Currency Trading (Nov 27th - Dec 1st)

Where will Cable Fly to this week

  • Above and beyond the sky--500

    Votes: 6 35.3%
  • Range trade within in the clouds ie the same-

    Votes: 5 29.4%
  • Back to the seabed--below 150 pips

    Votes: 2 11.8%
  • Does not make a difference...

    Votes: 4 23.5%

  • Total voters
    17
  • Poll closed .
ChowClown said:
Morning all,

vebo orders 9792.9 long, 9672.5 short. Another large Asian range, so vebo unlikely to deliver the goods again today, but i accept the risk.

My 60min trend signal = weak long and under further pressure now. Will wait for the 9am open and if still signalling long look for a 5min entry.

Good luck all.
..i is now short vebo...c'mon, let's have a good'un today....for a change!
 
Ok, UK PMI was well down on expectations, 52.6 as opposed to 53.8. Not much movement on Cable though.
 
ChowClown said:
..i is now short vebo...c'mon, let's have a good'un today....for a change!
...looking a tad better, all being well the hrly close will confirm short trend for a while....
 
you have tooooo much time on your hands Baruch

for me still short looking to hit target 1to 1:30pm given expected Dow movement
 
Morning all,

Woke up to a pleasant surprise for my overnight long from 9524. I've now reversed to short at 9710 so that was a nice 186 pips :cheesy:

As long as we don't get too much whipping around today I'll be content.
 
ChowClown said:
Nice a_g. You make it sound easy :)

Just following the system which happens to excel in such strongly trending market conditions. When things get back to normal it will be a lot tougher and I suspect your version of VEBO will work a lot better.
 
dewi141 said:
out at 9650 for +100, small short at same price, target below 9600
stopped out above 97. No posiiton now - will wait until after pmi figs before trading again (if at all today)
 
gonna have to cover my attempt at a swing short here. Big loss. never mind. Gonna need some new indicators. This baby ignores overbought / oversold.
 
Its just incredibly to watch it skyrocket like this, it's like it will never go down
 
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