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Coreg2004 replied Feb 7, 2020msniper, it might be to much risk (at least for my pocket) because if scenario on my daily chart will play out GU is right now in W_3_3 (powerful wave)...just saying...
Cable Update (GBPUSD)
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Coreg2004 replied Feb 7, 2020Bones, I "game" the daily chart...This scenario is valid if price breaks below A level...
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Coreg2004 replied Feb 7, 2020a very difficult day for day traders...watch closely the opening price of 8:30 bar (NY time)...
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Coreg2004 replied Feb 6, 2020fontu, the first target of Gartley pattern reached and all depends on tomorrow's NFP data...yeah, I know that GU is weighted only at 12% in DX...
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Coreg2004 replied Feb 6, 2020Bones, I agree...I'm posting this chart like forever, but this is 3rd touch of the TL and tomorrow is a fun day (NFP)
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Coreg2004 replied Feb 6, 2020gespiri, check 1.29050 level on the daily chart (possible W_A)...@pipfarm has a valid point... maybe, just maybe traders position themselves for a double bottom?
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Coreg2004 replied Feb 6, 2020finally, GU started to move...at least EU cooperated nicely... url
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Coreg2004 replied Feb 5, 2020WQ, check this link out ...if you wish... url and compare it with your assessment. As always; trade your plan.
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Coreg2004 replied Feb 5, 2020Moty, same here...but keep your options open...possible Deep Crab in making but we don't know if C is already in place...You don't want to be surprised with ABC to the upside, do you?...just friendly reminder...I didn't enter a short trade yet. ...
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Coreg2004 replied Feb 5, 2020Moty, don't jinx...but you know what happen after abc correction...another impuls wave...
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Coreg2004 replied Feb 5, 2020Hello WQ, ...just the reminder, it's not match.com website...focus on GU...



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Coreg2004 replied Feb 4, 2020Skultis, yes, as traders we have to choose our own poison...I always welcome humor and sarcasm in posts...

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Coreg2004 replied Feb 3, 2020Ivan0501, you are almost there, please review the guidelines for EW and see for yourself where you made a mistake ... url
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Coreg2004 replied Feb 3, 2020navk, note that GU took out daily S2 with ease on 30M chart...scalping (6-18 pips) is always ok in my book but commitment to swing longs atm would scare me.
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Coreg2004 replied Feb 3, 2020I wouldn't rush longs today...but all depends on your objective and style of trading...
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Coreg2004 replied Jan 31, 2020navk, ask yourself the question: which pattern am I going to play on Monday? AB=CD to the upside because your analysis telling you GU will still go up or Gartley to the downside?... Reinforce PRZ with your Pivot Point method and look for harmonic ...
Cable Update (GBPUSD)