DislikedDoes anyone in this thread actually make any money? 99% demo and micro traders with 50/50 opinions. Any real traders here?Ignored
Have a nice weekend.
Tra-X
Why is GBPUSD called cable? 76 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
DislikedDoes anyone in this thread actually make any money? 99% demo and micro traders with 50/50 opinions. Any real traders here?Ignored
DislikedImo any real true trader wouldn't even bother to post analysis or even look at this thread. I'm still using mini now and have ever lost alot 2x last year using micro (darn cable and GBP/JPY). Past 3 months have been good and consistent. Reading 'Trading in the Zone' currently and getting my mind smacked upside down. Let's see.
Have a nice weekend.Ignored
DislikedConsistency Wise thing to do would be staying aside during Asia / Europe open next week and jump in when direction gets clear, possibly by NYC.Ignored
DislikedAnd I use to be very good at calling "stay aside, watch, don`t hurry", but fail in the execution...Ignored
DislikedThis has been my vital problem also so far. It goes back to our mentality/attitude, nothing else (including techie/fundie analysis) matters. At least it's what the book I'm currently reading is talking about. The mind smacking continues...Ignored
Disliked
If I were to go on the cable monday morning on a 4 hour chart it would be short:
Entry 1.9607
Stop 1.9689
Limit 1.9525
Ignored
DislikedI think,that we'll see the bottom of usd/jpy around 114.Gbp/jpy will go south till 224-225.
After this moves I'll start with my carry trade again :-)Ignored
DislikedI think,that we'll see the bottom of usd/jpy around 114.Gbp/jpy will go south till 224-225.
After this moves I'll start with my carry trade again :-)Ignored
DislikedI'm thinking that the gbp which is at 1.9618 right now will go down to 1.9500 at least this week, early this week. Just an Adamus prediction. Good luck to all.Ignored
DislikedBoys and ladies,
When Monach was running the show here, you were having an easy time and had it soft and gentle.
Now that Cesar is taking over, those days are over ! ! You will have a hard time ! !
Look out for it. Leave or enjoy it ! !Ignored
DislikedGBP/USD
Cable's rebound from 1.9183 extended further last week, reaching as high as
1.9726. Break of short term falling trend line (1.9913 to 1.9672) confirmed
that correction from 1.9913 has already completed at 1.9183. More importantly,
cable's failure to break firmly below 1.9215/17 cluster support (50%
retracement of 1.8517 to 1.9913 at 1.9215, 38.2% retracement of 1.8090 to
1.9913 at 1.9217) indicates that such fall from 1.9913 should be a correction
to the rise from 1.8517 only. Hence further rally is now expected to follow to
retest this 1.9913 high.
From a near term angle, a short term top should be formed at 1.9726 after 4
hours MACD was dragged down to below signal line by subsequent retreat. Further
consolidation is in favor towards 1.9552 support or lower. But such pull back
is expected to be contained above 1.9395 cluster support (61.8% retracement of
1.9183 to 1.9726 at 1.9390) and bring rally resumption. Break of 1.9726 will
indicate rise has resumed for 1.9913 high. However, below 1.9390/95 again will
argues that the rise from 1.9183 has completed and will bring this lower into
focus again.Ignored
DislikedMonarch is reachable in other forums, for those who prefer easy and gentle. On my side, I don't find it very gentle making calls, people jumpping in, price going against and he showing up on the next day fiboing the screw up, never to comment the lousy entry.
Two things forex definitely is not: easy and gentle.
But I've seen people making profit out of the hard forex from the exchange of ideas here.Ignored
DislikedHi Cesar !
It seems that you are not a native speaker. Double read it and you will understand. Still don't get it ?
Listen, get a bit of help from Traex.
Traex, give him a hand.
ThanksIgnored