Daily Cable Analysis | Page 366 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Is it just me or is cable acting random? 49 replies

Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies

CABLE Centurion 16 replies

Cable: Measuring Fibonacci From Where ? 29 replies

Attachments: Daily Cable Analysis
Exit Attachments

Daily Cable Analysis

  • #7,301
  • Feb 28, 2007 10:22am Feb 28, 2007 10:22am
Quoting LizardGizzard
In retrospect, you are right, Monarch. I'm just looking at this one a bit more long term. Trading is about dissenting opinions, of course. I hope you all are wrong about going long!



-Liz

P.S. Think I'd reverese my opinion over 9650 and get long with you fine folks.
Well you can base your decisions on others opinions, or you can continue like you are and trade your system.

I think your right with sticking to your analysis, and bypassing others opinions.

One thing I would never do is wish everyone was wrong.

I really don't care if it is Long or Short, I make my money in short terms usually, but occasionally I will trade for a couple of hours.
  • #7,302
  • Feb 28, 2007 10:28am Feb 28, 2007 10:28am
Anyone still expecting 9700 this week ?
  • #7,303
  • Feb 28, 2007 10:37am Feb 28, 2007 10:37am
i don't know what i'm expecting anymore. i think i'll leave it alone for a bit.

Quoting kaesar
Anyone still expecting 9700 this week ?
Nihil Sine Deo.
  • #7,304
  • Feb 28, 2007 10:42am Feb 28, 2007 10:42am
Quoting Scrat
i don't know what i'm expecting anymore. i think i'll leave it alone for a bit.

I know what you mean.. The hand that giveth, taketh away just as quick!!!
  • #7,305
  • Feb 28, 2007 10:47am Feb 28, 2007 10:47am
Quoting kaesar
Anyone still expecting 9700 this week ?
It's possible...
To be honest I'll keep from commenting on this pair for today, for right now I'll just watch and LEARN lol
  • #7,306
  • Feb 28, 2007 10:48am Feb 28, 2007 10:48am
I cant beleive this pair! What the heck is going on with it. Im kind of happy though because I would of never been able to trade the other pair im trading and making a killing with them.

It seems that cable and usd/cad are doing the same thing.

I expect 9400...
trading on demo is not trading
  • #7,307
  • Feb 28, 2007 10:56am Feb 28, 2007 10:56am
Hey Enzo.. its been fun..

Ive been trying to make sense of it.. but also trying out your system.

I dont think ive got it right just yet, but maybe some tweaking.. im using the 1hr and the 15min.

how they performing for you today??
  • #7,308
  • Feb 28, 2007 10:58am Feb 28, 2007 10:58am
Its doing great for me on gbp/jpy. made about 130 pips scalping
trading on demo is not trading
  • #7,309
  • Feb 28, 2007 11:04am Feb 28, 2007 11:04am
if it breaks above 1.9672, i think it might reach 1.9732; if not, it may continue going down towards 1.9429.
does this make any sense?
Nihil Sine Deo.
  • #7,310
  • Feb 28, 2007 11:09am Feb 28, 2007 11:09am
I think if it breaks 9650 it's gonna head up, if it breaks 9496 then i think i'll stop forex trading ...
  • #7,311
  • Feb 28, 2007 11:36am Feb 28, 2007 11:36am
Hey Enzo, could you point me to your system trading.

Or if anyone know where it is. I would like to take a look at it.

thanks in advance

Quoting enzo2325
Its doing great for me on gbp/jpy. made about 130 pips scalping
  • #7,312
  • Feb 28, 2007 11:39am Feb 28, 2007 11:39am
If you look at the Doji candle formed on 13th of Feb, you will notice it was followed by a strong bull candle, and the pattern repeats as of 19th and 22nd February, and lastly today. This may strongly suggest that we may see a a bullish candle as well. What supports this theory is the strong support line as shown in the chart
Attached Image
  • #7,313
  • Feb 28, 2007 11:44am Feb 28, 2007 11:44am
Thanks for this refreshing chart
  • #7,314
  • Feb 28, 2007 11:46am Feb 28, 2007 11:46am
Quoting forexenator
If you look at the Doji candle formed on 13th of Feb, you will notice it was followed by a strong bull candle, and the pattern repeats as of 19th and 22nd February, and lastly today. This may strongly suggest that we may see a a bullish candle as well. What supports this theory is the strong support line as shown in the chart
Wow, what a cool chart, the oversize graphics make it easy to read - beats my charts any day
All hard work brings a profit, but mere talk leads only to poverty.
  • #7,315
  • Feb 28, 2007 11:52am Feb 28, 2007 11:52am
i give up...

Quoting forexenator
If you look at the Doji candle formed on 13th of Feb, you will notice it was followed by a strong bull candle, and the pattern repeats as of 19th and 22nd February, and lastly today. This may strongly suggest that we may see a a bullish candle as well. What supports this theory is the strong support line as shown in the chart
Nihil Sine Deo.
  • #7,316
  • Feb 28, 2007 11:59am Feb 28, 2007 11:59am
Quoting monarch
Looking at the Monthly "Bar"

What would be your reading on this formation?

Three Bars - long wicks up and down - Doji Candle is in the Middle.

Monthly open and closing prices:

1.9579 - 1.9615 (the two previous bar open and close prices)

1.9633 was the opening price for this Month.


Thanks everyone, I am going to the Gym, be back in a couple of hours to see your response.

Ken
Well in the Stock Market youŽd call this distribution as the big players slowly sell their long positions and start getting short, whilst keeping the price as high as possible - I dont know if the same thing happens in Forex.

Candle-wise I can see two "almost" dojis on either side with an evening star doji in the middle - so a Tri Star Doji - which is bit like finding a palm tree at the north pole -very rare!....and rather bearish.
Trading Levels with WRBs
  • #7,317
  • Feb 28, 2007 12:00pm Feb 28, 2007 12:00pm
Quoting kaesar
Thanks for this refreshing chart
Welcome. I just hope it will make the big move tomorrow, or else we will be stuck in another waiting day.
  • #7,318
  • Feb 28, 2007 12:05pm Feb 28, 2007 12:05pm
  •  Trader#0000
  • | Status: Unregistered Trader
This is how I see the daily now....Trend on daily might be down Early to say forsure where its going not easy to trade off daily now
Attached Image
  • #7,319
  • Feb 28, 2007 12:18pm Feb 28, 2007 12:18pm
  •  Trader#0000
  • | Status: Unregistered Trader
Here is 4h Rather conflicting with daily chart..trickey now
Attached Image
  • #7,320
  • Edited 1:09pm Feb 28, 2007 12:45pm | Edited 1:09pm
FAILURES ARE BEST TEACHER OF HUMANITY ,THEREFORE FEAR NOT Says VEDAS......................................Before I posted my veiws & how will i trade, well yet i have not found holy gril but i m near to it.............i will happy to see comment from bears & bulls

Yap U r right according to me bcos correction of journey from 9425 is yet to be complete to round about 9425/96...............so right now we r in subwave 5 of wave 2 which will complete at 1.9676 & creates double top & brings cable to 9496

Fresh wave started at 9399............

Wave 1 - 9399 to 9678 - 276 pips

Wave 2 - 9678 to 9425 - 253 pips

SubWave 3 - In process............9425 - 9678 = 253

SunWave (1) 9425 to 9586 completed 161 pips

SubWave (2) 9586 to 9460 compelted

SubWave( 3) 9460 to 9670 completed(3 wave ) 210 pips

Subwave (4) 9670 to 9517 compelted

SubWave (5) in process-9517 +160 =9677

*Wave 4 9678 -253 = 9425 where we started before............
but i believe wave 4 to complete at 1.9496...................

As highest is 9677 & also ends subwave 5 so there will double top & brings market down to 1.9496 or 9425 to complete the retracement from 9425
"Trade for sake of trading & not for winning or Lossing"
3 traders viewing now