Another Short Trade @ 233.15 for GBPJPY
Ok I missed to take profit on that 2nd Short Trade I made could have been a 35-40 pip gain. (coz I fell asleep after a hearty lunch with a friend).
Anyway, It seems that the BUlls are still in control. I am looking for another entry level for my last Short trade to put in....
I am eyeing 234.82 ambitiously . But I could settle for somethng a little lower than that.
..... it all depends on what I see and what my gut feel tells me.
... of course I am still using EW Counts
What ever you don't look back! FX lessons everywhere!!....Ignored
now we know or are we just lucky?? we had an idea that price was gonna go up even before we got the news......
still optimistic on a profitable Bull run for the next few hours.
If we get to 234 or 234.82...... well that would be a nice gift.
from above, we can enter short trades again and see the bears try and attack 231.88 again..... this time to break that level.
current low reached 231.96 only and that was 15 minutes before I went out to have pizza and shop with my friends.
I left with my 2 trades still on the red. I come back and LO.... one was sitting comfortably with +PIPS and the other was slightly negative. Over all ..... is ok.
Keep getting Optimistic. I may exit anytime now any or all the trades when they are in both in Positive position. Then wait for a nice entry for my Next short trades.
Willprobably have a ladder entry again.
Happy Harvest Everyone.
Learn the EW Theory
Thank you for posting your Cable Charts here.
I was just wondering on your 1h and 4H charts, why is it that there are 12345 labels for the Wave B?
Or is that just the Leg A inside the Big B Wave?
DislikedInstead of labelling 12345 why not just label as abcde. I think its more proper way. Only diagonal triangle in wave 5 and C should be label 12345.Ignored