krst8, I don't believe I am smart enough to analyze other factors during the trading day (on the fly), that's why I concentrate on the charts. If I have the pattern I will take it, accept the risk, set the profit target, SL and so on. This comes out ...

Cable Update (GBPUSD)

pipfarm, I am a stubborn person, if something works for me I will continue using it until proven otherwise...As you see on my charts I apply only basic principles of EW, the rest is harmonic patterns, weekly/daily range. I know what you are talking ...

Cable Update (GBPUSD)

krst8, when I am in doubt I always refer to higher TF

Cable Update (GBPUSD)

no longs for me until I see 12345 pattern completed in BC leg...without it GU is still vulnerable to the downside.

Cable Update (GBPUSD)

gespiri, thanks, most likely 1000's of traders had seen this coming that's why we had such a strong reaction off this level...that's what I think.

Cable Update (GBPUSD)

...

Cable Update (GBPUSD)

navk, I mark only on my charts potential reversal zone without triangles but you have "hidden" Deep Crab there...I will hold at least until 1.2923 is hit...

Cable Update (GBPUSD)

go with the flow on your TF... image and Mr. Dollar is still pushing up... image

Cable Update (GBPUSD)

DX is in the potential time window for reversal, Mr. Time will tell if this happens...

Cable Update (GBPUSD)

corongumet, anything you can grab and read/study...after 2 years you will be amazed and PA won't be a mystery.

Cable Update (GBPUSD)

DX going up, going up... image and GU doesn't give any...so far. image

Cable Update (GBPUSD)

corongumet, there is nothing to correct because it's all about which swing you trade. On 4H chart, the last swing up (from Feb.10) is making HH-HL if this is your setup chart you would like to go long until Friday's Low is taken out... if this ...

Cable Update (GBPUSD)

Decision time is coming up... abc or 12345???

Cable Update (GBPUSD)

pure Dow Theory...

Cable Update (GBPUSD)

corongumet, any time...it's a never-ending journey, don't stop learning/improving/tweaking your method...check the pdf you might find something for yourself. Good luck.

Cable Update (GBPUSD)

Allow me to remind you that day trading/investing is not about being right or wrong with our prediction/guessing but about taking our proven/tested setups based on our method/strategy of trading.

Cable Update (GBPUSD)

Thanks, shahab8b, no I haven't read this book...I have other books on the subject of EW but try to keep it simple because my setup time frame is 30M so I need to quickly recognize the pattern and take action. Yes, I am aware of what's going on on a ...

Cable Update (GBPUSD)

On Feb.04 @Hezam warned us about this possibility... url

Cable Update (GBPUSD)

shahab8b, we still have plenty of corrective patterns to choose from...

Cable Update (GBPUSD)

Moty, correction is due on my setup TF...how deep? we don't know...nice work on the charts.

Cable Update (GBPUSD)