If I ever believed there was a market that was "so easy to predict" i'd load up with 20% risk per trade as per Kelly Criterion and make 'em puke until God himself wouldn't take the other side of my trades...Peterma said:Ahhh... good old FX so easy to predict.
Well the problem is you're trying to trade markets that are not "TA friendly."the golden gun said:If I ever believed there was a market that was "so easy to predict" i'd load up with 20% risk per trade as per Kelly Criterion and make 'em puke until God himself wouldn't take the other side of my trades...
real traders have no use for directional bias, that's something you picked up from your sociopath mentor, ICTrod178 said:imho the market is more likely to slide lower, although I am more certain that Shop Girl will remain puerile and Suicide Cat will remain without hope.
Don't think about it, just trade it.Peterma said:Now here's a wee thought, before I go to sleep.
So the agencies, in their infinite wisdom, have downgraded UK, and it so happens that the UK runs a not so small deficit which needs serviced.
Uh oh, up goes the cost - well not really because when you look at UK bonds, the immediate heat is off.
Ah the poor investor, he sold his Gbp stocks and hadn't the heart to buy Usd because he would take a hit on the FX, so he stuck with his Gbp's and bought the bonds, now wonder what will happen when that little flurry of buying dries up.
I'll dream about it ..........is that a gap that I'm counting the sheep going through?
insofar as seeing requires the brain to process and interpret the pattern, then fire off a signal to your fingers to click the fuckin mouse.Peterma said:"this is a thinking man's game" - so says some guy called Williams.
Well now we know, he duly hinted and cable dropped around 160, nice Carney.Peterma said:Ahhh... good old FX so easy to predict.
So come tomorrow, more of the same, sell Gbp? - why not choose stocks - remember it's buy buy Monday.
Anyways, back to the sweet shop pour moi.
Edit: forgot to mention Carney, wonder what happens when he hints at interest rates, rumour is that he watching cable too.