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Auslanco - GBP/JPY and GBP/USD (newstrade)

  • #10,721
  • Aug 17, 2007 8:22am Aug 17, 2007 8:22am
Quoting karmostaji
Target reached 228.60 , you can take over now Auslanco my friend ;p
Great, mine reached at 238.32
  • #10,722
  • Aug 17, 2007 8:23am Aug 17, 2007 8:23am
Quoting karmostaji
Marketiva

they froze the platform twice for like 2 mins but didn't affect my trades
Now that it's less than 10 mins before Dow opens, do you think it would still retrace to 1HR SMA before heading north again?

~G.
  • #10,723
  • Aug 17, 2007 8:24am Aug 17, 2007 8:24am
Quoting karmostaji
Marketiva

they froze the platform twice for like 2 mins but didn't affect my trades
did you start your account off with the free $5
  • #10,724
  • Aug 17, 2007 8:26am Aug 17, 2007 8:26am
Quoting Mr.Q
Greeting Guys,

I been reading / learning from this thread since day one but did not want to post anything since I had nothing to contribute plus all the dumb ? I had, sonebody already asked.
I am in a bind and looking for some guidence. I opended a trade going short around @223.27. Initailly it was positive till News from Japan, put me in a hole then the rate cut. I am in a hole for 525 pips on one st. lot (BAD MM). What should I do. Add more fund to the account or close the position. I am looking for options here and I cannot hedge either. my broker does not offer this option. I hold nobody responsible for any suggestion or recommendation. Final decision will be mine. Please Advise.

Beside this one screw up, I am doing ok. Love this forum and learning lot. Thanks guys in Advance.

KEEP THE TEAM SPRIT GOING. EVERY ONE OF YOU GUYS ROCK.

~Qamar

You should have closed your position earlier dude. You did the same error as me before , you don't close your position and you hope the market will go the other way.
And put some Stop Limit as well , so if the market goes against you , you'll be "safe".
Better be safe than sorry
COT: The precious data ignored
  • #10,725
  • Aug 17, 2007 8:28am Aug 17, 2007 8:28am
hmm, Auslanco.. what do you think of the retrace?
Trade what you see, not what you think.
  • #10,726
  • Aug 17, 2007 8:28am Aug 17, 2007 8:28am
target reached 228


I will go long again later for 239 target
  • #10,727
  • Aug 17, 2007 8:28am Aug 17, 2007 8:28am
just get me to 229.50 and its all yours.
  • #10,728
  • Aug 17, 2007 8:29am Aug 17, 2007 8:29am
Quoting kuroro001
You should have closed your position earlier dude. You did the same error as me before , you don't close your position and you hope the market will go the other way.
And put some Stop Limit as well , so if the market goes against you , you'll be "safe".
Better be safe than sorry
Beginner's mistake. Emotionally attached to the trade. Bad MM.
  • #10,729
  • Aug 17, 2007 8:30am Aug 17, 2007 8:30am
Oh well. I don't want to play when the other side cheats. I think I will stay out until the latest desperate effort by the central bank fails.



And it will fail.


Be careful out their.


Markam (only likes to play with bears)
  • #10,730
  • Aug 17, 2007 8:30am Aug 17, 2007 8:30am
Quoting Mr.Q
Beginner's mistake. Emotionally attached to the trade. Bad MM.

Yeh , i guess most of the people made that mistake , it cost me an account once
COT: The precious data ignored
  • #10,731
  • Aug 17, 2007 8:31am Aug 17, 2007 8:31am
Quoting karmostaji
hmm, Auslanco.. what do you think of the retrace?

retracement to 5 sma 30 mins
  • #10,732
  • Aug 17, 2007 8:31am Aug 17, 2007 8:31am
DOW open +132

oops 3 mionutes later + 221
  • #10,733
  • Aug 17, 2007 8:32am Aug 17, 2007 8:32am
Quoting auslanco
retracement to 5 sma 30 mins
just making sure i'm thinking right, ty
Trade what you see, not what you think.
  • #10,734
  • Aug 17, 2007 8:32am Aug 17, 2007 8:32am
Quoting Mr.Q
Beginner's mistake. Emotionally attached to the trade. Bad MM.
Heck we all have done that, welll most of us have ausl and karm the exception? I just didn't go quite as far as that, about had a stroke when it was at -125... Just remember the value of a stop loss and perhaps even a trailing stop to lock in some profits while away from your computer.
  • #10,735
  • Aug 17, 2007 8:33am Aug 17, 2007 8:33am
come on DOW you can move GJ up
  • #10,736
  • Aug 17, 2007 8:35am Aug 17, 2007 8:35am
hi karmo
why GJ wasn't trail DJ????
  • #10,737
  • Aug 17, 2007 8:35am Aug 17, 2007 8:35am
Quoting karmostaji
I will long again at 1H 5SMA retrace, the DOW is going to give us a big boost

230 is a nice place
did you think it will retrace to 225.50 1H 5sma??????
  • #10,738
  • Aug 17, 2007 8:36am Aug 17, 2007 8:36am
Quoting auslanco
retracement to 5 sma 30 mins

Aus

When I look at the 5sma 30 min price is that number at the end of the blue line? Mine says on vt platform 224.72. Is that number right?

Thank you. sw
The Will is Greater than the Skill
  • #10,739
  • Aug 17, 2007 8:36am Aug 17, 2007 8:36am
any insights on USD news in 25 minutes?
  • #10,740
  • Aug 17, 2007 8:37am Aug 17, 2007 8:37am
Quoting shahroodi
hi karmo
why GJ wasn't trail DJ????
If the dow gaps higher or lower, GJ doesn't jump to cover that gap. It just follows from whatever the opening level is.
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