Daily Cable Analysis | Page 395 | 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

  • #7,881
  • Mar 13, 2007 11:10am Mar 13, 2007 11:10am
Lol i think double ZIG is formed in 5 min chart............there4 gone long right from bottom 290...............Just like to see word on this
"Trade for sake of trading & not for winning or Lossing"
  • #7,882
  • Mar 13, 2007 11:14am Mar 13, 2007 11:14am
Hi Katzenhai2, thanks for posting your charts.
I´ve attached what I´m seeing - I´m not trying to fit these into your wave counts as we all see things differently - this is just my short term opinion.
If price moves above C, my possible Turquoise count will be wrong and if it moves below Turquoise 1 it will probably be correct, depending on how far it falls.
As I´ve said earlier, I find long sideways corrections confusing and wave counts in them of little value tradingwise. With cable often having about 12 active hours and 12 quiet hours this doesnt help.
Eitherway anything we can add to help eachother to see different options may help in our quest for pips in our bank!
Just mho.
Attached Image
Trading Levels with WRBs
  • #7,883
  • Mar 13, 2007 11:52am Mar 13, 2007 11:52am
Interesting to see different wave counts. Thanks for posting!
  • #7,884
  • Mar 13, 2007 12:02pm Mar 13, 2007 12:02pm
Quoting Islander
Hi Katzenhai2, thanks for posting your charts.
I´ve attached what I´m seeing - I´m not trying to fit these into your wave counts as we all see things differently - this is just my short term opinion.
If price moves above C, my possible Turquoise count will be wrong and if it moves below Turquoise 1 it will probably be correct, depending on how far it falls.
As I´ve said earlier, I find long sideways corrections confusing and wave counts in them of little value tradingwise. With cable often having about 12 active hours and 12 quiet hours this doesnt help.
Eitherway anything we can add to help eachother to see different options may help in our quest for pips in our bank!
Just mho.

Lol wat r those parallel curve line in ur chart (green dotted line & green line.......................thanks in advance
"Trade for sake of trading & not for winning or Lossing"
  • #7,885
  • Mar 13, 2007 12:23pm Mar 13, 2007 12:23pm
Quoting Islander
Hi Katzenhai2, thanks for posting your charts.
I´ve attached what I´m seeing - I´m not trying to fit these into your wave counts as we all see things differently - this is just my short term opinion.
If price moves above C, my possible Turquoise count will be wrong and if it moves below Turquoise 1 it will probably be correct, depending on how far it falls.
As I´ve said earlier, I find long sideways corrections confusing and wave counts in them of little value tradingwise. With cable often having about 12 active hours and 12 quiet hours this doesnt help.
Eitherway anything we can add to help eachother to see different options may help in our quest for pips in our bank!
Just mho.
Absolutely 100% cross the t's dot the i's right. Its how you trade 'em not how you label 'em.
  • #7,886
  • Mar 13, 2007 12:34pm Mar 13, 2007 12:34pm
Quoting HonaForex
Lol wat r those parallel curve line in ur chart (green dotted line & green line.......................thanks in advance
Solid green line is a 200EMA of the close; dashed bands are -100, -200 & -300 of the 200EMA.

I use the 200EMA on all TFs, with different band widths - price often reacts off one of the bands, depending on the strength of the move.
Trading Levels with WRBs
  • #7,887
  • Mar 13, 2007 1:58pm Mar 13, 2007 1:58pm
Quoting Islander
Solid green line is a 200EMA of the close; dashed bands are -100, -200 & -300 of the 200EMA.

I use the 200EMA on all TFs, with different band widths - price often reacts off one of the bands, depending on the strength of the move.
Wow this wat i was looking form some days............pls tell me how to apply -100,-200 & so on chart..............bcos i m using Interbankfx & i do not know how to apply negative moving Average...............help me pls how to apply..........thanks in advance
"Trade for sake of trading & not for winning or Lossing"
  • #7,888
  • Mar 13, 2007 2:11pm Mar 13, 2007 2:11pm
Quoting HonaForex
Wow this wat i was looking form some days............pls tell me how to apply -100,-200 & so on chart..............bcos i m using Interbankfx & i do not know how to apply negative moving Average...............help me pls how to apply..........thanks in advance
NP - after you have an EMA on your chart - say 200EMA of close, go to:

Charts, Indicators List, Moving Average (select the 200EMA) Edit, Levels, Add...then put in the levels that you want, both + and - , select the colour and style, OK, Close

http://www.forexfactory.com/images/icons/icon14.gif
Trading Levels with WRBs
  • #7,889
  • Mar 14, 2007 2:41am Mar 14, 2007 2:41am
what is good target for long entry?

I see high risk on short positions now.. I'm waiting for long
  • #7,890
  • Mar 14, 2007 2:45am Mar 14, 2007 2:45am
Quoting pablorpl
what is good target for long entry?

I see high risk on short positions now.. I'm waiting for long
I like 1.9350 for a first target, it has been hourly resistance several time lately
  • #7,891
  • Mar 14, 2007 2:45am Mar 14, 2007 2:45am
This is what I am seeing just before the London Opening
Attached Image
Trading Levels with WRBs
  • #7,892
  • Mar 14, 2007 2:47am Mar 14, 2007 2:47am
Quoting pablorpl
what is good target for long entry?

I see high risk on short positions now.. I'm waiting for long
I think the downwave hasn't finished yet. But who knows.

Edit: Thanks for the small tf update, Islander. Moved s/l to +100 profit now lol.
Tra-X
  • #7,893
  • Mar 14, 2007 2:48am Mar 14, 2007 2:48am
Quoting Traex
I think the downwave hasn't finished yet. But who knows.
I think too. but we are "manipulated" by carry-trades operations so... just like a very small boat in a big ocean....
  • #7,894
  • Mar 14, 2007 2:54am Mar 14, 2007 2:54am
Quoting dswk
I think too. but we are "manipulated" by carry-trades operations so... just like a very small boat in a big ocean....
GBP/JPY is targetting 221 area again? It's what I think tho not what market think. :
Tra-X
  • #7,895
  • Mar 14, 2007 3:09am Mar 14, 2007 3:09am
Quoting Islander
This is what I am seeing just before the London Opening
anyone know what caused that 50 or so pip spike down? 19280->19230
  • #7,896
  • Mar 14, 2007 3:19am Mar 14, 2007 3:19am
Quoting Traex
I think the downwave hasn't finished yet. But who knows.

Edit: Thanks for the small tf update, Islander. Moved s/l to +100 profit now lol.
That´s a nice trade....I think we should have a retrace, targets are:
9244 / 253 / 261. Much more than that would suggest that the fall is over for now.

UK Claiment Count & Average Earnings at 5:30 EDT
Trading Levels with WRBs
  • #7,897
  • Mar 14, 2007 3:43am Mar 14, 2007 3:43am
Quoting Traex
GBP/JPY is targetting 221 area again? It's what I think tho not what market think. :
I´m seeing the same....off 5m / 15m now in a W3 down, just hit 1.236 extension at 222.78. Probable retrace to 223.28 or 223.42.

W3 1.618 at 221.30 - just above my 4 hour W3 low at 221.10.

The way the Yen´s leading cable in lightning fast moves I hardly dare get a coffee!.....apologies for these comments in a cable thread.
Trading Levels with WRBs
  • #7,898
  • Mar 14, 2007 6:52am Mar 14, 2007 6:52am
time for flying to the moon
I Deeply Love My Virtual Life In Virtual World , RLC
  • #7,899
  • Mar 14, 2007 9:42am Mar 14, 2007 9:42am
ah , Land at the moon now ........OO
I Deeply Love My Virtual Life In Virtual World , RLC
  • #7,900
  • Mar 14, 2007 10:14am Mar 14, 2007 10:14am
For a moment it looked as if the 8:30 data would give a push down towards my wave 3 targets......but instead, cable made a double bottom and rallied, invalidating my turquoise wave count.

Now to see if 9353 holds and causes a pull back.
Trading Levels with WRBs
3 traders viewing now