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

  • #77,981
  • May 2, 2008 10:19am May 2, 2008 10:19am
lol that pic really look like my account... washed up/flushed out.
loss 100k in Forex, up 1k, still have 99% to go!!
  • #77,982
  • May 2, 2008 10:19am May 2, 2008 10:19am
sorry to hear that

were u long?


Quoting evilglory
hi guys,

blown my first account on this pair, zzzzz ..... learnt a lesson, don't trade on handphone.
  • #77,983
  • May 2, 2008 10:20am May 2, 2008 10:20am
Quoting evilglory
hi guys,

blown my first account on this pair, zzzzz ..... learnt a lesson, don't trade on handphone.
really ??
Discipline + Patience - Fear - Greed = Success
  • #77,984
  • May 2, 2008 10:21am May 2, 2008 10:21am
4 BULL CAMP
Attached Image
  • #77,985
  • May 2, 2008 10:22am May 2, 2008 10:22am
There was also some 'minor' Bearish Divergence on the 4H on the last bar close.

I'd assume 206.3 area and if breaks that and closes below the 4H Gann, we'll see 203, 202.56

Have a great weekend all.

Lots of pips to you.
  • #77,986
  • May 2, 2008 10:24am May 2, 2008 10:24am
UJ might be giving this pair a bit of trouble
  • #77,987
  • May 2, 2008 10:24am May 2, 2008 10:24am
Quoting Jerry
closed short from 207.89 -70p
f***** frustrated that i closed it
hope to see on monday price @ 208.50 for short.. probably we ll go for test to 209

iam -46pp on this week lol it was very good week for my technic but i didnt enter on monday and wednsday
  • #77,988
  • May 2, 2008 10:27am May 2, 2008 10:27am
was trying to long at 208ish with a sl of 50 pips, keep gettting rejected massages, so just stay out. when i got home, got a margin force close pop up. found out i got 6 positions with no sl at 209!!! so flat now :
loss 100k in Forex, up 1k, still have 99% to go!!
  • #77,989
  • May 2, 2008 10:31am May 2, 2008 10:31am
Quoting Jerry
f***** frustrated that i closed it
Do you follow any indicator or something Jerry? I mean I don't know how do you trade but if you follow a simple indicator like rsi, macd or whatever you like, these things might not happen. Your losses will be limited to 30 - 40 pips most.

BTW don't worry mate, -70 pips or so is not something to signify with this pair. You will get it back in your next position ...
Discipline + Patience - Fear - Greed = Success
  • #77,990
  • May 2, 2008 10:35am May 2, 2008 10:35am
I would only look to buy dips on this pair based on price action I am seeing. I see this going to 210 early next week. Trade what you see. It may go back down to 204-205 area first but right now I would not short this pair.GU is a much safer short and I have been playing it all week. The yen broke significant resistance also dow. US dollar sentiment seems to be on the side of the bulls for now, so why fight it.

A naked chart.......

Bless
Attached Image (click to enlarge)
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Patience + Discipline - Greed = Success
  • #77,991
  • May 2, 2008 10:39am May 2, 2008 10:39am
Quoting lilmoe
if this 30 min candle closes below 207.35 i'm adding another short
we need to breake 207.48 to go 206 area
  • #77,992
  • May 2, 2008 10:40am May 2, 2008 10:40am
Quoting Jerry
f***** frustrated that i closed it
hope to see on monday price @ 208.50 for short.. probably we ll go for test to 209

iam -46pp on this week lol it was very good week for my technic but i didnt enter on monday and wednsday

If want to short...you still have the opp before market close.
  • #77,993
  • May 2, 2008 10:41am May 2, 2008 10:41am
Quoting khaled22
we need to breake 207.48 to go 206 area

mine ...show 207.40 ...the
  • #77,994
  • May 2, 2008 10:42am May 2, 2008 10:42am
Quoting arezab
Do you follow any indicator or something Jerry? I mean I don't know how do you trade but if you follow a simple indicator like rsi, macd or whatever you like, these things might not happen. Your losses will be limited to 30 - 40 pips most.

BTW don't worry mate, -70 pips or so is not something to signify with this pair. You will get it back in your next position ...
i dont care about this -70 im worring that i did lot of mistakes on this work
  • #77,995
  • May 2, 2008 10:42am May 2, 2008 10:42am
Quoting evilglory
lol that pic really look like my account... washed up/flushed out.
If you are just learning, don't start with the beast, she will seduce you, then f#*k you, make you feel you are king then take your account.

Bless
Attached Image
Patience + Discipline - Greed = Success
  • #77,996
  • May 2, 2008 10:44am May 2, 2008 10:44am
Quoting PandoraBox
If want to short...you still have the opp before market close.
no thx , im trading from top to bottom
  • #77,997
  • May 2, 2008 10:45am May 2, 2008 10:45am
Quoting Infinity
I would only look to buy dips on this pair based on price action I am seeing. I see this going to 210 early next week. Trade what you see. It may go back down to 204-205 area first but right now I would not short this pair.GU is a much safer short and I have been playing it all week. The yen broke significant resistance also dow. US dollar sentiment seems to be on the side of the bulls for now, so why fight it.

A naked chart.......

Bless
I guess noone wants to believe a trend change has happened
"Millionaires don't use astrology, billionaires do"
  • #77,998
  • May 2, 2008 10:47am May 2, 2008 10:47am
Quoting PandoraBox
If want to short...you still have the opp before market close.
on monday im hoping to see 208.20-208.50
p.s thx for recomendation but i trade what i see on my chart..
  • #77,999
  • May 2, 2008 10:48am May 2, 2008 10:48am
Quoting OrionsWay
I guess noone wants to believe a trend change has happened
Maybe it takes going long against the dollar for a month, and watching your money slowly disappear.
  • #78,000
  • May 2, 2008 10:50am May 2, 2008 10:50am
Quoting Infinity
If you are just learning, don't start with the beast, she will seduce you, then f#*k you, make you feel you are king then take your account.

Bless

thanks for the advice. made alot of mistake, cos alot of red statement in my account logs. try to learn from the mistake and following this thread closely. later top up abit and i'm good to go again.
loss 100k in Forex, up 1k, still have 99% to go!!
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