Cable 2010

[Alexbabwa]

long 85. S1/R1 daily pivots are usualy useless but its pretty oversold im thinking, exceeded my bollinger bands as well stopped -10

 

[User]

long 85. S1/R1 daily pivots are usualy useless but its pretty oversold im thinking, exceeded my bollinger bands as well

Falling Knife

 

[Alexbabwa]

short 50

omg longest trade ever! out +4

 

[bedsit]

May be early, but I'll look for a short round R1 (163). I'll see how it goes. Daily range already more than 170 pips.

There is a down trend line on large tf round that area if I'm not mistaken

short 165 stop 183

 

[Black Swan]

May be early, but I'll look for a short round R1 (163). I'll see how it goes. Daily range already more than 170 pips.

There is a down trend line on large tf round that area if I'm not mistaken

short 165 stop 183

nice technique...

 

[bedsit]

nice technique...

Thanks - at the moment not sure if it's going to work.
15m still up trend - this is more like a top catching

 

[Black Swan]

Thanks - at the moment not sure if it's going to work.
15m still up trend - this is more like a top catching

Sorry bud thought you took it when it went through R1 at approx 13:30/35, thought you'd banked pips, moved on...looks like it may 'appen again, good luck with that..

 

[bedsit]

out 1/2 position at 150

 

[Alexbabwa]

i am waiting to go short also, but waiting for clear trend reversal. gd luck

 

[bedsit]

i am waiting to go short also, but waiting for clear trend reversal. gd luck

I was a bit impatient, it was against the trend but very close to that down trend line.

 

[bedsit]

out remaining 1/2 at 165

Now, I'll wait patiently for a trend reversal

It looks like there is no trend reversal any time soon

 

[Alexbabwa]

im liking this, going short if it peeks below the daily R1

short 195
stop 221

 

[bedsit]

FOMC rate decision may cause some wild moves later on

 

[bedsit]

im liking this, going short if it peeks below the daily R1

short 195
stop 221

Alex are you waiting to hit R1(163)

 

[Alexbabwa]

yeah pretty much, target is +20 which would have been hit but didnt put limit order in. Stop at breakeven now

stopped

haha unbelievable. I thought i switched my stop but i just made a new one at 195, so when that price just shot to 250 it triggered a buy at 221. Quick 20 pips there thats the second time ive done something like that, scary

 

[bedsit]

all the way to the moon (very soon)

 

[Alexbabwa]

short 330, stop jsut above R1
stopped, looking for reversal or r2

 

[bedsit]

short 330, stop jsut above R1

good you have a tight stop

Yesterday I lost my enthusiasm for tops and bottoms catching

 

[Alexbabwa]

yeah i want to change my strategy slightly now. Putting more emphasis on moving average trends and crossovers with S/R in mind. Using 20 and 50sma on 15 minute

 

[bedsit]

yeah i want to change my strategy slightly now. Putting more emphasis on moving average trends and crossovers with S/R in mind. Using 20 and 50sma on 15 minute

Agree - I'll try to stick to short term trend following (a bit boring but most of the time good to follow the masses) and avoid major reports like a plague. May go for occasional break outs.