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Daily Cable Analysis

  • #5,321
  • Feb 2, 2007 5:05am Feb 2, 2007 5:05am
With regard to previous threads on this subject......does anyone know where you can get a good ( ideally standalone) Leverage calculator that is accurate?

Thanks
  • #5,322
  • Feb 2, 2007 5:09am Feb 2, 2007 5:09am
i have software that helps with MM. give me your mail (private msg) and i'll send it to U (sorry - offtopic)
  • #5,323
  • Feb 2, 2007 5:31am Feb 2, 2007 5:31am
just wanna share this with you...

"A different approach to the pound"

....
Attached File(s)
File Type: pdf Currency Trader - Daytrading The Forex Market.pdf   597 KB | 755 downloads
  • #5,324
  • Feb 2, 2007 5:43am Feb 2, 2007 5:43am

Quoting de123
its going north,...see the nonsense analises...lol...




really helping here..........lol
"Analysis Is Hard But Trade Is Easy"
  • #5,325
  • Feb 2, 2007 5:47am Feb 2, 2007 5:47am
I vote g/u down
  • #5,326
  • Feb 2, 2007 5:53am Feb 2, 2007 5:53am
Quoting henrycarol
I vote g/u down
This ± 9687 looks like a good place to short, leaving SL above 9705.... interesting...
  • #5,327
  • Feb 2, 2007 5:54am Feb 2, 2007 5:54am
Quoting cannarek
hello traders,

and i think that cable is going down. the max high is in my opinion 770 level and tp for the ride down 515 level (up trend line) then 360 and finally 200 where i think the end of ride can happen

as usual - time will show, unless somebody knows Gann's work (i don't)

ps.is there anybody who trades according to Gann's theory (at any point of view)? i'm interested in his/her opinion. i would be very happy to talk with somebody as well fascinated with Gann's work as i am.
Gann is very personal to many people as not much of value is really written on it, at least in one definitive work- you will be hard pressed to find anything eyeopening as far as Gann is concerned unless you do your own research.
Other than that, if you want to spend the money, I hear connie browns gann studies are pretty thurough. Will cost you $30,000 though.
Man who scratches ass should not bite fingernails
  • #5,328
  • Feb 2, 2007 5:56am Feb 2, 2007 5:56am
The revision should really drive dollar down across the board - Just an opinion

Then again, my track record on fridays is less than stellar so I will just take it easy.
Man who scratches ass should not bite fingernails
  • #5,329
  • Feb 2, 2007 6:00am Feb 2, 2007 6:00am
Quoting cesarnc
This ± 9687 looks like a good place to short, leaving SL above 9705.... interesting...
in a minute 4 hr chart will close and created a bullish engulfing candle
  • #5,330
  • Feb 2, 2007 6:02am Feb 2, 2007 6:02am
Since the high in 9900. We have tested 9730 twice if we break I will go long! What do you think Leugimp and Cesarnc?
  • #5,331
  • Feb 2, 2007 6:20am Feb 2, 2007 6:20am
George Soros said g/u down again cause he is going to short 10000000000000000000000000000000000000lots later.

Check out the video

http://video.google.com/videoplay?do...20548187842685
  • #5,332
  • Feb 2, 2007 6:22am Feb 2, 2007 6:22am
Analysts' comments :
---------------------
Tony Juste, FX Advisor at FXstreet.com:
"We do favour the data to be USD supportive, as there is so far only one part who can be entering into dangerous territory, the manufacturing sector. The other parts of the economy still look robust and that should be shown by good employment data." - FXstreet.com

Daragh Maher, senior forex strategist at Calyon:
"The market is poised for a good (payrolls) number." - AFX News

Danika Hampton, currency strategist at Bank of New Zealand:
"The market is just a bit weary chasing the US dollar lower ahead of non-farm payrolls. If payrolls comes out on the soft side then we will get a follow through for both data, but if comes out on the strong side, the market will be content to ignore the ISM data we had last night." - AAP
...
  • #5,333
  • Feb 2, 2007 6:34am Feb 2, 2007 6:34am
Quoting dswk
... If payrolls comes out on the soft side then we will get a follow through for both data, but if comes out on the strong side, the market will be content to ignore the ISM data we had last night." - AAP
...
If my grandmother had balls, she would be my grandfather.

The market is correct in its assessment of US dollar in relation to GBP. I have some faith left in last months ADP numbers that take certain adjustments into account. The ADP numbers are supposed to reflect not the initial data for NFP that comes out, but the revised data if it exists. Then again, ADP numbers came out strong this month so who the hell knows how the market would interpret a revision down. A big revision down with a strong number this month may influence GBP to the upside, but then again the market may deduce, well ADP came out strong this month so "SELL,SELL,SELL". WHo knows - my prediction, no real direction that we were looking for in this week, just an extremely volatile day to cap off an extremely volatile week.

Leaning a little bit to the upside though to be honest.
Man who scratches ass should not bite fingernails
  • #5,334
  • Feb 2, 2007 6:38am Feb 2, 2007 6:38am
Quoting pipmy4x
Since the high in 9900. We have tested 9730 twice if we break I will go long! What do you think Leugimp and Cesarnc?
This is my gut feeling

Expectations are for good NFP and price will fall. This is 1st 5 min.

However, GBP and EUR prices are ranging at slightly high levels so there are great chances that Price won't break 9600s...

This is my strategy.

As USD-positive news have had short lifetime during January AND we are in an overall uptrend, IŽll not place a short position prior to the news... I'll jump in on confirmed retracement (after 23% + volume slowing down), in case NFP comes out good as expected and there's a good chance to see a big fat retracement afterwards....

This is based on last observations on market behavior only... In fact I will trade what I see at the moment... Or won't trade at all in case of confusing and quick turnarounds.

If, for some reason, NFP is disappointing (briefing.com's expectation), than we will say hello to Mr. 9777 and there will be little or no retracement...

So what I've done so far is wake up at 5am (Brazil), got my daily target by London open and will trade NFP on sure-fire only.... If I miss the pips, no problem...
  • #5,335
  • Feb 2, 2007 6:40am Feb 2, 2007 6:40am
Quoting Leugimp
Gann is very personal to many people as not much of value is really written on it, at least in one definitive work- you will be hard pressed to find anything eyeopening as far as Gann is concerned unless you do your own research.
Other than that, if you want to spend the money, I hear connie browns gann studies are pretty thurough. Will cost you $30,000 though.
I do agree. it's personal way of trading. I was just asking is there anybody who wants to talk about his/her point of view as far as Gann is concerned I would like to find a trader who just wants to talk about Gann's word. I have already tested hundrets of my ideas about finding points where time meets price... I will continue my work although I still dont use Gann on my real account.

ps.just wondering if W.D.Gann wanted to talk with newbie like me...
  • #5,336
  • Feb 2, 2007 6:40am Feb 2, 2007 6:40am
Quoting pipmy4x
Since the high in 9900. We have tested 9730 twice if we break I will go long! What do you think Leugimp and Cesarnc?
I suck on these days, but one thing I never do anymore on crazy potentially volatile days like this is buy or sell on breaks as the initial reaction may be very highly inflated - I personnaly would rather wait for things to settle down a bit and then wait for a pullback. 9730 is one tick away for NFP - do you really want to get your entry in on the news spike?

Just an opinion
Man who scratches ass should not bite fingernails
  • #5,337
  • Feb 2, 2007 6:44am Feb 2, 2007 6:44am
Thx both of you I'm New to the 4x! so thx for your opinions! I have been told to stay out on nfp days!
  • #5,338
  • Feb 2, 2007 6:54am Feb 2, 2007 6:54am
Quoting pipmy4x
Thx both of you I'm New to the 4x! so thx for your opinions! I have been told to stay out on nfp days!
I'm also new here and one of the best word I was given in this Forum was "there are other ways to profit here, we do not depend on NFP".

So getting in when dust settles, like said Leugimp is a good way, for retracements on big moves are also big enough for our targets here... We WANT, but we don't really NEED to make 80 pips in 10 sec. We can make 30 pips in the following 30 min
  • #5,339
  • Feb 2, 2007 6:59am Feb 2, 2007 6:59am
Speaking of Gann - my Gann studies are showing a strong resistance @, you guessed it, henry carols favorit multiple, 9777. I expect him to be selling heavy there so if we reach it, everybody dont be afraid just jump on his back - he is usually good for 20-30 pips.
Man who scratches ass should not bite fingernails
  • #5,340
  • Feb 2, 2007 7:04am Feb 2, 2007 7:04am
Quoting Leugimp
Speaking of Gann - my Gann studies are showing a strong resistance @, you guessed it, henry carols favorit multiple, 9777. I expect him to be selling heavy there so if we reach it, everybody dont be afraid just jump on his back - he is usually good for 20-30 pips.
Wasn't enough the NFP tornado, we still have to deal with henrycarol shorting the living hell out of this baby....

Well, I think NYers will throw us a bone here in the next 20-30 minutes...
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