I am preoccupied with the YM (Dow minis- futures) trades ...where the fun really is but I will review your suggestions during the weekend...Thanks, pipfarm.

Cable Update (GBPUSD)

pipfarm, we still hanging by the thread (not my first and probably not my last time)...I sometimes drop to a lower time frame to see more detailed chart. I moved SL to 3 pips above last high on 15M chart... if I am taken out so be it... How many ...

Cable Update (GBPUSD)

pipfarm, my min. target also...

Cable Update (GBPUSD)

If your trading parameters allow aiming at AB=CD because of a weak reaction @1.30834 stick to it...

Cable Update (GBPUSD)

Target hit... image possible long term trade...always stick to your setup time frame... image

Cable Update (GBPUSD)

Karlmoc, at least 20 of us here in this thread waiting for what you have on your chart to happen...

Cable Update (GBPUSD)

still the chance that ABC becomes 12345 pattern...decisions, decisions...watch for the 3rd touch of the TL and WH (@1.3119)

Cable Update (GBPUSD)

It's possible for W_5 not to exceed W_3 high. It's called truncated wave five...please check the link. url Edit:...or this one... url

Cable Update (GBPUSD)

Guz, prior week high @1.3119 holds firmly, IMO it's a tough cookie to crack...just saying...keep eye on it.

Cable Update (GBPUSD)

Nothing new to add, a green zone for potential W_4 (complex correction) holds and GU remains in the range. We will see how it unfolds, soon (hopefully).

Cable Update (GBPUSD)

If the green zone holds possible another push-up... I love the expression "stop hunting".

Cable Update (GBPUSD)

ricmi, if we are lucky we can have Deep Crab pattern...although maybe not today, we never know...

Cable Update (GBPUSD)

still some room to go up...

Cable Update (GBPUSD)

for those who still struggle with fractals and multi time frame analysis...

Cable Update (GBPUSD)

chess king, good catch...nothing invalidated this option of your on 4H or daily chart...

Cable Update (GBPUSD)

gespir, possible...

Cable Update (GBPUSD)

fontu, by my chart yesterday range was NR4 and NR7

Cable Update (GBPUSD)

Guztro, sorry to say that but you might have a loss of memory...we were in the same class...I told you before.

Cable Update (GBPUSD)

The narrowest daily range in the last 4 trading days...

Cable Update (GBPUSD)

When the prior day range is NR4 or NR7 is wise to wait until R3 or S3 is hit before reversing and trade in the opposite direction...

Cable Update (GBPUSD)