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damonl replied Jul 16, 2010Check the files paper clip above, it was just posted within the last 12 hours.
Cable Update (GBPUSD)
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damonl replied Jul 16, 2010Are you still holding? I put some TL's on the 1Hr chart, and we are about at the bottom of this last up channel.. well, here is a chart.
Thinking about waiting to see what breaks out first. image Cable Update (GBPUSD)
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damonl replied Jul 15, 2010Yeah.. sometimes everything fails.. lol I have only played with the bat pattern, but not enough to know how to help using it.. I think it is best to find S/r levels and look for reversals off them.
Cable Update (GBPUSD)
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damonl replied Jul 15, 2010Where does this usually go to when you get this setup?
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damonl replied Jul 15, 2010H1 and Daily Charts...... — On the H1 charts.. the Salmon dashed lines are at the points where the trendlines from the daily charts cross today's daily open bar.
image image Cable Update (GBPUSD)
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damonl replied Jul 15, 2010My guess is you are going to see a very well defined reversal bar on the 1HR chart and that this will break to the upside. Good luck and have a nice shower

Cable Update (GBPUSD)
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damonl replied Jul 15, 2010Forgot a trendline..... — Forgot a trendline for you guys
image Cable Update (GBPUSD)
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damonl replied Jul 15, 2010Seems I remember reading somewhere that which ever side of an outside bar breaks first is the main direction, but rarely does an outside bar just get up and go with out a pullback from the breakout. The only unknown is how far the breakout will ...
Cable Update (GBPUSD)
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damonl replied Jul 15, 2010Weekly similarites with possible places to look at.... — image
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damonl replied Jul 15, 2010Looks like we are going to have quite a few people buying rounds.
I would have called it a great trade, but so far you have not even hit your profit target 
Cable Update (GBPUSD)
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damonl replied Jul 15, 2010On the 15M bar? Are you sure that is a strong enough signal to be placing a reversal on.. I am not taking anything less than a 1Hr or 4Hr reversal signal with this much momentum... other markets might be different, but this Bull is pissed!
Cable Update (GBPUSD)
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damonl replied Jul 15, 2010I have found when 1M goes flat with no retrace, it is just building more upward momentum for the next push up.
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damonl replied Jul 15, 2010been there done that.. I have listened to someone and was wrong and then didn't the next time and they were right.. UGH

Cable Update (GBPUSD)
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damonl replied Jul 15, 2010Getting some 10+ pip 1M bars up here.. that means the game is on.... I wonder who will win? A bit down from here or more up on Friday? A retrace would be nice.. I would like to go long lower....
Cable Update (GBPUSD)