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

  • #47,261
  • Nov 2, 2007 3:28pm Nov 2, 2007 3:28pm
What do you feel is the best way to get back into a trade, or, to enter a trade after it already made its first move? Recommendations please

THANKS!!!!
  • #47,262
  • Nov 2, 2007 3:30pm Nov 2, 2007 3:30pm
I made a lot of money this week but I don't feel good about it. In fact I feel really sad and feel that I failed and just got a little lucky this week. But still I tried to trade what I see and try not to rely on someone else. Entered too early on my trades and ended up scaling some. Still ended up with lots of profits with higher risk though. I'll keep on learning and do better next week. Have a great weekend to you too and to everyone.
Quoting markam
Have a great weekend everyone. If you made money this week, go celebrate.

If you lost money, you are a poor pathetic loser and deserved it.

Just kidding. Remember, every day is a new day in the forex market.
  • #47,263
  • Nov 2, 2007 3:32pm Nov 2, 2007 3:32pm
I moved my stop loss to 100 pips. Thank you for the advice.
  • #47,264
  • Nov 2, 2007 3:34pm Nov 2, 2007 3:34pm
brucehvn, I have sent u a pm
  • #47,265
  • Nov 2, 2007 4:01pm Nov 2, 2007 4:01pm
well well i had only one long real trade dis week and dat was from 235.65--242.05 d rest were short which cut maximum of 78 pips...been a very green week and am goin to d show room to celebrate a brand new car all tanks 2 great GBP..i love forex and its risk its d best game i hav eva played ova d years and i cant seem to find a better job dan dis...i wish every grEEN PIPER HERE D VERY BEST OF LUCK..n RED PIPERS keep ur eyes on d ground n learn from dose dat senior u n ur mistakes......
THE LOVE OF WAMPUM IS THE ROOT OF ALL EVILL...CIAO
Imanuel Parsifal
  • #47,266
  • Nov 2, 2007 4:27pm Nov 2, 2007 4:27pm
Quoting lepiricus
hey bro, a 20 pip stop on the geppy is like banging Paris Hilton with only one rubber on, all you are going to get out of it is a burning sensation.
OMG!!! That was terrible!!!
  • #47,267
  • Nov 2, 2007 4:28pm Nov 2, 2007 4:28pm
Quoting sycho
well well i had only one long real trade dis week and dat was from 235.65--242.05 d rest were short which cut maximum of 78 pips...been a very green week and am goin to d show room to celebrate a brand new car all tanks 2 great GBP..i love forex and its risk its d best game i hav eva played ova d years and i cant seem to find a better job dan dis...i wish every grEEN PIPER HERE D VERY BEST OF LUCK..n RED PIPERS keep ur eyes on d ground n learn from dose dat senior u n ur mistakes......
THE LOVE OF WAMPUM IS THE ROOT OF ALL EVILL...CIAO
Dude....we never got to 242.05 "Dis WEAK"
  • #47,268
  • Nov 2, 2007 4:39pm Nov 2, 2007 4:39pm
I think it was 2 weeks ago I had a stop loss set... Over the weekend it blew through it but when my broker opened on Sunday they honored my stop loss. IBFX... Not that they dont tick me off in other areas... Ive had my stop loss blown through with them before on a normal trading day though so.....
  • #47,269
  • Nov 2, 2007 4:46pm Nov 2, 2007 4:46pm
I have heard horror stories about IBFX too about them blowing through stop losses. This happens when the vendor has a dealer desk. They are crooks
  • #47,270
  • Nov 2, 2007 4:52pm Nov 2, 2007 4:52pm
Hi guys....

wondered if anyone has any thoughts on the Next week on GBP/JPY.....

1) Any gap ups or downs on Sunday evening?

2) Bullish early part then Bearish?

3) Bearish Early Part and continue to be Bearish?

all thoughts and predictions welcome from all experts so everyone benefits

Serendipity
  • #47,271
  • Nov 2, 2007 5:14pm Nov 2, 2007 5:14pm
Quoting Serendipity
Hi guys....

wondered if anyone has any thoughts on the Next week on GBP/JPY.....

1) Any gap ups or downs on Sunday evening?

2) Bullish early part then Bearish?

3) Bearish Early Part and continue to be Bearish?

all thoughts and predictions welcome from all experts so everyone benefits

Serendipity
I'll go for 2) Bullish early part then Bearish.
Attached Image
  • #47,272
  • Nov 2, 2007 5:20pm Nov 2, 2007 5:20pm
Quoting Serendipity
Hi guys....

wondered if anyone has any thoughts on the Next week on GBP/JPY.....

1) Any gap ups or downs on Sunday evening?

2) Bullish early part then Bearish?

3) Bearish Early Part and continue to be Bearish?

all thoughts and predictions welcome from all experts so everyone benefits

Serendipity
Here is what I see .. please don't trade it blindly and I also have no positions open at the moment .. analysis just purely based on market sentiment and price point.
The pair would go up a bit more .. just a bit more and would not go greater than previous high around @240.30ish then it would drop down to around @237.50ish area. I hope it is right as am likely gonna trade it too next week if nothing spectacular happens in the week-end that might change the course. This is just my own prediction/speculation, I can surely be wrong. http://www.forexfactory.com/images/icons/icon10.gif

Cheers and good week-end every one.
  • #47,273
  • Nov 2, 2007 5:37pm Nov 2, 2007 5:37pm
Quoting uncleforex
I just trade what I see. And from the price movement. I don't post charts cause mostly my charts are naked. And I don't have time to do so. Market moving fast.

Normally I will check the H1 and H4 charts for the trend.

However I could be wrong , that is why if this g/j went down badly then my SL will be there to save me.

Closed my g/j longs since 238.80 @ 240.00 for +120pips.

Enough for the week.

Cheers.
Good for you!
I like your honesty! and I like your conviction!
I think that you can have every indicator, signal, fundamental reason for the market to go a certain direction but still be wrong. But when you just know it in your gut, you just know it. That is trading!
Have a good weekend.
Donagh
The more I wait the more I make
  • #47,274
  • Nov 2, 2007 6:03pm Nov 2, 2007 6:03pm
Quoting Serendipity
Hi guys....

wondered if anyone has any thoughts on the Next week on GBP/JPY.....

1) Any gap ups or downs on Sunday evening?

2) Bullish early part then Bearish?

3) Bearish Early Part and continue to be Bearish?

all thoughts and predictions welcome from all experts so everyone benefits

Serendipity
I SEE DE MARKET MAKING A DIVE UPWARDS BY AT LEAST 50-80PIPS B/4 ANY OF D MUCH AWAITED TSUNAMI,LETS HOPE D US FEDS DONT GIVE US ANY MORE SURPRICE MONEY INFLOW...WISH U ALL LUCK NEXT WEEK
Imanuel Parsifal
  • #47,275
  • Nov 2, 2007 6:06pm Nov 2, 2007 6:06pm
Quoting donagh_1
Good for you!
I like your honesty! and I like your conviction!
I think that you can have every indicator, signal, fundamental reason for the market to go a certain direction but still be wrong. But when you just know it in your gut, you just know it. That is trading!
Have a good weekend.
Donagh
WEN IT COMS TO G/J UR GUTS SHULD BE UR LAST POINT OF DEFENCE..
Imanuel Parsifal
  • #47,276
  • Nov 2, 2007 6:11pm Nov 2, 2007 6:11pm
Quoting sycho
well well i had only one long real trade dis week and dat was from 235.65--242.05 d rest were short which cut maximum of 78 pips...been a very green week and am goin to d show room to celebrate a brand new car all tanks 2 great GBP..i love forex and its risk its d best game i hav eva played ova d years and i cant seem to find a better job dan dis...i wish every grEEN PIPER HERE D VERY BEST OF LUCK..n RED PIPERS keep ur eyes on d ground n learn from dose dat senior u n ur mistakes......
THE LOVE OF WAMPUM IS THE ROOT OF ALL EVILL...CIAO
SORRY I GUT SOME NUMBER PROBLEM CHECK FROM MY PREVIOUS POST..235.65--240.50 HOPE U GUYZ UNDASTAND
Imanuel Parsifal
  • #47,277
  • Nov 2, 2007 6:15pm Nov 2, 2007 6:15pm
Quoting mktjong
Here is what I see .. please don't trade it blindly and I also have no positions open at the moment .. analysis just purely based on market sentiment and price point.
The pair would go up a bit more .. just a bit more and would not go greater than previous high around @240.30ish then it would drop down to around @237.50ish area. I hope it is right as am likely gonna trade it too next week if nothing spectacular happens in the week-end that might change the course. This is just my own prediction/speculation, I can surely be wrong. http://www.forexfactory.com/images/icons/icon10.gif

Cheers and good week-end every one.
am wit u bro..do not leaving any thing open for d weekend..i believe pause means stop..how is AUS,MARKAM N HARKUNA MARTATA doin tuday..havnt heard a word from dem
Imanuel Parsifal
  • #47,278
  • Nov 2, 2007 6:24pm Nov 2, 2007 6:24pm
Hi everybody,

Just discover the thread ........ more than 3000 pages and 47000 posts !!!!

Wow !!! Does somebody can direct me where I can find the rules for this method and indics you are using on MT4. I'm sure it's somewhere, but can't find it without a little help.

Thanks.

AL
AL
  • #47,279
  • Nov 2, 2007 6:41pm Nov 2, 2007 6:41pm
Quoting Sailingalbob
Hi everybody,

Just discover the thread ........ more than 3000 pages and 47000 posts !!!!

Wow !!! Does somebody can direct me where I can find the rules for this method and indics you are using on MT4. I'm sure it's somewhere, but can't find it without a little help.

Thanks.

AL
try checking here and welcome abord..i am pasil.hope u enjoy ur stay and more grace to b reenpips comin ur way
Imanuel Parsifal
  • #47,280
  • Nov 2, 2007 7:55pm Nov 2, 2007 7:55pm
Quoting Sailingalbob
Hi everybody,

Just discover the thread ........ more than 3000 pages and 47000 posts !!!!

Wow !!! Does somebody can direct me where I can find the rules for this method and indics you are using on MT4. I'm sure it's somewhere, but can't find it without a little help.

Thanks.

AL
Hi Al,

Give this thread a try. Read the whole thing and you'll learn the 15min chart strategy and find all the MT4 indicators you need. You can ask questions on the same thread, and you'll also find a summary document of the strategy in the later pages.

http://www.forexfactory.com/showthread.php?t=45076

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