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- Coreg2004 replied 11 hr ago
Decision time. Hold 'em or fold 'em.
- Coreg2004 replied 16 hr ago
We might see the tough trading today in GU. 1.25550 can be hard to take out unless Consumer sentiment helps.
- Coreg2004 replied 35 hr ago
Zone to watch @1.2536-1.2547 in case GU goes bananas.
- Coreg2004 replied 37 hr ago
Whale, the devil's advocate is here...Watch for possible failure of the move down in these green zones. Step by step, don't rush to the conclusion...I'm not saying you're wrong, I have this option on the table, too.
- Coreg2004 replied 39 hr ago
There is still a possible push to the upside on the 15M chart to complete the (c) wave. But all can slow down before the FOMC decision.
- Coreg2004 replied 40 hr ago
The market cooperated nicely so far. Possible that the end of wave C has been reached.
- Coreg2004 replied May 8, 2024
Update...
- Coreg2004 replied May 8, 2024
Whale, yes @1.2425 is still in play. After the ABC pattern, we set the zone for the potential 4th wave @1.2503-.xx15, and if the zone is respected the target would be 1.2425. The level to watch in case of violation is 1.2529
- Coreg2004 replied May 7, 2024
The last 2 hours of trading...if you want to squeeze the last pip. See you tomorrow.
- Coreg2004 replied May 7, 2024
Retracement to the ABC pattern took 9 days, so if we have only corrected it now, it should last at least 3-5 days. The April low should be tested. We see. Stay in your TF.
- Coreg2004 replied May 7, 2024
We need a new low for today to have confidence inthis short trade.
- Coreg2004 replied May 7, 2024
Yesterday GU made the ID/NR4 bar. We can expect today's range to be extended if YL or YH is breached. On these days both YH/YL can be tested.
- Coreg2004 replied May 6, 2024
Update...
- Coreg2004 replied May 6, 2024
Potential plays for today—strong resistance zone between 1.2611-.xx23 and bullish Gartley pattern if GU decides to go down.
- Coreg2004 replied May 4, 2024
Why is that?
- Coreg2004 replied May 3, 2024
If anyone trades indices the afternoon session starts now. Continuation of the morning trend (down) or do we go up to the close?
- Coreg2004 replied May 3, 2024
TV, if you think about the crab pattern on the weekly chart (XA leg in cyan oval) it can be part of AB=CD or bearish butterfly pattern. Tell me if I got the wrong initial leg...I was completely unprepared for the ISM data release. I missed the trade. ...
- Coreg2004 replied May 3, 2024
I'm in on time...Lucky me...
- Coreg2004 replied May 3, 2024
TV, I get a good fill, but sometimes the desktop platform crashes. I monitor my short trade with TD. Didn't put TP on it @1.2577.
- Coreg2004 replied May 3, 2024
To stay sharp and focused you need to decide which pattern you trade. Use your base TF to analyze PA. If the market permits, you can trail the market to get extra pips. But trading on the target is not bad, especially during data announcements. Use ...