Best Thread Live Cable Trading

zuke said:
I make the Cam pivot 548 with the mid point between this and S1 7551. Good rationale behind your short, but I tend to wait until price comes back through H3 before shorting.

Interesting our pivot/cams are of different area's, I have L3 @ 7526 and H3 @ 7608. Your S1 is where my pivot is.. I believe my pivot indicator takes into account any major Asian moves.

Should have stayed in my short, still, always next time :cheesy:
 

Attachments

  • pivot points.gif
    pivot points.gif
    24.9 KB · Views: 156
I have the cam-pivots on MT-4, but where do you get the strategy to "short at H3", or "H4 Long breakout" etc ?
 
zuke said:
Yes..I had a short at 584 which I closed at 524 for 60 pips. Im now Long at 524 looking for 60 pips.

Not looking good for this trade. My stop is at 494 so could be a -30 pips trade. I was within 17 pips of my target before it reversed :( oh well..gotta follow the rules.
 
klal said:
Frank opinion please - how effective is this Camarilla equation?

Like everything, doesn't work all the time, I find though having the lines on my chart helps me set targets. So I can plan my trades in advance then play S&R during the day.

Personally, I like them - but I think there was a thread on T2W somewhere that slated them have a search.

CG
 
Thanks CableGuy. Will do a bit of research on that.

Cableguy said:
Like everything, doesn't work all the time, I find though having the lines on my
chart helps me set targets. So I can plan my trades in advance then play S&R during the day.

Personally, I like them - but I think there was a thread on T2W somewhere that slated them have a search.

CG
 
zuke said:
Not looking good for this trade. My stop is at 494 so could be a -30 pips trade. I was within 17 pips of my target before it reversed :( oh well..gotta follow the rules.

stopped out for -30 :eek: Grrr I hate when I just miss my target and then get stopped out
 
Why I like camarillia

A lovely bounce on L4, although there was plently of support from yesterday imho.
 

Attachments

  • l4 support bounce.gif
    l4 support bounce.gif
    18.3 KB · Views: 173
Top