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Davit replied Sep 3, 2012I have good amount of shorts on cable but not on Euro (can't trust this currency being manipulated constantly) Just wondering what drove Asia to break 26.There is no news nothing.
EURUSD
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Davit replied Sep 3, 2012sign of down side.I am massively short.This is welcomed.Hopefully London drives this all the way to 5800
Cable Update (GBPUSD)
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Davit replied Sep 3, 2012For Cable to reach 1.60 Euro must reach 1.27 and I don't see that happening in near future. I think in probabilities.
Cable Update (GBPUSD)
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Davit replied Sep 3, 2012Just a correction to 5800 or 5780 before resuming UP trend if it resumes at all.
Cable Update (GBPUSD)
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Davit replied Sep 3, 2012I made mistakes and will continue to do so.Nobody is right or wrong.Its a question of probability. Probability of PA going to 5800 is greater then going 59 and higher in near future. Key here is near future like this week by Friday.
Cable Update (GBPUSD)
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Davit replied Sep 3, 2012Cable basically flying on Euro wings.Recent bogus up moves on Euro has not seen any serious retrace since 24 and pressure is building for that to happen and we will see Cable diving down as well. The key is Euro 2600 major resistance and already ...
Cable Update (GBPUSD)
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Davit replied Sep 3, 2012Hi bro I wished you bought the Cad.It reached major resistance level at 9850 PA just bounces off from this level over and over again. image
Cable Update (GBPUSD)
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Davit replied Sep 3, 2012Most moves retrace at least 50% We are going back at least 5820 before any serious move up. In reality British economy is not that much better then US and I don't see fundamentally this happening soon. If anything I suspect serious selling down to ...
Cable Update (GBPUSD)
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Davit replied Sep 3, 2012Wow this is just super! Added another short 5894
4x short 5823 2xshort 5867 Long on USD/Cad 2x9850 this one already in profit. This is my ceiling.Have to wait and weather the storm. There is a serious correlation imbalance Cable should really be ...Cable Update (GBPUSD)
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Davit replied Sep 3, 2012I am intrigued on your rainbow indi Would you upload it? I like to test it.Thank you
Cable Update (GBPUSD)
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Davit replied Sep 3, 2012I am short 6x total and holding them until they reach target 5800 and 5790 Should not take long.By Weds max Its just ranging now. Here is a neat indi showing range in obvious way. Grey candles are No trade Zone.
Cable Update (GBPUSD)
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Davit replied Sep 2, 2012I like this version of Heikenashi which has trading zones built in.Grey candles are no trading.While I don't blindly follow any indicator I do pay attention to them for confirmation.I like the idea of grey no trading zone or "killing zones" I am ...
Cable Update (GBPUSD)
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Davit replied Sep 2, 2012I have total 6 Shorts on GU Everything is lining up for healthy profit taking. My TDI is showing cross and my Kaufman3 which I love is about to confirm the TDI I use both. I also strongly suggest getting long on USD/Cad PA will reach 9920 I have 2 ...
Cable Update (GBPUSD)
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Davit replied Sep 2, 2012Sorry about my sarcasm.Could not help it.You should not worry about this thread because I ask questions etc. If this has merit it can easily pass criticism. I just wanted traders specially novice traders to know that just trading Volume indi on Mq4 ...
VSA/Wyckoff Simplified
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Davit replied Sep 2, 2012Don't worry you can continue eating candy while convincing yourself it was a beef steak all the time.
Any system should stand up scrutiny and pass otherwise being delusional does not help.VSA/Wyckoff Simplified
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Davit replied Sep 2, 2012What I am saying is obvious. Volume as in true Volume does not exist in forex since its not centralized hence informotion it shows is only small extremely small % of overall market based upon how much business your broker does. Your chart may show ...
VSA/Wyckoff Simplified
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Davit replied Sep 2, 2012Fact is "volume" in Forex is your brokerage ticks.This could be very misleading. If it works for you is fine but the principal is not there. I'll give you an example during Asian say 5-7pm volume is low however volume indi will have huge spikes ...
VSA/Wyckoff Simplified
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Davit replied Sep 2, 2012Just so everyone here understand about volume. Forex has no single clearing house, so there is no way to account for all volume. Only the brokerages get true volume reports 2 days later! There is no volume in Forex. Every book by every author ...
VSA/Wyckoff Simplified
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Davit replied Sep 1, 2012Nobody trades Forex for LONG term meaning months and yrs.Swap alone will eat most if any profit and if you are in the red even worse. They are stocks,bonds for Long term investment.Yes its called investment for a reason. Forex is fast speculative ...
Cable Update (GBPUSD)