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Coreg2004 replied Apr 29, 2020corongumet, if you learn to spot these 3 patterns you should be good in any situation...
Cable Update (GBPUSD)
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Coreg2004 replied Apr 29, 2020navk, it took market 6 days to form (a) leg so the expectation is that it takes 3-6 days to form leg (c) and for today a possible play on 30M TF
Cable Update (GBPUSD)
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Coreg2004 replied Apr 28, 2020ozalid, thanks, that's the idea when trading the patterns...we know our expectation and we know when the pattern fails so the target and stop loss is known before we enter the trade.
Cable Update (GBPUSD)
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Coreg2004 replied Apr 28, 2020Elbert, the pattern worked perfectly yesterday. GU stopped in the PRZ for W_4 although during Tokyo session it looked like pattern on @Moty's chart will unfold. If this is indeed only abc pattern retracement will be deeper...As of what future holds ...
Cable Update (GBPUSD)
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Coreg2004 replied Apr 28, 2020navk, different method of TA but outlook the same...
Cable Update (GBPUSD)
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Coreg2004 replied Apr 27, 2020elbert3, thanks, now we need the market to cooperate with our analysis
Cable Update (GBPUSD)
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Coreg2004 replied Apr 27, 2020LifeTrading, welcome to the thread...very nice work.
Cable Update (GBPUSD)
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Coreg2004 replied Apr 24, 2020Joe,
... It took me some time to change my focus and start to trade from HLine to HLine, from zone to zone but is doable... url Cable Update (GBPUSD)
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Coreg2004 replied Apr 24, 2020Moty, check this chart out, maybe you will include something from it to your trading...just the suggestion.
EURUSD
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Coreg2004 replied Apr 23, 2020gespiri, yes it's possible but we will know that only after w_4 is formed and the high/low (depends on the direction of the trend) of C is taken out... that's why I keep on my chart C until proven otherwise...
Cable Update (GBPUSD)