Oh come on now. The object in trading is to make money. Not avoid at all costs having a losing trade or two. As one author pointed out in Baseball a hitter can have a .300 batting average (or 3 hits per 10 at bats) and get paid $millions. + + + And ...

Why I can't win

If this call is correct, otherwise there is more money to be made making the shorts cover. Today was a down close, one of the few lately. Only thing is it didn't even close into the midpoint of yesterday's daily bar. Once the rate annoucement is out ...

Cable Update (GBPUSD)

Another top caller. One of these days I will be proven wrong, but the wreckage of all the others who've blown out their accounts will stack up well against that one who calls it at the right point.

Cable Update (GBPUSD)

Dow and everything else closed here now. So should be pretty quiet for a while.

Cable Update (GBPUSD)

Someone once said, too many rear-end collisions.

Cable Update (GBPUSD)

And London has closed for the day and Tokyo hasn't opened yet. Not to mention BOE rate announcement coming.

Cable Update (GBPUSD)

It must be over on the EJ thread.

Cable Update (GBPUSD)

SMA as in SIMPLE moving average.

Cable Update (GBPUSD)

We do now.

Cable Update (GBPUSD)

WTB, I'm with you. I have data back to 1987 and I don't see anything up @ 2.2195 or in between. Sun

Cable Update (GBPUSD)

Oh, I wouldn't say out just yet. They may return at some point. I think in free's case he is waiting till the actual downturn/retrace. So he can claim to have actually called it. Yuck yuck. They don't get it that you don't need to call absolute tops ...

Cable Update (GBPUSD)

I think cable will top out once all the folks here stop calling for a top. Once the last bear throws in the towel. But what I do know is that once it turns will be the time to go short whether or not GBP rate hike is priced in so thats bearish or ...

Cable Update (GBPUSD)

I think some of us here are comparing apples to oranges. I am talking about 10% monthly compunded return on the money in an account. For instance starting with a $1000 balance and it seems most here on FF barely could scratch that together. At 10% ...

forex fundamentals are way too vast

OK you go boy, but can you please let me have my own little corner of the world somewhere, huh? Reminds me of a guy I worked with at one time. The guy said in talking about his daughter: "In one ear and and in the other" And for those who've never ...

forex fundamentals are way too vast

Look at this way: Buy a house and you (traditional loan) pay a fixed interest rate and a fixed monthly payment. Buy a house and you (nowadays) pay a fixed interest rate and fixed monthly payment for the first few years and then you are at the whim ...

forex fundamentals are way too vast

Most just say what they are doing. Very little posting of charts which I believe helps a whole lot better than "going short" or long. Why. Thats doesn't seem to matter to most. Just the fact that they declare what they are doing and we are should ...

Cable Update (GBPUSD)

There is no magic time frame to follow to determine a trend change, sorry. The time frame to follow though is the one you are most comfortable trading. And no one else can you what that is.

Cable Update (GBPUSD)

You do realize that H.M. Gartley himself did not use fib ratios back in 1932 when his book "Profits in the Stock Market" came out. In was only in recent times when Larry Pesavento applied fibs in his book "Fibonacci Ratios with Pattern Recognition". ...

applying fibonacci

Again not to downplay the seriousness of any attack, but if these few semi-attacks happening during trading the reaction would be short-lived. A trading session at most and unless more details or a possible more serious attack happened cable would ...

Cable Update (GBPUSD)