So, you take an arbitrary box, which is not even the Tokyo range (you only applied 4hrs) and then apply a fib to it and then apply an arbitrary 15pip gap before the trade is entered. Also, despite the above, why is your stop the other side of the ...

A Simple London Breakout

It's all very well posting a textbook example but how would you have dealt with this area on cable? Short, long, short, long, etc. If you go short when price is under the 100EMA, the 13/33 EMA cross will always be above the 100EMA. More often than ...

Ichimoku forever

Difficult trade but brave to step up. I am short also but only 50% of my usual size so I can add on. SL 1398. If it ever comes back, it could be a $100 change in price?

Weekly COT report Analysis + Trade Ideas

Interesting, thanks. I also only enter a trade when I have 2 or more reasons for it. COT report can also become a reason but then I prefer to have 2 technical reasons on the chart as well.

Weekly COT report Analysis + Trade Ideas

No, true - I apologize for the direct dig - it's just at times some questions have been asked and no response given. The only promotion I could usually see is x00 pips with shahab and someone. I think it is more the approach some people are after. ...

Weekly COT report Analysis + Trade Ideas

Difficult to get advice off shabab - possibly he's just promoting his service...

Weekly COT report Analysis + Trade Ideas

PRZ? Only issue I can see is that if, for example, you enter at the 38.2 with SL at 50, then why not enter at 50, it's also a resistance. ENter at 50, your SL is at 61.8 but if that's gets stopped out then do you also enter off 61.8? It could get ...

Weekly COT report Analysis + Trade Ideas

Thanks for the info. How do you decide to enter off the fib levels? I can see how the ABCD can help with the extension but we have to let it confirm the fib level first before we know that the fib is definitely actinf as support/resistance don't we?

Weekly COT report Analysis + Trade Ideas

Aren't harmonics, especially ABCD, only supposed to operate from the 61.8% retracement? This chart looks like the ABCD is connected at random points. Any thoughts? Thanks

Weekly COT report Analysis + Trade Ideas

Could you possibly explain how you traded this one as an entry? I know last week when we put the charts up, the 61.8% fib was lower, turns out the market was looking at a different 61.8. Do you just leave your entry at the 61.8 or do you wait for a ...

Weekly COT report Analysis + Trade Ideas

What exactly is this bit of voodoo magic tool anyway? Gartley? This is in hindsight but looks to be a bearish pattern on oil (WTI)? The B to C is not the correct length but X to D hits the 78 fib. Managed to scrape through 236 pips on a GU short in ...

Weekly COT report Analysis + Trade Ideas

Just wondering as you said it was a bad idea in an earlier post. I took a 50% position short at the 50 fib and another short at the 61.8 but stop above resistance so that was stopped out. Cable might be turning now but maybe it might have been ...

Weekly COT report Analysis + Trade Ideas

It's just a big bear flag Draw a line from the first pivot top to the low, flag out to the right, then again to the low.

Weekly COT report Analysis + Trade Ideas

As for GU, what do you look for at that level? Say....a 1hr topping candle to short. I presume you don;t just set a short order at the level?

Weekly COT report Analysis + Trade Ideas

Not wise to enter how - putting in an order at he 50-61.8% zone? That's pretty much what we all discussed in the charts a few days ago, no? So, you would time a Daily enrty on the 1hr charts?

Weekly COT report Analysis + Trade Ideas

What is your opinion of waiting for a red candle on GU before going short? We need something to show the momentum change rather than just lobbing ina short at the 50-61.8% fib box against the trend and hope it turns? Any thoughts?

Weekly COT report Analysis + Trade Ideas

After today, cable looks like it might test 1.5930ish. Any thoughts? It looks like typical short squeeze stuff...

Weekly COT report Analysis + Trade Ideas

Yep, I see, the 4hr up channel is good for poinpointing a possible downside support but I expect this channel tp break to the downside at some point also - worth leaving some of the trade open.

Weekly COT report Analysis + Trade Ideas

Why only 100-150 out of interest?

Weekly COT report Analysis + Trade Ideas

I got in at 1160 and got out at 1180 (1160 was the support line area) - maybe a foolish mistake but I think gold has a bit lower to go to 1140 or so before picking up long term buys.

Weekly COT report Analysis + Trade Ideas