Hi justcatalin, Good to have another forker here. I am hoping to share and learn from you and all the other wonderful traders out there. Good luck. Zones

Andrews Pitchfork (Median Line)

Another inactive day. I have left the beast alone this week as the volatility in it is crazy even by its crazy standards. I was hoping to catch a down trade in the EU pair. I counted 5 pivots and the market did turn at the 5th pivot but i never got ...

Trading with the Edge.

Very true Bones, i am forever chasing my tail...totally oblivious to the goodies that are being offered.

Cable Update (GBPUSD)

Whilst i am not Moe, i'll have a crack at this. I can empathise with both of you and to an extent both of you are right in your advice for Nav. Firstly Moe, most beginners do not have a clearly defined plan. Where they have a written criteria for ...

Cable Update (GBPUSD)

A good relaxing afternoon/evening. A while back I decided not to trade the news volatility and today i am happy to note that i wasn't even tempted to take a punt. I now have to work on my bias for shorting the market.

Trading with the Edge.

I took a short trade this morning in the cable. I sold the re-test of the UML of the red fork at 2.0054, with a stop 16 pips above at 70 and my target was the LML of the blue fork. Managed to ride it for a 26 pip profit. Whilst riding it down to the ...

Trading with the Edge.

A very much case of watching, making notes and doing little else. The market is in a volatile phase and after being quoted a spread of 10+ pips in geppy and 6+ in the cable i knew today would be a good day to stay on the side lines. Apart from wide ...

Trading with the Edge.

Yes thanks for the clarification Abuawad.

Cable Update (GBPUSD)

Just for my clarification, in the chart that you have posted price never traded at 2.0200 so how were you able to sell that level??? Just curious.

Cable Update (GBPUSD)

Hey Dutch, Good to hear from you again. Your observation is partially correct. It is true, i had been concentrating on the GJ pair. This was due to my bias for shorting and since the geppy was in a sell mode i was more attracted to it. However, i ...

Trading with the Edge.

Having lived in the Uk for more than 25 years i would beg to differ. They don't like cocky people(but then again no one does). Apart from that they appreciate and encourage talent. Wonderful people the British.

Cable Update (GBPUSD)

I've enjoyed my little break from trading live for the past few days. It gave me time to reflect,research,refresh(enough of alliteration). One shocking fact that came out of this process was that i have a bias for shorting the market. Of all the ...

Trading with the Edge.

Although profitable but another bad day in the office. I was happy that all morning i did not trade because i did not have a valid setup. In the afternoon i gave in to my temptation to take a trade which was not based on my system. After the US ...

Trading with the Edge.

A very poor start to the week. Took 2 trades based on whim, totally against my system. Well, in the sense that when i took the trade there was no setup that i perceive as an edge. I went short this morning at 205.50. Stoploss was 30 pips away but as ...

Trading with the Edge.

Merci, Agha Shahroodi

Daily candle chart

My forefathers hailed from there.

Daily candle chart

Salaams and peace to all on this thread. Ofcourse news release might send it higher but i think the probability of a retrace to the 2.00, 1.9960 area is very high.

Cable Update (GBPUSD)

Khoobast

Daily candle chart

This week I am hoping to build on the success of last week by being even more focussed and selective in my trade selection and execution, and if God wills then perhaps i might even get close to breaking even in my trading account. I shall continue ...

Trading with the Edge.

I have enjoyed your contributions on pitchforks on various threads . May God bless you with good health.

Dispelling Some Myths on Trading Practices