Best Thread Live Cable Trading

[zuke]

LOL. Didn't like to say !!

But I've added a Post-it to my monitor which says "2 losing trades and quit for the day"

Good advice. I have a pip limit for both gains and losses each day. I am quite rigid about sticking to them, but occasionally get emotional and dont heed them. Im usually back to normal the next day after being reminded that the market is the boss not me

 

[zuke]

Well Im now going to move to trade the other love of my life..Crude. Inventory numbers out at 3:30 and I am onside 50 pips at the mo from a short from yesterday. Here's hoping!

 

[Cableguy]

Short @ 1.7552, 0.5 lots. Stop-loss 1.7565..

edit: target 1.7485 (previous support)

What u guys&gals think, I'm cherry picking?

I went to lunch and set a limit for 30 pips, which got filled.. +30

 

[Cableguy]

Good call I think. For me , if 500 goes this time.... watch out below.

Do you always stick your stops in that tight ?

If I believe it's a good resistance/support area, my stop was on the last high of the candle that did break that resistance area - had my stop been hit, I would have opted for a long. I was using the pivot and L4 as a range.

 

[zuke]

So jobless claims are ata five year low and cable rallies??? Glad Im not a fundamentalist :cheesy:

 

[smbtnt]

It's positioning itself for the REAL fun tomorrow

 

[zuke]

It's positioning itself for the REAL fun tomorrow

NFP's are not as much fun as they used to be imo..no where near as volatile

 

[smbtnt]

Oh very true! but still offers plenty of fading and stop picking opportunities.
I tend to play the moves off the smaller tf's for the 1st hour.

 

[coolTrader]

Hi all,

Missed the up move did anyone get that?

 

[dooby12]

all looks a bit quiet this morning.

 

[Kaffee]

Hi all,

Missed the up move did anyone get that?

Nope, went short at 515... stopped out.

 

[superspurs]

Nope, went short at 515... stopped out.

morning,short 553

 

[Cableguy]

Hi all,

Missed the up move did anyone get that?

Nope - I'm still asleep, it rallied up to 556 - that was resistance yesterday. Looking at the retracement now be interesting to see how low it goes. My pivot is on the 7536 wondering how it will react around that area.

CG

 

[Kaffee]

morning,short 553

Might have another look below 520 or above 555

 

[superspurs]

just introducing myself,hopingto give myself more discipline by posting.ive been watching boards for a while.hello all

 

[Cableguy]

just introducing myself,hopingto give myself more discipline by posting.ive been watching boards for a while.hello all

Top of a mornin to ya!

 

[superspurs]

what happened there stopped out

 

[Kaffee]

what happened there stopped out

9 point stop ??

 

[Cableguy]

Forget the coffee - that woke me

 

[superspurs]

stop was at 563,then i moved it to 553.