Might have to wait a while for these , need to see a dip on H4 to confirm the corrections are over, current push up probably just the B of the abc so letz not get trapped in that small rally up thinking it is the start of the H4 swing to move back up ...

Cable Update (GBPUSD)

Apologies edited as i put the wrong t/fs Follow the routine i posted earlier and check USDJPY 4h-M15 for entry given on chart at 142.78 with a 10 pip stop currently 70 pips up , 7-1 and this swing has only just began as it is H4 origin swing

Cable Update (GBPUSD)

These are the current set ups i am looking at CHFJPY D1-H1 for entry long GBPJPY D1-H1 for entry long GBPCAD D1-H1 for short - see chart in previous post EURJPY D1-H1 for long

Cable Update (GBPUSD)

These are the current set ups i am looking at CHFJPY D1-H1 for entry long GBPJPY D1-H1 for entry long GBPCAD D1-H1 for short - see chart in previous post EURJPY D1-H1 for long

Gold

Gold last h4 rally within the H4 swing, can see the correction on H1 , then it was just a case of getting back down from that correction back into the H4 swing, 15m push down rally down = impulse down 4 dollar stop for 11 dollar reward

Gold

H4 last small rally gave a perfect entry on H15 where the top of the H4 rally was to be found a 23 pip risk for nearly 100 reward, 5-1 not bad

Cable Update (GBPUSD)

Could be a nice short on this GBPCAD If the last swing down starts to trend, trade comes from daily down wave with a correction moving through H4 making a 5 wave corrective pattern down to H1 for the entry, slightly more complicated trade because ...

Cable Update (GBPUSD)

Another reason to use 3 tfs is to find the top of the dip or rally that you want to enter from , so we watch the reaction once we have the assumed top , does it start to move down and micro trend after a rally and vice versa if you trading from a ...

Cable Update (GBPUSD)

It is possible to get some extremely small stops with high reward by following the 3 timeframe rule , so long as you identify the direction of the highest tf your using and dips and rallies are key to knowing where you are in a swing and at the end ...

Cable Update (GBPUSD)

Should of moved down one more time frame for a better entry but i forgot. Dip origin H4, then H1 then H15 for the full internal structure of the correction from H4, it seems like the middle timeframe just confirms the correction but the real entry ...

Cable Update (GBPUSD)

Got it this time third wave of the third d1 image

Cable Update (GBPUSD)

D1 is bearish the correction on H4 is not complete image

Cable Update (GBPUSD)

Another bad trade, lost 20 pips. next trade

Cable Update (GBPUSD)

image

Cable Update (GBPUSD)

Got the last three trades wrong , only Eg gave an entry but small loss, Re evaluation, short on EG on a break of 8554 which is nearly there .

Cable Update (GBPUSD)

Eurgbp larger degree trend change H1 but the question is why. Looking at H4 we had a new high and a push down so the H1 trend change would confirm the higher low D1 also would confirm as a higher low image image

Cable Update (GBPUSD)

Could be a nice trade on gbpcad image

Cable Update (GBPUSD)

Short term maybe a bit of downside, a break of 2881 sends it into leg three of corrective C move (impulse) to the upside. image

Cable Update (GBPUSD)

If H1 high breaks then my analysis is invalidated , was hoping for a break of the low to confirm the short for the larger degree wave but the way it is going now , looks unlikely

Cable Update (GBPUSD)

Eurusd short posted this morning going to plan, expect gold and Gu to follow suit

Cable Update (GBPUSD)