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ovaforty replied Oct 18, 2011there is a fine line between genius and insanity. I walk that line. I was blessed with a Mensa IQ, and am able to see patterns that others miss. After the complicated set up of my charts, it is fairly simple after that. Know the trend of a pair, ...
Cable Update (GBPUSD)
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ovaforty replied Oct 18, 2011Gold has made a strong move up on risk appetite Sentiment after forming a double bottom at 1625.
Cable Update (GBPUSD)
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ovaforty replied Oct 18, 2011I also know the daily and weekly patterns that are reasonably reliable. I have been charting currencies over a decade. There are trade-able retraces that occur routinely.
Cable Update (GBPUSD)
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ovaforty replied Oct 18, 2011I monitor oil, gold, commodites, news releases, etc. The cad pairs and the aud pairs reflect commodities. the gbp/aud, eur/aud, and yen pairs reflect risk appetite. My website has Bloomberg tv live, and i watch cnbc. my broker has news feeds. I knew ...
Cable Update (GBPUSD)
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ovaforty replied Oct 18, 2011i use only 2 strategies. Risk on or risk off. Market Sentiment dictates which direction currencies move. If you trade against strong sentiment, you lose.
Cable Update (GBPUSD)
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ovaforty replied Oct 18, 2011i use 3 pc's usually but 2 of them need reformat for now.
Cable Update (GBPUSD)
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ovaforty replied Oct 18, 2011took profits on cable and euro/usd. still long on the jpy pairs for now, as risk appetite returned.
Cable Update (GBPUSD)
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ovaforty replied Oct 18, 2011i size the charts small and watch 12 charts on one monitor. I am long cable from 1.5640 Long eur/usd from 1.3687 and 1.3713
Cable Update (GBPUSD)
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ovaforty replied Oct 18, 2011closing out my last 2 positions now. standing aside for now.
Cable Update (GBPUSD)
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ovaforty replied Oct 18, 2011scalping long here for cable. I will take some more profit here on long aud/usd
Cable Update (GBPUSD)
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ovaforty replied Oct 18, 2011i am short the gbp/aud, gbp/cad, eur/aud and gbp/aud. Taking some profits here.
Cable Update (GBPUSD)
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ovaforty replied Oct 18, 2011my charts are showing a possible change of market sentiment after the china and u.s. news.
Cable Update (GBPUSD)
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ovaforty replied Oct 18, 2011we had decent China numbers on the asian session.
Cable Update (GBPUSD)
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ovaforty replied Oct 18, 2011i booked all my positions on the strong numbers. standing aside for now. nice profits.
Cable Update (GBPUSD)
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ovaforty replied Oct 18, 2011i booked half of my positions ahead of the PPI news in the U.S. Locked in profits on my remaining 8 positions.
Cable Update (GBPUSD)
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ovaforty replied Oct 18, 2011i bought the dips on the gbp/aud and eur/aud also.
Cable Update (GBPUSD)