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Daily Cable Analysis

  • #3,481
  • Jan 24, 2007 2:59am Jan 24, 2007 2:59am
As we speak, here is my fade
Man who scratches ass should not bite fingernails
  • #3,482
  • Jan 24, 2007 3:00am Jan 24, 2007 3:00am
target 9717 acheived, awaiting next signal
Mono
  • #3,483
  • Jan 24, 2007 3:03am Jan 24, 2007 3:03am
Daily candle already broke down......

I think the stops are around 1.9690
  • #3,484
  • Jan 24, 2007 3:03am Jan 24, 2007 3:03am
buy signal time target 9745
Mono
  • #3,485
  • Jan 24, 2007 3:05am Jan 24, 2007 3:05am
I think we should ask Forex Factory to change this forum to a chat room!
Should all the rtime press on the refresh button!!!
  • #3,486
  • Jan 24, 2007 3:08am Jan 24, 2007 3:08am
with my pillow.

See everyone later.

enjoy the news.
  • #3,487
  • Jan 24, 2007 3:08am Jan 24, 2007 3:08am
Quoting jimo
go up like jet cant stop it
i am short form 9860.
any idea what will hapen now?
closed all short with 140 pips profit
  • #3,488
  • Jan 24, 2007 3:10am Jan 24, 2007 3:10am
That guy who showd up yesterday carrying client's big drawdowns is possibly feeling like going from hell to heaven.... Hope he's on this...
  • #3,489
  • Jan 24, 2007 3:12am Jan 24, 2007 3:12am
News coming up at 0930 GMT which should lead to a spike in Cable for the very short term. Target would be the 61.8 Fib of today's move at 1.9786 which is also a previous area of resistance. After that we should see a strong continuation of the down trend, unless the news contains something totally unexpected. If the news isn't positive, the only way is down.
  • #3,490
  • Jan 24, 2007 3:12am Jan 24, 2007 3:12am
Quoting mono
buy signal time target 9745
Is this figure double bottom reversal ?
  • #3,491
  • Jan 24, 2007 3:13am Jan 24, 2007 3:13am
if this is in fact the turn on 1600 tick, target in the minimum for this formation would be 2.0035, otherwise I must wait for confirmed turn to evaluate target.
Attached Image
Man who scratches ass should not bite fingernails
  • #3,492
  • Jan 24, 2007 3:14am Jan 24, 2007 3:14am
It's moving up again, I am already long with TP at 1.9820 , I might change the TP lower though....Even if the market goes the other way around, I don't mind as I am sure it will be going up again in the worst case scenario by early next week....
I am just here to talk nonsense =D
  • #3,493
  • Jan 24, 2007 3:17am Jan 24, 2007 3:17am
yeap move it too 2.02 and ride the horse all the way up...as long as 1.9680 holds ofcourse...
its just money
  • #3,494
  • Jan 24, 2007 3:17am Jan 24, 2007 3:17am
target acheived now wait on news
Mono
  • #3,495
  • Jan 24, 2007 3:18am Jan 24, 2007 3:18am
I'm keeping leverage low, in case I get a move against this I can continue to pick up inventory, otherwise I will buy retracements all the way up as long as technical picture sustains.
Man who scratches ass should not bite fingernails
  • #3,496
  • Jan 24, 2007 3:23am Jan 24, 2007 3:23am
shrt here @9734 t/p 9700.... downside could be limited to 9690-9670 if this area is broken we may see 9600 just my opiniion.. time will tell
  • #3,497
  • Jan 24, 2007 3:26am Jan 24, 2007 3:26am
Quoting marc
Hi!

As long as we keep below 1,9753, next should be 1,9720 - 1,9694 - 1,9635 and 1,9621 - 1,9590 (very important that one).

Marc

GBPUSD low so far: 1,9715.

Brokers say we could have seen cable's low for today.

Marc
  • #3,498
  • Jan 24, 2007 3:28am Jan 24, 2007 3:28am
imo still in uptrend market just moving down to find a good price for move up so while we are down here pick wisely....
  • #3,499
  • Jan 24, 2007 3:28am Jan 24, 2007 3:28am
I bet Cable over 1.9750 before 30 min. The news will push it fast
  • #3,500
  • Jan 24, 2007 3:30am Jan 24, 2007 3:30am




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