Currency Trading (Nov 27th - Dec 1st)

Where will Cable Fly to this week

  • Above and beyond the sky--500

    Votes: 6 35.3%
  • Range trade within in the clouds ie the same-

    Votes: 5 29.4%
  • Back to the seabed--below 150 pips

    Votes: 2 11.8%
  • Does not make a difference...

    Votes: 4 23.5%

  • Total voters
    17
  • Poll closed .
wow - cable above 1.9450 on Ig.

jsut shorted at 1.9459, stop above 1.9520, target 1.9350
 
I am just studying the charts and boy oh boy the Dollar looks in some serious trouble to me..comments any body

not much more to say its about to hit the fan I will probably take Monday off aswell I cant be bothered to fade the first 515 I'll wait for a better price for the long
 
dewi141 said:
wow - cable above 1.9450 on Ig.

jsut shorted at 1.9459, stop above 1.9520, target 1.9350

Lucky you I tried and I kept on getting market closed when I went away it had already dropped to 45....... :eek:

No Problems.......

I am going to sit this one out tonight
 
dc2000 said:
not much more to say its about to hit the fan I will probably take Monday off aswell I cant be bothered to fade the first 515 I'll wait for a better price for the long

I think the best thing is to wait to see the daily bar closing tomorrow to know what happens. wise move DC.
 
morning all
looking at the 3 min chart ,its going up slowly and then shooting down,
i may be wrong , ( i have been many times)
I just feel that we should be looking at the down side
and I am looking for a short around 350

edit
but if we get a breakout , up or down I will trade it !
 
Offshore Trader said:
Short at 32 and stop at b/e within about 10 secs and out within about 2 mins!

Went long at 1.9310 and took a quick 30 pips, getting out far too early.
 
Offshore Trader said:
Short at 32 and stop at b/e within about 10 secs and out within about 2 mins!

It was a bad BB signal, wasn't it?

PS. The trend is still up, but Cable was very much overbought.
 
my hat is off to alot of you guys i have been reading and finanlly down loaded big bens stragety..i hope to start trading it at the beginning of the year
 
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