cable move

klw

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Anyone any idea why cable moved so violently downwards at 7.56 a.m. ( gmt ) ? 122 points in 2 minutes is good even by cable standards but not funny if you were long.
 
Anyone any idea why cable moved so violently downwards at 7.56 a.m. ( gmt ) ? 122 points in 2 minutes is good even by cable standards but not funny if you were long.

Yep my fault sorry....closed out a trade on a spreadbet account...looks like it sent the markets into a tailspin :LOL:
 
It was a dodgy algo, rabobank trying to sell 3 mil it tried to sell 3 yards, they managed to halt it after 400 :LOL:
 
Anyone any idea why cable moved so violently downwards at 7.56 a.m. ( gmt ) ? 122 points in 2 minutes is good even by cable standards but not funny if you were long.

Ever heard of a stop loss?
 
Ever heard of a stop loss?

Dutch fat finger rumour, it was a good short setup anyway was at daily high and perfect setup on 5 and 15 min if you look. I wasn't in - not up yet and I'm trading long only but it moved so quick you'd have been slipped like a mother anyway.
 
Anyone any idea why cable moved so violently downwards at 7.56 a.m. ( gmt ) ? 122 points in 2 minutes is good even by cable standards but not funny if you were long.

Well, should be holding short positions in cable anyhow for next few weeks !

SELL,SELL,..... SELL ! :cheesy:
 
Funny how I made 90 pips on a long yesterday then. To paraphrase someone, trade what you see.

Yes, you can trade both ways, but inter weekly I anticipate lower cable. So if one wanted to lob a position on and forget it, then it should be to the sell side.


Intraday sessions, yes, up down trends up to 4 times per day. Lots of ops, just trade the timescale that suits your personal preference .


well done on the pips !
 
Ever heard of a stop loss?

Hi Hoggums -- I have heard of a stop loss believe it or not and guess what,I wasen't actually in a cable trade,it was just a general comment looking for some info. I like comic answers I don't mind guesses but your answer is pretty useless to me from someone who obviously has a character flaw.No wonder I don't post on here very often.
 
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