Best Thread Live Cable Trading

[marmoset]

Just had a system trade signal at 8095 and 8078, really need to filter these out when they appear against trend and before major news.

I agree, there's likely to be some serious whipsaw up ahead if I look at previous FOMC charts.

Action right now looks like anticipation boiling over in cable...

Batten down the hatches!

 

[marmoset]

Putting limit at 69, man, I've got a serious problem keeping my eyes open I can function quite reasonably on 4 hrs sleep, but I need my naps. Didn't get any the last three days, plus getting up at 5.45CET (often the time I hit the sack) isn't helping any either

OK, let's fire up Reuters.

Then, I need to decide on likely course. Going for expected 25bp, meaning I need to go long as soon as my short target is hit. C'mon you tired brain cells, just a short burst now :|

 

[marmoset]

buy the rumour,sell the news? Triggerhappy here

 

[smbtnt]

Holy ****!

 

[marmoset]

sell at 45, wtf, why doesn't Reuters show anything???

 

[smbtnt]

buy the rumour,sell the news? Triggerhappy here

What was the news?

 

[marmoset]

Right, standard raise to 5.25%, got the movement ALL WRONG. There, eat crow Marmoset!

*kick* Ow!

*kick* Ouch!

Lucky I got deep pockets and can wait this out... trying to go for minimal damage.

 

[marmoset]

Seems like the whole frustration for the downward move gets unloaded at once... OK pole's there, now the flag.

 

[Baruch]

Right, standard raise to 5.25%, got the movement ALL WRONG. There, eat crow Marmoset!

*kick* Ow!

*kick* Ouch!

Lucky I got deep pockets and can wait this out... trying to go for minimal damage.

Never ever enter a trade before major news (unless your dad is member of the FOCM board).

 

[dc2000]

Hi chaps Ive not got any part of this both the Dow and Cable hit money off table prices which in theory means the opposit trades are on the table

ie: long Dow and short Cable

 

[marmoset]

Never ever enter a trade before major news (unless your dad is member of the FOCM board).

I do it all the time and my dad, well, let's not talk about him :cheesy:

Just gotta deal with the pain when you're plain wrong, 's all

Gotta take a screenshot of this, it's actually quite beautiful

 

[dc2000]

will try a little short at 215 with a stop at 265

 

[dc2000]

ouch

time for tea

 

[marmoset]

OK, it just hit the week's high. Now I'm curious

 

[marmoset]

And going tranquilly off to bed. Let Tokyo take care of the mess *heeheehee*

 

[dc2000]

sold at 265 stop 315 last deal of day if it goes pear shapped

 

[Slapshot]

sold at 265 stop 315 last deal of day if it goes pear shapped

You're a brave man DC

 

[trendie]

did cable just fly up 160 pips in 20 mins ??

 

[Slapshot]

did cable just fly up 160 pips in 20 mins ??

Yep, and man it ever fly!

 

[Offshore Trader]

Like DC I'm a little disappointed as I stopped out just before the FOMC with the move below the figure. Luckily had a little in EUR/USD although doesn't come near making up for missing out on Cable.