Thread: Harmonic Wave Journal

Well done, keep the pips rolling.

Originally Posted by ;

Nicely done, keep the pips rolling.

Thank you, barak. Only first commerce tho, frequently the following one is a loser lol. Hope not.

Anyway, last mini wave (magenta) 5 down for cable is over, finished in 1.9592 low. So today subwave (orange) 2 or B retracement is on the anger, with mini wave A has likely finished. Let us see how cable moves next.

Usd Gbp _ Probable Wave count

End of a wave B Could be upon us....

Merely a Probabilty.... Not Heard in Stone! ....
Wave -Counts differ from Person to Person

-This B wave rally is nice and steep, -Only the way that Gann observed it!

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(two charts attached )

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Pg 2---------------

Hi marketwavez, thanks for the charts. We agree that this is presently a corrective phase of cable. It's holding near the top today. More push up is possible. The notorious 1.9720 resistance might come into play again. Shouldn't have shut my long earlier.
Oops, should've's do not count however (thanks to Steviet who posted this in his journal before).

Just 1 continuing transaction thru this weekend, in EUR/USD.
Brief
4 components
Entrance: 1.3438
Stop (initial): 1.3488

Already took 1st TP in 1.3375 ( 63) on Fri.. S/l tightened to 1.3445 (ensured -7).
Update 1: S/L tightened to 1.3437 (guarantees 1).

Great thread, Traex

I am on the exact same page as you men that cable is at ABC correction but how about that ABC being wave two? I just don't find the uptrend completed yet on the bigger image.

Originally Posted by ;

Great thread,

I'm on precisely the same page as you guys that cable is in ABC correction however how about that ABC being wave 2? I don't find the bigger image was finished yet on by the uptrend.

Hello JimboFX, thank you and welcome.
Yeah, uptrend is finished or not for cable, we do not know yet, only follow exactly what our count has revealed so far. And let market determine where it is going.

Opportunity #G2/07
GBP/USD Short
3 components
Entrance: 1.9745
Discontinue (first ): 1.9795

Mini wave B or subwave 3 down (unlikely).

Originally Posted by ;

All of the best then for the trade and the ex!!

Thank you,. All the best for your own transactions too.