anyone trading cable 2013 - lets roll

[BeginnerJoe]

Am I the only one trading cable ? Here, I can even show a statement of my trades. Trading can be so much work, a bit like running a fruit and veg stall. It's not the slightest bit like placing a bet on the roulette table.

 

[cablemonster]

long 10.6

 

[cablemonster]

stops set @ 82s looking for +25 pips.

 

[BeginnerJoe]

long 10.6

Glad to have company. But the news event at 15:00 might disrupt the fun.

 

[tar]

Am I the only one trading cable ? Here, I can even show a statement of my trades. Trading can be so much work, a bit like running a fruit and veg stall. It's not the slightest bit like placing a bet on the roulette table.

People run fruit & veg store don't sleep during rush hour

 

[Talbs!]

People run fruit & veg store don't sleep during rush hour

haha v good !

Cable holding on on the 4 hour chart, could see us up to 1.58 at some point !

im long at 1.5700 and 1.5725 stops below the low

 

[BeginnerJoe]

People run fruit & veg store don't sleep during rush hour

Firstly, I am a big fan of the casino, and casinos usually open in the night. Secondly, I am a more experienced fruit and veg trader than you (observe my posts in the early days when fruit picking and fruit tree pruning was already a major budding theme), so I know for a fact the rush hour for fruit and veg trading isn't always where you think it is. I think there is a fair chance that there will be a major fruit and veg action while you zz z z today.

 

[tar]

Firstly, I am a big fan of the casino, and casinos usually open in the night. Secondly, I am a more experienced fruit and veg trader than you (observe my posts in the early days when fruit picking and fruit tree pruning was already a major budding theme), so I know for a fact the rush hour for fruit and veg trading isn't always where you think it is. I think there is a fair chance that there will be a major fruit and veg action while you zz z z today.

Is that the reason why you missed the 100 pips + spike on cable today while sleeping

 

[BeginnerJoe]

Is that the reason why you missed the 100 pips + spike on cable today while sleeping

When it is missed, it is missed. There's always more on the way. I did miss the spike before that one too. Had I been around for both, my position would look very nice indeed. But the game isn't about catching spikes, I stated as much about my trade secret.

 

[the hare]

But the game isn't about catching spikes.

Knowing when luck is on your side and capitalizing on it is another tool you should put in your box (ooh err missus)

 

[tar]

When it is missed, it is missed. There's always more on the way. I did miss the spike before that one too. Had I been around for both, my position would look very nice indeed. But the game isn't about catching spikes, I stated as much about my trade secret.

It wasn't a random spike , it was during Carney's speech in his scheduled testimony

 

[bbmac]

More ' levels ' BobbyBB !

3 fib cluster around the current post Carney remarks daily hi (5767) being 61.8% 5845-5630/50% 5891-5630/23.6% 6179-5630...the pullback from there finding some support at the previous 1hr swing hi zone at the 61.8% of the 5630-5767 move up.....current near term 1hr as I see it is below. Yesterday's range was only 46pips which is less than 50% of 20 day atr, today so far 122 which is 117% of 20 day atr.

G/L

 

[BeginnerJoe]

It wasn't a random spike , it was during Carney's speech in his scheduled testimony

I consider the spike to be minor. It would be nice to catch but ok to miss. My ambitions are in a different league to the pot-shot'ers.

 

[BobbyBB]

Ever thought that the spike was a plot put into place by the few namesless traders that often, but not always, control Cable? They use the news to their advantage...

 

[BeginnerJoe]

I am not adding more until the big boys run you guys out.

 

[bbmac]

Would that be:

They didn't used to work on Libor did they ?

G/L

Ever thought that the spike was a plot put into place by the few namesless traders that often, but not always, control Cable? They use the news to their advantage...

 

[BobbyBB]

Would that be:

They didn't used to work on Libor did they ?

G/L

Nope, there are few rules to break in the FX market but it is theft of a kind - the theft of other traders' positions and to do that they need to paint the tape :cheesy:

 

[bbmac]

Just updating charts before power down for the night...Price has been in a 44 pip range since 1130am london time as I write this...off the post Carney react 5767 Hi - it has consolidated getween the pullback lo at 61.8% 5630-5767 (5682) and 5723...Likely to see a fractal swing L at that 5630 low on the daily as a result of the close of today's daily candle but no upside breech of the descending trendline or last LH on that t/f yet.

Current 1hr is below

G/L

 

[VielGeld]

Long 1.5715.

Tg: 1.575

 

[cablemonster]

Out for +25.0