My Live trades

[wirraltraders]

wish Id bought cable down here somewhere, but there you go thats how the cookie crumbles..

 

[wirraltraders]

bought fiber again at 13470 with a 30 PL and 30 SL

 

[wirraltraders]

set 50 SL and +30 PL initially

 

[wirraltraders]

bringing SL up to - 50 on cable now

 

[wirraltraders]

took my PL on fiber for + 30 pips

 

[wirraltraders]

That makes me +70 pips up on eur/usd today and I will leave it there for that pair. Nearly b/e on cable so looking for some pisp there

 

[wirraltraders]

pips even

 

[wirraltraders]

If you're wondering why fiber and cable have just taken off upwards again then no doubt the Fed guys have just mentioned the magic word "QE"

 

[wirraltraders]

or to put it another way "lets print some more dollars"

 

[wirraltraders]

eur/usd is the star today. Moving like a yen pair

 

[wirraltraders]

bringing SL up to -10 pips on cable now

 

[wirraltraders]

first target on cable trade will be +37 pips which is open of day at 15825

 

[wirraltraders]

decided to exit cable trade at b/e

 

[wirraltraders]

for some reason at the moment it doesn't want to follow fiber's meteoric rise. Happy with my +70 pips for the day

 

[wirraltraders]

just re-checked sorry thats + 80 pips. Total of 80 on euro altogether, zero on cable

Ok so running total since I started posting live trades on Twitter on 17th June is now: +2266 pips.

After todays +80 pips, the running total posted from live trades on this thread on T2W (started 14th Sept) is +371 pips

Interesting day with big volatility during BOE statement, but as I said earlier, very fast deep whipsaw movements are hardly ever sustained (unless of course its a disaster scenario). Its just usually some Central Banker mentioning QE or being dovish or hawkish on interest rates and the like. Within a few hours its history and the market continues to do what it was going to do anyway.

In terms of my take on this kind of volatility, if you trade cable and the yens regularly as I do and have done, then you simply come to expect it and you will notice I even predicted it to some exent.

If you are expecting it as part of a trade anyway, then to me it is just part of that particular trade's sentiment and character. You have to stick to your own opinion regarding any one given situation and above all keep your head, don't let emotion run away with you.

The fact is I've been there many many times before over many years, Ive got the T shirt and I wear it every day...

 

[wirraltraders]

Bought cable at 15825

 

[wirraltraders]

set 100 SL and 100 PL initially

 

[wirraltraders]

Price is breaking my local support area so exited at 15793 - for now. Will probably re-buy later though

 

[wirraltraders]

thats -32 pips but looking to re-buy with better evidence

 

[wirraltraders]

re-bought cable at 15801