My Live trades

This is a discussion on My Live trades within the Trading Journals forums, part of the Reception category; that spike on cable was almost like a fatfinger or algo...

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Old Sep 28, 2010, 2:08pm   #316
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Re: My Live trades

wirraltraders started this thread that spike on cable was almost like a fatfinger or algo
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Old Sep 28, 2010, 2:17pm   #317
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Re: My Live trades

wirraltraders started this thread
Quote:
Originally Posted by Lord Flasheart View Post
how on earth are you going to teach someone that,its moving all over the place. Pressing the button at 14.02 is just guessing
Not sure what you mean. It took my SL so I'm pip neutral on cable today so far and approx +70+ pips up on eur/usd as we speak. Spikes of that nature and that fast are not sustainable and if the market was previously bullish and I am bullish on cable as I still am, then any lower price should be seen as a buying opportunity. A lot of other traders will have the same sentiment, which is why presumably I am already in profit on that trade. Any where down here below 15700 today in my opinion is an opportunity - pretty simply really... You've just got to have the guts to actually press the button.. I am however still expecting some volatility during this MPC statement news period
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Old Sep 28, 2010, 2:22pm   #318
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Re: My Live trades

wirraltraders started this thread By the way, the methods I teach for taking 4 hr trades do not include some of the types of trades I take myself - they require a bit more experience to get to this point. I teach a type of trade set up that usually occurs 2 - 3 times a week, but is very high probability, so those guys are only taking that number of trades a week. Not very exciting though for a post of this nature, but very steady.. and they're all doing very well thanks for asking...
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Old Sep 28, 2010, 2:25pm   #319
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Re: My Live trades

wirraltraders started this thread nicely up on the fiber trade so bringing Sl up to -10
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Old Sep 28, 2010, 2:32pm   #320
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Re: My Live trades

wirraltraders started this thread took SL on fiber, waiting now until this volatile period is past
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Old Sep 28, 2010, 2:38pm   #321
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Re: My Live trades

wirraltraders started this thread wish Id bought cable down here somewhere, but there you go thats how the cookie crumbles..
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Old Sep 28, 2010, 3:02pm   #322
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Re: My Live trades

wirraltraders started this thread bought fiber again at 13470 with a 30 PL and 30 SL
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Old Sep 28, 2010, 3:02pm   #323
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Re: My Live trades

wirraltraders started this thread set 50 SL and +30 PL initially
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Old Sep 28, 2010, 3:17pm   #324
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Re: My Live trades

wirraltraders started this thread bringing SL up to - 50 on cable now
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Old Sep 28, 2010, 3:23pm   #325
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Re: My Live trades

wirraltraders started this thread took my PL on fiber for + 30 pips
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Old Sep 28, 2010, 3:25pm   #326
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Re: My Live trades

wirraltraders started this thread That makes me +70 pips up on eur/usd today and I will leave it there for that pair. Nearly b/e on cable so looking for some pisp there
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Old Sep 28, 2010, 3:26pm   #327
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Re: My Live trades

wirraltraders started this thread pips even
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Old Sep 28, 2010, 3:27pm   #328
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Re: My Live trades

wirraltraders started this thread If you're wondering why fiber and cable have just taken off upwards again then no doubt the Fed guys have just mentioned the magic word "QE"
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Old Sep 28, 2010, 3:32pm   #329
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Re: My Live trades

wirraltraders started this thread or to put it another way "lets print some more dollars"
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Old Sep 28, 2010, 3:42pm   #330
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Re: My Live trades

wirraltraders started this thread eur/usd is the star today. Moving like a yen pair
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