New Cable Thread & Other Pairs

Quoting ianlikesgolf

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GJ direction is up on weekly H4 current long wave, wait for a retrace for a higher low 3rd chart H4 upper blue line where the last lower high was broken trend change h4 4th chart h1 lower blue line where the last lower high was broken trend change h1 {image} {image} {image} {image}

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Quoting kevin1959

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{quote} Hi Ian. Thanks for the charts and explanations. The pound somehow managed to grow some wings on Friday. On my G/J chart on the 4 hour it is showing price has reached the 61.8 fib retracement, but I can see what you and Kwt4x means. There is no sell signals. I'll see how it plays out next week and maybe have to do a rethink on this pair. Kind regards Kev. P.S sorry about the lack of a chart for some reason or another my IG trading platform has stopped me being able to copy and paste, but I am looking in to it as it worked fine before the...

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Quoting Kwt4x

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{quote} Hi Kiv, you don't have to rethink the pair, reading the market by TIME will work on any pair any TF any market. simple understanding of Dow trend stages (HHHL-LLLH) will organize the reading for you. GJ tried to force daily direction into sideway and low range in Thursday but did not break previous day Low, so, it's still not a sell. on Friday with JPY interest rates the pair resumed the original direction inline with the general direction of the week(blue BB). {image} ps: you can use third party software to capture screen, I use ScreenHunter...

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Quoting kevin1959

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{quote} Hi Kwt4x. Thank you so much, Kind regards Kev

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Quoting ianlikesgolf

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in its purest form the line chart for the DOW reading because closing prices are what is important {image} {image}

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Quoting kevin1959

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{image} {image} {image}

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Quoting kevin1959

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{quote} Hi All Sorry I'm not trying to clog up this thread, I've downloaded screen hunter and just trying to get used to it Regards Kev

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Quoting Kwt4x

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{quote} you owe me $1 for using my advice. clogging the thread is unacceptable, so, you're fined another $1 . you just broke the record of "Big Spender" in this thread. congratulations. ps: the thread should be active especially with beginners questions.

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Quoting kevin1959

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{quote} Hi Kwt4x. I think I'll end up owing you a lot more than that lol Regards Kev

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Quoting Kwt4x

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{quote} just so you know, I give 50% discount every Friday, you might want to take advantage of that

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Quoting Kwt4x

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random measurements are never a fact, and when you dicover a mistake it's going to be too late. pure math should always be trusted, but applied math should be trusted more. Fibonacci vs GANN. {image} {image}

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