Analyzing is my work, trading is following my rules. I trade ideal scenario's or let it go. In an average week I only need 3 trades a week for 10% return based on risk/reward, so waiting for ideal scenario's is what I do.
Both EURGBP and GBPCHF are presenting possible ideal scenario's. If not I adjust and look for the next one. Keep an eye on these structures for reversals but be patient.
Safe trades!
Catatan
The diagonal wave count has been invalidated. I don't like to adjust the diagonal wave count just yet because the probability is too low for me to trade it. I therefore need more clues before trading these pairs. Either the buy scenario as described or I wait for an acceleration lower and a bear flag consolidation pattern for a sell.
Catatan
EURGBP
Catatan
I'm short from 15min flag, will see what pair (eurgbp or gbpchf) presents the best continuation opportunity to add another position.
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First target got hit after the minor consolidation we were looking for.
Catatan
Both trades represent minimum targets but there might be more room left so I adjusted stop losses.
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