Aggressive entry at 1.1220 but you need to examine the last move up if there are 5 fractals...I would wait for 1.1259

Weekly COT report Analysis + Trade Ideas

ahahab8b, yeah, you expect if not hold for the first zone to at least slow down the drop and this is the opportunity to swing on smaller TF (15M) to earn 20-30 pips/points. I also didn't take the EU because I was preoccupied with UJ and AU. When I ...

Weekly COT report Analysis + Trade Ideas

UJ and AU because I had the setup during the Tokyo session. $ still doesn't know what to do so I swing back and forth like a broken door.

Weekly COT report Analysis + Trade Ideas

No, I didn't. I have a strong aversion to the swiss franc and Canadian dollar...I used to trade exclusively only futures and volume for these instruments always were low so I dropped them ...yet I have to give a try to trade them as Forex pairs.

Weekly COT report Analysis + Trade Ideas

shahab8b, I hate shallow corrections @0.236 because there is no room to play defense. If the level breaks you are sitting and watching and praying that 0.382 holds. Now, if I buy at 0.382 and the zone breaks I know I am wrong, it's not W.4, I will ...

Weekly COT report Analysis + Trade Ideas

I set alert at 108.30...but if UJ will have shallow correction I will miss the trade (well, not the first time)

Weekly COT report Analysis + Trade Ideas

shahab8b, no it was teamwork.

Weekly COT report Analysis + Trade Ideas

shahab 8b, did you see how fricking ECHF worked perfectly?

Weekly COT report Analysis + Trade Ideas

shahab8b, I remember, we waited for wxy(abc) to be completed after flat correction failed...

Weekly COT report Analysis + Trade Ideas

I am short term trader, 30M TF but I am aware of and I use levels and zones from daily TF in my day trading.

Weekly COT report Analysis + Trade Ideas

[quote=shahab8b;12975862] Unless the first zone for C holds...

Weekly COT report Analysis + Trade Ideas

[quote=shahab8b;12975659]GBPUSD, I have a pending short @ 1.25 for today as a counter trend trade. image [/qu Agree, one push up very reasonable...it's not Tuesday yet...

Weekly COT report Analysis + Trade Ideas

Oh, that famed peg at 1.2...I preached my favored "sermon": expect unexpected, impossible is nothing, black swan, etc...and also didn't catch this trade.

Weekly COT report Analysis + Trade Ideas

shahab8b, pretty much on the same page (no surprise here) ...I don't trade CHF...just wanted to mess up with your thoughts...

Weekly COT report Analysis + Trade Ideas

shahab8b, maybe...we are now in potential reversal time (afternoon session)...bulls reached min. objective for the week and the day.

Weekly COT report Analysis + Trade Ideas

Decision time is coming...waiting for the market to demolish another roadblock (bearish bat pattern) image image excerpt from Scott Carney's book: Harmonic Trader

Weekly COT report Analysis + Trade Ideas

shahab8b, I love to play devil's advocate in case you miss something which is unlikely but...

Weekly COT report Analysis + Trade Ideas

for now, AB=CD or ABC, we might have bat/or crab pattern....did I mess up your head enough?...No, I know you're the guy with the plan.

Weekly COT report Analysis + Trade Ideas

Now we need to watch if ABC pattern becomes 12345...

Weekly COT report Analysis + Trade Ideas

Nice, but watch what is on your way, mange accordingly...I'm done for the morning, let see what afternoon session brings us...

Weekly COT report Analysis + Trade Ideas