Best Thread Live Cable Trading

[jacinto]

fyi

BULLET: MNI CABLE TECH: 1-month Support Line Eyed At $1.8175.
MNI CABLE TECH: 1-month Support Line Eyed At $1.8175 Near-Term
RES 4: $1.8530 Daily high 19 June
RES 3: $1.8470 Hourly high
RES 2: $1.8370 Breakout level & 38.2% of $1.8303 to $1.8469
RES 1: $1.8320 Daily low 13 June
CURRENT LEVEL: $1.8285
SUP 1: $1.8260 Daily high 28 Apr
SUP 2: $1.8210 Daily low 1, 2 May
SUP 3: $1.8195 Daily Bollinger band base
SUP 4: $1.8175 Support line from May 26
COMMENTARY: Cable remains on the ropes and break below $1.8260 now
leaves downside vulnerable to $1.8210, which is level that held downside
in early May. Below here, risk is to the daily Bollinger band base at
$1.8195 and a 1-month projected support line at $1.8175. Key downside
target is at $1.8130 -- 50.0% of March to May rally.

Provided by: Market News International

 

[marmoset]

According to Saxo Bank there should be a lot of bids around 50. Maybe a option barrier. Offers at 90-95.

Now that's useful info! Got a link?

Out at b/e, christ that was grueling...

Should have gone two-way on it, but then again, I'm trying to kick that habit, seeing that I'm very likely moving over to Oanda. Gotta learn to go whole hog one direction at a time.

Off to bed, had a terrible workweek. Demanded a transfer from bossman, got it, so from the 1st of October I'll be helping grannies find the "any" key

 

[jacinto]

Now that's useful info! Got a link?

Out at b/e, christ that was grueling...

Should have gone two-way on it, but then again, I'm trying to kick that habit, seeing that I'm very likely moving over to Oanda. Gotta learn to go whole hog one direction at a time.

Off to bed, had a terrible workweek. Demanded a transfer from bossman, got it, so from the 1st of October I'll be helping grannies find the "any" key

BULLET: CABLE: traders suggest that $1.8250 may hold an......
CABLE: traders suggest that $1.8250 may hold an option barrier, expected
to strengthen earlier reported demand interest placed between
$1.8265/50.

Provided by: Market News International

 

[Baruch]

Now that's useful info! Got a link?

Out at b/e, christ that was grueling...

Should have gone two-way on it, but then again, I'm trying to kick that habit, seeing that I'm very likely moving over to Oanda. Gotta learn to go whole hog one direction at a time.

Off to bed, had a terrible workweek. Demanded a transfer from bossman, got it, so from the 1st of October I'll be helping grannies find the "any" key

No link, sorry, because Saxo Bank sends all those kind of info out via their dealer chat.

 

[jacinto]

No link, sorry, because Saxo Bank sends all those kind of info out via their dealer chat.

23 Jun 2006 07:50 GMT


BULLET: CABLE: One trader mentions that a 'sharp' Asian name.
CABLE: One trader mentions that a 'sharp' Asian sovereign name was a
noted buyer on the recent dip back to $1.8270/65, strengthening
suggestions that an option barrier at $1.8250 is drawing protective
demand ahead. Rate pushed back up to $1.8280 but eases back on system
account sales to retest $1.8270.

Provided by: Market News International

these are bullets sent out from a Dow Jones information service. sometimes they are quite accurate.

 

[marmoset]

No link, sorry, because Saxo Bank sends all those kind of info out via their dealer chat.

Hmmm, dealer chat, now that would be nice to have. CMS lets you chat with their helpdesk, but not with the dealer desk

 

[Baruch]

Hmmm, dealer chat, now that would be nice to have. CMS lets you chat with their helpdesk, but not with the dealer desk

Saxo Bank has some very nice dealer girls you can chat with in the night if you are feeling lonely... :cheesy:

www.saxobank.com

 

[marmoset]

Drifting in and out of bed, scalping a wee bit here and there:
was short at 46, out at 42: +4
was short at 35, out at 28: +7

Tally: +41 (hmm, exactly what I made in Tokyo)

 

[wasp]

What a lovely easy textbook flag and drop........ Lovely way to end the week

 

[dc2000]

a nice 110 will do me

cheers for the star Gap

 

[Gap Man]

a nice 110 will do me

cheers for the star Gap

:cheesy:

Came out b4 the numbers myself - made up for yesterday though

 

[dc2000]

have also jumped which has me at breakeven after yesterdays error

I should stick to rules

 

[leovirgo]

have also jumped which has me at breakeven after yesterdays error

I should stick to rules

Hi DC, so you still have upside target for DOW?

 

[dc2000]

the target is still there but not for the imediate future I have todays action at 11014 -10895 -11023

 

[Baruch]

Question for right now: will this turn into a Big Ben? It has the makings: Pre run-up, down day before, very flat Tokyo.

Then question for the day: sideways awaiting Durable Goods at NY open?

It was not a Big Baruch because the BO in Cable was not confirmed by Euro. But the downmove was.

 

[hornblower]

gbp/usd
On the 2 year weekly chart it looks like its returning to 1,7803 - 1,7237
on a 1 year 4 hour chart , cci the red down bars are not shorting , several other indicators show a down trend
dose this indicate that the down trend will continue for a while ?
not to good at this long term stuff
I would appreciate some input from you guys ( and girls ) on this

 

[wasp]

a possiblity...

Heres a possibility.....

How long it takes is another story...... (if it does)......

 

[hornblower]

the long term indicators ( lagging ) show a continued down trend for the moment

 

[wasp]

I do think the 7920 area is highly likely... 3 points of S/R there in the last year or so and the 61.8 Fib level. Theres not much in its way on the way down, well, not apart from that major trendline and the few big S/R levels.... But still....

 

[hornblower]

I do think the 7920 area is highly likely... 3 points of S/R there in the last year or so and the 61.8 Fib level. There's not much in its way on the way down, well, not apart from that major trend-line and the few big S/R levels.... But still....

I was looking at the elm trader thread
had a look on there web site
Elm trader say that they look at s/r and seasonal trends , and that started me looking at the longer term charts