The point I wanted to make, I think, was: it has nothing to do with Fridays. If you sold GBPUSD today and lost, it was because you were gambling (after all your chances are 50/50 for price to go up or down in the long run anyway) instead of trading ...

Cable Update (GBPUSD)

I wonder, though, what the lesson might be, exactly? GBPUSD was a buy from London open (and never anything else). We saw a somewhat weird "W-formation" (some may call it a weird cup and handle etc) and that was it; nothing to do with Fridays ...

Cable Update (GBPUSD)

the trend is your friend, until, alas, it ends... there is, of course (and as always) a different reading: a) the move down is the impulsive move b) the move up is the retracement c) the retracement runs into resistance and may be rejected (and may ...

Simple Trendline Orderflow System

the bigger picture

Simple Trendline Orderflow System

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Golden-Cross Trading-Idea

For bias, Kahneman's work is, of course, the most important source. Newer publications by others: Bias, Belief, And Conviction In An Age Of Fake Facts Bias: A Philosophical Study Reason, Bias, and Inquiry: The Crossroads of Epistemology and ...

Cable Update (GBPUSD)

Please, I never said it won't go where you needed it to. Support & resistance (or for the jargonistas supply & demand, or ICT-areas etc) are everywhere - it is just wise to see them before you enter any trade.

MA Crossover System that works for me

no, I will never do that - poosting live-trades would add to my stress-level I avoid unnecessary stress triggers.

MA Crossover System that works for me

best of luck

MA Crossover System that works for me

Hmmh -

Cable Update (GBPUSD)

the possibilites & risks appear to the left of price: (it can still break out eventually) if a breakout of a range enters another range I'd be very sceptical.

MA Crossover System that works for me

Well - as DrDave has preached for a very, very long time - it is both. a) the smaller TFs (the smallest being the movement of price itself) create what we perceive as trending moves b) as long as higher TFs are in a strong trending phase the ...

Cable Update (GBPUSD)

Will be interesting to see whether it'll work out. One thing that still bothers me: what happened to the old saying: buy low, sell high?

MA Crossover System that works for me

Well, that's exactly what it should do, too. The market has not made up its mind: so why should you? Not to trade GBPUSD until the directional bias is clear should right now be a no-brainer - there are lots of other instruments.

Cable Update (GBPUSD)

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MA Crossover System that works for me

This is exactly the reason why so many people mess their charts up with tons of indicators (so nothing new here). They want to filter out - what they regard as - noise in order to trade the (clear) moves. But the more you filter, the more ...

MA Crossover System that works for me

It happens to everyone - you get tricked into contrarian thinking. This is what markets are about. But price never was bullish, not for a single candle. If you wait longer and enter only after a retest of old resistance (then becoming support) you ...

Cable Update (GBPUSD)

once again: jargon & quarrels (when will the ICT-supergroup join the brawl?) sometimes it is enough to walk with eyes wide open:

Trend following system is dead

Surprising as it may seem price normally needs one or more reasons to stop (and even then it may just do whatever it does):

Cable Update (GBPUSD)

wow, one brave re-entry:

MA Crossover System that works for me