Oh well, what the hell, I'll lay out my long term trade plan for cable... Weekly chart below, added to the triangle formation on Daily showed few posts above... If breakout is to the downside, I will pass.

Cable Update (GBPUSD)

If we zoom out into the daily, cable seems to be triangling up and down without a clear direction.

Cable Update (GBPUSD)

Downtrend as per which time frame?

EURUSD

Please send me an email MPP, let's not polute the EURUSD thread

EURUSD

Hahahah that was one good post mate

What is common among most trading systems posted here?

Hello MPP, I was following today USDCAD 1H for a short and EURUSD 4H for a long (after a retracement back to 1.4000). I have triggered no entry today, there's no momentum AT ALL across the board today. I will 99% sure remain out of the market today. ...

EURUSD

You folks shorting this?

EURUSD

This market is totally stagnant. 40 pips from high to low throughout the whole day. There is nothing fast about EURUSD today.

EURUSD

In my opinion, and as opossed to what's been posted above, the tears DONT come when you start out because you're still experimenting, reading, demo'ing, etc and you're pretty much expected to be confused left, right and center. The sourest tears ...

Tears And Laughter In Forex Trading

Why most fail is clear to me: lack of discipline and patience to wait for PERFECT setups, aka over-trading. We just need to have a look at threads such as the Cable thread on the Main Discussion area: people chaotically calling entries left, right ...

Why do 95% of traders lose?

Ah, alright, cheers mate. Well yeah then, MAs are good for trading .)

Forex can be easy!!!

I cannot figure out what exactly we're discussing about on this thread.

Forex can be easy!!!

Proper stoploss-placement is another pillar of trading, just like entries, targets, money management, time frames, etc. Without a coherent stoploss policy, any strategy is bound to fail.

Drawdown or Stop Loss

So why people want to become a doctor, an engineer, a lawyer or an architect if you gotta study your ass off for 6 years? Did you actually believe trading was any different than all the other professions? did you believe you could make hundreds of ...

Maybe it won't happen to me ?

Serious 150-pip spikes up on GBP-crosses across the board. Someone out there is definitely doing some Friday profit takings!

Cable Update (GBPUSD)

And the parity is reached! I remember someone a few months back on this same thread saying that USD and CAD would never reach parity because US citizens go to Canada to purchase stuff and not the other way around and whatnot. You never know what ...

USDCAD trend reversal?

Pattern breakouts do work very well as long as they are located within a clearly trending market and the breakout happens in the direction of the trend. In fact, one of my favorite setups are ranges, flags and triangles breakouts, always in the ...

technical price patterns' Rate of failure.

I have traded through Dukascopy, very professional and reliable. No problem with withdrawing money. They give you straight Skype contact with their support department to contact them at any time. Their spreads are not the best I have seen for an ...

DukasCopy question

IB is one of the best brokers out there in my opinion, but their platform and their website come right out from the middle-age. I cannot understand why they dont spend some money in providing a decent trading platform. It's so freaking cumbersome!

Anyone Trading Forex With Tradestation 8.3?

And how'd you know that?

Money Management