It means that I personally dont trade at all in August.

Trading during summer months?

Then go for it. Start small, be VERY selective on picking your setups and good luck

Taking the plunge

Are you CONSISTENTLY profitable yet on Demo? because if you arent, please dont kid yourself: you wont on Live.

Taking the plunge

The word salmon got no plural? hmmm that's one new thing I've learned today. English is not my first language. Thanks for the lecturing Allserene

Cable Update (GBPUSD)

Not really. Fridays afternoons, or Interest Rates Decision days or Bank holiday dates, and many others are best to be left alone and head out for a walk in the park

Cable Update (GBPUSD)

I missed that too. Where or when did the say such thing?

Daily GBP/JPY analysis

While I of course respect your trading system, it is my opinion that forcing yourself to trade every single day might be a mistake. There are days (or market conditions) in which it's just best to stay out of the market altogether.

Cable Update (GBPUSD)

Overall range bounce market conditions. Strong trends are more difficult to find. Thinner volume. Weaker levels of support/resistance. Stay sidelined in august.

Trading during summer months?

Carry Trading, THE trading theme throughout the last year. What a beautiful run up across the board!

Daily GBP/JPY analysis

See my post #15555 on this thread (previous page)

Cable Update (GBPUSD)

I use the 30, 50 and 100 SMA and I use them in all time frames and currency pairs. I use them in order to analyze the health of the trend as per my system.

Cable Update (GBPUSD)

Why in the name of Jesus would you sell short this beast (see picture below), damn it! I am sorry for the harsh language, but it drives me nuts when people try to stubbornly swim against the flow. Are we salmons or something???

Cable Update (GBPUSD)

Same, holding long. Open price 1.9844 (+125 pips as of right now), trade opened tuesday 19th june during London session.

Cable Update (GBPUSD)

Indicator divergences are bollocks. I have NEVER seen any sort of consistency in trading those signals.

Cable Update (GBPUSD)

Few months ago my Average Daily Range indicator (set at period = 1 month worth of data) for cable showed a 121 pips avg daily range. Today, it's sitting at 88 (!)... GBPJPY has dropped from 195 pips to 145 pips as of today. GBPCHF from 145 to 109 as ...

Cable Update (GBPUSD)

Anyone else trading this in the believe that a whole new swing up in the weekly chart might be on the play?

Cable Update (GBPUSD)

You will learn NOTHING from any college that will be actually useful for trading. Nothing whatsoever. If you're goal is to become a professional forex trader, then dont waste time majoring in anything and spend those years studying the markets by ...

College Major for an FX Trader?

I ABSOLUTELY disagree. The psychological damage of any system in which most trades end up being losers is utterly devastating. Whoever says otherwise hasn't traded real money. HOWEVER, if it's an automated system and you can indeed sustain a 4:1 ...

Is this a satisfatory setup?

I am absolutely incapable or predicting where price will be in 4 months time. In fact, I have no idea where it will be tomorrow. But my weekly GBPUSD chart says bullish...

cable from here to november ?

I hope you never get an internet connection burp or an electricity blackout, or stuck in a position in a september the 11th type of situation, or else you'd be totally butt-naked exposed to the market Gods. Always place a stoploss. Even if it's a ...

Daily GBP/JPY analysis