Coreg's EW+HP+D/W Range

Quoting Abeylyn

Disliked

{quote} That precisely on my mind before sighting your message. Why risk 25% into waste of time and energy when it's possible to identify when liquidity will be totally dried up ? Need to resharpen my mental faculty.

Ignored

Quoting Coreg2004

Disliked

{quote} At the end of the wave, we face the decision time: hold 'em or fold 'em. Do I want to sit through a potential retracement of 50 pips, or do I take the profit and wait for the next opportunity to jump in? It's discretionary trading, and we make quite a few decisions daily. Sometimes, we are right on the money, and sometimes, we are not. {image}

Ignored

Quoting Coreg2004

Disliked

{quote} At the end of the wave, we face the decision time: hold 'em or fold 'em. Do I want to sit through a potential retracement of 50 pips, or do I take the profit and wait for the next opportunity to jump in? It's discretionary trading, and we make quite a few decisions daily. Sometimes, we are right on the money, and sometimes, we are not. {image}

Ignored

Quoting Coreg2004

Disliked

{quote} GU reached overnight wave C or 3, so now I set the zone for potential wave 4 (1.2657-1.2628) if GU intends to go up again, if it does not, breaking the 1.2613 level will lead to a bigger correction. {image}

Ignored

Quoting Coreg2004

Disliked

{quote} update... {image} {image}

Ignored

Quoting ThaoAnh

Disliked

Thanks guru Coreg2004 Charts is very nice

Ignored

Quoting Abeylyn

Disliked

{quote} EWN 4 is Buy & hold and it must surely work well.

Ignored

Quoting Coreg2004

Disliked

{quote} Abeylyn, idk, if wave 4th is in place or not. It all depends on your risk, where you enter the trade, or whether you are willing to sit through the potential abc ret. or not. That's why I don't give a piece of advice only present options the trader has at the moment. What can I say, it's discretionary trading. {image}

Ignored

Quoting Coreg2004

Disliked

The rest of the day can be tough to trade b/c GU has already hit 120% daily ATR(14). {image}

Ignored

Quoting Coreg2004

Disliked

If you follow the Dollar chart trading majors here is one. BPC stands for breakout, pullback, continuation. {image}

Ignored

Quoting Mitiblotch

Disliked

{quote} What do you see on GU? That pair is annoying. Took me out of my shorts and now looks like it might head down to my intended TP.

Ignored

Quoting Coreg2004

Disliked

{quote} Miti, GU has been in the downtrend for more than 2 months (TL sloping down). Minimum retracement was made (abc). Do we know if Nov. 22 is the end of pullback? Of course not. Close above 1.2845 will invalidate short trades on the daily TF. If GU decides to go down the drop should continue to Dec. 16-17. That's theory. {image}

Ignored

Quoting Coreg2004

Disliked

GU, 30M and the daily charts. {image} {image}

Ignored