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

  • #26,921
  • Sep 14, 2007 2:21am Sep 14, 2007 2:21am
JPY crosses in for a little drop soon
  • #26,922
  • Sep 14, 2007 2:22am Sep 14, 2007 2:22am
Well aus I was with you all the way. Everything looked long at 2.00 edt but I think the bears are starting to eat us



Spent1
  • #26,923
  • Sep 14, 2007 2:22am Sep 14, 2007 2:22am
Quoting PipChick
Exit plan....usd/jpy breaks 114.80 I will exit the g/j long trade.
Just a couple of minutes my dear
Trade what you see, not what you think.
  • #26,924
  • Sep 14, 2007 2:23am Sep 14, 2007 2:23am
Quoting karmostaji
2% per trade
%

just to be sure. u mean you trade with 2 % and then if ever you lose you lose 2%. is that right.i went short on my demo at 231.88 using ur system, really profitable system.thanks
  • #26,925
  • Sep 14, 2007 2:23am Sep 14, 2007 2:23am

Nice - the bears apparently woke up!!!

  • #26,926
  • Sep 14, 2007 2:23am Sep 14, 2007 2:23am
The latest on GBP as of 4:58 am EDT

http://www.cnbc.com/id/20769312/site/14081545
  • #26,927
  • Sep 14, 2007 2:24am Sep 14, 2007 2:24am
Quoting ephisi
%

just to be sure. u mean you trade with 2 % and then if ever you lose you lose 2%. is that right.i went short on my demo at 231.88 using ur system, really profitable system.thanks
That is correct

Money Management is very important, everybody should master it otherwise they'll blow up their account in the long-run
Trade what you see, not what you think.
  • #26,928
  • Sep 14, 2007 2:28am Sep 14, 2007 2:28am
if repeated, this could hit 235.25

but it needs to hold 231.18 , even better not below 231.47





Quoting PipChick
Long at 231.68
  • #26,929
  • Sep 14, 2007 2:32am Sep 14, 2007 2:32am
Quoting Val144
When u put order it must be with stoploss. If stoploss will be hit u must lose no more then 2% from u account.
The sum that u can lose if all stoplosses for alive orders was taken must be less then 6% from u account.
After second loosing trade trading day should be over for u.

According turtle rules:
- If u start with 1000 units and win for the first month 150 units u account become 1150 units for the second month calculation.
- If u start with 1000 units and lose for the first month 105 units u account become
800 units for the second month calculation.
U should decrease u account size for risk calculation with 20% for each 10% lose.

GL


thanks, i saw these some where. so i have to practice every thing i read from now on.thanks
  • #26,930
  • Sep 14, 2007 2:34am Sep 14, 2007 2:34am
OK guys.. I'm out with the shorts.. No directions.. ranging.. I will go long if 15min QQE cross back upwards.. Until then I'm out
  • #26,931
  • Sep 14, 2007 2:36am Sep 14, 2007 2:36am
better book some profits here if youre long
  • #26,932
  • Sep 14, 2007 2:41am Sep 14, 2007 2:41am
Quoting Hakuna Matata
short 231.90
out of shorts at b/e
effin thing goes down and then come home and seeing it back at entry level
wiat for the nxt signal
  • #26,933
  • Sep 14, 2007 2:45am Sep 14, 2007 2:45am
Quoting Hakuna Matata
out of shorts at b/e
effin thing goes down and then come home and seeing it back at entry level
wiat for the nxt signal
price bounced off 50ema 5m
Trade what you see, not what you think.
  • #26,934
  • Sep 14, 2007 2:46am Sep 14, 2007 2:46am
still favouring shorts as to waht i see on charts
  • #26,935
  • Sep 14, 2007 2:46am Sep 14, 2007 2:46am
Quoting PipChick
better book some profits here if youre long
if 03 cant hold in the next mion or two I will take the rest off and re enter around 60 again.
  • #26,936
  • Sep 14, 2007 2:48am Sep 14, 2007 2:48am
60 ma on 5 min chart i.e 232.10 acting as resistance, a clean break of 231.45 , will signal the way for 230.50 level and then 229
  • #26,937
  • Sep 14, 2007 2:48am Sep 14, 2007 2:48am
Looks like it's going to be a typical Friday trading day.....ranging
  • #26,938
  • Sep 14, 2007 2:51am Sep 14, 2007 2:51am
Quoting Zoran
Looks like it's going to be a typical Friday trading day.....ranging
ranging or trending--we fight for the PIPS
nuthin will stop us
  • #26,939
  • Sep 14, 2007 2:51am Sep 14, 2007 2:51am
Quoting Zoran
Looks like it's going to be a typical Friday trading day.....ranging
Ranging is good
  • #26,940
  • Sep 14, 2007 2:58am Sep 14, 2007 2:58am
Quoting PipChick
Ranging is good
I prefer trending days, it means I don't have to be around my desk so much. Ranging is more work.
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