Choose your poison and trade wisely...

Cable Update (GBPUSD)

despichtt, after the first hour in NY session (Initial balance) I trade only the range on small time frame ( 2M chart) image image

Cable Update (GBPUSD)

Downey50, you are missing the subject of trading with different time frames. Some of us are perfectly fine to seek the trades of 20, 30, or 60 pips on smaller TF than 4H. If we can get 90 or 100 pips during the day even better. Good luck with your ...

Cable Update (GBPUSD)

Agree kinkie, just don't mix TF's ...I day trade with the same TF as you (30M for the setup, 5M for a trigger or 15-3 combo)...

Cable Update (GBPUSD)

becker.invst, excellent read on Dow Theory...just watch for the standard zone of C completion (1.2328-1.2310)

Cable Update (GBPUSD)

Here you have it....

Cable Update (GBPUSD)

yes, ...or close to swing high at 1...all good

Weekly COT report Analysis + Trade Ideas

shahab8b, I have the same pattern on YM, MYM, but my first corrective leg (a) goes to 38.2% of the entire W_5- (that's the rule but market will decide)...Ok, I did the ES chart ... Corrected text and chart...sorry my bad you are right shahab8b.

Weekly COT report Analysis + Trade Ideas

shahab8b, I am small fish, I trade combo charts; 30M for the setup and 5M for the trigger, quick to the take the profit or the loss...target usually 20,30,60 pips/points depends on which wave I trade. Different story with YM, MYM (futures) which has ...

Weekly COT report Analysis + Trade Ideas

from lower TF (5M)

Weekly COT report Analysis + Trade Ideas

If the euro fails to reverse on bearish Gartley pattern target might be higher...but all depends on the TF we are based our trades on. image Here is intra-day view... image

Weekly COT report Analysis + Trade Ideas

intra-day view, nothing changed from way back...

Weekly COT report Analysis + Trade Ideas

for now, 1.2746 holds strong

Cable Update (GBPUSD)

dimadono, do you want to share with us who told you you have any clue about TA of financial markets?... You are very confused in strongly trending markets for the last 10 days...where would you go short?... Good luck with your trading.

Cable Update (GBPUSD)

hocius, I think he likes to play people, for me it was evident when he begged for the money...I wouldn't say it was Oscar's performance but good enough for the second-rated stage...I agree with his assessment of TA.

Cable Update (GBPUSD)

shahab8b, I have only 6-9 setups and some of them are complementary to each other (EW/harmonic patterns) weekly/daily range, Sperandeo's 2B is irregular B etc.) ...Maybe different money management will help, for instance, taking partial profit where ...

Weekly COT report Analysis + Trade Ideas

Bonus...another excerpt from Scott Carney's book "Harmonic trader" to consider ...

Weekly COT report Analysis + Trade Ideas

check this link... url

Weekly COT report Analysis + Trade Ideas

Nothing new with GU still cooperates with prior analysis, EU in the wide zone, and without large stop loss the trades can be whipsaw...so maybe 30M TF would be more suitable for now. Added updated EU30M: image

Weekly COT report Analysis + Trade Ideas

EU with the daily rang ext...Watch DXY, EU is 58% weighted in the index

Weekly COT report Analysis + Trade Ideas