Allow me to present... the greatest moments on Cable Update.
Comedy and drama at the same time! And a learning lesson to new traders that tend clap gurus. Here is the ultimate conclusion about experts.
Now the comedy....
April / May
The public... "But Why Igrok?"
The public... "aaaaaaaaaahhhhhhhhhh hahahahahaha "
The public... "So what? King is going to issue an order for BoE to dump pounds because of technical stuff on the MetaTrader in his laptop?"
The public... "But hey, imagine two countries starting. If the ppl pay no attention to information, one of them might be a desert and the other a giant oil field, but the desertic one can have the richest currency thanks to techs. Is that it?"
The public... "Where does the sentiment come from then? The heat in the summer? The spring and the flowers? Sentiments that comes from the air?"
.......
.......
The Public... "ooooooooooohhhhhhhhhhhhhhhhhhhhhhhhh hahahahaahahaa "
-----------------------------------------------
Later...
Now the drama....
But today(July 11st)...
We are 1100 pips away from that target. So... what happened?
Comedy and drama at the same time! And a learning lesson to new traders that tend clap gurus. Here is the ultimate conclusion about experts.
Now the comedy....
April / May
Quoting IgrokDislikedCable has no more business above 2.0100-200. If it's indeed a broadening triangle then we're looking for 1.9250-9300 level in a few weeks.Ignored
Quoting IgrokDislikedIt is quite likely that 1.4000 level will come before 2.0300.Ignored
Quoting IgrokDislikedIt seems to me that I have already overlasted in this business most of the traders... only the future will show who was right or wrongIgnored
Quoting IgrokDislikedUsually the market does what it is supposed to do regardless of fundamentals. There is always a fundamental explanation comes after the market makes any reasonable technical move.Ignored
Quoting IgrokDislikedFundamentally opinionated traders don't usually last that long.Ignored
Quoting IgrokDislikedContrarians rule the market and the crowd pays them all the time.Ignored
Quoting IgrokDislikedThe most challenging thing I have ever experienced in relation to the market was teachnig my students to see the obvious. My 14 years trading experience tells me thatIgnored
Quoting IgrokDislikedMarket is about sentimentIgnored
.......
Quoting IgrokDislikedI remember that once we sold 1.6 billion contract taking profits on the USD/JPY at once dropping this pair more than 100 pips just because we were running late for a party in Vegas.Ignored
The Public... "ooooooooooohhhhhhhhhhhhhhhhhhhhhhhhh hahahahaahahaa "
-----------------------------------------------
Later...
Now the drama....
Quoting IgrokDislikedIt's an obvious broadening triangle on Cable. December high->January low->January high->March low->April high. If it's now in the process of turning into a diamond then the next target is obviously to match January low at 1.9260. http://www.forexfactory.com/attachme...1&d=1179781230Ignored
We are 1100 pips away from that target. So... what happened?
Quoting IgrokDislikedHi son... what are you doing?Ignored
Quoting IgrokSonDislikedHi... im eating flies. We dont have money to buy milkIgnored
Quoting IgrokDislikedI'm sorry son, i thought that i was doing well, ignoring years of economic studies about monetary policy. I really believed that the market was rulled by sentiments like heat in the summer or the sight of the oceanIgnored
Quoting IgrokSonDislikedBut dad, weren't you in the diamond businessIgnored
Quoting IgrokDislikedNo.. i am on the Foreign Exchange Market for 14 yearsIgnored
Quoting IgrokSonDislikedWow... so you have more than 5000 days of trading and you still dont get it?Ignored
Quoting IgrokDislikedSHUT UP damn it. And please.... save me some flies!Ignored