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    AL
    albert
    Rep: 99
    Posts: 3,094
    0
    Starting it off.

    Al
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    Cable (6B H18) may need one more leg down before continuation to the upside. Potential support at 1.3515 and 1.3490.

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    6b 2018 01 01 png
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    They sent it to new high instead, but if a larger correction has already started ( i guess it has), support areas are pretty much the same as posted above.
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    Five hours in 30 pips range. Yeah, that's the Cable I know...
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    Over six hours now...
    Die pig, die! (to quote one famous trader)
    RA
    rat89
    Rep: 0
    Posts: 7,015
    0
    doesn't get any better than this:

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    screen shot 2018 01 02 at 10 13 01 am png
    RA
    rat89
    Rep: 0
    Posts: 7,015
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    screen shot 2018 01 02 at 11 01 30 am png
    AL
    albert
    Rep: 99
    Posts: 3,094
    0
    rat, cool.

    Al
    RA
    rat89
    Rep: 0
    Posts: 7,015
    1
    likely the end of wave (1) of minor 3.....look for a wave (2) pullback and then a sweet (3) of 3 up


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    screen shot 2018 01 03 at 9 43 34 am png

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    screen shot 2018 01 03 at 9 43 41 am png

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    screen shot 2018 01 03 at 9 43 49 am png
    RA
    rat89
    Rep: 0
    Posts: 7,015
    0
    aapl could be done......eyeing a retest or possibly a marginal new high before they hit it....I believe the ta term is "die, pig, die!" ;)
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    screen shot 2018 01 03 at 10 11 59 am png

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    screen shot 2018 01 03 at 10 18 09 am png
    RA
    rat89
    Rep: 0
    Posts: 7,015
    0
    almost forgot this: retest at fib and line
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    screen shot 2018 01 03 at 9 49 55 am png
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    Nice jump on data. My 'target' (we all know that KT methodology does not include targets, just areas of concern, where one may think of closing a position if price gets there and starts to reverse) levels are 1.3660-70 and 1.3690.
    Originally posted by MarcinO

    It dropped to 55 and gave reaction. Let's see if upward move sustains Nonfarm Payroll data release at 8:30 EST.