Trading conditions are better now for this method. This one's for you, Constantino. Thanks for reminding me... (And Mingary) image

The DIBS Method... No Free Lunch continues

Thanks for the chart. Why would that be?

EUR/GBP - What a great pair to trade!

If you ever answer a question truthfully, or in an amusing way, you may earn my respect. But I sincerely doubt it. Upset? By you? I have better things to concern myself with.

Forex is random

Similarly, this is nonsense. The buyer believes in a probable rise - OK. There is someone who will sell to him (at a higher price). The seller does not necessarily believe a fall is probable, he makes his money from the transaction and the price can ...

Forex is random

That is completely meaningless. Did you take it out of context? You may as well say someone finds an apple tree and then the whole village comes along and eats the apples. So what?

Forex is random

Let's leave it there. Ross Edwards thinks you talk bollokcs and I'm rather inclined to agree with him. He can put it so politely, too. Here's your reminder:

Forex is random

Wow! You don't give up do you? I do not need to study Brownian motion. A weak effort on your part to deflect me. Yes, a smoke screen. I asked you a pertinent question. Instead of answering it you gave me questions. How would you describe answering a ...

Forex is random

Smoke screen. Your argument is broken. I'll give you one virtue - persistence. Don't ask me what I think of you. Bye Mingary.

Forex is random

The word is "pique".

Forex is random

image

Cable Update (GBPUSD)

Short 1.2289, stop loss 1.2319, target 1 = 1.2264. Don't follow me.

Cable Update (GBPUSD)

image

USD/CAD

And before anyone else posts on this nonsensical thread "Forex is Random" take a look at this chart, especially the last 8 weeks, and the ATR (average true range) indicator. What could have caused this? Is it just random volatility? I hope this ...

Forex is random

Mine doesn't. I accept, also, there is a fee for trading, providing a service and the administration and risk involved. They are allowed to profit from their work. Some may be sneaky little devils, as you so spitefully put it. These boards and ...

Forex is random

Wednesday is OPEC meetings, that may make a difference. Thursday at 08:30 EST we have news for Usd and Cad. This week may define our direction.

USD/CAD

Very disingenuous, if you understand the carry trade as you say you do. The Yen carry trade went on for years. You are making something that was very simple sound complicated or difficult. The Yen carry trade of the early 2000's I chose because it ...

Forex is random

I like the daily hikkake continuation: Short .8740, stop loss .8855

EUR/GBP - What a great pair to trade!

I like your jokes. Funny mental and so on. Unfortunately you did not answer my question. "I don't believe" is not an answer. It was really very simple and if you don't know what caused the carry trade, you have no business stating that fundamental ...

Forex is random

Since the prevailing trend is up I believe we will break upwards. Flight to safety and so on.. I noticed your chart after I had drawn this one. image

USD/CAD

OK. Back on topic. What caused the carry trade and can you call it a random move?

Forex is random