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Bones replied Apr 28, 2008Ok closed most of my recent buys as 5 min pic.1.9950 was the projection for the flag and price has come a long way I may buy again a bit lower.

Cable Update (GBPUSD)
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Bones replied Apr 28, 2008Hey thanks Carrera , Its always good to see you and your charts here I wish you would come more often. Today I am on my lovely desktop (which is very unusual) I’ve got multiple TFs & the lot open, lol.
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Bones replied Apr 28, 2008To late buddy ive had many buys since S2 .If it fails this time im short.
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Bones replied Apr 28, 2008I am still long on this waiting for next 4hr bar.There is a good chance shes gonna break.
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Bones replied Apr 28, 2008Naughty Naughty ,Turv were finished with that subject
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Bones replied Apr 28, 2008Good call Rob,It certainly stopped dead on that 4hr falling TL
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Bones replied Apr 28, 2008Ok I have told its half the flag pole so im thinking 1.9950. Man It quite in here I should be working,lol
Cable Update (GBPUSD)
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Bones replied Apr 28, 2008Its building I think for the next 4 hr bar. If that is indeed a flag on the 4 hr expect 2k. My 5min not a great pin but its there.
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Bones replied Apr 28, 2008droped my shorts for BE im thinking its just having a kit kat right now

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Bones replied Apr 28, 2008On the 4 hour I think I have a flag what do you guys think and if im doing target correctly?
Drawing correct resistance and support-lines
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Bones replied Apr 28, 2008Yes I think thats possible but im thinking no more than the daily pivot. We could now have a rising channel ,overalll direction is up.

Cable Update (GBPUSD)
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Bones replied Apr 28, 2008I think we can safely say that was a flag early 9900’s possible next stop.
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Bones replied Apr 28, 2008heres my small time frame view.In consolidation area on 30 min and bounced with nice pin on 5 min
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Bones replied Apr 27, 2008ATR indicators for Daily ,Weekly and Monthly Salah my friend.

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Bones replied Apr 27, 2008Having said that I also know this is a big week .The biggest weekly bar I can see in recent times is 600 pips.
Cable Update (GBPUSD)
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Bones replied Apr 27, 2008Statistically the Weekly Average True Range is 392 pips over the last 20 weeks. In fact if you look at the last 1,5,10, weeks their ATR is almost identical. The most obvious potential TL’s on the weekly give 1.9650 as the low and 2.100 as the high ...
Cable Update (GBPUSD)