Best Thread Live Cable Trading

[JonnyT]

Anyone fancy this continuation short? Target 1.7630

JonnyT

 

[Wallcrawler]

Anyone fancy this continuation short? Target 1.7630

JonnyT

Very possible from the look of things... It seems to be going through a brief consolidation on the 5 min chart and then some decline should follow... Shall see!!!!! - You in a current position right now?

 

[badtrader]

the best way might be to fade your own trades ?

I be down 400 pips last week if i done that I would not fade if me,I was you :cheesy:

 

[trendie]

thats more like it guys !!

a few more posters, makes this a more interesting thread.

Jonny, can we convince you to post again ?

 

[JonnyT]

The 7am system just gave me another 30 pips.

JonnyT

 

[YachtFund]

The 7am system just gave me another 30 pips.

JonnyT

Got that one, thanks.

 

[Kaffee]

The 7am system just gave me another 30 pips.

JonnyT

Eh ?? You posted this at 6.53 ?! How could youl have traded at 7.15 ?

 

[YachtFund]

Eh ?? You posted this at 6.53 ?! How could youl have traded at 7.15 ?

The clocks wrong on the posts, I posted mine at 6 mins past 8.

 

[JonnyT]

The clocks are one hour out. I've never understood this!

JonnyT

 

[trendie]

oh, go on then.

short 1.7759.
stop-loss=1.7835. EDIT: ( recent high, poss resistance )
target=1.7655. EDIT: ( recent lows, poss support )

stopped out overnight. added 76 to Badtraders Aston Martin Fund.

 

[Zinger]

I might be a newbie but I know how to have the correct time displayed! Click on User CP below the thread title, then click on edit options and scroll down to set the correct time zone...........

Interesting thread; as a full time trader, I look forward to contributing and wrong footing Badtrader...

 

[JonnyT]

Yeah, been there, done that several times but I'm always 1 hour out.

JonnyT

 

[mezarashii]

hi ,

long time trader new to short term trading the pound. I have noticed 15 minute charts are the shortest time frame one can trade with and effectively overcome the spread. What are your thoughts?

 

[trendie]

hi ,

long time trader new to short term trading the pound. I have noticed 15 minute charts are the shortest time frame one can trade with and effectively overcome the spread. What are your thoughts?

I am quite flexible, and can lose money in all timeframes, but 30-mins is my favourite.
( I agree: otherwise the spread is too great a proportion of the potential reward )

 

[ChowClown]

hi all,

Here's my trade so far today (15 min timeframe, Mez), for you to pull apart :cheesy: I'm only trading with the trend atm from retracements. Still 'working' full-time, so only manage 1 or 2 trades a day...as i type, a 2nd long trade beckons....not there yet though and anything could happen.

gl

 

[badtrader]

Long cable 1,7749 target 18 pips stop 15 pips

 

[badtrader]

if i enter just 2 min later I would have had a much better fill.well thats the market for you, trade still looks good

 

[ChowClown]

...same entry badtrader. Sorry for the delayed post. Will be the last one today from me.

Entry: 1.7849

Stoploss: 1.7820

Target: 1.7896 (initially)

gl

 

[JonnyT]

Just helped myself to 29 pips.

Looks like we all did well here.

Thats over a ton for today!

JonnyT

 

[ChowClown]

Nice one JT. Looking for 7950 on this one.