Cable Update (GBPUSD)

200 moving average is at 1.4017 sh/1.4005 long from there.

IMHO next target is 1.419...

And you are laughing LAST Moty. 'Wanna Be' traders are no where to be found

Humility goes a long way and many on here have no clue

Stressful Much? You should learn to respect people

longs

all out !!!
i was shown the money

This new 4 hour candle will be the first one from long time that if its retrace upward, will be a good opportunity to sell this pair at 1.4100-10 now, while support 1.4010-30 will hold the pair until further notice.

Late hours to Asia session had been pumping this pair so far, maybe that period the retrace might happen before falling again.

As said before that new monthly/weekly open is the importance, price fell quickly to save bears for better close/open.

it can still go up again , we need to take out 1.43574
trying a little long

stop loss hit..reenter longs. support area

All out, 145 pips/14.5xR.. made 29% on my account

Looking for a long at 1.4020, depending on PA

Then back down

We're going down to 1.3930 as HARD SUPPORT for seller

well done buddy!! Good on you! I should have pulled at 14175. Got greedy! Now I’m hoping for a retrace to at least 14160

Alright Gang,

I think we all could see this was an "Extended / Expansive Wave-5"; but some things, we & more importantly, "I",
"Mwa", need to take our time in understanding & letting things un-fold. My entry was way too early / tech. wrong;
a few days back, as i wanted what i saw "Should be the norm" vs. what the Market was going to do.
I haven't lost a penny (yet), (Actually, I'm in Profit now )! -But there's nothing like sitting thru a 150 pip loser. That is not proper trading,
save for "Managing" the dumb-dumb trade, and good 1% Money Mgmt. "Cut your losers early";
& you won't be in Jail for three days. -I knew she would come down, 'just was the matter / question of "when"?

Also,
For those of us who are angry at the Market, we SHOULDN'T Be. She's done exactly what an Extended or Expansive Wave-5 SHOULD do,
according to plan, because on the Weekly WAVE-3 Was BELOW a 1.618, "IF" You were to call that a Wave-3.
There are a Plethora of "Purists" out there & even in here on Wave-Counts. Coreg's one of them. You can see that on the Weekly,
It could begin to be viewed as an A-B, then Long Wave-C, or a 'Couple Five- Wave Sets, you be the Judge! The Market surely
told us, that this needed to be an Expansive Wave-5 on the Weekly. Again, i'd caution us from blaming the market, others,
fighting others & overly bragging. Like the Game of Golf, or a Mavericks Wave Set, we can all be humbled in an instant.

Lastly, i see the ball game (not that you care). like the Game of Golf at times. -You always WORK at perfection &
I'd say "Perfecting" your game. But you can't beat it at times. -(Golf), or in this case, the Market.
Don't blame the dog eating your trade-plan (homework), your neighbor you hate (in here), etc, etc. Plan it, trade it, let it ride &
Take our own Responsibility. Our dumb trades aren't the Brokers Fault or "The Market's" Fault.



My Best Gang... If you follow these guidelines we would all be in the green, (Attached).

Jeff... P.S. Here is an attachment on Elliot Wave you'll find what i posted, cut & pasted from this:

GU

All position stopped out

P.S. Georginson... It's time we wake-up now buddy...

High risk trade

Remember the AWR of 200-250pips. We're already at 258p since yesterday....