90% of traders use TA, indicators and prediction
Cable Update (GBPUSD)
- #285,741
- Aug 4, 2011 11:42am Aug 4, 2011 11:42am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
- #285,742
- Aug 4, 2011 11:46am Aug 4, 2011 11:46am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #285,743
- Aug 4, 2011 11:53am Aug 4, 2011 11:53am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #285,745
- Aug 4, 2011 12:06pm Aug 4, 2011 12:06pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
agreed?
90% of traders use TA, indicators and prediction
- #285,746
- Aug 4, 2011 12:56pm Aug 4, 2011 12:56pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
does anyone expect a move again near 6260 next h1 candle?
90% of traders use TA, indicators and prediction
- #285,749
- Aug 4, 2011 4:52pm Aug 4, 2011 4:52pm
Hey bro thanks for your condolences (!) and advice... So far i have had a beer and am planning not to trade today even though I feel the addicts urge welling up... haha... got way to much work to do anyway so it suits. Sounds like things could be nuts today given US market drops and NFP etc... Good advice re looking things over on the weekend too...
I think EUR and GBP have been much harder to trade in last couple of weeks with US situation so we shouldnt blame ourselves 100%... im sure there will be people who say "well i was short from XYZ so i was fine, couldnt you see it you muppet?" Whatever, as long as we learn something, you can only go at your own pace... GL all today...
I think EUR and GBP have been much harder to trade in last couple of weeks with US situation so we shouldnt blame ourselves 100%... im sure there will be people who say "well i was short from XYZ so i was fine, couldnt you see it you muppet?" Whatever, as long as we learn something, you can only go at your own pace... GL all today...
- #285,750
- Aug 4, 2011 5:04pm Aug 4, 2011 5:04pm
hello,
dont forget tomorrow is 1st friday of new month....
check calendar
today n tomorrow stops will be eaten below here or above there
I think everything is messed up right now... US debt was a drama, US stpcks is currently going down, JPY is chaotic, and latest news is about italy in trouble. What else can go wrong?
This world is messed up. I'm moving to mars....
- #285,751
- Aug 4, 2011 5:11pm Aug 4, 2011 5:11pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Hey bro thanks for your condolences (!) and advice... So far i have had a beer and am planning not to trade today even though I feel the addicts urge welling up... haha... got way to much work to do anyway so it suits. Sounds like things could be nuts today given US market drops and NFP etc... Good advice re looking things over on the weekend too...
I think EUR and GBP have been much harder to trade in last couple of weeks with US situation so we shouldnt blame ourselves 100%... im sure there will be people who say "well i was short from XYZ...
we all make mistakes it human nature, the only thing u could have done perhaps is look at higher time frame but even then it quite easiy could have gone the other way..so dont worry about it..
the next time u enter u probably get it right..
- #285,754
- Aug 4, 2011 11:50pm Aug 4, 2011 11:50pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
......... Sounds like things could be nuts today given US market drops and NFP etc...
I think EUR and GBP have been much harder to trade in last couple of weeks with US situation so we shouldnt blame ourselves 100%... im sure there will be people who say "well i was short from XYZ so i was fine, couldnt you see it you muppet?" ............
if some of these things is missing....trading is a suicide imho!
this thread help all of us on charts, technicals and something on fundies.
last couple of weeks, mostly this week i noticed market is moving deeply in technicals!
all those things about us debt, euro default, war her war there, jpy's shits etc.... are only news for people like my mother and my grandpa!
they confuse traders: if i think that price is going stright to eat a support or a resistance thinking "well, us debt is huge, now GU breakes above and go to 65" or something like "well dow jones crashes, us dollar goes stronger, GU is eating 6230 support!"
things are on charts! when i trade i turn off all these things, i turn on some good music, and look at charts again again n again. until i see what market is saying.
yesterday i opened a new chart. see below what i noticed in 2 minutes..
so clear! while price was moving was hard to define due to all those thinkings...
90% of traders use TA, indicators and prediction
- #285,755
- Aug 5, 2011 12:05am Aug 5, 2011 12:05am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
in my daily chart, yesterday price closed below 6260 and previous 9 candles...
what a strong bear move!
looks like market is going sideway to wait the right day to go touch main levels (6515 23% fibo and 6060-6080 backtest of channel) without breaking out whole picture
hourly H&S imho still not confirmed 100% and price is supported exactly at ema200 in h4 near 6228.
i wouldn'd be surprised to see price moving at least near 6320 which is ema60 in h4 and near daily pivot line.
what a strong bear move!
looks like market is going sideway to wait the right day to go touch main levels (6515 23% fibo and 6060-6080 backtest of channel) without breaking out whole picture
hourly H&S imho still not confirmed 100% and price is supported exactly at ema200 in h4 near 6228.
i wouldn'd be surprised to see price moving at least near 6320 which is ema60 in h4 and near daily pivot line.
90% of traders use TA, indicators and prediction
- #285,756
- Aug 5, 2011 12:10am Aug 5, 2011 12:10am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
strong push near 62935..
90% of traders use TA, indicators and prediction
- #285,757
- Aug 5, 2011 12:16am Aug 5, 2011 12:16am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
strong push near 62935..
90% of traders use TA, indicators and prediction
- #285,758
- Aug 5, 2011 12:30am Aug 5, 2011 12:30am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Morning everyone! 
Nasty stock market moves and NFP day. I'm looking forward to NFP figures. On a day like today this could lead to a long (and I mean in time, not direction) trade.
Nasty stock market moves and NFP day. I'm looking forward to NFP figures. On a day like today this could lead to a long (and I mean in time, not direction) trade.
Gone to a better place
- #285,759
- Aug 5, 2011 12:30am Aug 5, 2011 12:30am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #285,760
- Aug 5, 2011 12:32am Aug 5, 2011 12:32am
- Joined Jul 2007 | Status: Trader | 5,392 Posts
ex member