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smikester replied Dec 16, 2009Don't worry we understand. Thank you for the chart. I keep wondering when it will go to 1.000 and I think your wave count looks correct. I have no knowledge of Elliot wave. But I do see the support at 8840. And that upper trend line break is the one ...
EUR/GBP - What a great pair to trade!
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smikester replied Dec 16, 2009Well, I'm still in the above trade. They say it pays to be patient and they are right. I took half off at 9035 as I was a bit concerned it wasn't going to go. I'm still waiting for an opportunity to close the other half.
EUR/GBP - What a great pair to trade!
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smikester replied Dec 16, 2009Interceptor — Brilliant post and brilliant thread. I am one of the lucky ones but did damage my health slightly. It is so difficult to quantify the risk/reward ratio (really) in life and you see it happening all the time. My ex wife and I used ...
A Cautionary Tale
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smikester replied Dec 16, 2009I do that. Yes and it's closed below that weekly support. I was expecting 1.7 after that double bottom which is currently being tested, I think.
Cesarnc's market talk, gossips, rumours & fun
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smikester replied Dec 16, 2009Exactly? — Well in the field of human angst and endeavour it has always been my aim to make light of things. So if we simply split the week into two: We have Monday morning
which lasts until Wednesday lunchtime and Friday afternoon
which ...Cesarnc's market talk, gossips, rumours & fun
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smikester replied Dec 16, 2009BTW The Fool that video won't play in my part of the world
Never mind I had a look at the one where she has fish scales all over her back. I'm still holding my euro shorts BTW, prolly for a bit longer. I think Bemac said January I think he might ...EURUSD
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smikester replied Dec 16, 2009On this chart you can see Donchian channels. I like them because they roughly define s/r on any given time frame but here they define the range. You don't need to use them you can see it. Just look at the grey box. image So, which way is it going ...
Breakout problems
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smikester replied Dec 16, 2009You chose a good example here because I actually traded that and not very brilliantly but you will get the idea. Chart to follow.
Breakout problems
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smikester replied Dec 16, 2009Don't eat pie pie. — Gatorinla I just thought I'd let you know I am an avid reader of your posts. But that last one was a bit boring.

EURUSD
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smikester replied Dec 16, 2009As you may know — At this time of the year Friday has been moved forward from Wednesday afternonion to Wednesday morning.
Cesarnc's market talk, gossips, rumours & fun
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smikester replied Dec 16, 2009Does anybody read these? — Big news day today. Cable is wound up very tight. Volumes are down. When it starts to move it could be dynamic as everyone and his pet spider will jump on it. Unfortunately, if the news is confusing and lets face it, ...
Will Cable Continue To Be Range Bound?
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smikester replied Dec 15, 2009Jade Gate — This is turning into an interesting thread. One thing I did read in the EUR/USD thread that made some sense (a rare thing) is that banks and institutions are rounding off positions at this time of year. If you look at previous ...
EUR/USD, I am in a mess
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smikester replied Dec 15, 2009Yes — You are right but looking at your chart you've got your terminal window open and a load of other stuff. To look at a chart properly you need all the screen. I'm out of this pair at the moment even though it's one of my favourites to ...
GBP/JPY Consolidating?
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smikester replied Dec 15, 2009Support and resistance — I started to get some success when I looked at the overall trend. I don't mean on the time frame I want to trade, I mean monthly, weekly and daily. I would look for a set up on the weekly, wait for it to look good on ...
Breakout problems
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smikester replied Dec 15, 2009Good news Cesar —
Now we can relax a little bit. I just read that the bank bail out is going to cost everyone in the UK £13,000. Now just a minute, when I ran a business and it nearly went bust because someone couldn't pay me where were the ...Cesarnc's market talk, gossips, rumours & fun
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smikester replied Dec 14, 2009Barmy — How much you are comfortable with losing does not define how good a trader you are. How could it? A 1,000 dollar loss in one trade does not define the size of your account. I am personally trading with a relatively small account and ...
is james16 really a successful trader?
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smikester replied Dec 13, 2009Hey Cesar — My best wishes to you and your wife. I was sorry to hear you were badly treated in your visits. It's a difficult enough time without that. My partner is a biochemist so she is familiar with what you are talking about and yes, she ...
Cesarnc's market talk, gossips, rumours & fun
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smikester replied Dec 9, 2009Close — Not countless, but a lot of hours. For me the equivelant of about 40 hours a week over 3 years. From what information I have found that's about average. So not a lifetime. Someone younger, brighter, talented or with a good teacher may ...
How did you find success?
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smikester replied Dec 9, 2009You're welcome — I like PeterFM's thread because it's an easy read but useful. Some of the other informative threads above can be heavy going - not all though. Good trading to you.
New System
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smikester replied Dec 8, 2009If you think you can you will win — I just seem to be a lot luckier these days. It's taken me 2 - 3 years and now I am making money. I have just recovered from some kind of weird RSI injury in my mouse arm so I now use my other hand to operate ...
How did you find success?