anilmangal

GBPUSD Trading with the impulse even in a corrective structure.

FX:GBPUSD   British Pound/U.S. Dollar
1179 15 95
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
Andrey.Ustinov
a year ago
Totally agree with your view, should wait for end of downside wave and try get into long t 1,54
Reply
Andrey.Ustinov Andrey.Ustinov
a year ago
snapshot
+1 Reply
Ginfa
a year ago
And don't we have a divergence¿?
Reply
anilmangal TOP Ginfa
a year ago
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
deencher
a year ago
Nice job.
+1 Reply
Thelearner
a year ago
S3075: I like willbe waiting...Thanx again!
Reply
nightfly45
a year ago
Thanks Anil. This makes so much sense!
Reply
BodhiTheory
a year ago
Thanks for sharing Anil. Do you have any opinion in regards to bullish/bearish engulfing candles failing?
Reply
pippo
a year ago
are these a sequence of impulses along the trend line?
+1 Reply
pippo
a year ago
how many impulses do you normally count following a trend line? :)
+1 Reply
Thanks for sharing Anil.Good job!
Reply
geeholl
a year ago
Hi Akil - thanks for all of the work you put in, please could you define 'impulse'

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