Cable 15 min EW count — Here is my current view of cable. Working in a larger a-b-c upward flat pattern. Currently working on the [b] leg down in 5 waves to end of week or perhaps into the start of next week. Intermediate term delta low due on ...

Cable Update (GBPUSD)

Where to now — So we got the drop to a low. Where do we go from here and what is your larger pattern you are following? slick

Cable Update (GBPUSD)

Bored traders? — So what is this. " This baby is going to fall like a rock" ??

Cable Update (GBPUSD)

Bacj north now? — We have had a 1.272 expansion retrace of the 3 wave move up from the initial low this morning [from 5988 to 6069] and have now moved 187 pips for the day. More closer to the ADR for the last few days. Now I look for a ...

Cable Update (GBPUSD)

ATR 155 — Jemmy the last 4 trading days have been 183 to 264 pips each. Today 164. 11:35 and 11:55 am 5 min candles had buying in them, otherwise why wud the following candles have gone up! There is a fib retrace confluence at 6017 [.382 and ...

Cable Update (GBPUSD)

Why do you think it will not go down further today? What reason?

Cable Update (GBPUSD)

Hey jumpin jemmy - good trade

Cable Update (GBPUSD)

EW flat correction or continuation — Now we have to see if the move continues or morphs into a 3-3-5 flat where we return to the 50% retrace high before down. Proving ground right now.

Cable Update (GBPUSD)

Retrace complete? — Nice 50% retrace in 3waves of the move down today. Feel it should continue south from here still into next week. Upthrusts on the 5 and 15 min charts at the 6069 high.

Cable Update (GBPUSD)

Stay out — When in doubt and confused - STAY OUT AND WATCH

Cable Update (GBPUSD)

5 min chart — Appears no demand test on the 5 min chart on the 8:45am est bar. Should go lower.

Cable Update (GBPUSD)

Larger timeframes [daily still down] — Hard to say on the 5 min as the main move for the day of 164 pips has been done already. May just slosh around in here now. I did not have a 5 min chart up when I looked at the 15 min earlier. EW tricked ...

Cable Update (GBPUSD)

15 min final leg down?? — Retrace at 6026 was 1 pip under resistance of the previous 3rd wave. If done wave equality between waves 1 and 5 would bring in a 5979 possible low. It can still go below that but it will be 173 pips for an ADR

Cable Update (GBPUSD)

Small retrace — Elliott wave pattern is incomplete for the down move. Appears working on a small 4th wave of the 5th right now. Maybe to the 6021 level [50 % retrace of 3rd wave] and then down to finish 5 waves down to a lower low. Caution ...

Cable Update (GBPUSD)

Retrace maybe on — 164 pip move down into swing area. 15 min chart showing a hammer candle on increased volume of trading. Bottom may be in for now for a retrace but not the low. It will be going lower into end of week or into Jan 12 on an ...

Cable Update (GBPUSD)

Cable ADR — I have not been trading forex for awhile and just getting back at it. Could someone tell me what the average daily range for cable is these days please. I have avg over last 10 days of 157 pips. That is about where we are right ...

Cable Update (GBPUSD)

Mixed Opinions already — Hey Gambling Guru Let's start your thread off with some contrarian opinion here: "For the purpose of this journal it will run until September 2007 or until cable hits 2.0510, whichever is sooner. I have an outstanding ...

:: Cable (GBPUSD) Trend Trading ::

15-60min TF's — I have placed one of my charts to illustrate the 15 relationship to the 60 min stochs. Dark green and purple are the 1 hr. I have found there really is no concise correlation as the chart will bear out. It does seem that there ...

MTF Stochastics

Another Beauty set-up — 5:05pm EST short at 237.34, pull 1st lot for 23 pips and 2nd for 32 pips by 7:01 om. Smelled a retrace coming on so bailed. Will look to re-enter when signals confirm again. A Great set-up. About as good as they get All ...

MTF Stochastics

Delta Phenomenon — Hi Tim hope to start thread in forex factory once all my distractions subside. Like high speed internet down-up-down----. forexfactory viruses DO NOT LIKE. Several other thingies like a crippled wife with broken ankle for ...

MTF Stochastics