Always trade your own plan...I don't provide trading signals.
  • #29
  • May 3, 2024 7:03am May 3, 2024 7:03am
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 PPs, ADR, or ATR to pinpoint the exhaustion point where the market can stop and reverse.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 05.03 30M.png Size: 51 KB
Always trade your own plan...I don't provide trading signals.
  • #30
  • May 3, 2024 7:48am May 3, 2024 7:48am
Did Oanda crash? Does anyone have a problem connecting to it?
Always trade your own plan...I don't provide trading signals.
  • #31
  • May 3, 2024 7:52am May 3, 2024 7:52am
Quoting Coreg2004
Did Oanda crash? Does anyone have a problem connecting to it?
Yes, looks like they are facing some issues. On PC Desktop application not working at the moment. Mobile app is ok.
  • #32
  • May 3, 2024 7:59am May 3, 2024 7:59am
Quoting zuko
{quote} Yes, looks like they are facing some issues. On PC Desktop application not working at the moment. Mobile app is ok.
zuko, thanks. I switched to TD's soon-to-be Schwab platform.
Always trade your own plan...I don't provide trading signals.
  • #33
  • May 3, 2024 8:19am May 3, 2024 8:19am
coreg,
I traded with Oanda about 15 years ago. My experiences were bad.Frozen platform, huge widening of spread..
  • #34
  • May 3, 2024 8:27am May 3, 2024 8:27am
Quoting thevisitor
coreg, I traded with Oanda about 15 years ago. My experiences were bad.Frozen platform, huge widening of spread..
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.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 05.03 3M.png Size: 45 KB
Always trade your own plan...I don't provide trading signals.
  • #35
  • May 3, 2024 8:37am May 3, 2024 8:37am
Quoting Coreg2004
{quote} 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. {image}
any alternatives? You are trading from the USA so you are quiet limited ..
  • #36
  • May 3, 2024 8:47am May 3, 2024 8:47am
Quoting thevisitor
{quote} any alternatives? You are trading from the USA so you are quiet limited ..
TV, I'm an NY session trader. FX, options, and index futures (micro ES) and I have plenty of opportunities to get 30-60 pips/30 points or 0.30-0.60 cents per contract in SPY options.
Always trade your own plan...I don't provide trading signals.
  • #37
  • May 3, 2024 8:51am May 3, 2024 8:51am
coreg, what about weekly on gu?
thank you and again the very best for your thread
  • #38
  • May 3, 2024 8:52am May 3, 2024 8:52am
I'm in on time...Lucky me...
Attached Image (click to enlarge)
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Always trade your own plan...I don't provide trading signals.
  • #39
  • May 3, 2024 8:58am May 3, 2024 8:58am
Quoting Coreg2004
I'm in on time...Lucky me... {image}
sorry, can't open this file
  • #40
  • May 3, 2024 9:01am May 3, 2024 9:01am
Quoting thevisitor
{quote} sorry, can't open this file
ok, now i see
what about this on weekly?:
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