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Daily Cable Analysis

  • #301
  • Jan 5, 2007 7:41am Jan 5, 2007 7:41am
Quote
http://www.forexfactory.com/forexfor...cons/icon1.gif 1 Minute chart


<HR style="COLOR: #d1d1e1" SIZE=1><!-- / icon and title --><!-- message -->If new candle opens above 1.9321 I am going Long.


Just a test of strategies.
<!-- / message --><!-- sig -->__________________
Monarch

Thank you
  • #302
  • Jan 5, 2007 7:42am Jan 5, 2007 7:42am
This is a pretty weak movement in my eyes.

only went down 90 pips total in initial drop.

I might stay out for now.

Undpredictable so far.
  • #303
  • Jan 5, 2007 7:43am Jan 5, 2007 7:43am
Yes I use a 5 minute chart and I got in about 1 sec before it dropped. I trade the news a lot and I know the movements my candles start to make on which way they want to go. It was a really nice ride but backed out kind of early....o well
trading on demo is not trading
  • #304
  • Jan 5, 2007 7:44am Jan 5, 2007 7:44am
Quoting befr
Thank you
I use 1 Minute, but there is a quick stall here with little retracement or further pull down, makes me more careful now.
  • #305
  • Jan 5, 2007 7:44am Jan 5, 2007 7:44am
no position open, got a feeling support might hold.
Right teaching produces right believing leads to right living. - J.P
  • #306
  • Jan 5, 2007 7:45am Jan 5, 2007 7:45am
I agree. I give it till the top of the hour
Quoting monarch
I use 1 Minute, but there is a quick stall here with little retracement or further pull down, makes me more careful now.
  • #307
  • Jan 5, 2007 7:46am Jan 5, 2007 7:46am
How low do you guys think this could go touched my 61.8 fib of 9299
trading on demo is not trading
  • #308
  • Jan 5, 2007 7:46am Jan 5, 2007 7:46am
<HR style="COLOR: #d1d1e1" SIZE=1> <!-- / icon and title --><!-- message -->

Quote
Yes I use a 5 minute chart and I got in about 1 sec before it dropped. I trade the news a lot and I know the movements my candles start to make on which way they want to go. It was a really nice ride but backed out kind of early....o well
<!-- / message --><!-- sig -->__________________
Enzo

How accurate is your strategy on trading the news?
Perhaps you would share?
  • #309
  • Jan 5, 2007 7:50am Jan 5, 2007 7:50am
pretty accurate... I just use my judgment on how I view the candles they tend to go back an forth on which way they want to go and whatever candle is a little bigger and the arrow stays longer on north or south I just take it
trading on demo is not trading
  • #310
  • Jan 5, 2007 7:51am Jan 5, 2007 7:51am
Cross reference using eur/usd 1.3 support preventing bear.

Quoting barakah
no position open, got a feeling support might hold.
Right teaching produces right believing leads to right living. - J.P
  • #311
  • Jan 5, 2007 7:52am Jan 5, 2007 7:52am
we go south...
  • #312
  • Jan 5, 2007 7:52am Jan 5, 2007 7:52am
you have a screen shot on what u r speaking of ?
Quoting enzo2325
pretty accurate... I just use my judgment on how I view the candles they tend to go back an forth on which way they want to go and whatever candle is a little bigger and the arrow stays longer on north or south I just take it
  • #313
  • Jan 5, 2007 7:53am Jan 5, 2007 7:53am
could go down to 9215.... Monarch what are your views on this Sir?
trading on demo is not trading
  • #314
  • Jan 5, 2007 7:54am Jan 5, 2007 7:54am
Dont know how to put it on here??
trading on demo is not trading
  • #315
  • Jan 5, 2007 7:55am Jan 5, 2007 7:55am
We are in a flag pattern on the one minute chart. Typically that is a continuation pattern.
  • #316
  • Jan 5, 2007 7:56am Jan 5, 2007 7:56am
go to file save as 600x600 save to desktop. The when u post scroll down to file attachment. It has to be 600x600 or u will need to zip it.
Quoting enzo2325
Dont know how to put it on here??
  • #317
  • Jan 5, 2007 7:57am Jan 5, 2007 7:57am
thanks, thats educational. serious.
Quoting befr
We are in a flag pattern on the one minute chart. Typically that is a continuation pattern.
Right teaching produces right believing leads to right living. - J.P
  • #318
  • Jan 5, 2007 7:57am Jan 5, 2007 7:57am
No trading for me today. I will use the weekend to review data, and catch the London open on Sunday for new positions.

Hope everyone did good this week,

I will be back in about 1 1/2 hours to check up on the thread.
  • #319
  • Jan 5, 2007 7:58am Jan 5, 2007 7:58am
OIl prices are still falling which will help the us dollar more like it did yesterday and we are still in a down trend. I will short to 9215
trading on demo is not trading
  • #320
  • Jan 5, 2007 7:58am Jan 5, 2007 7:58am
their is also a Murray Math line at 285 the 7/8 line
Quoting befr
We are in a flag pattern on the one minute chart. Typically that is a continuation pattern.
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