Best Thread Live Cable Trading
TheBramble said:
In the same boat...was long at 394, stops at 364 and the fecker took me out. I too have not seen anything like that for a while so I'm not altering the battle plans just yet !!! Put it down to the cold weather in New York.
And no... did not re-enter the long which I should have done around 410... currenly lining up a short on a break below 425.....
FetteredChinos
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trading 1-2-3's kaffee?
TheBramble
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How disconcerting for you both.Kaffee said:
FetteredChinos
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Kaffee said:
pretty much the same thing... seeking a break of a trendline/prior low after an uptrend..
it does work in the long run.. have faith 🙂
TheBramble
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Well, anyway...
An unusually devoid day on Cable for me. Switched my attention over the pond to Nasland and equally lacking. Perhaps just me. Anyone have fun/profits today? Yuk!
On a positive note, Cable did (sort of) keep within the lower band I mentioned this morning
http://www.trade2win.com/boards/showpost.php?p=236146&postcount=4236
(-10 pips) and did revert to Frankfurt/London's mean values.
However, knowing it is one thing - trading it, quite another...
An unusually devoid day on Cable for me. Switched my attention over the pond to Nasland and equally lacking. Perhaps just me. Anyone have fun/profits today? Yuk!
On a positive note, Cable did (sort of) keep within the lower band I mentioned this morning
http://www.trade2win.com/boards/showpost.php?p=236146&postcount=4236
(-10 pips) and did revert to Frankfurt/London's mean values.
However, knowing it is one thing - trading it, quite another...
TheBramble
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Tuesday, February 14th 2006
I little more room to play today 388/465 and although the current action (08:00 GMT) is tightening a little, earlier flexing indicates we get some clearer indications shortly.
The daily and hourly is still looking relatively flat and this is perfect ground for multiple false moves to be born and to die. Tight stops are the order of the day and a 'relaxed' approach called for.
Certainly a day to wait for the signal bar to complete (if you use such things) rather than any attempt to anticipate them.
Value area I believe may gravitate around the 420/433 area. Wide enough to kid you into thinking a quick trade is worthwhile and narrow enough to make it a scalp at best.
I personally will be waiting for defined and confimed (retest or pressure moves) outside this central value area and moves back toward it from the outer bands or from beyond them.
I little more room to play today 388/465 and although the current action (08:00 GMT) is tightening a little, earlier flexing indicates we get some clearer indications shortly.
The daily and hourly is still looking relatively flat and this is perfect ground for multiple false moves to be born and to die. Tight stops are the order of the day and a 'relaxed' approach called for.
Certainly a day to wait for the signal bar to complete (if you use such things) rather than any attempt to anticipate them.
Value area I believe may gravitate around the 420/433 area. Wide enough to kid you into thinking a quick trade is worthwhile and narrow enough to make it a scalp at best.
I personally will be waiting for defined and confimed (retest or pressure moves) outside this central value area and moves back toward it from the outer bands or from beyond them.
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