Test message... Check "Apparently", I cannot "Like" any thread, or give thumbs up to people. Am i in Forex Factory (Jail)... ? Somebody know why this occurs? Just curious gang, Jeff
Compulsions can be hard to resist
Cable Update (GBPUSD)
- #566,562
- Dec 17, 2020 4:27pm Dec 17, 2020 4:27pm
- | Joined Aug 2006 | Status: Terrapin Pipper | 1,186 Posts
I will work to Objectively Identify my Edges
- #566,565
- Dec 17, 2020 4:31pm Dec 17, 2020 4:31pm
- Joined Jul 2009 | Status: The Alchemist | 8,917 Posts
Test message... Check "Apparently", I cannot "Like" any thread, or give thumbs up to people. Am i in Forex Factory (Jail)... ? Somebody know why this occurs? Just curious gang, Jeff
- #566,566
- Dec 17, 2020 4:34pm Dec 17, 2020 4:34pm
- | Joined Aug 2006 | Status: Terrapin Pipper | 1,186 Posts
{quote} I am wondering why you think that's not a double top. There are a few things. Firstly, I look at the line chart (close price) to identify patterns as they are more clear that way. Based on that, that double top already made its target at 1.3550. Secondly, I suggested possible levels for long trades on the chart, the first one being 1.3550. Meaning, I did not suggest a trend change based on larger TFs. For now, it looks like an abc correction. I'll wait to see how this plays out. But I will keep an open mind as reversals can be spotted first...
I just wanted to "Chime-In" here, on things, and frankly am grateful for reading your post(s)...
For me,
It Shot a Nearly "Perfect" 1.618, End of Wave-5 Completion, in the Trend.
Now, that said, -was that and end of Wave-5, Inside a BIG Wave-3? Alot needs to be "Picked Apart".
I can only say, i needed to stick to my guns with it.
What i see in your, aforementioned "Double Top", was to me an End of Wave-5, of 5.
I could be just as simple as that. We are getting FAR INTO this Uptrend & I will leave it at that.
My Best Shahab8b,
Jeff... Here's how, (for me), Wave-4 Predicted End of Wave-5 Beautifully, Today:
I will work to Objectively Identify my Edges
- #566,569
- Dec 17, 2020 4:51pm Dec 17, 2020 4:51pm
- Joined Oct 2010 | Status: Trader | 4,465 Posts
Follow The Markets Structure - Patience and Discipline
- #566,570
- Dec 17, 2020 4:53pm Dec 17, 2020 4:53pm
- | Joined Aug 2006 | Status: Terrapin Pipper | 1,186 Posts
{quote} I have the same issue. It seems when you "like" a post it does not appear right away. You need to give it time. Go to another page and come back. It's weird.
Thanks Captain,
I guess we'll send "Smoke Signals" for now.
!One other Note on my Post Previous...
I am posting the Daily, and I marked off Wave-1 and 2 and that was it,
if i remember right, here. You Can see the end turns out as a Solid, Vertical,
Blow-off, (Nearly) all Solid White and again, VERTICAL Wave Set.
Again, from my previous Post the 1.618 Stopped it "Dead" in it's tracks.
As did that Rotten Price Action Context Pip Farm was mentioning, i agree with.
-He discussing it, obviously better, than "mwa".
Last note,
Since the drop was not so Extremely Violent, i can envision that that was an end of Wave-5, of W-3.
-We shall see, i'm gonna tread lightly w/no false predictions. We shall see,
My Best Shahab8b,
Jeff
I will work to Objectively Identify my Edges
- #566,571
- Dec 17, 2020 4:58pm Dec 17, 2020 4:58pm
- Joined Jul 2009 | Status: The Alchemist | 8,917 Posts
- #566,573
- Dec 17, 2020 5:04pm Dec 17, 2020 5:04pm
- | Joined Aug 2006 | Status: Terrapin Pipper | 1,186 Posts
{quote} I appreciate you nice words Jeff. I agree with you. It looks like a 5 wave move completed inside a bigger wave 3. If that's the case, we can buy the dips (possibly around 1.35) for the next leg up. {image}
'Agree Wholeheartedly & Completely w/your Chart...
That's what i'm seeing. I'm just gonna be cautious as a "Mother-Trucker", with it.
(Whatever that conjures up)
!So Amen,
Not to Predict to everyone or give the "Whole Ball of Wax / or the Ball Game Away,"
But to me, that LARGE WAVE-3 Set, would then see a 23.6 to 38.2 Retracement, eh? -We Shall See.
My Best Shahab8b, Great bouncing things off w/you,
Thank You,
Jeff...
P.S. I'm finding the "Like" Button does work as you said... You just have to Smash it a bunch-of times until it has this "Shaded Bar", to the left of it, -THEN go to another page & come back & it's Green!
Thanks Shahab8b. 
I will work to Objectively Identify my Edges
- #566,574
- Dec 17, 2020 5:06pm Dec 17, 2020 5:06pm
- Joined Mar 2020 | Status: Trader | 3,499 Posts
Compulsions can be hard to resist
- #566,576
- Dec 17, 2020 7:59pm Dec 17, 2020 7:59pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
If you are new to Forex? Say Goodbye to your account!!
- #566,578
- Dec 17, 2020 8:11pm Dec 17, 2020 8:11pm
- Joined Dec 2017 | Status: Trader | 30,688 Posts
when price is below the 50 liner weighted band take short when red bar appears , exit when green candle appear 
planing to long dax if price get above the band at fo , if not i will take short for 80-100 points 
in the past i was trading only that index
planing to long dax if price get above the band at fo , if not i will take short for 80-100 points
in the past i was trading only that index
yes yes yes
