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Daily Cable Analysis

  • #7,541
  • Mar 4, 2007 7:59pm Mar 4, 2007 7:59pm
1.926x has been tested 3 times already .. and replused upward - strong support.
  • #7,542
  • Mar 4, 2007 8:25pm Mar 4, 2007 8:25pm
It looks market will bearish still Frankfurt opening & I m taking profit at at 9320 & come out of market ,My stop loss is 9255................wats ur plan guys who r long
"Trade for sake of trading & not for winning or Lossing"
  • #7,543
  • Mar 4, 2007 8:29pm Mar 4, 2007 8:29pm
I think long term it more than likely down, so I am also taking profit around that area, but I think a decent retrace is coming, although it may not arrive till London open.
  • #7,544
  • Mar 4, 2007 8:32pm Mar 4, 2007 8:32pm
I find this funny.

EUR/USD and GBP/USD moved considerably while most Americans and Europeans are sleeping !

That means the market is being moved by speculators, no hedger is present.

We should be careful with this.
  • #7,545
  • Mar 4, 2007 8:38pm Mar 4, 2007 8:38pm
Quoting luqmanz
I find this funny.

EUR/USD and GBP/USD moved considerably while most Americans and Europeans are sleeping !

That means the market is being moved by speculators, no hedger is present.

We should be careful with this.
same here luqmanz i think i'll stay away till NFP...

i woke up quite late today 10am GMT +8...and i switch on my monitor...wow..200 pips movement already.. i was like...speculators?

maybe...and its a one shot movement..(see smaller TF)
  • #7,546
  • Mar 4, 2007 8:41pm Mar 4, 2007 8:41pm
I am not entering a position yet. IF you look closely its on the 5 month range line. If it breaks that. I would expect it to break 1.9000. But the likely hood for now is small. See what london fix brings before considering a position.
  • #7,547
  • Mar 4, 2007 8:42pm Mar 4, 2007 8:42pm
Quoting luqmanz
I find this funny.

EUR/USD and GBP/USD moved considerably while most Americans and Europeans are sleeping !

That means the market is being moved by speculators, no hedger is present.

We should be careful with this.
Market is runned by speculators & that proves right.................nothing new in this man...............
"Trade for sake of trading & not for winning or Lossing"
  • #7,548
  • Mar 4, 2007 9:01pm Mar 4, 2007 9:01pm
Quoting HonaForex
Hallo wats next for for cable ...................
Taking Profit.!
  • #7,549
  • Mar 4, 2007 9:06pm Mar 4, 2007 9:06pm
Placed long at 9267, SL 9255, TP before US opens.
  • #7,550
  • Mar 4, 2007 9:08pm Mar 4, 2007 9:08pm
Quote
Placed long at 9267, SL 9255, TP before US opens.

If it makes it that far...
  • #7,551
  • Mar 4, 2007 9:09pm Mar 4, 2007 9:09pm
hegders could be invovled, if u take asian markets into account. China has some large funds.
i'm not sure though.
  • #7,552
  • Mar 4, 2007 9:09pm Mar 4, 2007 9:09pm
Or maybe TP @ 1.9367
  • #7,553
  • Mar 4, 2007 9:09pm Mar 4, 2007 9:09pm
Quoting Bemac
Taking Profit.!

HEY U MEAN TO COME OUT OF SHORT POSITION OR LONG PSOITION..........PLS BE CLEAR............THANKS IN ADVANCE
"Trade for sake of trading & not for winning or Lossing"
  • #7,554
  • Mar 4, 2007 9:15pm Mar 4, 2007 9:15pm
I am long since 9276, I will leave 4 hour to see what happend.
I Deeply Love My Virtual Life In Virtual World , RLC
  • #7,555
  • Mar 4, 2007 9:51pm Mar 4, 2007 9:51pm
channel:


http://img74.imageshack.us/img74/861...x001wj8.th.jpg

H4 Chart.
  • #7,556
  • Mar 4, 2007 9:56pm Mar 4, 2007 9:56pm
Do U Feel Double Bottom At 9261...................
"Trade for sake of trading & not for winning or Lossing"
  • #7,557
  • Mar 4, 2007 10:05pm Mar 4, 2007 10:05pm
Quoting BRForex
channel:


http://img74.imageshack.us/img74/861...x001wj8.th.jpg

H4 Chart.

YAP U RIGHT & ALSO HAMMER FORMED IN 4 HOUR CHART & MACD CROSSED IN 5 MIN CHART..................SO WATS GOING IN MIND OF BULLS
"Trade for sake of trading & not for winning or Lossing"
  • #7,558
  • Mar 4, 2007 10:19pm Mar 4, 2007 10:19pm
From 9310 & Right Now At 9302 & Strong Support At 9300 If Breaken There Will Retracement Of 20 To 30 Pips............allready Short In Opposite Direction For 20 At 9305
"Trade for sake of trading & not for winning or Lossing"
  • #7,559
  • Mar 4, 2007 10:46pm Mar 4, 2007 10:46pm
Quoting HonaForex
From 9310 & Right Now At 9302 & Strong Support At 9300 If Breaken There Will Retracement Of 20 To 30 Pips............allready Short In Opposite Direction For 20 At 9305

I THINK RETRACEMENT IS OVER & GO LONG ................
"Trade for sake of trading & not for winning or Lossing"
  • #7,560
  • Mar 4, 2007 10:56pm Mar 4, 2007 10:56pm
WOW...............
"Trade for sake of trading & not for winning or Lossing"
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