Opportunity #G1/07
GBP/USD Long
2 Components
Entrance: 1.9638
Stop (First): 1.9588
Subwave B or 2 up Commerce.
Update 1: Cable went to 1.9592, 4 pips from the halt (!!) . S/L tightened to 1.9591 (guarantees -47).
Opportunity #G1/07
GBP/USD Long
2 Components
Entrance: 1.9638
Stop (First): 1.9588
Subwave B or 2 up Commerce.
Update 1: Cable went to 1.9592, 4 pips from the halt (!!) . S/L tightened to 1.9591 (guarantees -47).
Opportunity #G1/ /07
GBP/USD Extended
2 parts
Entrance: 1.9638
Stop (initial): 1.9588
Subwave B or 2 up trade.
Update 1: Cable went to 1.9592, 4 pips from the stop (!!) . S/L tightened to 1.9591 (guarantees -47).
Update 2: It struck 23.6% retracement of subwave A or 1 so far. Took 1st gain at 1.9650 ( 12). S/L tightened to 1.9610 (guarantees -28).
Opportunity #G1/ /07
GBP/USD Long
2 parts
Entry: 1.9638
Stop (initial): 1.9588
Subwave 2 or B up Commerce.
Update 1: Cable went to 1.9592, 4 pips from the halt (!!) . S/L tightened to 1.9591 (guarantees -47).
Update 2: It struck 23.6% retracement of subwave 1 or a so far. Took 1st gain at 1.9650 ( 12). S/L tightened to 1.9610 (guarantees -28).
Update 3: Puh, finally can access and place innigeriaforextradinghere (darn lecturer!) . Well, BoJ announcement news pushed cable greater and provided the quantity. Took last benefit at 1.9694 ( 56) and shut the transaction.
Total advantage: 68
Thanks, barak. Only commerce tho the one is a loser lol. Hope not.Originally Posted by ;
Anyhow, last miniature wave (magenta) 5 down for cable is all finished, completed in 1.9592 low. So today subwave (orange) B or 2 retracement is on the anger, with miniature wave A has likely finished. Let us see how cable moves.
Usd Gbp _ Probable Wave count
End of a wave B Could be upon us ....
Merely a Probabilty .... Not Cast in Stone ! ....
Wave -Counts differ from Person to Person
-This B wave rally is fine and steep, -Just the way that Gann observed it !
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(2 charts attached)
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Hi marketwavez, thanks for the charts. We agree that this is a period of cable. It's holding close to the top. More push upwards is possible. The notorious 1.9720 resistance could come into play again. Shouldn't have shut my.
Oops, should have do not count yet (thanks to Steviet who published this in his journal before).
Only 1 transaction thru this weekend, in EUR/USD.
Short
4 components
Entrance: 1.3438
Cease (initial): 1.3488
Already took 1st TP in 1.3375 ( 63) on Fri.. S/l tightened to 1.3445 (ensured -7).
Update 1: S/L tightened to 1.3437 (guarantees 1).
Great thread, Traex
I am on the exact same page as you guys that cable is at ABC correction however about that ABC being wave two ? I don't find the uptrend completed yet on the image.