Bones, usually, both legs AB and CD are equal in time, so minimum time for reversal is around 10.25 (+/- one day, leg AB 13 days, leg CD as of now 8 days) but this is a theory which very often plays out.

Cable Update (GBPUSD)

possible...completion of bearish bat pattern with very narrow PRZ @ 1.3204-22 still in play.

Cable Update (GBPUSD)

Guztro, I have 2 zones for DX I will watch this week closely...but GU doesn't hold too much weight in DX index (only about 12%) so my decisions when I trade GU are not tight to DX index movement.

Cable Update (GBPUSD)

HaLBot, you are getting there..., just kidding, awesome.

Cable Update (GBPUSD)

How GU will play on Monday?...Have a great weekend everyone.

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Bones, you won't surprise me I know you...I just saw your post now because I was preparing "the shocker" but you beat me almost like always.

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neither do I...

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Roby will be back here on Monday ...

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MC, depends on your TF...you can always scalp the range...

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Knkie, same here... but it's GU and after yesterday's Yankees' loss I can't take $hit anymore.

Cable Update (GBPUSD)

I was filled long on the second attempt. I first refuse to take +18 pips, but given the second chance, I didn't hesitate; +25 and I am out of this pair.

Cable Update (GBPUSD)

as long as low at (a) holds ...TV what do you use as your trigger?

Cable Update (GBPUSD)

waiting for the first trade to enter...

Cable Update (GBPUSD)

Malcolm, most likely... min time necessary to complete correction is between 10.25-11.07 (that's theory)- but maybe our fellow trader will be lucky and correction will be done earlier, let say on 10.24

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ashcorp, for sure they had called you from Luxembourg before you posted this chart...because they called me too. ... url

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Sir kimo, don't worry what other traders do just trade your own methodology/strategy/approach/plan and you will be fine. No one holds the gun to your head to take our advice. We are not here to provide trading signals just exchange our point of view ...

Cable Update (GBPUSD)

Slim Jim

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asgcorp, everyone is wrong from time to time on the move in one market, some are wrong on two markets a few on three markets, but only one on four markets.

Cable Update (GBPUSD)

Those who still hold NQ (futures) pray that top TL of the channel will hold.

Cable Update (GBPUSD)

Done, if GU goes higher today it will go without me...

Cable Update (GBPUSD)