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Daily Cable Analysis

  • #581
  • Jan 8, 2007 1:15am Jan 8, 2007 1:15am
So far since the top of the hour our low is 1.9308.

Place a line to mark this price for now.
  • #582
  • Jan 8, 2007 1:15am Jan 8, 2007 1:15am
He he he.Lil' secret...i love it.I enter the market based on your information monarch..dont let me down.



Quoting monarch
Lets just say I have a little secret.

Price should go up here for the next 1 - 1 1/2 hours or so - to lets say 1.9386 before it snags a resistance.

Don't ask me why, and don't trade because I said it, just watch and see.

This is crazy to predict such a notion - but hey, that is my target to release my Longs tonight.
  • #583
  • Jan 8, 2007 1:16am Jan 8, 2007 1:16am
Quoting gnspdr33
right now seems to being attempting to bounce the daily pivot point
Please post chart so we can see where your looking and what time frame please.
  • #584
  • Jan 8, 2007 1:18am Jan 8, 2007 1:18am
Quoting parlenk
He he he.Lil' secret...i love it.I enter the market based on your information monarch..dont let me down.
Your a crazy dude, price has moved a little in our direction, I am waiting still for a nice push up towards the London open, or possibly there after.

Hang with it, don't blame me, and please don't get mad if you don't make much.

Keep me informed though.
  • #585
  • Jan 8, 2007 1:18am Jan 8, 2007 1:18am
thanks bro, your thread is inspiring. good start, 40 pips today for me.
Right teaching produces right believing leads to right living. - J.P
  • #586
  • Jan 8, 2007 1:20am Jan 8, 2007 1:20am
meanwhile the daily trendline hold i believe that the price should go up but if it break than 9155 might be in sight
Attached Image
  • #587
  • Jan 8, 2007 1:22am Jan 8, 2007 1:22am
Quoting monarch
Please post chart so we can see where your looking and what time frame please.
1 hr chart on mt4. daily pivot point is 1.9330, sorry about the chart, not able to move
  • #588
  • Jan 8, 2007 1:22am Jan 8, 2007 1:22am
Quoting barakah
thanks bro, your thread is inspiring. good start, 40 pips today for me.
Watch it closely, even though I said 1.9386, it could hit a snag once the London opens. I am clipping a nice profit right now. Could call it night here with money in the bank, but I am leaving all my posted Longs open for analysis sake.

I know if I miss it, everyone will laugh me to scorn, especially those who are short. Hey you never know, I may have had some shorts also, but I guarantee before the night, I probably will have some shorts opened.

Lets play ball, left handed - right handed - Give it up, and Give it down.
  • #589
  • Jan 8, 2007 1:23am Jan 8, 2007 1:23am
So far so good.15 pips already.ho ho ho.yap.i'm expecting the same.nice push up on the london open.



Quoting monarch
Your a crazy dude, price has moved a little in our direction, I am waiting still for a nice push up towards the London open, or possibly there after.

Hang with it, don't blame me, and please don't get mad if you don't make much.

Keep me informed though.
  • #590
  • Jan 8, 2007 1:27am Jan 8, 2007 1:27am
Price just broke below the 61.8% line at the retracement from last move on the 1 minute chart. Could be all for now on upward. Watching 1.9324 range.
  • #591
  • Jan 8, 2007 1:28am Jan 8, 2007 1:28am
No one will laugh at you.those who laugh must be a newbie..trade is about probability.no one know the price.all we need to do is to make wall of analysis to the market in order to predict close to the real.my 2 cent



Quoting monarch
Watch it closely, even though I said 1.9386, it could hit a snag once the London opens. I am clipping a nice profit right now. Could call it night here with money in the bank, but I am leaving all my posted Longs open for analysis sake.

I know if I miss it, everyone will laugh me to scorn, especially those who are short. Hey you never know, I may have had some shorts also, but I guarantee before the night, I probably will have some shorts opened.

Lets play ball, left handed - right handed - Give it up, and Give it down.
  • #592
  • Jan 8, 2007 1:31am Jan 8, 2007 1:31am
scares me when reading between your lines, could you be having double short entries below 61.8, tp at line drawn 308, ... ... your acc must be huge...
Right teaching produces right believing leads to right living. - J.P
  • #593
  • Jan 8, 2007 1:33am Jan 8, 2007 1:33am
Well price broke my 50% fibo of 9340 hitting one pip over. It should hit it again and break through this point to 9359. I have a pivot of 9338
trading on demo is not trading
  • #594
  • Jan 8, 2007 1:34am Jan 8, 2007 1:34am
Or it just going to back down since it hit 50% retracement
trading on demo is not trading
  • #595
  • Jan 8, 2007 1:37am Jan 8, 2007 1:37am
I am begining to wonder too.
Quoting barakah
scares me when reading between your lines, could you be having double short entries below 61.8, tp at line drawn 308, ... ... your acc must be huge...
  • #596
  • Jan 8, 2007 1:38am Jan 8, 2007 1:38am
The price just came and hit the Open price for Frankfurt at 1.9312.
(point on interest on charts - I will share this later tonight)

I still have 1.9208 at the Low so far in this 1 hour time frame.

still on 15 Min. Candle.
  • #597
  • Jan 8, 2007 1:39am Jan 8, 2007 1:39am
Went short at 9340... tp 9224
trading on demo is not trading
  • #598
  • Jan 8, 2007 1:46am Jan 8, 2007 1:46am
Quoting Just1Pip
I am begining to wonder too.
I never said I was anyones friend. I am wondering what is in between the lines myself. I am here to make profit, but I am also here make a diagnosis of the elementary formations, strategies, theories, and technicals.

I have been honest here with every post I have placed. I may add some side bar information for the purpose of keeping your mind open to the quick change of temper the GBP may have, so please let me know if there is a problem here, and I will stop giving any of my information.

I have made my goal for the week already in my 4 hours of trading (many lots-many profits), I don't have to stay and share this with anyone, but that is all of your decision if your in question of my intentions?

I hope that every trader has a trade that is responding to their strategies.

Even though I said it could go down to the 1.9206-1.9230 areas, and it hasn't, that doesn't mean that it still cannot go there later.

Be ready for movement up and down, when price turns against you, pull the plug, and reenter with the direction it has turned.
  • #599
  • Jan 8, 2007 1:49am Jan 8, 2007 1:49am
Well, I still have my GBPUSD short opened @ 1.9439. Now it is +111 pips profit or so... I am still believing Cable going to go lower.

Hope this helps anybody.
  • #600
  • Jan 8, 2007 1:49am Jan 8, 2007 1:49am
perhaps I may jump into the fray short 1.9327
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