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- 16Nov16 replied Nov 20, 2013
Medium- to long-term view. For the last three and a half years (since June, 2010), Cable has been in a channel, Upper-bounded by 1.6730 and Lower-bounded by 1.4870. As well as these "extreme" boundaries, there are very strong mid-level boundaries of ...
- 16Nov16 replied Nov 12, 2013
Cable has bounced off the lower range of a clear and strong downtrend going back a couple of weeks at the 1.5855 mark. Will it bounce upwards and break through? It seems that there may now be an upward movment.
- 16Nov16 replied Oct 11, 2013
The uptrend that began at the year low in early July is still holding, despite an awful battering. Will it continue or will it collapse in spectacular fashion?
- 16Nov16 replied Oct 9, 2013
Also, the downtrend on a 2-min chart shows that 1.5915-ish mark is at the lower end of the down-channel.
- 16Nov16 replied Oct 9, 2013
The trend line that stretches back to July is either going to hold at 1.5915, or fail spectacularly! Given the horror show in the US, coupled with the fact that the UK economy has been upgraded recently by IMF, very possible that this level will ...
- 16Nov16 replied Oct 3, 2013
Cable is set for a huge spike or a huge fall, IMO. It is currently at the top of a downward channel that stretches back as far as 2009, and is also close to the high point of 2013 (all the way back in Dec. 2012 - which I know is 2012, but the high ...
- 16Nov16 replied Feb 28, 2012
image For those of you who doubt the fractal nature of FX trading, here is a trend line that goes the whole way back as far as 2001 and which still has relevance today.
- 16Nov16 replied Feb 28, 2012
image CABLE currently at the upper edge of a down channel that has been forming since Sept/Oct. of last year. If it can get past 1.5930, then it will keep going for quite a while. If not, then downwards ho!
- Posts by Member Search: '16Nov16'