DislikedIt's going to be a bumpy ride down, just hang in there and lock in profitsIgnored
yea, i already closed 1/3rd at DP, set the lower shorts at B/E and the higher ones at 50 pip stops. i expected a bounce from there because UJ wasn't moving much at that time, and GU had reached its daily s3. it's really rare that cable breaches that low. it does happen sometimes, and i'll hold on to my cable shorts too.
by the way for those asking about my m30 system. i forgot to mention that it works VERY nicely with cable. most of my cable trade calls here are based on my m30 system.
u just need to minimize TPs, i use the first support level (when short) as my first TP and 75-90 pips as my second (really depends on the trade). cable really respects it's daily pivot levels. you should watch out for them