Hey, yea I could see an accumulation going on in the 5m chart and support in the area. We were in supply and the top of a wedge on dxy. I had good confidence in it - I meant I may be wrong in the future medium term movement. I'm just scalping for ...

Cable Update (GBPUSD)

It was an accumulation after all, locked in at BE. When the wedge/ending diagonal breaks out on DXY i'm expecting strong bullish movement on cable past 1.40, possibly as far as 1.4050.NFP could change that though. As always may be wrong trade your ...

Cable Update (GBPUSD)

I'm totally new to elliot wave but have picked up a lot from your posts, please keep up the good work! I was watching out for that last down move on DXY and caught it perfectly.

Elliot Wave Analysis

Thanks, based on this wedge/ending diagonal It suggests to me we will make a good move down at some point

Elliot Wave Analysis

Long 1.3929, looks like accumulation Just took 12 pips. I'm gonna wait for the wedge to break out on dxy next and i'll enter long cable on the retest of it

EUR/USD 15m trendline breakout

Trying a long down here, 1.3930, based on the last pic I posted. Stop to BE asap TP open. Looks like a bit of accumulation down here...may be wrong

Cable Update (GBPUSD)

GBP feels like it 'wants' to go up. We could see a decent kick up from S1 if there is some dollar retrace. I wanted to buy down there but wasn't quick enough 2 possibilities on the dollar. Either we retrace from here to the circled area at which ...

Cable Update (GBPUSD)

Just closed her +30/3xR dollar hitting supply now and cable hit S1, it may want to retrace. I'll think about re-shorting higher up

Cable Update (GBPUSD)

I shorted the breakout and retest of this mini channel, will get my stops to BE asap and TP is open for now. Looks like the next bullish wave on the dollar is beginning. Entry was 1.3949 If this is right then we could be starting a nice long bearish ...

Cable Update (GBPUSD)

It looks like our corrective ABC on dxy is over and we're onto the next bullish wave. Any thoughts?

Elliot Wave Analysis

Shorted the top of the channel but got taken out BE. I then shorted the breakout of this mini channel when it retested. Stops to BE asap Just closed +30 The movement is quite weak and dxy is hitting supply now, it may want to retrace

EUR/USD 15m trendline breakout

That's fair, and I count myself as a Newbie i've only been at this seriously since November Hoping that posting about it might encourage someone else to look into correlations, as it was for me-just seeing someone on FF post about it which led me to ...

Cable Update (GBPUSD)

Ah sorry. I use it as a guide to where cable is going. It adds an extra confirmation- if you know where the dollar is going then you have a good idea where cable is going. Same with US Treasuries/UK Gilts. If you can combine all this info it gets ...

Cable Update (GBPUSD)

Thought about trading the breakout of this little 5m channel we're in but if it goes up its directly into a 1h supply so i'll hold off and wait for clearer set ups Although I expected a corrective movement down in the dollar my overall bias is ...

Cable Update (GBPUSD)

Hardest part of trading for me, controlling emotions. I'm still trying to get a handle on 'overconfidence' trades where I feel indestructible after a series of wins. It's a lot easier to lose money than make it too, funny how a weeks worth of gains ...

EURUSD only

I feel it may want to go lower before much higher, possibly 90.5, lets see

EURUSD only

I'm just gonna forget about this and hope it goes north during Tokyo. Stop to BE so it's a risk free trade. I actually ended up scalping a handful of pips and re-entering when it dipped again.

Cable Update (GBPUSD)

Thanks I'm Scottish so it's based on Scotland's tartan/football colours

Cable Update (GBPUSD)

Bought cable 1.3955, initially where shown in the pic. took BE then bought lower I just took 2 x 10 pip scalps on this, TP at the top of the channel buying the dips

EUR/USD 15m trendline breakout

Bought the dip. Stop to BE will buy lower if it drops more. TP open edit- BE, will buy lower Bought at 1.3955, stop to BE asap again

Cable Update (GBPUSD)