koala pattern...just kidding... old fashioned trading based on previous day's range...

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Mizi, you are not alone with this idea...just a few roadblocks on the way up...lol

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Miti, you might have a second chance opportunity (or not...lol) on a-b-c correction. So far the market has a problem to close above the lower boundary of first-hour range @1.13728 (IB-initial balance for those who trade based on a market profile)

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Miti, you just proved with your post you have a trading plan but I have never thought otherwise or had any doubts... Timely entry (area of interest), stop loss, target or trailing and you know how to manage the trade (checking HTF in case the market ...

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it doesn't mean price gets there, it's only projection but momentum is strong to the upside. All depends on your setup TF and your objective. Are you shooting for the home run to the downside or 8-15 pips? are you a day trader, swing trader or ...

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Whoever is selling just be sure to have enough margin

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Miti, when I read your posts I always have the urge to advise you to open the tarot card business. You have such a feeling for the price it's hard to describe.

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Miti, 93% chances that one of Y's Range boundaries will be touched the next day. When you look at the chart today which one has the better chances to be touched? YH or YL?...so 1.13666 is still in play IMO.

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RCtrader, we never know in advance how the market unfolds that's why we have different scenarios knowing what invalidates the setup. As I stated before I don't put too much weight on labeling, Fibonacci relations between the waves and pattern (cycle ...

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RCtrader, it's one of the possibility......I have this setup for some time...check the link..... url and recent chart below.

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Miti, I day trade so fundamentals are not much important to me because I don't hold positions for a long time or even overnight...using technicals analysis I have the same approach like you and many others here, I trade from the zone to the zone, ...

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here it is...... url

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No Miti, anything is possible.........for the market's structure students... the second chart is an excerpt from the course on Andrew's pitchfork posted some time ego by @mbrown when he was with us. One of the sections treated about market ...

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thanks, Miti, years of using harmonic patterns convinced me to stick with it, despite the fact I have to make many discretionary decisions.

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harmonics, harmonics ......

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no just humble recreational trader, big league long gone...thanks anyway.

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Sorry Kayi, I know is too late but as the saying goes better late.....cheers

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Riots or no riots in France over the weekend...I will test the EW strategy...and keep this chart saved because with EW approach only important is how participants of the market react to the news/event which most often is unpredictable (reaction). ...

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Futures trader here. Just wanted to show you how we are slapped by the market on daily basis. I managed to take 63 pts today from the range of 40 (I trade NY session) in 4 trades...Are you sure you know everything about us (future traders)? Care to ...

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