EverythingForex

QUICK Take: GBPAUD - Possible H&S Pattern Completing

FX:GBPAUD   British Pound/Australian Dollar
1288 10 33
Members of my site know this already and I have been preparing them for this to happen for awhile now. There is a POSSIBLE H&S pattern that is forming here. But it won't become validated for awhile, IMO             . That does not mean not to trade it! This pair tends to make LARGE moves within large patterns. Case in point:

My members were alerted to SELL this pair back on 9/15. Six days ago. At that time, I got the signal to SELL that I was looking for partly because I was expecting the right shoulder to form on this reverse H&S . From that point we sold to now, it has already moved over +550 pips! That is over +2000 pips profit for us on this trade following my trading method! So now that it has dropped here, here is a preview of what I am expecting to happen. This next phase should be a corrective one with a complex wave (b) forming. No idea in what for will this wave (b) take yet as there is no indications yet. But we should now see prices wander in a large sideways pattern for awhile. But there are A LOT of pips possible to be made during this correction.....if you know what to look for! My members will. And we'll be adding even more pips to our already large profits this year! We've been absolutely KILLING this pair so far! So when I tell you what is to happen here, it is with some order of confidence that I am correct. This is the proper way to use wave counting. When you get the count right, you can just ride it for all it's worth!

Comment: For all of you who went in and BOUGHT on the advice of others....my advice is you need to learn to trade on your own and not blindly follow others advice. This is why I do not offer a "signal service" where you only copy my trades and never learn! I do my best to show you the what and why of my trades so you can learn! In this trade, my subscribers just made over +2000 pips on this 630 pips drop in this SHORT trade we took. Now it is near to where I predicted it would go to and we closed the trade for HUGE profit! But it is still NOT the time to BUY this yet as there is not any BUY setup present yet. And no, just seeing a "hammer" or pinbar form is NOT a good reason to take the trade! That is NOT a good way to trade! Wait for PA to tell you the trend is done!

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Comment: As you can see, it is dropping more just like I said it would! Many people here and also many of my members have keep asking me "Buy now? Buy now?" and I keep telling them the same thing...WAIT! Be PATIENT! Now is NOT the time to BUY! I know some other posters here have already suggested to BUY and anyone who listened are now in trouble. I'm sorry. I said not to BUY. BUT is it near time to BUY? Maybe. Soon. It still has not reached the target I see for it yet. But when it is time to BUY, of course my members will be the first to know...

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Thanks alot for publishing ! really great effort
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