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-   -   Daily Cable Analysis (https://www.forexfactory.com/thread/11939-daily-cable-analysis)

de123 Feb 5, 2007 10:46am | Post# 5541

guys pls bring it back to 577 level....

MoneyMa$ter Feb 5, 2007 10:47am | Post# 5542

Short is the OTHER way!!!

cesarnc Feb 5, 2007 10:49am | Post# 5543

Short is the OTHER way!!!


TODAY YOU WILL LEARN to hate Mondays....

Qwiktrader Feb 5, 2007 10:49am | Post# 5544

Just closed long position for another 22 pips! Today is a good day and time to sit back and regroup for the next successful trade!

MoneyMa$ter Feb 5, 2007 10:50am | Post# 5545

-$2,200 later....think I've seen enough!

lexazver Feb 5, 2007 10:50am | Post# 5546

Cable touched its daily trendline again today and bounced AGAIN, tomorrow we could see it break. And although i dont always like trading by trendLINES but rather by tops and bottoms had little order to go long at 19550 which was triggered gonna exit at 1.9612 if it gets there

took profit and now reversed

Qwiktrader Feb 5, 2007 10:51am | Post# 5547

Although I gotta say this setup is mirroring what happened on Jan 31st! Regardless, I'm gonna sit it out and just watch.

musicman007 Feb 5, 2007 10:52am | Post# 5548

-$2,200 later....think I've seen enough!
.... and I thought HenryCarol had gone short as well !! Im still in the game....just !

MoneyMa$ter Feb 5, 2007 10:53am | Post# 5549



TODAY YOU WILL LEARN to hate Mondays....
If it wasn't for Monday, there'd be no Sunday. Hate is a learned behavior, an acquired taste for which I have none. Now the number is -$1500.

MoneyMa$ter Feb 5, 2007 10:55am | Post# 5550

Just closed long position for another 22 pips! Today is a good day and time to sit back and regroup for the next successful trade!
Smart move to have stayed long; I still think dis ting will fall, man but me confidence not as high as it be long!

MoneyMa$ter Feb 5, 2007 10:58am | Post# 5551

Bid 9602 and -$1300....

musicman007 Feb 5, 2007 11:01am | Post# 5552

Bid 9602 and -$1300....
Keep your resolve bud ! I added to my short at 98 and 07. now very happy !!

MoneyMa$ter Feb 5, 2007 11:02am | Post# 5553

Bid 9594 and -$500....

lexazver Feb 5, 2007 11:02am | Post# 5554

cover half of my short at 94 for +18 , stop on other half at breakeven +1 tp at 60. Done for today.

musicman007 Feb 5, 2007 11:04am | Post# 5555

Bid 9594 and -$500....
Just made 27 pips - whoopee dooo !

musicman007 Feb 5, 2007 11:06am | Post# 5556

cover half of my short at 94 for +18 , stop on other half at breakeven +1 tp at 60. Done for today.
I am out too. Time to go and get the kids from school. C u all tomorrow !

Good trading !

MoneyMa$ter Feb 5, 2007 11:17am | Post# 5557

Learning Opportunity See Success (-$400 L.o.s.s.)

I always review my trades to find weaknesses, strengths and gain knowledge for the next trade.

In review, going long from 9550 was a good call. It reached the TP at 9585-9590. Good call. But it plateaued, then continued long through the 00 barrier, unexpected by me but called by others. I thought the "psychological" of 00 would stop act as resistance on the long, but it didn't.

Cable has since retreated (bid 9589 as I write this). I still think it will range today but that will depend on what happens when London closes. If London mirrors Frankfurt as some theorize then it will continue long.

mpathare Feb 5, 2007 11:19am | Post# 5558

My earlier short got stopped out. I went short again at 1.9607. I have my tp set at 1.9570 Which is a little beyond the 50% retrace from the recent move up from 1.9534 to 1.9612 on the 15 min chart.

ghitz Feb 5, 2007 11:32am | Post# 5559

rectangles as ranges are not always flat.

NZR Feb 5, 2007 11:43am | Post# 5560

Good Understanding
 
All though i am new member but i think your analysis should be more used as a direction based rather then taken for grant for specific entry or exit points. I been visitng this treat and studying it after i decided to become memebr. Great analysis keep it up.


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