Close below support at 5950 and an inside bar on the hourly. Wow.

Cable Update (GBPUSD)

Chart — Here's a chart with my current analysis: image The solid grey horizontal box signifies resistance at .90xx I will be looking at a solid close above that box on the daily before going long. I have marked the 26th November with a ...

EUR/GBP - What a great pair to trade!

Yes and where is my flying car as depicted in The Eagle comic paper's "City of the Future"? C'mon USA you put a few men on the moon. What about the rest of us???

Cesarnc's market talk, gossips, rumours & fun

You might start by forgetting head and shoulder formations as the chart you have posted does not show one, and concentrate on support and resistance levels and where these affect the trend. This pair has been ranging for 10 weeks and I am keeping my ...

Eur/Gbp 30

How do you interpret this gatorinla? Bad for euro, obviously? I see an already formed bearish pin bar on the 9 hour (yes 9 hour...) chart and I expect the slide to start in the next few days.

EURUSD

Why I'm out for now — The following chart shows a range trader's dream. Range trading is not my thing so I am on the sidelines for now: image I see a pair that is beginning to wind up tightly and so there should be a good trade to be had ...

EUR/GBP - What a great pair to trade!

Whoah there! Sex may be bad? I've been doing it a long time. What's going to happen to me? Happy New Year everyone! Sozzy I was a bit late. Just clambering out of the wreckage... Short Euro. Methinks the dollar isn't going to zero. If it does ...

Cesarnc's market talk, gossips, rumours & fun

Long Euro — Long Euro... image

Cesarnc's market talk, gossips, rumours & fun

No need to beat yourself up about it. I bet I have given up more times than you. I used to try for 1 an hour when I was trying to cut down. It is an addiction, worse than most. I know I will always be a smoker, even though I have only smoked a ...

Cesarnc's market talk, gossips, rumours & fun

How's the no smoking going Cesar?

Cesarnc's market talk, gossips, rumours & fun

I do not want to rain on your parade through the rookie camp but the mathematics of these rules are not right. 0.01 lots on a $1,000.00 dollar account is not (risking) 0.01% of your account, especially with a 200 pip s/l. 5 trades open at the same ...

The perfect trading system

Closing a long is a sell. Closing a short is a buy. Get used to that concept. It's how the market works. The only exception should be that we may wish to exit because we are over leveraged and see a better opportunity.

Entry is easy, but Exit is really difficult

Surely did — It did! I closed my longs at 8996. 90 pips. TYVM. The end of my trading day is in 2 - 3 hours but price action does not look inviting to me. I think we might see some sideways action for a while as there is good support at .9000. ...

EUR/GBP - What a great pair to trade!

Such a strong move down today, you might just be right. There might be a few shorts closed for profit taking. However, on the daily there is a strong downtrend and it's not how I would trade out of this position. I fully expect a close below 1.58 ...

Cable Update (GBPUSD)

Close above .9000? — If today will close above .9000 then I will add to my longs.

EUR/GBP - What a great pair to trade!

A matter of opinion — You will see different opinions on this. I was waiting to short the Euro in December because of this knowledge: url and as you can see it worked out well. Thank you Jade gate. Some traders close out and pack up for the ...

is it good idea to trade during the holidays??

I like your rules. I'm not sure what you mean by goal setting but you seem to have some reasonable rules. I don't set goals because some days don't suit my style of trading and I will stay out of the market. This doesn't mean I'm not working. Other ...

Goalsetting

Too small — I'm not sure what software you are using but if you click on 'File' 'Save as a picture' and then upload that using the attachments tab in your 'Reply to Thread' message menu, then we should be able to see it. Cheers!

EUR/GBP - What a great pair to trade!

Articulate — Here you are: url

EUR/GBP - What a great pair to trade!

Forex is a 24 hour market. If there is strong sentiment, generally speaking, it doesn't reverse when Frankfurt opens, and London doesn't reverse Frankfurt's. Traders are traders all over the world. Any session starts to wind down towards the end ...

The DIBS Method... No Free Lunch continues