I've been anticipating the short move for a while. Ideally I like to catch the entire 5 wave movement. Too bad I don't have enough capital for a high dollar position trade to last several months or longer. That's my goal to move from swing trading ...

Cable Update (GBPUSD)

I agree....... looks like its trying to squeeze out the last bit of upward movement left before it falls. Tehnicals and fundamentals appear to be pointing straight down now. Any thoughts Robby?

Cable Update (GBPUSD)

By the way sounds like pretty sound fundamental analysis.....what you said.

Cable Update (GBPUSD)

Hmmmmm.......well im not sure I can identify a lead pair either, but in my experience the GBP/USD, EUR/USD, NZD/USD and AUD/USD tend to trend the same direction, and the USD/CHF, USD/CAD, and USD/JPY tend to trend the same direction. The Euro being ...

Cable Update (GBPUSD)

Some good points here i agree with most of it. I also have become aware that many pairs trend the same direction for a certain period of time , then they reverse and do the opposite. Sounds like you have a good mix of tech/fund analysis. The hard ...

Cable Update (GBPUSD)

Me too, I'm strongly bearish on 4 major pairs right now.

EURUSD

Lol......good point. I personally don't use stop losses, instead choosing swing and position trades. You might not catch all the retracements if you don't watch the market enough or do an analysis at the right time, but you will get the entire ...

EURUSD

Yes I have been watching this set up intently. Double top, head and shoulders, whatever you want to call it, it appears to be headed down. Now we just have to wait and see what happens.

EURUSD

I have been following your posts with interest. I agree with you on the downward movement of this pair. The monthly and the weekly charts are set up for a wave 3 right now, on the technical side. One thing I know from trading on the Forex market is ...

Cable Update (GBPUSD)

No problem.

Desert Island Trading Journal

You should be able to open it with Adobe Reader or any pdf reader program. I just tried to open in from several different computers and I didnt have any problems. If you have an Android, Windows phone or an Iphone you can open it with that. Can you ...

Desert Island Trading Journal

This attachment is an updated version of my trading method, with a short addition added related to trading on the short and long term time frames. I will have another updated version this weekend. You can also view this attachment at the beginning ...

Desert Island Trading Journal

Nice talking to you again Behman! Iwill have an updated version of my trading strategy in a few hours. I have also finally seen the value of trading on the shorter time frames, although I am still a swing/position trader.

Desert Island Trading Journal

Greetings traders!!! I am finally getting back into live trading and will be posting updated versions of my trading strategy starting tomorrow. I hope to start corresponding again with anyone interested. Happy trading!!!

Desert Island Trading Journal

Its been a while since I've been on here........studying hard in school & working on publishing a book and looking to get back in the market for sure next spring. I will be trying very hard to get my long overdue trading strategy updated for those ...

Desert Island Trading Journal

Greeting traders!!! — For those of you who have followed me in the past, I apologize for such a long delay with updating my trading journal and other posts. I have been very busy recently trying to finish the book I've been writing for the ...

Desert Island Trading Journal

I have been a successful trader off an on for several years, regardless to the leverage I use. Of course, 500:1 instead of 50:1 allows me to set aside a smaller amount of margin, and since I do not use stop losses, it allows me to keep my negative ...

Thoughts on 50:1 Leverage

Still Here — For anyone who is interested or who has followed my thread, I am still here just not doing any trading right now. In a few months I will be back to heavy and high volume trading. Best of wishes to all of you.......happy trading! I ...

Desert Island Trading Journal

Out of the loop for a while......looking to get back in around the first part of the year. I'm hoping to exchange some good ideas around that time......as always happy trading! For anyone who followed my thread and trading strategy last year......I ...

Desert Island Trading Journal

[quote=wormboy;3556671] Sound advice............however, your advice also sounds similar to an absolute. Ultimately, the market unfolds in regular, organic patterns.....thus, we can definitely know if the downtrend will continue......I am an ...

Cable Update (GBPUSD)