Best Thread Live Cable Trading

[droog]

Thanks for the reply zuke

 

[Kaffee]

Do you think it's waiting for the data at 3 pm ??

 

[zuke]

Closed out position at +2 before 3pm news.

 

[smbtnt]

test of hod?

 

[zuke]

test of hod?

SHORT 593 Stop 613 Target 1 553 - 10 lots

 

[klal]

Momentum favours a rise, I think....

SHORT 593 Stop 613 Target 1 553 - 10 lots

 

[Cableguy]

Short @ 1.7594 (going with my H3 theory) stop-loss 1.7605....

 

[smbtnt]

Shorts triggered off the doji?

 

[Cableguy]

Short @ 1.7594 (going with my H3 theory) stop-loss 1.7605....

stop-loss hit, re-entered for another short @ 1.7593.

 

[dooby12]

?

SHORT 593 Stop 613 Target 1 553 - 10 lots

hi , new to this. just want to know the terms

whats the Lot?

and why is the target numbered ? ie Target 1 ?

thanks,

 

[zuke]

hi , new to this. just want to know the terms

whats the Lot?

and why is the target numbered ? ie Target 1 ?

thanks,

a lot can be what ever size you are trading i.e if you SB £'s per point or and actual FX lot ($10) or mini lot ($1). I prefer not to say what my size is on here, but post how many lots because I sclae out my trades. Thats the reason why I post "Target 1". At Target 1, I'll move my stop to b/e and scale out a couple of lots and move on to target 2 etc.

 

[zuke]

Momentum favours a rise, I think....

Stopped out Guess you were right!

 

[zuke]

Stopped out Guess you were right!

SHORT again 5 lots 611 stop 626 Target 1 581

 

[Kaffee]

SHORT again 5 lots 611 stop 626 Target 1 581

LMAO. Zuke.... what happened to your vow this morning ?

 

[klal]

Hope it goes your way this time!

SHORT again 5 lots 611 stop 626 Target 1 581

 

[Kaffee]

Shorts triggered off the doji?

What time frame ?

 

[a_gnome]

SHORT again 5 lots 611 stop 626 Target 1 581

As a matter of interest why are you so insistent on the short side despite such a strong up trend?

Just curious.

 

[zuke]

SHORT again 5 lots 611 stop 626 Target 1 581

Finally!! a winning trade ( Ive post 4 consecutive losing ones !) Scaled out two lots at 581 and moved stop to flat. New target 551.

 

[zuke]

LMAO. Zuke.... what happened to your vow this morning ?

I know...and its cost be -40 pips for the day. At least I've managed to stop the rot and get a winning (albeit 20 pips) trade in.

 

[zuke]

As a matter of interest why are you so insistent on the short side despite such a strong up trend?

Just curious.

its because I dont think there is much to back up this cable strength.