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Daily Cable Analysis

  • #2,961
  • Jan 21, 2007 4:01pm Jan 21, 2007 4:01pm
Quoting enzo2325
Here is my 4 hour chart
what you have is an 8hour spinning top defining a range. breakout will signal direction.

how to find the 8 hour spinning top. blend the bars. simple.
With a break always expect a pullback, otherwise, you're dead meat/
  • #2,962
  • Jan 21, 2007 4:42pm Jan 21, 2007 4:42pm
Quoting ghitz
what you have is an 8hour spinning top defining a range. breakout will signal direction.

how to find the 8 hour spinning top. blend the bars. simple.

9772 / 9695?
  • #2,963
  • Jan 21, 2007 9:21pm Jan 21, 2007 9:21pm
why there's no one even reply on this thread? am i the only one lagging here or what?? it's seem like the last post was 5 hours ago? grrr!
Be a sniper not a jumper
  • #2,964
  • Jan 21, 2007 9:35pm Jan 21, 2007 9:35pm
I wish I had been posting it would be a good sign. Unfortunatelyfor me, my puppy ate a pack of wrigleys orbit gum which has a deathly toxic sweetener in it for dogs. He is now hospitalized on IV and being given a glucose treatment. This stuff cause their blood sugar to drop fast, causing depression, anxiety, seizures and leads to liver failure. It is really heartbreaking so for any of you with dogs, watch out for this gum or any other product using xylitol as a sweetner(as it is becoming much more widely used, for humans it actually has good effects). As for me I will be out of the market until I resolve this situation with my dog. Poor guy.
Man who scratches ass should not bite fingernails
  • #2,965
  • Jan 21, 2007 9:57pm Jan 21, 2007 9:57pm
aww...that is terrible! I do hope he recovers okay. I have many animals and it is heartbreaking when any are ill. I wish you and your dog the best of outcomes.
  • #2,966
  • Jan 21, 2007 11:23pm Jan 21, 2007 11:23pm
Last Friday Results

The Frankfurt Low was 1.9739
The London Open was 1.9754

Since Market Open Today
Low was 1.9730
High was 1.9753

23 pip channel.

No major movement as of yet, the Frankfurt and London open in 1 1/2 to
2 1/2 hours will be the price range factor for todays session upcoming.

We should see a test of the 1.9762 coming forth, now that the low of 1.9739 has been tested.
  • #2,967
  • Jan 21, 2007 11:46pm Jan 21, 2007 11:46pm
Based upon my calculations, the Key Price will be 1.9754 which was also the London Open Price during the Friday Session.

These figures are based upon the 1 Hr Fibo setup and subdivisions that have completed every setup cycle, including a cross reference of the previous 6 pivot levels that I had calculated.

1.9754 is the result of each of the price breakdowns to the exact pip.

It just happens to be the exact open Price for the London open Friday, which we have come up too today, and found Resistance so far at 1.9753

My projection would be to watch this mark during the next few hours with London coming online, then we shall see if it holds Resistance, or actually becomes a new support for a continual upward movement.

I actually would expect to see this price range straddled during the Frankfurt hour before the London open, if not, it may actually happen during the London open time.

I also have the 1.9722 on the Low for support still, same as Cesarnc.

1.9739 will have to be penetrated and breached during the Frankfurt hour, and possibly 1.9722 could be the Frankfurt Low.

These are a few ideas for the newbies to watch, but please do not consider this a trade recommendation.

This is a Short Term Analysis, that may affect the Long Term this week.
  • #2,968
  • Jan 22, 2007 12:13am Jan 22, 2007 12:13am
Quoting Leugimp
I wish I had been posting it would be a good sign. Unfortunatelyfor me, my puppy ate a pack of wrigleys orbit gum which has a deathly toxic sweetener in it for dogs. He is now hospitalized on IV and being given a glucose treatment. This stuff cause their blood sugar to drop fast, causing depression, anxiety, seizures and leads to liver failure. It is really heartbreaking so for any of you with dogs, watch out for this gum or any other product using xylitol as a sweetner(as it is becoming much more widely used, for humans it actually has good effects). As for me I will be out of the market until I resolve this situation with my dog. Poor guy.
Sorry to here that, i wish you and your dog all the best.

Don't suppose it was Trident gum?
"Anything in life worth having, doesn't come easy."
  • #2,969
  • Jan 22, 2007 1:32am Jan 22, 2007 1:32am
Once again we have tested right below the 1.9754 mark, we still have 1/2 hour left in Frankfurt time before the London Open.

Waiting now for test above the 1.9754 line.
  • #2,970
  • Jan 22, 2007 1:33am Jan 22, 2007 1:33am
So far this is the Frankfurt Low, we are waiting for the Low on the Hour still.
  • #2,971
  • Jan 22, 2007 2:11am Jan 22, 2007 2:11am
Frankfurt Low - 1.9739
Frankfurt High - 1.9753

London Open - 1.9745
London High - 1.9753


Resistance at 1.9754 - Held
Support at 1.9739 - Waiting for breach of line now.
  • #2,972
  • Jan 22, 2007 2:12am Jan 22, 2007 2:12am
Frankfurt Low is 1.9737

Quoting monarch
Frankfurt Low - 1.9737
Frankfurt High - 1.9753

London Open - 1.9745
London High - 1.9753


Resistance at 1.9754 - Held
Support at 1.9739 - Waiting for breach of line now.
  • #2,973
  • Jan 22, 2007 2:19am Jan 22, 2007 2:19am
Quoting monarch
Frankfurt Low is 1.9737
hey monarch i think , 1.9777 still remain for today , you agree ?


Did you saw my message?
  • #2,974
  • Jan 22, 2007 2:19am Jan 22, 2007 2:19am
So far the High during the Market Session is 1.9753

This price has been tested 5 Times on the 1HR Chart.

Goal #1 - Frankfurt Open to London Open - Completed - Met Goal.

Goal #2 - Waiting for breach at 1.9737 on 5Min Candle Close.
  • #2,975
  • Jan 22, 2007 2:22am Jan 22, 2007 2:22am
Quoting viking
hey monarch i think , 1.9777 still remain for today , you agree ?
Quoting viking


Did you saw my message?


Yes I recieved your PM, and I would agree in technical terms, but as of right now, there are a few hurdles that have held the increase down.

I will re-evaluate once the test of the Low at 1.9722 can be tested, and I only say this because of the Test and Failure so far at 1.9753 today.

We have yet to test a support from Friday. 1.9722 down to 1.9706 area.

It is here, that I will be able to identify such a move upwards.
  • #2,976
  • Jan 22, 2007 2:29am Jan 22, 2007 2:29am
Quoting monarch

Yes I recieved your PM, and I would agree in technical terms, but as of right now, there are a few hurdles that have held the increase down.

I will re-evaluate once the test of the Low at 1.9722 can be tested, and I only say this because of the Test and Failure so far at 1.9753 today.

We have yet to test a support from Friday. 1.9722 down to 1.9706 area.

It is here, that I will be able to identify such a move upwards.
Why u think it will go down first?
  • #2,977
  • Jan 22, 2007 2:29am Jan 22, 2007 2:29am
I think its good ....

Sell limit 1.9772
T.P : 1.9742

any idea?
  • #2,978
  • Jan 22, 2007 2:30am Jan 22, 2007 2:30am
Based upon a 5 minute time frame - the price at 1.9737 would place us below the 250 EMA.

Based upon a 15 minute time frame - the price at 1.9722 would place a bounce on top of the 250 EMA.

On January 11th the price crossed up and over the 250 EMA to remain until present. There was several occasions the price dipped below, but remained above this EMA.

I would consider the 5 minute 250 EMA attainable, but the 15 minute has held strong in respect to a support line.
  • #2,979
  • Jan 22, 2007 2:33am Jan 22, 2007 2:33am
Quoting monarch
Based upon a 5 minute time frame - the price at 1.9737 would place us below the 250 EMA.

Based upon a 15 minute time frame - the price at 1.9722 would place a bounce on top of the 250 EMA.

On January 11th the price crossed up and over the 250 EMA to remain until present. There was several occasions the price dipped below, but remained above this EMA.

I would consider the 5 minute 250 EMA attainable, but the 15 minute has held strong in respect to a support line.
Wierd...
My 5min 250EMA is 1,9742 right now...

15min 250 EMA = 1,9721 - OK
  • #2,980
  • Jan 22, 2007 2:36am Jan 22, 2007 2:36am
Quoting c1ro
Why u think it will go down first?
This is only a speculation, actually if the 1.9737 holds true, we could bounce from this mark and the 5 Minute 250 EMA upwards to retest the High from last week at 1.9777.

The Frankfurt and London usually help define the price movement for most of the London session, therefore, I watch these areas real close.

I am waiting for the break here for a support test, but so far there has been no break to the lower, or to the upwards either.

We are in about the same range as when the market opened ealier today.

Actually, I see the Monthly Candle rising up to test the High at 1.9840-46 mark by end of the week, or at best by the end of the Month.

This would reveal to us a Double Top, or the continuation upward once this target is reaced.
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