Magpie Trader
Tuesday, November 15, 2005
14/11/05
The cable limit on Friday was triggered, but it failed quite spectacularily, moved SL to breakeven +1 and left it.
+1
Monday:
Went long cable 1.7452 x 2 thinking this could be the promised rise to the heavens for christmas and closed at 1.7465.
+26
Shorted again at 1.7463, took half on a limit at 1.7448 and left the rest to run with SL at BE +1 as it made a C down, left an exit limit at 1.7355 as a double bottom seemed likely and went to bed. Nice way to wake up in the morning.
+15
+108
The COT data is still saying the big boys (and girls) are long. The range is 1.7350 to 1.7500 so will be looking to play that until there's a concerted move in either direction - presumaeably north, but you never know for sure.
+1
Monday:
Went long cable 1.7452 x 2 thinking this could be the promised rise to the heavens for christmas and closed at 1.7465.
+26
Shorted again at 1.7463, took half on a limit at 1.7448 and left the rest to run with SL at BE +1 as it made a C down, left an exit limit at 1.7355 as a double bottom seemed likely and went to bed. Nice way to wake up in the morning.
+15
+108
The COT data is still saying the big boys (and girls) are long. The range is 1.7350 to 1.7500 so will be looking to play that until there's a concerted move in either direction - presumaeably north, but you never know for sure.
// posted by Magpie @ 12:44 pm 
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