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Bones replied Apr 30, 2008Wow guys that was crazy?? What a fine looking 4hr bar ,LOL
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Bones replied Apr 30, 2008oh man if that hits 9830 im going to be over the moon,lol
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Bones replied Apr 30, 2008ok yes I think we may go higher locked in some profit going to trail it.
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Bones replied Apr 30, 2008I must admit its been a nightmare day but I think the pivot will daily break
Target daily R1 just befroe weekly. opps daily pivot just brokeCable Update (GBPUSD)
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Bones replied Apr 29, 2008Price has found resistance after being squeezed out of wedge.
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Bones replied Apr 29, 2008Yes Nizar its great to see you back,hope you are well.

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Bones replied Apr 29, 2008The other weeky chart ive been watching is this one I posted at the weekend which showed parallel lows and highs and the channel held for the mo. I mean I have not altered that blue line. Really I wouldnt hold much lower than that.
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Bones replied Apr 29, 2008Man lets hope so Nav lol though I wouldnt hold much under that TL

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Bones replied Apr 29, 2008Yes I think the short target has been met when price touched the weekly S2 and that lower 4 hr TL it snapped back and created a nice little 5 min pin.
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Bones replied Apr 29, 2008Well I imagen the reason the lower line has not been tested is cause traders are waiting for the news and as you point out 9730 odd is strong. I would have liked to see some nice PA off that 9700 area.
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Bones replied Apr 29, 2008Yea the time difference is probley the reason ,im GMT
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Bones replied Apr 29, 2008Its intresting Rob that whole shooting star formation is not as bearish on my 4 hour I mean on yours the highest candle is a rather nice bearish pin and you have a Doji prior to that. My highest candle I saw as bearish but it had a larger body.
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Bones replied Apr 29, 2008Well im not exactly expecting a bounce after that and am surprised we did not hit 9700 yet. (daiy S2 and where that support TL is. We may stay in consolidation till news? Certainly looks ready to go lower.
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Bones replied Apr 29, 2008god damn it it must find that sell button
ok im looking at my weekly plan right now and thinking I might burn it (joke) No this is area and price I have thought about.(1.9733) If price dose in fact carry on im selling. Were in an old consolidation ...Cable Update (GBPUSD)
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Bones replied Apr 29, 20082.0068 is R2 on my daily pivots so expect res if price gets there.
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