Disliked{quote} Is there any of those that you have been consistently good at?? Because if not you might end up going through same stage as with Gbp/Usd...Ignored
Striving for consistency
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cable short for gbpusd? 6 replies
Disliked{quote} Is there any of those that you have been consistently good at?? Because if not you might end up going through same stage as with Gbp/Usd...Ignored
Disliked{quote} No I've just been trading then on longer timeframes and not trying to catch a quick buck on the shorter timeframes as I seem to be doing with cable.Ignored
Disliked{quote} What I'm getting at is it's probably your trading style and not the pair...so no matter what pair you trade you'll eventually end up in same position because I'm 10,000% sure Cable is not the only pair traders do their dough on.... Don't take this personally, it applies to all of us who haven't mastered trading yet....Ignored
Disliked{quote} Yes and I may add that it's not only a matter of time (how many time you will spend in front of your screen doing something) or how much you are smart, disiplined atc. It is also a matter of the the people you are trading with, meaning the people are mentoring you (by books, webinar, forums or whatever) If you met the wrong people (mentors, books, atc.) you may loss your antire life trading without obtaining absolutely nothing.Ignored
I am currently reading Market Profile by Chicago Board of Trade obviously inspired by Lock here
Disliked{quote} When I started out back in 07, I exclusively traded the EU on a 30 mins TF. I had mixed results, I blew up countless accounts, over a long period of time. I read that the higher TFs are better and I could not for the life of me contemplate trading on higher TFs. I particularly hated the 4HR TF. But over the years I have come to appreciate the power of the 4hr TF. Its a very strong picture and if followed,particularly on the cable, can make the picture way clearer. Scalping for me is way too difficult, I prefer to have time to think over...Ignored
Disliked{quote} I add a note to yesterday pit session: when coming higher it left behind 2 anomalies one at 3318 zone and an other one at 3309 zone. These two could be revisited before or after.Ignored
DislikedCan somebody throw down a Yard Short so I can close my Short at 3300....Ignored
DislikedCan somebody throw down a Yard Short so I can close my Short at 3300....Ignored
Disliked{quote} GB open with a gap from yesterday high but right below the old gap down base 3221. So there is no an overlapping of those two gaps. If the new gap upwards resists the old one is a pretty target.Ignored
Disliked{quote} Good morning, overnight action added 2 possible (probable) tagets to the last list: today Tokyo poor high at 33385 today Sydney poor high at 33405 Yesterday 09.12 pit session poor high at 33468 Friday 09.09 preUS session poor high at 33595. GB 09.07 poor high at 3421 Tokyo 09.07 poor high at 3424 Tuesday 09.06 pit session poor high at 34445. I repeat here that the fact that these reference are close one each other increases exponentially the odds for a higher price action in order to remove them. But this not mean it is sure, nor that it...Ignored
DislikedIF price continues to move down, it may stall at 1.3280 and come back up a bit to to wait for inflation news.Ignored
Disliked{quote} That's for sure but also expecting a bounce at 3300 where bids are placed....Ignored
Disliked{quote} Hello Lock, shall u please explain how you decide if a low or high is poor or rich? The old Gap (3339-3221) is refered to what session ? Thank youIgnored