I didn't think you would understand

Daily Cable Analysis

This is a quote from "Reminiscences of a Stock Operator", a must have book for all traders. The Wisdom of 'Old Turkey' The customers used to go into Old Turkey [a nickname, of course] and tell him what some friend of a friend had advised them to do ...

Daily Cable Analysis

Zarul, make sure you're prepared to be wrong. Anything is possible. If you're prepared for the worst then you won't be disappointed. I agree that cable will move up, but it may not be yet.

Daily Cable Analysis

Yes youre right, just sideways chop for now, but surely you're not saying the asian session can't move this pair?! There's a lot of support underneath current price, you must realise those traders will be defending their positions, its just a matter ...

Daily Cable Analysis

Im not a very argumentative person. But yes its helpful to debate, although I feel I have nothing to prove. PS: Shorts are being tested. 1.9640 area is providing good support.

Daily Cable Analysis

Hey JodyOng, I agree with you. The lower the better in my opinion. It has shrugged off retracements like these for years, why should it stop now?

Yen oversold?

Sup dukeofdents, I know you're trying to help, and I don't think you're pissing anyone off. We have different styles, that's all it boils down to. I just wanted to point out that short term moves are not the only way to make money. As you know ...

Daily Cable Analysis

What makes you think people can't make money longing this pair? You are just showing your ignorance, that is all.

Daily Cable Analysis

I doubt its permanently unwinding, if you're short I suggest locking in some profit.

Daily Cable Analysis

I totally agree dukeofdents, but if people know how to use the long term trend to their advantage, well, that's another story. Personally I don't make price projections, no one can measure projections to the exact pip, so why try. Like mbqb11 said, ...

Daily Cable Analysis

1.9640 is providing good support currently, I'll hold my longs like I've been doing for months.

Daily Cable Analysis

Hey GirlFlyer, Seems we have something in common. I remember you discussing this subject on another thread, I was going to jump in but didn't. I always looked at the higher timeframes and wanted a piece of the action but never knew how. The ...

Why did the USD weaken so much over the holiday?

Yes I use small positions. I made some pips yesterday, cable went up over 100 pips before retracing, so I took some pips off the table. I dont know without a shadow of a doubt that I will be right, but if a pair has been doing the same thing year ...

Why did the USD weaken so much over the holiday?

If cable doesn't find support here, it might have a chance at the 1.9640 area.

Why did the USD weaken so much over the holiday?

I think that's a great idea, I'm buying all the way down. Then again Im using small lots and Im a long term trader, so I allow for 500+ pip moves against me.

Why did the USD weaken so much over the holiday?

Im keen dof, I will check it out soon.

Challenge - Oanda contest

You're a couple of months late jorgitojavier. PS: I think cable's backup may be arriving soon.

Why did the USD weaken so much over the holiday?

Thats harsh Akuma, but it's good to hear things are going well. I will follow your experiment with great interest. Good luck with everything!

A Trading Experiment

permanentjaun, keep in mind that only the other week GBP/JPY dropped 800 or so pips in a few days. I know this move seems to have a lot more force behind it, but I guess we will see where things go. I'm holding a couple of long term positions, this ...

Anyone trade slower pairs?

238.00 seems to be providing good support for now, Im not giving up on the bulls yet.

Anyone trade slower pairs?