same ol' ...have a nice weekend everyone.

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I admired Engweijie too when we were together in this thread (EUR/USD Only)

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knkie, in my previous life, before I became a recreational trader I was sitting next to the type of traders you mentioned in your post when they traded and I had seen artists too...such traders exist.

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Based and prior's day volatility the LOD is made by my method of trading...but the market has always own ideas.

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knkie, I look at it from a different perspective. Imagine being a scalper/day trader and going to bed with dismal 13 pips/day ( Khalid's 180pips/14 days atm). How many times you, @navk, @theoak,@tv,@donfriday and many others here would ask ...

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Of course TV, it would be an ideal level (1.2700-38.2% of BC) for potential W4 Edit: don't forget about potential triangle; see @ill-be-back chart.

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TV, I have 2 zones...

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GU is at the last support,...very miserable retracement didn't even reach widely expected 38.2% level after 5 waves move...

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that's correct TV, you know that possibilities are endless when you trade based on EW... that's why I am a big advocate to choose the TF and stick to the analysis of setup TF b/c for sure fractals on a 4H or daily chart are different than on 30M...

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TV, what I'm missing? ...I have a slightly higher level for W5 completion...

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possible play...of course, all depends on your setup TF...my is 30M

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avpcap, if the market breaks below YL expect the expansion to the yellow zone (set based on prior's day volatility) Also, you can use the ATR indicator as @HaLBot mentioned in his post. I use an 80-120% zone for this indicator to look for a ...

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TV, you are cutting the learning curve with unbelievable strides...I am out today. Good luck to all of you.

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Anytime TV, if I may suggest, just keep it simple... 2 patterns work for me well, I look for ABC or AB=CD forming than when ABC is completed I set the zone for potential W4. Keep in your mind (or on the screen) picture below, try to determine the ...

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TV, here is what I use to set my zones in advance... url

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TV, I mentioned 2-3 days ago that GU might be forming ugly W4 on the daily chart, so far support for this wave 4th on lower TF holds...we will see.

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Here is the PA inside previous week range...and decision time is coming

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TV thanks, ...Agree that Dow Theory and a few horizontal and diagonal lines would do the same trick but we humans like to complicate things. ...My zones are set in advance please check my posting in EUR/AUD from May/June. Below is the same 5M chart ...

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khalid33, don't forget before GU hit your 2400 level this scenario might be in play...just the thought

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