How to avoid being on the wrong side of the market during a parabolic move or entering too early? I use 8 Exp. M. Avg. on 15M TF.

Coreg's EW+HP+D/W Range

msqk, I've seen it many times when the market is 3-5 pips away from the TP and the person is fixated on getting what they intended. My question is: how many pips are you willing (not you, anyone) to potentially risk/sacrifice to see if your intended ...

Coreg's EW+HP+D/W Range

msqk, we've been waiting for this level to be hit for ages, but it's what the chart is telling us. Just think how far away from the level you would consider it tested. 5,10 pips?

Coreg's EW+HP+D/W Range

fex., very nice again. Yes, this setup is also in my playbook. It's called "2B" by V. Sperandeo or "Turtle Soup" by L. Raschke. Here is the idea of how it works. image image

Coreg's EW+HP+D/W Range

The market cooperated nicely with the prior analysis. Possible one more swing down to complete (b)-(c) swing (5 fractals). The long-term TL has been broken. Do we get BPC set up? The potential bounce of the TL is now in play.

Coreg's EW+HP+D/W Range

fex., here is the daily chart. It shows better what I wanted to say about the liquidity zone in question. This zone has been tested twice. The question is: how many traders still want to defend this zone? How many new traders are willing to enter ...

Coreg's EW+HP+D/W Range

fex., same thought. I don't have timing for the end of a potential wave 4, so I'm thinking of a possible flat correction to the downside. Just remember, I trade on smaller TFs and can swing back and forth during the trading day. image image

Coreg's EW+HP+D/W Range

[quote=Pat Chiko;15507920] Merry Christmas & Happy New Year 2026. Ah, yes, a true visionary of the financial markets. Clearly, the problem isn't a fundamental misunderstanding of price action or risk management—it's a lack of audience. Why bother ...

Cable Update (GBPUSD)

Watch the last retracement zone (78.6-88.6%). This is the most likely place where the imminent pattern can be screwed up. In our case, 1.3445-1.3450.

Coreg's EW+HP+D/W Range

It was quick. The potential high for the day has been reached, but the first retracement for the week, at 1.3480, is now in play if 1.3410 holds.

Coreg's EW+HP+D/W Range

The level at 1.3345 was too strong to overcome on the first trial.

Coreg's EW+HP+D/W Range

The bearish flag pattern failed. Now, we pay attention to the potential bearish Gartley pattern. If the weekly high @1.3439 is taken out, the target we should aim for is @1.3465. It doesn't mean we get there for sure, but we should be on the lookout ...

Coreg's EW+HP+D/W Range

Timing with zones for completion of wave B and wave C. image image

Coreg's EW+HP+D/W Range

If GU drops below 1.3370 (the bottom of the channel's TL), we will have a bearish flag formation in play with the target @1.3306.

Coreg's EW+HP+D/W Range

30M chart, setups valid for today only.

Coreg's EW+HP+D/W Range

fex., EW principles work for me. Some people are scared of it b/c they think there is too much room for alternative count. For me, it's the same as trading other chart patterns. There is always a chance that the pattern will fail, not reach the ...

Coreg's EW+HP+D/W Range

Don't ignore this potential scenario if a bearish bat pattern plays out.

Coreg's EW+HP+D/W Range

There is still room to go up this week. Chart fixed.

Coreg's EW+HP+D/W Range

The end of the potential wave 5 was reached.

Coreg's EW+HP+D/W Range

fex., I would call it educated guesstimation...The weekly high, the most liquid spot for swing and daytraders, was surrendered by 120%ATR and R2. Logical target to go after the breakout of the channel. The flag formation is a continuation pattern. ...

Coreg's EW+HP+D/W Range