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

  • #85,801
  • May 30, 2008 12:13am May 30, 2008 12:13am
Stop Losses are for Cowards!

stop losses more than 10 pips away, and tp's less than 1000 pips away, are for cowards.
  • #85,802
  • May 30, 2008 12:14am May 30, 2008 12:14am
Grab your skis! We may be going down hill.
  • #85,803
  • May 30, 2008 12:15am May 30, 2008 12:15am
Quoting Piters
So wait for 251 and short then, or other scenario: Short 1Lot on every 50pips

After that please post the picture here with your FX - Lambo

Hope you are all safe, Regards

hey there long time no see, how's life treating u?
  • #85,804
  • May 30, 2008 12:19am May 30, 2008 12:19am
Quoting Evilgoat
english is my 1st language and I think you spell better than me lol

I agree with you It's hard for me to to setup a long with the charts slaping in the face with bearish divergence.

P.S can you send me some of Karmo's pills this waiting is hard on the nerves
Here is a handfull of them!!!! Just don't overdoze!!!
Attached Image (click to enlarge)
Click to Enlarge Name: FlattenedRoundPills.jpg Size: 106 KB
  • #85,805
  • May 30, 2008 12:22am May 30, 2008 12:22am
Quoting LeoBond
Here is a handfull of them!!!! Just don't overdoze!!!
mmmm candy
  • #85,806
  • May 30, 2008 12:26am May 30, 2008 12:26am
Quoting lilmoe
hey there long time no see, how's life treating u?
Little bit disapp. of GY but happy. as much goes Higher, as much the fall is bigger more money.

I was busy with some other projects. I'll be back from monday. Keep Gy high as much you can. (more money is there)
  • #85,807
  • May 30, 2008 12:28am May 30, 2008 12:28am
do you think the gbp/jpy will stop ranging tonight or early next week?
  • #85,808
  • May 30, 2008 12:30am May 30, 2008 12:30am
[quote= and if things get sour Use hedge Be positive!

Stop Losses are for Cowards! (not sure of spelling - english second Language)[/quote]

Yes, I am just getting into hedging myself.... saved me a few times, and makes it a bit more worry free... " if it goes the other way then I will just hedge it" instead of worrying about getting stopped out, then price turns the other way.... Course I am still learning this stuff... its all about the strategy eh?

PS... hoping the GY drops like a rock!

Cheers!
  • #85,809
  • May 30, 2008 12:32am May 30, 2008 12:32am
Quoting Clouds
Stop Losses are for Cowards!

stop losses more than 10 pips away, and tp's less than 1000 pips away, are for cowards.
Que
  • #85,810
  • May 30, 2008 12:34am May 30, 2008 12:34am
Quoting MykeFX
Yes, I am just getting into hedging myself.... saved me a few times, and makes it a bit more worry free... " if it goes the other way then I will just hedge it" instead of worrying about getting stopped out, then price turns the other way.... Course I am still learning this stuff... its all about the strategy eh?

PS... hoping the GY drops like a rock!

Cheers!
There is absolutely zero benifit in hedging. I do not understand why people think its of benifit.
Que
  • #85,811
  • May 30, 2008 12:34am May 30, 2008 12:34am
Quoting rogerdoger
do you think the gbp/jpy will stop ranging tonight or early next week?
you've asked that same question 5 times now since May 19. The answer is ... yes.
FUBAR...
  • #85,812
  • May 30, 2008 12:37am May 30, 2008 12:37am
Ok, Lilmoe and everyone else. I decided I wanted help out community, and short GJ
  • #85,813
  • May 30, 2008 12:41am May 30, 2008 12:41am
Quoting ak4x
you've asked that same question 5 times now since May 19. The answer is ... yes.

what makes you believe that it will stop ranging other than the fact that it has been ranging for a while?
  • #85,814
  • May 30, 2008 12:42am May 30, 2008 12:42am
Quoting Clouds
Ok, Lilmoe and everyone else. I decided I wanted help out community, and short GJ

thank you lol
  • #85,815
  • May 30, 2008 12:43am May 30, 2008 12:43am
Quoting rogerdoger
do you think the gbp/jpy will stop ranging tonight or early next week?
How is this ranging?
Attached Image
  • #85,816
  • May 30, 2008 12:44am May 30, 2008 12:44am
Quoting doughboi
i use to post my reasonings back in my earlier days, usually got shunned when i did. ..soooo, dont really care to anymore, even though i should..
My trading style has evolved, very different from most, but i usually know what im doing.

I dont even visit this site as often as i used to because there didnt seem to be a point

but now and days,.. i just post random and shallow crap on what i see.:

well, there it is then. besides, we like our bs thread. thanks for stopping by tho.
FUBAR...
  • #85,817
  • May 30, 2008 1:01am May 30, 2008 1:01am
stopped out
  • #85,818
  • May 30, 2008 1:02am May 30, 2008 1:02am
its continuation of yesterday, i think
  • #85,819
  • May 30, 2008 1:04am May 30, 2008 1:04am
Bye Bye Euro
  • #85,820
  • May 30, 2008 1:05am May 30, 2008 1:05am
Quoting Clouds
its continuation of yesterday, i think
next we'll see 1.5450

it's eating sooo much..
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