I think there is more gas in the tank for longs From H1 within those bars on 5m there is the pattern A down abc B up and then an impulse down which would complete a corrective pattern to the downside.

Cable Update (GBPUSD)

It is magic image image

Cable Update (GBPUSD)

Looks like abcde expanding triangle on H1 image H4 is a corrective move up so the abcde is the b wave of h4 abc

Cable Update (GBPUSD)

Short it was once the c of the abc finished , did not get an entry on this one as it came down too fast but some other pairs gave exactly the same set up with a chance to enter. The give away for direction was the single wave down A with the three ...

Cable Update (GBPUSD)

NFP analysis - short image

Cable Update (GBPUSD)

NFP day is upon us and i am long from 2634 Looks like the move up could be a nice impulse move within H1 upswing, not expecting a huge move up maybe 40 pips then a sharp turn around for shorts

Cable Update (GBPUSD)

GBPUSD H1 is down against H4 which is moving up and h4 is moving up against D1 which is moving down with W1 So either looking for a continuation of H4 via the H1 down move or a continuation of D1/W1 down move via the H4 up move

Cable Update (GBPUSD)

looks like my luck run out on this one -20 pips

Cable Update (GBPUSD)

All turning points 1H-4H-D1 are confirmed as down , hopefully we will see a big move down for the continuation price has passed through W1 turning point but not confirmed. todays move down may see that confirmed

Cable Update (GBPUSD)

USDCHF, EURUSD both in H4 correction against D1/W1 swing with cable H1 correction against H4/D1 swing , maybe news time will see some action

Cable Update (GBPUSD)

You should be shorting cable , a bit late to the party , was in the process of making the post when it shot down However the whole upwards movement on H1 is corrective as it is part of the H4/D1 down swing, this time it has created a new trend down ...

Cable Update (GBPUSD)

nah this is just the free trial, just for fun but i traded the exact same strategy i use in my live trading, besides i have no need for a funded account as i am self funded.

Cable Update (GBPUSD)

Smashed FTMOs free trial 8k profit in 2 days 2 trades same as my live account(not prop) image image

Cable Update (GBPUSD)

will have to wait for the close of CET to confirm but here is the preliminary photo image

Prop Firm Hub

Smashed the 2 day free trial on FTMO yesterday and today 8000 usd profit with 2 trades in 2 days same trades as on my live account, result is not confirmed until tomorrow, will post a photo then

Prop Firm Hub

will take the loss on this trade, -22

Cable Update (GBPUSD)

I do not use the services of any prop firms personally but a couple of friends want to try out , any recommendations would be helpful thanks

Prop Firm Hub

image

Cable Update (GBPUSD)

Still in the trade - just about , stop loss has held 20 pip risk

Cable Update (GBPUSD)

So far so good for the H4 short but will need to wait for the H4 close to confirm, hopefully the stop will be reasonable and being an H4 trade will travel down a good amount. image

Cable Update (GBPUSD)