As I said they were shorting and pocketed a huge profit. ZERO SUM GAME..

Cable Update (GBPUSD)

While everyone who took the advice bought at 12£ they were shorting like idiots. so the guy pocketed a HUGE BONUS...

Cable Update (GBPUSD)

MONEY MANAGEMENT... size, position, dynamic position adjustment, instrument selection, risk control, etc, etc, etc...

How to be a trader for a company?

Sorry for my english. It is my native one.

How to be a trader for a company?

I can tell stories... I have a family, a mortgage to pay and other bills and a day-time job... But because it was very close to my thoughts and (I am an IT/finance professional) decided to start my journey in the FX world... and risk.. It is a ...

How to be a trader for a company?

Agree...

Cable Update (GBPUSD)

Good post. Note I am using them as a confirmation when I would like to enter a trade. Otherwise I trade simple breakouts... Sof far so good. It works at least for me...

How to be a trader for a company?

Moving averages are "lagging" indicators. As such they are the tools of trend followers and they do not predict market behaviour. They just say "in the last 2 weeks ON AVERAGE the prices moved down, up, or nowhere. (Who wants to predict anyway??? ...

How to be a trader for a company?

Thoughts... — I thought I am going to join this discussion... After two years of active trading I stiil consider nyself as a newbie. Money management will give you the edge and the key to success. It is the key to long term survival. I have ...

How to be a trader for a company?

OK

Vutrivian

GBPUSD — Well... This is my analysis... That looks like to me as a negative divergence... It is also a breakout and an all time high since the 1070s-1980s... There is no statistical evidence what is the probability of the next...

Vutrivian

Well exactly HAPPENED TO ME... Do not PREDICT. REACT. React to your rules.. That is execute your rules. Try not to be smart.. If you have new ideas backtest it first and check the probabilities... bullrockfx ps: if you p***s against the ...

Vutrivian

Sorry abou that . Trading loss and mistakes (or false signals) are part of the trading, well you know that very, very , very well ... That is very natural ... Just the PROBABILITY of the successfull trades should be higher than 50% the rest is ...

Vutrivian

The dollar index.... There is a double bottom formation and the RSI trendline is broken... The rest is up to you.

Vutrivian

I have never believed in the overbought/oversold thing.. It can "overbought" for a couple of months and reach constantly new heights... You know "the trend is your friend" . Whatever the quantitative or psychological definition of the ...

Vutrivian

You should have waited... All the LONG TERM indicators shows downwards... Sorry for the "Fade the news" comment. I have read your post AFTER...

Vutrivian

Another one... From this you can see that the trade from 1.9730 to 1.2110 is perfectly valid as it followed through the trend (blue bars)... All of them have flat bottom which means strong trend... Plus we have the first red heikin-ashi ...

Vutrivian

Candlestick update... The RSI(14) broke the trendline. The price once broke the trendline pulled back... And we have at least two bearish candlestick formations, three inside down and bearish harami. We have a confirmation for yesterdays bearish ...

Vutrivian

I could not wait to post this... Now THIS!!! Is VERYYY interesting... Look at the last bar on the graph... whole day this is what happened: Uh let us sell, sell, um no buy, um no sell, sell.. Then... Ah damn what a mistake... let us buy, buy and ...

Vutrivian

Thanks. At around 6 GMT I will make regular updates... bullrockfx

Vutrivian