Daily Cable Analysis | Page 418 | 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

  • #8,341
  • Jul 29, 2009 8:04am Jul 29, 2009 8:04am
I didn't want to have a position opened at top of hour, I held a bit then closed for +13.

A very quick move.
  • #8,342
  • Jul 29, 2009 9:41am Jul 29, 2009 9:41am
Setting Limit Order LONG 1.4040 for the day.

Target 1.4090
TheCableGuy
  • #8,343
  • Jul 29, 2009 4:16pm Jul 29, 2009 4:16pm
Quoting TheCableGuy
Setting Limit Order LONG 1.4040 for the day.

Target 1.4090

Entry 1.4040 hit a few hours ago, looks like it dropped near 1.4000, will keep target at 1.4090 and evaluate the Asia open price action.
TheCableGuy
  • #8,344
  • Jul 29, 2009 4:23pm Jul 29, 2009 4:23pm
Based on the 15 Minute candle, I put in long here at 1.4035, will be a scalp target of 10 pips.
TheCableGuy
  • #8,345
  • Jul 29, 2009 4:53pm Jul 29, 2009 4:53pm
I went long Gu - what do you think Cable guy?
  • #8,346
  • Jul 29, 2009 5:06pm Jul 29, 2009 5:06pm
Quoting N2FX
I went long Gu - what do you think Cable Guy?
Well, I am long EU with 2 positions, which looks risky right now, so GU may have some downward risk involved, so I will LONG GU here with you, and share in the risk. lol

Let's see if we can stay above that low that seems to be calling it down.
TheCableGuy
  • #8,347
  • Jul 29, 2009 5:27pm Jul 29, 2009 5:27pm
Quoting N2FX
I went long Gu -
That's right
ROBOT FOREX
  • #8,348
  • Jul 29, 2009 5:28pm Jul 29, 2009 5:28pm
Quoting TheCableGuy
Well, I am long EU with 2 positions, which looks risky right now, so GU may have some downward risk involved, so I will LONG GU here with you, and share in the risk. lol

Let's see if we can stay above that low that seems to be calling it down.
and I long EU with 4 positions
ROBOT FOREX
  • #8,349
  • Jul 29, 2009 5:30pm Jul 29, 2009 5:30pm
Quoting Forbes55
and I long EU with 4 positions
Very good, the support there will be key, I am only one position on GU and two on EU at this moment, I add on additional positions at next key levels.

What will your target be for the EU?

Thanks
TheCableGuy
  • #8,350
  • Jul 29, 2009 6:18pm Jul 29, 2009 6:18pm
Quoting TheCableGuy
Very good, the support there will be key, I am only one position on GU and two on EU at this moment, I add on additional positions at next key levels.

What will your target be for the EU?

Thanks
for EU is 4100-4130 at least
ROBOT FOREX
  • #8,351
  • Edited 9:19pm Jul 29, 2009 8:42pm | Edited 9:19pm
2 EU LONGS

Trade 1
Entry 1.4040
Exit 1.4060
Profit +20

UPDATED
Trade 2
Entry 1.4037
Exit 1.4068
Profit +31


GU Long
Entry 1.6367
Exit 1.6392
Profit +25

Total Profits Today +76 pips (3 trades)
TheCableGuy
  • #8,352
  • Jul 29, 2009 9:26pm Jul 29, 2009 9:26pm
Quoting N2FX
I went long Gu - what do you think Cable guy?
Figured that support was going to be good, it was shaky for a while.

I closed that one for +30 pips, and I am very excited.

You did good Cable Guy, any word on Monarch's exit??

Chat with you in a bit.
  • #8,353
  • Jul 29, 2009 9:28pm Jul 29, 2009 9:28pm
+30 and +13 = 43 profit (2 trades)
  • #8,354
  • Jul 29, 2009 9:40pm Jul 29, 2009 9:40pm
Quoting N2FX
Figured that support was going to be good, it was shaky for a while.

I closed that one for +30 pips, and I am very excited.

You did good Cable Guy, any word on Monarch's exit??

Chat with you in a bit.
A very good day you had by the looks of your report.

Keep it up, trade less, make more, don't just trade to trade, trade to win.

2 wins no losses, is how you make daily profits turn into weekly then monthly.

Cheers

Oh, I had a good trade today myself, nothing like CableGuy, but I will get those pips here tonight for sure.
  • #8,355
  • Jul 29, 2009 10:08pm Jul 29, 2009 10:08pm
Could be a long GU in the making.....

I know, you see the move down, perfect, trade the opposite.

On a pullback like this, you need to target smaller pips, it may not make it back to 00 level.
  • #8,356
  • Jul 29, 2009 10:19pm Jul 29, 2009 10:19pm
Was watching GU take the hit down, and LONGED EU at 1.4044 and put a 6 pip target for the last 5 min wick bottom as target.

Profit +6 pips in about 30 seconds.
Entry 1.4044 Exit 1.4050 (6 pip profit is after spread)

Still watching GU, not ready to jump just yet.
  • #8,357
  • Jul 29, 2009 10:20pm Jul 29, 2009 10:20pm
Should hit 1.6390 on this spike here.
  • #8,358
  • Jul 29, 2009 10:31pm Jul 29, 2009 10:31pm
EU and GU are fighting to stay up, I am watching for higher lows here on both pair, and the Asia Range they are sitting in.

EU looks like another 6 pip trade here.
  • #8,359
  • Jul 29, 2009 10:48pm Jul 29, 2009 10:48pm
Price on EU and GU has stalled and going horizontal, not good yet for longs, may want to see if we get another dip lower first, no hurry to trade.

It will reveal itself in time.

Update
GU is making the dip, will EU follow, I would think so, at least to the last low test
  • #8,360
  • Jul 29, 2009 10:54pm Jul 29, 2009 10:54pm
I felt GU was going deeper and EU would follow, but EU popped upwards leading the charge, so now will see who really is giving the direction.
11 traders viewing now