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    MarcinO
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    That drop looks done at 1.2450, optionally they may send it a bit lower on Monday before buying Cable again.


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    6b 2017 02 26 png
    MA
    MarcinO
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    This leg down in Cable is surprisingly long. I guess, they want to test the previous low around 1.2350-60.

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    6b 2017 02 27 png
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    MarcinO
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    Another day that makes me think trading Cable on Mondays is a waste of time....
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    rat89
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    nem 15

    33.63 – 38.01 = .618 at 35.30
    35.15 – 36.99 = .886 at 35.36
    35.59 – 36.24 = 1.27 at 35.41
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    screen shot 2017 02 27 at 2 00 50 pm png
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    MarcinO
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    I hope for some accelaration, after terribly boring price action yesterday.
    Cable may reach 1.25, maybe even 1.2540-50 today.

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    6b 2017 02 28 png
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    MarcinO
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    So far it looks as yesterday, so I am expecting one more small wave down, not necessarily new nominal LOD, and then sideways action till we get closer to American open.
    RA
    rat89
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    and what it did:

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    screen shot 2017 02 27 at 3 36 40 pm png


    Originally posted by rat89

    nem 15

    33.63 – 38.01 = .618 at 35.30
    35.15 – 36.99 = .886 at 35.36
    35.59 – 36.24 = 1.27 at 35.41
    Click image for original size
    screen shot 2017 02 27 at 2 00 50 pm png

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    rat89
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    Click image for original size
    screen shot 2017 02 27 at 5 21 08 pm png

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    screen shot 2017 02 27 at 5 36 37 pm png

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    screen shot 2017 02 27 at 7 41 14 pm png
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    MarcinO
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    Nice charts, rat.
    Coming back to Cable.. It is behaving as expected i.e. choppy and sideways...
    I wonder if number one reason of suicides among traders is indeed bankruptcy. My guess is this is watching market going nowhere for hours.
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    rat89
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    screen shot 2017 02 28 at 10 39 48 am png
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    rat89
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    good question...

    Originally posted by MarcinO

    Nice charts, rat.
    Coming back to Cable.. It is behaving as expected i.e. choppy and sideways...
    I wonder if number one reason of suicides among traders is indeed bankruptcy. My guess is this is watching market going nowhere for hours.
    RA
    rat89
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    think gld saw the area?
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    screen shot 2017 03 03 at 3 56 09 pm png