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- kiarie2009 replied Mar 4, 2014
Exactly! Any analysis on any time frame will show that-its obviously wiser to keep out. Cable,even when stable is still choppier than other pairs. i
- kiarie2009 replied Mar 4, 2014
True,but cable has always been a particularly jumpy pair. Though I'm mainly gold I'm now officially boycotting it. Just decided to take a small loss on my long and not deal with its continued choppiness.
- kiarie2009 replied Feb 24, 2014
Cable can be cruel! This is what I wrote on the 21st when I entered- After remaining true to my analysis I hung onto my short and finally,30 mns ago got a modest 40 pips.
- kiarie2009 replied Feb 21, 2014
Retail sales actual -1.5,predicted -0.9 and the cable spikes! A perfect example of the saying "don't trade cable unless you want to lose your money." I was aiming for 1.66000 but will be happy with a small loss around 1.66400.
- kiarie2009 replied Jan 28, 2014
Those kinds of dips and spikes keep me out. Especially when the data doesn't support that type of movement,IMO.
- kiarie2009 replied Jan 24, 2014
IMO,its safer to avoid the excessive volatility of press conferences. Wait til afterward when the issues have been resolved and the pair choses a direction.
- kiarie2009 replied Jan 23, 2014
Like all news traders I enter after the news. That way though you may make less than technical guys and believers in stochastics there is little if any room for misinterpretation or overanalysis because you trade what you see.
- kiarie2009 replied Jan 22, 2014
And another thing a news trader must always remember-make sure you're logged on when the news comes out! Earlier today I was 5 minutes late for GBP news at 830 GMT. By the time I logged on it had gained over 50 pips. Shit!! The second time that's ...
- kiarie2009 replied Jan 22, 2014
Shit! I just committed the cardinal sin of a a news trader-I was late!! I've missed the spike and only just rode in at 1.6500. Kicks,self-hard!!
- kiarie2009 replied Jan 9, 2014
Frankly, they're all shitty! I only do dollar pairs with very occasional eur/gbp chf under very specific conditions. I took a small short on xau US unemployment. 1228.50-1226;sigh. Not enough momentum.There's always tomorrow!
- kiarie2009 replied Jan 9, 2014
IMO,cable is too choppy. Will wait for a substantive move in either direction. Those of you taking a position have more balls than I do. Best of luck!
- kiarie2009 replied Jan 2, 2014
Today vindicates my trading style:trade the news! Its too easy to misread technical analyses.
- kiarie2009 replied Jan 2, 2014
Excellent thread,OP! When I first started the forex game 5 years ago I made some and thought I was good. Market conditions changed a few months later,remember when the Jap LDP lost an election for the first time in 50 years in August 2009? I lost ...
- Posts by Member Search: 'kiarie2009'