Lower risk and higher reward.

Cable Update (GBPUSD)

This is very simple, I don't think E trades, he just loves to coach and post charts with tailored lines to support his opinions. I personally went thru this discussion with him before and realized that he prefers demo accounts coz they are lower ...

Cable Update (GBPUSD)

Where should I check the meaning of USELESS, Webster or Oxford ? I knew some people in my life with USELESS as their middle name And no, I don't like drums , but I love ANIMAL As always, manha manha

The Really Useless Thread

OK, so far, I got this: 1- U use daily and weekly TFs 2- U do take into account the major S/R levels and FIBOs 3- U wait till major S/R levels are broken then u work on the reversal-retracements. Am I right ? If I am right, then this is a GOOD ...

Cable Update (GBPUSD)

Simple like this !!!!

Cable Update (GBPUSD)

Not really, I don't like drums, I love piano and violin, but I love the Muppet character, Animal Yes, I love animals, mainly dogs, not crocs (yes, it's not an animal, it's a reptile). Manha Manha

The Really Useless Thread

Now I know where the name came from , I love it. It is really useless

The Really Useless Thread

Thx, I get confused with all these charts that have lines connecting tops and bottoms of candles with no real justification, he explained his methodology, which is fine, but u see tons of them here and u don't follow what the heck they're talkin' ...

EURUSD

OK, so your analysis is based on the daily TF, do u take into account fundamentals ? Coz if u work on DTFs then a piece of news like slower US recovery can affect levels, for example, I thought that cable would never reach 1.495x but it has, the ...

Cable Update (GBPUSD)

OK, then please explain ? Which candle tops and bottoms do u connect etc., maybe we can learn ?

Cable Update (GBPUSD)

Got ya, nice analogy, a frog in a blender

EURUSD

OK, let me get this straight, you are in a dilemma because u are not sure if it breaks up to 8xx or tends lower to 06xx, what TFs are u looking at ? D or 4H or 1H ? The way I see it is , long term, EURUSD will go lower for various macro economical ...

EURUSD

There was a reason it went down to 1.22x, is there a reason for it to climb back up to 1.24xx ? Or is this just a gut feeling ?

USD/CAD

Do u actually trade or just post charts with arbitrary lines drawn ? Can u explain why u draw the lines in such a way to match your comments , I would draw them differently. While FIBO is a great way, daily pivots and R/S are equally important, plus ...

Cable Update (GBPUSD)

Actually I am not here to say something clever before the crowd I have better things to do I should've taken your advice and went long, it's up like 150 pips since we started this side thread As for the techs, can u explain what points to ...

EURUSD

Yep, sure The problem is the prevailing sentiment, no one wants to long the EURO now, for a variety of reasons that i think u know very well. With QE, Grexit etc. factored in there is still pressure that the MMs and Fundies are short EUR and ...

EURUSD

That makes sense, yes, agreed. Thanks

Cable Update (GBPUSD)

Am sorry but missing something here, what do u mean by 4970 and if we miss then down to 4600 ? Is this a two way prophecy, can u please tell us your inclinations simply, UP or DOWN from here coz I could make statements like that too: 4930 from here ...

Cable Update (GBPUSD)

I agree, I have no idea why anyone would assume the EURO will surge upwards when the fundamentals that drove it down in the first place are still in tact. The max that can happen is a small surge up to 1.1xx or + or -, but up to levels seen before ...

EURUSD

Why back to 0842 ? There r fundamental reasons why the surge happened, the NFP indicates much slower economy in the US. Why would the EUR retrace ? Personally, I think it is over sold. Plus, the NFP suggest no rate hike soon.

EURUSD