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bullrock replied Feb 21, 2008my story cut short. it started 3 years ago but i phking didnt care. system? what system? i was trading and trying out new methodologies at the same time with real money/ Totally phuked my accounts three times. today I make more than ever before but ...
Cable Update (GBPUSD)
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bullrock replied Feb 21, 2008The correction I think will be bottomed at 1.9582 or around. I have a weekly fibo there.
Cable Update (GBPUSD)
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bullrock replied Feb 21, 2008I have to go now. 1.9632 is a resistance level. Migh hold.
Cable Update (GBPUSD)
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bullrock replied Feb 21, 2008Hehe. Thanks for that Ash. I am flattered. That is true that I am trading only the cable and whenever I venture in other currency I am loosing. Except maybe the EU. And I try to feel every heartbeat of it... But I am far away being an expert o fit ...
Cable Update (GBPUSD)
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bullrock replied Feb 21, 2008Whatever. Just a bit of statistics. All I am saying with that the more it goes up straight without interruption the higher the probability that it will correct. And the likelihood of that is just getting closer.
Cable Update (GBPUSD)
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bullrock replied Feb 21, 2008Yes it is overbought. There is another thing We had 5 consecutive upwards closing bars on the 4H chart. In the last 7 years only 90 times was more than 5. And 1189 times more than 2 so you can compare. I think it is hoigh time for a bit of a ...
Cable Update (GBPUSD)
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bullrock replied Feb 21, 2008I have no idea but the 5 is more sensitive. I have 7 and 3 on top of each other
Cable Update (GBPUSD)
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bullrock replied Feb 21, 2008I would wait now until it breaks the trendline...
Cable Update (GBPUSD)
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bullrock replied Feb 21, 2008Yes that. But the blue triangles represent a gartley type bullish pattern. After that the bars are widening representing a widening triangle. Then we had a false breakout downwards. Just to resume. and breakout upwards...
Cable Update (GBPUSD)
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bullrock replied Feb 21, 2008How about the broadening triangle on the 1h chart that I was shouting since two days now.
Cable Update (GBPUSD)
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bullrock replied Feb 21, 2008It better goes allserene, every tick has a serious weight.... And if it hits my imaginary targets I will simply retire.
Cable Update (GBPUSD)