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Daily Cable Analysis

  • #3,821
  • Jan 25, 2007 2:11am Jan 25, 2007 2:11am
From the current price, it's not far from what predicted, I expect the market to end this week at somewhere within 1.98 to 1.99 before trying to break recent high and move into 2.0 next week...
I am just here to talk nonsense =D
  • #3,822
  • Jan 25, 2007 2:12am Jan 25, 2007 2:12am
Quoting positivepips
so I dont get this one ? all at once ? I tried but short fingers or something
Hmm, did you read my post to you?
  • #3,823
  • Jan 25, 2007 2:14am Jan 25, 2007 2:14am
Quoting dukeofdents
Zarul,

Trading can be very hard if you really think Cable is on its way up any time soon.

Just keep longing it, I'm the guy that banks it when you cover at the bottom...
Better luck next time dukey baby!
  • #3,824
  • Jan 25, 2007 2:14am Jan 25, 2007 2:14am
Quoting bodge
Hmm, did you read my post to you?
Yes thank you Ill try it but really dont want email
  • #3,825
  • Jan 25, 2007 2:14am Jan 25, 2007 2:14am
Quoting fxpinoy
You think we'll hit the 61.8fib of 9758 from yesterdays hi-lo?
That would place us at 1.9721, just below our beloved 1.9722 level everyone loves!
  • #3,826
  • Jan 25, 2007 2:15am Jan 25, 2007 2:15am
Quoting monarch
That would place us at 1.9721, just below our beloved 1.9722 level everyone loves!
I STILL have that line drawn on my charts! I may just leave it there forever.
  • #3,827
  • Jan 25, 2007 2:16am Jan 25, 2007 2:16am
Quoting Leugimp
need to close over 9692 on 1600 tick to get things movin - 700 ticks remaining
reached the first key level -

Next key level will be a close above 9750 before a confirmed turn to downside is made. This level will close the door on any negative reversals on up to the top. However a confirmed turn in price and rsi prior to this level, may suggest a double bottom with divergence to come before a move to the top materializes.

A close on 1600 tick above this number and we may see 9820-9840 before the day is over
Man who scratches ass should not bite fingernails
  • #3,828
  • Jan 25, 2007 2:16am Jan 25, 2007 2:16am
Quoting monarch
That would place us at 1.9721, just below our beloved 1.9722 level everyone loves!
High 1.9769
Low 1.9643

50% Fibo 1.9706
61.8% Fibo 1.9722
  • #3,829
  • Jan 25, 2007 2:19am Jan 25, 2007 2:19am
Quoting positivepips
Yes thank you Ill try it but really dont want email
Fair enough. Click User CP at the top of this page and you will find your subscriptions there. You would need to refresh that page periodically in order to see the updates though.
  • #3,830
  • Jan 25, 2007 2:20am Jan 25, 2007 2:20am
Quoting rdrainey
I STILL have that line drawn on my charts! I may just leave it there forever.
I have dreamed of that number, along with 1.9747, 1.9606, 1.9840, 1.9665, 1.9999, 2.0100.

I can't seem to get these things out of my head.

Oh, and the profit I took, that sticks the best.
  • #3,831
  • Jan 25, 2007 2:23am Jan 25, 2007 2:23am
Just shorted at 1.9717

Let's see where it goes at the end of the US session
  • #3,832
  • Jan 25, 2007 2:25am Jan 25, 2007 2:25am
Quoting monarch
I have dreamed of that number, along with 1.9747, 1.9606, 1.9840, 1.9665, 1.9999, 2.0100.

I can't seem to get these things out of my head.

Oh, and the profit I took, that sticks the best.
So it's the confluence of today's pivot point, the 61.8 fib AND the number of your dreams. Even better
  • #3,833
  • Jan 25, 2007 2:26am Jan 25, 2007 2:26am
Quoting henrycarol
Just shorted at 1.9717

Let's see where it goes at the end of the US session
All I can say is, wow.
  • #3,834
  • Jan 25, 2007 2:29am Jan 25, 2007 2:29am
Quoting henrycarol

....Let's see where it goes at the end of the US session
to the moon maybe..
Man who scratches ass should not bite fingernails
  • #3,835
  • Jan 25, 2007 2:30am Jan 25, 2007 2:30am
Quoting henrycarol
Just shorted at 1.9717

Let's see where it goes at the end of the US session
the pound is rushing up like a water right now, but well, good luck to you though~!
I am just here to talk nonsense =D
  • #3,836
  • Jan 25, 2007 2:32am Jan 25, 2007 2:32am
Quoting Leugimp
to the moon maybe..
LOL!!
I am just here to talk nonsense =D
  • #3,837
  • Jan 25, 2007 2:33am Jan 25, 2007 2:33am
The Frankfurt Low yesterday was 1.9735, a full circle (99% Fibo) in a 1 day period, same as the day before on the upward move.
  • #3,838
  • Jan 25, 2007 2:33am Jan 25, 2007 2:33am
Quoting Zarul Shahrin
the pound is rushing up like a water right now, but well, good luck to you though~!
Did you mean to say good luck, or thanks for the pips? Hehe just joking henry, but this is a bull market.
  • #3,839
  • Jan 25, 2007 2:35am Jan 25, 2007 2:35am
rsi moving into the danger zone on longer term 1600 tick. If candle closes in this area we must move above 9750 before a turn in price in order to avoid the negative reversal. A close on this bar below 9719 though would buy gbP some time to hit that level on close as rsi would move out of danger zone(Zone where decision must be made on followthrough).
Man who scratches ass should not bite fingernails
  • #3,840
  • Jan 25, 2007 2:37am Jan 25, 2007 2:37am
Quoting Zarul Shahrin
the pound is rushing up like a water right now, but well, good luck to you though~!
Maybe like a fountain, never seen water rush up. LOL

Where are the short shouters now?

Personally, I watched it all from the sidelines after getting my profits in 6 minutes, yep, I let it all pass me by.

I Have to stick to my strategy for the week, and that is what I did, even though it looks like it is going up, news will put this puppy into a quick frenzy, and everyone will scramble.

You gotta love the Cable.
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