Best Thread Live Cable Trading

[dc2000]

now full position long looking to stay in very narrow range for most of day with a hit of the 267 later today

nice trade Chow bet you is a happy bunny now :cheesy:

 

[hornblower]

just waiting to go long

 

[ChowClown]

now full position long looking to stay in very narrow range for most of day with a hit of the 267 later today

nice trade Chow bet you is a happy bunny now :cheesy:

...an 11% gain today and July now up 23%. Should probably enjoy the sun tomorrow too...:cheesy:

 

[hornblower]

well done Chow
nice to see the trading account increasing
as your account goes up , do you increase your size of bet ??

 

[ChowClown]

Hi HB, i'm using 2.5% fixed per trade atm. I plan to reduce this to 1.5% in time.

 

[rav700]

out at 06: +6 --> +24, short again at 02, think euro will hit 2500

Hello mate looks like you have been doing well.....Am pleased for you...
I will be back on the boards from tommorow so did you catch the big drop down......

 

[wasp]

anyone use metatrader and either capitalspreads and/or Oanda here?

For the last hour both seem to have been 5 above metatraders charts, anyone else notice this?

 

[zuke]

10 lots
LONG 214
Stop 187
Targets 248 (2 lots), 269 (2 lots), 303 (3 lots), 358 (3 lots)

 

[marmoset]

Hello mate looks like you have been doing well.....Am pleased for you...
I will be back on the boards from tommorow so did you catch the big drop down......

Hi Rav,

Did OK, but in hindsight I just should have pyramided all the way down. But then again, hindsight is 20/20.

Right now I'm looking to grab the remaining 10 pips off the news (not a big mover) at 2.30 and then it's off to work (blah!). Went out of the 02 short at 01, +25 in all.

I think after the news, cable will be heading up, bouncing off 8300 and settling in somewhere around 60.

 

[marmoset]

Long at 11, SL 80, target 8260. Keeping fingers crossed here...

Hope tomorrow's news is a bit more fun to trade.

Right, hi ho, hi ho, it's off to work we go!

Have a profitable rest of NY trading everybody!

 

[Baruch]

Hi DC,

That's right, Hans does. This variant just trades Cable (which incidently constitutes most of the Hans method profit) and the backtesting suggested a 4pm cut-off was more profitable than later exits; a handy time to call it a day too (from a personal perspective)

Chow,

What are the rules for your variant of Hans123?

 

[wasp]

short at 95 with stop at 220... think we'll see more down... to around 8100

 

[zuke]

10 lots
LONG 214
Stop 187
Targets 248 (2 lots), 269 (2 lots), 303 (3 lots), 358 (3 lots)

Was too busy to post that I scratched this trade at 199 fpr -15

 

[Baruch]

Morning all,

Today's vebo:

BUY: 8383.7
SL: 8353.9
TP: 8533.7

SELL: 8349.4
SL: 8379.2
TP: 8196.4

Thanks for the news trading link, Baruch. Been following that thread too for a while. Just trying to get a baseline performance of this simple BO method with these trades (variation of Hans' BO posted on SBFX) - no discretionary filters yet for news, support/resistance, fibs etc.

Chow,

I remember that you once said you traded the BO from the morning range 5.00GMT-8.00GMT like Hans does. But these orders are placed here 7.33 (I suppose it´s 7.33GMT??). Why? PS. What's vebo?

 

[jonnyy40]

What are Oanda's stop orders like?Spongy or reliable?

 

[ChowClown]

Baruch,

Pls see post #8213 for current rules. I'm using 5-8am BST and the orders are driven from the 8am opening price. I tend to post the orders on here and in my journal when I get chance later in the morning.

VEBO = Volatility Expansion BreakOut.

 

[ChowClown]

What are Oanda's stop orders like?Spongy or reliable?

..spot on in my limited experience so far.

 

[hornblower]

Well I think I may call it a day
lost a few point trying to trade the up turn
but overall a very good day
may pop back later

 

[jonnyy40]

Yes I think I'll call it a day too.The heat is making me tired.Maybe the dow will fall off a cliff but I won't be trading too large.I stop at 4:30 anyway.

 

[Baruch]

Baruch,

Pls see post #8213 for current rules. I'm using 5-8am BST and the orders are driven from the 8am opening price. I tend to post the orders on here and in my journal when I get chance later in the morning.

VEBO = Volatility Expansion BreakOut.

Thanks. Your method seems to be close to Big B. But you start one hour later, and you don't close your position before major news, which I think it's pretty stupid not to do.