Cable&Fiber: Intraday Setups

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Computater707 said:
Came back to the screen after a nap and found I got 'em. small live position. about 170 pips.
It gapped thru my stop just above 171.10

my mt4 live account wont let me modify or close orders says market closed. I am on hold w broker to see what they are going to do. glad I am on the plus side of this trade

who is your broker?
 
There live servers are down, So mobile wont work either. They have advised me to fill out a trade audit if I don't like the way the order finally closes. As long as it is at or below my TP I will be happy.
 
Computater707 said:
There live servers are down, So mobile wont work either. They have advised me to fill out a trade audit if I don't like the way the order finally closes. As long as it is at or below my TP I will be happy.

Might be the time to switch the broker.. Never heard of a respectable firm with whom even when their servers are down, they dont offer spot on phone service.

-P
 
Piper said:
Might be the time to switch the broker.. Never heard of a respectable firm with whom even when their servers are down, they dont offer spot on phone service.

-P

That's why I wanna know the name, so I can make a mental note lol
 
I didn't liked em, had an account there,until got annoyed with slow execution, price spikes/ deviations,and other sh*t... They also have a DD,and not enitrely convinced that their costumers with the stp execution don't catch some of their losses because of the "slow on spot execution".

-P
 
Cable Short (CPI fuelled)

Here is my CPI trade.

Entered 64 seconds before the release.

This was a HTF "trend trade". Just wanted to get short before the release, and missed my preferred entry at 6050 by 0.4 pips. I didn't mind chasing a bit on this one, because of how strongly I believed CPI would take out those post-NFP lows.

Proven right, to the tune of 82 pips!
 

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Piper said:
You mean the 61.8 fib? No wonder that they don't work for you... :p

-P

LOL 61.8 just missed, so 60.0 would have been a near perfect entry for the Short.
There ya go, 60.0 must be the real Magic Number, 100% accuracy on that trade.
 
NYO, counter trend scalps, 60 pips'ish. Wonder if the minitroll is finally going to come around and post some charts finally,to teach us how to trade .. 8) Cmon Kuzzy, i know you can do it, post up some charts.. :p

-P
 

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rod178 said:
LOL 61.8 just missed, so 60.0 would have been a near perfect entry for the Short.
There ya go, 60.0 must be the real Magic Number, 100% accuracy on that trade.

Wow, i'm putting it in my fib tool right away! :p

-P
 
Piper said:
Wow, i'm putting it in my fib tool right away! :p

-P

btw I made a perfect hindsight trade using the 60. I may write a book :

"Fib ya Way to ya First Million - How to Hit a One Hundred Percent Win Rate"

There is a market out there, ie about 95% of Traders
I'll even acknowledge 'The Gunner' as my inspiration
 
My trading is going fine thankyou, and uses something more than pulling retrospective Fibs, although now I see that you also chase price as well as pick bottoms. A real Pro LOL.
 
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