birdland, you are correct. I'm sorry. My page wasn't updated. There's no excuse; it shouldn't happen. Thank you. Corrected.

Coreg's EW+HP+D/W Range

The daily pivot point S2 is @1.3429. It can get ugly if broken.

Coreg's EW+HP+D/W Range

Waveski, is this Meathead's photo after 23 days in long trade, and still nothing to show for the "effort"? LOL.

Cable Update (GBPUSD)

A very weak rebound to the potential zone for wave 4 (touching only the bottom level @1.3533) and yesterday's NR4 bar opened the door for the drop. The zone for the potential wave 5 is between 1.3431 and 1.3402. As of right now, GU is at the double ...

Coreg's EW+HP+D/W Range

navk, the standard target is still in play, but the market is dull. Same with MES-futures S&P 500- (range so far is 10 pts. ) image image

Coreg's EW+HP+D/W Range

navk, not so fast, my friend. Two days of trading, five sessions, and GU still hadn't reached the 1.3532 retracement level (38.2%), which is the minimum target for either ABC or a 1-5 pattern. The consolidation zone, marked by a cyan ellipse, is an ...

Coreg's EW+HP+D/W Range

Pat, when I read it the first time, I thought I was in the Twilight Zone. If I sent this quote for "stupid trader championship competition," it would be the sure winner.

Cable Update (GBPUSD)

navk, spot opens at 8 am NY time. Futures FX at 8:20 and the NY Stock Exchange at 9:30 (pit session). That's why I use them. image 15M TF image

Coreg's EW+HP+D/W Range

The first resistance zone is between 1.3531 (R1) and 1.3560 (YH). Enjoy

Coreg's EW+HP+D/W Range

I'm a big Dow Theory fan, so I follow PA on the chart, disregarding all mumbo jumbo because it's impossible to guess in advance how all participants in the market will react.

Cable Update (GBPUSD)

image

Cable Update (GBPUSD)

...since powell is a man of integrity and wont help humpty destroy americas economy That's funny if you emphasize the word integrity...LOL

Cable Update (GBPUSD)

If you play a weekly range, where would you take the profit? Would you hold the trade if the price return into the range, or drop below point (a) @ 1.3586? Would you average when the price drops below the 50% weekly range at $1.3537? You need to ...

Coreg's EW+HP+D/W Range

zoom in ...

Coreg's EW+HP+D/W Range

Min for wave (c) at 1.3521 didn't stop the fall. Now, we are watching the support level at 1.3434 from the daily chart to see how the market will react around this level if the price reaches it. Min for the day was made (87 pips ATR(14)).

Coreg's EW+HP+D/W Range

I can't emphasize enough the importance of having strong skills in market structure analysis in this business. There are hundreds of videos on the subject that help us understand what a liquidity sweep is, a liquidity run, which highs are strong, ...

Coreg's EW+HP+D/W Range

Overnight, GU held nicely at WH @ 1.3590, but 1.3575 remains my target for today if the YL breaks down again.

Coreg's EW+HP+D/W Range

If you are bullish, you want the market to go above 1.3668 and hold the price.

Coreg's EW+HP+D/W Range

Make no emotional decisions; stick to your playbook. Examine the daily bar after the close.

Coreg's EW+HP+D/W Range

navk, you might be right. I use timing on the lower TF to avoid jumping the gun too early.

Coreg's EW+HP+D/W Range