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Cable Ambush Trading
Started Aug 5, 2011|Trading Journals|26 repliesI trade Cable (GBP/USD) exclusively. Cable is arguably one of the more difficult markets to ...
We had great market moves this week, but we made only $122, as we were concerned about the market risk and we traded with smaller positions.
We had a modest week, with a profit of $277, but we are very pleased with our overall performance, 43.7% growth, year to date. Below please find a chart showing our last week's trading activity; at the bottom of the chart see out account balance and ...
The volatility is increasing, reflecting market uncertainty. Last week we made a good profit [$411], but next week we will be reducing our position sizing to mitigate risk of getting caught on the wrong side of the market. See below our trading ...
I trade Cable (GBP/USD) exclusively. Cable is arguably one of the more difficult markets to ...
I trade 0.1 lots. I don't know any human that is able to take the advantage of the full range.
Hmm... I wasn't clear. The weekly range was 364 pips, i.e. the full swing from Tue top to Thu bottom. Anyway, I don't count pips, but on the three trades I made $235 in total.
I love simplicity of Ichimoku, but I never made it work... This EA will be a great tool to test the method! Thanks a stack!
Last week Cable had a good trading range of 364 PIPs. That allowed us to take three trades and capitalise on the directional moves. See attached chart.
We got exactly what we wished for... Last Friday the Cable came down to and penetrated the 1.6290 level. Needless to say we made a modest profit.
I would like the cable to come down this week to 1.6290
I agree entirely... I just saw the statement above with very large positions.
Hi Brijon, Clearly this is a very profitable strategy, but aren't 1.00 lot positions a little large for $15,000 account?