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- SunTrader replied Oct 21, 2007
You are obviously not talking about an equal number of trades are you? Because then there is no doubt the 2nd strategy blows the 1st one away. + + + As someone earlier mentioned, one of the main reasons why traders fail at a high rate is they are ...
Now I know why 95% of traders are on losing side
- SunTrader replied Oct 20, 2007
Not even close. What was there, something like 15-20 million killed in WW II?
Cable Update (GBPUSD)
- SunTrader replied Oct 19, 2007
I don't think Bernanke would say "Today i will have a speech." Not unless he suddenly forgot proper usage of the english language.
Cable Update (GBPUSD)
- SunTrader replied Oct 18, 2007
Guys it is Cha Ching. Old style cash registers made a ring that was said to sound like Cha Ching.
Cable Update (GBPUSD)
- SunTrader replied Oct 18, 2007
Well this is from the Economist. Not exactly one of my favorites either: "Every recession since 1945, with the exception of the one in 2001, was preceded by a sharp rise in inflation that forced the central bank to raise interest rates". Although ...
Cable Update (GBPUSD)
- SunTrader replied Oct 18, 2007
Also it looks like Dow will be closing positive or not very negative on the day. Even though lately Cable has started to diverge from what the indexes are doing - it does help support GU for the time being.
Cable Update (GBPUSD)
- SunTrader replied Oct 18, 2007
Oh Ok, nevermind.
I saw your posts before looking at a live GU chart. I trade many other markets besides GU/EU. I myself don't see much weakness at the moment, so I would be suprised if there is a big move before London re-opens.Cable Update (GBPUSD)
- SunTrader replied Oct 18, 2007
Where????????? A trendline is broken only when price closes below and then continues. Dipping your toe in the water is not the same as taking a dive in the pool. Don't you know that by now. Besides I guess you didn't read my comments with the chart ...
Cable Update (GBPUSD)
- SunTrader replied Oct 18, 2007
Mr Future, This is how I like to draw trendlines. I ignore, for the most part, long wicks. I try to stay as close to the price bars, which to me shows true support/resistance. And if price action pulls too far away, like with many large "hills" and ...
Cable Update (GBPUSD)
- SunTrader replied Oct 18, 2007
Oh if thats what is blocking it, then get that damn trendline out of there and let it go higher.
Cable Update (GBPUSD)
- SunTrader replied Oct 18, 2007
Looks like 2.0420 is recent resistance which is now support that needs to hold.
Cable Update (GBPUSD)
- SunTrader replied Oct 18, 2007
There is no choice in the matter. There is only right. And you know in driving three lefts make a right too.
Cable Update (GBPUSD)
- SunTrader replied Oct 18, 2007
Thats what I like. Long GU Long should have a line added: No Poitically Correct No.Cable Update (GBPUSD)
- SunTrader replied Oct 17, 2007
PS I never said Mexicans, I said Spanish. Gringo, Yanque, Elliott Waver or whatever. I don't give a *%#@.
+ + + Nevermind Kill Bill I or II. I never saw The Matrix. De Niro is where I find blood and guts movies. Now he uses some colorful language. ...Cable Update (GBPUSD)
- SunTrader replied Oct 17, 2007
Since I am a jerk I had to goggle katana - a Japanese sword. So you are either Japanese and would call an American, born and raised, something else. Or if you are Spanish would use the term Gringo, but why would you be refering to a Japanese sword ...
Cable Update (GBPUSD)