Best Thread Live Cable Trading
need to learn
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Can anyone see USD/GBP falling back to 1.8000 on NFP? or is the $ just going to lay down and die? why the £ is so strong is crackers, the state of the UK, the government shagging everyone (even the DPM) come on $ get your balls and teach the £ a lesson and get back to 1.7070 where you belong.
marmoset
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Just got home...
1st: there IS a .1 short at 8494, must have missed it in my morning position write-up.
Unloaded the top safety net .2 at 8480 for 25 pips --> 266 + 25 = 291pips
reinstalled safety net .4 in .1 lots at 8480, redtabbed them "no touchie"
Increased my hurdle entries at 8510 to .3 (added 2x .1, one limited to 8593, the other to 8573)
Can't say I have the impression real pressure exists to vault 8500 but this thumbtwiddling at the gates is nervewracking. Is there an 800pound gorilla of stops on the other side? :|
1st: there IS a .1 short at 8494, must have missed it in my morning position write-up.
Unloaded the top safety net .2 at 8480 for 25 pips --> 266 + 25 = 291pips
reinstalled safety net .4 in .1 lots at 8480, redtabbed them "no touchie"
Increased my hurdle entries at 8510 to .3 (added 2x .1, one limited to 8593, the other to 8573)
Can't say I have the impression real pressure exists to vault 8500 but this thumbtwiddling at the gates is nervewracking. Is there an 800pound gorilla of stops on the other side? :|
Last edited:
trendie
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marmoset said:
entry positions
s .1 8452 lim 8412 closed for +40
s .1 8430 lim 8404 closed for +26
b .1 8355 lim 8398 closed for +43
s .1 8344 lim 8312 open
s .1 8494 lim 8425 open
b .1 8375 lim 8404
b .1 8252 lim 8296 closed for +29
b .1 8175 lm 8330 safety net long
s .1 8595 lim 8550
b .1 8305 lim 8396
s .1 8475 lim 8410 open
b .1 8215 lim 8275
b .1 8540 lim 8595
s .1 8542 lim 8504
b .1 8510 lim 8548
I am confused with the open positions bit. 😢
( I dont want to go back and try to find posts.)
I am making an assumption that "open positions" are trades carried over from previous day, with possibly altered limits, as the nature of the market may have changed, which is understandable, so limits may have to alter to reflect that.
So, I am trying to follow the trades from today onwards. ( for simplicity )
So, over a period of time, hopefully my calcs will stabilise and accurately reflect the situation.
( probably better to start this on Monday morning ! )
reason for doing this: although 4 positions have resulted in 138 pips, there are 3 short positions, with, at 8480, a combined open loss exceeding the gains of today. I need to get my head around how "open positions", or trades carried over may resolve this over a period of time.
( a dip to 8410 will close two of those shorts for a profit, and reduced exposure, which is entirely feasible )
anyway, TODAYS trades resulted in +138. certainly a good start.
( I have to say, the idea of having trades that trigger buys and sells on different levels reminds me of camarilla, where bounces off some levels are treated as range-moves, and moves beyond certain levels are treated as breakouts. 🙂 )
its also interesting how a wide enough range play results in opposing positions are generated resulting in controlled losses, eg, when a buy triggers later on to offset a sell earlier, or vice-versa.
trendie
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chuffing 'eck!! have to update already!
entry positions
s .1 8452 lim 8412 closed for +40
s .1 8430 lim 8404 closed for +26
b .1 8355 lim 8398 closed for +43
s .1 8344 lim 8312 open
s .1 8494 lim 8425 open
b .1 8375 lim 8404
b .1 8252 lim 8296 closed for +29
b .1 8175 lm 8330 safety net long
s .1 8595 lim 8550
b .1 8305 lim 8396
s .1 8475 lim 8410 open
b .1 8215 lim 8275
b .1 8540 lim 8595 NEW open
s .1 8542 lim 8504 NEW open
b .1 8510 lim 8548 NEW open
entry positions
s .1 8452 lim 8412 closed for +40
s .1 8430 lim 8404 closed for +26
b .1 8355 lim 8398 closed for +43
s .1 8344 lim 8312 open
s .1 8494 lim 8425 open
b .1 8375 lim 8404
b .1 8252 lim 8296 closed for +29
b .1 8175 lm 8330 safety net long
s .1 8595 lim 8550
b .1 8305 lim 8396
s .1 8475 lim 8410 open
b .1 8215 lim 8275
b .1 8540 lim 8595 NEW open
s .1 8542 lim 8504 NEW open
b .1 8510 lim 8548 NEW open
