Best Thread Live Cable Trading

[dc2000]

"scalp" a 597 failure, and go long on a break above?

yup that was pretty much the plan for day trading, I would be looking to close any longer term trades later today circa 650/680

 

[jonnyy40]

Are your intraday and position trades roughly proportional in pips?

 

[wasp]

Looks like a big old inverted head and shoulders on the 4hr chart

 

[jonnyy40]

4 contract long on EUR.Seemed very insistent.

 

[dc2000]

Are your intraday and position trades roughly proportional in pips?

I tend to trade position these days with only the odd daytrade, positional trading I make roughly one third the pips I could make daytrading the same targets but it is a lot more relaxing

 

[jonnyy40]

I'm hoping for 850 on EUR today but of course that might change at the click of a button.

 

[dc2000]

Hmm having a quick calc on EUR/$ gives a 668

 

[jonnyy40]

calculator's upside down

 

[jonnyy40]

Not that I mind of course.If things change I'll go the other way.

 

[zuke]

Not that I mind of course.If things change I'll go the other way.

Like you Johnny, Im not afraid to admit that I "swing both ways" :cheesy:

 

[jonnyy40]

The pound's head banging but I think we'll get through (later).

 

[dc2000]

Like you Johnny, Im not afraid to admit that I "swing both ways"

what is this confessional week first George Michael now Zuke

 

[jonnyy40]

I liked that 'Have I got News For You' item when Deayton said 'George Michael got a shock when police turned the lights on in the public convenience where he was cottaging.' They cut to a picture of a man holding a mole.

 

[dc2000]

a little fake move there? then go for stops on the news, which is where we change trains

" SHOW ME THE MONEY!"

 

[Offshore Trader]

a little fake move there? then go for stops on the news, which is where we change trains

" SHOW ME THE MONEY!"

So we are still all looking for a spike up towards 650?

 

[dc2000]

thats what I expected, but now just got to wait a bit longer

 

[jonnyy40]

I added 6

 

[wasp]

Why is it it GBP/USD or EUR/USD, not USD/GBP or USD/EUR and the charts, do they watch it in opposite in America? I would have thought with their egos it would be USD first and we'd be watching this the other way round?

 

[dc2000]

Im done can't be bothered going short will just wait for a better price for the run to 800

 

[zuke]

I have a "seat of pants" short from 673. Stop at 703 and looking for a run down to 589. Im nothing if not optimistic eh?