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Daily Cable Analysis

  • #4,001
  • Jan 25, 2007 9:25am Jan 25, 2007 9:25am
Quoting cesarnc
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"...
Yes I saw that too, shaving for his date with american hottie
  • #4,002
  • Jan 25, 2007 9:30am Jan 25, 2007 9:30am
We are getting higher lows and higher highers within the range lately.
  • #4,003
  • Jan 25, 2007 9:42am Jan 25, 2007 9:42am
Who said analysts are not funny ?
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  • #4,004
  • Jan 25, 2007 9:44am Jan 25, 2007 9:44am
The only thing I would say technically is to be careful with indicators off of shorter term charts once the action resumes - stuff like this will make them act funny when things pick up making them unreliable, for this reason I like to set up constant range charts until things get back to normal.
Man who scratches ass should not bite fingernails
  • #4,005
  • Jan 25, 2007 9:50am Jan 25, 2007 9:50am
Quoting dswk
Who said analysts are not funny ?


i receive stuff like that, too...
  • #4,006
  • Jan 25, 2007 9:52am Jan 25, 2007 9:52am
I've just realized we've hit over 4k posts in this thread. Good spams from us.
Tra-X
  • #4,007
  • Jan 25, 2007 9:56am Jan 25, 2007 9:56am
Hell of a wedge forming at Cpivot
  • #4,008
  • Jan 25, 2007 9:59am Jan 25, 2007 9:59am
do you guys think that GBP/USD will begin on another upward movement after the news on US housing?
  • #4,009
  • Jan 25, 2007 10:00am Jan 25, 2007 10:00am
just went long 9710 stop at 9687 target hmm lets see, at least mid 40s

modified stop to 92 actually , will be trailing it up with ema34 on 15 min chart
  • #4,010
  • Jan 25, 2007 10:01am Jan 25, 2007 10:01am
Quoting Douglas Lang
Hell of a wedge forming at Cpivot
I can see henrycarol sitting on the upper trendline...

Ascending Wedge

http://www.forexrealm.com/forex-imag...res/wedge1.gif
  • #4,011
  • Jan 25, 2007 10:02am Jan 25, 2007 10:02am
Definitely a break out will happen soon.............



























And it will be down
  • #4,012
  • Jan 25, 2007 10:05am Jan 25, 2007 10:05am
when you draw your trendlines on M15 or below, both a flag/penant and upward channel have formed over the past 5 hours or so, although price has stayed within the flag since the news. So it remains unclear to me where this thing is heading.
Consistency and patience is everything
  • #4,013
  • Jan 25, 2007 10:06am Jan 25, 2007 10:06am
do i guys feel yen will drop
or am I being a rookie
  • #4,014
  • Jan 25, 2007 10:06am Jan 25, 2007 10:06am
I hope its down if it breaks daily trend at 9695 probaly 9650 support 20 pips to get inbetween
  • #4,015
  • Jan 25, 2007 10:07am Jan 25, 2007 10:07am
following is sister, EURUSD, GBP coud not be down (a lot) until EURUSD break 1.2950...and seem to hold hard...
  • #4,016
  • Jan 25, 2007 10:08am Jan 25, 2007 10:08am
Im looking for somethiong like this to happen ) (Picture is 1h cable , on the day of interest rates rise)
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  • #4,017
  • Jan 25, 2007 10:09am Jan 25, 2007 10:09am
last message was on EUR right?
  • #4,018
  • Jan 25, 2007 10:14am Jan 25, 2007 10:14am
Relatively tame session so far in currencies. The question on most traders minds right now is, will the carry trades continue to unwind, or will the lack of any tangible, structual changes from governments cause the global investing community to continue to sell yen with possible reckless abandon. We are at a fork in the road, and as Yogi Berra, the famous basebal player once stated, "when you come to a fork in the road, take it".
  • #4,019
  • Jan 25, 2007 10:14am Jan 25, 2007 10:14am
interesting that the eur and gbp are forming opposite triangles
  • #4,020
  • Jan 25, 2007 10:16am Jan 25, 2007 10:16am
Quoting Geldmeister
when you draw your trendlines on M15 or below, both a flag/penant and upward channel have formed over the past 5 hours or so, although price has stayed within the flag since the news. So it remains unclear to me where this thing is heading.

It has, But the channel has been getting smaller
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