DislikedBravado.
I was also long since 9719 also and closed it at 9830.
then grabbed a new one at the 9878 which I'm still holding.
trying to find this top.Ignored
BAM BAM BOOM! -bravado
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
DislikedBravado.
I was also long since 9719 also and closed it at 9830.
then grabbed a new one at the 9878 which I'm still holding.
trying to find this top.Ignored
DislikedUN sees the risk of a serious recession of the United States in 2007/2008, putting further downward pressure on the United States dollar:
http://www.un.org/News/briefings/doc...Ocampo.doc.htmIgnored
DislikedNo matter what we think and believe, the big sharks keep the Cable upwards.
Just 2 weeks ago was 1.96xx and now here we are 1.99xx.
Fundamental analysis make no sense at all lately.Ignored
Disliked{{{{{ EU showing signs of high and it may continue with dowtrend...(volatility of EU was very nice last weeks) }}}}Ignored
DislikedNo matter what we think and believe, the big sharks keep the Cable upwards.
Just 2 weeks ago was 1.96xx and now here we are 1.99xx.
Fundamental analysis make no sense at all lately.Ignored
Dislikedim new to forex and learning, i stick to cable, im having a rough time because of this statement above ..Ignored
Disliked
One thing I was taught which has always stood me in good stead... "always act in your own self interest ".Ignored
Dislikedthat's right .
rules of the game are slowly changing, because more and more people understand and successfully apply technical and fundamental analysis to make consistent profits.
if everyone starts to win, someone has to lose... but big guys? no. i don't think so. that 90% failing must be somehow maintained and it's gonna be among us, not among them.Ignored
Disliked...pretty much self-explanatory: in these markets (both forex and indices) fundamentals are shirked of by traders. however, realistically and long-term, as far as I'm concerned, fundamentals matter. think of the Dow and the Dax at the moment: no correlation to what's going on in the real world. Not just a pullback, but a hefty correction on the cards. It will be quick and it will be bloody...Ignored
DislikedYes - how many times have I capitulated - and said to myself > 'the market can remain irrational longer than i can remain liquid' - and about 1.2 nanoseconds after I come out, the fundamentals reassert themselves and the market becomes rational. It's no consolation being right too late.Ignored
DislikedI'm relatively new to forex trading same as Tatton..I am still learning...........Ignored
Dislikedyou need to learn how to draw a trend line. that top trendline on your channel is all wrong. if you draw it correctly, you will clearly see that the current level is above the top channel line.Ignored
DislikedJust to look at trend lines since 18th April we can see it has changed many times - pic 1, I myself have constantly altered it as times gos by as it looks better, however I learnt I was cheating myself here and it was costing me pips.
pic 2 shows another possible trend which is up and may signify $2+
Trend lines can help but Ive learnt that price can and will ignore them!
edit people already posted im too slow lolIgnored
Disliked..Perhaps you know a good reference site or book I could read.Ignored
Dislikedif you need more advice probably igrok is the one you should seek.
http://www.forexfactory.com/showthre...=21887&page=29
he is one of the technical gurus on this site.
///
how i do it is, generally you want to have at least 3 points touching the trend line. that's all.Ignored