Ive been short hopefully the usdchf turning long is forcasting the gbpusd short. It's something have to go to another chart to confirm my position

Cable Update (GBPUSD)

Sorry about the other. This one makes more sence. <TABLE style="WIDTH: 385pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width=514 border=0 x:str><COLGROUP><COL style="WIDTH: 62pt; mso-width-source: userset; mso-width-alt: 3035" ...

Cable Update (GBPUSD)

The average daily range for the gbpusd is 138 pips more commonly it moves around 125 pips. Below is what it has done so far this week. Little slow. If the down trend stays in tack then your daily high as of now will not change. Based on this ...

Cable Update (GBPUSD)

go to the the elliot wave threads (there are several one just started on the euro) and monitor what they say and what actually happens. Itme on low risk high reward trading uses it see what his results are. I am lerning more and more about price ...

Should I attempt Elliot Wave?

Here on the UsdJpy have a dbhlc with divergence on the daily.

james16 Chart Thread

Do you have something like this for the eur/usd and gbp/usd

Elliot Wave Trading

Do you have charts with wave counts. I would be interested to see how this is done.

(Euro) Elliott Wave Formations

Very Good point

Cable Update (GBPUSD)

May I ask what your source is?

Cable Update (GBPUSD)

Looks like a set up My broker is closed today so hopefully not to big a move will happen. More then likely not.

james16 Chart Thread

Up dated information for GbpUsd <TABLE style="WIDTH: 512pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width=682 border=0 x:str><COLGROUP><COL style="WIDTH: 48pt" span=2 width=64><COL style="WIDTH: 48pt" span=2 width=64><COL ...

Cable Update (GBPUSD)

Is this information being offered and is it ethical (legal) Not into doing anything under handed. Keep everything on the up and up

Your Ethics

I have to correct myself the retracement to the lower low did not happen until the second day. But it did retrace to the 61.8 fib before the end the next day following it's 290 pip run.

Cable Update (GBPUSD)

Here is another example after 290 pip day where the next day it retraced all the thru the 61.8 fib down to a lower low then the 290 pip day.

Cable Update (GBPUSD)

Here's one example of fib retracement after 207 pips on Feb. 7

Cable Update (GBPUSD)

Here is a list of the days the gbpusd moved 200 pips if you go to the chart and run your fibonacci retracements according to the bull or bear trend you will be able to see how it retraced. When the high and low is established for the day I am ...

Cable Update (GBPUSD)

For Instance the gbpusd and eurusd move relatively in the same direction. The UsdChf moves in opposite direction of the above two.

Daily range and correlation (?)

Looks Good What Do you think mbq11

Cable Update (GBPUSD)

That's a good approach waiting for the 23.6. That may be easier then try to find the bottom. I am at work when the NY sessions opens so it's hard for me to determine the bottom. But the last 3 times I was home around lunch time using this thought I ...

Cable Update (GBPUSD)

May I ask you a question. What is correlation. I know the figure you are talking about because I have seen the chart. What does it mean and how can we apply it to our trading.

Daily range and correlation (?)