Forum > View Topic (Analytic)
This thread was started in response to the Analytic:
GBP Trade Index 18-Year Chart
Daily GBP (British Pound) chart of 18 years of cyclical developments in finance & politics
let me go to sleep i give my view on ur projections
cras can mean dirt in french slang. that is part of it
sure u migh prefer a singapore sling or a first flush white tea
"Chartus cras!" ("tomorrow's chart"...). I could use a little magic help.
Cable: Well, IF cable should tumble, from a purely technical point of view (and the older I get, the less I believe in TA, but be that as it may...), I could possibly see ~1.5900, 1.5830, 1.5700,
then (whisper who dare...): 1.5300.
(timescale, several weeks).
But this is very tentative, and is NOT a recommendation to trade (needless to say, really).
Trade safe; stops in; emotions out; money management in.
No magic was used, and no animals were harmed in the making of this call.
i dont like rabbitting i prefer BIMBo from dysney
lucius septimus . Tetrarques galatius
relatively new to this forum. i mainly use daily and long term trendline with long term fib projections for my trading on four hourly charts, however i notice a reverse H+S on the four hourly cable chart which has developed over the past two months with a neck line of 16350-16400..
it looks to me that if we keep consolidating sideways for the next week and finally break the down trend line from mid november we could see a large break upwards over the next few weeks . that is ofcourse if the fundamnetals allow , but the technicals are lining up
so although i believe shorting this market at 16200-50 level, i am looking to be nimble and wait my time for some four hourly breaks above 16350 if the situation reverses
cable is always difficult to trade, with a lot of action packed in a morning session.
Ashraf and fellow forum supporters, whats your view on this formation?
Marriage? What marriage? I'm still young enough to play... ;)
Asad
THAT WAS A MARRIAGE