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

Let see what happens, I try to take back 30 pips left on the table in the morning...

Weekly COT report Analysis + Trade Ideas

or flat/irregular abc correction and again up...

Weekly COT report Analysis + Trade Ideas

shahab8b, during Tokyo session, check 30M bars from 9:30-10:30 pm NY time usually a time of reversal...don't take my word for it, examine the past days on various pairs.

Weekly COT report Analysis + Trade Ideas

shahab8b, GU might have a monster day ...but I was too quick to close my longs @1.2636...deep correction during Tokyo session messed up my head...I have to have an explanation for the lack of patience image image

Weekly COT report Analysis + Trade Ideas

Anything can happen but.......GU hit 120% daily ATR(14) ...longs caution required...

Weekly COT report Analysis + Trade Ideas

Yes, shahab8b, (you recognize them much earlier-triangles) when we see a retracement of 78.6-88.6% repeating itself after another wave is formed (coiling) possibility of forming a triangle seems increasing. A pattern of complex correction also sways ...

Weekly COT report Analysis + Trade Ideas

so far we have it where we wanted...what is the next possible play after bat pattern? image Just recognize what pattern is forming on "this" TF chart and go with it. Know when the pattern is invalidated so playing defense is important too. Don't ...

Weekly COT report Analysis + Trade Ideas

shahab8b, thanks for the shout in my profile, I saw it yesterday...You are a very kind man, maybe to kind?...

Weekly COT report Analysis + Trade Ideas

Black-Star, very nice scenarios but keep in mind also that triangles can appear in double and triple threes

Cable Update (GBPUSD)

same ol', same ol'... image now interesting chart of EU with ATR and the trade taken after completion of AB=CD pattern...do you remember my rule 80-120% of daily ATR(14) image

Weekly COT report Analysis + Trade Ideas

donfriday, all good, thanks for asking. ...Done for the week, have a nice weekend Donfriaday and all...Next week same place, same hours, it's my new office here in shahab8b thread.

Weekly COT report Analysis + Trade Ideas