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pipfarm replied Aug 17, 2023You had three sells (had being the operative word) Please post the entries as close to as they happen otherwise it is meaningless.
Cable Update (GBPUSD)
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pipfarm replied Aug 17, 2023Well done , you cracked that top Are you going to hold this trade or bail with a few pips
Cable Update (GBPUSD)
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pipfarm replied Aug 17, 2023No interest up top or no liquidity/ complete breakdown Entry taken image image
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pipfarm replied Aug 17, 2023No further interest up there , dropped like a brick, wiped out the longs in one go Short entry taken image
Cable Update (GBPUSD)
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pipfarm replied Aug 17, 2023I think what he does is identify the main direction of the market maybe a correction and wait for all the lower timeframes to drop back in line one by one, it makes sense but without the indicators hard to follow or even bother knowing about.
Cable Update (GBPUSD)
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pipfarm replied Aug 17, 2023If there is no point in posting some trade calls then what are you doing here? there is nothing to learn from your method without the indicators you use. The way i trade can be followed via price action alone, there is no need for any indicators but ...
Cable Update (GBPUSD)
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pipfarm replied Aug 17, 2023EURCHF BD = BREAKDOWN FPB = FIRST PULLBACK Then continuation image
New Cable Thread & Other Pairs
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pipfarm replied Aug 17, 2023I think we have gathered that by now , how about you post some live trades or post your HMAs so we can follow along.
Cable Update (GBPUSD)
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pipfarm replied Aug 17, 2023Well thank you again however i do not have H12,H23,H56,H97, and neither does anyone else , so means nothing to me. Maybe you should post your modified HMAs then we can follow along with you , besides i also look at Price action itself , not relying ...
Cable Update (GBPUSD)
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pipfarm replied Aug 17, 2023Thank you , I do not need to check all timeframes, happy as i am with 3 , it works so no point to try and fix it
Cable Update (GBPUSD)
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pipfarm replied Aug 17, 2023PS. Wave 5 subdividing 3-3-3-3-3 which is why it is a pain to trade so always best to take the first PB after the breakdown , could even drop to the 15 and try and get in a bit closer to the top as the H1 swing breaks down that is if it does. Lets ...
Cable Update (GBPUSD)
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pipfarm replied Aug 17, 2023This GBPUSD is a a pain 4H has made the first correction after the D1 downswing but H1 is refusing to break down, on H1 we currently have the first pullback, but considering the Daily close is above the weekly i might give this one a miss, having ...
Cable Update (GBPUSD)
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pipfarm replied Aug 16, 2023So now we apply the same principles to D1 ie breakdown first correction up which we look at on H4 and then entry H1 when it starts to trend down or if your a smart ass you pick the top
Cable Update (GBPUSD)
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pipfarm replied Aug 16, 2023To put things in to context a bit more if you look at my earlier post where i made several correct trades called in advance, if we use the same principle GU on monthly would be classed as the first PB after the breakdown so all the upward movement ...
Cable Update (GBPUSD)
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pipfarm replied Aug 16, 2023Depends on how you classify the weekly swings which i see as part of a monthly single wave and that monthly single wave is moving against whatever the next HTF would be , so all that swing trend movement on the weekly is currently corrective and ...
Cable Update (GBPUSD)
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pipfarm replied Aug 16, 2023I am still counting GU as a PB on H4 unless we get a daily close above my W1
Cable Update (GBPUSD)
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pipfarm replied Aug 16, 2023PB = pullback or correction EURUSD short - played out nicely with the first pullback making a lower low GBPUSD short - still no entry AUDCAD short - first PB after the breakdown made a new low AUDUSD short - first and second PBs made new lows NZDUSD ...
Cable Update (GBPUSD)
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pipfarm replied Aug 16, 2023Although D1 is moving into W1 i am still not convinced a new wave up is starting, will need to see if today closes above W1 then i will look for a pb to go long , until such time , on the short side nothing to do at the moment from H1 up , obviously ...
Cable Update (GBPUSD)
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pipfarm replied Aug 15, 2023There is another option with EW Wave 5 goes 3-3-3-3-3 from D1 we are in wave 5 No tradingview elliott wave script was used during the making of this chart


...Cable Update (GBPUSD)