Cable&Fiber: Intraday Setups

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SLT

Official GDayFX.com Rep
I had to take the fiber long (closed now), though i am short cable now with tight stop
 

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rod178

Well-Known Member
the golden gun said:
is everyone in? ;D

very interesting 3-peak divergence on Fiber/Cable.

hope you took your (countertrend) profits, although I suspect not, as you are a bottom picker.
 

the golden gun

RINSE & REPEAT
rod178 said:
hope you took your (countertrend) profits, although I suspect not, as you are a bottom picker.

I don't know what you're talking about. I think you are seeing what you want to see to be honest.
 

the golden gun

RINSE & REPEAT
Cable: Potential Search and Destroy

Here is something I'm watching for the FOMC minutes, and perhaps going into tomorrow as well.

It seems they've been holding price within these bounds to run those juicy stops during a high-volatility event...

we'll see
 

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rod178

Well-Known Member
the golden gun said:
I don't know what you're talking about. I think you are seeing what you want to see to be honest.

I was expecting that you would have already 'reported' on a 70 plus pip profit on yesterdays Cable Long.

Not wanting to see anything, just interested if you are still Long Cable. Are you?

Now the question that requires some thought is, 'has the Cable made it's weekly high?'
 

the golden gun

RINSE & REPEAT
Re: Cable: Potential Search and Destroy

the golden gun said:
Here is something I'm watching for the FOMC minutes, and perhaps going into tomorrow as well.

It seems they've been holding price within these bounds to run those juicy stops during a high-volatility event...

we'll see

oops, I forgot to post this 100+ pip winning setup in hindsight!

What a fool I was for posting this before it happened. rod178 and piper won't be happy with me ;D
 

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the golden gun

RINSE & REPEAT
rod178 said:
hope you took your (countertrend) profits, although I suspect not, as you are a bottom picker.

hope you didn't get burned too bad on those FOMC minutes!

If you practice what you preach, you would've been short going into that release (or flat if you're a pussy I guess).

It's nice that you came on my thread to paint yourself into a corner. So obvious you lost money today.

Peace 8)
 

Fuzzbuggy

Well-Known Member
I'm quite gutted as I was long the cable at the daily low before FOMC. I moved to BE and went to bed only to find it hit the low before the move up. Absolutely gutted....
 

rocky

New Member
Re: Cable: Potential Search and Destroy

the golden gun said:
oops, I forgot to post this 100+ pip winning setup in hindsight!

What a fool I was for posting this before it happened. rod178 and piper won't be happy with me ;D

To be fair to rod and anyone else who's reading, I wouldn't exactly say that you 'called a 100+ pip setup' before it happened.

You said price was being held in a range, marked off an old high and low, and said they should run stops with high impact news...

That's just kinda like saying 'after this news release price will take out either this high or this low' . I definitely do not see you calling a move such as 'price is being held ABOVE this low and after we run the stops @2pm it will take out this high.'

What I'm trying to get across is that your explanation only hinted one or both of those swing points would be raided, not WHICH one, or in what manner they would be ran/reversed.

Just keepin' it fair for the sake of the arguments back n fourth 8)
 

rod178

Well-Known Member
the golden gun said:
hope you didn't get burned too bad on those FOMC minutes!

If you practice what you preach, you would've been short going into that release (or flat if you're a pussy I guess).

It's nice that you came on my thread to paint yourself into a corner. So obvious you lost money today.

Peace 8)

Not at all, actually the day, and entire week, was quite profitable, up nearly 100pips.

Do not trade FOMC as, at 2am, it is well past my bedtime plus too much of a 'crap shoot' for my liking.

I'm not preaching anything, just wanted an answer to my question before after the fact.
 

the golden gun

RINSE & REPEAT
rod178 said:
Not at all, actually the day, and entire week, was quite profitable, up nearly 100pips.

Do not trade FOMC as, at 2am, it is well past my bedtime plus too much of a 'crap shoot' for my liking.

I'm not preaching anything, just wanted an answer to my question before after the fact.

No comment on the cable setup I posted before the FOMC minutes were released? 1 Hour and 40 minutes before.

But I understand the sleep thing, sorry, I forgot your timezone perspective.
 

rod178

Well-Known Member
the golden gun said:
No comment on the cable setup I posted before the FOMC minutes were released? 1 Hour and 40 minutes before.

But I understand the sleep thing, sorry, I forgot your timezone perspective.

yes, I need by beauty sleep.

No , just read the comment and a Long entry on the stop hunt would have been the go for the Cable.
 

the golden gun

RINSE & REPEAT
Cable Long

Here comes another Cable Long setup. :thumbsup:

Key Level: 6160

Great little LO trade. HTF suggested long bias.

Here's the full dual-screen perspective, for reference:
 

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Fuzzbuggy

Well-Known Member
Re: Cable Long

the golden gun said:
Here comes another Cable Long setup. :thumbsup:

Key Level: 6160

Great little LO trade. HTF suggested long bias.

Here's the full dual-screen perspective, for reference:

Hey GG,

Do you use the OTE on the fib as resistance turned support also?
 

rod178

Well-Known Member
Seems that Mario does not agree with Janet as to where we should pull those Fibs. Down we go!!
 

the golden gun

RINSE & REPEAT
rod178 said:
Seems that Mario does not agree with Janet as to where we should pull those Fibs. Down we go!!

Cable/Fiber divergence @ NYO

Don't worry, no hindsight trades on that one, I packed up shop for the week after that LO win. :))
 
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