Slow NY session so far. image It's hard to day trade when inflection points (YCL, NY Open, PP) are so close to each other. But I'm not ashamed to trade for 15-20 pips in these conditions.

Coreg's EW+HP+D/W Range

On Friday, GU printed the inside bar on the daily TF. Increased volatility today is possible. To the upside, the WH @1.3215, reinforced by ATR and R1, is the first resistance zone as long as the PP holds.

Coreg's EW+HP+D/W Range

image Here is a video that perfectly describes my trading philosophy; I couldn't say it better. video From my profile: Trading Philosophy: A successful man must have a plan and rules and follow them. -W.D. Gann Having a written plan and the ...

Coreg's EW+HP+D/W Range

The DXY is fighting for survival.

Coreg's EW+HP+D/W Range

You've got to be kidding me. The drop is more than 150% of the daily ATR (14) and is still declining. The next potential target is @4005.88. The completion of the bullish crab pattern

Coreg's EW+HP+D/W Range

swing low at 4 (4097) was successfully tested.

Coreg's EW+HP+D/W Range

fex., very nice. I have the same zones. It can be difficult day to day trading b/c exhaustion levels are hit on both sides. We are stuck in the middle of the range.

Coreg's EW+HP+D/W Range

Waveskie, b/c Leon is an Olympic diver who can stay under the water for 16 days...for now.

Cable Update (GBPUSD)

Update... image image image

Coreg's EW+HP+D/W Range

Pat, do you remember when the FEDS cut the interest rates in 2024 before the election during the so-called transitory inflation?

Cable Update (GBPUSD)

Potential test of swing low at 4, not necessarily today.

Coreg's EW+HP+D/W Range

Miti, discretionary trading. Hold 'em or fold 'em, that's the question. I make the decision and biatch later, after the fact.

Coreg's EW+HP+D/W Range

bhaimian, I'm a day trader. I trade only the NY session, sometimes the Tokyo if I have an entry by 10 pm NY time. You need to specify the TF: 1H, 4H, or daily; otherwise, my opinion won't matter at all. My entry was late today. I'm going to close my ...

Coreg's EW+HP+D/W Range

Miti, the harmonic pattern setup can be similarly done on the 4H TF. Will do the chart later. image Added. The choice is yours. image

Coreg's EW+HP+D/W Range

Miti, atm, yes. It doesn't look promising, especially on the weekly TF, but...impossible is nothing.

Cable Update (GBPUSD)

Whale, yes, but I trade gold futures. Setups are the same for either gold spot or futures.

Coreg's EW+HP+D/W Range

Gold is a fast-moving market. You need to decide in advance whether to trade the current day's swing or a more extended swing, such as 4-5 swings. image image

Coreg's EW+HP+D/W Range

Gold cooperates so far with my wave count. The first support zone is between 4220 and 4212.

Coreg's EW+HP+D/W Range

Miti, if the GU closes above 1.32486 on the daily chart, my waves count on the daily TF is incorrect, and GU makes a different pattern. On the 4H TF (your chart), if GU pushes through the trend line, BPC (breakout, pullback, continuation) is in play. ...

Coreg's EW+HP+D/W Range

Miti, I'm ok. Thanks for asking. Yeah, it seems that big fish know we wait for this level to hit.

Coreg's EW+HP+D/W Range