yes yes yes
Cable Update (GBPUSD)
- #841,522
- Edited 1:07pm Oct 10, 2024 12:50pm | Edited 1:07pm
- Joined Sep 2015 | Status: Under Pressure | 4,596 Posts
Waiting for the signal {image}
Together we can be strongest
Vantage Return This Month:
-97.0%
- #841,523
- Oct 10, 2024 1:20pm Oct 10, 2024 1:20pm
- Joined Sep 2015 | Status: Under Pressure | 4,596 Posts
GBPUSD - Buy
Together we can be strongest
Vantage Return This Month:
-97.0%
- #841,524
- Oct 10, 2024 1:59pm Oct 10, 2024 1:59pm
- Joined Sep 2017 | Status: Trader | 4,364 Posts
{quote} You'll be happy to know Leon I've added to my SHORTS BE now at 1.2300...
A word of caution, though. We are in the 4th quarter of the year and in the beginning phase with 1.3000 broken as a steppingstone. I tend to lean to the upside, but much will be decided on the 15th of November, if you want 1.23 look for it maybe sometime next year. Keep your swaps in check.; It is too late in the year to look for a major reversal. 1.40000 remains crux for a xmas run.Happy trading.
Trade to trade another day
- #841,525
- Oct 10, 2024 2:15pm Oct 10, 2024 2:15pm
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #841,526
- Edited 2:46pm Oct 10, 2024 2:23pm | Edited 2:46pm
- Joined Oct 2010 | Status: Trader | 4,465 Posts
{quote} Hmmmm.......So you are predicting 1.230000
Looking at the weekly which is now in a correction against the monthly, there is only one leg down, a correction is 3 legs minimum, so likely that we may see a move back to 3200 to make the second leg and then further downside to complete the 3 legs of the weekly correction before any attempt higher if at all.
Remember at some point price always goes back to test the leg that it broke prior to moving down in this case
We might already be at the start of the move up to 3200 as H4 is showing what could be A (abc B , downside expansion) and C to complete the up move.
Gold is coming out of D1 correction- gold up dollar down, means gbp up
Follow The Markets Structure - Patience and Discipline
- #841,527
- Oct 10, 2024 2:24pm Oct 10, 2024 2:24pm
- Joined Sep 2015 | Status: Under Pressure | 4,596 Posts
GBPUSD - Buy {image}
Together we can be strongest
Vantage Return This Month:
-97.0%
- #841,528
- Edited 3:03pm Oct 10, 2024 2:38pm | Edited 3:03pm
- Joined Mar 2008 | Status: Name real with real own way | 23,414 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #841,529
- Oct 10, 2024 2:50pm Oct 10, 2024 2:50pm
- Joined Oct 2020 | Status: Trader | 14,051 Posts
Insane in the Brain..
- #841,530
- Oct 10, 2024 3:02pm Oct 10, 2024 3:02pm
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
{quote} Hmmmm.......So you are predicting 1.230000
, it could easy go to 1.4000 as 1.2300 only the coin knows ...
- #841,531
- Oct 10, 2024 3:04pm Oct 10, 2024 3:04pm
- Joined Sep 2017 | Status: Trader | 4,364 Posts
Trade to trade another day
- #841,532
- Oct 10, 2024 3:06pm Oct 10, 2024 3:06pm
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
{quote} Hi Pipfarm, I don't look at wave counts and so forth the way you guys do. Time is a major factor for me iow time of the year. We are in a period where no tech analysis will make sense when the big boys get in and believe me they are about to get in. I have been in this year after year. and will be looking for the ride. Cheers
- #841,533
- Oct 10, 2024 3:12pm Oct 10, 2024 3:12pm
- Joined Oct 2010 | Status: Trader | 4,465 Posts
{quote} Hi Pipfarm, I don't look at wave counts and so forth the way you guys do. Time is a major factor for me iow time of the year. We are in a period where no tech analysis will make sense when the big boys get in and believe me they are about to get in. I have been in this year after year. and will be looking for the ride. Cheers
respect to you and your opinion
wishing you luck, your gonna need it this time
Follow The Markets Structure - Patience and Discipline
- #841,534
- Oct 10, 2024 3:13pm Oct 10, 2024 3:13pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,377 Posts
- #841,535
- Oct 10, 2024 3:16pm Oct 10, 2024 3:16pm
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
https://www.youtube.com/watch?v=PC72cdXPOE4&t=53s Worth a watch if you have time
....Terry long time no see, hope you smashing the FTSE DIVI, not a single losing trade yet Lazy has said ...
- #841,536
- Oct 10, 2024 3:19pm Oct 10, 2024 3:19pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,377 Posts
{quote}
FTSE Div does what it say on the tin ..... easy, easy money for anyone willing to put in the time
- #841,537
- Oct 10, 2024 3:25pm Oct 10, 2024 3:25pm
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
SPX500
This is my guessing only.
Monthly Time Frame:
Monthly time frame, a clear three-wave structure moving upward, with Wave 3 likely heading towards the 161.8% Fibonacci extension.
It’s probable that this wave will reach that level before a significant pullback, potentially marking the beginning of Wave 4, which could then be followed by a continuation into Wave 5.
Daily Time Frame:
The focus remains on the 161.8% Fibonacci extension.
If price breaks above this level, we would immediately look to apply a Fibonacci retracement on the last upward move.
This could present an opportunity to short, as the market might be in a corrective phase following the last swing up.
The potential correction of the entire move mentioned above on the daily chart depends on price making a new high, then breaking the structure.
If price continues to form higher highs and higher lows, may hold onto long positions and wait for a clear structural break before considering shorts.
However, before making any premature decisions, it’s crucial to observe whether this break represents a genuine structural shift.
So far, we haven't seen such a break, and the trend remains bullish.
Therefore, will continue looking for long opportunities in line with the overall uptrend.
4-Hour Time Frame (H4):
On the 4-hour chart, the current structure resembles a one-two-three wave pattern, with the last significant structural level being far from the current price. This suggests that the market could be in a Wave 4 correction, possibly bouncing off a Fibonacci level before continuing upward in Wave 5.
If price makes a new high, followed by a downturn and a break of the Wave 4 structure, it could indicate the start of a larger pullback, as seen on the daily time frame.
1-Hour Time Frame (H1):
On the 1-hour time frame, there is a good chance we are in Wave 4, with price testing the level of Wave 1. The pattern shows a potential one-two-three wave structure, followed by an ABC correction. The ABC correction appears to be respecting key Fibonacci levels and may be setting up for a bullish engulfing move to the upside.
This is my guessing only.
Monthly Time Frame:
Monthly time frame, a clear three-wave structure moving upward, with Wave 3 likely heading towards the 161.8% Fibonacci extension.
It’s probable that this wave will reach that level before a significant pullback, potentially marking the beginning of Wave 4, which could then be followed by a continuation into Wave 5.
Daily Time Frame:
The focus remains on the 161.8% Fibonacci extension.
If price breaks above this level, we would immediately look to apply a Fibonacci retracement on the last upward move.
This could present an opportunity to short, as the market might be in a corrective phase following the last swing up.
The potential correction of the entire move mentioned above on the daily chart depends on price making a new high, then breaking the structure.
If price continues to form higher highs and higher lows, may hold onto long positions and wait for a clear structural break before considering shorts.
However, before making any premature decisions, it’s crucial to observe whether this break represents a genuine structural shift.
So far, we haven't seen such a break, and the trend remains bullish.
Therefore, will continue looking for long opportunities in line with the overall uptrend.
4-Hour Time Frame (H4):
On the 4-hour chart, the current structure resembles a one-two-three wave pattern, with the last significant structural level being far from the current price. This suggests that the market could be in a Wave 4 correction, possibly bouncing off a Fibonacci level before continuing upward in Wave 5.
If price makes a new high, followed by a downturn and a break of the Wave 4 structure, it could indicate the start of a larger pullback, as seen on the daily time frame.
1-Hour Time Frame (H1):
On the 1-hour time frame, there is a good chance we are in Wave 4, with price testing the level of Wave 1. The pattern shows a potential one-two-three wave structure, followed by an ABC correction. The ABC correction appears to be respecting key Fibonacci levels and may be setting up for a bullish engulfing move to the upside.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #841,538
- Oct 10, 2024 3:25pm Oct 10, 2024 3:25pm
- Joined Sep 2017 | Status: Trader | 4,364 Posts
{quote} i am not looking at wave counts , it is a simple fact markets corrects in swings usually minimum 3 so whenever the up move starts it is swing 2 only which ties in with the time of year you mentioned respect to you and your opinion wishing you luck, your gonna need it this time
Cheers
Trade to trade another day
- #841,539
- Oct 10, 2024 3:52pm Oct 10, 2024 3:52pm
- Joined Oct 2020 | Status: Trader | 14,051 Posts
{quote} Hi pal
Insane in the Brain..
