Best Thread Live Cable Trading

that link thing dosent work me !
I keep entering "drain my oil sump" and they just hang about posing.
ditto "I'll have the premier servicing, my goodly wenches".
bloody mechanics.

anyway, FC, one for you.
I have 298 days worth of daily data derived from hourly data on the cable.
I have identified the time of the day that the High and Low are hit.

Of the data: I am only interested when the number exceeds 20.

I get: Highs are hit;
43 times at midnight-1am.
24 times at 8am-9am bar.
20 times 13-14 bar.

thats 87 highs in 298 days, rest split across remainder.

Lows are hit:
39 times at midnight-1am bar;
21 times 13-14 bar.
23 times 15-16 bar,.
thats 83 times, rest split across remainder.

The 13-14 bar seems to get hit as the High of the day, or the Low of the day more often than chance would allow.

worth following up ? ( if nothing else, may help to identify exits and reversals ?? )
 
have already noticed something along those lines T...

what i came up with was... pick a direction at random at midnight...

enter a stop, and let it run until the end of the day...

as you noticed, the high/low occurs a lot of the time in this bar..so lets assume that it will always be a low...

then go long at the hours close , with a stop just below that hour's low..

not sure whether it gains enough point to beat spread... and also, try trading that one after a few pints in the evening.....
 
trendie said:
that link thing dosent work me !
I keep entering "drain my oil sump" and they just hang about posing.
ditto "I'll have the premier servicing, my goodly wenches".
bloody mechanics.

anyway, FC, one for you.
I have 298 days worth of daily data derived from hourly data on the cable.
I have identified the time of the day that the High and Low are hit.

Of the data: I am only interested when the number exceeds 20.

I get: Highs are hit;
43 times at midnight-1am.
24 times at 8am-9am bar.
20 times 13-14 bar.

thats 87 highs in 298 days, rest split across remainder.

Lows are hit:
39 times at midnight-1am bar;
21 times 13-14 bar.
23 times 15-16 bar,.
thats 83 times, rest split across remainder.

The 13-14 bar seems to get hit as the High of the day, or the Low of the day more often than chance would allow.

worth following up ? ( if nothing else, may help to identify exits and reversals ?? )


"Drain my Oil Sump" Is that wot you call it round your way ?? Nice :cheesy:

On a serious note, this ties in with some stuff on the Hans thread where they said the morning session was more profitable.... implying the afternoon session had some false signals... i.e. you're buying into the high of the day and vice versa.

Edit:- A viable system seems to be something along the lines of pick a reverse direction at 1 pm.... stop of 40.... target of 100 and hope the wining days=losing days. That way pips would be made on the ratio of winners being > 2* losers.

"Fire and Forget" I think you called it.
 
Blimey I come back and there's 4 pages off peeps fiddlin their shorts n strokin longs and thats without the barman gettin his portion
 
ok, watch it fly now...

im out for -2, -4 for the day, +43 for the week..

roll on tomorrow..
 
Last edited:
All trades now exited, Not quite the sub 800 expected but there is always tomorrow
 
trendie said:
hans123: both cable ranges in place:

( values include the 5-pip add-on )
5-9am range:
Short=1.7812;
Long=1.7857

9am-1pm range:
Short=1.7822;
Long=1.7939.

so far: I get the morning range triggered: it rose sufficiently for the S/L to be set to B/E. ( no risk trade )

Am I doing this right ?

Any results from yesterday?
 
Mrng
Im short 882 looking for 780's then 980's

As always will scale out and move stops as price moves in favour
 
dc2000 said:
Mrng
Im short 882 looking for 780's then 980's

As always will scale out and move stops as price moves in favour

Good luck. I suppose Big Ben is long now? PS. Where do you place your stop?
 
Baruch said:
Good luck. I suppose Big Ben is long now? PS. Where do you place your stop?


It is, but it's smack bang in the middle of Cam H3 - H4 .... so as a range breakout it might be curtailed by H4.

Also we've already had a look back below H3.... so it's touch and go today. No different to any other day then !!
 
Baruch:-

The results of 01/25:

EUR/USD:
long at 1.2293, stopped out by SL, result -41 pips
short at 1.2276, closed at 24.00 CET, result +34 pips
short at 1.2252, closed at 24.00 CET, result +10 pips

GBP/USD:
long at 1.7857, stopped out by moved SL, result 0 pips
short at 1.7834, closed at 24.00 CET, result +5 pips


Total for the day: +8 pips
Total for this month: +313 pips

Hans
 
Kaffee said:
It is, but it's smack bang in the middle of Cam H3 - H4 .... so as a range breakout it might be curtailed by H4.

Also we've already had a look back below H3.... so it's touch and go today. No different to any other day then !!

What is Cam H3 and H4? :?:
 
Baruch said:
What is Cam H3 and H4? :?:

Baruch,

you have the attention-span of a goldfish :cheesy: :cheesy:

Kaffee: thanks for being the hans123 logger.
 
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