I have seen just as many trend traders blow out. It's not what you trade, it's how you trade it. If one method does not work for you, it does not mean it won't work for someone else.
Surely diversity is the spice of life?
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
DislikedI'm not trying to justify my logic. As a philosophy lecturer I spend all day doing that! Instead, I'm here to learn, nothing more.
I have seen just as many trend traders blow out. It's not what you trade, it's how you trade it. If one method does not work for you, it does not mean it won't work for someone else.
Surely diversity is the spice of life?Ignored
DislikedI am really not trying to slam you nor insult your logic or reasoning....Ignored
DislikedI am really not trying to slam you nor insult your logic or reasoning....Ignored
DislikedI am really not trying to slam you nor insult your logic or reasoning. I think if you take some time and read through the information that I post and the responses, it is not to pick a fight.
Giving the chart a quick look...Since it's last retrace we have come 130ish pips from bottom on a chart that is uptrending.
If you read through the posts since we touched support and began a climb, you will see how many others have been shorting and waiting and losing on this logic.
This is counter trend trading.
Check all of the posts where people...Ignored
Dislikedwtf is going on???
e/u u/j and everything is weakening appart from the poundIgnored
Dislikedthe logic is behind the time frame...and actually on a longer term, longer than 4hr we have been in a range..5 months...maybe that why people were short.
also look across the market and see where USD sits
theres no right or wrong way to trade.
one more thing, i ask this because im curious, u have 2 indicators for macd, same setting, what are there purpose on yur chart cause there identical?Ignored
DislikedI don't think the pound has anything 2 do with Bernanke...,,, different matter..,, heard somewhere hsbc/barclays buying cableIgnored
DislikedNav...check back, a waaaaaaaaaaaaay long time ago to when I started posting on this thread, because you asked me the same question.
Put the OSMA and MACD onto your chart....Ignored
DislikedPound index bouncing off resistance atm. Dollar climbing hard (probably due to ben)...no?
No matter, I'm only trading EJ now anyway..........Ignored
Dislikedyes we all different just dont like trading small time frames, id rather enter once and leave it come 2 months later, thats where i want to be.
i hear yah thou...playing ranges like what we have is very profitable and i would have as well..if ony when i was live the first time i didnt lose so much, for me to long cable i have to be convienced..but now that time is changing, monthly close above 1.67...i will be long
happy trading to u ...glad u making pipsIgnored
Dislikedfalling wedge, bottom trendline and wave 5 complete..its in correction mode now hopefullyIgnored
DislikedPound index bouncing off resistance atm. Dollar climbing hard (probably due to ben)...no?
No matter, I'm only trading EJ now anyway..........Ignored