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Daily Cable Analysis

  • #5,561
  • Feb 5, 2007 11:00am Feb 5, 2007 11:00am
Quoting NZR
All though i am new member but i think your analysis should be more used as a direction based rather then taken for grant for specific entry or exit points. I been visitng this treat and studying it after i decided to become memebr. Great analysis keep it up.
NZR,

If you refer to me, please see my posts last year, particularly over the Christmas holidays. I have a history of calling entries and exits quite well on cable trades. A number of traders have followed and profited. Today was not so good. But this was my first week back because I'm primarily a successful newstrader. News is slow this week so I thought I'd stop in. However, you can bet your bottom dollar I will continue calling specific entries and exits.

Thanks for your comments.
  • #5,562
  • Feb 5, 2007 11:02am Feb 5, 2007 11:02am
Thanks money. stick to yer guns!
  • #5,563
  • Feb 5, 2007 11:14am Feb 5, 2007 11:14am
A pretty good day today; downtrend is finally resuming as impulsive wave 3 or C in my count, at least until now. Soon there might be another downspike to complete subwave 1 if it hasn't already ended earlier. Looking forward for further action tomorrow.

PS Thanks Henry for the cable selling today.
Tra-X
  • #5,564
  • Feb 5, 2007 11:24am Feb 5, 2007 11:24am
Quoting mcmep11
Thanks money. stick to yer guns!
Yes some of us look forward to your analysis and entry figures to strengthen our own analysis.

Keep it up.

  • #5,565
  • Feb 5, 2007 11:25am Feb 5, 2007 11:25am
Quoting Traex
A pretty good day today; downtrend is finally resuming as impulsive wave 3 or C in my count, at least until now. Soon there might be another downspike to complete subwave 1 if it hasn't already ended earlier. Looking forward for further action tomorrow.

PS Thanks Henry for the cable selling today.
You also still trying to fit this one onto cable? I'm still short, too...
The fact that the a down went to roughly the Wave 4 low was a good sign I guess, what I'm not so sure about is whether that b is already firmly in place or not....well, we'll only get confirmation if we move below a, won't we

Keep in mind that at the completion of the c and a setup for a reversal there's a high likelyhood that we could get a great long opportunity.
Attached Image
Trust price. Know yourself.
  • #5,566
  • Feb 5, 2007 12:06pm Feb 5, 2007 12:06pm
1 pip makes the 5M look like a breakout...
I hate Mondays...
  • #5,567
  • Feb 5, 2007 12:10pm Feb 5, 2007 12:10pm
  • #5,568
  • Feb 5, 2007 7:12pm Feb 5, 2007 7:12pm
Good evening all! I'm just checking out the charts and it appears that we're in an upward rectangular channel and with GBP news tonight we may be heading back up to the top of the channel. I took a long position and we'll see if she's able to head back up. Also, today's low was a higher low since the 31st's low which is a good sign. FWIW, any thoughts?
Attached Image
If you can't produce some results and make some serious PIPS, YOU'RE FIRED!
  • #5,569
  • Feb 5, 2007 9:03pm Feb 5, 2007 9:03pm
Quoting SeekingLight
You also still trying to fit this one onto cable? I'm still short, too...
The fact that the a down went to roughly the Wave 4 low was a good sign I guess, what I'm not so sure about is whether that b is already firmly in place or not....well, we'll only get confirmation if we move below a, won't we

Keep in mind that at the completion of the c and a setup for a reversal there's a high likelyhood that we could get a great long opportunity.
Yeah I agree, currently wave 3 or C isn't really clear yet. (And usually once a wave gets clear it's already or nearly over. My wave 1 or A end was not at extreme low 1.9480, but at the end of a 5-wave sequence at 1.9556. 1.9480 was the bottom of subwave B of wave 2 or B here (irregular flat complex). So let's see where it'll go from now. Currently @1.9613.
Tra-X
  • #5,570
  • Feb 6, 2007 12:35am Feb 6, 2007 12:35am
Anyone home? Wakey Wakey!
If you can't produce some results and make some serious PIPS, YOU'RE FIRED!
  • #5,571
  • Feb 6, 2007 12:40am Feb 6, 2007 12:40am
Yep, I'm home. Just getting ready for work and seeing what's going on. Looks like there's finally some movement going on. We'll see................
  • #5,572
  • Feb 6, 2007 12:42am Feb 6, 2007 12:42am
Quoting Qwiktrader
Good evening all! I'm just checking out the charts and it appears that we're in an upward rectangular channel and with GBP news tonight we may be heading back up to the top of the channel. I took a long position and we'll see if she's able to head back up. Also, today's low was a higher low since the 31st's low which is a good sign. FWIW, any thoughts?
daily candle gu down
Forex Trading ---> https://t.me/fxdarius
  • #5,573
  • Feb 6, 2007 1:00am Feb 6, 2007 1:00am
Quoting monarch
Scalping the Frankfurt - London Open - +10/15 pips daily goal.
im wait good time buy after down
Forex Trading ---> https://t.me/fxdarius
  • #5,574
  • Feb 6, 2007 1:11am Feb 6, 2007 1:11am
Frankfurt starts with a long candle, yeah!
  • #5,575
  • Feb 6, 2007 1:50am Feb 6, 2007 1:50am
If london open above 1.9618/20 we might be seeing a movement up, Else. it will probably goes down...just my 2 pips though... Good Luck~!
I am just here to talk nonsense =D
  • #5,576
  • Feb 6, 2007 1:54am Feb 6, 2007 1:54am
for those who want fast pips, you can try to short for 10-15 pips now..
I am just here to talk nonsense =D
  • #5,577
  • Feb 6, 2007 2:07am Feb 6, 2007 2:07am
Quoting monarch
Glad I didn't short there!
LOL! Yeah, I closed my short and went long after price open above 1.9620... hehehe...Luckily, I did say, the price might go up if it open above 1.9618/20,,,So, don't blame me
I am just here to talk nonsense =D
  • #5,578
  • Feb 6, 2007 2:10am Feb 6, 2007 2:10am
Quoting monarch
Looking for a retrace to 1.9607/09 for London Open.

Monarch

From your experience does London mirror the Frankfurt direction ? I just made 19 pips
mama
  • #5,579
  • Feb 6, 2007 2:11am Feb 6, 2007 2:11am
I shorted at 1.9630 again

Wish me luck
  • #5,580
  • Feb 6, 2007 2:15am Feb 6, 2007 2:15am
Quoting henrycarol
I shorted at 1.9630 again

Wish me luck
Well, on my daily chart, it shows there is a possibility of movement down, despite the sudden spike up, I am still not very sure though, but I still have a strong feeling about the market going down to 1.9585 and then 1.9535....
I am just here to talk nonsense =D
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