Glen, you know I was looking at the same thing and the price confirms itself by your H1 trendline and the trendline drawn between the 6th candle and the low of the day on M15. Another coincedence

SRDC Episode II

fixme1too, a very good start for the year. Keep it that way

Elliot Wave Trading

Very well said. Also the price is the less important of the 4 - volume, open interest, time and price.

Cable Update (GBPUSD)

That's my daily chart. Although technically the pattern I see is continuation of the prevailing trend I'm not convinced yet as there are exceptions to that rule. Ideally I'd like to see a break of that triangle before I make any assumptions which ...

SRDC Episode II

I haven't used the indicator yet but rather alerts in MT4 and I find a baby monitor very useful. If and when I'm away from the PC when the alert goes off you can still hear it.

SRDC Episode II

CoT report as of 19 — The latest CoT report from the CTFC as at 19 showed record long positions for GBP. Just a quick question - if everyone is long then who will be selling ? Hmm....

Cable Update (GBPUSD)

Another way for drawing quadrants — I was playing around with LRC and SDC this weekend and I found something very interesting which I believe is going to be helpful when drawing quadrants inside channels. First let's take LRC and put it on the ...

SRDC Episode II

Here's what I see on 1H. Anyone agree or am I wrong ? Regards

SRDC Episode II

Isn't that classic ? Thank you master Orange Roshan

SRDC Episode II

monarch, glad you're back. I really enjoy reading your inputs although I haven't been able to post frequently. As for your long I'm with you. Took a long this morning anticipating a run for a dobble top or there about within next few days. I was ...

Cable Update (GBPUSD)

It's Friday afternoon and it's pretty much done, guys. I doubt we'll see any rally in the last hour or so. It looks like it's gonna close to the low of the day and for the week. Regards

Cable Update (GBPUSD)

Well, that's way I'm confused - I only saw 3 waves up to that point. If that retracement unfolding now turns out to be wave 4 which I think it is then it's we'll see a a valid 5 wave impulse.

Elliot Wave Trading

You hit the nail right on the head

Cable Update (GBPUSD)

alternative wave count — fixme1too, please consider I'm still a newbie to EW and would appreciate some comments. That count is based primary on fib levels and I think we are very close to completing wave 5 ( if not already complete ) as it has ...

Elliot Wave Trading

C'mon guys, we really don't want to trade of someone else's opinion. Don't get me wrong as I'm not saying the cable is not going to 2.000. I don't know that. But I've been reading a lot of "analysts" are predicting a big move up and people are ...

Cable Update (GBPUSD)

The move was caused by a large US insurance name bought a decent amount of EUR, triggering the sharp move up, while large UK clearers out of HK sold USD/JPY on EUR spike up. It's on Oanda news.

35 pip spike on majors?

Guys, could you please stop all that. If you are not here to learn but to prove someone's wrong then that's not the place IMHO. We all know fixme1too is doing hell of work trying to educate us in a system that has been working for him. I'm sure that ...

Elliot Wave Trading

eur/usd already made new low for the day. good observation

Elliot Wave Trading

fixme1too, I don't want to confuse anyone ( this is just my opinion !!! ) but what do you think of that wave count. I see it as wave e down which for today also happens to be your 261.8 FE ( wave c ). Appreciate your comments.

Elliot Wave Trading

Fixme1too, is that what you looking for ?

Elliot Wave Trading