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Daily Cable Analysis

  • #361
  • Jan 5, 2007 7:48am Jan 5, 2007 7:48am
Quoting kharvell
I shorted cable at 1.9636 and am looking at 326 PIPS at the moment. I expect it to go even lower in my purely technical analysis... Although a break above 1.944 will get me out. notme i recommend cutting the long out for the time being and making some money on the short side
Please define "time being"... hours / days? :

Thank you for your comments and congrats on the pip collection
  • #362
  • Jan 5, 2007 7:49am Jan 5, 2007 7:49am
here we go?
  • #363
  • Jan 5, 2007 7:51am Jan 5, 2007 7:51am
haha thanks, sorry for my vagueness.. I would say it looks to continue for at least today, and more than likely monday, but as a technical trader, I would say my style is more reactive than predictive, but I'll let you guys know when I go long
  • #364
  • Jan 5, 2007 7:54am Jan 5, 2007 7:54am
You are in the hole about 300 dollars right now, Watch for support on the Long and hope it increases to cover that Long at 1.9590. You should have had a stop on this position at around 50 pips or so, you out of position on this one.

Price is moving down right now, which is helping your short, but your long is needing some retracement help.

I really can't give you a decision, you will have to count your losses somewhere here soon.
  • #365
  • Jan 5, 2007 7:55am Jan 5, 2007 7:55am
Quoting kharvell
I shorted cable at 1.9636 and am looking at 326 PIPS at the moment. I expect it to go even lower in my purely technical analysis... Although a break above 1.944 will get me out. notme i recommend cutting the long out for the time being and making some money on the short side
Thx for the advise,

first I will try to throw 9325 long , let see what happend

ops is down nowwwwwwwwww
I Deeply Love My Virtual Life In Virtual World , RLC
  • #366
  • Jan 5, 2007 7:55am Jan 5, 2007 7:55am
close short 1.8375
  • #367
  • Jan 5, 2007 7:56am Jan 5, 2007 7:56am
Quoting 59fender
close short 1.8375
typo 1.9275
  • #368
  • Jan 5, 2007 7:57am Jan 5, 2007 7:57am
1.9262 is S3 Daily, usually hard to crack.

Just came within 4 pips of hitting it.

Like a Long about now.
  • #369
  • Jan 5, 2007 8:04am Jan 5, 2007 8:04am
Quoting monarch
You are in the hole about 300 dollars right now, Watch for support on the Long and hope it increases to cover that Long at 1.9590. You should have had a stop on this position at around 50 pips or so, you out of position on this one.

Price is moving down right now, which is helping your short, but your long is needing some retracement help.

I really can't give you a decision, you will have to count your losses somewhere here soon.
i want throw 9325 but is too late, the price has moving, ok then now i will throw that 9306 at 9270 and hope retracement to throw the 9325 , hope it work.. many thx.
I Deeply Love My Virtual Life In Virtual World , RLC
  • #370
  • Jan 5, 2007 8:04am Jan 5, 2007 8:04am
Little fun for me now.

I liked the S3 Daily Pivot at 1.9262 and I decided to get in on a Long there.

Entry at 1.9269 (includes 5 pip spread) actual was 1.9264 entry mark.

Looking for some cooling off of this nice decline, and wanting to see some retracement pricing here before closing.
  • #371
  • Jan 5, 2007 8:07am Jan 5, 2007 8:07am
Quoting notme32
i want throw 9325 but is too late, the price has moving, ok then now i will throw that 9306 at 9270 and hope retracement to throw the 9325 , hope it work.. many thx.
Hope you released both of your short position around the 1.9265 area, that would have gained you around 70 pips.

If so you sound like your looking for retracement to help your two longs get some points back.

May be a good idea, I am looking for some relief here at this S3 Daily.
  • #372
  • Jan 5, 2007 8:11am Jan 5, 2007 8:11am
Quoting 59fender
typo 1.9275
You closed your Short at 1.9275 just about 12 pips above our recent low, nice area to release. Where did your Short Enter at, and how many pips cleared on trade?
  • #373
  • Jan 5, 2007 8:15am Jan 5, 2007 8:15am
Quote
Hope you released both of your short position around the 1.9265 area, that would have gained you around 70 pips.

If so you sound like your looking for retracement to help your two longs get some points back.

May be a good idea, I am looking for some relief here at this S3 Daily.

I think it will go even lower monarch... about 70% sure..
  • #374
  • Jan 5, 2007 8:18am Jan 5, 2007 8:18am
Even though I have some Longs opened right now, there still may be a push down here.

On the 1 Day Chart I have a Large Fibo Scenario Setup as follows:

Low of Movement was 11-15-2006 at 1.8835

High of Movement was 12-1-2006 at 1.9846

Fibo Retracement is:

38.2% 1.9466 (Cleared Already)
50% 1.9343 (Cleared Already)
61.8% 1.9222 (Just down the Road from here)

We just came within 41 pips of hitting this Fibo mark.

This would cover the Fibo Setup from the Big Bull Run that hit us during the Thanksgiving and Christmas Holidays.

1.9222 would be my very good entry point to go Long, if it has enough movement to go there still.
  • #375
  • Jan 5, 2007 8:20am Jan 5, 2007 8:20am
Quoting monarch
Hope you released both of your short position around the 1.9265 area, that would have gained you around 70 pips.

If so you sound like your looking for retracement to help your two longs get some points back.

May be a good idea, I am looking for some relief here at this S3 Daily.
ok i take that posibility , waiting the price toch 65-70 again..

hope........

thx monarch
I Deeply Love My Virtual Life In Virtual World , RLC
  • #376
  • Jan 5, 2007 8:21am Jan 5, 2007 8:21am
I agree one last push 1.9238?
  • #377
  • Jan 5, 2007 8:21am Jan 5, 2007 8:21am
Quoting kharvell
I think it will go even lower monarch... about 70% sure..
I just posted the possible Support area from a Fibo Setup on Daily.

On the Weekly I have a Fibo 61.8% at 1.9215 just 7 pips below the Daily Fibo Setup I just posted.
  • #378
  • Jan 5, 2007 8:22am Jan 5, 2007 8:22am
Guess this is the lucky thread, afterall..

Just got my 30 pips after NFP - no reason for greed in my situation...

Will rest now after a tough week for me here... Will resume my pip-per-pip walk on Monday...

Monarch, no words to thank you, man... Owe you a lot after this ride... Take care, and nice weekend you all!

César
  • #379
  • Jan 5, 2007 8:25am Jan 5, 2007 8:25am
By the way... gonna spend the weekend reviewing this thread to get my charts in sync.... If this sounds an advice for newbies, so BE IT!
  • #380
  • Jan 5, 2007 8:27am Jan 5, 2007 8:27am
Quoting cesarnc
Guess this is the lucky thread, afterall..

Just got my 30 pips after NFP - no reason for greed in my situation...

Will rest now after a tough week for me here... Will resume my pip-per-pip walk on Monday...

Monarch, no words to thank you, man... Owe you a lot after this ride... Take care, and nice weekend you all!

César
I am glad to hear you hit some profit. This week has taken us a little deeper than usual, and caught us off guard a bit. We have been spoiled lately, but this will help us stay on our toes for future references.

Post some charts over the weekend for us, and we will regroup at the Market open time.

Have a good couple days of rest.
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