FX trading Aug 20 to 24

[Atilla]

sorry too about that oiltanker, hope you get better.

impressive moves. yen pairs are the bizzo ATM if you ask me. havent paid much attention to cable myself, although today it gave its good set of profits.

Hi guys,

Where is cable going?

Didn't pickup on it at 1.98 and it's already through $2.

Now I'm pondering...

Ok done the dirty deed. I'm long @ 2.0060, No SL. Target 2.01

 

[Offshore Trader]

Long overnight trades at 2.0055 and 157.97. Got a horrible feeling that I'm going to get stopped out on both tonight...........

 

[Atilla]

Long overnight trades at 2.0055 and 157.97. Got a horrible feeling that I'm going to get stopped out on both tonight...........

Hi Offshore, I hope you didn't. I just closed mine perhaps prematurely but I'm done for the week and so closed my pos just now for +73 pips will do me fine.

I've noticed with CMC my SL always get blown out. Unless I catch a fall or a rise midflight that's it. I may as well try and catch a falling knife.

As I can't watch the screens all day now I go with the long term daily and 4 hourly charts.
When I feel confident don't bother with SL.