Coreg's EW+HP+D/W Range | Page 137 | Forex Factory

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Coreg's EW+HP+D/W Range

  • #2,721
  • Jun 11, 9:38am (7 hr ago) Jun 11, 9:38am (7 hr ago)
Quoting Coreg2004
{quote} GU makes the second approach to take out the 1.3411 level. {image}
Targeting zone for bullish Gartley pattern @1.3331-1.3318
Attached Image (click to enlarge)
Click to Enlarge Name: GU 06.11 30M.jpg Size: 70 KB

Scratch it. AB=CD at 1.3318 is the target. The top of the ozne was reached when I wrote the post.
Always trade your own plan...I don't provide trading signals.
  • #2,722
  • Jun 11, 9:45am (6 hr ago) Jun 11, 9:45am (6 hr ago)
Quoting Coreg2004
{quote} Gold has reached the zone for a bullish bat pattern. Don't rush with counter-trend trade. Be sure HH-HL on your trigger TF were printed. If the zone fails the next target is the test of wave 4 @3886...ufff {image}
Gold update. Gold futures almost touched the level @ wave 4. Spot is lagging.
Attached Image (click to enlarge)
Click to Enlarge Name: Gold 06.11 daily.png Size: 70 KB

Attached Image (click to enlarge)
Click to Enlarge Name: MGC 08-26 (Daily) 2026_06_11 (10_48_44 AM).png Size: 46 KB
Always trade your own plan...I don't provide trading signals.
  • #2,723
  • Jun 11, 9:48am (6 hr ago) Jun 11, 9:48am (6 hr ago)
Quoting Coreg2004
{quote} Gold update. Gold futures almost touched the level @ wave 4. Spot is lagging. {image}
Hi Coreg, how high of a bounce do you expect on gold?
  • #2,724
  • Jun 11, 9:59am (6 hr ago) Jun 11, 9:59am (6 hr ago)
Quoting Mitiblotch
{quote} Hi Coreg, how high of a bounce do you expect on gold?
Miti, what TF? On the daily TF, we still don't know if wave (c) is done. When the swing low/high is broken (4103.5), I look for 127.2-161.8% extention as my targets. In our case, it's 3893-3625. Sure, it doesn't always happen, and the swings are enormous.
If the current low holds, and 4103.5 is broken to the upside, I would look for 4287. But it's too much wishing as of right now.
Always trade your own plan...I don't provide trading signals.
  • #2,725
  • Jun 11, 10:10am (6 hr ago) Jun 11, 10:10am (6 hr ago)
Quoting Coreg2004
{quote} Miti, what TF? On the daily TF, we still don't know if wave (c) is done. When the swing low/high is broken (4103.5), I look for 127.2-161.8% extention as my targets. In our case, it's 3893-3625. Sure, it doesn't always happen, and the swings are enormous. If the current low holds, and 4103.5 is broken to the upside, I would look for 4287. But it's too much wishing as of right now.
Thank you. Price has been acting jittery
  • #2,726
  • Jun 11, 12:48pm (3 hr ago) Jun 11, 12:48pm (3 hr ago)
Quoting Coreg2004
{quote} Targeting zone for bullish Gartley pattern @1.3331-1.3318 {image} Scratch it. AB=CD at 1.3318 is the target. The top of the ozne was reached when I wrote the post.
One piece of good news can change the perspective on the intra-day direction. Expect the unexpected.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 06.11 15M.jpg Size: 73 KB
Always trade your own plan...I don't provide trading signals.
  • #2,727
  • Jun 11, 1:01pm (3 hr ago) Jun 11, 1:01pm (3 hr ago)
Quoting Coreg2004
{quote} Gold update. Gold futures almost touched the level @ wave 4. Spot is lagging. {image} {image}
Who said it is impossible?
Edit. I updated chart.
Attached Image (click to enlarge)
Click to Enlarge Name: Gold 06.11 1Hb.png Size: 67 KB
Always trade your own plan...I don't provide trading signals.
  • #2,728
  • Jun 11, 3:09pm (1 hr 30 min ago) Jun 11, 3:09pm (1 hr 30 min ago)
Quoting Coreg2004
{quote} Who said it is impossible? Edit. I updated chart. {image}
I was monitoring the chart at the same time ,
I guess a major spike before reading any news .
Those who dare to fail miserably can achieve greatly.” ~ John F. Kennedy.
  • #2,729
  • Jun 11, 3:24pm (1 hr 16 min ago) Jun 11, 3:24pm (1 hr 16 min ago)
Quoting mhmdghaeni
{quote} I was monitoring the chart at the same time , I guess a major spike before reading any news .
mhmdghaeni, it was a matter of time because GU hit important numbers for the day. DRE, HP's, although I wasn't expecting such a run to the upside. The prior day range is my bread and butter for day trading.
Attached Image (click to enlarge)
Click to Enlarge Name: RangeTrading.PNG Size: 9 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GU 06.11 30Mb.jpg Size: 66 KB
Always trade your own plan...I don't provide trading signals.
  • #2,730
  • Jun 11, 3:51pm (48 min ago) Jun 11, 3:51pm (48 min ago)
Quoting Coreg2004
{quote} mhmdghaeni, it was a matter of time because GU hit important numbers for the day. DRE, HP's, although I wasn't expecting such a run to the upside. The prior day range is my bread and butter for day trading. {image} {image}
LOD and HOD consept have 50 / 50 winrate easily .
with R:R 1:2 its a extremely powerful system
Those who dare to fail miserably can achieve greatly.” ~ John F. Kennedy.
  • #2,731
  • Last Post: Jun 11, 4:28pm (11 min ago) Jun 11, 4:28pm (11 min ago)
Quoting mhmdghaeni
{quote} LOD and HOD consept have 50 / 50 winrate easily . with R:R 1:2 its a extremely powerful system
Much higher. However, I'm not overly concerned about the risk-to-reward ratio because I'm focused on day trading. I aim to capture 30-60 pips per day during the New York session, not necessarily from a single trade. There are days when I may end up below 30 pips, even after two trades.
Always trade your own plan...I don't provide trading signals.
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