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Daily Cable Analysis

  • #3,981
  • Jan 25, 2007 6:36am Jan 25, 2007 6:36am
we have him cornered guys, buy...buy...buy
Man who scratches ass should not bite fingernails
  • #3,982
  • Jan 25, 2007 6:41am Jan 25, 2007 6:41am
ok go back to business.
I think the next US news (Existing Home Sales in 20 min), will be a strong key to get out of this boring sideway trading...
Traders wait for this news to define the next direction, that is for sure...
  • #3,983
  • Jan 25, 2007 6:44am Jan 25, 2007 6:44am
Quoting dswk
ok go back to business.
I think the next US news (Existing Home Sales in 20 min), will be a strong key to get out of this boring sideway trading...
Traders wait for this news to define the next direction, that is for sure...
May the gods of forex here you...
  • #3,984
  • Jan 25, 2007 6:44am Jan 25, 2007 6:44am
Quoting dswk
ok go back to business.
I think the next US news (Existing Home Sales in 20 min), will be a strong key to get out of this boring sideway trading...
Traders wait for this news to define the next direction, that is for sure...
Yeah, price is juz bouncing inside M5's BB 20 so far. Breakout is expected.
Tra-X
  • #3,985
  • Jan 25, 2007 6:47am Jan 25, 2007 6:47am
Quoting dswk
ok go back to business.
I think the next US news (Existing Home Sales in 20 min), will be a strong key to get out of this boring sideway trading...
Traders wait for this news to define the next direction, that is for sure...
I don't know- i'm sure it will pick a direction but perhaps is waiting on some other news, this is unusually tight for gbpusd. Anyone know the average move after this news release?
Man who scratches ass should not bite fingernails
  • #3,986
  • Jan 25, 2007 6:55am Jan 25, 2007 6:55am
Quoting Leugimp
Anyone know the average move after this news release?
Small (30/40 pips) ... of course deviation count... but enough to decide the end of this side-range trading...
  • #3,987
  • Jan 25, 2007 6:57am Jan 25, 2007 6:57am
Just watch out for henry at those multiples of 11 -

Sorry just had to get that in
Man who scratches ass should not bite fingernails
  • #3,988
  • Jan 25, 2007 7:01am Jan 25, 2007 7:01am
Well, came in around expecatations - now let the technicals take over.
Man who scratches ass should not bite fingernails
  • #3,989
  • Jan 25, 2007 7:01am Jan 25, 2007 7:01am
no deviation = no move ...
  • #3,990
  • Jan 25, 2007 7:01am Jan 25, 2007 7:01am
Now, how disgusting is THIS?
  • #3,991
  • Jan 25, 2007 7:05am Jan 25, 2007 7:05am
Two grains of sand walking through the desert
One turns to the other and says "hey, I think we're being fllowed"
Man who scratches ass should not bite fingernails
  • #3,992
  • Jan 25, 2007 7:05am Jan 25, 2007 7:05am
Bored................
  • #3,993
  • Jan 25, 2007 7:05am Jan 25, 2007 7:05am
what are the technicals saying leugi??
  • #3,994
  • Jan 25, 2007 7:06am Jan 25, 2007 7:06am
Quoting mtrmth
what are the technicals saying leugi??
Henry is too powerful even for news traders.
Tra-X
  • #3,995
  • Jan 25, 2007 7:07am Jan 25, 2007 7:07am
so, prisoner of this side-range trading... up...down...up... down... Fitness w Forex :-)
  • #3,996
  • Jan 25, 2007 7:08am Jan 25, 2007 7:08am
yea well, he cost me 23 pips, i am in revenge mode!!! i am not in the mood for a sideways day and waiting for tomorrow.
  • #3,997
  • Jan 25, 2007 7:11am Jan 25, 2007 7:11am
the techs are saying scalp this until there is a breakout of either side, they've been saying it for some time now though so you may want to skip step one. As for the breakout, trade it on a 10-15 pip cushion with stop 10 15 inside the breakout line, if it comes to hit your stop witch will be a 20-30 pip stop, reverse the position to opposite end of range take profit there.
Man who scratches ass should not bite fingernails
  • #3,998
  • Jan 25, 2007 7:18am Jan 25, 2007 7:18am
looks like the area is between 19694-19725, unless henry carol screws it up with his 19711 buys!!! am i close on those numbers, or will it change each time it moves with a slight direction up or down thru the day??
  • #3,999
  • Jan 25, 2007 7:20am Jan 25, 2007 7:20am
Quoting mtrmth
looks like the area is between 19694-19725, unless henry carol screws it up with his 19711 buys!!! am i close on those numbers, or will it change each time it moves with a slight direction up or down thru the day??
Draw bollinger bands period 20 in M5 imo.
Tra-X
  • #4,000
  • Jan 25, 2007 7:23am Jan 25, 2007 7:23am
big time S&Rs at Actual ± 30 pips...

Looks like "The Beast" is not in the mood for a fight today..

Somebody there with an idea on a good rumor?

Like "Bin Laden said to be shaving this morning"...
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