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

  • #111,301
  • Sep 7, 2008 7:48pm Sep 7, 2008 7:48pm
Quoting lilmoe

the question is did anyone take the OR breakout of tokyo session ?

that was nice 140 pip trade and climbing
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  • #111,302
  • Sep 7, 2008 7:52pm Sep 7, 2008 7:52pm
Quoting malcolmb14
the goal on the open rnage breakout is to make 30 - 50 pips per session = 120 to 150 per day ,,,,,,

one can do this day in day out with patience

tonights open range can be set using London , not Frankfurt open

Can someone point me to the post where this OPEN RANGE BREAKOUT system is explained... THX
  • #111,303
  • Sep 7, 2008 8:01pm Sep 7, 2008 8:01pm
Quoting pipmonger
Can someone point me to the post where this OPEN RANGE BREAKOUT system is explained... THX
http://www.forexfactory.com/showthre...22#post2205322

it is that simple .. for tokyo plot high and low of 1st 30 min ... go short on break down , long on break out .. that is how simple trading can be

as seen tonight ... 140 pips simple
Blogging daily now at www.volume.zone
  • #111,304
  • Sep 7, 2008 8:01pm Sep 7, 2008 8:01pm
Quoting Monk
Can you post a chart of this?
well, u should have the setup.. but here it is again.


Attached Image (click to enlarge)
Click to Enlarge Name: gj_weekly.gif Size: 21 KB
  • #111,305
  • Sep 7, 2008 8:02pm Sep 7, 2008 8:02pm
Quoting malcolmb14
the question is did anyone take the OR breakout of tokyo session ?

that was nice 140 pip trade and climbing
well i did go long for a scalp, but not for 140 pips
  • #111,306
  • Sep 7, 2008 8:02pm Sep 7, 2008 8:02pm
Guys check out S&P 500 Futures that thing is up 36.20!! usually means a strong a very strong DOW open tomorrow. I have not see in that high in a while. Perhaps Freddie Fennie effect but going to be a wild opening tomorrow.
  • #111,307
  • Sep 7, 2008 8:04pm Sep 7, 2008 8:04pm
not retracing from 195 .... mmmmm breakout maybe ?
Blogging daily now at www.volume.zone
  • #111,308
  • Sep 7, 2008 8:06pm Sep 7, 2008 8:06pm
Quoting malcolmb14
http://www.forexfactory.com/showthre...22#post2205322

it is that simple .. for tokyo plot high and low of 1st 30 min ... go short on break down , long on break out .. that is how simple trading can be

as seen tonight ... 140 pips simple
Im curious to know how successful this is?
  • #111,309
  • Sep 7, 2008 8:07pm Sep 7, 2008 8:07pm
Quoting lilmoe
well, u should have the setup.. but here it is again.


Attachment
Thanks
--post hoc ergo propter hoc--
  • #111,310
  • Sep 7, 2008 8:09pm Sep 7, 2008 8:09pm
malcolmb is that true for the start of any session...
Price does what price wants , I just need to be prepared.
  • #111,311
  • Sep 7, 2008 8:10pm Sep 7, 2008 8:10pm
Quoting mauf
Im curious to know how successful this is?

best thing to do is go back in time and plot on your charts .. use all of last week ......try different p[airs ... set take profit at 30 pips .... see how many time you are profitable

I have been trading stocks and futures with it for years .. and I am still here
Blogging daily now at www.volume.zone
  • #111,312
  • Sep 7, 2008 8:14pm Sep 7, 2008 8:14pm
Quoting PJkiller
malcolmb is that true for the start of any session...
yes .. the idea of the open range is that I use it for stock markets ... tokyo , london and USA , so we have three market openings per day

as forex is moved by markets ..... and markets by forex then giving the market 30 min is like reading a book

today we could tell that the open range low of 192.80 could not be broken and price spent most of its time in the upper half of the open range = bullish
Blogging daily now at www.volume.zone
  • #111,313
  • Sep 7, 2008 8:15pm Sep 7, 2008 8:15pm
195 .66 here we come
Blogging daily now at www.volume.zone
  • #111,314
  • Sep 7, 2008 8:18pm Sep 7, 2008 8:18pm
Just wanted to say... great calls you made last Friday, predicting GY's bullish move, while almost everyone else was bearish....

Quoting vinesh2
Guys check out S&P 500 Futures that thing is up 36.20!! usually means a strong a very strong DOW open tomorrow. I have not see in that high in a while. Perhaps Freddie Fennie effect but going to be a wild opening tomorrow.
Regards, Android.
  • #111,315
  • Sep 7, 2008 8:20pm Sep 7, 2008 8:20pm
Quoting PipChick
Well guys....I have been reading all of these posts for the last hour or so. I must say there have been great losses and great gains today. I feel badly for those who have lost their accts as I have been in their shoes before.I am happy for those who have gained in their accts.I must say that this mkt is very unpredictable right now and VERY risky. It is a shame that noobs are following calls blindly from well respected members on this board and possibly have lost every penny due to the UNPREDICTABLE AND VOLATILE mkt. But what I feel extremely bad about is those who are making fun of those who lost money. I see challenges being made to go one on one with others, I see inflated ego's and I see bragging, all of which constitute failure. If you want to keep your money in your pocket guys, remain humble. Trade, help others, educate and remain humble. Be REAL leaders.

Very well said my friend PipChick!
  • #111,316
  • Sep 7, 2008 8:23pm Sep 7, 2008 8:23pm
Quoting 4x_Trader
Very well said my friend PipChick!
and that goes for you to 4x trader as you are one of the worst culprits in this forums for putting others down
Blogging daily now at www.volume.zone
  • #111,317
  • Sep 7, 2008 8:27pm Sep 7, 2008 8:27pm
Quoting 4x_Trader
Very well said my friend PipChick!
i don't mean to be rude, but i think she was specifically talking about u
  • #111,318
  • Sep 7, 2008 8:28pm Sep 7, 2008 8:28pm
good luck in London closed last long at 195.55

if we break that high of 195.60 expect 197 + during london session ... my long from 187 stop is moved to +500 so i can sleep easy
Blogging daily now at www.volume.zone
  • #111,319
  • Sep 7, 2008 8:28pm Sep 7, 2008 8:28pm
Quoting malcolmb14
and that goes for you to 4x trader as you are one of the worst culprits in this forums for putting others down
he sure is.... a sorry one too
  • #111,320
  • Sep 7, 2008 8:28pm Sep 7, 2008 8:28pm
Quoting lilmoe
i don't mean to be rude, but i think she was specifically talking about u

that was very funny
Blogging daily now at www.volume.zone
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