Cable Update (GBPUSD)

well Cable is going nowhere for now, but GBP/JPY is another story. Nice dive there and still has way to go. Might even fall below 223 within the week

You are correct that GBP/JPY is going down, in fact all of the yen crosses are. But I have no idea why the yen is bullish.

As to cable, there was just a very good PMI number yet cable did not go up. This would also suggest that it is not possible to assume that it will go up if the US numbers are poor.

This is my personal analysis for the upcoming news, please do not hold me responsible for any misfortune…
For 15:30 GMT+2, I will go Long if my technical indicators allows it, and because of the 17:00 GMT +2 news Long and Short, I will again keep an eye on the indicators for P/T

<TABLE style="WIDTH: 291pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width=387 border=0 x:str><COLGROUP><COL style="WIDTH: 33pt; mso-width-source: userset; mso-width-alt: 1609" width=44><COL style="WIDTH: 135pt; mso-width-source: userset; mso-width-alt: 6582" width=180><COL style="WIDTH: 38pt; mso-width-source: userset; mso-width-alt: 1828" width=50><COL style="WIDTH: 37pt; mso-width-source: userset; mso-width-alt: 1792" width=49><COL style="WIDTH: 23pt; mso-width-source: userset; mso-width-alt: 1133" width=31><COL style="WIDTH: 25pt; mso-width-source: userset; mso-width-alt: 1206" width=33><TBODY><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; WIDTH: 33pt; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" width=44 height=17>Time</TD><TD class=xl33 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; WIDTH: 135pt; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" width=180>Fundamental</TD><TD class=xl33 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; WIDTH: 38pt; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" width=50>Forecast</TD><TD class=xl33 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; WIDTH: 37pt; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" width=49>Previous</TD><TD class=xl25 style="BORDER-RIGHT: black 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; WIDTH: 48pt; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" width=64 colSpan=2>Severity</TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl39 style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: #ece9d8; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: white" height=17>GMT +2</TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl34 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent">Long</TD><TD class=xl29 style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent">Short</TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl38 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17 x:num="0.64583333333333337">15:30</TD><TD class=xl33 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent">USD Unit Labor Costs</TD><TD class=xl36 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" x:num="3.3000000000000002E-2">3.30%</TD><TD class=xl36 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" x:num="3.7999999999999999E-2">3.80%</TD><TD class=xl40 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" x:num>2</TD><TD class=xl43 style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent"> </TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl27 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: silver" height=17> </TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl41 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl44 style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl35 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17 x:num="0.64583333333333337">15:30</TD><TD class=xl33 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent">USD Nonfarm Productivity</TD><TD class=xl36 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" x:num="5.0000000000000001E-3">0.50%</TD><TD class=xl36 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" x:num="0">0.00%</TD><TD class=xl40 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" x:num>2</TD><TD class=xl43 style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent"> </TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl27 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: silver" height=17> </TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl41 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl44 style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl46 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17 x:num="0.70833333333333337">17:00</TD><TD class=xl33 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent">USD ISM Non-Manufacturing Index</TD><TD class=xl33 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" x:num>55</TD><TD class=xl33 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" x:num>57.1</TD><TD class=xl40 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent"> </TD><TD class=xl43 style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" x:num>3</TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl47 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: silver" height=17> </TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl41 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl44 style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl46 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17 x:num="0.70833333333333337">17:00</TD><TD class=xl33 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent">USD ISM Non-Manufacturing Prices</TD><TD class=xl33 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" x:num>52.5</TD><TD class=xl33 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" x:num>51.9</TD><TD class=xl40 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" x:num>2</TD><TD class=xl43 style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent"> </TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl47 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: silver" height=17> </TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl41 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl44 style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl46 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17 x:num="0.70833333333333337">17:00</TD><TD class=xl33 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent">USD Factory Orders m/m</TD><TD class=xl36 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" x:num="-3.5000000000000003E-2">-3.50%</TD><TD class=xl36 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" x:num="2.1000000000000001E-2">2.10%</TD><TD class=xl40 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" x:num>1</TD><TD class=xl43 style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent"> </TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl27 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: silver" height=17> </TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: silver"> </TD><TD class=xl42 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" x:num x:fmla="=SUM(E3:E11)">7</TD><TD class=xl45 style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" x:num x:fmla="=SUM(F3:F11)">3</TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl30 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 12.75pt; BACKGROUND-COLOR: silver" height=17> </TD><TD class=xl31 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: silver"> </TD><TD class=xl31 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: silver"> </TD><TD class=xl31 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: silver"> </TD><TD class=xl37 style="BORDER-RIGHT: black 0.5pt solid; BORDER-TOP: #ece9d8; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" colSpan=2>Long</TD></TR></TBODY></TABLE>

will we get it? "the bounce" we are stuck now at 9799 with those numbers coming out today for USA cable should be at pass the moon now. Right??? Lets see if Mr. Elliott will let me down

Yes... just wait ISM now...

hmmm

Hi Folks,

This is the third time I've messed up on my demo account because of the "bounce."

Why does this occur?

fibs
EW theory,
full moon now too,
also the planets are set to line up

How long would you wait to get into the trade on ISM once the news comes out - would you wait for the first candle to form ?

Soooooo much for my analysis :-(

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if you are not in now good idea to stay out. personal opinion dont trade the news unless you like las vegas. wait let the market settle down. although couple weeks ago news came and cable yoyo'd 200+pips in one day down and up im sure many made money that day but also sure more loss money

I'm in now.

I do a day job whilst learning Forex strategies. I've only been doing it for three weeks. Yes, I know, months of learning ahead of me.

Thanks for the replies.

ok you have a pm. Thats Instant msg for FF

Does anyone has clue why cable is going down right now although news came out at 8.30EST was bad for dollar?

I'm sorry, PM?

There's a huge selling right now, and it's a perfect time to buy and go long.

Perhaps bcoz it's just overbought....

i do if we get another spike on this ism news im shorting again at the peak. cable is grossly over bought needs to take a breath i am looking overall at 9100s before move up to 2's if we extend on this 4 wave we wont see 2's. I know you may not know what i am talking about but this is my plan. short term im looking for 9600's when I see them I will let you know.

careful

Yes i agree with you.