*******************
I'd rather make money than be right. ![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
Why is GBPUSD called cable? 67 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
DislikedJust closed the euro long too on rejection of the R1. Gonna stay on the fence now till the JC's come out in 30, my H4 still has 3 hours to go. Using a GMT+1 broker for my charts especially for that reason.Ignored
DislikedCalling short @ 1.52731
TP @ 1.52000 (Will close the trade manually if necessary)
SL @ 1.53731
I think that the pair is now leaving the overbought area, wiser to short here..
If we zoom out to 1H TF, there is a downtrend-line limiting the pair (acts as resistance)
Let time proves me wrong or correct...Ignored
Dislikedbollinger bands are perhaps the worst named technical indicator--john bollinger opting for a narcisistic branding of the bands ratrher than a more apt descriptive name-like volatility bands, (lol) ...Ignored
Dislikedthe chart i posted is a typical bull flag on 1 hour, wait for it to kiss 5200 then enter for 400 to 500 pipsif you know what i mean
it will give a fake out to the bottom before it happens
Ignored
DislikedI didn't do anything special
I just planned a bank robbery, published my plans in the newspapers and showed my charts on the TV
then went in and coolly collected my cash [24.7 pips]Ignored
Dislikedtotally agree about the flag. even more obvious on the 4h. but why 5200?Ignored
DislikedTower bottom is more commonly known as a "V" reversal. FXCM is GMT+1 so I get a completed H4 right before the London open, which for me is the most critical time of the day and gives me the best entries. I could not imagine using any broker for my charts that does not coincide with the LO. But that suits me and my strategy.Ignored
Dislikedwith bernanke due to speak soon
i refuse to open anymore trade, i am on bernanke strike
i will re-think after the us news are over
these guys cam create a hell of spikesIgnored
DislikedThere has been debates as long as FX has existed on what H4 and Daily times to use. I trade London and base my entire day around what London does, that's where the money is so I want my daily to open at 0000 London time and my H4 at the London open. All the traders in London look at the same candle times, so I want mine aligned with theirs. Now if I would focus on Timbuktu, then I would want my H4 to open at the open of Timbuktu. Ah wait Timbuktu is on GMT+1, maybe I should look into their markets too....Ignored
QuoteDislikedPalm oil maybe the currency of choice there, didn't we have a troll here for a while who was the king of palm oil?