Coreg's EW+HP+D/W Range

Quoting Coreg2004

Disliked

{quote} GU is much weaker... {image}

Ignored

Quoting rehmatkhan00

Disliked

{quote} it looks like GU will make ABC pattern {image}

Ignored

Quoting Coreg2004

Disliked

{quote} watch for the roadblocks on the way up... {image}

Ignored

Quoting Coreg2004

Disliked

{quote} Yep, again 30 pips range. Yesterday I was lucky b/c the bounce of lows was nice. {image}

Ignored

Quoting rehmatkhan00

Disliked

{quote} yup there are some handles in the way but I usually focus on 1hr and higher than one hour chart because it gives me a good accuracy and smaller timeframes like 30mint and 15mint, I usually use them for early entry.

Ignored

Quoting Coreg2004

Disliked

{quote} rehmatkhan, I'm familiar with 1H TF, but for my needs (prior day range trading) I often show only support/resistance zones on 15M TF b/c these targets on 1H are far away. I'm a 30-60 pips trader b/c that's what I can get with good probability during the NY session.{image} {image}

Ignored

Quoting rehmatkhan00

Disliked

{quote} my target depends on swing movement on one hour timeframe and it requires a lot of patience but the good thing is that y8u don't have to see chart again and again. Besides the accuracy on higher timeframe is amazing even if I am stopped out, I still make some good profit.

Ignored

Quoting Coreg2004

Disliked

{quote} rehmatkhan, my way of thinking as a day trader. For instance, GU has a daily ATR(14) for today 105 pips. The level was reached during the beginning of the NY session. I expect a bounce of 50-60% if I'm lucky that's about 53-63 pips from the bottom so I set my TP at 1.2193-1.3003. I didn't enter C-T trade b/c I have full hands with Micro ES (futures) in the afternoon session unless the currency market is sluggish. If you can make 30 pips/ day on average (after losing trades) monthly you can come up with 600 pips. How many months did the EU...

Ignored

Quoting rehmatkhan00

Disliked

{quote} I am also a day trader and i am talking about swings on one hour which are usually 40 to 100 pips for eu honestly I can't wait for a trade for one or two weeks

Ignored

Quoting Coreg2004

Disliked

{quote} Target hit. Awesome day. {image} targets for the EU might be taken from higher TF. I had the resting sell limit but most likely wouldn't hold longer anyway. DXY updated chart below.{image}

Ignored

Quoting Coreg2004

Disliked

{quote} The dollar showing weakness on 2H TF. {image} Go figure...from yesterday.{image}

Ignored

Quoting rehmatkhan00

Disliked

{quote} It looks like eu has completed 5 waves and it may either do some deeper correction or completely resume its downward trend if the bear market is not done yet. {image}

Ignored

Quoting Coreg2004

Disliked

{quote} Alternate count. I'm not saying your labeling is wrong, I'm just pointing out that an alternate count might be possible. My labeling is wrong if the market drops below 1.0275 before making a new high. {image}

Ignored

Quoting rehmatkhan00

Disliked

{quote} or it mmaybe like this ? {image}

Ignored

Quoting rehmatkhan00

Disliked

{quote} {image}

Ignored

Quoting Coreg2004

Disliked

{quote} We deal with dynamic trend analysis, so adjustment is required especially on lower TFs. Set your eyes on the box with the end of wave and you are ready to trade. You are good to go as long as you know when your labeling is off. {image} {image} {image}

Ignored

Quoting Coreg2004

Disliked

{quote} The dollar showing weakness on 2H TF. {image} Go figure...from yesterday.{image}

Ignored

Quoting Coreg2004

Disliked

{quote} We deal with dynamic trend analysis, so adjustment is required especially on lower TFs. Set your eyes on the box with the end of wave and you are ready to trade. You are good to go as long as you know when your labeling is off. {image} {image} {image}

Ignored

Quoting rehmatkhan00

Disliked

{quote} if wave 4 do more than 50 percent correction then the chances of 5th wave failure also increase.

Ignored