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Daily Cable Analysis

  • #7,381
  • Feb 28, 2007 8:10pm Feb 28, 2007 8:10pm
Monarch mentioned 3 hours ago his mt4 being down. I am not a user so don't know what the story is.
  • #7,382
  • Feb 28, 2007 8:38pm Feb 28, 2007 8:38pm
[quote=tathlynq;231214]Mine was fine . It could depend on your feed. I use MIG and mine has been A-OK.[/quote

ok thankie, MIG ? i am looking F-16 , mayday maayday
I Deeply Love My Virtual Life In Virtual World , RLC
  • #7,383
  • Feb 28, 2007 10:13pm Feb 28, 2007 10:13pm
Another month has passed in 2007. As Monarch said earlier, we have 3 doji/near-doji monthly candles at the top. For me, it's still a sign of big trend reversal coming. We'll see again this month. Just my opinion.
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Tra-X
  • #7,384
  • Mar 1, 2007 12:35am Mar 1, 2007 12:35am
i just don't see that trend reversal yet.
when i'm looking at daily chart i see a rather bearish setup (more like the beginning of a bearish trend), but right now it seems like we're in a range. when i'm looking at weekly chart, i see bullish (although ranging, but still on the bullish part).
ok, and now the monthly chart: still bullish (maybe heading into a range).
yes, a trend reversal could be possible, but at this point i don't think we have enough signals to conclude that. it only looks like the trend took a break.
we'll see.

Quoting Traex
Another month has passed in 2007. As Monarch said earlier, we have 3 doji/near-doji monthly candles at the top. For me, it's still a sign of big trend reversal coming. We'll see again this month. Just my opinion.
Nihil Sine Deo.
  • #7,385
  • Mar 1, 2007 12:43am Mar 1, 2007 12:43am
Range, yes, movement no.
All hard work brings a profit, but mere talk leads only to poverty.
  • #7,386
  • Mar 1, 2007 1:03am Mar 1, 2007 1:03am
Good Day

Could anyone tell me .... the cable destination
  • #7,387
  • Mar 1, 2007 1:05am Mar 1, 2007 1:05am
Quoting deboooo2005
Good Day

Could anyone tell me .... the cable destination

It's ranging.
Show me the PIPS!
  • #7,388
  • Mar 1, 2007 1:07am Mar 1, 2007 1:07am
Quoting tathlynq
It's ranging.

Even though I am having flashbacks from yesterday.........
Show me the PIPS!
  • #7,389
  • Mar 1, 2007 1:09am Mar 1, 2007 1:09am
Quoting tathlynq
It's ranging.

between 1.9525 & 1.9685
  • #7,390
  • Mar 1, 2007 1:17am Mar 1, 2007 1:17am
Quoting Scrat
i just don't see that trend reversal yet.
when i'm looking at daily chart i see a rather bearish setup (more like the beginning of a bearish trend), but right now it seems like we're in a range. when i'm looking at weekly chart, i see bullish (although ranging, but still on the bullish part).
ok, and now the monthly chart: still bullish (maybe heading into a range).
yes, a trend reversal could be possible, but at this point i don't think we have enough signals to conclude that. it only looks like the trend took a break.
we'll see.
We are still yet to see a full bear candle in monthly this month to strengthen the reversal sign. Yes, trend-wise, everything above daily is still uptrend of course. Well, good luck to everyone in March.
Tra-X
  • #7,391
  • Mar 1, 2007 1:19am Mar 1, 2007 1:19am
Quoting Traex
We are still yet to see a full bear candle in monthly this month to strengthen the reversal sign. Yes, trend-wise, everything above daily is still uptrend of course. Well, good luck to everyone in March.
March should be a good month to get out of this range, what time frame do you watch the most on your EW?

Thanks,

Ken
  • #7,392
  • Mar 1, 2007 1:38am Mar 1, 2007 1:38am
The price just came down to 1.9567 to test the price before all the news this morning.

I am watching the Hourly to see if this will continue short, or if it will be a bull candle upwards.

Frankfurt Low 1.9567 so far, 20 minutes to go.
  • #7,393
  • Mar 1, 2007 1:42am Mar 1, 2007 1:42am
Any MT4 users got problems? - my feedīs frozen up
Trading Levels with WRBs
  • #7,394
  • Mar 1, 2007 1:46am Mar 1, 2007 1:46am
Quoting Islander
Any MT4 users got problems? - my feedīs frozen up
mine was frozen earlier today, but all is fine now. You turn it off? Or you may want to re-boot your computer to see if that helps any.
  • #7,395
  • Mar 1, 2007 1:48am Mar 1, 2007 1:48am
Quoting monarch
The price just came down to 1.9567 to test the price before all the news this morning.

I am watching the Hourly to see if this will continue short, or if it will be a bull candle upwards.

Frankfurt Low 1.9567 so far, 20 minutes to go.

Wonder if it will be a bull candle for the first set of announcements today?:

3:55am EURGerman Manufacturing PMI http://www.forexfactory.com/images/m...act_medium.gif
58.6 58.5
4:00am EURManufacturing PMI http://www.forexfactory.com/images/m...impact_low.gif
55.7 55.5
4:30am GBPManufacturing PMI http://www.forexfactory.com/images/m...act_medium.gif
53.0 52.8
All hard work brings a profit, but mere talk leads only to poverty.
  • #7,396
  • Mar 1, 2007 1:59am Mar 1, 2007 1:59am
Quoting monarch
mine was frozen earlier today, but all is fine now. You turn it off? Or you may want to re-boot your computer to see if that helps any.
Thanks...Iīve tried that.

Seems to be a broker problem - UGM frozen, Interbank OK.

BTW, what was the answer to your Post 7300 on P487.....my reply was 7316 on P488....interested to hear.

Thanks

Jono
Trading Levels with WRBs
  • #7,397
  • Mar 1, 2007 2:05am Mar 1, 2007 2:05am
Price went down to 1.9567 then back up to the 1.9609/19 area for news consolidation. This area 09/19 is the median of the channel set today.

No position here, waiting for news to come out.

Choppy up and down here while the Cable waits for it also.
  • #7,398
  • Mar 1, 2007 2:11am Mar 1, 2007 2:11am
Quoting Islander
Thanks...Iīve tried that.

Seems to be a broker problem - UGM frozen, Interbank OK.

BTW, what was the answer to your Post 7300 on P487.....my reply was 7316 on P488....interested to hear.

Thanks

Jono
Thanks for the anwers to my questions.

Hope you get your mt4 up, if not go to oanda for free charts to get you by if need be.
  • #7,399
  • Mar 1, 2007 2:18am Mar 1, 2007 2:18am
Quoting monarch
March should be a good month to get out of this range, what time frame do you watch the most on your EW?

Thanks,

Ken
I trade using m30 or h1 wave count charts currently. But I also follow larger tf count because waves in larger tf have high influence over smaller tf.
I'll update again once there's clearer wave pattern in m30. Still abit confusing as of now.
Thanks for keeping us updated, Monarch. Good intraday analysis there.
Tra-X
  • #7,400
  • Mar 1, 2007 2:28am Mar 1, 2007 2:28am
Quoting monarch
Thanks for the anwers to my questions.

Hope you get your mt4 up, if not go to oanda for free charts to get you by if need be.
Thanks...got 3 brokers and 3 platforms, but on new īputer, so wasnt totally configured, so lost time and missed the drop - then the bounce. Its a holiday here, makes me think about taking the day off....lol whatīs that!
Trading Levels with WRBs
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