
I finished the day with a gain of +201 USD. I made 2 trades on the Cable yesterday evening and several in the AM today. Not much happened after lunch until it broke out of channel (blue on 15 min.) and just took a 2 mini contract short position at 1.32 with a tight stop a previous swing high/low off the 15 min. chart. If it breaks above that price level and stops me out, it could easily run up near 1.3350 range (50% retacement from Friday’s high). Note: we moved down into ambush long today on the daily from lows in March and barely touched the 50%. I would expect this t o retested before looking long. This is a bit of a risky very short term trade with a tight stop. If it stops out I will be looking at next ambush short on the 1 hour chart.
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