I also do not or cannot see Divergence on the 1 hour chart. Unless you based that on the alert.... 1hour chart though shows a Potential Bearish Harmonic Pattern which has a potential end at 1.9765 before a possible reversal or a retrace.

Cable Update (GBPUSD)

That is also the 5min 50sma and within the range of a reversal for a Bullish Harmonic Pattern on the 1min chart. However I am lacking Divergence on the 1min chart to add confirmation to a reversal in this TF. Even the 5min chart has a Bullish ...

Cable Update (GBPUSD)

Cable coming down to pick up some more Bulls on a w4 retrace

Cable Update (GBPUSD)

I still have some short trades. But they are hedges to my previous Long Trades. Have an extra Long from 1.9660 Working on Divergence on 1min, 5min and 15min charts. I would not want to miss this ride up for some profit.

Cable Update (GBPUSD)

Closed 1 short ( a bit early ) for -4 instead of BE. But earlier scalped long trades early asian session more than made up for this small loss. Now have long trades going for 1.9698 for a C = A or to 1.9750 @ FE 161.8

Cable Update (GBPUSD)

This is hilarious

Cesarnc's market talk, gossips, rumours & fun

May I ask what your basis is for this target? My target of 1.9550 is somewhere near the 61.8% retrace for wave 2 of C for the swing 1.9363 to 1.9852

Cable Update (GBPUSD)

Pepper... What is your target?

Cable Update (GBPUSD)

Still holding some shorts to 1.9550

Cable Update (GBPUSD)

Closed my Long Trades @ 1.9786 now with the London closing and most likely is Lunch time profit taking. Looking at price going down till closing time. Could be a good time to place new Long Trades to 2.0135 Daily Pivot around 1.9750 could be a nice ...

Cable Update (GBPUSD)

I am and I did catch part of the drop London time. But not after holding a drawdown for my short trade since ASIA. But watching this now for potential reversal level. Looks deep though.. before a bounce.

Cable Update (GBPUSD)

unfortunately, I was and still am. under a drawdown now.... but it was a risk I took based on my analysis. anyway, will be nursing this to recovery. if I was watching my trades though, I would probably have hedged this.

Cable Update (GBPUSD)

Good for you Moe. Triple Top sure turned back Price as it also hit Monthly Pivot @ 1.9841. Price opening and closing below 1.9750 on hourly chart could really potentially send Cable down to your 1.9660 target.

Cable Update (GBPUSD)

Moe's 1.9660 target yesterday may have been based on a possible double top which today was kept within a channel range on the 15min to 1hour chart Now, we may have a potential triple top for Cable @ 1.9850 A 1 hour candle that opens and closes above ...

Cable Update (GBPUSD)

HEY... Welcome back.. you have been away too long . we miss your charts and your ew counts. THE forum has been wanting for a respectable EW ANALYST who posts consistently like you did and willing to help others too. I hope you can continue what you ...

Elliot Wave Trading

That ia taking a LONG Position towards year 2010 I think. June 2009 ain't that far off.

Cable Update (GBPUSD)

I have been lurking here and incorporating the GMMA into my trading. I found another GMMA reference material which you might all want to add to your collection of references. yano125

Guppy Multiple Moving Avarages (GMMA)

Thank you banzai for all the indicators you have modified and shared . yano125

My MT4 modified indicators and collection

Congratulations Traex — Traex Your Performance is VERY IMPRESSIVE. Yano

Harmonic Wave Journal

Got lucky here as I set it at 0.7276 which was the S1 last night before I went to bed. Took 16pips while sleeping.

NZDUSD Discussion