Currency Trading (Nov 27th - Dec 1st)

[ChowClown]

Morning all,

vebo orders 9792.9 long, 9672.5 short. Another large Asian range, so vebo unlikely to deliver the goods again today, but i accept the risk.

My 60min trend signal = weak long and under further pressure now. Will wait for the 9am open and if still signalling long look for a 5min entry.

Good luck all.

..i is now short vebo...c'mon, let's have a good'un today....for a change!

 

[mark twain uk]

..i is now short vebo...c'mon, let's have a good'un today....for a change!

hi chow,

me short too, is your stop loss at your customary 30 pips?

 

[City Bound]

Ok, UK PMI was well down on expectations, 52.6 as opposed to 53.8. Not much movement on Cable though.

 

[ChowClown]

hi chow,

me short too, is your stop loss at your customary 30 pips?

hi MT, i use an initial 30 and then fiddle throughout the trade.

 

[ChowClown]

..i is now short vebo...c'mon, let's have a good'un today....for a change!

...looking a tad better, all being well the hrly close will confirm short trend for a while....

 

[Baruch]

Trade Cable like a pro:

http://homepage.mac.com/matwoj/113006_RobSpecialEdition/113006_RobSpecialEdition.html

 

[ChowClown]

..i is now short vebo...c'mon, let's have a good'un today....for a change!

stop at b/e.

 

[dc2000]

you have tooooo much time on your hands Baruch

for me still short looking to hit target 1to 1:30pm given expected Dow movement

 

[ChowClown]

580 dc? would be nice...might even have the legs to go a bit further by then.

 

[ChowClown]

stop at b/e.

flat

 

[dc2000]

thats the one

we should see some sell orders coming in any minute

 

[dc2000]

cant see it going past 580 that would hurt some players positions

 

[a_gnome]

Morning all,

Woke up to a pleasant surprise for my overnight long from 9524. I've now reversed to short at 9710 so that was a nice 186 pips :cheesy:

As long as we don't get too much whipping around today I'll be content.

 

[ChowClown]

Nice a_g. You make it sound easy

 

[dewi141]

out at 9650 for +100, small short at same price, target below 9600

 

[a_gnome]

Nice a_g. You make it sound easy

Just following the system which happens to excel in such strongly trending market conditions. When things get back to normal it will be a lot tougher and I suspect your version of VEBO will work a lot better.

 

[ChowClown]

..i is now short vebo...c'mon, let's have a good'un today....for a change!

short vebo now re-armed @ 672.

 

[dewi141]

out at 9650 for +100, small short at same price, target below 9600

stopped out above 97. No posiiton now - will wait until after pmi figs before trading again (if at all today)

 

[candles]

gonna have to cover my attempt at a swing short here. Big loss. never mind. Gonna need some new indicators. This baby ignores overbought / oversold.

 

[Sterile]

Its just incredibly to watch it skyrocket like this, it's like it will never go down