Cable Update (GBPUSD)

Quoting Kanzler

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{quote} Price goes up, price goes down. Not a surprise, but forecasting when that happens can't be based on "it's just too high". Price is never definitely "too high" or "too low", otherwise you'd get rich using a stochastics indicator...

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Quoting forexalien

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{quote} You know me too well............I love triple stochastics and a couple other indicators and you can be a steady Eddie.................... Profit chart since Sept 1 - I will let you know if I blow it up someday down the road................... When you learn to use then out of the box, good things happen........... {image} {image}

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Quoting Kanzler

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{quote} I'm not an indicator person as you know, but good job on the returns. What are you doing to determine a stop loss though?

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Quoting forexalien

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{quote} Alien does not trade with stop loss. High probability trading with low exposure and I have learned my system well, to have the confidence to place winning trades, even when the market goes against you a little, that is an opportunity to add one more small position for more larger profit, But, you do need to know what you are doing with risk management and most don't. Multiple TF's are very Important also with this system, you need to understand what other TF's are doing before placing a trade to increase your odds. All indicators do is give...

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Quoting iahmedz

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What are TF and stochastics? {quote}

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Quoting forexalien

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Pound Daily count with the daily topping soon........... H4 is at a top, looking to see how much higher this can go, not much IMO {image}

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Quoting forexalien

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Pound Daily count with the daily topping soon........... H4 is at a top, looking to see how much higher this can go, not much IMO {image}

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Quoting neil324

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Some big gaps, any news over the weekend.

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Quoting guess121

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{quote} Some idiot said he's not running for the fed job. http://www.npr.org/blogs/thetwo-way/...-reserve-chief

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Quoting inpatient

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{quote} Some idiot? Larry Summers? Professor and former President of Harvard University. Not sure he qualifies as some idiot.....

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Quoting guess121

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{quote} It's late, one it tired - and you think MOST of these people made it to where they are where they due to what they know or who they know? Who you know gets you a job (people all within that circle have somewhat connections) and it's what they know that keeps them in the job (just about enough in my opinion).

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Quoting guess121

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{quote} It's late, one it tired - and you think MOST of these people made it to where they are where they due to what they know or who they know? Who you know gets you a job (people all within that circle have somewhat connections) and it's what they know that keeps them in the job (just about enough in my opinion).

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Quoting inpatient

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{quote} Sure, who you know helps get you an entry level job at Mcdonalds. However, to become a professor at Harvard requires number 1 a Phd with a published research paper of merit. Sure, there is a Jewish click at Harvard of which Summers is part but he is no idiot.

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Quoting inpatient

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{quote} Sure, who you know helps get you an entry level job at Mcdonalds. However, to become a professor at Harvard requires number 1 a Phd with a published research paper of merit. Sure, there is a Jewish click at Harvard of which Summers is part but he is no idiot.

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Quoting Ill-b-back

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{quote} He rejected the "opportunity" to oversee the biggest shambles in recent US/global economic history for a measly $200K. You are right, he is no idiot...

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