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Daily Cable Vision

  • #1,941
  • Jun 29, 2009 11:12pm Jun 29, 2009 11:12pm
Quoting Ifty
We should see 1.6700 as soon as the london session opens.
Good Day

cable look to reach from 1.6735 to 1.6750
  • #1,942
  • Jun 29, 2009 11:14pm Jun 29, 2009 11:14pm
Quoting deboooo2005
Good Day

cable look to reach from 1.6735 to 1.6750
4H, 1H, 5m and 1m are all heavily overbought. Will you be shorting soon? If so, what price are you thinking?
You've got to be IN IT to WIN IT!
  • #1,943
  • Jun 29, 2009 11:35pm Jun 29, 2009 11:35pm
The UK housing data was better than expected and cable has put on more than 100 pips since the data came out at the FO.

The Euro has also made new highs for its move and the Swissy new lows, so both are supporting thses new highs

The next resistance off the daily chart is at 7400

Todays range so far is 171 pips with the 6 day avaerage at 144 pips....will we return to the 250 pip range.....Time Will Tell.....

I closed my last long at 6741 and am now waiting for the pull back to either the MR3 level at 719 or the 700 level.....
Trading Levels with WRBs
  • #1,944
  • Jun 30, 2009 1:05am Jun 30, 2009 1:05am
Quoting Ifty
4H, 1H, 5m and 1m are all heavily overbought. Will you be shorting soon? If so, what price are you thinking?
Do you remeber Ifty when we was talking on phone yesterday ... and i tiold you i open long @ 1.6560 i really close it @ 1.6724 = 164 pips ... really i'm out the market today ... but i'll updated from time to time
  • #1,945
  • Jun 30, 2009 1:18am Jun 30, 2009 1:18am
Quoting deboooo2005
Do you remeber Ifty when we was talking on phone yesterday ... and i tiold you i open long @ 1.6560 i really close it @ 1.6724 = 164 pips ... really i'm out the market today ... but i'll updated from time to time
Hi deboooo, that was a great call bro but i sold at 1.6625 after it went to 1.6650 then was falling. I am still learning and do not know how to fully benefit but i protected my profit like you told me to. Respect to you bro.
You've got to be IN IT to WIN IT!
  • #1,946
  • Jun 30, 2009 1:20am Jun 30, 2009 1:20am
Hi debooooo I have reading your posts from last 2-3 months.You are truly amazing.I have short at 6600.Any chances Deboooo???
  • #1,947
  • Jun 30, 2009 1:20am Jun 30, 2009 1:20am
6650 long, pt 6710, sl 6600....
  • #1,948
  • Jun 30, 2009 1:23am Jun 30, 2009 1:23am
Quoting amis0405
Hi debooooo I have reading your posts from last 2-3 months.You are truly amazing.I have short at 6600.Any chances Deboooo???
Deboooo did warn you that there was something strange happening and to be careful. I hope you get lucky and at least BE but the range has now been broken and the BULLS are steaming ahead.
You've got to be IN IT to WIN IT!
  • #1,949
  • Jun 30, 2009 1:32am Jun 30, 2009 1:32am
Hi Ifty should I stop the Trade ??? Current 1.6618 while writing..
  • #1,950
  • Jun 30, 2009 1:38am Jun 30, 2009 1:38am
Quoting amis0405
Hi Ifty should I stop the Trade ??? Current 1.6618 while writing..
I am not the best person to give advice bro but the 1m and 5m charts are now oversold and will start to rise. Maybe cutting losses is good to start again on next opportunity.
You've got to be IN IT to WIN IT!
  • #1,951
  • Jun 30, 2009 1:46am Jun 30, 2009 1:46am
Thanks....

Ifty 1m and 5m are oversold.Ok..So what will be best point to TP considering both graph...20-30 pips???
  • #1,952
  • Jun 30, 2009 1:59am Jun 30, 2009 1:59am
Quoting amis0405
Hi Ifty should I stop the Trade ??? Current 1.6618 while writing..
yes we are in up trend and in the end of june....but if the last candle 4h close below 6600 . and the stoch indi 4H also already has second top ....it will be a sign for diving ....

but ...

i don't know what i'm doing so don't trust me ....
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  • #1,953
  • Jun 30, 2009 2:32am Jun 30, 2009 2:32am
i think 6700-6670 is ideal area to fall down to 6550 - 6500,next target maybe6450(61,8 fibo)
  • #1,954
  • Jun 30, 2009 3:07am Jun 30, 2009 3:07am
hi
1.6588 to 1.6619 was resistance area and cable broke it .... if 1.6580 broke real broke ... short will be good ... but above 1.6588 long is better
  • #1,955
  • Jun 30, 2009 3:42am Jun 30, 2009 3:42am
i long @ 1.6585
  • #1,956
  • Jun 30, 2009 3:47am Jun 30, 2009 3:47am
hallo deboo... how much TP....
  • #1,957
  • Jun 30, 2009 3:52am Jun 30, 2009 3:52am
Quoting Helmi bubu
hallo deboo... how much TP....
if it hold my TP is 1.6710
  • #1,958
  • Jun 30, 2009 3:59am Jun 30, 2009 3:59am
thanks soo much bro......
  • #1,959
  • Jun 30, 2009 4:02am Jun 30, 2009 4:02am
Quoting deboooo2005
if it hold my TP is 1.6710
i agree,very good idea,but 6700-6710 is strong resist before fall to range 6620 - 6200
  • #1,960
  • Jun 30, 2009 4:06am Jun 30, 2009 4:06am
6700 ...and i think that we will see very fast 38,2 fibo 6425....agree debooo?
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