POSTMASTER
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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
Disliked{quote} Mayor reverse to the upside today. I am dragging the Algo with me.Ignored
Disliked{quote} {quote} Hello Walliam, I am still in Singapore and finished my paper about three hours ago. I would like to share some basic insights on how I view supply and demand in conjunction with price action, rather than as a standalone concept. We will be looking at a real-time live example to help you better understand how the law of supply and demand works. However, it typically takes an average trader around five years to fully understand supply and demand. I will try to explain it in one post, but I doubt it will be possible to make anyone fully...Ignored
"It's strange to declare "The Trend Following System is Dead" when we're in a large sideways channel where Supply/Demand has to be chewed through before a new trend can start. It's only been around 3 months. Sideways happens. Markets have been doing this since the beginning of time. So, start yourself your own new trend of trading from top to bottom of the channel until you're wrong and then you'll have a breakout into a new trend. Or, better yet, find something to trade that isn't in a sideways channel and don't crap where others are happy making big $ trading from top to bottom and bottom to top sideways on the larger time frames."
You're welcome for me writing the idea and summary of your presentation. Does anyone have any ideas on what charity ole Pat can make a check out to for my half of his presentation fee?
Also interesting is the poster has not started an actual trading thread since 2013 when he disappeared off of FF only to pop up again in 2021 with threads that seem to only skirt the edges of trading, but no trading system or trading charts to show for his 7 years of absence.
Pardon me for being a tad sarcastic here, but I feel it is disingenuous for someone to take a dump on something that works consistently as a way to ride the big$'s coat tails one day and then give a presentation praising it ten or so days later. Something very off about that.
Disliked{quote} Dollar is reversing for most pairs for a few weeks. My 2 cents. Cheers I am dragging the Algo with me next week, usdchf. Flushing the toilet.Ignored
Disliked{quote} Already done on friday. Do not need good luck but thanks anyway, take care.Ignored
Disliked{quote} I'm sorry to keep you waititng. I was in Singapore, As an invited speaker presenting case studies on elite performance at Singapore CFA conference I delivered a presentation to the audience that lasted for an hour. It may have been too complex for you to understand, however. 00:00 – Intro 02:06 – Excellence: More than Ambition, Hard Work, Talent... 16:17 – 1: Self-Concordance, Sweet Spot 29:45 – 2: Skill Acquisition, Technical Preperation 44:10 – 3: Delivering on Demand, Control Under Pressure 51:08 – 4: Sustaining Success, Continuous...Ignored
DislikedSomebody needs to hear this. The most difficult hurdle to overcome is staying with a trading strategy. Sticking with a trading strategy is easier said than done especially when the losing streaks starts coming. As long as that trading strategy has been backtested and forward tested, stick with it come rain, come shine. Jumping from one strategy to another will never end well and it will only prolong your journey to profitability. Stick with that strategy, improve it and learn from your mistakes. Goodluck.Ignored
Disliked{quote} In Van Tharps's book "Trade Your Way to Financial Freedom", he includes a chapter that discusses many of the naturally wired psychological biases we as humans possess. It is important to know what these biases are because they are what steers us to failure. One of these biases is called the "Need-to-Understand" bias. He basically says who cares what moves the markets. Since most successful traders out there are using systems that give them probabilities not much above chance, they probably don't "understand" what's moving the markets either....Ignored
Disliked{quote} Hello I hate to ruin everything but yes you are right and no you are not. Education is key here. If you're sticking to a strategy that doesn't work then you're wasting your time. There is alot of bad education around in FX community it's crazy. As rookies we will fall for it most likely but If you think on your feet then you understand quickly what works and doesn't. So how do you determine whether it's bad education or not? I think if you're not making any € in 3-4 months then it doesn't work as it suppose to work. It shouldn't be that...Ignored
Disliked{quote} Is this the same Pat Chiko who started a thread a couple weeks before this presentation stating "The Trend Following System is Dead?" And is he talking about supply/demand? Supply/Demand being a cornerstone of trend reversals and trend continuations and "seeing" big$ accumulation on the charts and riding the big$'s coat tails? The same Supply/Demand he alluded to no longer working because "The Trend Following System is Dead." Hmm, it almost seems like someone asked him to speak about trends/Supply/Demand so he started that thread so he could...Ignored
Disliked{quote} Pat this is literaly an EXACT COPY from a presentation by James King on april 25th 2021. Nearly two years ago on youtube. this is the youtube link: https://youtu.be/sSwnOdX2gGQ Same title and chapters, down to the minute. So either you are James King or you plagiarised his podcast for a presentation, or you are a fantasist projecting an image of someone you are not. Also there are no CFA events in February: https://cfasocietysingapore.org/events/#events I dont know why you are doing this. Its quite misleading. A bit...Ignored
DislikedHope you all having a great weekend. Weekend GU gap up. {image} Broker signal sell order 11928 tp 11703. Would be nice.. my point of interest will be 11728.8, sbr, wick gap. Opened a sell at 11954, paying 6 pips spread. Better be worth it!Ignored