I don't want to spoil the party for the bulls but until the last hurdle is taken out on (at least 15M chart) we can't be sure W:5 is in place...be careful...$ index is close to max out for now-imo...

Cable Update (GBPUSD)

Hi Moty, I love to play devil's advocate with you just to turn your attention to other possibilities...When I use Elliott Wave Principal to analyze the patterns it's not about being right, just to understand the position of the market relative to ...

Cable Update (GBPUSD)

fxpattern11, do you have any particular reason to start harmonic pattern in the middle of nowhere? I am just curious... I've noticed you do this often. Good luck with your trading.

Cable Update (GBPUSD)

no... in general

Cable Update (GBPUSD)

Arguments for longs or shorts at any time. Are you scalper, day trader, swing trader or position trader? What time frame is your analysis based on? 15M 1H, 4H or daily? Which move are you going to trade? only up, only down or both? Plenty of ...

Cable Update (GBPUSD)

exactly, just don't block information you see on the chart

Cable Update (GBPUSD)

Moty, a correction has to be contained by the channel. If the market can't do this, look for an extension to 1.25375 and then is only a short step to ABC becoming a 1-2-3-4-5 pattern and that my friend would be very bad for longs, which of course ...

Cable Update (GBPUSD)

Techanalyst, anything is possible in my book... I don't have a preconceived opinion, I always follow the chart...Swings are big enough to make day traders as well as swing traders very happy. I post a 1H chart to encompass the whole picture. Good ...

EUR/AUD

Oc6oph, possible...When I want to enter the trade I drop chart to lower TF (30M) and do a detailed analysis of this TF, then wait for my trigger. Hope it helps.

EUR/AUD

Amazing journey for almost 2 months...Possibility to reach T#5...I traded only 2 moves, from 2 to 3 and from 4 to 5...Enjoy.

EUR/AUD

Thanks C-12, I will practice with it.

C-12's Supply, Demand and PA thread

Pipcenturion, I've noticed your excellent calls in the last few days, care to reveal your method of forecasting? I agree with your prediction as long as January 3rd low holds. I made a similar call but so far I lower my targets. url ...You are ...

Cable Update (GBPUSD)

C-12, When I am done with putting my mumbo-jumbo on the chart and then look to left I always find S/D zone which will hold. I started to think about shortcuts, what if I knew in advance which S/D zone to choose without my work...I know I become ...

C-12's Supply, Demand and PA thread

Hi C-12, I have a question, is there any way to know in advance why the area I marked, became the demand zone yesterday?...or today

C-12's Supply, Demand and PA thread

taken out on the trail with +13

Cable Update (GBPUSD)

Yeah, the daily pivot was hit...If this is only a correction of AB move on my chart 1.26904 (green dashed level) should do it. I am waiting for one more section to the downside (at least) and will trail after that.

Cable Update (GBPUSD)

I compete with the market. ...don't forget about @navk, @Bones and other awesome traders here (sorry for omitting your monikers, no disrespect intended)

Cable Update (GBPUSD)

We are coming to the same point using different technical tools to find a decision point. What next?...time will tell.

Cable Update (GBPUSD)

Bones, doesn't matter what technical tools we use, we should come to the same conclusion. I noticed earlier that we are very close with turning points and targets on our charts. ...Here you also have a valid point because who can say that ...

Cable Update (GBPUSD)

Last week expanded flat correction (abc in circles) worked perfectly on EU...of course it means nothing for GU today...LOL... url

Cable Update (GBPUSD)