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Coreg2004 replied Aug 18, 2020Only according to my rules...Min ABC correction (50%) almost reached, min correction for the week also, I have limit order at 105.35 and TS 1BH on 15M chart... Always possible 62% ret. I just don't want to give back 25 pips...
shahab8b...It ...
Weekly COT report Analysis + Trade Ideas
- Coreg2004 replied Aug 16, 2020
Yes, Bones, your scenario is very much in play right now...In my previous post, I talked about how I apply TL's to my method of trading. Of course, it's perfectly fine to run TL hooked to HL or LH on any TF regardless of what EW theory is ...
Weekly COT report Analysis + Trade Ideas
- Coreg2004 replied Aug 15, 2020
Bones, we need to keep TL to the same degree...Remember that (iv)th can poke thru TL but has to move inside the channel and continue to W(v)
Weekly COT report Analysis + Trade Ideas
- Coreg2004 replied Aug 15, 2020
Bones, forget about ABC for now just look at the last sequence of the trend from mid-June and compare it with the ideal wave scheme below... image By my chart, I determined that GU is in making or has already made (I don't know it for sure) W(iv). ...
Weekly COT report Analysis + Trade Ideas
- Coreg2004 replied Aug 15, 2020
Bones, not much changed and GU is still in the process of completing W(iv)...
Weekly COT report Analysis + Trade Ideas
- Coreg2004 replied Aug 14, 2020
Yes, I have ATR on the chart and also 127.2% Ext. and set a limit order to take profit @ 1.31445, 2.1pips below the level...not generous enough to satisfy a broker?...
Weekly COT report Analysis + Trade Ideas
- Coreg2004 replied Aug 14, 2020
Yeah, I saw your chart with a triangle on it and expect some crazy $hit until it will be resolved...I didn't want to give up another 15 pips to check if GU resumes upward move
Weekly COT report Analysis + Trade Ideas
- Coreg2004 replied Aug 14, 2020
out of GU, sacrificed 25 pips... ouch
Weekly COT report Analysis + Trade Ideas
- Coreg2004 replied Aug 13, 2020
shahab8b, if the zone for potential W4 is busted most likely is ABC pattern and expected correction should reach 61.8-78.6% ret. zone. have you ever thought about delaying entry? for instance to use 1BH or 1BL after the market gets to your zone?
Weekly COT report Analysis + Trade Ideas
- Coreg2004 replied Aug 13, 2020
shahab8b, do you play with the time in you trading?
Weekly COT report Analysis + Trade Ideas
- Coreg2004 replied Aug 13, 2020
shahab8b, sometimes when I read the comments on FF about EW/HP I have the urge to cancel comedy channel from my cable package... anyway let's see what afternoon session brings us...Here is EW combine with harmonic pattern- deep crab... url
Weekly COT report Analysis + Trade Ideas
- Coreg2004 replied Aug 13, 2020
shahab8b, yes indeed, check this link for targets... url
Weekly COT report Analysis + Trade Ideas
- Coreg2004 replied Aug 13, 2020
GU and UCAD...also at the end of the patterns...
Weekly COT report Analysis + Trade Ideas