Daily Cable Analysis | Page 421 | 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

  • #8,401
  • Aug 2, 2009 7:14pm Aug 2, 2009 7:14pm
Pullback to 1.4268 possible - Long here

Only looking for +5 in this tight area
TheCableGuy
  • #8,402
  • Aug 2, 2009 7:28pm Aug 2, 2009 7:28pm
Gotta enjoy those runs that go deeper then expected.

GU Long also now.

Will leave for profits, today or tomorrow. LOL
TheCableGuy
  • #8,403
  • Aug 2, 2009 7:52pm Aug 2, 2009 7:52pm
Possible move coming, I think I will take another.....

Well, I better not say, don't want to get too excited about taking longs.

Will check my trades in a while, going to break.
TheCableGuy
  • #8,404
  • Aug 2, 2009 9:50pm Aug 2, 2009 9:50pm
Quoting TheCableGuy
Possible move coming, I think I will take another.....

Well, I better not say, don't want to get too excited about taking longs.

Will check my trades in a while, going to break.
hello dear!!
do you thing it will go down from here?? and can b the possible next target for cable??
  • #8,405
  • Aug 2, 2009 10:06pm Aug 2, 2009 10:06pm
Quoting elixerripple
hello dear!!
do you thing it will go down from here?? and can b the possible next target for cable??
Good to have you on the thread.

As far as GU down area, I would think 1.6659 area

For Upwards, I have my eyes on 1.7 eventually, but first 1.6812 area

Of course I have longs in right now, and I am just kicking back and waiting for targets to reach, somewhere around 1.6759 area.

Hope that helps you a bit.
TheCableGuy
  • #8,406
  • Aug 2, 2009 10:20pm Aug 2, 2009 10:20pm
Quoting TheCableGuy
Good to have you on the thread.

As far as GU down area, I would think 1.6659 area

For Upwards, I have my eyes on 1.7 eventually, but first 1.6812 area

Of course I have longs in right now, and I am just kicking back and waiting for targets to reach, somewhere around 1.6759 area.

Hope that helps you a bit.
good to talk to you too..
so it meanz there izn't any chance for cable to hit back to 60xx area?? or something near it??
  • #8,407
  • Aug 2, 2009 10:31pm Aug 2, 2009 10:31pm
Quoting elixerripple
good to talk to you too..
so it meanz there izn't any chance for cable to hit back to 60xx area?? or something near it??
Here is a post I put on sometime back

http://www.forexfactory.com/t/10378/...ml#post2895718

I am only scalping as we climb with both EU and GU, once we get into the 1.7 I will focus on GU alone, and start my short sequence.
TheCableGuy
  • #8,408
  • Aug 2, 2009 10:38pm Aug 2, 2009 10:38pm
Quoting TheCableGuy
Here is a post I put on sometime back

http://www.forexfactory.com/t/10378/...ml#post2895718

I am only scalping as we climb with both EU and GU, once we get into the 1.7 I will focus on GU alone, and start my short sequence.

i hope we will b having good time this week or next..
  • #8,409
  • Aug 2, 2009 10:55pm Aug 2, 2009 10:55pm
Quoting elixerripple

i hope we will b having good time this week or next..
Oh yes, a good time we will have, and a good many dollars along the way up and down.
TheCableGuy
  • #8,410
  • Aug 2, 2009 11:25pm Aug 2, 2009 11:25pm
Okay, I have my 5 open positions set for targets, also other limit orders for the next 8 hours while I sleep.

I will do a check on it in the morning.

Have a great evening/day.
TheCableGuy
  • #8,411
  • Aug 2, 2009 11:41pm Aug 2, 2009 11:41pm
Quoting TheCableGuy
Oh yes, a good time we will have, and a good many dollars along the way up and down.
sure
keep upto date here...
  • #8,412
  • Aug 3, 2009 12:21am Aug 3, 2009 12:21am
Quoting TheCableGuy
Okay, I have my 5 open positions set for targets, also other limit orders for the next 8 hours while I sleep.

I will do a check on it in the morning.

Have a great evening/day.
can u mention ur positions if u dont mind plzz...
  • #8,413
  • Aug 3, 2009 5:12am Aug 3, 2009 5:12am
Quoting TheCableGuy
Looks like the London session sold off nicely on both GU and EU.

Back in Asia range for GU and EU is tyring to reach into that zone.

3 minutes for a good move either way here at 10am EST.

Looks like Monarch was busy here last night, taking our pips from us. LOL

NorthSea trader, good to have you, the info you provided would seem to bring GU upwards, can you post some chart also?

N2FX, you're cheating again - LOL, quit taking all those easy trades Monarch sends to us, and try one...
hi cableguy,

as u can see cable is up to 68 now as i predicted in post #8307

my chart is worthless cause i just look @static resistence/support and macro

enjoy
  • #8,414
  • Aug 3, 2009 7:19am Aug 3, 2009 7:19am
Quoting NorthSea
hi cableguy,

as u can see cable is up to 68 now as i predicted in post #8307

my chart is worthless cause i just look @static resistence/support and macro

enjoy
plz give me link to that post of urs...
  • #8,415
  • Aug 3, 2009 8:33am Aug 3, 2009 8:33am
Quoting TheCableGuy
Okay, I have my 5 open positions set for targets, also other limit orders for the next 8 hours while I sleep.

I will do a check on it in the morning.

Have a great evening/day.
As expected, price pulled back then took NORTH once again.

I had the following trades close with Profits.

EU LONG 1.4278 Close 1.4278 = 0
EU Long 1.4262 Close 1.4278 = +16
EU Long 1.4238 Close 1.4278 = +40
GU Long 1.6749 Close 1.6769 = +20
GU Long 1.6735 Close 1.6769 = +34

Total +110 pip profit with the additional +30 during Asia = +140 pips

Note: I will not be taking positions until Asia today, I have a few things to do and cannot watch charts. I do not usually take position trades in NY.
TheCableGuy
  • #8,416
  • Aug 3, 2009 8:50am Aug 3, 2009 8:50am
I was busy reading some of the post and missed what normally is an easy 5 pips of profit.

The 15 min candle rejected and shot down, then this current candle retraced to my entry point and looks to be a good short.

This is a very typical move with both GU and EU, the price spikes then drops good, retraces into the last candle and stalls and falls lower. I would take short and exit before the low of the last 15 min candle, that is why I usually target about 5 pips, very safe and usually quick and within the range of that last rejection candle.

Just have to be ready and quick, no long term here, top of the 10am EST. will get even more movement.
TheCableGuy
  • #8,417
  • Aug 3, 2009 8:56am Aug 3, 2009 8:56am
Remember EU had a resistance at 1.4304 previously and we are getting the test of that previous point, just hit low at 1.4307 and watching to see if that now becomes a support area for EU.
TheCableGuy
  • #8,418
  • Aug 3, 2009 9:04am Aug 3, 2009 9:04am
Quoting TheCableGuy
I was busy reading some of the post and missed what normally is an easy 5 pips of profit.

The 15 min candle rejected and shot down, then this current candle retraced to my entry point and looks to be a good short.

This is a very typical move with both GU and EU, the price spikes then drops good, retraces into the last candle and stalls and falls lower. I would take short and exit before the low of the last 15 min candle, that is why I usually target about 5 pips, very safe and usually quick and within the range of that last rejection candle.

Just...

hello this is my first post here in this thread..i read this thread and it is really instresting i want to know one thing that where you see a reversal point in GU?because so far no reversal pattern still waiting to go short...

Ub
  • #8,419
  • Aug 3, 2009 9:38am Aug 3, 2009 9:38am
Hello, I am not looking for a major reversal on GU at this time, but we are near 1.7 area, which will range in my opinion, and possibly go up to the 1.7149 area to test.

On the scalping reversal trades, I mainly watch the 5/15 min candles and catch the rejection reversal types, I will post some charts later today and tomorrow I am around most of the day.

Thanks for posting.
TheCableGuy
  • #8,420
  • Edited 10:12am Aug 3, 2009 9:47am | Edited 10:12am
Looking for possible 10 pip dip here.

Was watching top for a rejection, not yet, still waiting to enter.

Price rose more from where I thought we were getting a reversal type setup, the 15 min candle here at 11:10 am EST. may be setting up for the dip.

I am leaving for a few hours, will check on the condition when I return.

I think I will put a short EU in here and see if we get that 00 test below, will check it later.
TheCableGuy
4 traders viewing now