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Duane
Rep: 100
Posts: 1,095
Since Jim is likely to have trouble typing after having landscaped cement all weekend, I will get things started.
JI
jimkane
Rep: 3,058
Posts: 33,089
But oinker piggie needs to die peaceful now. Like that's going to happen...
MA
MarcinO
Rep: 67
Posts: 5,506
This area may send the Pound higher.
The question is, how strong is that slightly downsloping blue line around 1.6595.

Click image for original size
6b 2014 08 26 png
JI
jimkane
Rep: 3,058
Posts: 33,089
It's funny, if someone is new to this forum, and sees just some of my comments when I play around, and hasn't followed me for the near one decade I have been here (isn't that something?), and seen the track record of my work, and haven't come to understand I'm tired and can't do extensive chart posts any more (or some of the other work I've done in here in the past), well, they'd probably think a) this guy is maybe a little off his rocker, and b) he talks a lot of gobbledygook but not much about what trades to take (well, we already know I've never done that and never will, but many people want it). It just hit me that the older members know I like to joke around, and know what my skills are, but if I were new, and didn't take the time to go through the archived material, I might wonder if Jim has any skills at all...
JI
jimkane
Rep: 3,058
Posts: 33,089
Oh, the things I see in that chart, Marcin...
MA
MarcinO
Rep: 67
Posts: 5,506
This reply may mean:
a) I'm totally out of context.
b) I hit something important.


But being serious. This one looks really tricky to me. On one hand it seems ready to break out of range to the upside, but on the other it is teasing with the blue line mentioned in the previous post.
JI
jimkane
Rep: 3,058
Posts: 33,089
A little dying pig action here?
JI
jimkane
Rep: 3,058
Posts: 33,089
Well, I meant that I see a lot in that chart that excites me. It has some cool technical features. But, there is another blue line nearly parallel to yours that runs right over those highs, and when you find that one and look back, it's crazy amazing. But, like you said, which way? All we know is, timing-wise, 'it's time'.
JI
jimkane
Rep: 3,058
Posts: 33,089
Hint: look on a 240-min, and think natural. Think about one of the key ways to use a natural set.
MA
MarcinO
Rep: 67
Posts: 5,506
I think it's the same line we are talking about.
I derived it in the way you desribed using the same time frame.
MA
MarcinO
Rep: 67
Posts: 5,506
It the 66 doesn't hold it will break to the downside I guess.
JI
jimkane
Rep: 3,058
Posts: 33,089
That pop in cable towards the close was really something.