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Coreg2004 replied Dec 18, 20242664 is the target if the low is in place. I'm not too fond of double bottom. We still don't know if YL will hold. image I wish to see this formation to have confidence that a reversal is underway. image
Coreg's EW+HP+D/W Range
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Coreg2004 replied Dec 18, 2024For the 3rd day, gold cannot breach even the first resistance zone. I adjusted the pattern. image The daily chart, the 2610 level from the AB=CD pattern is still in play. image
Coreg's EW+HP+D/W Range
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Coreg2004 replied Dec 18, 2024It's best to trade the first pullback (@1) after the breakout. Every next attack weakens the level. Unfortunately, we will never know how many attempts it takes to break the zone (level). We need to read PA and determine the outcome on the fly. The ...
Coreg's EW+HP+D/W Range
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Coreg2004 replied Dec 17, 2024Abeylyn, very good TF's for swing trading. I use for day trading D, 30M and 5M for entry. I want to be as close as possible to the stop-loss. But I don't hold for long. The most I close/enter during the Tokyo session.
(GBP/USD Update) Billionaire's Club
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Coreg2004 replied Dec 17, 2024Update...Hold 'em or fold 'em image image image
Coreg's EW+HP+D/W Range
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Coreg2004 replied Dec 17, 2024Here is an example of how 161.8% worked as a resistance level although it might be only temporary but good for 30 points so far.
Coreg's EW+HP+D/W Range
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Coreg2004 replied Dec 17, 2024Olu, very healthy approach to trade EW concept. Same here. I leave double and triple threes corrections to academia to mark. We are traders. I will mark it as a range and trade as such. image Olu, agree again. Fibonacci ratios (0.618, 1.618, ...
Coreg's EW+HP+D/W Range
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Coreg2004 replied Dec 16, 2024Meathead, just the daily reminder. Today is 25 day since your genius entry long. Congrats. I told you don't waste time on my charts, you have no clue what's on it.
Cable Update (GBPUSD)
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Coreg2004 replied Dec 16, 2024The first zone to hold advance to the upside is between 1.2672 and 1.2688
Coreg's EW+HP+D/W Range
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Coreg2004 replied Dec 16, 2024The last possible level of 2646 for this labeling hit on Friday.
Coreg's EW+HP+D/W Range
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Coreg2004 replied Dec 16, 2024Thtpro, I don't believe there is an economist in the world who can predict the collective behavior of all market participants. When the $heet hits the fan (up or down), all theories go down the drain and so-called "sure" level after level on the ...
Cable Update (GBPUSD)
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Coreg2004 replied Dec 15, 2024It's not necessary to study economics at the university to become a trader. Richard Dennis proved this point in the early 1980s with randomly chosen people for his experiment. You can read about it by clicking on this link. url
Cable Update (GBPUSD)
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Coreg2004 replied Dec 15, 2024This is just a reminder that the most successful trader in this thread, Meathead, is still underwater after 30 calendar days in the market. Tough $heet to be in this position after mastering weekly bar, EW, HP's, flags, rectangles, triangles, TLB, ...
Cable Update (GBPUSD)
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Coreg2004 replied Dec 13, 2024The bullish bat pattern didn't hold. Chart with the lower zones. A new chart with an expended view.
Coreg's EW+HP+D/W Range
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Coreg2004 replied Dec 13, 2024Pat, I basically trade the last day range that's why I use smaller TF (15, 5M). Never risk more than 15-30 pips depending on the size of my lot or number of contracts.
Coreg's EW+HP+D/W Range