NZDUSD - short Already in C of abc The prior H4 upswing went A abc C , , swing down before that a clear impulse , nice strong move down. image

Cable Update (GBPUSD)

GBPJPY Going to try to trade the C of abc expanding flat so it should be A , abc to make B then C up image image

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It is not a problem for me, i was just trying to highlight the facts to other traders that do not realise what they are up against and i was annoyed because you know as the institutions are buying or selling they ramp up the production of these ...

Cable Update (GBPUSD)

3086 is the breaker , in my pic this what we are facing these days in trading , read that as a trend , same things happens at smaller degrees and larger degrees and my drawing is probably over simplified as there will be many more of the mms shite ...

Cable Update (GBPUSD)

That is a shame , you might as wll have held cause it is probably going a lot lower

Cable Update (GBPUSD)

Im going to swear so apologies in advance, it is so fcuking annoying , just before any decent move the fcukers have to put the exp flat or irregular flat in to fcuk things up.

Cable Update (GBPUSD)

So i guess staying out from my perspective was the right decision, very messy day with a lot of irregular flat , expanding flat corrections , i guess these moves are institutions not happy to give any one their money Gu and EU both expanding flats ...

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See that audchf i said to sell when it breaks the low, already 60 pips in profit It did put in an irregular flat before the drop but would still of been an ok trade

Cable Update (GBPUSD)

OK NFP day , 4H timeframe -NO Decision yet However small trend has built to the upside both GU and Eu , if we get a swing PB and break up i will take the long as that would mean D1 uptrend is continuing. For the short side - it is still possible the ...

Cable Update (GBPUSD)

Nope but there is huge rejection candle on H1 GU and EU as soon as H1 starts to swing trend down i will make a decision but like i said these correction in Gu can be a mess.

Cable Update (GBPUSD)

Nice, i hope it works out , what is everyone else doing , no point in posting after the move , lets hear your opinions and trades

Cable Update (GBPUSD)

Finally AUDNZD we have some traction to the downside image

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5 up on H1 for h4 swing up

Cable Update (GBPUSD)

The one to the left broke the swing higher low then made an abc correction (irregular flat) and retested The one to the right broke the swing higher low then has made what i presume to be an abc correction (expanding flat) and is retesting the ...

Cable Update (GBPUSD)

Having said that , just to make it clear i have no bias atm , depends on what happens with PA during the course of the day, i do not look at a chart and decide 100% this is what will happen, up or down depends on how PA unfolds .

Cable Update (GBPUSD)

I do not pay any attention to data , let the markets decipher it, the trick is what came before and what it does after, so no point in guessing but i hear you. 2969 would be a good place to target for shorts, just into the range of the prior H4 ...

Cable Update (GBPUSD)

Will attempt another short on this audnzd image

Cable Update (GBPUSD)

Yep , not sure whether i will trade GU today, even though it could be swing C of the correction which in theory should be a nice move down, GU is notorious for these moves being extremely erratic in nature.

Cable Update (GBPUSD)

Look at the chart to the left , that is the last time we had a correction in the daily, now look at today to the right image

Cable Update (GBPUSD)

If GPUUSD H4 move down is a complete correction in the daily then it would need to swing trend up on H4 for D1 to continue up. If the current H4 swing down is an incomplete correction ie going against D1 then the current move up is be the B swing of ...

Cable Update (GBPUSD)