Surely the problem with this Murrey stuff is (as TT has often said too) the same as any other system based on horizontal lines....what to DO at the LINES. You can either play the percentages/probabilities games or you can zoom down fractally and ...

Flying Dutchman

image

Cable Update (GBPUSD)

Mid range m15 Overbought H1 How u playing that? Waiting until m15 is also overbought before u try and fade it?

Flying Dutchman

e Well yes.. BWilliam went on about market INTENT,,and from what I've seen...price does tend to follow a certain path, if it changes that path suddenly, then it can't just go to point B without some retracing and rebalancing. PC is a different ...

Flying Dutchman

I see PeterC has got thrown out of FF..and his thread chucked in the recycle bin . Not seen BWilliam re-surface in a while?

Flying Dutchman

Just one question PC....have u been trading full time since u last were on 3 years ago?

ReadtheMarket - Supply and Demand with Price Action

With that voice that guy could do movie trailers...for maybe suspense/horror type previews

Flying Dutchman

Ah, nice to see you back PC Let's see if we can decipher these trades

ReadtheMarket - Supply and Demand with Price Action

Hi Turnip...there's always some blasted level in the way . The importance of looking left..and left again I guess. image

Flying Dutchman

the boys are back ! video

What kind of music you hear while you trade?

Peter..that snapshot? C'mon..what's the point? There's no trades, no instrument? You'd be first to scoff and laugh if someone else posted something like that up. Birdland asked u a question on FTSE/GU correlation. In my earlier eager years I thought ...

Cable Update (GBPUSD)

Right..got the coconut oil slapped all over my forehead...geez..the memories of all the past 10 NFP trading sessions have come flooding back into view..crystal clear. NFP, PMI, FBI, CIA bring it on !!! I'm ready to whip cable's ass ...

Cable Update (GBPUSD)

hahaha..great film TT ! Poor old Bones image and also a young Tony Soprano in it too

Flying Dutchman

Yes, I understand MCs have to offset what stock they have to what they need to get and what it costs them to hold. "So popular in some arenas of currency are not always popular in others." that's obviously going to be the case. I just thought your ...

Cable Update (GBPUSD)

Ok, could u explain this quote though, as I just don't get why a money changer would be happier hanging on to AUD than other currencies in recent months Why do my AUD or USD get better traction at a money changer than most others? image

Cable Update (GBPUSD)

Ok Peter, I'll bite. "The GBP pairs are renowned for showing where they want to go. Now why is that? HINT - nothing to do with the chart" Ok, so if it's not on the chart are you talking fundamentals? I can see the point in fundamentals for longer ...

Cable Update (GBPUSD)

Well, it was once 4 dollars to the pound at the time after WW2 when Britain was battered and needed US "war debts". And no, I can't see it going back to that level anytime soon

Cable Update (GBPUSD)

Excellent... my pet goat crapped on the left side of the garden this morning so I am short too. Does anyone read the IG index Client Sentiment report? Obviously with 70% of clients losing, it should be a nice contrarian indicator. Clients will ...

Cable Update (GBPUSD)

Oh Peter, I think that's a bit disrespectful to completely dis a guy's method of trading just because you don't agree with it. If he's making a tidy profit from it then what's wrong with that? I may not like the design of the new Tesla, buy hey, if ...

Cable Update (GBPUSD)

I've thought a while before making this post. It's not RTM methodology, so might not be well received here. BUT.. in combination with RTM concepts it could be quite powerful...disregard if you think it is an off-topic distraction. The recent UJ ...

ReadtheMarket - Supply and Demand with Price Action