Originally Posted by jharteam image As of now, the downward sloping 5-min modified Schiff Fork is still containing price actions; the bears are still in control. Still have some shorts from 1.4825. I see no reasons whatsoever at this juncture for ...

Cable Update (GBPUSD)

My immediate downside target is -1.4666+ at the Schiff's Median Line. Stop Profit 1.4760

Cable Update (GBPUSD)

Re: 5-Minutes GU — As of now, the downward sloping 5-min modified Schiff Fork is still containing price actions; the bears are still in control. Still have some shorts from 1.4825. I see no reasons whatsoever at this juncture for any longs or ...

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Very possible, Median Line of the downward schiff fork comes in -1.4700+ though. Have a good one J.

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Modified Schiff Fork depicts the bears are in control of GU. This downward sloping fork has already been 'tested' twice'.

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it's a Head & Shoulder top to me...be careful

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Butterfly Harmonic in 1-min worked out as planned. just squared the longs for 80ppts; keep the remaining for a 'free trade'

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In a sense you are correct, I trade the local futures in the morning. Along with spotting FX setups in Asian hours, and right now, that's your morning; I am readied to hit the sack.

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nah, that's the way I've been trading FX for the past 15 years. I like attention to details and set my stops real tight.

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The driving down to -1.4799+ completed the 'test and re-test' of the upward sloping pitchfork on the 5-min, 15-min time frame. The -1.4780~99+ must not break in order to for the up trend to resume. Longs should be out on downside break of the said ...

Cable Update (GBPUSD)

Re: GU 1-min — Butterfly Harmonic pattern in the 1-min time frame with fibs clusters. Break of -1.4780+ nullifies the said pattern and longs should be out.

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Re: GU 1-min — I see a small Butterfly Harmonic pattern resolved in the 1-min time frame. If -1.4780+ holds; this pattern is confirmed and GU should be longed.

Cable Update (GBPUSD)

And sure that's the spot that should be released a ton....This is an important area to consider for the bulls and bears. As of now, the up trend is still intact for the bulls and the bears, like Shemenator, will start the squaring...

Cable Update (GBPUSD)

GU just tested -1.4770~80+, this is the first test of the up sloping pitchfork in the 15-min, 5-min time frame. If this level holds, the up trend in GU will be intact; break of this level will see further sell off from here.

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The initial placement of stop is the one that makes you most uncomfortable with. Once you have room to move your stop; you should do it immediately; this is essentially doing sound and proactive risk management; and this is what they call, "working ...

Cable Update (GBPUSD)

Re: 5-Minutes GU Updates (Asian Session) — 5-min Gbp/Usd Median Lines + Gartley 222

Cable Update (GBPUSD)

Re: 5-min GU — The bullish Gartley 222 harmonic pattern played out nicely with almost perfect fibs correlations. -1.4550+ held on as a bottom by the median line of the modified schiff fork.... -100ppts+ move. Have a good one.

Cable Update (GBPUSD)

This is the POTENTIAL Gartley 222 I detected on the 15-min, 5-min timeframe. Apologize it should be prices can't break below 1.4528 in order for Gartley 222 to resolve.

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be careful, POTENTIAL bullish Gartley 222

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yes, -1.4550+ the modified schiff median line.

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