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Daily Cable Analysis

  • #3,581
  • Jan 24, 2007 7:58am Jan 24, 2007 7:58am
Quoting 59fender
1.9638 anyone?
A further move down may be likely to hit 9602
Man who scratches ass should not bite fingernails
  • #3,582
  • Jan 24, 2007 8:03am Jan 24, 2007 8:03am
to be honest i got 2 short orders @ 1.9675, one will do as a stop, the other IF triggered will get my pips back ...i got to go...cheers
its just money
  • #3,583
  • Jan 24, 2007 8:04am Jan 24, 2007 8:04am
Wave 3 downwards (from 1.9830) is finishing imo.
Tra-X
  • #3,584
  • Jan 24, 2007 8:04am Jan 24, 2007 8:04am
Quoting Leugimp
A further move down may be likely to hit 9602
now support on 1.9680 breaked

next will be 1.9590
  • #3,585
  • Jan 24, 2007 8:04am Jan 24, 2007 8:04am
Folks,

My charts are telling me we'll hit 1.9570 - 1.9550 by the end of the week.
Mono
  • #3,586
  • Jan 24, 2007 8:06am Jan 24, 2007 8:06am
Quoting Traex
Wave 3 downwards (from 1.9830) is finishing imo.
Could you please tell me what timeframe (or timeframes) you are using? Thanks!
  • #3,587
  • Jan 24, 2007 8:11am Jan 24, 2007 8:11am
Now this is what I call a shakeout - should be back at top sooner than I expected
Man who scratches ass should not bite fingernails
  • #3,588
  • Jan 24, 2007 8:11am Jan 24, 2007 8:11am
Quoting Traex
Wave 3 downwards (from 1.9830) is finishing imo.
I dont think so.....I think I will hold my short till the end of the week and see how.
  • #3,589
  • Jan 24, 2007 8:12am Jan 24, 2007 8:12am
Wave 3 and its subwaves can be seen in m30.

Quoting rdrainey
Could you please tell me what timeframe (or timeframes) you are using? Thanks!
Tra-X
  • #3,590
  • Jan 24, 2007 8:14am Jan 24, 2007 8:14am
It is right at the 250 ema in the 1hr... Last time it happened the down move was massive...

I'm still hesitating on going short here, but I think we should kiss Mr 9777 goodbye...

Daily recovering from overbought, too..

I'm now looking for an short entry for the rest of the week
  • #3,591
  • Jan 24, 2007 8:15am Jan 24, 2007 8:15am
watch pound /yen it looks poised to drop like another 300 pips
  • #3,592
  • Jan 24, 2007 8:17am Jan 24, 2007 8:17am
or bounce 300
  • #3,593
  • Jan 24, 2007 8:19am Jan 24, 2007 8:19am
in next hour because of Crude Oil Inventories maybe market fall more ( after bush speech )
  • #3,594
  • Jan 24, 2007 8:27am Jan 24, 2007 8:27am
we're stuck !!!
  • #3,595
  • Jan 24, 2007 8:29am Jan 24, 2007 8:29am
This 9666 is also a heavy area resistance on Jan 17, support on Jan 18

This may be the call for bears back
  • #3,596
  • Jan 24, 2007 8:30am Jan 24, 2007 8:30am
up is now ?
  • #3,597
  • Jan 24, 2007 8:31am Jan 24, 2007 8:31am
Quoting cesarnc
It is right at the 250 ema in the 1hr... Last time it happened the down move was massive...

I'm still hesitating on going short here, but I think we should kiss Mr 9777 goodbye...

Daily recovering from overbought, too..

I'm now looking for an short entry for the rest of the week
Nobody believes in shakeout huh -
This daily will be railroaded back up by tomorrow most likely or partially on an inside day to be taken out on Friday. This is amazing, just like I dreamt it.

Just an opinion
Man who scratches ass should not bite fingernails
  • #3,598
  • Jan 24, 2007 8:39am Jan 24, 2007 8:39am
resistance held firm. will it be tested again???
  • #3,599
  • Jan 24, 2007 8:41am Jan 24, 2007 8:41am
Quoting Leugimp
Nobody believes in shakeout huh -
This daily will be railroaded back up by tomorrow most likely or partially on an inside day to be taken out on Friday. This is amazing, just like I dreamt it.

Just an opinion
Man, during this long staying at the 9700-9800 area I was one of the fews here believing we were in a major uptrend move.

I had all charts screaming UP and yet I managed to loose money...

Now all of them are screaming down so badly, that I just can't take a long position, except for small scalps.

OK, there's much to be seen yet, but below 9695-9616 area, I'm all down...
  • #3,600
  • Jan 24, 2007 8:44am Jan 24, 2007 8:44am
Quoting cesarnc
This 9666 is also a heavy area resistance on Jan 17, support on Jan 18

This may be the call for bears back



19665 is .618 / 248 pips of the whole move up from 19262 - 19913 / 651 pips
(also my second target)
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