In Boris Schlossberg' book he mentions using Asian / European / US trading periods to calculate intraday pivots. My opinion is pivots don't work as well on currencies like other markets. Although daily or intraday pivots work some of the time, I ...

Pivot points

Although I do believe henrycarol has a good record on his calls, I think seekinglight was not out of line a bit. His advice was not being critical at all but helpful.

Cable Update (GBPUSD)

And please take Free444 and Sor-Ass Jr. with you.

Cable Update (GBPUSD)

Forums ---> Forex Discussion ---> New Thread

Cable Update (GBPUSD)

The only problem of a random entry and/or exit is ...... nobody does that. At least nobody who wants to last past their 1st week of trading. Coin flipping is purely an academic argument and the record of academia's move into trading (LTCM etc.) is ...

Exits: Our worst enemy

If I have a bad day, I take at least the following day off. Vengeance is also a word I would not use too. Never works trying to get even with the market.

Cable Update (GBPUSD)

Dow -120. Bear Stearns bastards

Cable Update (GBPUSD)

I have known a few top traders and they are no different from the general population. Some live the good life and some live lowkey. Never smart to generalize about anything. This topic reminds of a line I heard once: I used to be lonely, then I got ...

Are Trader Lonely people??

Its solely simple-minded nonsense. Appeals to people who think the markets are complicated and they can never learn to trade without software telling them what to do. Instant gratification or so they think. If you have seen their info-mercials they ...

Support & Resistance

Now I know why I bother reading this forum. It's not for the calls, although have made some really good ones. It's definitely not the, cable is going to kabillion or zero rants. It is the brasilian and british humor. + + + Now I have to nominate ...

Cable Update (GBPUSD)

Yeah maybe. NOT. He has made exactly one good call. And in the right direction too. Wopee. You know the way that cable has been going overall for years. Against a very weak currency USD. Really hard to do for some I guess.

Cable Update (GBPUSD)

It is right there on any chart. No TA involved. Just good eyesight.

Support & Resistance

Wise guy hmm. You sure it wasn't a MA wiggly-squiggly or maybe a reverse divergence/submergence or just maybe a Elliot/Wolfe Wavey Gravey. : Simple is best.

Cable Update (GBPUSD)

Slick website. How long have they been in business. We're they even around for the last big drop in '00. I bet LTCM had a nice website too and plenty of PHD's and nobel prize winners. My point is not to be negative. I'll believe when I see and when ...

The future effect of banks using AI software

Google makes all things possible. Huh? I will continue to be ignorant and live in the real world and I am not talking the MTV program either. Technological advances such as phones that take pictures and plays music are a step back not forward. To ...

The future effect of banks using AI software

Another good one.

Cable Update (GBPUSD)

I don't read comic books (since I got over the age 11, that is), Poetry, what are you kidding and the Eliza AI, online I suppose? Real world examples puleeze. Are you a trekkie as well.

The future effect of banks using AI software

AI replacing humans is on the same level as time travel. Comic book material.

The future effect of banks using AI software

If it is true S/R then that will tell whether or not there will be more buying or selling. That is the idea to look for S/R, after all. Otherwise flip a coin.

Support & Resistance

You certainly are. BTW bad news sometimes means good news. It is how the market reacts. Not so much what makes it react. Sleep tight.

Cable Update (GBPUSD)