Yeah, ok that's some solid analysis. Also I like charts with random lines and MAs crossovers - really adds more confidence. Here's the current EW count on H4 EUR GBP. Minor pushback expected now than we should test 8000 area and then ...

Cable Update (GBPUSD)

So what's your point anyway? While your returns are pretty solid in real world 80K USD (in 3 years it's like less than 30K/year) won't get you anywhere, you can buy yourself a grand cherokee SUV (pretty mediocre ride also) or a parking space for a ...

$200 to $15000 in 12 months (Live)

Who cares what you believe/disbelieve, this is a trading journal section, you seem to be posting random useless crap comments all over the place, spend your time doing something productive/useful.

$200 to $15000 in 12 months (Live)

here's my updated outlook on GBP USD intraday for Monday, also note that Monday still banking holidays, so we might not get any action until Tuesday.

GBP/USD Live trades only!

here's another example where RSI 50-55 will improve your trade strategy winning odds. Also note that once the trendline was broken on M30 charts and RSI crossed below 50-55 we had a signal to short sell. Which was a very good entry.

GBP/USD Live trades only!

here's a sample trade I took on GU last week, just to give you an example of my intraday trading on GU. 23/03/2016 GU was already trending downwards, daily open below daily pivot, price action was VERY weak. So we use previous day's candles to plot ...

GBP/USD Live trades only!

bottomline is that I will trade GU based on what I see on the chart in the trading session, I'm not going to short sell it just because "there is this and that imaginery pattern on the chart".

GBP/USD Live trades only!

exactly, my take is that right shoulder could come in lower, and therefore make the pattern actually stronger. Finally, I'd like to see price touch that line on the chart and confirm bullish cypher formation on H4 @ or close to 3940-60. Until I see ...

GBP/USD Live trades only!

just to reinforce the case that EURGBP is going higher still, here's a look @ EUR USD H4 chart. Worth noting that price fits well within upwards sloping channel and currently setting up in a bullish flag pattern above 50% of the latest up swing on ...

GBP/USD Live trades only!

final thoughts on GBP USD H4. We will likely push another time for 4180 on Monday than get flushed directly to 3960 maybe in 2 trading sessions, however once we reach 3960 GBP USD will reverse initial target on upside is 4240.

GBP/USD Live trades only!

Updated EURGBP monthly chart with a potential turning point highlighted. Looking to get short EUR GBP / long GBP USD next week.

GBP/USD Live trades only!

EUR GBP weekly chart EW review, EW also pointing to a potential turning point at/near 8000 level

Cable Update (GBPUSD)

no it's not. check the monthly chart above. and the previous post also.

Cable Update (GBPUSD)

also let's run through average year range on EUR GBP. 2015 930 pips 2014 648 pips 2013 711 pips 2012 741 pips 2011 799 pips 2010 1060 pips. Average run from high/low is 800 pips rounded. So far this year EURGBP low was 7314 + 800 points we get a ...

Cable Update (GBPUSD)

here's EURGBP monthly chart -90% correlation with GBP USD. So for GBP USD to drop 500 points, EUR GBP will have to break above 8000 level, which is not realistic in the current downtrend setup EURGBP is trading. I'd say once we reach 8000 on EG, GU ...

Cable Update (GBPUSD)

there's not going go be a "500 pips drop" in GBPUSD not until the Brexit (if ever) is actually voted for and announced. Trading strat right now: sell short upon breaking weak resistance. Until 3960. Then I'm looking for a turning point on GBP USD to ...

Cable Update (GBPUSD)

trading summary and strategy for next week (GBP USD / EUR GBP / EUR JPY) GBP USD - we are looking to short sell on break of weak support levels. Trades will be posted live next week. EUR GBP - we are looking for a reversal trade in EURGBP wait for ...

GBP/USD Live trades only!

update EURGBP H4 wolfe wave short trade setup. Looking to short sell @ 162 extension @ 0.8000 TP is 7660 (340 pips). SL is 60 points. This is a trade setup for next week.

GBP/USD Live trades only!

this is potential H&S pattern on GBP USD on daily chart. I'd like for price to confirm that by reversing @ 3960.

GBP/USD Live trades only!

Detailed outlook on GBP USD Daily. The price is currently contained within downwards sloping pitchfork, however the price is sitting on a median line. Bias is still SHORT. We have a sequence of lower lows and lower highs. This also is a bearish ...

GBP/USD Live trades only!