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Daily Cable Analysis

  • #7,221
  • Feb 27, 2007 8:46pm Feb 27, 2007 8:46pm
Quoting monarch
Actually it should be 13-15 trading days of ranging remaining.
lets see 13 days ranging, times .618=8 days retracement
  • #7,222
  • Feb 27, 2007 8:55pm Feb 27, 2007 8:55pm
Quoting 59fender
lets see 13 days ranging, times .618=8 days retracement
In that period of time how many 10 pip scalps can we get. LOL

This market is great for the scalper in me.
  • #7,223
  • Feb 27, 2007 8:56pm Feb 27, 2007 8:56pm
Hey everyone. Just got home from work and am ready to make some money! Been thinking about the market allllll day... Lets see what happens tonight. Going to review my charts. Hey Monarch!!! Where you been??
trading on demo is not trading
  • #7,224
  • Feb 27, 2007 8:57pm Feb 27, 2007 8:57pm
Quoting monarch
Actually it should be 13-15 trading days of ranging remaining.
How can you tell that there will be 13 to 15 more days of ranging? It is hardly impossible to get pips under those circumstances, just take more work. I was just wondering how you determined this?
  • #7,225
  • Feb 27, 2007 8:59pm Feb 27, 2007 8:59pm
usd/jpy and gbp/jpy is incredible. I dont know whats going on with cable. Tonight it looks like cable is going to sink ship! But I dont know. I shouldnt even be trading today or the rest of the week. I have made more than I can handle. I feel like im just going to loose it all. lol
trading on demo is not trading
  • #7,226
  • Feb 27, 2007 9:03pm Feb 27, 2007 9:03pm
Quoting moonchild
How can you tell that there will be 13 to 15 more days of ranging? It is hardly impossible to get pips under those circumstances, just take more work. I was just wondering how you determined this?
I licked my finger and stuck into the wind and came up with 13-15 days.

No serious I have a chart that I count cycles, and this range since before Dec 1st has us about 31 days into the right side of the cyce with 13-15 days to complete.

Just one more crazy way to make my head spin I guess.

As far as making pips, this has been one of the greatest times ever for me to get small gains, especially when it sits in a 30 pip range for hours.
  • #7,227
  • Feb 27, 2007 10:03pm Feb 27, 2007 10:03pm
Just not really understanding cable right now. up im up 95 pips on gbp/jpy and 44 pips on usd/jpy and cable has not done much.... Still look for the move down though like I said earlier
trading on demo is not trading
  • #7,228
  • Feb 27, 2007 10:14pm Feb 27, 2007 10:14pm
if we fail to break support then another attempt at resitance is in order the next attempt of resitance should give way there is a 62 fib at 1.9718 but first lets see if support will hold
  • #7,229
  • Feb 27, 2007 10:21pm Feb 27, 2007 10:21pm
showing signs of strength
  • #7,230
  • Feb 27, 2007 10:49pm Feb 27, 2007 10:49pm
GBP/USD pair is starting to look a little tired of fighting the LONG battle on all charts up to the 4 HR at the moment.........
Show me the PIPS!
  • #7,231
  • Feb 27, 2007 10:49pm Feb 27, 2007 10:49pm
Have a new thread and will post many charts tom to show my system. http://forexfactory.com/showthread.php?t=19491

gbp/jpy over 198 pips tonight only and still have a very long night!
trading on demo is not trading
  • #7,232
  • Feb 27, 2007 11:13pm Feb 27, 2007 11:13pm
Thank me for that move down

I called it folks...money in the bank!
trading on demo is not trading
  • #7,233
  • Feb 27, 2007 11:15pm Feb 27, 2007 11:15pm
Looks like it could bounce at 1.9570? If it goes on down a nice target at 1.9535 is looking good. Good call Enzo.
Show me the PIPS!
  • #7,234
  • Feb 27, 2007 11:23pm Feb 27, 2007 11:23pm
hi

i think the next station is 1.9685 ....
  • #7,235
  • Feb 27, 2007 11:24pm Feb 27, 2007 11:24pm
Quoting tathlynq
GBP/USD pair is starting to look a little tired of fighting the LONG battle on all charts up to the 4 HR at the moment.........
we broke support look for 1.9525
  • #7,236
  • Feb 27, 2007 11:47pm Feb 27, 2007 11:47pm
Thanks for ur system, I m doing good with ur system allready took 70 + 30 pips.................well i m seeing 9543 & if it breaks even we can see 9496...............anyone smeling same ..............well at last there came life in market..................
"Trade for sake of trading & not for winning or Lossing"
  • #7,237
  • Feb 27, 2007 11:50pm Feb 27, 2007 11:50pm
Quoting HonaForex
Thanks for ur system, I m doing good with ur system allready took 70 + 30 pips.................well i m seeing 9543 & if it breaks even we can see 9496...............anyone smeling same ..............well at last there came life in market..................


All depends on this breakout...if it's real...or not. I am hoping it is.
Show me the PIPS!
  • #7,238
  • Feb 28, 2007 12:15am Feb 28, 2007 12:15am
Guys, Just a quick question..
When im setting up a fib for today on the cable, where would I put my starting time from? Also, with the past trading history of this horrible pair over the last few weeks, do you really think it was a breakout, and will continue to short??
  • #7,239
  • Feb 28, 2007 12:43am Feb 28, 2007 12:43am
hey i went short from 9600 to 9545 got 55 pips agian wow...............well 9543 is broken so market will go up till 9594/87 than we will see wat i m saying 9496..............or it may also continue to 1.9496 bcos 1.9543 broken easily
"Trade for sake of trading & not for winning or Lossing"
  • #7,240
  • Feb 28, 2007 1:24am Feb 28, 2007 1:24am
there she is 1.9525
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