no upside before clearing the weakly pivot point "4109 which coincides with a downtrend line on 5m. Price also tends to stick in the high market volume area (point of balance) 4102-4109

Gold with No Drama

gold bounced off 4094 the 5M 100 MA which coincided with the 38.1% retracement of the 4056-4117 move

Gold with No Drama

Is there a 40 pip up gap as I see the quotes on XE, CNBC and investing?

Cable Update (GBPUSD)

Would like to point out that the dragon yesterday has made a 61.8% correction to the pip from pre-brexit highs at 160.08 to post brexit low 124.81. The question is : Would you consider today's drop to ~145.2 a valid rebound with an upcoming retest ...

Dragon Riders GBP/JPY

Ladies and gentlemen: game .. set .. match targets for the day/week/month were met I had 21 trading days this month .. 3 losing days 2 of them major losses due to over leveraged accounts and using compounding technique .. lessons learned ...

Cable Update (GBPUSD)

I managed to unscrew myself from a long position on cable from 1.32 by using the compounding technique with counter trend buys all through the way down from Friday. pro-trend trades are more profitable but get less fun for a contrarian thinker ...

Cable Update (GBPUSD)

inverted H&S on 1m target 1.321

Cable Update (GBPUSD)

Thanks Sammih for your comments. You viewed the all time stats, if you filter to see this month's results you'll find better stats. Anyway this only means that I had a good month and not necessarily a sustainable winner.

Cable Update (GBPUSD)

An interesting finding that I'd like to share: FF has a leader board for the most profitable traders during a specified period: 1- Past week shows a list of reckless traders (high risk - high leverage which is non-sustainable). I come in 3rd place ...

Cable Update (GBPUSD)

Thats a classic retest of daily pivot after a breakthrough and a double top on 5m .. an excellent long entry point (managed to jump in )

Cable Update (GBPUSD)

those are nuclear weapons sufficient to enforce your strategic negotiation grounds

Cable Update (GBPUSD)

I combine martingale technique to average out the trade with some profits .. plus of course a heart blocker and an anxiolytic what pills do you take ?

Cable Update (GBPUSD)

I've been wrestling this pair for the last 5 days with counter trend buy orders.. nerve wrecking .. never do that to yourself .. having said that .. buy @ 1.2873

Cable Update (GBPUSD)

Price channels going down but indicators are oversold on all time frames

Cable Update (GBPUSD)

I love this quote from andoseg2: "Remember that if you practice strict money management rules, you will become the casino and in the long run, you will always win."

Cable Update (GBPUSD)

sane traders like yourself with proper money management that take reasonable risk reward ratio hate this ranging markets. I come from the opposite camp with insane leverage and high risk trades, I just adore this range trading and hate breakouts.

Cable Update (GBPUSD)

Lock I find your posts are very insightful and your volume based trading a valuable ingredient in traders' decision making. Although several of your terms are relatively not common in this thread, exerting some effort to comprehend is worthwhile. ...

Cable Update (GBPUSD)

We're missing your charts Avir. Hope all is well with you.

SR Levels and charts

Head and shoulders in gold / GU — Hi guys .. gold just broke the neckline for the H&S formation targetting 1060. GU shows a more complex H&S thats on the neckline just now .. this might be a game turner .. USD will strengthen imminently ...

EURUSD