Cable 2010

[bedsit]

thanks guys

but seriously just having a good run, remember i made nothing mon-wed

I don't think anybody can make it all the time. I guess I was lucky last few days.
IMO most important is money management.

Also I have set of rules, like: If in any trading day I make 2 losses, I'm out of trading for the rest of the day (that way force myself to look for good set ups)

Also max amount I risk per trade is 2%.

Haven't broken the rules lately.

You can brake the rules sometimes, but they would brake you eventually (if you don't follow them):smart:

 

[bedsit]

Funny trade: very rarely I trade after 4pm, but this time just doing some research and realized how low the GU went. First I was tempted to go short, but after thinking about it (how far it went) opened a long - at the very bottom (10 pips risk). So far 40pips -looking for some more

Fridays are strange days for trading, aren't they?

Temting to close it - +60, or should I wait for some more - I like this dilema

I don't know what time is market closing - may close it - don't want to be in it over weekend

Closed +70

 

[Vaco]

morning all,

cable very slow this morning, not liking it at the moment

 

[bedsit]

Good morning

Good thing - I woke up late. Othehwise I would have already lost one trade.

May consider short later on unless it breaks up. Lost a bit of trading enthusiasm.

 

[Vaco]

yeah my count is 1 lost 1 be and 3rd one on.

'Lost a bit of trading enthusiasm'

whats that all about???

 

[Vaco]

looks like weve got stuck in another tight range, this looks like its gonna be hard work today :rambo:

 

[bedsit]

yeah my count is 1 lost 1 be and 3rd one on.

'Lost a bit of trading enthusiasm'

whats that all about???

It's only because of that potential loss. Anyway I'm following charts, waiting for a short - at the mo indecisive PA.

 

[bedsit]

Short 580 stop 603

What a boring trade

Out +20 (after nearly 2 hours)

 

[bedsit]

Had lot's of problems logging in this morning.
Could have posted my trade: short at 625, so far +45

Out +50

 

[bedsit]

Long at 575, stop 563

highly speculative - trying to catch the bottom (12p risk)

out -12 (Price went 0.6 pip below the stop - funny)

One more losing trade today and I'm out of action - going for good set ups - looking for a trend change

 

[temporarilylight]

long cable here at 1.5577 - 25 pip stop

 

[bedsit]

long cable here at 1.5577 - 25 pip stop

That's a reasonable stop - I guess I was too tight with my stop.

 

[bedsit]

Can't resist - new long at 570 stop 558

 

[bedsit]

That was quick - 15 min

out +25

now looking for proper trades - long (change of trend?)

 

[temporarilylight]

long cable here at 1.5577 - 25 pip stop

out half here for +20

 

[bedsit]

limit long 603.2 stop 574

 

[temporarilylight]

long cable here at 1.5577 - 25 pip stop

out rest here at 1.5608 for +31

 

[bedsit]

limit long 603.2 stop 574

went like a missile
out +25

I guess I tend to get out too early - need to work on patience

 

[JER08]

should take out 5660 either today or tomorrow.

 

[bedsit]

should take out 5660 either today or tomorrow.

Hi JER,
I'm sort of short time trader - just following short trends (15m candle)
Just had a look at bigger tf - eveything pointing to a downtrend - guess if it takes 5660 may be sort of trend reversal.