Recent content by nefariousbaffler

Right there with you. :cheesy: Hopefuly the news from the US is positive

Don't think it will break :-0

Not as of yet. I'm thinking it will be a lot of sideways action leading up to FOMC tomorrow....not many good break outs. However, I would like to discuss the long term possibilities of cable taking a big drop. Looking at the daily GBP/USD with a RSI (10) and MACD (12,26,9), a huge inverse...

Morning everyone, I'm a very simple trader. I have been trading a stop and reverse breakout system on cable since July. I have doubled my account so far. Hope it continues. Hope to learn from you all. Good day.

and how do we do that? :rolleyes:

everybody in position?

Do you have more info on "vegas"ing...not familiar with it

Wasp--- I am going to try today what I was talking about on NFP. Did you ever find out the data in regards to how many times cable has moved 300 pips on that news?

Ok well I tried to figure out your clue but no such luck. It's either up as in up the charts or down as in South like Texas.....not much help :twisted: As for only tradin NFP...couldn't you have two trades in place, one sell and one buy and both with stop losses? Wouldn't you be virtualy...

Yes, looking long term

So I know all the fundemental reasons as to why the USD is supposed to drop. I know because of all the trade imbalances, debt, and warren buffett holding eur as well as all the other reasons why I should be long EUR. BUT....then I look at the chart and see a massive H&S pattern setup. So my...

While not a highly successful trader by any stretch, I have been trading for a couple of years now. It is my personal opinion that the reason so many people don't do well in this field is because of: A) EMOTION - Most people have way too many ingrained emotions, flaws to accomplish what...

Oh and you can trade over 50 different currencies as well :cheesy:

Check out http://shorcanindex.com This has competitive rates and you can trade cfd's in 10 different international markets. It has all the major indexes and more than enough stocks. Also includes oil, gold, silver. In all it probably has 350+ different things you can trade. Minimum is 2000...

So in regards to the bear flags that were developing in silver and gold...is it safe to say that they have faded away and are no longer good indicators or do they still fit the relative criteria?