anilmangal

GBPUSD Trading with the impulse even in a corrective structure.

FX:GBPUSD   British Pound/U.S. Dollar
1182 15 97
UNDERSTANDING market structure is the 'ABC' of trading , not understanding what the market is doing will force you to look for all kinds of " INTERESTING STUFF" that may or may not work depending on if they are going in the direction of the market flow.

Pin bars work when it's going with the impulse
Support works if it's a pullback to the support and then continuation of the impulse, in moves where an impulse is coming to a "support line " you can kiss that line good bye.
Same with resistance.
These are my views of what works, please share your views . You can agree or disagree no one has an absolute perfect method but some method are simply wrong.
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Nice.
I'm thinking one last impulse/zigzag down.
Entered short today at 1.55593.
(I'm also long, but that's a larger TF long setup).
+3 Reply
Totally agree with your view, should wait for end of downside wave and try get into long t 1,54
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Andrey.Ustinov Andrey.Ustinov
snapshot
+1 Reply
And don't we have a divergence¿?
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Yes we do bit divergence does not signal the end of the move ,it's just a warning that and end is coming.
+3 Reply
Nice job.
+1 Reply
S3075: I like willbe waiting...Thanx again!
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Thanks Anil. This makes so much sense!
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Thanks for sharing Anil. Do you have any opinion in regards to bullish/bearish engulfing candles failing?
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are these a sequence of impulses along the trend line?
+1 Reply
how many impulses do you normally count following a trend line? :)
+1 Reply
Thanks for sharing Anil.Good job!
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Hi Akil - thanks for all of the work you put in, please could you define 'impulse'

Thanks
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I believe you mistake me for a different trader here ,my name is Anil.
+2 Reply
we have breakout this morning
thank you Anil
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