Best Thread Live Cable Trading

[Kaffee]

If you dont mind me asking what are caps?

CapitalSpreads

 

[dc2000]

right then looking for an entry I want my stop above 35 and I want it smaller than a gnats gonads so I guess 19 would be favourate

 

[ferg6287]

CapitalSpreads

What are capital spreads, are those the spreads between the bid/ask given by the broker?

 

[dc2000]

Capital spreads is a spreadbetting company in the UK

 

[Kaffee]

What are capital spreads, are those the spreads between the bid/ask given by the broker?

Not sure I understand the question ferg6287... They are Capitalspreads.com... who I spreadbet with.

Spread on Cable is 3 points at they are Long biased... so I can normally buy around mid +4 or 5 and sell around mid +1 or 2.

Is that what you meant ?

 

[Baruch]

No... I'm just the update monkey !! Don't really understand the whole EA thing. Certianly wouldn't trust my money to a system people write in their bedrooms.

Hi monkey :cheesy:

Thank you for your Hans123 updates. I wish we could compare his system with Big Ben.

 

[Kaffee]

Hi monkey :cheesy:

Thank you for your Hans123 updates. I wish we could compare his system with Big Ben.

Bit difficult as Big Ben is discretionary in terms of targets. Set the target too low and you'll hit it often, but for a low target you need a low stop, and that gets taken out too often!

 

[dc2000]

me thinks Sharky needs to give up on the 50p meter and get himself a fusion reactor to power T2W

 

[wasp]

Short again, last one and then I'm off to do something less financially ruining!

 

[dc2000]

any figure in mind?

 

[trendie]

Short again, last one and then I'm off to do something less financially ruining!

come back at around 1pm, and see if the market reverses when the US come on-board.

Kaffee: I wonder if taking the 13:00 point as a possible exit for the Big Ben might be logical ?

( I have become obsessed with seeing if 13:00-14:00 bar is a reversal more often than not. )

 

[Kaffee]

Short again, last one and then I'm off to do something less financially ruining!

LOL. Insert "Doh!" icon here.

 

[FetteredChinos]

grrr.

flipped/reversed at 1.7763 for -46...

short from the same level..

choppier than something very choppy indeed..

 

[dc2000]

ooooh that was nice

not quite the money though

 

[Kaffee]

come back at around 1pm, and see if the market reverses when the US come on-board.

Kaffee: I wonder if taking the 13:00 point as a possible exit for the Big Ben might be logical ?

( I have become obsessed with seeing if 13:00-14:00 bar is a reversal more often than not. )

Dunno, but something Baruch said a while back is sticking in my mind. It was along the lines of "They like to stick it to the Asian market".... Implication being you contra the Asian trend..

So i'm wondering if over the long term (say 6 months analysis) it's possible to make "a living" just flipping the trend at 9am day in day out. Stops and targets around the daily ATR ??

It can only go one way or the other !!!

Also... did you see the price action in relation to Cams yesterday... text book stuff.. one end to the other. These require some investigation as well. I've nearly gone blind looking at Spreadsheets this month.

 

[wasp]

any figure in mind?

Preferably one gets me above break even on the day would be good! :cheesy:

 

[Kaffee]

grrr.

flipped/reversed at 1.7763 for -46...

short from the same level..

choppier than something very choppy indeed..

Hey FC... was I on the opposite of that one too ?

 

[FetteredChinos]

lol... dont worry, as soon as this market starts trending properly again i'll have your guts for garters lol..

 

[zuke]

SHORT 10 lots 773 target 1 743 Stop 793

 

[Kaffee]

lol... dont worry, as soon as this market starts trending properly again i'll have your guts for garters lol..

I'm reading all over the net about "trending" set ups having a mare at the moment. You've been in this game a lot longer than me.... how long do these phases last on average ?