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Bones replied Apr 5, 2008Hi I have further questions on the recent pins we have had. I mean recently we had a DHLC (or it was at least a BEOB)on a Friday on the daily which gave a great sell signal ,as the next Sunday bar only made the Friday more bearish. So my question is ...
james16 Chart Thread
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Bones replied Apr 5, 2008Well this is a possible Bullish veiw which requires a strong open

Cable Update (GBPUSD)
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Bones replied Apr 5, 2008Im going to be honest trader1024I was thinking more like the pattern being a continuation pattern,lol I am very aware of that bearish pin so think you are correct.
Cable Update (GBPUSD)
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Bones replied Apr 5, 2008Well im not sure if the UK have more debt than the US (That’s Allserene’s department)but the credit crunch there is definitely having an adverse affect on us. Why is the pound overvalued? The past 3 months have closed right here and price has been ...
Cable Update (GBPUSD)
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Bones replied Apr 5, 2008Anyone know anything about W pattens?Is that a possble one above?
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Bones replied Apr 5, 2008On the trend issue there is a lot of confusion which I am only just coming to terms with myself. It really depends on what Time Frame you trade as Nav is saying and I would say generally the immediate trend is down. I do not know why this is as I ...
Cable Update (GBPUSD)
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Bones replied Apr 5, 2008On the subject of pivots Nav this one that Two feet posted is a good one. Its initially set up for daily pivots so what I have done is apply it and show the daily pivots on charts up to 4hr.Then If you apply it again and change in inputs daily sr ...
Cable Update (GBPUSD)
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Bones replied Apr 4, 2008Thanks Nav a compliment indeed. I do enjoy posting charts and like helping you where possible Nav . I would really like you to succeed. There was a great set up this week with the start being that lovely 1 hour bullish pin. Then we had a very nice ...
Cable Update (GBPUSD)
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Bones replied Apr 4, 2008Good advise can I add you must at the very least have one eye on the Larger Time Frames even if you feel more comfortable on the lower ones. The trend lines on them are respected, take a look at your 4 hr today you could easy have taken a short ...
Cable Update (GBPUSD)
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Bones replied Apr 4, 2008Well im looking at my daily bar for today and that is ageeing with you Salah.
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Bones replied Apr 4, 2008That is a lot of money and you are not alone on your losses count me in too. Im about a year ahead of you and my account is just turning a corner. I know people rubbish forums but seriously if I had not found this forum I am not sure I would be ...
Cable Update (GBPUSD)
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Bones replied Apr 4, 2008On the subject of news and the affect of it on price I would say If you look over the last couple of days it looks as though the bad news was already priced in. So basically we had a strong move in the direction of the expected news so could not ...
Cable Update (GBPUSD)
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Bones replied Apr 4, 2008I think I said the daily res was 2.0060.We bounced near there. Im not in at mo as I can not watch price action and that has cost me in the past . Im typing this from a Mc Donalds car park a long way from home ,lol That could well be a lower high for ...
Cable Update (GBPUSD)
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Bones replied Apr 4, 2008Ok I am out of market at mo and have set a buy up on possible spike down. Overall big picture I see right now is bearish so I would keep it tight. 2.0060 is a key level to the upside on daily. Weekly is about 2.1 No real time to explain myself today.
Cable Update (GBPUSD)
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Bones replied Apr 3, 2008Im very pleased this week as I have managed to stay out of bad trades and wait for a great set up . I am not making the mistake of last week and hold my profitable position I am going to close out 2 longs and let one ride for the day.(the one with ...
Cable Update (GBPUSD)
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Bones replied Apr 3, 2008well I suppose it depend on news,Ive locked in profit and am long for today
Cable Update (GBPUSD)
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Bones replied Apr 3, 2008Overall I think the direction is down, just not yet. Just got quite a nice bullish pin off resistance on 1 hr
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