@appletrader, very nice analysis...congrats...My playbook for the next 24 hours (harmonic pattern (bullish bat) combined with EW principle)).

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Vikinsa, how the owners of this software explained that they anchor any leg wherever suits them to mark the pattern?...it's useless for harmonic patterns traders...please, convince me that I am wrong.

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...waiting game for now.

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avpcap, just the pattern (EW)...how it unfolds? I don't know, we see in the future. Termination of the correction can happen in 2 places...1) around W:4 or around W:1 of lesser degree.

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...

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joyaxiam, I don't know if this medicine will work on BoJo Syndrome but a few of my liberal friends here in America told me it works wonders on their TDS...Just try maybe it helps you too. Note on the side: I don't care about politics and don't hold ...

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Bones, I don't have higher levels for this run without retracement...

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kuroro001, everything is done by hand, following Elliott Waves guidelines, harmonic patterns and weekly, daily ranges...I've been posting the same charts for 7 years on FF only graphics change from time to time. As I said many times, it doesn't ...

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TV, you are doing very nice because you follow guidelines that's all that counts...which correction will materialize we never know. I chose a blue square, you red circle...blue square won......just kidding.

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If GU goes lower it will go without me. I'm not going to give up 40+ pips (lesson learned) to check if the next swing down happens...

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kuroro001, I asked bc your analysis matches my to the letter...

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kuroro001, what method of trading do you use if I may ask? Can you post your chart?...Good luck with your trading.

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krst8, I am pattern trader (Elliot Waves, Harmonic Patterns, Weekly & Daily Ranges) so the news is not important to me besides the fact that if I am in the trade during the news my SL or TP will be hit quicker... and I don't look for the logic, ...

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Don't look back on your executive decisions...Contemplate scenarios and SL (can I afford e.g >than 30pips?)Yesterday I refused to pay 6 pips spread and gave up 40+pips (potential W_4 after abc)...Now the possible play is 3-3-5 so you are all good.

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TV, be mindful of what to expect...other options are on the table too...

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Thanks TV, sometimes I got lucky too...Didn't expect such a fast drop. When I recognized what's going on the spread was 6 pips (way before 5 pm NY time) and decided to hold. Very long day for me today. TS @1.31509

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Arshamv, if I recognize the pattern (EW, HP) correctly usually my TA works perfectly, if I don't I have to scramble and adjust to new conditions...It was bearish Bat pattern on Daily Chart. I and many other traders intended to short at these levels ...

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...and I am done for today. image DX chart image Enjoy your day everyone...

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Arshamv, on my chart TA, works perfectly...

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msniper, similar view on GJ but my zone is wider (143.16-144.62)...I can always be wrong...

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