There is also the option to long H1 downswing could be classed as corrective within the H4 upswing which could also be corrective as it is moving against D1/W1 downswing The two setups will depend on which one creates the turning point first.

Cable Update (GBPUSD)

GBPUSD Short set up H4/D1 H4 swing up looks corrective as it is moving against D1/W1 downswing H4 looks like it could be breaking the up swing with a new trend down but still we need to wait for the final confirmation. image

Cable Update (GBPUSD)

NFP day - no clue at the moment

Cable Update (GBPUSD)

Well done . praise where it is due, might be useful to others for you to put a chart up with an explanation rather than just saying long or short. Anyway - longs are crushed

Cable Update (GBPUSD)

Reaction precedes action

Cable Update (GBPUSD)

And now,(see chart) Trading is much simpler than most realise, OUR mind sets are conditioned to believe that trading is hard which is why we look for complexity and then try to unravel it using various hocus pocus METHOS ie smc/ict or fill our ...

Cable Update (GBPUSD)

A trading process needs to show high consistency, ICT /SMC not good enough, you will find yourself giving it all back on the next trade, it is a crapshoot when using these methods

Cable Update (GBPUSD)

H4 is now trending too so beware longs

Cable Update (GBPUSD)

image

Cable Update (GBPUSD)

Fair enough, this is the main pattern i trade so i will stick to my rules, i have a bit a of drawdown at the moment however risk is part of this game. url Swing can trend itself or be a simple turning point , in this case it looks like it wants to ...

Cable Update (GBPUSD)

Looks like we have confirmation with the last H1 Close being bearish and confirming the turning point - 25 pips risk on this trade image

Cable Update (GBPUSD)

GU H1 upswing looks corrective as it moved against H4/D1 downswing We have a turning point on H1 , just need some confirmation before going short image image

Cable Update (GBPUSD)

Went down inline with H4 corrective wave against D1 upswing as outlined in previous post.

Cable Update (GBPUSD)

Possible short H1 The current upswing is part of the h4 downswing , however D1 is in an upswing which makes the H4 downswing corrective so any move down could be considered an impulse within the H4 corrective move image image

Cable Update (GBPUSD)

Pathetic bunch of moronic whinging cry babies , you wonder why the real pros do not post here anymore

Cable Update (GBPUSD)

As it happens it happened ,Clear down move on gold with dollar up and GU down

Cable Update (GBPUSD)

Gold interestingly enough looks like a clear down trade H4 in correction against D1 and D1 is in correction move down with W1 , overall the D1/W1 swing down is corrective but the next leg down on H4 is the impulsive part of the correction or leg C , ...

Cable Update (GBPUSD)

Looking at the charts i think this NFP is not going to be decisive for direction, could be a messy one. H1 is currently in what looks like a correction to the downside against H4 which is in an upswing The h4 upswing is against D1 swing which is ...

Cable Update (GBPUSD)

NFP day, last month i smashed it with a 200 pip trade long, this month not looking so good for a trade , at least on GU, will make an assessment later on today.

Cable Update (GBPUSD)

Well the spanner was truly put in the works, price failed to make a new low , H4 was above D1 , logic dictates that there was going to be a bigger correction to the upside but not necessarily a trading opportunity, hard luck shorts.

Cable Update (GBPUSD)