I'm shorting cable, stop 1.48. the move has been parabolic and I'm betting on a friday reversal and the stop is easy, albeit farther than I'd like. ill be up early see if I can take it off before nonfarm. this is my first cable swing trade so I'm keeping my size small. baby steps.
I wanted to double down on cable in the 60s so bad, especially cause its such a small trade. however I decided long ago that I. DONT. DO. THAT. cable was whippy on the 15 and 5 min charts, seems much more orderly on the 3 and 4 hour.
I wanted to double-down in the 60s, but the drug-induced stupor, and the politics of the era, it just... er, what forum am I in? Isn't this the Political Disestablishmentarianism Forum? Damn those drugs! 5of7 @ TheCollectiveFX.com
USDJPY has futzed around 100 a couple of times now. Any significance one way or the other if it closes this week above or below 100?? My instinct tells me one way or the other could prove the start of a nice trend in either direction next week.
that cable trade just missed my first limit and is stopped the fuggout, gonna move up my stop and hold what's left over the weekend I think