Starting it off.

Cable looks like heading below 1.21.

Nice "Beauty and Simplicity" SELL this morning in AVP. I took my paper trading profits in the ML area.




Al

nice one albert

Thanks!

Al

Finally hit! After very long three days.

Originally posted by MarcinO

Cable looks like heading below 1.21.

Click image for original size

And here comes 100 pips reaction on Trump's press conference.
Accidentally right off the area.

1.2360 might be all for today, mere 300+ pips..

Lost some on going long COH. I was money ahead on the trade, but I got greedy and ended up taking a loss! The curved lines in these charts means they point to 0.886 fibo retracement. I removed some of the indicators because I was not using them.



Made a bit shorting YNDX,



Best trade for me was Long WLL.



I did not trade ABBV, but thought it looked like a nice setup. I had been following it for several days and planned to trade it, but I missed my opportunity, I guess I do not have as much patience as Marcin has.



Yesterday, I made some going long COH, and short NLY. I lost some going short on FOSL. I like the NLY setup, with the DBS variant, but it did not give the large and/or fast move I was expecting.



I believe all the trades I show here are roofer's "Beauty and Simplicity," except the WLL trade was a horizontal ML Set.

Al

FOSL chart.




Al

Nice stuff, Al. What I can tell you with respect to patience, is that even if you miss opportunity to trade a set-up, you can allways drop down to lower time frame, trying to trade there. In such case a missed set-up works as a very important part of context for lower time frame transactions.

rat,

Awesome work and chart! Thanks for the notations and explanations.

Albert