Knowledge, understanding & wisdom. — Knowledge, understanding & wisdom. Knowledge is obtaining the facts: the information. Understanding is knowing what the information means. Wisdom is applying that understanding into prudent and fruitful ...

Trading Wisdom

A kind of hedged investment meant to capture slight differences in price; when there is a difference in the price of something on two different markets the arbitrageur simultaneously buys at the lower price and sells at the higher price .

Arbitrage - The no nonsense thread

It won't happen any time soon. I hope it doesn't happen to be honest.

Will the pound disappear?

Not anybody

Charles Drummond Geometry

Good information: url

Cable Update (GBPUSD)

This says it all really: url

EURUSD

Hi Stewrigh, There isn't toooo much to say about my reasonings really. I trade a lot on trend lines, whole numbers, retracement levels, and support/resistance levels/pivots. And in all that, the price action that goes along with it. What did you ...

Galation's Trading Log

Sorry, The chart for the above post.

Galations - EUR/CHF

As you can see from the 4 hour chart, there is strong support at 1.4768. On the viewable chart below, price action on the 4H candles bounced off that price 14 times. (By bouncing off, I'm also including piercings and close to immediate price ...

Galations - EUR/CHF

Oh wow, I didn't realise it had been so long since I posted in here! That igloo is now completely melted! Pretty simple trading today really. Longed at supports, and shorted at resistance. I also tinkled with the USD/NOK and the USD/SEK as the USD ...

Galation's Trading Log

I'll put this one out again for people to comment: What are your 3 month and 6 month projections for the Cable? Mine: 3 month: Down to 1.25/1.30 (finds bottom here) 6 month: Correction up to 1.60ish

Cable Update (GBPUSD)

All of you, stop with the cock and bull, seriously. If you're in here, talk about the cable. If you have other concerns, pm each other or open a relevant thread.

Cable Update (GBPUSD)

G'day peoples. What are your 3 month and 6 month projections for the Cable? Mine: 3 month: down to 1.25/1.30 (finds bottom here) 6 month: correction up to 1.60ish

Cable Update (GBPUSD)

From my analysis, I believe there is a good probability that the price will go up to test the daily pivot of 1.4865. The price action is currently respecting the trendline drawn on the chart. Quite a bit of resistance, and subsequently support at ...

Galations - EUR/CHF

Support and resistance trend lines, amongst pivot lines.

EURUSD

Nice one. I hear they have a very limited print of that book, and his last 8 writings are only given to his students.

Charles Drummond Geometry

Thanks for your input mate; I see you're a Gann man =). Do you believe it is worth giving more time to learn Drummond Geometry, or would that time be best spent on something else? What's your opinion? I'm just trying to establish, in principle, ...

Charles Drummond Geometry