I completely agree with you. Time is such an important factor when using EW, standard theory should give you an indication of how long the consolidation periods are going to be. I.e. of wave 2 is short and sharp, wave 4 is likely to be long & drawn ...

EURUSD

Closed my long @ Entry : 1.4751 Exit: 1.4953 +202 pips I now see the GBP in a period of consolidation / waiting until the daily 8EMA catches price action up. We should see a re-test of the major 1.5053 level before any moves lower. Please see my ...

Cable Update (GBPUSD)

Morning all, my TP was hit last night : 1.4953 (+202 pips) I will be posting a video to this trade later today so please subscribe to receive updates on youtube. Cheers WG

4 Hour Strategy (MACD)

Are you not using metaTrader? Fib studies are only useful if you know where to draw them : see here for more info: video to add price : video cheers WG

EURUSD

If you look at the bigger picture - I.e. Weekly & daily, you can see that the currently momentum is to the upside.

Cable Update (GBPUSD)

depends on the candle formation and the size of the candle. I will try to explain this in the review video. Cheers WG

4 Hour Strategy (MACD)

TC on GBP/USD — Afternoon all, I have entered a long of the GBP on a pull back on the 1H chart. I have used the 4H candle as my entry signal, but obtained a better entry point via the 1H. As you will see the price found support around the ...

4 Hour Strategy (MACD)

haha exactly the same! well tp is 49's

Cable Update (GBPUSD)

finally managed to get 54's Long

Cable Update (GBPUSD)

Same I like the look of that 4H candle close - looks like we could be seeing 1.50 + in the next few days Good luck - think we will be bloody luck if we get them! ha

Cable Update (GBPUSD)

where is this correct going to? I'm going to try and get long around 4850

Cable Update (GBPUSD)

Guidelines — TO ALL PEOPLE FOLLOWING THIS SYSTEM!! If you are following this system by the rules correctly then you can use this information to compare yourself results against mine for April. You can find video reviews of all the trades I ...

4 Hour Strategy (MACD)

To explain why I didn't take these would be easier to make a video - however I do not time to do this today so I will give it a go via txt. Right the 1st candle you have marked has closed right by the 21EMA, the market had just put in a lower so ...

4 Hour Strategy (MACD)

Ok there are a few things here, lets go through them one at a time not to confuse you or others. 1) The pattern you have highlighted in your picture is not a evening doji star, for that to be true the doji would have to up on its own without any ...

4 Hour Strategy (MACD)

it will change every pip if you are using 1.02 version.

4 Hour Strategy (MACD)

Hello, yeh your chart does look a little different - the candle you are referring too, I would not class that as a shooting star, its more like a doji which in fact is a stronger sign of a reversal. Saying that it didn't close below the 8EMA, which ...

4 Hour Strategy (MACD)

Yes three is a big difference between an engulfing candle and a belt holding candle: Engulfing pattern : url Belt holding pattern : url (thats a bearish example, but the same is opposite is true for bullish) A better explanation is on my video ...

4 Hour Strategy (MACD)

Closed at my TP: 1.4783 ( + 149 pips) Please see the video review of this trade here: video Please subscribe to my channel to receive updates of when new videos are added.

4 Hour Strategy (MACD)

TC on GBP/USD — Morning all, I have entered a long on the GBP yesterday which I did not have enough time to post yesterday. As you will see the momentum started to developing to the upside yesterday around 12:00 - 16:00 GMT. Reasons for this ...

4 Hour Strategy (MACD)

Just to update everyone, I came out of this trade yesterday however didn't have the time to post an update. For a full review please check the video: video As always if you subscribe you will receive updates when I upload daily videos. Any ...

4 Hour Strategy (MACD)