Coreg's EW+HP+D/W Range

Quoting Coreg2004

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{quote} I'm not sure if DXY hit the bottom yet. It looks to me like the waves are not finished. Let's see how the Dollar will go through this imminent resistance zone 101.47-101.90. {image}

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Quoting rehmatkhan00

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{quote} It looks like EU is highly likely to hit 1.1020 after breaking to the south by the end of this week. {image}

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Quoting Coreg2004

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{quote} There is a possibility for 1.1034 (bullish crab pattern) but today we hit 120%daily ATR(14) already. ...unless... {image}

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Quoting Coreg2004

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GU is still making retracement with LH-LL. {image}

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Quoting Coreg2004

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Gold is still making the last section of the pattern (that's what I think). I've marked the swing 4-5 as an ending diagonal abcde. After wave 5 is in place, the targets are marked by a cyan ellipse. The minimum timing for the drop as of today is Sep. 12. The standard zone for the end of wave (v) is @2509-2519 {image} {image}

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Quoting Coreg2004

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and finally my 3rd instrument I trade -micro S&P futures. Potential bearish bat pattern forming. {image}

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Quoting Coreg2004

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{quote} Gold is finally showing signs of distribution. {image}

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Quoting Fardeen1209

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{quote} Looks like market positioning thrmselves for very bad nfp, next week. Rest of data is noise.

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Quoting Coreg2004

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{quote} Fardeen, I wonder if they are guessing or know something. For the last 7-8 days there has been no commitment at S&P and Gold.

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Quoting Fardeen1209

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{quote} Could be. All i know dollar was at support, rest is at top. After that sell off in dollar, we need to expect a retracement at some point. This is why i keep buying UJ, expecting to go to 152. Yesterday i sold gold, joining you, since you have been in shorts for almost 1 week i guess. Even Patsi sold gold. The only 2 traders that can change my mind, is my 2 teacher

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Quoting Coreg2004

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{quote} Fardeen, no, I don't discriminate the long trades. In the last 9 days, I got 6 short entries at the beginning of the Pit Session (8:20 a.m.-1:30 p.m. ET-dark shade on my chart) and 1 at Tokyo open. During the first two hours of the session, the gold makes about 35% of the daily range (12 pts) which is satisfactory to me as a day trader. I'm not particularly eager to watch price traveling like Jo-jo - back and forth. {image}

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Quoting Fardeen1209

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{quote} I also did some longs and shorts scalping along the way which is a bit useless to talk about, since it is always a quick in and out. What i love to discuss here is swing trading as i used the same size as scalping, just my holding period become longer. Saw an ending diagonal on gold daily tf, possibility for reversal. However, main structure still holding. If 2471 level broken, a swing failure set will form on daily tf. Open the trap door

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Quoting Coreg2004

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{quote} Fardeen, check the weekly chart...There is an ID bar with an opportunity to catch the direction after the extreme break.

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Quoting Coreg2004

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{quote} The target for today has been reached. {image}

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Quoting Coreg2004

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{quote} The weekly low was taken out—3 targets on the chart. {image}

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Quoting Coreg2004

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On the daily TF, the first hurdle to the downside to overcome is the prior swing high at X @1.3146 then 1.3078 {image}

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Quoting Coreg2004

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{quote} Micro S&P holding strong so far... {image}

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Quoting Fardeen1209

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{quote} I suppose we are in wave B, US500 {image} Waiting for external MSS before going short, to reduce the percentage of losing trades. The wave B was a bit longer than i thought. EDIT: Had to re-add lower tf counting (was messy when zoom out) US500 2hr FVG-Inversion {image}

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