Daily Cable Analysis | Page 61 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Is it just me or is cable acting random? 49 replies

Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies

CABLE Centurion 16 replies

Cable: Measuring Fibonacci From Where ? 29 replies

Attachments: Daily Cable Analysis
Exit Attachments

Daily Cable Analysis

  • #1,201
  • Jan 11, 2007 3:23am Jan 11, 2007 3:23am
Quoting dswk
nice but why ?
GBPCHF short - took a top down approach

30 min trendline resistance and macd divergence and rsi coming down below 70

5 Min - break of support line and a 123 macd heading down

only concern is that it is holding above the yesterdays high, will monitor and take a small loss if it fails to break the YH
  • #1,202
  • Jan 11, 2007 3:26am Jan 11, 2007 3:26am
Quoting marwan2010
GBPCHF short - took a top down approach

30 min trendline resistance and macd divergence and rsi coming down below 70

5 Min - break of support line and a 123 macd heading down

only concern is that it is holding above the yesterdays high, will monitor and take a small loss if it fails to break the YH
Thanks. I will monitor than....especially after the BOE annoucement.
  • #1,203
  • Jan 11, 2007 3:42am Jan 11, 2007 3:42am
i dont know about those numbers etc...but i got a feeling it wants to go south,...so im short a little below 1.9400....
its just money
  • #1,204
  • Jan 11, 2007 3:45am Jan 11, 2007 3:45am
I still think we are going down a lot lower and that we are in a wave 4 corrective wave. We will see how it plays out. my target is still 1.9223
trading on demo is not trading
  • #1,205
  • Jan 11, 2007 3:49am Jan 11, 2007 3:49am
I also think we are in a downtrend still.. let's see what happens in 10 mins
Trade what you see, not what you think.
  • #1,206
  • Jan 11, 2007 4:04am Jan 11, 2007 4:04am
What just happened, Opened up the new hour way up? Any ideas?
  • #1,207
  • Jan 11, 2007 4:04am Jan 11, 2007 4:04am
I should ve sent my limits higher.
  • #1,208
  • Jan 11, 2007 4:05am Jan 11, 2007 4:05am
Don't get me wrong I am not complaining.
  • #1,209
  • Jan 11, 2007 4:05am Jan 11, 2007 4:05am
Quoting confused
What just happened, Opened up the new hour way up? Any ideas?
Interest rate increase 5,25%
  • #1,210
  • Jan 11, 2007 4:06am Jan 11, 2007 4:06am
They raised the rates, nice!!
Try hard, think fast, die young
  • #1,211
  • Edited 4:25am Jan 11, 2007 4:13am | Edited 4:25am
where is it going from here?


will we see another increase with the eur which should drive the cable higher also?
  • #1,212
  • Jan 11, 2007 4:23am Jan 11, 2007 4:23am
thats more like it! wish i had have added to my longs before the news.
  • #1,213
  • Jan 11, 2007 4:25am Jan 11, 2007 4:25am
I am short from 525
Quoting Tatton
where is it going from here?
  • #1,214
  • Jan 11, 2007 4:25am Jan 11, 2007 4:25am
Quoting Leugimp
This signal is usually so spot on that I wouldn't be surprised if BOE would raise rates today. I know it is far fetched but it looks possible and since it is a free ride, it is worth risking my excess profit for the day. (I don't know why I or anyone else calls it a free ride, I mean after all, you are giving up what you already have).
Hope you all made out
Man who scratches ass should not bite fingernails
  • #1,215
  • Jan 11, 2007 4:26am Jan 11, 2007 4:26am
Quoting dobbie11
I am short from 525
Why's that? Looking for retracement?

ECB interest rate + Trichet speaking shortly... Wouldn't it open room for further up?
  • #1,216
  • Jan 11, 2007 4:34am Jan 11, 2007 4:34am
well i didnt have a trade open so i missed this opportunity to make pips but their will always be more opportunities.....


so more up or down? i figure up .. look at the expected new for today and tomorrow
  • #1,217
  • Jan 11, 2007 4:42am Jan 11, 2007 4:42am
we did not reach the target tp1 which is 61.8 % fibo at 1.9565
Attached Image
  • #1,218
  • Jan 11, 2007 4:44am Jan 11, 2007 4:44am
after the current slight retrace, NY will take it higher - most likely to the next fib as just projected
Consistency and patience is everything
  • #1,219
  • Jan 11, 2007 4:46am Jan 11, 2007 4:46am
Hi all,

Methink Cable surprise 25 bases point rate increase may not hold it from slumping for too long. The slide thereafter might take it to 1.9100 - 150 area in the medium term. For now, there is a risk of upside albeit very temporary to 1.9600 area.

I enjoy all here.You are all great guys.

Dollar-Man


===================================

My opinions are solely mine and not an invitation to trade.
  • #1,220
  • Jan 11, 2007 4:53am Jan 11, 2007 4:53am
did good I made 21 pips on the move up, got in late at 475 closed at 400. Staddle the Interest rates at 410 & 350. Close the the long at 525 MM LINE 8/8 and went sho5t at 520 and just closed at 495. Now I will wait. total 153 pips. Not bad.
Quoting Leugimp
Hope you all made out
3 traders viewing now