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Well you sertainly nailed that inital rally to 2.0130 Choccy...

However I would be interested to hear anyones case for higher Cable ...back to 2.01 and beyond or fall to say 1.9550 area during the month of June...

I am long at the moment although not very profitably...

David, email sent. H

Test of 1.9900 for sure.. then 20 and 40 more resistance...

Qwento,

Interesting post, but I think that you're probably reading far too much into it. It's really very easy to make at least a couple of hundred pips each and every week from cable (and the other pairs for that matter) without the need to spend any money whatsoever on fancy equipment and chart setups. It's all there for free.

All you need is a bit of patience with your trades - it's far too stressful imo watching umpteen screens all the time. There's no need for it.

And everything you need to know has already been written on this thread.

Only 8000 or so posts :-)

But most of it keeps on being repeated in answer to various questions.

The repeats trim it down to about 500 posts, Seymour.

Thought I'd paste this. It's struggling to get it up, but the money has still got to be on it seeing 83.5 before 81, imo.

Well at 1.9920 its either turnback time and we will wake with it lower tomorrow am..or its $2 a charm again.

Well seems to be. Are we ready to see $2 cable again? ... and if so what will the catalyst be...any suggestions


9920-40 did indeed turn out to be a conjestion area although another go at 9950 should see us back at 2.0000. That seems an easier question than will it be a summer of over $2 or under it... 20-40 does feel more like a staging post than a destiniation....

Out of the longs now, D.

you know I still see a sprint at $2 on the cards

I may have been a bit premature. Took my signal from the 10-minute chart. I'll see what it's like in the morning now.

Must admit I had my sights set a little higher for a short, around 1.9975/80.
Never mind :)

ECB thingie tomorrow - and a close eye on 1.3560ish.

Cable does look a bit glass 1/2 empty atm but staying long unless / until the rising support line on my 8 hour chart from the start of the month is broken...

Like to give these things every chance...lol

stopped out...now flat...

Made some good pips from 1.9940 and 1.9935 shorts taken out earlier in the week. Closed out earlier at 1.9780 :)

That's me done until next week

Well done...miseed it myself....

2 days and nearly 300 pips off....
any quesses on likely support... 1.9625?

Probably closer to 1.96

nah its 1.9634....cost just gone long...