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Trading Cable

From news_archive.php?id=47967

On the Cable we really only look for breaks of the High or Low of the previous session, we do it with Resting Orders, and look to get filled on the London Opening Spike between 1-3am EDT. Looking to put the normal amount of Lots going inline with overall market sentiment direction, and half the number of Lots against the Trend. That way we can look to pick up the Contrarian moves. We only use TA on the Cable to determine the Trend direction, and main S&R numbers that we need to keep clear of on the daily Chart. That is as easy a Trade Plan as it gets, and we've got bundles of them for every Pair. The reason ... (full story)

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