Short only ( do not like trading from 5 minute but seemed ideal) Labels on chart moved but you can see there was an abc correction then a break down of B low then the old resistance retest and then price trends down, ideal entry would of been on the ...

Cable Update (GBPUSD)

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 actually be starting swing ...

Cable Update (GBPUSD)

EURUSD Looks like a buy on H1 there is a liquidity grab both sides just before the current up move to make the B wave so currently C impulse on the move to the upside

Cable Update (GBPUSD)

GBPUSD Looking at the lows here there does seem to be something brewing to the long side, looks very much like A (abc B downside expansion) C to complete the upside correction, so going to take the trade and take the risk. image

Cable Update (GBPUSD)

Last move up for C impulse then we go down

Cable Update (GBPUSD)

USDJPY Looks like a 4H correction (subdivisions H1) A abc B C impulse, should start to drop soon image

Cable Update (GBPUSD)

i am not looking at wave counts , it is a simple fact markets corrects in swings usually minimum 3 so whenever the up move starts it is swing 2 only which ties in with the time of year you mentioned respect to you and your opinion wishing you luck, ...

Cable Update (GBPUSD)

I would not be too sure of that 1.4 Looking at the weekly which is now in a correction against the monthly, there is only one leg down, a correction is 3 legs minimum, so likely that we may see a move back to 3200 to make the second leg and then ...

Cable Update (GBPUSD)

Good move on GU, Some fantastic trades today, not posting at the moment but out of interest i was passing the time watching one of these ICT traders live on you tube during the FOMC minutes release, now this guy insisted that the nq100 and sp500 ...

Cable Update (GBPUSD)

Slow the last few days, but other pairs moving reasonably well,.. not necessary to always trade cable which is probably the most difficult pair , look at NZDCHF been brilliant to trade this week. Some people were convinced gold was going up , well ...

Cable Update (GBPUSD)

That was a perfectly valid correction , however it doubled up into two corrections strung together, the good news is that the first one did not give a trend entry but the second did so happy days

Cable Update (GBPUSD)

This may well be the last sell before the upside resumes , we can now see a clear ABC pattern to the downside with 5 wave impulse in C coming to a climax

Cable Update (GBPUSD)

GBPUSD - direction short after correction 60 minute correction ,structure via M5 A , 3 waves (abc B, 3 waves) C 5 wave impulse to end image

Cable Update (GBPUSD)

I am done for the Day and week, closed all @57K nearly 2-1 RR it is good enough , of to enjoy the weekend, good luck all

Cable Update (GBPUSD)

TY, i made the post to inspire others, i think i give enough info on this forum to be able to do this now and then but ty

Cable Update (GBPUSD)

Below 1.3000 is my bet before a possibility of reversal to the upside

Cable Update (GBPUSD)

50,0000 USD PROFIT DAY image

Cable Update (GBPUSD)

NFP in 10 minutes and i have not a clue what is going to happen

Cable Update (GBPUSD)

We have had this nonsense imho with ADR the past week with others convinced price would reverse because the ADR was met and it blew through them to continue down

Cable Update (GBPUSD)

If that is the case it could just range for the rest of the day until nfp, having said that i have seen daily ranges of 200 plus pips on gu, so who knows what the DR will be

Cable Update (GBPUSD)