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pipfarm replied Sep 15, 2023You must be a multimillionaire with all these winning trades
My forex Magic Wave
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pipfarm replied Sep 15, 2023Could of drawn a secondary trendline and taken that but that is something new i am looking at to see what the success rate is image
Cable Update (GBPUSD)
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pipfarm replied Sep 15, 2023Looking like a short from abc correction , no entry taken yet , waiting for turning point to confirm or a close below trendline image
Cable Update (GBPUSD)
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pipfarm replied Sep 13, 2023I often wonder why you commercials sell your systems if the trades are as good as you make out here?
My forex Magic Wave
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pipfarm replied Sep 12, 2023Could be long from H1 or short from H4 market is set up for both ways today, it is a case of taking whichever signals first. Some USD front pairs set up for short on H1 so maybe long will come first GU on H1 and DXY possible short on H1 image
Cable Update (GBPUSD)
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pipfarm replied Sep 10, 2023Love it , all the forecasters are out when in reality all you have to do is follow what the chart is telling you , so simple yet so overcomplicated.
Cable Update (GBPUSD)
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pipfarm replied Sep 8, 2023H4 is still in a correction, although there is a rejection of the previous resistance, best policy would be to short rallies from H1 once the breakdown starts in full
Cable Update (GBPUSD)
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pipfarm replied Sep 8, 2023H1 looks like a rejection of the old resistance , this may be the beginning of another large swing down, but i will wait until Monday and trade the rallies short if there are any. Plus it looks like a lot of the majors are finished with the ...
Cable Update (GBPUSD)
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pipfarm replied Sep 8, 2023I think you might be a bit over optimistic there on monthly i have this confirmed as the beginning of an impulse down after the corrective swing up but good luck Short term yes some upside as the downside can not be completed without it
New Cable Thread & Other Pairs
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pipfarm replied Sep 7, 2023Must be one the slowest days for a long time, something big is brewing!!!!
Cable Update (GBPUSD)
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pipfarm replied Sep 6, 2023Technically speaking you are correct every move can be counted as a swing with or against, however the key is reading the swing in the correct context to know which direction to take
Cable Update (GBPUSD)
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pipfarm replied Sep 6, 2023Swing trader style - a swing trader will try and capture the whole move down from the origin whereas a buy the dips sell the rallies trader tries to capture smaller portions of the directionally biases swings as in my last post. image image
Cable Update (GBPUSD)
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pipfarm replied Sep 6, 2023The true anatomy of the markets , it all begins with the future that is developing image image image
Cable Update (GBPUSD)
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pipfarm replied Sep 6, 2023I never mentioned anything about trend trading , i was talking about buying the dips and selling the rallies within a swing which is not trend trading , it is merely a directional bias. Swing traders try to capture the whole swing whereas buy the ...
Cable Update (GBPUSD)
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pipfarm replied Sep 6, 2023Unless your a swing trader then you buy the dips and sell the rallies,, dips and rallies within a swing are caused by abc or abcde corrections
Cable Update (GBPUSD)
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pipfarm replied Sep 6, 2023yes sometimes it does but on that occasion it was not, a good example is gold today, H1, price made a single swing push up then broke the low but then broke the high, then made a new low, in that situation yes price may have been looking for ...
Cable Update (GBPUSD)
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pipfarm replied Sep 6, 2023Can not see your logic here, just follow what the market is doing , it is that simple, direction , correction , continuation and stop reading bs ICT, SMC, BS old Supply and demand lines which have no relevance to the here and now. Looking forward to ...
Cable Update (GBPUSD)
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pipfarm replied Sep 6, 2023With hindsight that would of been an easy short on H1 with the trendline break and those big wicks on the last two candles at the top plus h4 direction was down, so a lot factors leading. image
Cable Update (GBPUSD)