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pipfarm replied Jun 23, 2023UJ fake out short UJ H1 was in correction against H4 and H4 moving with D1 , the higher probability was for more upside , why try and pick the top. Too often multiple entries are made trying to pick the top leading to several losses before the top ...
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pipfarm replied Jun 23, 2023Getting close to the entry point after rejection of 2736 support becomes resistance ,did not even move into the range of the old support suggesting a strong move down , all depends if entry signal is given on my chart
Cable Update (GBPUSD)
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pipfarm replied Jun 23, 2023GU H1 in correction against H4 H4 moving in same direction as D1 with the H4 swing being a lower high shorts are favoured at the moment
Cable Update (GBPUSD)
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pipfarm replied Jun 22, 2023Bad luck to all the shorts, the set up was clearly long, grabbed my pips. thank you BOE
Cable Update (GBPUSD)
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pipfarm replied Jun 21, 2023This is a trading forum. Take the political talk somewhere else please
Cable Update (GBPUSD)
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pipfarm replied Jun 21, 2023GU H1 and H4 still in a downside correction However H4 is a correction against D1/W1 upswing, H4 is sitting on top of the old resistance that now becomes support so there is a very high chance given the correct entry signal that GU will go up.
Cable Update (GBPUSD)
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pipfarm replied Jun 19, 2023H1 and H4 are now in a correction against D1 - no trade for me
Cable Update (GBPUSD)
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pipfarm replied Jun 19, 2023GU H1 is in a downside correction against H4 and H4 is in an upside swing in the same direction as D1 So currently longs still favoured with entries from H1 unless H4 also moves into a downside correction against D1 moving up then stand aside for me.
Cable Update (GBPUSD)
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pipfarm replied Jun 16, 2023Oh my another Higher High on H1, eventually it will come down but when is the question
Cable Update (GBPUSD)
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pipfarm replied Jun 16, 2023So there was no problem with shorting, look again your out, GU made a new high this morning
Cable Update (GBPUSD)
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pipfarm replied Jun 16, 2023If the MMs make an expanding correction ie B goes higher than A, shorts are stopped out, hence the reason i never take this kind of trade
Cable Update (GBPUSD)
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pipfarm replied Jun 16, 2023A lot of people shorting , imho it is stupidity and greed , what if the short swing H1 which is moving against H4 is shallow and the upswing resumes, what then? you might get lucky this time and grab a few pips.
Cable Update (GBPUSD)
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pipfarm replied Jun 15, 2023If you caught the up move it is time to close the swing has ended for now H1 moved into correction against H4
Cable Update (GBPUSD)
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pipfarm replied Jun 15, 2023Yes but no all is as it seems. H1 contains the swings, corrective and impulse of the H4 swing and H4 contains the swings, corrective and impulsive of D1 That is what is meant by alignment. A lot of traders believe that if H1 and H4 are going in the ...
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pipfarm replied Jun 15, 2023H4 moved back into alignment with D1 and D1 moving down with W1
Cable Update (GBPUSD)
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pipfarm replied Jun 15, 2023H4 moved back into alignment with H4 , very nice move up
Cable Update (GBPUSD)
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pipfarm replied Jun 15, 2023Was wrong on this one but for sure shorts were out of the question for me. However H4 did come back into alignment with D1 for longs
EURUSD only
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pipfarm replied Jun 15, 20234H coming back into alignment with D1 and D1 moving with W1 short
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