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Bones replied Apr 21, 2008agreed a turning point,but can it considered a test? Days range has been met.
Cable Update (GBPUSD)
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Bones replied Apr 21, 2008well my sell order got missed last night now watching for the test about 9800

Cable Update (GBPUSD)
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Bones replied Apr 20, 2008Well I was looking to buy on Wed morning at about 9700 when price was closer to the bottom and would put my stop under the Tue bar and under the lower TL. I would ignore the fake breaks. I did think the top was going to break but I also thought it ...
Drawing correct resistance and support-lines
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Bones replied Apr 20, 2008I know its early but I love to speculate.
Drawing correct resistance and support-lines
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Bones replied Apr 20, 2008my 1 hour — Here’s my 1 hour and yes I think price is being squeezed.

Cable Update (GBPUSD)
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Bones replied Apr 20, 2008I got to say sounds spot on Jim I just dont know if that test of the wedge sounds to easy.
Cable Update (GBPUSD)
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Bones replied Apr 20, 2008Actually with a pattern like that UJ I would take the break also. I have found though that a TL like my lower wedge are very reliable (on longer TF) as long as there are plenty of good touches, and find that sometimes TL’s and say fibs fit better ...
Drawing correct resistance and support-lines
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Bones replied Apr 20, 2008Yes buddy I mean that top TL is a real good one and if we had a bounce that would be a great trade.
Drawing correct resistance and support-lines
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Bones replied Apr 20, 2008Well I must admit I was questioning myself on that falling wedge, you know if it was valid. This guy has noticed it to and he is also watching for a potential H+S on the weekly. url
Cable Update (GBPUSD)
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Bones replied Apr 20, 200823:01 GBP image Rightmove House Price Index m/m image 0.8%
Cable Update (GBPUSD)
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Bones replied Apr 20, 2008We have got some housing data tonight which may not be good though.
Cable Update (GBPUSD)
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Bones replied Apr 20, 2008Nav that looks great. Yea ive found the hourly to be good at pin pointing entry .The thing about the hourly is everyone’s look the same.
Cable Update (GBPUSD)
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Bones replied Apr 20, 2008Hey guys thanks for the feed back. That’s interesting about the lower trend line being taken out as I often draw TL’s like that as price was unable to actually break the line and close a fake spike if you will. So when looking for patterns I should ...
Drawing correct resistance and support-lines
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Bones replied Apr 20, 2008Yes that’s it Nav only take the great looking trades with confluence. Mind you its easier said than done. There was a few problems’ with them shorts as there was no PA to suggest it would fall after the touch +Price had only just been up to it a ...
Cable Update (GBPUSD)
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Bones replied Apr 20, 2008Great stuff Ghous you may just be right Im going to bear your plan in mind.
Cable Update (GBPUSD)