Daily Cable Analysis

I agree

The 50% Fibo at 1.9463 from the movement upwards just completed from the Low 1.9441 to the high 1.9484.

This sets us up for a further movement now.

And you wanted to know if you help us with your comments monarch?! Keep 'em coming, i'm in the same boat as you folks. Thank you very much for the info!

We break clean above the 1.9484 mark with no candle touching on the next 5 minute candle (body or Wick) and my indicators still look good, I am adding lots to the Long already entered.

Short will be decided upon the push momentum downward.

watching price drop here, may be a fakeout, will not change my position until I see clear indication that we are Short.

Whooooaaaaaaaaaaaa.... what is it gonna do? Like summit said the dollar is selling off.

closed above the line, no short indication yet

Ooops- Keeps you humble Heh!

if we have a candle close below 1.9460 then we are clear, also the second candle under the line should not close touching also.

damnit, got stopped out.

this is the 61.8% FIbo from the movement up, it could set here, but would still be touching the 1.9460 line

Me2- We should have been shorting the Us/Jpy tonight. I'm up for the day- so I'll sleep well- cheers everyone-

This is a Fibo retracement, and would get most traders into a short when they see the nice bear candle.

I have jumped the gun before, and entererd 1 candle to soon, and it reversed back up, and I ate it big.

Take your time, be patient, No Stops for now.

We'll touch base tomorrow, and by the Market open we should have a good idea where we are going.

Good trading and see you later.

The candle is closing on the 1.9460 line each time, I have a Long still opened, waiting for a close below the line without the body and wick touching. 5Min candle, I prefere the second candle cleared close also.

So far the line has held tight at 1.9460, we are seeing some signs of a continual rise, watching the 1.9484 mark on the top, and 1.9460 on the bottom.

Snow anyone

Thats not by you is it?

My Patio -I live at 2 miles above sealevel

The price for the hourly shows the low at 1.9449 which is siting on a Fibo 38.2% at 1.9448 this retracement is from the downward movement from 1.9840 to 1.9260.

This retracement level may show support for a continual climb.