Best Thread Live Cable Trading

yesterdays rejecting lows.
narrow range so far this morning ( no overnight action )
possible LONG above 1.7460 ? ( yestedays high )
( 1.7340 = support, going back to July ) = already mentioned by others.
 
Hi Guys,
I think that for now the lower movement for cable is restricted one final dip today and then back upto 1.7900 to 1.8000 region
I am planning to got long for about 5 days if I can buy in the 1.7350 region and I am pretty sure from my charts that the cable will fly up with a lot of mommentum as well.....
Happy trading guys
Best of luck

Buy @1.7350 with a stop @1.7280...(only because this is long term)
Let see how this one goes. ;)
 
trendie said:
yesterdays rejecting lows.
narrow range so far this morning ( no overnight action )
possible LONG above 1.7460 ? ( yestedays high )
( 1.7340 = support, going back to July ) = already mentioned by others.

Ditto. Picked yesterday up as a hammer on cable (and EUR/USD), looking for an entry below 1.74 now for some serious froth to be blown off USD into year end.

Could all go Pete Tong and probably will with my track record !
 
Long term viewers only?
Looking at the daily; cable seems to have tested the july bottom quite a few times? and seems to be at it again!!
If it breaks-all hell could let loose.
there again if it holds the skys the limit.
conlusion sit on hands for now.
 
rav700 said:
Hi Guys,
I think that for now the lower movement for cable is restricted one final dip today and then back upto 1.7900 to 1.8000 region
I am planning to got long for about 5 days if I can buy in the 1.7350 region and I am pretty sure from my charts that the cable will fly up with a lot of mommentum as well.....
Happy trading guys
Best of luck

Buy @1.7350 with a stop @1.7280...(only because this is long term)
Let see how this one goes. ;)


good luck. on that! I wouldn't do that. that is a 70 point stop. why did you choose 350?
 
Cool - I agree with you - not for me either.

can still see no reason why this is other than a continuation of the downtrend with new low in due course.
can someone please elucidate ?

short 417,402 and 384

btw, does anyone use elliott ?
 
rav700 said:
Hi Guys,
I think that for now the lower movement for cable is restricted one final dip today and then back upto 1.7900 to 1.8000 region
I am planning to got long for about 5 days if I can buy in the 1.7350 region and I am pretty sure from my charts that the cable will fly up with a lot of mommentum as well.....
Happy trading guys
Best of luck

Buy @1.7350 with a stop @1.7280...(only because this is long term)
Let see how this one goes. ;)

7350 seems an odd entry given that there is support at the 7340, 7325 and ultimately 7300 levels..Im short 7400 at the mo and looking to see if we break 7325 before considering going long. Good luck!
 
JonnyT said:
Bring it on Badtrader, I'll fade you.

JonnyT
I am the one who does the fading on this thread, If I give a position trade for 1 to 3 days hold, will you promise me to fade me. hope you bank balance can hold up :cheesy:
 
There you go Jonny try this one it is not a postion trade,but it looks good for 70 pips long cable 1,7385
 
badtrader said:
There you go Jonny try this one it is not a postion trade,but it looks good for 70 pips long cable 1,7385

:eek:
I was looking to short, on a retracement !!
You think it will rise as high as 1.7455 ? That would take out the previous high !
 
trendie said:
:eek:
I was looking to short, on a retracement !!
You think it will rise as high as 1.7455 ? That would take out the previous high !
Im glad you think short trendi ;) That has strengthen my view even more:cheesy:
 
this is where I get confused, and over-analyse.
I thought LONG as per my original post.
then on shorter time-frame saw the short.

but, if I keep to my original time-frame, I could be getting in "cheaper".

I must stick to ONE time-frame.
 
trendie said:
this is where I get confused, and over-analyse.
I thought LONG as per my original post.
then on shorter time-frame saw the short.

but, if I keep to my original time-frame, I could be getting in "cheaper".

I must stick to ONE time-frame.
.I give you some of my time frames later, ,I must pop out.be back later
 
badtrader said:
There you go Jonny try this one it is not a postion trade,but it looks good for 70 pips long cable 1,7385

A good call. :cheesy:
 
badtrader said:
There you go Jonny try this one it is not a postion trade,but it looks good for 70 pips long cable 1,7385

youve done it again, badtrader !!
well done. ( target almost hit )
 
badtrader said:
There you go Jonny try this one it is not a postion trade,but it looks good for 70 pips long cable 1,7385

70 pips target hit in just under an hour :D
 
badtrader,

are you sure youre not George Soros, and are simply MOVING the markets ?
that would be cheating.
 
baddrader can we rename you brillianttrader!
Come on JonnyT hands up now, it was an ace trade
 
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