This is weird. And extremely annoying.

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I STILL have that line drawn on my charts! I may just leave it there forever.

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LOL. That's what I was thinking too: better click quick before it's gone! Ha ha.

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I intentionally turned off the email alerts. It was filling up my inbox. I prefer to just refresh the subscriptions page. But thank you for the alternate idea.

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And I use yet another method: I keep my browser window open to my "subscription" page and refresh it periodically. I find that the subscription page refreshes much more quickly than the thread pages do. The added benefit to this method is that I see ...

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If the cable has an average daily range of 130 pips, then theoretically the price "could" reach 1.9800 today since it is "only" 145 pips away. But that puts 1.9550ish within range also.

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Thank you. I guess I was mainly curious about what timeframe you were using. I use the 30-minute chart to make my actual trade decisions, while using the 5-minute chart to time my entries. I refer to the hour and daily for major trendlines, etc.

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May I ask what you are basing you analysis on? What charts or indicators or fundamentals, etc. Thanks for your insight.

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I didn't say that. I said I drew a fibo. That's all.

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Too funny!

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Ha Ha. I just drew a fibo on a 45-minute chart and guess where the 50% shows up? Exactly at the "dreaded" 1.9777.

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The thing is, I have been bearish for a couple of weeks now, but finally (as usual) "broke down" and BOUGHT some cable yesterday. Now I want out of it!

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Do you have a target for the end of Wave 4?

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Could you please tell me what timeframe (or timeframes) you are using? Thanks!

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From what I have learned regarding news releases, the market doesn't move based solely on THE number that is released. Instead, expectations are priced into the market well ahead of the actual release, sometimes resulting in NO movement if the ...

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I did finally quit reading the news for a while and instead just noted on my calendar when the releases were due. That worked better for me than actually paying attention to what numbers were released. The numbers usually don't make any sense to me ...

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And who among us hasn't thought that thought at the beginning of our trading careers? "If I would just do the exact opposite of what I think I should do, then I would be a millionaire by now."

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This response may not help you much, but I gave up long ago trying to "make sense" out of the market's movements following news releases. I would say that 99% of the time, the price does exactly the opposite of what I think it should do based upon ...

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It ALSO bounced off of 1.9754, which is a price Monarch had on his radar two days ago.

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