And this is the reason why risk management is key. Both parties are correct based on analysis and perception but MM will come in and push price to either of the two directions. If A is correct today, it doesn't invalid B's strategy because next time ...

Cable Update (GBPUSD)

I am willing to buy at the current price on the condition that the Internal Structure in B is not yet completed and should be formed after breakout of the current high. Thereafter, a pullback to C for another 2nd entry.

Cable Update (GBPUSD)

Thinking up... with caution.

Cable Update (GBPUSD)

image My view but market is the King.

Cable Update (GBPUSD)

Here is my chart but the market is always right . file

Cable Update (GBPUSD)

Yes, I reviewed after you mentioned but the charts are down due to market close. I will send a personal mail later to discuss further. I just noticed that point B itself satisfied the total condition at the end of B despite deformity in the internal ...

Cable Update (GBPUSD)

I think this has been played out already because we have a new week. What we need now is to follow the foot print that was left on the chart. Following the constant rule, I see price going up from 1.3360/70 and I will not changeover my mind set to ...

Cable Update (GBPUSD)

Pullback base @ 1.3313.... Not...

Cable Update (GBPUSD)

I will have to wait until breakout of the current Pullback base @ 1.3331 before switching to sell. 4 hour trend is still buy and market has fallen to range since yesterday. If buyers can takeover again from 1.3331/45, the current high will be broken ...

Cable Update (GBPUSD)

Yeah! Internal structure is in-balanced/ not formed by price before attainment of B. 15 min. chart analysis. Obviously, it's a serious issue especially when there is no enough strength to penetrate the current high.

Cable Update (GBPUSD)

Waooooh! Thanks.

Cable Update (GBPUSD)

I see the B as a butterfly. Close below 0.889 is acceptable. Can you enlighten me on the reason why B is invalid ? Thanks.

Cable Update (GBPUSD)

Technically USD has not formed the monthly support however GBPUSD has already broken out of it's monthly resistant zone above monthly range. Until USD formed it's monthly support to create a balance, we cannot see a reversal to the upside. Hopefully ...

Cable Update (GBPUSD)

Thanks dear brotherly.

Cable Update (GBPUSD)

I missed your analysis yesterday. Good day friend.

Cable Update (GBPUSD)

Right. Thank you

Cable Update (GBPUSD)

[quote=BeeTogether;15012283] I have 13460 too however if we break 134 it might be worth having a trailing SL[/quote Good parity. Thanks dear friend.

Cable Update (GBPUSD)

Please can I have a copy of this indicator with the applicable settings ? Thanks.

Cable Update (GBPUSD)

This analysis is very timely. Great thanks to you. The target Fib ext 4 - 5 is located precisely at what point ? 1.3460 on my chart which seems doubtful.

Cable Update (GBPUSD)

GU has fallen into range and a strong contention between the trend traders and range traders will be seen. While trend traders will be willing to buy from 1.3360, range will be dragging price down to test current low at 1.3331/40. Unfortunately for ...

Cable Update (GBPUSD)