anyone trading cable 2013 - lets roll

[bbmac]

offers

Hit those touted offers at 5770/75 dead on 23.6% 6100-5673 and just beyond yesterday's hi...gbpusd seems more in tune with eurusd today ?

Bulls seem in control for now in this pairing...will see what happens and respond accordingly.

G/L

 

[cablemonster]

short 79.4

 

[cablemonster]

just trading what should be a small reaction here.

 

[cablemonster]

I stepped in at 80's as we had a deep test of prev H1 S/R coupled with a 50% fib @ 82s plus divergence of the shorter timeframes. history tells me we should get a tradeable reaction of these levels, I am not greedy (in this case lol) just looking for 10 pips or so.

 

[cablemonster]

4 bounces off the fib @ 82 so far. lolol.

 

[chaselancaster]

4 bounces off the fib @ 82 so far. lolol.

also 61.8% fib of the 5852-5673 move there too.

Hope it works out for you.

 

[cablemonster]

also 61.8% fib of the 5852-5673 move there too.

Hope it works out for you.

good spot mate, I see that now.

 

[cablemonster]

perhaps holding through the data wasnt the best plan lol

 

[cablemonster]

not proud i have held this trade but looks like I will bank pips now.

 

[cablemonster]

out for +6.8

 

[cablemonster]

i have got an order in to short if price reaches 93's, looking for 10 pips profit, 12 pip stop.

 

[BeginnerJoe]

More short 1.57842.

 

[cablemonster]

More short 1.57842.

so far only entries BJ? what's your strategy keep averaging in until it comes good?

 

[bbmac]

After my own trading session finished - I see a further run up to those earlier touted offers 5790-00 (23.6% 6179-5673 shown on 4hr pic below) and Daily R1 there too @/around that current hi - a sell off from there down to the previous 1hr/4hr swing hi and resistance becomes support - will there be a with 1hr opa uptrend follow thru or will the 4hr/daily opa downtrend continue ? - Is the HL in 4hr an early sign of breakdown in it's opa downtrend ?

G/L

 

[cablemonster]

i am in short 93.0 touch trade

 

[cablemonster]

i have applied for an account with hirose, got sucked in by a T2W banner ad. They seem fine under test conditions and 0.9 pip spread is good unless you have deep pockets and get access to a tighter spread. That said if I do more touch trades an ECN may be more suitable than a dealer based offering as you can sell on the offer and buy on the bid.

 

[cablemonster]

so we got deep test of H1 prev S/R, fib @92s, triple divergence on lower time frames, stop tucked behind round number @ 05s, target 10 pips. kinell bud mate it aint rocket science.

 

[BeginnerJoe]

so far only entries BJ? what's your strategy keep averaging in until it comes good?

Mine are fractional positions.

 

[cablemonster]

Mine are fractional positions.

i like it BJ. I look forward to seeing the statement when you are done :clap:

 

[cablemonster]

Mine are fractional positions.

i think you mean fictional. sorry mate couldnt resist that one. good luck with it mate.