If price crosses the territory of EWN1, then we are in for a larger correction to the downside. Current high at 1.34 will become EWN 5. Just interpolating anyway.

Coreg's EW+HP+D/W Range

I don't look at the channels but ABCD correction of 4 hr. trend inside hourly chart. That happened yesterday but was truncated at 1.3102. Reason why my existing trades were hedged. For now, it looks more bearish than looking for long. However, I ...

Coreg's EW+HP+D/W Range

[quote=pipfarm;15030255]Couple of days off, anyway that cable long was a no go, so took a loss but we went below 1.3000 which if any of you remember i mentioned this when i first identified the change in market conditions at the high. So we could ...

Cable Update (GBPUSD)

Same here on my table. Be looking for a pullback to at least 0.500/618 of yesterday's high to execute a Sell. Hope the pullback should start with this Red candle to turn green

Cable Update (GBPUSD)

Aaaah! Not the right time to Buy. The 4 hr. trend in full recovery mode. Need to be patient.

Cable Update (GBPUSD)

So sorry about that... In my own case, I hedged at 1.31 by going Short because my primary bias is to Buy and hold against 4 hour trend. I will adjust my stop on Buy from 1.30 to 1.2980 and close in both sides of price hit 1.2980.

Cable Update (GBPUSD)

GU is forming a base to continue it's movement to the upside. Support was found around 1.3063 (0.5/618 Fib pullback) We may see a breakout of yesterday's high and further attempt to approach 1.32.

Cable Update (GBPUSD)

Staying above 1.31 may not happen today probably tomorrow after this pullback. This is still in formation stage and same thing happens all the time.

Cable Update (GBPUSD)

There should be a way to manage the trade. Personally, I hedged by going Short at 1.3100. This pullback may touch 1.3055/60. It's always a mind bulging point to jump in when signal are still hidden to others... Above all, looking for touch of ...

Cable Update (GBPUSD)

1.3103/1.3107 is a strong resistance that can result in deep pullback. I will exercise caution. Probably hedge to see price reaction. However, the hedged short trade will be closed at the centre to continue the buy trade. Just to play the market and ...

Cable Update (GBPUSD)

The market is larger than Bidden. Any attempt would be crushed instantly Smart people connected in synergy are in control not the government of any country. My own view anyway.

Cable Update (GBPUSD)

Exactly buddy. So nice to hookup with you. At least someone that sees what I am seeing. Wonderful

Coreg's EW+HP+D/W Range

My great friend.. 2hrly. Candle close above your dly. Pvt. R1. It was a fierce battle. Waiting to see how strong the shoters can shoot

Cable Update (GBPUSD)

We are together this time

Cable Update (GBPUSD)

Yeah, also recognize resistant at 1.310/7 but counted as an issue of Trade Management otherwise I 'll begin to reason like an Intraday trader. The main focus is at 1.3170 and 1.3220 for me. It doesn't really matter if price revisit my entry for long ...

Cable Update (GBPUSD)

We have programmed Price not to go down today. Market and traders are tired of stagnation so we need to move .. No room for double triangular corrective structure. Don't mind me please....

Cable Update (GBPUSD)

Intention at resistant zone is to look out for either Continuity in Buy or Reversal to the downside. It's a two way scenario depending on whatever unfold from price reaction.

Cable Update (GBPUSD)

If price eventually break out of this current high, next Resistant will be 1.3179 § 1.3229 (0.5618 pullback). Hoping to see the breakout today..

Cable Update (GBPUSD)

It's not simple. Though someone responded on your behalf that it's a lower boundary of monthly channels. Why not bell the cat... Just interested in reasons for your own decision....

Cable Update (GBPUSD)

Why ? Technicals, fundamentals....

Cable Update (GBPUSD)