I am not sure, a trader from this thread was asking about the meanig of price action. I promised to do case study - here it is. in case you are interested in detail - see my blog. everybody is welcome
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
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
Dislikedcan we pls cut the soap operas crap and start throwing in charts and thoughts
pls everybody stop talking about bull shit and start posting trades and thoughts i`m fucking sick of it ok ?Ignored
DislikedAlthough I agree in essence :-
1. Learn to trade for yourself, don't rely on people you don't know and might well by 10year old kids on the internet bored.
2. Back test these charts that have been previously posted and see how truely meaningless they are.
3. Only post charts based on some real statistical probability rather than the BS thats posted around here.
+50 on the week so far and yet everyone was shorting, do you not see my isssue ??? People who repeatly try to short every what looks like a top are not good traders!!Ignored
DislikedAlthough I agree in essence :-
1. Learn to trade for yourself, don't rely on people you don't know and might well by 10year old kids on the internet bored.
2. Back test these charts that have been previously posted and see how truely meaningless they are.
3. Only post charts based on some real statistical probability rather than the BS thats posted around here.
+50 on the week so far and yet everyone was shorting, do you not see my isssue ??? People who repeatly try to short every what looks like a top are not good traders!!Ignored
Disliked2. Backtest my charts or what charts ? Because if you mean my charts, then I really do not feel I should backtest as much as before since I tend to say that my payout is positive for some time now...enough said bout that.
3. The chart I posted almost has a statistical edge but it will never be 100% of the whole discretionary decision because trading is also screen experience and an art in its own. But statistics do help...sometimesIgnored
Dislikedglad u agree finally on something...i knew u`d appreciate the approach somehow
1. I will never stop learning and I will never learn from anybody else. That actually hangs from the top right of my computer. Yes, I`m a post-it kind of guy, I like to have everything in front of my eyes gives a boost to discipline. Cant explain why and do not want to, try it if ur curious, I endorse it.
2. Backtest my charts or what charts ? Because if you mean my charts, then I really do not feel I should backtest as much as before since I tend to say that my payout...Ignored
Disliked2. Back test the charts posted by others, which you so much want this thread to go back to.
3. I'm a math's / Stat's guy if I can't prove a edge as being viable live not after the event like most are then I don't use it, simple as!!Ignored
Dislikedtrue, true, true. I would say something more: somebody who is trying to catch pick lows or highs doesn't have much chances to succeed (IMO).Ignored
Dislikedoh got you, well the charts of the people i deem lacking any logical point and worthless of any practical value are on my short list so i know whom i have chosen to hear and analyze his opinion because i always like to hear another side`s point of view regardless of mineIgnored
DislikedAlthough I agree in essence :-
1. Learn to trade for yourself, don't rely on people you don't know and might well by 10year old kids on the internet bored.
2. Back test these charts that have been previously posted and see how truely meaningless they are.
3. Only post charts based on some real statistical probability rather than the BS thats posted around here.
+50 on the week so far and yet everyone was shorting, do you not see my isssue ??? People who repeatly try to short every what looks like a top are not good traders!!Ignored
Dislikedtrue, true, true. I would say something more: somebody who is trying to catch pick lows or highs doesn't have much chances to succeed (IMO).Ignored
DislikedIf I could only remember what I was doing when I first started trading and do it in reverse, I could seriously be the most successful trader ever.
I had Bought every Top and Sold every bottom possible!Ignored
DislikedFEAR makes you trade the stupid way, which is illogical but it does, I'm still fighting and have to force myself to not pick tops / bottoms and occasionally I give in and take a huge account loss.
Getting there though!!
Also 95% lose the Stat's suggest ( no idea on accuracy ), but 100% of the people here pretty much are profitable and Pro's, hmmmmmmmmmm.Ignored
DislikedIt was seriously gross and embarrassing...I would buy because the chart was spiking massively, only to see that I never made a green tick, and would hold that mother until I couldn't stand the pain anymore and short, only to see that again, I would never see a green tick and back up she would go....
Watching forums and seeing other prosper around you when all you do is lose really fucks with your head.
I started watching the charts instead of the forums, and it was only then, I would see profit....Ignored
DislikedIt was seriously gross and embarrassing...I would buy because the chart was spiking massively, only to see that I never made a green tick, and would hold that mother until I couldn't stand the pain anymore and short, only to see that again, I would never see a green tick and back up she would go....
Watching forums and seeing other prosper around you when all you do is lose really fucks with your head.
I started watching the charts instead of the forums, and it was only then, I would see profit....Ignored
Dislikedthis is where i disagree because to me, it is a tuition fee, not a loss and it helps radically change the mind set because you would never want to pay for same tuition twice, would you ? what would be your "economic" cost if you purchase something you already know the answer of ? exactly your repetition of the mistake will be your economic costIgnored