check this out...possible play...but stick to your plan...good luck with your trading.

Cable Update (GBPUSD)

thevisitor, are you still in your short trade?

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...and donate your money to the worthy charity than to "crooks" who know what they are doing... url

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Moty, W_3 can not be the shortest...

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Just remember yesterday was ID so the move up might not be over yet...

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Yesterday's zones still in play...

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Wavegarrick, I could bring d/g by posting the daily chart with Gartley or even crab pattern but I will restrain myself this time...

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Moty, a very reasonable objective for swing trade (3-4 days)...1.2351 a first hurdle.

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asgcorp, have you ever heard about dual time frame trading (one for analysis, one for entry/exit)? If someone enjoys watching the 4H charts to see if support/resistance holds I am ok with this too...

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thevisitor, target very doable especially if GU takes out inflection point YCL but why to enter so high? Notice that B went almost to 0.886 ret. so 1.13 ext, if YH is taken out, might be the first option to TP ...don't give up on higher targets just ...

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ease, easy let's take step by step...massive support underneath, it may take some time and GU has to take out daily PP.

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day after day...same ol' same ol'

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be vigilant my friend...

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msniper, how would you label move from W_4 to W_5?

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...

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just the chart...

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Moty is a good, transparent guy, not a simulator jockey...and he never insists saying sell now/ buy now...By the way Knot, do you know the criteria to get red diamond?

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Moty, stick to your plan, don't be the bird watcher, for intraday trades you can swing like broken doors for 20-30 pips per trade during NY session. Friday's High is objective right now.

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coderr, if you use EW on your chart please check the rules and guidelines for it... url , otherwise disregard my advice and share with us your method of trading. Good luck with your trading

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Not-KPMG, depends on how deep pockets and how strong stomach for DD someone has...personally I wouldn't trade this strategy although I trade ranges (Globex, Weekly, Daily) but enter only on a retracement to 50-78.6% in direction of the trend (HH-HL; ...

Cable Update (GBPUSD)