abcxabc just implies a complex b-wave, which could also be counted something like this... if a=c, would put us around 1.3510 which is a strong resistance area

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this looks too funny imo, no real fib relationships at all a low below 3360 will confirm for me some sort of top is in

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i think it prudent to see at least the broken daily channel recaptured before setting 800 pip targets

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tricky corrective count here... this is the best fit i could put to it, any other ideas?

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This count says we should consolidate/bounce around for at least a couple days before continuing lower... a caution to "uber-bears"

Cable Update (GBPUSD)

was looking to get in higher but maybe we won't get it, maybe bounce a bit from around here... everyone's bearish eh? well damn..

Cable Update (GBPUSD)

so two trades then. one to pick the start of the bounce and one and confirmation... gotcha

Cable Update (GBPUSD)

lol, those MA's ... isnt here where they're actually supposed to come in to play? channel breakout, resistance made support, looks overall very bullish for USD on daily

Cable Update (GBPUSD)

lets call it a warning to others!

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i wonder if it's doing it twice because my base account is CAD on top of their already high rates

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Threw in C100 a couple weeks back, buying bitcoins, take it up to 900 profit so am thinking that's enough and the rules are changing so i throw on a cable short thursday up at 6100 for 40k units and find out that i'm losing basically $10/day in ...

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they probably lost a bunch on the recent btc spike and are giving up on it completely!

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i actually have a plus500 account, original leverage was 10:1, 2.50 spread, min 1 lot when i started... now it's 2:1 leverage, 4.20 spread, min 10 lots... pointless

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Looking to short 1.3500, may be lower... Everyone has this 5 count now as it really doesn't count any other way... question now being if this next C-wave is the end of the correction or just an A-wave..

EURUSD

5 count valid by 1 pip... are you seeing this? Is it too sweet or what?

Cable Update (GBPUSD)

great post! i'm short and looking to add all the way up to 1.6115 resistance for swing shorts

Cable Update (GBPUSD)

did i manage to sufficiently scare you out of the long side?

XAU/USD & XAG/USD - Gold & Silver Traders Thread

The bearish 5 count is (amazingly) still valid since 4 did not overlap into 1 (it came close... 1 pip!) I've also shown an alternate corrective count that woudl play in to the large 4th wave triangle that I outlined in earlier posts.

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obvious resistance above, i'll play off it, tight stops with the rest of everyone else....damn

Cable Update (GBPUSD)

agree, doesn't look like a blow off top, it looks like trend validation...

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