Best Thread Live Cable Trading

[superspurs]

good points rip,another rule to go in my book,chk majors,thx.

 

[zuke]

Do you turn the wheel left for short, and right for long?

Yes and I pull the big lever when I wanna exit a trade.

 

[trendie]

Limit Order. Go Short if 1.7635 hit.

got triggered overnight.
unfortunately, Trend apears to be UP.
have set stop at 1.7700. ( risk of 65 ). Big Ben appears to be be a Long.

 

[zuke]

Scaled out 2 lots at 648 for 35 pips. Remaing 1 lot will run until 7700 or b/e.

Scaled in 9 lots to this 613 long. 1st scale out target is 7718.

 

[zuke]

got triggered overnight.
unfortunately, Trend apears to be UP.
have set stop at 1.7700. ( risk of 65 ). Big Ben appears to be be a Long.

Wow trendie thats a big risk unless this is a position trade. If so, whats your target?

 

[trendie]

Wow trendie thats a big risk unless this is a position trade. If so, whats your target?

didnt have a plan for this one ! the trade triggered overnight, and I didnt know what I was supposed to do for today. the the Big Ben event happened.
Looks like I should close out for end of the day.
Looks like a -65 trade.

I think I am trading long-term but with short-term mindset. ( stops need to be appropriate for trade. still fixated with multiples of 30 for stops )

 

[zuke]

UK Manafacturing number is excellent..hope none of you guys are short

 

[trendie]

UK Manafacturing number is excellent..hope none of you guys are short

not any more
out for -65.

 

[zuke]

Scaled in 9 lots to this 613 long. 1st scale out target is 7718.

Scaled out 4 lots at 698 to lock in my daily target. Will let remaing 6 lots run to next targets:

7708 (scale out 2 lots)

7728 (scale out 2 lots)

7748 (scale out 1 lot)

7798 (if we ever get there!) - remaining lot.


Worst case scenario is b/e

 

[dc2000]

still looking for 750

Trendie what made you look to go short at 635?

 

[zuke]

still looking for 750

Trendie what made you look to go short at 635?

Long or short? Im looking for a short at 7800

 

[zuke]

Scaled out 4 lots at 698 to lock in my daily target. Will let remaing 6 lots run to next targets:

7708 (scale out 2 lots)

7728 (scale out 2 lots)

7748 (scale out 1 lot)

7798 (if we ever get there!) - remaining lot.


Worst case scenario is b/e

Sclaed out 2 more lots at 7708. Next target 7728.

 

[dc2000]

Im long from yesterday and will turn at 750 stop now 649

Yesterdays price action has changed target to 764 so will make sure stop is above that

 

[trendie]

still looking for 750

Trendie what made you look to go short at 635?

over-analysis. boredom. waiting for something to happen. anticipating.

trend at the time was down. also was nearing the top of a downward channel.
seemed like a good idea.
why do I make rules, then find excuses to ignore them ?

 

[zuke]

Sclaed out 2 more lots at 7708. Next target 7728.

Momentum fading so closed out 3 more lots at 7708. Ill leave the remaining one to 7728 or b/e

 

[zuke]

over-analysis. boredom. waiting for something to happen. anticipating.

trend at the time was down. also was nearing the top of a downward channel.
seemed like a good idea.
why do I make rules, then find excuses to ignore them ?

because you are human!! The amout of times, Ive said to myself "I shouldnt rely move my stop another x points" and then gone ahead and done it. Im only disciiplined now because I was terrible when I first started.

 

[zuke]

Small SPECULATIVE trade only..SHORT 7682 stop 7705 target 7622..

EDIT..reason for trade is that the dollar seems to be gaining some ground on the swissy & euro and also 1.30 numbers are expected to be good.

 

[dc2000]

looks like Im on the other side of your trade added at 82 with a stop at 55

 

[zuke]

looks like Im on the other side of your trade added at 82 with a stop at 55

Stopped out. Well I did say it was speculative!! Thankfully just a 1 mini lot.

 

[fxmarkets]

hmm, well bearish on the euro here hourlies sloping off, noticed cable pulled south and maybe its just whipping out eager shorts before continuation,(heads up ,get short) usd/chf see if that holds support @ 1.2750. dollar strength.