If it was to hit the 2, I dont think we'll see it happening before easter.
Mono
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
DislikedIt's not going to hit 2! At least not in the near future. Keep on going long, please, so I can take the pips along with the majority...
When it turns the other way, I'll go long again, but I won't try to set future prices in my mind. I'll wait and see when it turns, then go short. That could be anywhere.Ignored
Disliked....
To all you pure techhies, why did this move on Cable happen? If there is any purely technical trader out there that can explain why, I'd like to hear it.Ignored
DislikedI would like to point out a major error I have made in the past, that many people here at FF are making right now. I learned the hard way to not make price projections. Once you make them, you believe them. Once you believe them, you act on them. Then price goes the wrong way, and you still believe them. This is a flaw of purely technical trading, if you start to use a combinative approach you will realize, for example, that sticking with the supposed long trend that has supposedly been going on since that big move in November that still screws with your math will kill you. November's over, it's January, and I use technical analysis to determine specific entry and exit points, and fundamental analysis to determine market direction.
To all you pure techhies, why did this move on Cable happen? If there is any purely technical trader out there that can explain why, I'd like to hear it.Ignored
DislikedZarul, all I know is I'm making $$$ and it ain't stopping yet...Ignored
DislikedBase on my analysis, the market should end this week at somewhere around 1.9800 area, before moving up to the 1.9 level or perhaps 2 by next week... But, this is just my 2 pips though...Ignored