Pat,...

Cable Update (GBPUSD)

Shark, you really don't know when it's time to let it go and shut up. Here is the evidence of your brilliant long-term price action trading. Bring it on. I give you and other members of CIC time to humiliate yourselves to have more fun.

Cable Update (GBPUSD)

Yes, years ago we had 3 Inside Days (ID) per 100 trading days; now it seems we get trapped more often, including reaction off any SH/SL for 30-40 pips. image

Coreg's EW+HP+D/W Range

DmShka, when the market approaches SH or SL on any TF, the first question we should ask ourselves is: is it sweep or run liquidity? Then, look for the evidence on the chart and act accordingly. In our case, you are right, it was an SL hunt.

Coreg's EW+HP+D/W Range

The channel breakout???. The first target 1.3540

Coreg's EW+HP+D/W Range

Bigger picture. What to expect on the HTF (daily). image

Coreg's EW+HP+D/W Range

The weekly high (WH) at 1.3456 held nicely. Now, after the HOD is reached ( GU is in the potential reversal zone for the day), we should pay attention to this level again b/c it can be our retracement level. But before we have YH at 1.3478

Coreg's EW+HP+D/W Range

Elliotway, thank you for the vote of confidence in my skills. As with any technical trading method, the EW also requires a tremendous amount of time to learn. Hours of watching YouTube videos and reading related stuff on the internet. I posted on ...

Coreg's EW+HP+D/W Range

update...GU traded for too long around WH @1.34562. If bears were hoping for a sweep liquidity, it might not happen. Instead, we might deal with run liquidity. image image

Coreg's EW+HP+D/W Range

GU reached the potential reversal zone for today. All eyes on 1.3450

Coreg's EW+HP+D/W Range

Meathead, congratulate your ex-girlfriend for me on regaining her sight and hearing. Does teaching her how to trade gold have something to do with it? Asking for a friend. I'm happy for her. And don't forget to delete your posts where you were ...

Cable Update (GBPUSD)

Not too much changed overnight. If the price stays below the bottom channel's TL, we should target today 1.3311-1.3302. If this does not happen, possible choppy NY session.

Coreg's EW+HP+D/W Range

fex., yeah, but we have seen it before. Again, we have a bearish flag formation with AB=CD pattern (also, suggests continuation to the downside). But we have volatility in both directions. Awesome days with two opportunities getting 60-70 pips in ...

Coreg's EW+HP+D/W Range

The DXY is expected to undergo a retracement lasting at least 3 to 5 days.

Coreg's EW+HP+D/W Range

Decision time for day traders is coming up. image

Coreg's EW+HP+D/W Range

AshleyFX, it was a smart call.

Coreg's EW+HP+D/W Range

After a bearish Gartley pattern, the T#1 is at 1.3391, and T#2 is at 1.3357

Coreg's EW+HP+D/W Range

Target for today hit. Do we get more?

Coreg's EW+HP+D/W Range

After expanded flat correction (a)-(b)-(c), a new high is expected (that's the theory). Tough level to overcome seems to be 1.3400 for now. image image

Coreg's EW+HP+D/W Range

msqk, that's why I trade on target. If the market goes much farther, I will biatch later. Today the targets were: 1.3311-127.2% extension of (a)-(b) swing. Pivot point S2 @1.3311. The decent distance of 2 levels from PP to S2 that we shot for. And ...

Coreg's EW+HP+D/W Range