Neil0163, thank you for the invitation I will pass for now. I am very comfortable with my method and will stick with it. I don't want to brag about my TA skills I prefer that my posts speak for it. Good luck with your trading. image I invite you ...

Cable Update (GBPUSD)

Headland, I like quotes from Mike Tyson: 'Everyone has a plan 'till they get punched in the mouth', 'Fear is the greatest obstacle to learning. But fear is your best friend. Fear is like fire. If you learn to control it, you let it work for you. If ...

Cable Update (GBPUSD)

I got the EU where I wanted after the close yesterday but I blew the opportunity...

Weekly COT report Analysis + Trade Ideas

If anyone is interested to become professional trader like @Neil0163, please view the attachments. After studying them for 2-3 months you will be able to come back here and claim that you trade like a banker...enjoy.

Cable Update (GBPUSD)

Yeah, I've been stalking it but didn't do anything during the Tokyo session (up to 10:30 NY time)...missed long entry at morning

Weekly COT report Analysis + Trade Ideas

here is the chart from June, 10th, the last FOMC meeting...80pips bar after statement at 2 pm NY time. image Shahab8b, I will play15M bar as a range after the statement is released...I do this with all major news releases (GDP, NFP,....)

Weekly COT report Analysis + Trade Ideas

shahab8b, I'm saying this because the end of the AB=CD pattern is @1.2990 image but remember that volatility index ATR(14) showing still upside potential image

Weekly COT report Analysis + Trade Ideas

shahab8b, every broker, every MM knows you want to go short @1.3 so they will drive the price to 1.2990 and then drop it...

Weekly COT report Analysis + Trade Ideas

Bones, it's not rocket science, @Georginson was deadly wrong (that's his rights) end of the story...please don't skin the cat... ... I don't play monthly TF but I do this on daily and weekly ranges for a very long time and it works ...

Cable Update (GBPUSD)

shahab8b, as long as ratios between waves are correct any labeling is OK (also 5th might be 12345 and not diagonal)...besides 1.3 is a magnet which will pull the price toward it...I admire anyone who can trade more than 3 pairs at the same ...

Weekly COT report Analysis + Trade Ideas

You might miss 1.3 by a hair...and I am small fish but I love days when 3rd (today-80% of daily ATR(14)) wave starts @8 am NY time

Weekly COT report Analysis + Trade Ideas

shahab8b, yeah, I was contemplating to open short (GU) after 5th diagonal completes, but it's a possibility (strong) that Tokyo session might be boring before FOMC meeting...

Weekly COT report Analysis + Trade Ideas

I more push for today...

Weekly COT report Analysis + Trade Ideas

I am a little bit surprised that UCHF daily doesn't match DXY so far...any bounce should give 30 pips...I wait...on positive note, GU cooperates today without any adjustment

Weekly COT report Analysis + Trade Ideas

As of right now, I see 2 scenarios; either flat or irregular...or something I didn't think of yet or recognize...

Weekly COT report Analysis + Trade Ideas

Don't listen to the devil...

Weekly COT report Analysis + Trade Ideas

GU close to Target #2...I still didn't figure out why @Bones has such high confidence in his TL (yes, I understand their significance) but he matches my method perfectly...unreal...

Weekly COT report Analysis + Trade Ideas

it seems DXY makes capitulation bar but still has some room for reaching max for C...you know Euro is 58% weighted in DXY so is more sensitive to move by the dollar index than other pairs...and don't forget Tuesday is tomorrow, just my thoughts...I ...

Weekly COT report Analysis + Trade Ideas

Awesome...... and now......3 shades of green in PRZ...you know I mess with you?...but I can because you know what you are doing...

Weekly COT report Analysis + Trade Ideas

If W_5 is in place expect deeper correction... Edit: I fixed NY Opening price image As always when trading EU keep an eye on DXY... image

Weekly COT report Analysis + Trade Ideas