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

  • #45,081
  • Oct 26, 2007 10:00am Oct 26, 2007 10:00am
Quoting markam
That would be nice. No, I watch the news, track treasury note prices (which are way up right now), follow rumors and basically try to gauge market sentiment. I put it all together to determine if I feel strongly about what the market direction will be and trade accordingly.

My account is up 50% this week, so I guess it works. I doubled it last week.
After thinking about this post, I thought I should point out that you should never try to achieve these returns. I use proper money management, and I basically got lucky with some big wins that never threatened my drawdown limit. As much as I would like to get these returns every week, I expect I would blow my account if I traded trying to make it happen.
  • #45,082
  • Oct 26, 2007 10:00am Oct 26, 2007 10:00am
Quoting markam
you can check treasury prices and yields here.

http://www.bloomberg.com/markets/rates/index.html

prices have done a complete reversal since I posted earlier, and are now negative. It looks like people moved into treasury notes thinking the stock market might turn south, and have now moved out of them.
Thanks again bro!This is all the stuff i need
  • #45,083
  • Oct 26, 2007 10:00am Oct 26, 2007 10:00am
Quoting mypip
bro...i think we should say thank you and appreciated to turn1to100.. b'coz of him this thread hit 3K ..and am really sure if he every minute sending his post ...he will become 1K senior member...next week or maybe 3K!!
The purpose of this thread is not to see how big/long it can get. And I personally don't give a rat's rear end about who gets 1kt status or not. You don't get there by the number of posts you make anyway. You get there by having other traders who have attained that level vouch for you. This guy hasn't said much that is helpful yet. If you want to read something long, go to your library and check out 'War and Peace'. This thread is for the sharing of ideas. t1t has shared next to nothing by way of ideas. Please don't come in here and defend nonsense. And please don't start sending the posts about everybody being nice and getting along and being tolerant. This isn't the Dr. Phil thread. This guy has done nothing but clog up pages with drivel. I don't want to put him on ignore because I keep thinking he is going to explain his 'strategy' any time now, but now I am beginning to wonder if there is a strategy he uses that is explainable. The only reason Aus hasn't clamped down on him more is because Aus is relaxing on vacation. When I see some charts being posted by t1t showing what he's talking about, then I'll cut him some slack. I really am a very tolereant person, but my tolerance for this kind of flatulence is wearing thin.

M2B
  • #45,084
  • Oct 26, 2007 10:08am Oct 26, 2007 10:08am
Quoting my2buoys
The purpose of this thread is not to see how big/long it can get. And I personally don't give a rat's rear end about who gets 1kt status or not. You don't get there by the number of posts you make anyway. You get there by having other traders who have attained that level vouch for you. This guy hasn't said much that is helpful yet. If you want to read something long, go to your library and check out 'War and Peace'. This thread is for the sharing of ideas. t1t has shared next to nothing by way of ideas. Please don't come in here and defend nonsense. And please don't start sending the posts about everybody being nice and getting along and being tolerant. This isn't the Dr. Phil thread. This guy has done nothing but clog up pages with drivel. I don't want to put him on ignore because I keep thinking he is going to explain his 'strategy' any time now, but now I am beginning to wonder if there is a strategy he uses that is explainable. The only reason Aus hasn't clamped down on him more is because Aus is relaxing on vacation. When I see some charts being posted by t1t showing what he's talking about, then I'll cut him some slack. I really am a very tolereant person, but my tolerance for this kind of flatulence is wearing thin.

M2B
I can't decide if he is a non-english speaker, 15 years old, insane, or a troll. I think he just isn't putting the effort into explaining himself clearly, but at this point it isn't worth trying to understand what he means.
  • #45,085
  • Oct 26, 2007 10:16am Oct 26, 2007 10:16am
OK LOOK AT THIS GUYS CHART the second candle is a sore THUMB pointing down(like sum of the people here,anyway)this is the sign for reversal and look at theMOM for his time frame short term buyMOM WAS UNDER 50line look at market NOW from when he posted this at 234,11 he get $ for a little LONG pips ....LOOK AT ALL THESE SORE THUMBS...please take notes if they were taken you will start to catch ON ..PSSS ONLY VALID SORE THUMBS ON READ CANDLES some of my theory....
Quoting Lemonjam
Hi guys pls help me identify if this is a Head and Shoulders pattern. Also if I put the fibo correctly. I tried to treat this as a Head and shoulders so I put lines at the neckline and another line(dotted) parallel to it below. Seems that it bounced there or at the fibo I dunno which. Thank you.

http://img505.imageshack.us/img505/3603/woa2py2.gif
  • #45,086
  • Oct 26, 2007 10:19am Oct 26, 2007 10:19am
Quoting markam
I can't decide if he is a non-english speaker, 15 years old, insane, or a troll. I think he just isn't putting the effort into explaining himself clearly, but at this point it isn't worth trying to understand what he means.
Well, bro, I really have been giving him the benefit of the doubt for the last couple of days, as should be understand by the silence of myself and other senior traders on this thread. But I can't handle people who keep promising to share info that never materializes, and he is taking up a lot of space here. I have placed a number of ding dongs on ignore but I really want to hear what this guy has to say if he has something he is ABLE to share. I know some of the noobs are enthralled with him because of his flamboyance and forwardness. I'm not here to debunk anybody. I am here to learn and share what I have learned from others. It's never popular to be the one who finally blurts out, "The king isn't wearing any clothes", but someone has to do it from time to time. Enough of this guy for now.

M2B

PS- Hey, bro, great job these past two weeks on your trading. I hope to be as good as you eventually, seriously. I'm slowly working my way there pip by pip.
  • #45,087
  • Oct 26, 2007 10:21am Oct 26, 2007 10:21am
I can't decide if he is a non-english speaker, 15 years old, insane, or a troll.

Humble Lifetime Member
  • #45,088
  • Oct 26, 2007 10:26am Oct 26, 2007 10:26am
OK LOOK AT THIS GUYS CHART the second candle is a sore THUMB pointing down(like sum of the people here,anyway)

You know, I am beginning to think (through deduction of the llisting of companions that you asscociate with) that are on your that you are part of the old group who tried to destroy this thread in the beginning.
Humble Lifetime Member
  • #45,089
  • Oct 26, 2007 10:27am Oct 26, 2007 10:27am
234.11 is a strong FIB level it has been hit 3 times weaking it...I should not have to post chart yall no how to draw fib lines..No offense.If I POSTED charts there would be like200pages of me hogin all the space
  • #45,090
  • Oct 26, 2007 10:29am Oct 26, 2007 10:29am
I didn't buy at 234.11. I closed my short near that price and I entered short again after a little retracement. Look at the candle now it went under the line but I'm not sure if it will close below it. I'll still watch the price action and exit when I see that it's going to reverse.

Quoting turn1to100
OK LOOK AT THIS GUYS CHART the second candle is a sore THUMB pointing down(like sum of the people here,anyway)this is the sign for reversal and look at theMOM for his time frame short term buyMOM WAS UNDER 50line look at market NOW from when he posted this at 234,11 he get $ for a little LONG pips ....LOOK AT ALL THESE SORE THUMBS...please take notes if they were taken you will start to catch ON ..PSSS ONLY VALID SORE THUMBS ON READ CANDLES some of my theory....
  • #45,091
  • Oct 26, 2007 10:29am Oct 26, 2007 10:29am
Turs1to100 call has been right on for those who can understand him.
albeit its real hard to

hey Turn1to100 maybe you should start your own journal, . instead of posting all your calls in here. it would be easier to keep track for you.
  • #45,092
  • Oct 26, 2007 10:31am Oct 26, 2007 10:31am
UJ is about to break below 114 again. I think sub 113 is in the cards. The weakness of the dollar is finally affecting even the yen.

Pretty soon the only countries currency the dollar is going to be strong against is going to be Zimbabwes.
  • #45,093
  • Oct 26, 2007 10:31am Oct 26, 2007 10:31am
Quoting turn1to100
OK LOOK AT THIS GUYS CHART the second candle is a sore THUMB pointing down(like sum of the people here,anyway)this is the sign for reversal and look at theMOM for his time frame short term buyMOM WAS UNDER 50line look at market NOW from when he posted this at 234,11 he get $ for a little LONG pips ....LOOK AT ALL THESE SORE THUMBS...please take notes if they were taken you will start to catch ON ..PSSS ONLY VALID SORE THUMBS ON READ CANDLES some of my theory....

Two suggestions that might make your posts more understandable to all who regularly visit Ausīs room......

1. Download MT4 from any of the dozens of brokers who offer free demos. That way you will easily be able to post charts.

2. Visit one of the many sites on Candlestick Charting and print off a list of the basic patterns...that way we will have a better idea about your sore thumb......and have an insight as to where to stick it......chartwise of course.
Trading Levels with WRBs
  • #45,094
  • Oct 26, 2007 10:33am Oct 26, 2007 10:33am
Quoting Ash
OK LOOK AT THIS GUYS CHART the second candle is a sore THUMB pointing down(like sum of the people here,anyway)

You know, I am beginning to think (through deduction of the llisting of companions that you asscociate with) that are on your that you are part of the old group who tried to destroy this thread in the beginning.
Look, Ash, I understand where you are coming from, but I'm really not trying to gang-pile t1t. It's too easy to incite a crowd to anger. My point is simply, if someone has something to say then say it. It's not proper to lead people on. I don't want to see people trashing this guy in the thread. I simply want him to post what he knows or stop posting.

M2B
  • #45,095
  • Oct 26, 2007 10:37am Oct 26, 2007 10:37am
Cool thanks yall.I will i promise to have it together by monday I just move real fast during the week with trades..13trades so far today. I will try meta4.chartin
Quoting Islander
Two suggestions that might make your posts more understandable to all who regularly visit Ausīs room......

1. Download MT4 from any of the dozens of brokers who offer free demos. That way you will easily be able to post charts.

2. Visit one of the many sites on Candlestick Charting and print off a list of the basic patterns...that way we will have a better idea about your sore thumb......and have an insight as to where to stick it......chartwise of course.
  • #45,096
  • Oct 26, 2007 10:37am Oct 26, 2007 10:37am
possible bounce off the hourly 100 sma?
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #45,097
  • Oct 26, 2007 10:38am Oct 26, 2007 10:38am
Quoting markam
UJ is about to break below 114 again. I think sub 113 is in the cards. The weakness of the dollar is finally affecting even the yen.

Pretty soon the only countries currency the dollar is going to be strong against is going to be Zimbabwes.
  • #45,098
  • Oct 26, 2007 10:38am Oct 26, 2007 10:38am
Quoting turn1to100
Cool thanks yall.I will i promise to have it together by monday I just move real fast during the week with trades..13trades so far today. I will try meta4.chartin
Just out of curiousity, how old are you?
  • #45,099
  • Oct 26, 2007 10:41am Oct 26, 2007 10:41am
uhhh.I dont understand what you mean .
Quoting Ash
OK LOOK AT THIS GUYS CHART the second candle is a sore THUMB pointing down(like sum of the people here,anyway)

You know, I am beginning to think (through deduction of the llisting of companions that you asscociate with) that are on your that you are part of the old group who tried to destroy this thread in the beginning.
  • #45,100
  • Oct 26, 2007 10:42am Oct 26, 2007 10:42am
When the bear is rested and well fed, those fib line collapse under the pure weight.
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