no worries dude! made that one day when I needed a good break from my chart screen. I hate to be responsible for my own losses of unsound advise... so I'd hate even more to be responsible for someone else's loss (i.e. the beginner looking for easy ...

Cable Update (GBPUSD)

heh, but yeah... nothing is lost by my statement except opportunity I suppose. And in all reality I have no means to be giving sound advise yet... just chipping in my opinion. I see the long side is making a nice sized bounce... but will it make a ...

Cable Update (GBPUSD)

I hear a whole lot of "I'm flat at this moment... lets see where it's going to go... tight sl" and whatnot. My guess is the people with the bigger money to invest are thinking the same thing and maybe even more so. I honestly don't expect much of a ...

Cable Update (GBPUSD)

bc you can't trade news in the 15/1/4hr tf. Would you expect 10 of your neighbors to pack their bags and sell their houses because there was a break-in down the street. Now I can see your counter-argument coming... it sure wouldn't make 10 vacant ...

Cable Update (GBPUSD)

I really hope he makes money trading that tf like he says he does, but one of the best things I've ever done for myself was to take off the stinking option to even bring up a 1m or 5m chart. At that rate why even bother looking at anything but the ...

Cable Update (GBPUSD)

For sure... once you get a couple 100 pip live trades under your belt you'll definitely get the marbles to let your trades develop a bit more. Moving stops into profit really helps as even if it turns ugly you'll still get a shiny nickle for your ...

Trade what you see NOT what you expect

bittersweet at a 100 pip gain. do I cut her here or let it ride for more... My long term and short term brains are definitely in conflict here.

Trade what you see NOT what you expect

gotta say, that's exactly what I saw and acted on. That n' when I switch over to weekly view it looks like a very stubborn and relatively tiny range that cable's stuck in at the bottom of that range. I have to suggest to cover your nuts and set a ...

Cable Update (GBPUSD)

Great post on what is typically an ambiguous topic. Can't wait to see even more!

Trade what you see NOT what you expect

no kidding, what a nice sight to wake up and see. Closed half at 150 pips and we all will see where this goes from here.

Trade what you see NOT what you expect

dblhc on the 15 min??

Trade what you see NOT what you expect

I would believe that the 62 1 hr ema is a guide that often finds itself at a S/R level. So it's not necessarily a self fulfilling prophecy... yet any positive movement on my fx trades would technically be a self fulfilling prophecy shared with me ...

Trade what you see NOT what you expect

I guess it all just depends on what kind of trading you plan to do. The broker discussion forums are probably a more appropriate place for this question though. I made my choice and analyze how I trade...I don't analyze how my broker handles my ...

Trade what you see NOT what you expect

Great post, you should become an analyst with insight like that! Just cut out the tongue in cheek humor and accept a huge paycheck and you'll be there!

Cable Update (GBPUSD)

6455 has been my TP for quite some time now. I set up a pretty generous loss with all the news coming out.... learned the hard way too many times to see a stop hit and see the damn price in my target area all after just taking a smoke break. I may ...

Cable Update (GBPUSD)

albchr, saw that not too long ago.. nice job man . Wondering when that position was first opened if you don't mind indulging me.

Trade what you see NOT what you expect

holding my short position from 6545 and saw it creeping to the 62ma as well. Not to mention it's currently bathing on one of those 'round number psych levels' (~6500). Either way, I feel as if it's going to be a wild morning...

Trade what you see NOT what you expect

I'm sharing everyone's neurotic sentiment right now. From what I see on the bigger time-frames it goods to be a good short call. However in the wise words of LeVar Burton,"Don't take my word for it."

Cable Update (GBPUSD)

lady, was thinking the same thing.... huge break occurring.. traders want to trade after the long weekend I suppose. How are you faring this morning so far? Got 84% on your account this week yet??

Trade what you see NOT what you expect

c'mon people... no need to get so heated over this. Lets take this day to learn and mostly relax. Go hang with the family and cook some nasty hotdogs on the grill. Have an awesome labor day as I go and work for twelve hours

Trade what you see NOT what you expect