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    • Coreg2004 replied Sep 9, 2019

      maybe yes or maybe no...note that W_ iv-v didn't retrace even 50%... it tells you that someone was sitting there to at least squeeze short trades...chart, chart, chart...one TF only to follow if you day trade to make a decision otherwise you can ...

      Cable Update (GBPUSD)
    • Coreg2004 replied Sep 5, 2019

      MXT, it's very possible scenario, but I am fed up with GU because I missed in the morning my TP by 1.9 pips + spread so whatever happens I am OK with it. If my TS won't be hit I most likely close the trade manually during Tokyo session.

      Cable Update (GBPUSD)
    • Coreg2004 replied Sep 5, 2019

      Bones, when I saw yesterday your chart (the same you posted today) I had recollection moment how quickly calculate a target for C point...simply add the number of pips market dropped below prior low (0 to B) to the high at A...Are we get there? ...

      Cable Update (GBPUSD)
    • Coreg2004 replied Sep 4, 2019

      Bones, I give you my reversal #...1.23668...Please don't follow this recommendation. I test the theory that I read about on the internet some time ago how quickly establish point C after irregular B (of course if this is indeed irr.B).

      Cable Update (GBPUSD)
    • Coreg2004 replied Sep 4, 2019

      Moty, If I might be of assistance. That's what I do...Wait for the price to get into the zone, use PA to enter the trade (whatever your trigger is), then set SL and TP...but be discipline and have the patience to sit on the hands- literally not ...

      Cable Update (GBPUSD)