GU touched H&S target...DX is in reversal time zone but still has 3 days (until 08.01) to reach ideal time and price target...

Cable Update (GBPUSD)

.Meugampong, I couldn't agree more with the statement "no one has a cristal ball in this business"...know your playbook, choose the setup, trade your plan (entry, exit, MM). I am a day trader but sometimes I take the trade which I hold longer. I am ...

Cable Update (GBPUSD)

Yes meugampong, you are correct. On your chart, we don't see any evidence that trend has changed (we still see LH-LL)...but if you take under consideration primary angle of two last swings you will notice that the second leg lacks the intensity of ...

Cable Update (GBPUSD)

very impressive...congrats.

Cable Update (GBPUSD)

come on asgcorp, don't you see good interest at 2431 to the long side where the wicks form? Sure GU has a few hurdles on the way up (see my chart) but it's trading, we don't have to know everything to make a decision and wait for the confirmation of ...

Cable Update (GBPUSD)

yea, first good sign...good luck with your trading.

Cable Update (GBPUSD)

Hi Justfx87, rightly so, ...but at some point, the last low will hold ...hopefully for my analysis the lowest low which has been made on July, 17 otherwise I will need to reevaluate my daily chart.

Cable Update (GBPUSD)

I have a little lower target for DX to cool off (possibility). Check the chart fontu, the rest of my analysis matches perfectly yours.

Cable Update (GBPUSD)

I don't want to duplicate comments because it might seem that I copy someone viewpoint... @hesron beaten me to it today... url

Cable Update (GBPUSD)

mbrown take the wild guess, come on mb you know how I trade ( we used to post similar charts, you with PF and I with channels)...Yes, I am bullish on GU...

Cable Update (GBPUSD)

no personal viewpoint, just the charts...

Cable Update (GBPUSD)

just the charts...

Cable Update (GBPUSD)

Moty, be always prepared for more BS with PA...Friday PA gave the warning that it might be B (corrective wave) at the end of the day.

Cable Update (GBPUSD)

xristos, please check this out... Elliott wave rules: Rule 1: Wave 2 can never retrace more than 100% of wave 1. Rule 2: Wave 4 may never end in the price territory of wave 1 (I use closing prices on a daily chart, allow penetration on intraday ...

Cable Update (GBPUSD)

Always trade your plan...

Cable Update (GBPUSD)

You can always come up with an alternate count of waves, this is not foremost important for me. Fibonacci relations between the waves, it's what I care about. Price can always go higher/lower.

Cable Update (GBPUSD)

xristos, please don't mess up my charts, post your own. Thank you. Note my signatures under my posts.

Cable Update (GBPUSD)

Yes, 1.2588 will be bi(a)tch to take out...but it's the market anything can happen.

Cable Update (GBPUSD)

Moty, nicely done...congrats. Now you have to repeat today's performance at least 50 times...GU reached textbook objective for today.

Cable Update (GBPUSD)

Moty, monitor closely move from 4 to 5 because PA is typical for correction (overlaping sections/swings) only possible scenario for W:5 is ugly diagonal wave...Take care.

Cable Update (GBPUSD)