OK. Thanks for telling me what seamed like common sense to me. Now I'm convinced. Today's market action might seem random to some, but I'm sure that someone gained by it's action, which is in itself not random, but also not orderly to the majority ...

Much of What You Know About 4X is Wrong!

Yes TheCable is wise. Be one with the market, have fun with the market. Those with crystal balls have no chance of future generations.

Cable Update (GBPUSD)

No it's 2.964532 precisely

Cable Update (GBPUSD)

I think the bottom line in any system is "There always comes a time when the trader must choose a direction. The factors that determine the direction are a vast assortment of variables from which we choose to base our choice." What we label the ...

Much of What You Know About 4X is Wrong!

Awe, Young GrassHopper! You must learn to see the Forex thru the Trees, Then all wisdom come to you. Grand Master tell MiniMe to hide behind hedge until market make intensions clear.

Much of What You Know About 4X is Wrong!

Here's a silly thought — Channel anyone?

Cable Update (GBPUSD)

Wisdom for Todays Trader — Confucious-MiniMe says Market with no direction not for player who need direction:

Much of What You Know About 4X is Wrong!

Well I hope you weren't trading the GBP/USD with the Daily trend, Hourly ect today Looks like the sleeping bears woke and toke over the trend thingies.

Much of What You Know About 4X is Wrong!

I am much too well aware of leverage. I don't have enough capital to generate sizable returns from small pip gains or the time to watch 15min charts for precise entries to be effective with a method/system like that. My point is this. I need a ...

Much of What You Know About 4X is Wrong!

Hi SL, With all do respect, this is a discussion thread in a discussion forum. Having said that, I neither take offense or nor will I try to offend you for anything you have said or will say and I hope that all the people who post here feel the ...

Much of What You Know About 4X is Wrong!

I wasn't sure what you meant in your weight lifting analogy or how that related to the subject of trends. I saw inference to the use of leverage by the various players in the market on one hand and on the other hand I sensed that you were trying to ...

Much of What You Know About 4X is Wrong!

I'm reposting this because it got buried earlier. This thread will be closed until the dust settles down. Ok now try not to scratch each others eyes out.

Much of What You Know About 4X is Wrong!

Oh oh! The cryptology department has invaded MY thread. Please speak directly or pass out decoders to everyone else. This is a discussion thread in a discussion forum and till now all was going very smooth. Secret hand shakes are better left ...

Much of What You Know About 4X is Wrong!

That might be trading to you, but I'm open to other posibilities and willing to think outside the box in order to find them. Like I've said in earlier posts, there's much more happening on most currency charts than a simple trend that should be ...

Much of What You Know About 4X is Wrong!

This is an excellent point ST. And here is one of the best examples I could readily find. It's a 4hr chart with more usefull information in it than most ebooks contain. It was posted by an experienced professional trader, SoulTrader, in the 1KT ...

Now I know why 95% of traders are on losing side

Hello again Dr. Phil Personally, I like to concider all 3 of Newton's laws of motion without exclusion because the market is in a constantly fluid as a result of all three. Perhaps the first law has a greater effect, but I find it difficult to ...

Much of What You Know About 4X is Wrong!

WOW! While reading your post I was re-living my past experiences with trading. You've obviously been there bla bla. Just for the record I've updated my view about trends by stating, "The Trend is your Friendly Aquaintance" I'm amazed by how much ...

Much of What You Know About 4X is Wrong!

Hi dungle, Funny you should mention the 'intelligence factor' thingy now. When I woke up today I was wondering the same thing myself. The majority of FF members are well educated and certainly not stupid by most accounts, yet I often hear that one ...

Much of What You Know About 4X is Wrong!

Thank you Xyrus and welcome to FF Your post reminded me of a parallel I often draw between physics and the market involving fluid dynamics and the Bernoulli equation. Like in your analogy, the market provides occasional catalysts to create velocity ...

Much of What You Know About 4X is Wrong!

I like the way you think. At best, it seems a trend could be more accurately described as the prevailing market sentiment. Who's to say if and when this sentiment will change. Some of the best advice I've seen mentions ways to read what ...

Much of What You Know About 4X is Wrong!