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Daily Cable Vision

  • #721
  • Jun 10, 2009 5:26am Jun 10, 2009 5:26am
Quoting cgldsmth
I'm still long by virtue of H4 trend and USDJPY bull-weakness and bounce from DTL. Good place to sell the dollar right now IMHO.
Best of luck
  • #722
  • Jun 10, 2009 5:35am Jun 10, 2009 5:35am
Quoting deboooo2005
as i mention new 4 hour candle below 1.6340 we will see 1.6240 first target ... if not open below it will test today high
Seems like todays high will be tested again bro. Like you said.
You've got to be IN IT to WIN IT!
  • #723
  • Jun 10, 2009 5:41am Jun 10, 2009 5:41am
Quoting Ifty
Seems like todays high will be tested again bro. Like you said.
few hours before new tf4h CS closing.. anyway we're in 6400 level again at the moment.. let's see how this one goes...
  • #724
  • Jun 10, 2009 5:54am Jun 10, 2009 5:54am
GUYS a few days ago when the BOE said that more money is going to be printed, isn't that going to dilute the economy and weaken the stirling? This does not print a pretty picture for the LONG of the stirling. Its seems inevitable that the 60's range will not last. What is your opinion?
You've got to be IN IT to WIN IT!
  • #725
  • Jun 10, 2009 5:59am Jun 10, 2009 5:59am
I don't think the obvious fundamentals of old are that valid right now. Most sentiment seems to be affected by general global economic hope vs fear, expectations of when recession will end etc... Riskier assets such as GBP and EUR go up if US data is good, and vice versa. that is not the way it used to be in more sensible times...
TRADE FOR SWAP
  • #726
  • Jun 10, 2009 6:07am Jun 10, 2009 6:07am
hoping it will test the 6400 region again...
  • #727
  • Jun 10, 2009 6:07am Jun 10, 2009 6:07am
New 4 Hourly candle opened at 6369...!!!!!
  • #728
  • Jun 10, 2009 6:07am Jun 10, 2009 6:07am
Quoting mjay
hoping it will test the 6400 region again...
Now it should amend its previous high and even it could go past 6500
  • #729
  • Jun 10, 2009 6:19am Jun 10, 2009 6:19am
Quoting Red.Hawk
Now it should amend its previous high and even it could go past 6500

we are going up high againnn. yeahhh!!!
  • #730
  • Jun 10, 2009 6:25am Jun 10, 2009 6:25am
Quoting Red.Hawk
Now it should amend its previous high and even it could go past 6500
Debooo what do you think? Am wiaiting to enter
  • #731
  • Jun 10, 2009 6:30am Jun 10, 2009 6:30am
closed with +100 pips from buy support

Attached Image (click to enlarge)
Click to Enlarge Name: support resistance levels.gif Size: 13 KB


Attached Image (click to enlarge)
Click to Enlarge Name: forex.gif Size: 12 KB


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support resistance levels

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  • #732
  • Jun 10, 2009 6:31am Jun 10, 2009 6:31am
Quoting mjay
Debooo what do you think? Am wiaiting to enter
It would be better if Debooo could coment on this...but as far as i think wait for the retrace to enter, dont be hasty in entering the market now...!!!! as an ideal situation you should have entered the market once the 4 hourly candle was closed above 6340
  • #733
  • Jun 10, 2009 6:39am Jun 10, 2009 6:39am
Now cable target 1.6508 now ... when this break target is 1.6587 then 1.6684 ...
  • #734
  • Jun 10, 2009 6:42am Jun 10, 2009 6:42am
i'm looking to long ... but wait now
  • #735
  • Jun 10, 2009 6:43am Jun 10, 2009 6:43am
Quoting deboooo2005
i'm looking to long ... but wait now
Please don't forget to let us know when it would be good to enter LONG.
You've got to be IN IT to WIN IT!
  • #736
  • Jun 10, 2009 6:47am Jun 10, 2009 6:47am
Quoting Ifty
Please don't forget to let us know when it would be good to enter LONG.

sure friend
  • #737
  • Jun 10, 2009 6:47am Jun 10, 2009 6:47am
Quoting deboooo2005
i'm looking to long ... but wait now
I am long at 6370...moved SL to BE now....is it fine or i should settle it and re-enter again?
  • #738
  • Jun 10, 2009 6:54am Jun 10, 2009 6:54am
Quoting Red.Hawk
I am long at 6370...moved SL to BE now....is it fine or i should settle it and re-enter again?

look i'm thinking about 1.6357 to 1.6366 but i ve to watch chart when volume and volatlity is high
  • #739
  • Jun 10, 2009 6:56am Jun 10, 2009 6:56am
Quoting deboooo2005
look i'm thinking about 1.6357 to 1.6366 but i ve to watch chart when volume and volatlity is high
ok take your time then...by then I move the SL to 6400
  • #740
  • Jun 10, 2009 7:04am Jun 10, 2009 7:04am
Quoting deboooo2005
look i'm thinking about 1.6357 to 1.6366 but i ve to watch chart when volume and volatlity is high
this is the good example for people how to trade safely... patience...
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