hi all
this is my first post
dont doubt with first poster, just act next week, according to the chart.....lol.....j/k
this is my first post
dont doubt with first poster, just act next week, according to the chart.....lol.....j/k
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
Dislikedhi all
this is my first post
dont doubt with first poster, just act next week, according to the chart.....lol.....j/kIgnored
Dislikedhi all
this is my first post
dont doubt with first poster, just act next week, according to the chart.....lol.....j/kIgnored
Dislikednice first diagram but if u look u will see a evening star formation..after this why u thinking up .....an explaination as to why we will go up would be good as it needed in this case....
i doubt there be a more conviencing bearish formation even if u looked the whole year ..it engulf the bullish candle completely..Ignored
DislikedYes, but it really is a trading robot, with all the advantages and disadvantages that that implies:
Advantages: No emotion, will execute trades according to set rules with extreme efficiency.
Disadvantages: Rule-bound, very inflexible, nothing in the way of judgement, discretion or insight..
The EA can be optimised according to past data i.e. to give max profit, minimum drawdown - If you have gone through this exercise, you really get to understand the meaning of "Past performance has no bearing on future returns"
An EA can be profitable for months, then tank because the market climate has changed.
Progress is being made in getting robots to do complex tasks, like driving unattended on roads, but trading the forex... hmmm?
See http://en.wikipedia.org/wiki/DARPA_Grand_Challenge
However one would be a fool to say "never", though a trading robot which consistently made money in all types of markets and generally available to traders might mean the end of FOREX as we know it. If such a beast exists, one would presume extraordinary efforts were being made to cloak the fact, including regular random losses..Ignored
Dislikedthnx bro and ur right it doesnt make sense in forex if everyone keeps winning
so u have a point it will be the end of FOREX if everyone uses a good EA tat never loses.Ignored
Dislikedbut if u look u will see a evening star formation..after this why u thinking up .....an explaination as to why we will go up would be good as it needed in this case....Ignored
Dislikedwhat u have to ask yourself is why would u make a EA that was profitable and would u sell it..? i doubt it...u would just use it and become rich...the reason why there sold is because it uses consistency and then probability comes into play and trading then becomes a game of chance...based on rules being met.
i reckon u may make money but in the end u definately gonna blow yur account or worse the house ....I think trading is all about discretion which is why 2 people can use the a same system and one will lose..just my viewIgnored
Dislikeddear naVIN2007,
i dont expert with candles formation, it;s harmonic pattern that told me the price will go north next week, i like the setup because the RR ratio is very good
cheers....Ignored
DislikedGuys and Gals,
Everyone: This is how this thread should work, with people helping one another, showing their charts and, EXPLAINING WHY THEY REACH THAT CONCLUSION!!!Ignored
Dislikedits looks like maybe a short move up and then down again...remember the trend is down so there no telling where the bottom is...i wish u luckIgnored
Dislikedor maybe
its looks like, a short move down a bit and then up for the rest of the week.....and remember the trend is easy to spot after the fact....wish u uck too, buddy
hey...its nice to have other opinion, make us alerted as a trader
cheersIgnored