Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 755 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/JPY, GBP/USD

Similar Threads

Auslanco-GBP/JPY Strength Indicator strategy 345 replies

Auslanco 15min GBP/JPY startegy 630 replies

My MT4 indicators for Auslanco's strategy 92 replies

Auslanco 15 minute Strategy Oanda FXManager Updates.. 62 replies

Questions About Auslanco's Trades 72 replies

Attachments: Auslanco - GBP/JPY and GBP/USD (newstrade)
Exit Attachments

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

  • #15,081
  • Aug 24, 2007 7:08am Aug 24, 2007 7:08am
Quoting monarch
Or you can just do like me, trade a 5 minute once a day, pick up 10-50 pips with a 1,000.00 lots, that would be much faster and easier then waiting years with a 1.00 trade EH?

Just my 2 cents worth.

Ken
1000 lots? Are you serious?
  • #15,082
  • Aug 24, 2007 7:09am Aug 24, 2007 7:09am
Quoting monarch
Or you can just do like me, trade a 5 minute once a day, pick up 10-50 pips with a 1,000.00 lots, that would be much faster and easier then waiting years with a 1.00 trade EH?

Just my 2 cents worth.

Ken

Yehh bro.. From Monday I'm only do the Frankfurt/London Opening.. 36 hours since my last sleep
  • #15,083
  • Aug 24, 2007 7:10am Aug 24, 2007 7:10am
Just for those without a lot of$$.... MONARCH is rich LOL.. We cant treat the market like a WOMAN where you are in for 5-10mins and expect to get sumtin..... other then being burned!!If you no what i mean we need to spend time with her and be with her for the year to see how she operating to find out when its time to GO
  • #15,084
  • Aug 24, 2007 7:10am Aug 24, 2007 7:10am
g/u brkin high of day
  • #15,085
  • Aug 24, 2007 7:11am Aug 24, 2007 7:11am
Quoting Zoran
1000 lots? Are you serious?
Didnt you watch the UJ went up by 11pips when Monarch entered the market before???
  • #15,086
  • Aug 24, 2007 7:12am Aug 24, 2007 7:12am
Quoting zoheir
that's scary I use 1$ pip lots and if i see anything greater that 100pips loss/trade I faint , imagine if 2 pips = 2000$ in your case I will surely die
If you made one trade per day, and you knew you could clear just one pip with no problem, which we all can do here with our eyes closed basically, then just add 1.00 to that trade each day, after a few weeks you will slowly get used to the increase, and when that 1 pip is in your account you will slowly add profits.

In one week your trading 5.00 a pip
then two weeks 10.00 a pip, then on and on.

Slowly adjust you lot sizes, and then you slowly increase the pips your targeting.

I set out for anything over 1 pip profit, and usually 10 on Entry one, then let Entry two go further, but Entry 2 has a smaller Lot size, because it is getting the frosting of the cake.

My Entry 1 is the loaded one, I make that my profit builder.

So basically, you can add up quick profits on small pips.

In one year you would be at 260.00 lots at 1 pip, that is small numbers, but then add the 10 pips a day.

It is all baby steps along the way.

Good Trading to you.
  • #15,087
  • Aug 24, 2007 7:14am Aug 24, 2007 7:14am
Quoting monarch
If you made one trade per day, and you knew you could clear just one pip with no problem, which we all can do here with our eyes closed basically, then just add 1.00 to that trade each day, after a few weeks you will slowly get used to the increase, and when that 1 pip is in your account you will slowly add profits.
Whats your usual SL???
  • #15,088
  • Aug 24, 2007 7:15am Aug 24, 2007 7:15am
Quoting auslanco
Didnt you watch the UJ went up by 11pips when Monarch entered the market before???
Actually I only trade small lots when I am not trading in my Time Frame with my 5 Minute setup/signal.

Most of this off time is my play time, trying different things and staying out of trouble.

I could never put a trade in expecting a big return on a long term trade, even though I caught the ride down from 251.00 area nicely.

But I keep coming back for more and enjoy the conversation of the thread members.

Made one trade earlier, but it was for the 1000 page celebration, and that took a while to clear profits. LOL
  • #15,089
  • Aug 24, 2007 7:15am Aug 24, 2007 7:15am
15m candle above TFT
Trade what you see, not what you think.
  • #15,090
  • Aug 24, 2007 7:16am Aug 24, 2007 7:16am
HOW MY TIMES DOES THAT WORK......You will never understand a woman thats whats wrong with us Male traders we move to Quick..Slow down give the market respect and look for the Big Pic and you wont have problems..
Quoting Hakuna Matata
hey--thats my strategy
  • #15,091
  • Aug 24, 2007 7:19am Aug 24, 2007 7:19am
Quoting karmostaji
15m candle above TFT

bro.. 15 mins dont have much weight when 1hr is very strong bearish and near the 50 line.. But... I'm with you for the bulls.. This news is USD negative. GU will shoot up. Then our Prince Karmo will get more money in his bank account
  • #15,092
  • Aug 24, 2007 7:20am Aug 24, 2007 7:20am
PS im up 150pips from 3am
  • #15,093
  • Aug 24, 2007 7:20am Aug 24, 2007 7:20am
Quoting auslanco
Didnt you watch the UJ went up by 11pips when Monarch entered the market before???
Someone once told me that we are just a flea on an elephants back. I suppose Monarch is a mozzie
  • #15,094
  • Aug 24, 2007 7:21am Aug 24, 2007 7:21am
Quoting auslanco
Yehh bro.. From Monday I'm only do the Frankfurt/London Opening.. 36 hours since my last sleep
There is no doubt bro, I am going to have my computer on at 30 min prior to Frankfurt, then once I clear my target, this puppy is going off again.

We don't need screen time, and I start to dabble too much watching the charts, and I get real tired.

Discipline is #1, and when we lose that, we lose money.

My Stop is very small usually, but in most of the entries I make, there is very little drawdown, and only a few times that I actually get stopped out.

If we are trading the trend, and make the right entry point, give it time, and it will eventually lock in a few pips.

I have had a problem getting out too soon, so what I did was split my entry.

Entry 1 will go for the gusto, quick in, and if I see it go 8-12 or 20 pips, then back up on me, I pull out fast.

Entry 2, smaller lot size, I put a stop usually around my entry area, because most times the market is moving good at the entry point. The other day, I put my stop +2 over my entry, it hit right on, and never looked back, then it went up 250 pips after that, now that burns my hide.

But keep it simple, and take what she gives, 1 pip is good - 5 pips is great - 10 or more, we smile all day.

5 trading sessions, 5 trades. that is enough for my blood pressure. LOL
  • #15,095
  • Aug 24, 2007 7:21am Aug 24, 2007 7:21am
Quoting auslanco
bro.. 15 mins dont have much weight when 1hr is very strong bearish and near the 50 line.. But... I'm with you for the bulls.. This news is USD negative. GU will shoot up. Then our Prince Karmo will get more money in his bank account
I'm just bored bro, looking for anything to entertain me..
Trade what you see, not what you think.
  • #15,096
  • Aug 24, 2007 7:23am Aug 24, 2007 7:23am
Quoting Zoran
Someone once told me that we are just a flea on an elephants back. I suppose Monarch is a mozzie
HAH


Attached Image
  • #15,097
  • Aug 24, 2007 7:23am Aug 24, 2007 7:23am
Fellas Heads UP. US Core News coming in 10 minutes.

I dont know whos in, but I'm on the sidelines till then. Maybe it be a good windfall, lets see.


also at 10AM the great anticipated New HOMes for US. Thats gonna set it off. I predict slide slide slide. But then again it is US and nothing is certain even though you know it should be. :
  • #15,098
  • Aug 24, 2007 7:24am Aug 24, 2007 7:24am
Quoting monarch
There is no doubt bro, I am going to have my computer on at 30 min prior to Frankfurt, then once I clear my target, this puppy is going off again.

We don't need screen time, and I start to dabble too much watching the charts, and I get real tired.

Discipline is #1, and when we lose that, we lose money.

My Stop is very small usually, but in most of the entries I make, there is very little drawdown, and only a few times that I actually get stopped out.

If we are trading the trend, and make the right entry point, give it time, and it will eventually lock in a few pips.

I have had a problem getting out too soon, so what I did was split my entry.

Entry 1 will go for the gusto, quick in, and if I see it go 8-12 or 20 pips, then back up on me, I pull out fast.

Entry 2, smaller lot size, I put a stop usually around my entry area, because most times the market is moving good at the entry point. The other day, I put my stop +2 over my entry, it hit right on, and never looked back, then it went up 250 pips after that, now that burns my hide.

But keep it simple, and take what she gives, 1 pip is good - 5 pips is great - 10 or more, we smile all day.

5 trading sessions, 5 trades. that is enough for my blood pressure. LOL
I'd be interested to know which trades you take next week.
  • #15,099
  • Aug 24, 2007 7:24am Aug 24, 2007 7:24am
you could entertain us with your graphs

this ranging market is making me snooze.. and its only 825pm here

need some entertainment tonight..

gd thing is that its friday night and that means i can trade up till close of NY yay!



Quoting karmostaji
I'm just bored bro, looking for anything to entertain me..
  • #15,100
  • Aug 24, 2007 7:25am Aug 24, 2007 7:25am
GBP/USDGBP/USD TRADING PAGE SPOTTECHNICAL SIGNIFICANCERECOMMENDATIONPOSITION2.0155(M)50% OF 2.0655 - 1.9655 Flat On A Failure LONG at 2.0000
open23/08/07time3:00amtarget2.0275stop1.99452.0130(M)Daily High, Aug 14 Flat On A Failure 2.0094(M)Daily High, Aug 23 Buy A Break 2.0061(M)Today"s Session High Expect Stalling 2.005612:20 GMT FRI 24 AUG 1.9978(M)Today"s Session Low Expect Stalling 1.9930(M)10-Day MA Expect Stalling 1.9919(M)Daily Low Aug 23 Buy A Bounce 1.9900(M)Psychological Level Expect Stalling
The market came off from 2.0094 (Thursday"s high), breaking back below 2.0000, to find support at 1.9978 (today"s session low). 1.9930 (the 10-day moving average) underpins, this keeps the overall bias on the upside. The earlier 2.0058 session high has marginally been breached, 2.0061 is the new high. expect gains towards 2.0094 initially.
end
var fdData='[2.0056] 12:20 GMT FRI 24 AUG'//
20 traders viewing now