There is nothing much other than this consolidation phase in Cable, very confusing!

Harmonic Wave Journal

I am not so sure about Cable, but EURUSD most probably targetting a low at 1.4050 before making new highs.. we know this move is corrective but where to long LOL

Harmonic Wave Journal

1.4110 also represents daily low support, but I am cautious.. If that would be the case, we should see a stronger bounce towards 1.4150-60 now it's just near lows.. so who cares, It might take stops below 1.4110 until 1.4070-60 where another support ...

Harmonic Wave Journal

Who is saying 1.3800? cause I also heard people saying 1.4500..

Harmonic Wave Journal

Just putting my thoughts here; I think that the drop from 2.0650 to 1.9650 has completed a-b-c fall possible? Then again, with triple bottoms at 1.9650 I guess this is more likely a minor correction wave before an impulsive run beyond 2.0493 / ...

Harmonic Wave Journal

Yes, but again you are doing really fine. Very good start!

Harmonic Wave Journal

You are doing fine.. I also booked longs profit here

Harmonic Wave Journal

Stopped out, yet overall trade net positive some pips. So afte this correction lower I still favour upside especially euro which closed weekly/monthly on its highs with positive divergence.

Harmonic Wave Journal

I think that Cable is heading up on daily chart. But minor correction cannot be ruled out. It has failed 3 consecutive times to break below 1.9650 which set this as a base for further highs, thus I think the next highs will be well over 2.0650.

Harmonic Wave Journal

well, yes this is first trade and that whole thing seems amazing

Harmonic Wave Journal

I opened it a bit earlier, so my first lot got +40 already. Well, that looks nice!

Harmonic Wave Journal

Indeed. The general picture show positive upwards movement, I just thought this correction is very normal according to RSI readings. But surely Euro is set to test more highs in near future.. lets just hope we pick the right entry. Good luck this ...

Harmonic Wave Journal

I am not surprised by Euro/usd correction on other hand seeing its RSI was at 83-daily. So this might dragged cable to correct too, once the correction which is normal get over.. we can see upside again. For now, cable long is not a bad ride

Harmonic Wave Journal

I will be watching this closely..

Harmonic Wave Journal

I already received their email stating that I achieved 500 demo profit, and give me instructions to open my account. I've yet to send them the printed copy + gov issued ID.. I'll do this tomorrow though.

CMSFX Giving Away $500 Live Accounts

I am waiting for it to clear a minor top at 1.3700 which could confirm a return to 1.3852 and possible break higher. Right now, I've no plan for trading EURUSD.. It can go both ways

EURUSD

el_grande thanks for your generous work. I am not elliot wave fan, but looks like in the medium term GBPUSD will test 1.9650 or a bit higher before resuming it is uptrend. Can you confirm or reject this statement with your EW count please?

Elliott Wave Counting with EG

We should send complaints to Oanda, to reduce their spreads from 3 hours ago or something. The movement is so huge. They should treat this time as regular market condition.

Cable Update (GBPUSD)

lowered stop loss to 2.0185. Spread is 10 pips hopefully it does not hit before spreads are lowered. Speaking about Cable, GBPJPY looks set to test 240 this week. But It does not dip lol... No chance, no chance

Cable Update (GBPUSD)