Daily Cable Analysis | Page 423 | 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

  • #8,441
  • Aug 6, 2009 6:31am Aug 6, 2009 6:31am
Quoting amis0405
plz give me link to that post of urs...
http://www.forexfactory.com/showpost...postcount=8307
  • #8,442
  • Aug 6, 2009 6:33am Aug 6, 2009 6:33am
Quoting TheCableGuy
This is an updated EU 1 Hour chart.

Still ranging in that 00 level.

When will 1.4355 hit?
shortly imo
  • #8,443
  • Aug 6, 2009 9:50am Aug 6, 2009 9:50am
GU 1.6980 Short - Exit this morning at 1.6813 +167 pips

Looking for pullback and Buys on GU 1.6750 today.

I still have short limits waiting for GU at 1.7150 primary account and 1.7050 secondary account.

We may see some ranging or even a deeper drop, eventually, I expect the 1.7300/7400 level to hit.
TheCableGuy
  • #8,444
  • Aug 6, 2009 9:57am Aug 6, 2009 9:57am
Quoting NorthSea
shortly imo
EU to 1.4355 actually hit 24 hours ago, this was the second drop.
TheCableGuy
  • #8,445
  • Aug 6, 2009 10:12am Aug 6, 2009 10:12am
Watching the 1.6800 level reaction, dip and rise to support here or resist, soon to see.
TheCableGuy
  • #8,446
  • Edited 10:52pm Aug 6, 2009 10:32pm | Edited 10:52pm
Quoting TheCableGuy
GU 1.6980 Short - Exit this morning at 1.6813 +167 pips

Looking for pullback and Buys on GU 1.6750 today.

I still have short limits waiting for GU at 1.7150 primary account and 1.7050 secondary account.

We may see some ranging or even a deeper drop, eventually, I expect the 1.7300/7400 level to hit.
Long GU earlier today at 1.6750

Price is ranging softly for a while now

4 Hour Fibo Levels:
38.2 - 1.6823
50% - 1.6756
61.8 - 1.6689
Attached Image (click to enlarge)
Click to Enlarge Name: GU 4 Hour.PNG Size: 24 KB
TheCableGuy
  • #8,447
  • Aug 6, 2009 10:48pm Aug 6, 2009 10:48pm
Fibo Levels
38.2 - 1.6772
50% - 1.6689
61.8 - 1.6607
Attached Image (click to enlarge)
Click to Enlarge Name: GU Daily.PNG Size: 19 KB
TheCableGuy
  • #8,448
  • Aug 6, 2009 11:16pm Aug 6, 2009 11:16pm
I have a simple question for you.

Why do you spend your time posting every day on Forex Factory?

No one on Forex Factory is trading the calls you have given, I don't think many of the readers are even traders, or know the first thing about trading.

Actually most are here to just read and chat, and not trade.

Just my opinion, I think it is a waste of your time here.

N2Fx
  • #8,449
  • Aug 6, 2009 11:24pm Aug 6, 2009 11:24pm
Quoting N2FX
I have a simple question for you.

Why do you spend your time posting every day on Forex Factory?

No one on Forex Factory is trading the calls you have given, I don't think many of the readers are even traders, or know the first thing about trading.

Actually most are here to just read and chat, and not trade.

Just my opinion, I think it is a waste of your time here.

N2Fx
in your opinion where the cableguy should waste his time buddy???
any forum for professionals...................?
  • #8,450
  • Aug 6, 2009 11:36pm Aug 6, 2009 11:36pm
Quoting N2FX
I have a simple question for you.

Why do you spend your time posting every day on Forex Factory?

No one on Forex Factory is trading the calls you have given, I don't think many of the readers are even traders, or know the first thing about trading.

Actually most are here to just read and chat, and not trade.

Just my opinion, I think it is a waste of your time here.

N2Fx
Good to see you again.

Well, waste of time, NO>>>

I remember when I was scouting the Forex Factory and would just read and review. and I watched and watched, hoping for someone to help me.

Monarch was trading GU in those days and he took his "wasted" time and helped a few of us out.

There are a good supply of traders I follow, even though I do not post much in other threads, but we can all learn more.

It is the least I can do, help one or two along the way.

It is true, very few have posted, but I believe they read, they study, they learn, and in the end, THEY will BECOME a GOOD TRADER.

Here is a MT4 account I have only traded for less then 1 month (1.00 lots only), it is not much, but it shows I do not over trade, but I am making a few pips along the way.

I have another broker I trade also for scalping and several demo accounts to practice some of my new ideas.

Let's make a difference for someone.
Attached Image (click to enlarge)
Click to Enlarge Name: Secondary Account.PNG Size: 33 KB
TheCableGuy
  • #8,451
  • Aug 6, 2009 11:50pm Aug 6, 2009 11:50pm
I am showing the Support and Resistance areas.

We have a possible bounce coming upwards to the Fibo Levels.

I will check my LONG GU in the morning.

Good night.
Attached Image (click to enlarge)
Click to Enlarge Name: GU Hourly.PNG Size: 20 KB
TheCableGuy
  • #8,452
  • Aug 7, 2009 7:20am Aug 7, 2009 7:20am
Hi CG,
I for one have been following and learning from your informative and helpful journal. I am grateful for your contribution.

I have been silently following. I have only recently started into forex. Your journal is one of three that I follow on a daily basis. I am learning and once I am in a position to use my knowledge, I shall contribute.

To those that say people like you are wasting their time, my question is what is their useful purpose in these forums?

TheCableGuy please realise your contributions are making a hell of a difference. Thank you again.

K
  • #8,453
  • Aug 7, 2009 9:17am Aug 7, 2009 9:17am
I closed a Short I had from 1.6990 for +239 pips, did not think this would go deeper, but it is on it's way.

Still holding Long from 1.6750 level.

Not sure what the news is going to do to the market, very possible we will get a deeper move.
TheCableGuy
  • #8,454
  • Aug 7, 2009 9:39am Aug 7, 2009 9:39am
Took a long EU at 1.4228, looking for 20 pips, will keep close eye on it here.

Scalp setup
TheCableGuy
  • #8,455
  • Aug 7, 2009 9:42am Aug 7, 2009 9:42am
closed when upper move stalled, will wait again for 15 min candle to setup for long.
TheCableGuy
  • #8,456
  • Aug 7, 2009 9:44am Aug 7, 2009 9:44am
This was a 50% level for EU, really expected some support here for a push up, may need to spike lower first.
TheCableGuy
  • #8,457
  • Aug 8, 2009 10:52pm Aug 8, 2009 10:52pm
Quoting zameer
in your opinion where the cableguy should waste his time buddy???
any forum for professionals...................?
What forum has professionals???

All three on this thread.

Enjoy those Longs on GU Cableguy
  • #8,458
  • Aug 9, 2009 5:22pm Aug 9, 2009 5:22pm
I just closed phase 1 of my short positions after 6 days of holding it.

I will enter once again short on the move upwards to the previous highs or there abouts.

I entered a little earlier then the 1.7 level, but I have learned in times past that if I wait, I miss out, so I suffer the drawdown on the spike, then ride the profits on the dip.

Another great week of GU trading.

Oh, good job Cableguy, and keep up the good post and thread updates.

N2FX, you best chill out on cableguy or else I will boot you off the thread. LOL.

Cheers. Ken
Attached Image (click to enlarge)
Click to Enlarge Name: GU Short Position.png Size: 35 KB
  • #8,459
  • Aug 11, 2009 8:36am Aug 11, 2009 8:36am
long EU
  • #8,460
  • Aug 13, 2009 7:24am Aug 13, 2009 7:24am
Quoting NorthSea
long EU

exit 1.43

1.43-1.415 = ??
2 traders viewing now