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

  • #22,261
  • Sep 6, 2007 12:58am Sep 6, 2007 12:58am
I can hear LionKing (Hakuna Matata) screaming right now and saying go down you damn B... damn damn damn lol

calm down, you will buy your car no worries
Trade what you see, not what you think.
  • #22,262
  • Sep 6, 2007 1:00am Sep 6, 2007 1:00am
Quoting Hakuna Matata
bro--mt4 fxdd candle closes in 3.75hrs still
it better close below that

i just want to see where this candle closes in 15 min on 4hr--like i pointed out in the chart---50ema is at 232.83/85---would that be a coincidence---creepy !

OMG--it closed right at 232.84---creeeeeepy
  • #22,263
  • Sep 6, 2007 1:01am Sep 6, 2007 1:01am
Quoting Hakuna Matata
OMG--it closed right at 232.84---creeeeeepy
It will go down, just be patient

I'm off to univ, later
Trade what you see, not what you think.
  • #22,264
  • Sep 6, 2007 1:01am Sep 6, 2007 1:01am
Quoting karmostaji
I can hear LionKing (Hakuna Matata) screaming right now and saying go down you damn B... damn damn damn lol

calm down, you will buy your car no worries
hahahha

Karmo--it closed right at 50ema on that mt4 chart--what the hell?? manipulation for sure
what were the chances?
  • #22,265
  • Sep 6, 2007 1:02am Sep 6, 2007 1:02am
Quoting karmostaji
auslanco is not going anywhere, we are going to chain him here and he is going to be with us forever

If you leave auslanco, we'll come to Australia and get you buddy LOL

jk
I'm looking at flight tickets now.
  • #22,266
  • Sep 6, 2007 1:03am Sep 6, 2007 1:03am
DAMN
Attached Image (click to enlarge)
Click to Enlarge Name: gj3.gif Size: 39 KB
  • #22,267
  • Sep 6, 2007 1:03am Sep 6, 2007 1:03am
Quoting rodders
I'm looking at flight tickets now.

One word . . . CHARTER!
  • #22,268
  • Sep 6, 2007 1:07am Sep 6, 2007 1:07am
Quoting Pips_Cruiser
So if you're using CMS like I do, it's the equivalent of a statistical sampling (more or less).

Ron
More or less, yes, not quite statistical sampling since it is a sample of retailed traders who like VT platform. And it is not random sampling . BR
  • #22,269
  • Sep 6, 2007 1:08am Sep 6, 2007 1:08am
That sounds good to me!! :-)


I hope you stay too of course!! You've been awesome as well.


Frank


Quoting karmostaji
auslanco is not going anywhere, we are going to chain him here and he is going to be with us forever

If you leave auslanco, we'll come to Australia and get you buddy LOL

jk
  • #22,270
  • Sep 6, 2007 1:10am Sep 6, 2007 1:10am
Karmo

how far are you looking for it to go down

(Or does anyone else know how far he's looking for it to drop)
  • #22,271
  • Sep 6, 2007 1:14am Sep 6, 2007 1:14am
Quoting frank99
There are definately more strategies with options, so there are possibilities. One way is to sell premium (vertical credit spreads), and take advantage of time decay, but it does require monitoring and some hedging if things don't go your way.

You're doing so awesome with what you're doing here, I'd hate to see you leave! I feel like I finally have a chance at this with your help.


Frank
Bro.. This is just an outline of a hedging strategy... I like to do more research and testing on this.
When we get a 4hr QQE and 1hr QQE cross we go for TP 300 pips and SL 100 pips. Then we hedge the 100 pip loss with a intraday expiry bet with Bet-on-markets. what do you think??
  • #22,272
  • Sep 6, 2007 1:16am Sep 6, 2007 1:16am
What do you mean by bet-on-markets? I'm not familar with that term, but I probably know the mechanism. I've only personally traded equities and forex options, and spot forex primarily.


Frank


Quoting auslanco
Bro.. This is just an outline of a hedging strategy... I like to do more research and testing on this.
When we get a 4hr QQE and 1hr QQE cross we go for TP 300 pips and SL 100 pips. Then we hedge the 100 pip loss with a intraday expiry bet with Bet-on-markets. what do you think??
  • #22,273
  • Sep 6, 2007 1:18am Sep 6, 2007 1:18am
Quoting frank99
What do you mean by bet-on-markets? I'm not familar with that term, but I probably know the mechanism. I've only personally traded equities and forex options, and spot forex primarily.


Frank
Betonmarkets.com It's a currency betting broker. Very similar to options.
  • #22,274
  • Sep 6, 2007 1:21am Sep 6, 2007 1:21am
Wow! This definately has potential. I've never heard of them, but that's pretty cool.

I am definately very interested in your strategy and would love to test it with you if possible.

I'm bookmarking this page, and I'll read it on my lunch hour tomorrow.

I have to go to sleep now since I have to be up in 5 hours for work.

I have closed my positions for now since there's a small chance of a surprise tonight.


Frank


Quoting auslanco
Betonmarkets.com It's a currency betting broker. Very similar to options.
  • #22,275
  • Sep 6, 2007 1:36am Sep 6, 2007 1:36am
Quoting frank99
Wow! This definately has potential. I've never heard of them, but that's pretty cool.


Frank
Sure Frank. hope to see you tom.
The thread is gone quite suddenly.. I'm sure everyone is checking the Betonmarkets site now
  • #22,276
  • Sep 6, 2007 1:38am Sep 6, 2007 1:38am
Quoting auslanco
Sure Frank. hope to see you tom.
The thread is gone quite suddenly.. I'm sure everyone is checking the Betonmarkets site now

yes, took a quick look and will study furthr. right now trying to figure out whether to close out hedge position.
Trade what you see, not what you think.
  • #22,277
  • Sep 6, 2007 1:39am Sep 6, 2007 1:39am
Quoting auslanco
Sure Frank. hope to see you tom.
The thread is gone quite suddenly.. I'm sure everyone is checking the Betonmarkets site now
More like the price action is the cure for insomnia. I bet many of us have falled asleep.
  • #22,278
  • Sep 6, 2007 1:42am Sep 6, 2007 1:42am
Quoting maestr2
yes, took a quick look and will study furthr. right now trying to figure out whether to close out hedge position.
Which trade you want to close??? Market will range until the news or It may shoot down London open.
  • #22,279
  • Sep 6, 2007 1:53am Sep 6, 2007 1:53am
I'm looking at this BOM forums and they are terrible! It's hard to find useful information there. You might have to start your own thread there too Aus. Then everyone would come see you over there!

Brandon
  • #22,280
  • Sep 6, 2007 2:03am Sep 6, 2007 2:03am
Quoting auslanco
Which trade you want to close??? Market will range until the news or It may shoot down London open.

sorry for delay in replying, computer locked up on me. I did a really stupid thing in that i placed shorts on ej and gj in what i thought was my demo account, practicing some things. Went to do other things and when i checked to see how it was going, realized the trades were on real account. I placed equivalent longs on both to stop the bleeding.
i now have 2 minis short on gj and 2.5 shorts on ej and corresponding buys. Trying to decide whether to close longs, lesser pain here, or ride out either of a move up or down, then close and keep hedging as my losses get smaller.
or just keep the hedge and make other trades and use profits to close portions of hedge.
just stupidity on my part.
Trade what you see, not what you think.
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