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

Al
MA
MarcinO
Rep: 67
Posts: 5,506
It's terribly slow, but most likely will break a bit more to the downside.
1.4140-50 is an interesting area.

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MA
MarcinO
Rep: 67
Posts: 5,506
1.4250-60 is good spot to short Cable, but a bit more confirmation is still required.

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MA
MarcinO
Rep: 67
Posts: 5,506
And it broke to the upside.
I don't know what is going on apart form that the market is dead most of the time and when it moves it's completely different than usually.
MA
MarcinO
Rep: 67
Posts: 5,506
Finally some moving. 1.43 and 1.4370-80 are next levels.
MA
MarcinO
Rep: 67
Posts: 5,506
One thing is really strange. Yesterday Cable broke above key TL on a daily chart. Right now is about 50 pips below this year's high at 1.4370 (Januray the 25th), ready to test it.
And guess what - dynamics is pretty low despite a trending move, volume well below average.
Where is everybody?


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RA
rat89
Rep: 0
Posts: 7,015
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AL
albert
Rep: 99
Posts: 3,094
Marcin and rat,

Great charts and analysis!

Al
AL
albert
Rep: 99
Posts: 3,094
Paper trading. Made a bit on AEO in the upmove at the OPEN. Made a bit on AEM. Lost some on GM by trading against the 0.886 fibo retrace, and roofer's "Beauty and Simplicity," DOH! Made some on HES, including a call option. On HES, I liked the 0.618 fibo at the STO Trough after the Gold Cross.


Al :--)

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