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Daily Cable Analysis

  • #3,621
  • Jan 24, 2007 9:22am Jan 24, 2007 9:22am
Still holding the low for the day at 9660. You think we should see some retracement at the end of this day until tomorrow before we head downwards again?
http://i143.photobucket.com/albums/r...y/a41f7a5e.gif
  • #3,622
  • Jan 24, 2007 9:23am Jan 24, 2007 9:23am
Quoting Traex
Oh no, euro is dragging it down again!
GBPJPY sinking fast as Cable stalls the 9666
  • #3,623
  • Jan 24, 2007 9:26am Jan 24, 2007 9:26am
Quoting cesarnc
GBPJPY sinking fast as Cable stalls the 9666
Yahoo party on
  • #3,624
  • Jan 24, 2007 9:26am Jan 24, 2007 9:26am
Quoting cesarnc
Thanks Jacko... I'm having a really hard time here.

The problem is that the move of yesterday was completely OK with the indicators, but the action was counter intuitive. Yesterday morning (GMT) we were expecting the possibility of reaching 9846 then down we go.

OK,OK, "trade what you see"... Well, that's just what I'm doing now.

I spent like two weeks trying to figure out an entry so I could set & forget. Way too much indication that this entry has come.

Hi cesarnc

Am a little busy atm ....will get back to you in about one hour.
  • #3,625
  • Jan 24, 2007 9:29am Jan 24, 2007 9:29am
See? I don't want to play the "told you so" kinda guy... But the freaking charts were freaking SCREAMING "Down, you moron" at me here.
  • #3,626
  • Jan 24, 2007 9:30am Jan 24, 2007 9:30am
what a drop....pips in my moneybox ... cool
  • #3,627
  • Jan 24, 2007 9:31am Jan 24, 2007 9:31am
Ha Ha. I just drew a fibo on a 45-minute chart and guess where the 50% shows up? Exactly at the "dreaded" 1.9777.
  • #3,628
  • Jan 24, 2007 9:34am Jan 24, 2007 9:34am
the big boys just dropped 110 billion on longs!!!!
shoulda jumped in as well
  • #3,629
  • Jan 24, 2007 9:35am Jan 24, 2007 9:35am
Quoting rdrainey
Ha Ha. I just drew a fibo on a 45-minute chart and guess where the 50% shows up? Exactly at the "dreaded" 1.9777.
Well, looks like "777" is the number of this "beast"
  • #3,630
  • Jan 24, 2007 9:36am Jan 24, 2007 9:36am
Quoting rdrainey
Ha Ha. I just drew a fibo on a 45-minute chart and guess where the 50% shows up? Exactly at the "dreaded" 1.9777.

Look at the headstart we have to build power as we run up to it - we will blow right through it as if it were never there.

on 150 tick chart we have divergence in rsi at key short term level and divergence in bubble indicator, however, we will need a pretty swift move to , well, 9777 to avoid negative reversal.
Man who scratches ass should not bite fingernails
  • #3,631
  • Jan 24, 2007 9:36am Jan 24, 2007 9:36am
Quoting cesarnc
Well, looks like "777" is the number of this "beast"

Too funny!
  • #3,632
  • Jan 24, 2007 9:37am Jan 24, 2007 9:37am
Quoting mtrmth
the big boys just dropped 110 billion on longs!!!!
shoulda jumped in as well

where do you get your info from, or is it classified.
Man who scratches ass should not bite fingernails
  • #3,633
  • Jan 24, 2007 9:37am Jan 24, 2007 9:37am
Quoting mtrmth
the big boys just dropped 110 billion on longs!!!!
shoulda jumped in as well
Can you be more detailed? Where such information came from?
  • #3,634
  • Jan 24, 2007 9:38am Jan 24, 2007 9:38am
Quoting cesarnc
Well, looks like "777" is the number of this "beast"
you guys are looking for a long from this point to 1.9777 when all indicators show down?

trade against the trend?
  • #3,635
  • Jan 24, 2007 9:39am Jan 24, 2007 9:39am
Quoting Tatton
you guys are looking for a long from this point to 1.9777 when all indicators show down?

trade against the trend?
I didn't say that. I said I drew a fibo. That's all.
  • #3,636
  • Jan 24, 2007 9:39am Jan 24, 2007 9:39am
Quoting mtrmth
the big boys just dropped 110 billion on longs!!!!
shoulda jumped in as well

mtr,

are you just long and hoping by making this claim that the wonderful people of this thread will all go long, bringing your position back in the black
Man who scratches ass should not bite fingernails
  • #3,637
  • Jan 24, 2007 9:42am Jan 24, 2007 9:42am
Quoting henrycarol
That will be painful dude.

I shorted another short at that price u wanted to long
had a tight stop
  • #3,638
  • Jan 24, 2007 9:42am Jan 24, 2007 9:42am
just by going by your news reports you posted. besides, that snapped back pretty damn hard, cost me 10 pips in the 10 seconds it took me to jump out and take profits. either that or everyone who jumped in got out at the same time. guess we will see if my hunch was right. if i am,9777.
  • #3,639
  • Jan 24, 2007 9:42am Jan 24, 2007 9:42am
Quoting Tatton
you guys are looking for a long from this point to 1.9777 when all indicators show down?

trade against the trend?

Depends on your timeframe when talking about trend
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Man who scratches ass should not bite fingernails
  • #3,640
  • Edited 9:44am Jan 24, 2007 9:42am | Edited 9:44am
Is it because its the first month of the year or are these numbers reacting wrong....for example the crude oil number just came out with a draw and its getting killed , just weird..wondering if anyone had any input..im sorry i know this is only the cable but..
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