Cable 2010

[be-positive]

Trendie you are lucky cannot see out my window for all the birds--t

 

[Vaco]

'kin 'ell!!

4th trade of the day, a short GU. another loss. thats 4 straight losses.

the most succinct comment on my trading today has been left by a local bird.
A great big glob of b1rdsh1t on my kitchen window; which I will now have to clean.

not been a very trend friendly week so far but there will be a big break soon and you will make it up.

1 Q is 60 pips a hard target for you across all pairs you trade?

 

[trendie]

not been a very trend friendly week so far but there will be a big break soon and you will make it up.

1 Q is 60 pips a hard target for you across all pairs you trade?

60 seems a good chunk of a session move, for GU and EJ.
if you eyeball the sessions, you can see you get 1-2 decent trades per session, per pair.
although, I am looking at 30-35 pips from a 20-25 pip risk.

its all about balance, isnt it?
not too many trades that you're fussing over entry after entry, and not too few that you "hope" for a 3-digit runner, only for a move to return to zero/BE.

heres hoping to a decent trend tomorrow!

 

[bedsit]

Better moves today - waiting for correction and continuation for long or reversal for short. No trades for me at the moment.

 

[Vaco]

in long from 6030 stop at BE target 6100

 

[bedsit]

in long from 6030 stop at BE target 6100

If only I got up at 6 - now too late.
So far as I can see fork target round 80. For pivot fans R3 115

PS a bit of a straggle with R2 55
Also news at 9:30

 

[Vaco]

If only I got up at 6 - now too late.
So far as I can see fork target round 80. For pivot fans R3 115

pivots fail more often they they hold and forks are for eating, 6100 is a nice round no and would be within the ave day range with pips to spare if we get there.

Ofcourse I have to survive the pullback first

 

[bedsit]

forks are for eating
Ofcourse I have to survive the pullback first

 

[bedsit]

It seems market in not impressed with the news

Looking for a short entry (next 20min)

 

[Vaco]

not so sure i'm still bullish for now but flat and even

 

[bedsit]

not so sure i'm still bullish for now but flat and even

Sort of counter trend entry (short time)

 

[trendie]

not so sure i'm still bullish for now but flat and even

interesting viewpoint, V.
admittedly, we shouldnt be spooked by news, but, where would price need to be for you to become bearish?

I can see 1.6 as support, etc, but possible range breakout possibility? (1.6009/32)
not that I trade breakouts!

 

[Vaco]

interesting viewpoint, V.
admittedly, we shouldnt be spooked by news, but, where would price need to be for you to become bearish?

I can see 1.6 as support, etc, but possible range breakout possibility? (1.6009/32)
not that I trade breakouts!

a break below the news spike low would make me bearish

 

[bedsit]

I'm out - enough of countertrend this time +30

PS maybe too soon, but didn't like area round 16000 - sort of round number and PA was flying before

 

[Vaco]

i'm out on a long for -16 and in with a short from 6007

 

[bedsit]

i'm out on a long for -16 and in with a short from 6007

I lost my nerve a bit - just taking whatever market offeres. If not would have stayed a bit longer.

Should have moved stop to 23

 

[Vaco]

I lost my nerve a bit - just taking whatever market offeres. If not would have stayed a bit longer.

dot blame you its chopping around a bit

 

[bedsit]

i'm out on a long for -16 and in with a short from 6007

Vaco, nice one so far. Are you going to keep it till 960, or movig stop down to see how far it can go?

 

[be-positive]

short 56 stop 68 targ 44

 

[bedsit]

Was thinking about a long, but not convinced as yet - may be another leg down if it breaks below 938