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Daily Cable Analysis

  • #4,241
  • Jan 26, 2007 3:53am Jan 26, 2007 3:53am
great week great thread. thanks guys
  • #4,242
  • Jan 26, 2007 3:59am Jan 26, 2007 3:59am
Quoting monarch
Probably the reason most numbers stick out like this one - is because I remember it very much. We have seen it on everytime frame since November 30th. Just because some web site, or a chart doesn't say something, that does not mean there is not something there.

This is why I analyze the Cable only. I don't even look at another currency, I really don't care if the EUR is doing something else, I learn all I can by sitting in front of the Cable Charts for over 10 hours a day at the least.

Sleep usually consist of 4 hours a night during the market time, I only sleep in on Saturday for 9 hours.

Learn every move, remember every point, get a feel for the characteristics of this thing, then when your ready to enter a position you can succeed.
Well said Monarch - no substitute for the hours put in.

I always like to read and reflect on a couple of excerpts every day, I will not post another today but this one is very powerful for me in many ways. From the tao te ching......

Fill your bowl to the brim
and it will spill.
Keep sharpening your knife
and it will blunt.
Chase after money and security
and your heart will never unclench.
Care about people's approval
and you will be their prisoner.

Do your work, then step back.
The only path to serenity.






If you realize that all things change,
there is nothing you will try to hold on to.
If you aren't afraid of dying,
there is nothing you can't achieve.

Trying to control the future
is like trying to take the master carpenter's place.
When you handle the master carpenter's tools,
chances are that you'll cut your hand.
Man who scratches ass should not bite fingernails
  • #4,243
  • Jan 26, 2007 4:03am Jan 26, 2007 4:03am
Quote
Posts: 888
Nice digit Leugimp

p/s: LOL! It happened that before I made this post my post total was 88. LOL! Did we planned anything? Hehe!
I am just here to talk nonsense =D
  • #4,244
  • Jan 26, 2007 4:03am Jan 26, 2007 4:03am
i think you stop becoming a newbie when you can be profitable for a sustained period of time.
  • #4,245
  • Jan 26, 2007 4:04am Jan 26, 2007 4:04am
the two headed dragon wants to reverse
  • #4,246
  • Jan 26, 2007 4:15am Jan 26, 2007 4:15am
the roof is on fire
  • #4,247
  • Jan 26, 2007 4:20am Jan 26, 2007 4:20am
There're rumors of an unbelievably USD-positive Durable Goods, 7% against 3.2% consensus and 1.6% prior - www.briefing.com

News package may end with good new home sales...
  • #4,248
  • Jan 26, 2007 4:24am Jan 26, 2007 4:24am
Does anyone see the bullish divergence in 1 hour chart?
  • #4,249
  • Jan 26, 2007 4:28am Jan 26, 2007 4:28am
unbelievable, exzactly
  • #4,250
  • Jan 26, 2007 4:29am Jan 26, 2007 4:29am
Quoting cesarnc
There're rumors of an unbelievably USD-positive Durable Goods, 7% against 3.2% consensus and 1.6% prior - www.briefing.com

News package may end with good new home sales...

remember the adage, buy the rumor sell the news -
Man who scratches ass should not bite fingernails
  • #4,251
  • Jan 26, 2007 4:34am Jan 26, 2007 4:34am
Quoting Leugimp
remember the adage, buy the rumor sell the news -
i'm buying the pound
  • #4,252
  • Jan 26, 2007 4:34am Jan 26, 2007 4:34am
Quoting 59fender
unbelievable, exzactly
Well, last Philli-FED's rumor on 8 was labeled "stupid", came out 8.3.
  • #4,253
  • Edited 3:37pm Jan 26, 2007 4:36am | Edited 3:37pm
Quoting ceco1973
its still early to buy, and early to sell

{link deleted, see rule #3}
Are you trying to recommend your signal/product/website?
Tra-X
  • #4,254
  • Jan 26, 2007 4:41am Jan 26, 2007 4:41am
Quoting cesarnc
Well, last Philli-FED's rumor on 8 was labeled "stupid", came out 8.3.
I'm not labeling anything "stupid". I'm just saying this rumor didn't arise today, and there may have been selling prior to today because of it.
Man who scratches ass should not bite fingernails
  • #4,255
  • Jan 26, 2007 4:44am Jan 26, 2007 4:44am
Quoting Leugimp
I'm not labeling anything "stupid". I'm just saying this rumor didn't arise today, and there may have been selling prior to today because of it.

People can be selling the rumor now as well as we speak
Man who scratches ass should not bite fingernails
  • #4,256
  • Jan 26, 2007 4:46am Jan 26, 2007 4:46am
Cable testing 1.9610 support......


GBP/JPY trying to go down below 238
  • #4,257
  • Jan 26, 2007 4:46am Jan 26, 2007 4:46am
Quoting Leugimp
I'm not labeling anything "stupid". I'm just saying this rumor didn't arise today, and there may have been selling prior to today because of it.
And I DIDN'T mean YOU'VE labeled something stupid. It was labeled as such from other sources.

And I'm not saying "sell, sell, sell". I avoided giving my personal opinion on this as I'm not giving it now.

I meant to share the info only, but if it is across the board and already priced in, market will show.
  • #4,258
  • Jan 26, 2007 4:51am Jan 26, 2007 4:51am
Quoting cesarnc
And I DIDN'T mean YOU'VE labeled something stupid. It was labeled as such from other sources.

And I'm not saying "sell, sell, sell". I avoided giving my personal opinion on this as I'm not giving it now.

I meant to share the info only, but if it is across the board and already priced in, market will show.
Damn C, did I come across as ME ME ME.... Sorry buddy, i thought you were referring to my earlier comment..
Man who scratches ass should not bite fingernails
  • #4,259
  • Jan 26, 2007 4:57am Jan 26, 2007 4:57am
monarch said the battle ground would be at 9606, looks like he was correct, but it toook it's time getting here!!!!! now, who will win??? are we going to wait for the durable goods numbers or do they care???
leugi, cesar, what you think??
  • #4,260
  • Jan 26, 2007 4:58am Jan 26, 2007 4:58am
Quoting Leugimp
Sorry buddy, i thought you were referring to my earlier comment..
No way...

I just brought it up (on today's durable forecast) because the same happened with Philli - not here in the thread. Even my news feed here was sarcastic about it, which is not comon...
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