How was that Groucho Marx quote? "the contracting part of the first part shall be the contracting part of the second part..." or something like that. Does anyone remember?

Who here manages other people's money?

Ahh alright I understand: it helps you to visualize the trading setups more clearly. Thank you LinuxTroll.

Linuxtroll Simple Scalping

I see. I didnt intend any comment to be disrespectful. If they were, I apollogize. However, I thought forums are to exchange valuable information between readers, and trust me a recommendation to not trade through an interest rate decision IS a ...

Cable Update (GBPUSD)

Am I to take this as a humorous or a serious post Cesar? depending on which is I will post different answers

Cable Update (GBPUSD)

Linux Troll, I am trying to understand your technique but still I cannot for the life of me. What is the use in plotting dozens on MAs instead of three? What extra info do you gather from so many MAs? Thank you.

Linuxtroll Simple Scalping

So you kamikazes trading thru the announcement then? BANZAAIIIIIIIII !!!!!

Cable Update (GBPUSD)

You're right. You said you would only need 15 minutes every 4 hours. Sorry about that mate. If you only need 15 minutes every 4 hours, have you considered using a PDA with internet connection for this strategy?

Trading 24 hours per day, 5 days per week

I am favoring a short on USDJPY at 114.75

USD/JPY Discussion

Hello Tribble, 1) I call swing traders not someone who trades the medium term time frames but someone who trades each consecutive swing in a trend, regardless the time frame that trend is based on. 2) I closed half of my position at 40 pips, the ...

Trading the Kiwi

Interest Rates are not just "news". They are the baddest kid in the block and a surprise on the announcement (or the speech) could turn your charts upside down.

Cable Update (GBPUSD)

Two trades so far for me, one on EURCAD yesterday for +6 pips and one on NZDCHF for +40 pips today (half out and half still running at +98 as of right now). You can see the videos on my blog if you want.

Cable Update (GBPUSD)

Interest Rates tomorrow! VERY risky to keep a possition open through the rates announcements!

Cable Update (GBPUSD)

The Kiwi today got slammed across the board breaking its respective triangles againts all the other currencies. It was by far the weakest currency of all and thus the easiest to trade. I personally picked the NZDCHF and banked +40 pips this morning.

Trading the Kiwi

Simple: the 80's had the best music and films!

Cable Update (GBPUSD)

More time at the screen does not equal to more profits. Besides, if you learn how to use alarms in an effective manner, your screentime will be GREATLY reduced. No need to be 24 hours at the trading desk.

Trading 24 hours per day, 5 days per week

Ops, I told you not to trade? I dont remember. Sorry about your loss

Cable Update (GBPUSD)

Bemac, please elaborate a little bit further on your view about Stochs. I am genuinely interested as I myself have never found them useful (but then again I never found ANY indicator useful). Thank you in advance.

Directions please? :what ive been doing

About a year ago I experimented extensively on this hedge vs. stoploss topic on a demo account, and after few weeks I found no logic reason to go for the hedging formula: you double pay the spreads and swaps slowly-but-surely eat you away. I reckon ...

hedge for s/l???

I'd be very cautious to enter any long position now on cable.

Cable Update (GBPUSD)

I trade off price action and S/R. They work on any time frame, but I personally prefer to stay clear of the very short time frames such as the 1M or 5M. Hourly, 4H and Daily charts are pretty good for price action traders in my opinion.

Right timeframe for price action strategies!