The BOE same as the FED and every other 3rd world nation central bank in the world have done and are doing.

Cable Update (GBPUSD)

image Trend is still down.

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Why should there be only one? It's like top 5 or top 10.

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Hmm. It is a pretty useless range today.

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That's a lot of trades gone against you. Slippage or simply bad entries?

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Yep. My small brain can only deal with so much information at a time

Cable Update (GBPUSD)

With the mini budget they've removed the highest 45% income tax bracket. Couple this with areas being designated as enterprise zones around the country and you have the potential of high earners + big business moving from the mess that is Europe to ...

Cable Update (GBPUSD)

Contrary to popular belief I think the UK government is doing more things right than wrong. The game being played here is much more complicated than rates and bonds.

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Trend is still down. Don't expect too much. image

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Yes.

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Agreed. If you follow others you become over reliant on them and their analysis. Does that make you a better trader or is it just mindless copy paste? Take what you consider useful and integrate it in your trading style to make it your own.

Cable Update (GBPUSD)

It is simply not the dirtiest shirt in the closet. Yes, things in the UK are not great (I live in the UK), but in the rest of the world things are a lot worse. Everyone crying about the stupid mini budget. With that mini budget they may have averted ...

Cable Update (GBPUSD)

Well, in this line of thinking I propose the universal adoption of "2 shakes of a lamb's tail" as a standard unit of time measurement. Why? Because it's measurable and lambs are supper cute and huggable.

What does time give you on a chart?

Yes, time is a concept. We humans made it up as practical way to measure things in real life. We also made up the markets that have little to do with our real lives. Why should this made up concept be applicable and work well in the made up markets?

What does time give you on a chart?

At this point my whole strategy revolves around pullbacks. Watching for the breakout is painful as the range can be hours long and there are always fake outs. I think that I've managed to deal with most of my inner demons as I have moved on from ...

Strategy of losers

Can relate to a lot of what is being said here. Initially I would be looking for breakouts, however a lot of those after a speedy move pull back. I would of course jump on the initial move and end up in the red with the pullback. Even if my stop is ...

Strategy of losers

You must really like the sound of your voice in real life. Again, you did not read or understand what I was asking and your answer is completely irrelevant.

Why it is possible to predict price movement?

You did not read or maybe did not understand what I wrote. I did not ask anyone to spoon feed me. What I was asking no one bothered to answer. Further more, you yourself mentioned in another thread that you are not a profitable trader. Do you feel ...

Why it is possible to predict price movement?

It's called a profession and most of those need years of learning and practice to master. Thing is that for other professions there is giant pool of reliable and accessible information. For trading you have a handful of decent research papers and ...

Why it is possible to predict price movement?