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

  • #111,981
  • Sep 9, 2008 6:59pm Sep 9, 2008 6:59pm
I like Malcolm's style, dude has always been a rogue and I mean that in the best way possible. Plus he doesn't shine anyone on like a lot of folks here. Definitely one of about 10 folks not on ignore in this thread. Cheers bro.
Patience + Humility + Study = Success
  • #111,982
  • Sep 9, 2008 7:00pm Sep 9, 2008 7:00pm
Quoting DutchTrader
I like Malcolm's style, dude has always been a rogue and I mean that in the best way possible. Plus he doesn't shine anyone on like a lot of folks here. Definitely one of about 10 folks not on ignore in this thread. Cheers bro.

thanks ....
Blogging daily now at www.volume.zone
  • #111,983
  • Sep 9, 2008 7:01pm Sep 9, 2008 7:01pm
Quoting DutchTrader
I like Malcolm's style, dude has always been a rogue and I mean that in the best way possible. Plus he doesn't shine anyone on like a lot of folks here. Definitely one of about 10 folks not on ignore in this thread. Cheers bro.
I agree definately a nice addition to FF. Cheeers Malcolmb
Price does what price wants , I just need to be prepared.
  • #111,984
  • Sep 9, 2008 7:10pm Sep 9, 2008 7:10pm
got your point malcolmb ,but have you ever been in trouble with your broker due to your scalping strategy.

i know that brokers love causing troubles to scalpers, no ?
I always knew that someday I would make it big
  • #111,985
  • Sep 9, 2008 7:15pm Sep 9, 2008 7:15pm
Quoting forexer
got your point malcolmb ,but have you ever been in trouble with your broker due to your scalping strategy.

i know that brokers love causing troubles to scalpers, no ?

typically I am in for moves of 50 pips or more and in a regular market they take time , not like over the last few days.

Most of the time I only trade 4 hours per day (4am to 8am pst) and do 1 or 2 trades max

never had an issue other than creep here and there
Blogging daily now at www.volume.zone
  • #111,986
  • Sep 9, 2008 7:16pm Sep 9, 2008 7:16pm
Quoting DutchTrader
What the hell is Naatha saying?
i think - it's not a wise idea to enter the market untill the triangle pattern's breakout, and 4h momentum is pointing up, and on the daily chart fibo is 1.272 - from the previous low @192.60.
---
i was busy a little - coocking a dutch lunch for my Ashu, with a good bottle of wine, fried liver and potato.
Attached Image
  • #111,987
  • Sep 9, 2008 7:17pm Sep 9, 2008 7:17pm
Quoting forexer
got your point malcolmb ,but have you ever been in trouble with your broker due to your scalping strategy.

i know that brokers love causing troubles to scalpers, no ?
ECN's won't care how you trade.
  • #111,988
  • Sep 9, 2008 7:19pm Sep 9, 2008 7:19pm
Quoting naatha
i think - it's not a wise idea to enter the market untill the triangle pattern's breakout, and 4h momentum is pointing up, and on the daily chart fibo is 1.272 - from the previous low @192.60.
---
i was busy a little - coocking a dutch lunch for my Ashu, with a good bottle of wine, fried liver and potato.

now you tell me it is not wise to get in the market.....

In reality the volatility is awesome ... but is also dangerous ... maybe not wise to trade till things get back to normality if one swing trades and is a newbie
Blogging daily now at www.volume.zone
  • #111,989
  • Edited 7:25pm Sep 9, 2008 7:24pm | Edited 7:25pm
A clear break of 187.65 opens the way down to retest lows at 186.06. Hopefully Asian session will provide enough volume.
{Some Profound Statement goes here}
  • #111,990
  • Sep 9, 2008 7:28pm Sep 9, 2008 7:28pm
Quoting Eulogy
ECN's won't care how you trade.
hi Eulogy,

yes i know ECN type is profitable and approperiate choice for scalpers.

but don't forget that ECN can widen spreads by 50 pips in fast Market and news releases times , that can be a nightmare sometimes.
I always knew that someday I would make it big
  • #111,991
  • Sep 9, 2008 7:28pm Sep 9, 2008 7:28pm
Quoting naatha
i think - it's not a wise idea to enter the market untill the triangle pattern's breakout, and 4h momentum is pointing up, and on the daily chart fibo is 1.272 - from the previous low @192.60.
---
i was busy a little - coocking a dutch lunch for my Ashu, with a good bottle of wine, fried liver and potato.
Goodgod mon, how do you see the candles in your charts?

Took a short aus 15m entry last night @ 189.65. Hoping we'll see a new low today
  • #111,992
  • Sep 9, 2008 7:35pm Sep 9, 2008 7:35pm
On gbp/usd resistance it's broken.. if it's not a fake breakout we should have a falling rock on gbp/jpy too..
  • #111,993
  • Sep 9, 2008 7:36pm Sep 9, 2008 7:36pm
Question for the Gbp/Usd traders. Am I nuts for seeing 1.70 on the daily, after this correction towards 1.79 of course?
Patience + Humility + Study = Success
  • #111,994
  • Sep 9, 2008 7:39pm Sep 9, 2008 7:39pm
Quoting eye4spot
On gbp/usd resistance it's broken.. if it's not a fake breakout we should have a falling rock on gbp/jpy too..
On gbp/usd resistance it's broken.. ????
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  • #111,995
  • Sep 9, 2008 7:43pm Sep 9, 2008 7:43pm
Quoting DutchTrader
Question for the Gbp/Usd traders. Am I nuts for seeing 1.70 on the daily, after this correction towards 1.79 of course?
If we clear 7420 ... I dont see anything getting in the way till 7050.
  • #111,996
  • Sep 9, 2008 7:44pm Sep 9, 2008 7:44pm
Quoting DutchTrader
I like Malcolm's style, dude has always been a rogue and I mean that in the best way possible. Plus he doesn't shine anyone on like a lot of folks here. Definitely one of about 10 folks not on ignore in this thread. Cheers bro.

amen to that! here's to malcomb, and u too DT!!
  • #111,997
  • Sep 9, 2008 7:46pm Sep 9, 2008 7:46pm
Quoting DutchTrader
Question for the Gbp/Usd traders. Am I nuts for seeing 1.70 on the daily, after this correction towards 1.79 of course?

i can swear i see us going to 1.85 on my charts in a massive bullrun, but when? that's where i lag, just like rusty said.
  • #111,998
  • Sep 9, 2008 8:12pm Sep 9, 2008 8:12pm
Quoting malcolmb14
lol .. if I gave all my screts away where would my competitive edge come from ???
This sort of thing always puzzles me .. when you are trading stocks, one person can make a difference on a lower volume stock .. but in forex, with trillions being poured in from all directions, what difference does it make how many people are trading according to any one method?? So why not share what you do the way karmo, auslanco & so many others do?
  • #111,999
  • Sep 9, 2008 8:16pm Sep 9, 2008 8:16pm
someone in japan is happy. look at that nikkei spike
  • #112,000
  • Edited 8:31pm Sep 9, 2008 8:18pm | Edited 8:31pm
Quoting bpatto
I think that is going to be a solid trade. Price failed to push much higher that 189.00. Big boys are eating all the orders they can at higher levels.

I went short 188.81.
Closed my short position at 188.32 after my TP 187.5 is missed and set limit order to go short on 189 before off from work.
Reach home see my order triggered... Lucky i close my short...
Lost...
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