up up and away from here
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Why is GBPUSD called cable? 67 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
DislikedLike I said since forever and even last week guys, the trend is still down. I have not seen anything to convince me that the trend has changed direction, ever. All they do is entice you to buy, thats it. Do you see how GU has went 90 pips down today? How do they do that? Slow and steady. I have said this a number of times. The real forex move is slow, steady and relentless. It keeps going on and on. It may stop for a while to make you think, or there is support maybe it will hold, after an hour or two, price just goes through....Ignored
Disliked{quote} Learner-xx, do you think that we are a bunch of idiots here who don't know that every support/resistance can be broken and we don't have a contingency plan, like SL? Traders here trade using different time frames, have different objectives, and trade their own plans, methods, approaches...Ignored
Disliked{quote} historically all time High or low what will be ur trade position? Gu will need some heavy bad news to drop that muchIgnored
Disliked{quote} I'm sorry man. I certainly did not mean to trigger you or anything and was in no way trying to make a point that anyone is an idiot. It's just that i was taught trading by a bank trader and he told me how they laugh when they hit your stops. It pisses me off. Sorry if I sounded belittling to anyone, I just hate these guys. He told me about how sometimes they trade in a range to accumulate contracts by validating the chart patterns, the fibs, the support and resistance and how sometimes they make a support hold so that you make little profit...Ignored
Disliked{quote} We have many trends intraday short mid long which of them are u trading? GU is bullish in long termIgnored
Disliked{quote} Did said 'bank trader' have to go through a wardrobe each day to get to his fabled land, or perhaps he was on a quest to throw a ring into a big volcano? Honestly, that old Chestnut - all the bank traders sitting around laughing at all us retail traders that make up a whopping 2% of total volume traded. I've been a bank trader in London and 2 years in New York, (Not Botswana,) and I can assure you we had better things to do. Retail didn't even figure in our minds. We may not be market makers, or indeed have the volume to move the market,...Ignored
Disliked{quote} I have since been taught that the only edge there is, is to trade in line with the dealer/market maker. All other things operate on luck You wait for him to show you a hand and then take the trade with a big lotsize without any fear because you are reacting to what he shows you. I was told that trading should not have to be stressful, you crying there, red eyes, watching your charts all day, stressing over whether support will hold etc. I get in everyday, take away $500 and sit aside as I watch people erode...Ignored
Disliked{quote} standard zone for an extended W:5...we will see if it will hold.Ignored