Best Thread Live Cable Trading

[zuke]

short @210 for 30 pips target and stop

 

[Baruch]

Im still long @185...it'll interesting to see if it can rally after yesterday's debacle.

Are you sure? Your stop at @155 must have taken you out tonight...

 

[zuke]

Forgot about the Retail data closed trade for +2 pips

 

[zuke]

Are you sure? Your stop at @155 must have taken you out tonight...

Sorry, you are right..I just checked..it went 51 offered..oh well

 

[JonnyT]

I'm not short yet, still waiting the opportunity which is coming.

JonnyT

 

[Baruch]

Forgot about the Retail data closed trade for +2 pips

No surprises with retail data - seems that some big traders in the market calculated with a big surprise number?

 

[zuke]

No surprises with retail data - seems that some big traders in the market knew that?

Guess so...looks like my short would have been ok..but..hey ho..on to the next trade.

 

[JonnyT]

All aboard the sinking ship cable?

 

[Baruch]

zuke,

Sorry - changed my comment to a better one. :cheesy:

PS. Didn't trade this one - I need a surprise to trade news.

 

[zuke]

zuke,

Sorry - changed my comment to a better one. :cheesy:

No matter...Im sitting on my hands at the mo..waiting for me signal.

 

[Baruch]

No matter...Im sitting on my hands at the mo..waiting for me signal.

zuke,

What signal? What makes it? :?:

 

[zuke]

zuke,

What signal? What makes it? :?:

Now that would be telling Just a simple breakout strategy that I use at this time of the trading day using 15 min chart for entry and 30 min/hourly for setup. I get to scalp 20 to 30 pips usually.

 

[Baruch]

Now that would be telling Just a simple breakout strategy that I use at this time of the trading day using 15 min chart for entry and 30 min/hourly for setup. I get to scalp 20 to 30 pips usually.

OK, so you use MA or what?

 

[JonnyT]

Well, this is the time of day that a trend normally sets in...

 

[Baruch]

Well, this is the time of day that a trend normally sets in...

So late in the morning? I think most days it starts earlier - but was waiting for retail sales today. What GMT time does London start trading?

 

[JonnyT]

Check your charts.

Pretty rare for a trend to be set prior to 9am

JonnyT

 

[Baruch]

Check your charts.

Pretty rare for a trend to be set prior to 9am

JonnyT

9 am?! But it's 10.23 am GMT now... :cheesy:

 

[rav700]

A 50 pip move what was that????

 

[JonnyT]

Yep, and a minor uptrend was broken. However it may reestablish.

JonnyT

 

[Mornington Crescent]

rav

fib rejection