I went with standard ratios for the zone of (v)th wave. GU just needs to show us a reversal pattern LH-LL on 15M TF. Good weekend shahab8b.

Weekly COT report Analysis + Trade Ideas

shahab8b, the same with GU...where is the end of (v)th???

Weekly COT report Analysis + Trade Ideas

3 Drives or 5th diagonal makes the most sense...

Weekly COT report Analysis + Trade Ideas

the question is if this happens without retracement first? Daily chart the most important right now... Maybe go with the channel like Elliott to pinpoint the end of W_5... image

Weekly COT report Analysis + Trade Ideas

Thanks Boulder, on intraday TF 5th seems not to be done yet although I am out after 1.618 ext was hit.

Weekly COT report Analysis + Trade Ideas

EU continues strong to PRZ but no hurry with reversal because DXY is still very weak ...no serious reaction to 1.618 Ext. so far.

Weekly COT report Analysis + Trade Ideas

thanks Guz, and welcome back ...currently I moved my office to shahab8b thread...

Cable Update (GBPUSD)

If you had a brain for charts patterns most likely you would use them too...Einstain...

Cable Update (GBPUSD)

Decision time coming up for short term traders... image and the DXY image

Weekly COT report Analysis + Trade Ideas

I thought of it, shallow 4th made yesterday, nice eyes shahab8b, very possible

Weekly COT report Analysis + Trade Ideas

second approach to capture W_4 (of course if my labeling is correct). I always keep in mind that I can be wrong and other pattern is in play...4th is a biatch and requires lot of patience with possible 2 entries... image With EU lets monitor DXY ...

Weekly COT report Analysis + Trade Ideas

During American Civil War died 600,000-650,000 people, depends on the source of information... url

The Swamp

Taken out on trail on both units for 20 pips per unit...40 pips in 6 hours...wow

Weekly COT report Analysis + Trade Ideas

shahab8b, it's day trading on 30M TF and managed on 5M design to get 35-60 pips/points per trade...I take profit on half position at AB=CD or at 50% retracement of impuls wave on counter-trand trade...just wanted to show how I day trade, nothing ...

Weekly COT report Analysis + Trade Ideas

AB=CD hit, TS moved to 1.15849... image I fixed the Ext...

Weekly COT report Analysis + Trade Ideas

shahab8b, here is my 5M chart and target based on ABC pattern

Weekly COT report Analysis + Trade Ideas

shahab8b, I wonder if C is already in place or we will see one push up on 30M TF... I shorted based on "120%ATR". Target green zone, SL 1.16149

Weekly COT report Analysis + Trade Ideas

If DXY will continue down possible ABC becoming a 1-2-3-4-5 pattern...just keep eye on it and incorporate it into your method of trading.

Weekly COT report Analysis + Trade Ideas

shahab8b, EU might hit 1.15 finally and GU might be good soon too at least on intraday TF...just don't short heavy based on 30M chart

Weekly COT report Analysis + Trade Ideas

shahab8b, just watch DXY the bat pattern might finally kick in...I don't suggest long or short trade just my observation. I was overnight in drama thread that's why I am so cautious with my posting...

Weekly COT report Analysis + Trade Ideas