looking like long trend..
set entry point..just wait and see
set entry point..just wait and see
Is it just me or is cable acting random? 48 replies
Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies
CABLE Centurion 16 replies
Cable: Measuring Fibonacci From Where ? 29 replies
DislikedI had 1.9523 as a breaking point from the High from yesterdays candle, but it went to 1.9537 and just froze up. There will be news here in 30 minutes, if it does not push it back above the 1.9538 area you speak of, I would say it is going back down, to possibly re-test the Low at 1.9400-10 or even into the 1.9300 area.
We shall see the response to the news here shortly.
59 - When will you enter a Short if it starts to drop?
I have 1.9492 as a good reference point on the short side.Ignored
Dislikedmacd on 4h chart crossed ,price already passed 67 pip upwards from the day opening, so the probability to a reversal is low. good chances the price would go to 1.9605 mark ,on 61.8% fibo.
not a trade recommendationIgnored
Disliked1.9537 was the previous low on 2/05/07 daily chart, support now acting as resitanceIgnored
DislikedI had 1.9523 as a breaking point from the High from yesterdays candle, but it went to 1.9537 and just froze up. There will be news here in 30 minutes, if it does not push it back above the 1.9538 area you speak of, I would say it is going back down, to possibly re-test the Low at 1.9400-10 or even into the 1.9300 area.
We shall see the response to the news here shortly.
59 - When will you enter a Short if it starts to drop?
I have 1.9492 as a good reference point on the short side.Ignored
DislikedThat is the charcacteristics of the Cable, I would be watching the break above 1.9537, especially since we just reached it.
Right now were in the middle of 1.9492 and 1.9537, the two areas I am watching. Also the Frankfurt Opened at 1.9475 and the Low was 1.9469.
That would be the ideal break below 1.9469.Ignored
DislikedThe High yesterday on the Daily was 1.9522, we have went above this point just during the London Open, would be interesting if we break above this and it becomes the support for a move upward.
I will be trading the news on a 1 minute chart - watching the 3 points of reference before entering a position.Ignored
DislikedThe market is jumping up and down on that 9510 support. Interesting to see what transpires if breaks through.
If it doesn't, it looks like another channel ranging day until US announcements...Ignored
DislikedI wouldn't doubt everyone just sitting tight on the GBP news, only about 3 1/2 hours until US news. Then they can blame it on the Americans if it doesn't go right. LOLIgnored