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smikester replied Apr 29, 2020I have a target of 1.2308, unless my trailing stops take me out.
Cable Update (GBPUSD)
- smikester commented Apr 29, 2020
Nobody with proper experience in trading would say technical analysis is bullshit. Too many professionals use it. It obviously will not always work because there are lots of extraneous factors. Notice that I did not say "random". As long as you know ...
Is Technical Analysis BS?
- smikester replied Apr 29, 2020
That's a nice feeling when you have been waiting for your short trade to do something.
Cable Update (GBPUSD)
- smikester replied Apr 28, 2020
There's some very real resistance here at 1.2470 - 1.2480, which can be seen in the left "shoulder" , late March early April. This might cause me to close my weak longs. image
Cable Update (GBPUSD)
- smikester commented Apr 28, 2020
The writing was already on the wall. Sea lochs crowded with disused rigs, horizontal drilling, wind and solar energy. The death throes of the oil industry are ugly and now they can blame Covid aswell.
Up to '30,000 UK jobs may go' in crisis for oil industry
- smikester replied Apr 28, 2020
Since you asked, my aim is to scalp into week or month long trades, or longer. Mostly, it doesn't work. Obviously.
Cable Update (GBPUSD)
- smikester commented Apr 28, 2020
Respectfully, what are you doing here, then? Mingary failed badly in Forex and blames the brokers. You are blaming the "rigged" markets. Why not go to another type of website, where you are good at something?
Hard Work Beats Talent
- smikester replied Apr 27, 2020
Bearish sentiment might want to watch a retest of this 38.2 fib and previous resistance level. Is it now support?
Cable Update (GBPUSD)
- smikester commented Apr 27, 2020
Hard work and persistence usually work, unless you are opening a restaurant.
Hard Work Beats Talent
- smikester replied Apr 26, 2020
It doesn't take long to learn how to trade profitably. It takes an age to conquer the urge to get rich quick from a small account. Most people over leverage and blow their accounts. When that happens they become part of the 95%. I think most of ...
Why do 95% of traders lose?