Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return:
36,164.0%
Cable Update - Continued 102 replies
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cable short for gbpusd? 6 replies
Disliked{quote} Okie Dokie So I guess you're long from the bottom of today then. Well done! Have a great weekend folks.Ignored
Disliked{quote} All I'm saying, that if I'm a bull and want to buy, I let the bears do their job. I just wait and with only bears on the market, the price drops quick. Then when the price is low enough, I start buying. For me, bulls and bears wanting the same, means one stay out and let the other do the job. Thats why most quick spikes get reversed, depends what timeframe they are done on. US market opened and it started falling right away...with not even an attempt to go from a little higher, which is normal for every session open, when price is falling....Ignored
Dislikedits true buyers make a market go down by taking profit ,they must sell ,then they buy again , but the dilemma we have is todays candle bullish or bearish , {quote}Ignored
Disliked{quote} Last time we had a candle like that around 6880, before an attack of 6997, it looked similar. The day had a similar pattern, too.Ignored
DislikedWeather we are bearish or bullish is an interesting debate right now. Both sides could make points. There doesn't appear to be much news coming out on monday, so unless this whole Ukraine deal blows up some more, we might be waiting til Tuesday for any direction either way. In any event, i'll keep trading my plan no matter what.Ignored
Disliked{quote} Do not comment on something you do not know of. Another GURU.. Back to party.. RegardsIgnored
DislikedIt may finish somewhere around 1.7098............might see 1.7110 / 1.7120 ish before it drops or may drop before then to 1.7060-ish.........like over weekend........Ignored
Disliked{quote} I don't claim to be a guru, but I am not sure how continually adding to a losing position, with ever increasing lot sizes, is a good strategy. Many traders have ended their trading career doing this. I guess if you have an infinite account, the strategy would work. buy 20 lot goes lower, then 30 lot, etc...eventually price will turn, unless it is a true Black Swan event. I don't have the cash for that. that martingale casino style works until it doesn't and when it doesn't you are through. But since I "do not know of" I would love to learn...Ignored
Disliked{quote} I don't claim to be a guru, but I am not sure how continually adding to a losing position, with ever increasing lot sizes, is a good strategy. Many traders have ended their trading career doing this. I guess if you have an infinite account, the strategy would work. buy 20 lot goes lower, then 30 lot, etc...eventually price will turn, unless it is a true Black Swan event. I don't have the cash for that. that martingale casino style works until it doesn't and when it doesn't you are through. But since I "do not know of" I would love to learn...Ignored
DislikedI'm probably 100% wrong here but, what I see in the structure of today's PA is strong sellers (price moves down hard and fast), and then those sellers taking Friday profit (Price dribbles back up as sellers close positions). I see no signs of "buyers" in the return up. Anyway, have a great weekend folks. The Coronas are cold and I'm finished for the week. {image}Ignored
Disliked{quote} This is a great area for a turn, will keep an eye Monday and Tuesday for a decent entry trigger for a short. But with this strong reaction from 1.70330, any short I take will be 1-1 trade. Actually feel like with this daily pinbar, we could not see a push to multi year highs from here. But as always, PA leads the way. Have a nice weekend.Ignored