Cable into Data… September 3, 2010 | 50Pips Let’s see what happens… ISM still to come, not a day to take longer term trades. Cable gave us a very nice scalp long on Non-Farm, here it is: > Click on charts to enlarge < Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)MoreClick to print (Opens in new window)Click to share on Tumblr (Opens in new window)Click to share on Skype (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Telegram (Opens in new window)Click to email a link to a friend (Opens in new window)Click to share on Pocket (Opens in new window)Like this:Like Loading...
1.5394 has been crossed a few times so support wouldn’t have been as strong. Obviously I can see the 50% support but how to enter off it, that’s key. Just interested… Reply
Any pierce of 50% back with stop behind 61,8% was good, that’s the play we aim for. Hope that’s clear. Thanks for the comment. Reply
Are you still swing short on cable? There are lower highs on the 1hr (despite the higher lows) and the 1st bounce from the 61.8% is still in play? Reply
No, no position. Please use twitter for these kinds of questions, you will get a much quicker answer @50Pips Reply
1.5394 has been crossed a few times so support wouldn’t have been as strong. Obviously I can see the 50% support but how to enter off it, that’s key. Just interested…
Any pierce of 50% back with stop behind 61,8% was good, that’s the play we aim for. Hope that’s clear. Thanks for the comment.
Are you still swing short on cable? There are lower highs on the 1hr (despite the higher lows) and the 1st bounce from the 61.8% is still in play?
No, no position. Please use twitter for these kinds of questions, you will get a much quicker answer @50Pips