Remember at the end of the day when all is said and done. WE TRADE EXACTLY THE SAME CHARTS!!!!!!

Cable Update (GBPUSD)

After a few months off, what a day to start trading again Only down 80pips ( ugggg ) so coulda been worse but... That leg down at 4PM GMT was just a killer, 10 seconds after I got in just over 1.9800, I was holding long from 9816 for hours to to ...

Cable Update (GBPUSD)

a/ you've got to get over the addiction before you can start to make money in this game, got to treat it logically like a business. b/ When this happens, and you don't change side or do, do a virtual trade in the other direction, or if your broker ...

The most difficult thing?

Without TA to be fair, alot of people wouldn't be able to make the money they do, as they'd have no basis to communicate system to people to take there money. Sadly, none of these pay systems actually work.

How many of Technical Analysis based systems are junk?

80% and 20% pretty much works for most things in life. 80% of my trades are winners, but that 20% costs me more than my winners. ( Actually I'm breaking even but yeah LOL )

80/20 Rule!

I agree, indicators are all utter and utter crap but........... The people who profit alledegely using them, use them as a distraction without realising it and the distraction allows them to trade well, some how on there own.

How many of Technical Analysis based systems are junk?

MA's work for sure, try a 5min chart, 288SMA (24hour) GBBUSD, notice how twice the price has bounced lower from this MA. I also recently using a EMA 4 , 9 cross on a 1min chart, when I think it's Long time I don't go long till this crosses up, ...

Why exactly do EMA crossover systems not work?

Wonder if we can get over the 2.00000 this month I suspect it'll be smashed. Uptrend for my system, holding Long from here, stop 50 area.

Daily Cable Analysis

A bad run of statistical probability's (don't believe in luck ) there Mr Trend, from such a great start. Hope the market goes back to trending nice soon for all of us. Good luck!!!

Mr. Trend's Swing Trades

Sitting on the 24hour SMA line, but downtrending on the 2hour line. Plan go Long on breaking 2hour SMA, or short on breaking down the 24hour.

Daily Cable Analysis

Think you guys are against the Trend here, don't get greedy. Breaks the 120min SMA though and you've got a good shot of 1.9600 area. Fav Long though.

Daily Cable Analysis

Nice little Move, considing how slow monday was, shame I missed it Congrat's people

Daily Cable Analysis

Too slow all day, Cable really isn't getting any interest, so when the interest comes back I wouldn't want to bet on the direction.

Daily Cable Analysis

Thanks John, Really Bad cold at the moment, so not helping, best not to trade when your not 100%. Only made 3 technically good trades, 30%+ of my trades are losers so just a bad run, was 1 of those weeks. Xmas week off, turned into a few extra ...

blew out another account...Just venting...

Use 24SMA, instead of 21SMA, corresponds to the Average of the last Day then, been using this for trades for ages, really strong S/R point.

only using SMA 21

well 2 - 3 more trades left, before mine is blown out, ( Assuming no winners ), couldn't get a break this week, every trade I took cost me, every trade I wussed rocked typical, purely random chance but thats life sometimes. Confidence is high, I ...

blew out another account...Just venting...

Thinking out loud on system, which I'm about to write on run in demo along side Manual trades for abit. Variables required user modifiable ones. 1. Go Long / Short / Do nothing ( simple +1 , -1 ,0 deal ) when EA's cross. 2. Max and Min price, ie GBP ...

Think Outside the Box

I spent 18months with a small yahoo group of my own and with the larger group, trying to find a EA that works if there was one, I'm pretty sure I'd of found it, I'm sure the brokerages have them, but they are likely uber complicated and way way way ...

Think Outside the Box

Well my Manual Mechanical entry system to prevent stupid trades is working, better than my trading without it, being tweaked well slowed off a fraction, MACD 6 , 12, or EMA 6 and EMA 12 crosses, got a EA giving me a audible warning with a +/- 0.3 ...

Think Outside the Box

Demo account taught me to trade like a Pro, very high win to lose ratio, when I lose it's small change, when I win it's 100+pips. Sadly add in the fear of real money and I barely break even, most strange as I class myself in all over ways of life as ...

A challenge to those who say Demos suck.