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Daily Cable Analysis

  • #3,181
  • Jan 23, 2007 2:54am Jan 23, 2007 2:54am
Leugimp

I would expect the 1.9834 mark to be tested one more time, or the 1.9840-46 area before we see a downward move below the 1.9800 area. This would complete the 100% Fibo on the High 12-1-06.

TP #1 - 1.9775
TP #2 - 1.9696
  • #3,182
  • Jan 23, 2007 3:00am Jan 23, 2007 3:00am
as of right now i am also 25 ticks away from a reversal pattern on 150 tick chart
Man who scratches ass should not bite fingernails
  • #3,183
  • Jan 23, 2007 3:02am Jan 23, 2007 3:02am
Quoting monarch
Leugimp

I would expect the 1.9834 mark to be tested one more time, or the 1.9840-46 area before we see a downward move below the 1.9800 area. This would complete the 100% Fibo on the High 12-1-06.

TP #1 - 1.9775
TP #2 - 1.9696
is definitely possible
Man who scratches ass should not bite fingernails
  • #3,184
  • Jan 23, 2007 3:06am Jan 23, 2007 3:06am
On 12-4-06 The Candle reached a High of 1.9837 (3 pips higher than now), then the candle closed at 1.9813 mark.

Our price may straddle this area for some time, it has held as a support line so far today.

This could be a repeat of 12-4-06 or if we go up to 1.9840-46 that would match the 12-1-06 Candle that closed at 1.9794.

If 1.9840-46 was our high for the remainder of the Month, then I would project a nice downward movement from the point we are at right now.

This is the long term analysis, which would require the remainder of the month to fall into the perimeters set forth.
  • #3,185
  • Jan 23, 2007 3:11am Jan 23, 2007 3:11am
small pin nose formed on last hr. bar
  • #3,186
  • Jan 23, 2007 3:15am Jan 23, 2007 3:15am
How's the puppy?

Steve
TULKAS
  • #3,187
  • Jan 23, 2007 3:16am Jan 23, 2007 3:16am
that was to Leugimp...

SCC
TULKAS
  • #3,188
  • Jan 23, 2007 3:17am Jan 23, 2007 3:17am
please can any one explain why this up in price of GBP/USD, i think there is no any analysis drive to these price, als i think that when the price of EUR/USD in range 1.29-1.30 , then the range og GBP around 1.94-1.95!!!!!!!!!!!!
  • #3,189
  • Jan 23, 2007 3:22am Jan 23, 2007 3:22am
I hope we can ask these Billionaires out there who drives these markets up or down and we will know when to place the right trade.

I entered long this morning at 9766 and take a long afternoon nap, then surprised that my TP of 9816 was touched and even went higher in the Frankfurt session ( I was expecting this long move only after the London session).
  • #3,190
  • Jan 23, 2007 3:23am Jan 23, 2007 3:23am
Quoting khaled22
please can any one explain why this up in price of GBP/USD, i think there is no any analysis drive to these price, als i think that when the price of EUR/USD in range 1.29-1.30 , then the range og GBP around 1.94-1.95!!!!!!!!!!!!
Due to the collapse of EUR/GBP from above 0.67, GBP/USD was able to move ahead of EUR/USD. Fundamentally, BoE rate hike vs ECB no rate hike made the difference.
Tra-X
  • #3,191
  • Jan 23, 2007 3:27am Jan 23, 2007 3:27am
Quoting Tulkas
that was to Leugimp...

SCC

Thanks for asking - i brought him home earlier from the hospital - His blood sugar is back at normal levels. As for his liver - one of the three enzymes that they check for is elevated and has risen ever so slightly. Although this is not ideal, I couldn't ask for better news at the moment because earlier in the day, I was told that he had a 70% chance of total liver failure.

Im giving him meds every 8 hours and another every 12 hours for his liver. I was told that this is a very critical period and if he can make it through tomorrow night/wednesday morning he will have a very high chance of full recovery. He is in much better spirits, he is wagging tail, barking, biting, eating, humping again. Hopefully the little guy will keep fighting.

Its amazing how much I have gotten attached to this animal, it drove me insane all day, i thought i was dreaming. Thanks for asking.
Man who scratches ass should not bite fingernails
  • #3,192
  • Jan 23, 2007 3:29am Jan 23, 2007 3:29am
Great to hear. Keep us posted!

OK...back to watching paint dry...

SCC
TULKAS
  • #3,193
  • Jan 23, 2007 3:30am Jan 23, 2007 3:30am
Quoting khaled22
please can any one explain why this up in price of GBP/USD, i think there is no any analysis drive to these price, als i think that when the price of EUR/USD in range 1.29-1.30 , then the range og GBP around 1.94-1.95!!!!!!!!!!!!
There is actually alot of analysis to go with these prices. Go back a week or so in the thread and look at confirming signals for the longer term picture and you will see these levels there. It's not always mentioned however, because many of us probably take trades on a shorter timeframe and exit accordingly. Then we must wait for other opportunitys to enter the market, even though, perhaps, the longer term picture is still playing out.
Man who scratches ass should not bite fingernails
  • #3,194
  • Jan 23, 2007 3:35am Jan 23, 2007 3:35am
Quoting Leugimp

Im giving him meds every 8 hours and another every 12 hours for his liver. I was told that this is a very critical period and if he can make it through tomorrow night/wednesday morning he will have a very high chance of full recovery. He is in much better spirits, he is wagging tail, barking, biting, eating, humping again. Hopefully the little guy will keep fighting.
Good to know.... Soon he will be patting on your keyboard and triggering what you will call "wierd fx orders" later
  • #3,195
  • Jan 23, 2007 3:53am Jan 23, 2007 3:53am
Quoting cesarnc
Good to know.... Soon he will be patting on your keyboard and triggering what you will call "wierd fx orders" later
God willing
Man who scratches ass should not bite fingernails
  • #3,196
  • Jan 23, 2007 4:03am Jan 23, 2007 4:03am

Quoting khaled22
please can any one explain why this up in price of GBP/USD, i think there is no any analysis drive to these price, als i think that when the price of EUR/USD in range 1.29-1.30 , then the range og GBP around 1.94-1.95!!!!!!!!!!!!
O i just need to reply 2nd time, see post 108 ,...why evrybody wants to catch the top in a bulish market, and bottom in bearish...just dont get it (it should be the other way arround), that doesnt say go long or short now!!!!...if u wont to make any corelation towards eur/usd, then do look eur/gbp and u will find out that its not so correlated, since they raised the rates,....if the eur will raise them, and they dont, then the euro will rally the same or similar, and will catch up with pound,...today there is bush speach, which may inluence somewhat in futures & currencies ...

its just money
  • #3,197
  • Jan 23, 2007 4:10am Jan 23, 2007 4:10am
lets see if this spikes here
Man who scratches ass should not bite fingernails
  • #3,198
  • Jan 23, 2007 4:21am Jan 23, 2007 4:21am
t/p 9840 met i am out... imo still think more upside poss 9900
  • #3,199
  • Jan 23, 2007 4:25am Jan 23, 2007 4:25am
hey de123, the bush speech won't affect the market, it will mostly be about domestic policy. it is the state of the union speech, he already gave the iraq strategy speech.
  • #3,200
  • Jan 23, 2007 4:29am Jan 23, 2007 4:29am
What do you read, Leugimp? Room for more up?
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