Han2019, bears accomplished their objective for the week, 161.8% Ext of the weekly range reached...but the day/week isn't over yet.

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Moty, I won't duplicate your charts any more...I promise.

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definitely is Friday today...

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Moty, if you only stayed with your analysis you would have the last laugh here 90% of the time...

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HaLBot, I know you aren't prone to the mean posts, besides I am thick-skinned animal and my middle name is Teflon...It's all good HaLBot.

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possible it can happen to me on the street but not in the market (all breaks are in place to prevent it)

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possible cemetery in construction for bears...

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Bones, do you use time analysis in your trading?...daily chart 13 days up, 4 down so far...4H chart sideways to down until tomorrow at 9 p.m. NY time, minimum...it doesn't affect my day trading bc it's a different animal.

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not at all, I just like to know what I am missing...

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Ok, I have YL at 1.2347...thanks

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@knkie, why is 1.2343 level so important for you? what I am missing?

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Han2019 I am a big believer in preparation and trading the plan devised on own methodology...you know what suits you the best, of course asking the questions is always useful, that's what we are here for- interaction.

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Han2019, it was very good try with potential for 25 pips unfortunately market made extension in W_V (that's how I see it)

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Han2019, ...you keep in mind that we do not always get the full target ( I'm not saying it's or isn't the case here). Be sure you are prepared for more than one outcome... Good luck with your trading.

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just the charts ( H&S and AB=CD patterns were covered already today by other traders)

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I am illiterate in politics so I depend only on the chart with patterns I trade but I always welcome volatility, as a matter of fact from the beginning of September I expect GU to have the range of 150 pips/day.

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Moty, might go down a little bit because I covered my short before AB=CD complete...Murphy's law is glued to me.

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Han2019, If you are a bull for GU you expect corrective W_c to stop above or at the beginning of the move (Sep.03) and then the end of W_c would become your W:2. At this point, you would choose to trade GU to the upside for 1-2-3-4-5 pattern mining ...

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Moty, do you still play H&S pattern?... Just be aware of it if you don't. Edit: Sorry, should be 1H chart, my bad.

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If you know your strategy/method/playbook and objective (different TF=different objective) you will know how to use these charts otherwise ask the questions. Good luck to all.

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