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Daily Cable Analysis

  • #7,821
  • Mar 12, 2007 5:22am Mar 12, 2007 5:22am
It may sound naive but I don't believe in bigger corrections today (unless you are a high risk scalper). Everyone is buying now for at least to 61.8% (9460-9470). I don't think that anyone is so risk averse to sell before this target is reached, because of the last week side movements. Anyone is happy to have a direction to follow.
  • #7,822
  • Mar 12, 2007 5:31am Mar 12, 2007 5:31am
down first to 9400 before up again to 9450........
I Deeply Love My Virtual Life In Virtual World , RLC
  • #7,823
  • Mar 12, 2007 5:36am Mar 12, 2007 5:36am
Quote
down first to 9400 before up again to 9450........
You could be right, price reached FE 100% already. But thats scalping in my understanding, will not do that. I made too many failures in my last trading career because of trading against the trend or not holding positions.
  • #7,824
  • Mar 12, 2007 5:37am Mar 12, 2007 5:37am
Quoting katzenhai2
It may sound naive but I don't believe in bigger corrections today (unless you are a high risk scalper). Everyone is buying now for at least to 61.8% (9460-9470). I don't think that anyone is so risk averse to sell before this target is reached, because of the last week side movements. Anyone is happy to have a direction to follow.
cool ur target is 470..............even i m going long soon price come low as possible............right now i m short at 9328 looking 15 pips............i hate seating idle
"Trade for sake of trading & not for winning or Lossing"
  • #7,825
  • Mar 12, 2007 5:44am Mar 12, 2007 5:44am
My target for all my orders are 9454, thats only because I traded my account nearly to death (not really , but oppossed to other days) and need a safer approach now. Market will reach higher TPs today, but after last week I'm a bit freaked out.

Next time I will know: NFP day does not implicit that the market volatility will be high. :
  • #7,826
  • Mar 12, 2007 6:04am Mar 12, 2007 6:04am
Quoting katzenhai2
My target for all my orders are 9454, thats only because I traded my account nearly to death (not really , but oppossed to other days) and need a safer approach now. Market will reach higher TPs today, but after last week I'm a bit freaked out.

Next time I will know: NFP day does not implicit that the market volatility will be high. :
I had to change my approach, too. I opened a new account with IBFX that allows me to trade as low as 100 lots. Now I can throw like 50 lots in the market, multiple pairs, instead of those 1 or 2 with my major account. This provides a huge relief for me, restablished my sleeping hours and reduced my cigarrette consumption.

Now I'm trading the micro account and scalping for 20 pips in the major, to drag it back from coma.
  • #7,827
  • Mar 12, 2007 6:13am Mar 12, 2007 6:13am
Quoting cesarnc
I had to change my approach, too. I opened a new account with IBFX that allows me to trade as low as 100 lots. Now I can throw like 50 lots in the market, multiple pairs, instead of those 1 or 2 with my major account. This provides a huge relief for me, restablished my sleeping hours and reduced my cigarrette consumption.

Now I'm trading the micro account and scalping for 20 pips in the major, to drag it back from coma.
I hear you! Welcome back to semi-sleep and less cigs!
Show me the PIPS!
  • #7,828
  • Mar 12, 2007 6:35am Mar 12, 2007 6:35am
Yo Yo Yo 9400 TOUCH DOWN
I Deeply Love My Virtual Life In Virtual World , RLC
  • #7,829
  • Mar 12, 2007 6:39am Mar 12, 2007 6:39am
more more more
I Deeply Love My Virtual Life In Virtual World , RLC
  • #7,830
  • Mar 12, 2007 6:54am Mar 12, 2007 6:54am
run out the gas........ closed first.

wait to gas station at 9400, then up or down ?

i eat first now.
I Deeply Love My Virtual Life In Virtual World , RLC
  • #7,831
  • Mar 12, 2007 7:14am Mar 12, 2007 7:14am
To 9371, there is a trend line sitting in H4 on my chart.And thats 61.8% of the frankfurt open low.
Hm, have not expected such a downfall.
  • #7,832
  • Mar 12, 2007 7:16am Mar 12, 2007 7:16am
no hit 9400 again ? .

i am going down...........with skateboard now....
I Deeply Love My Virtual Life In Virtual World , RLC
  • #7,833
  • Mar 12, 2007 7:18am Mar 12, 2007 7:18am
Hmm mini wave C up might have ended marking the end of subwave 4; possible start of subwave 5 down, let's see...
Tra-X
  • #7,834
  • Mar 12, 2007 7:24am Mar 12, 2007 7:24am
yipppi down the hill....... go to low

the wind is feel hard on my hair........
I Deeply Love My Virtual Life In Virtual World , RLC
  • #7,835
  • Mar 12, 2007 7:26am Mar 12, 2007 7:26am
play with Yen again
SPEED SPEED SPEED
  • #7,836
  • Mar 12, 2007 7:28am Mar 12, 2007 7:28am
Quoting notme32
no hit 9400 again ? .

i am going down...........with skateboard now....
Yes down with skateboard lol
  • #7,837
  • Mar 12, 2007 7:31am Mar 12, 2007 7:31am
What a shit move.

Quote
Hmm mini wave C up might have ended marking the end of subwave 4; possible start of subwave 5 down, let's see...
Never saw ending a wave at only 50%.
  • #7,838
  • Mar 12, 2007 7:43am Mar 12, 2007 7:43am
Quoting katzenhai2
What a shit move.


Never saw ending a wave at only 50%.
Actually it was nearly 61.8%, only missed by abit. This move is really quick like lightning wow.
Attached Image
Tra-X
  • #7,839
  • Mar 12, 2007 7:47am Mar 12, 2007 7:47am
Lol i told there was no correction journey from 9282 to watever...................also CCI my favourite Index told wat tis coming ahead.................wat i done is played both way & made 100 pips not bad.......................bad luck guys
"Trade for sake of trading & not for winning or Lossing"
  • #7,840
  • Mar 12, 2007 7:50am Mar 12, 2007 7:50am
i am enough........... i better climb the hill now with motorcycle
I Deeply Love My Virtual Life In Virtual World , RLC
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