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

  • #115,221
  • Sep 17, 2008 7:31pm Sep 17, 2008 7:31pm
The price is crazy .. shot up in one tick more than 30 pips .. money injection is a logical sense explanation of this. I would go long now .. lol.
  • #115,222
  • Sep 17, 2008 7:32pm Sep 17, 2008 7:32pm
Never expect the wharket or GJ to do what everyone expects it to do, dont go with d crowd. the crowd is always wrong
  • #115,223
  • Sep 17, 2008 7:32pm Sep 17, 2008 7:32pm
I'm still short from 191.5 and 191.80......Looks like some of you guys are gunning for my dough....

No worries though.
"Timing Is Everything. Really I Swear It Is"
  • #115,224
  • Sep 17, 2008 7:33pm Sep 17, 2008 7:33pm
I make my own decisions. I do not follow the croud. My analysus said short. The problem is I did not take profits when my analysis changed. I married my position for a loss of 20 pips like an Idiot.

Quoting ephisi
Never expect the wharket or GJ to do what everyone expects it to do, dont go with d crowd. the crowd is always wrong
Que
  • #115,225
  • Sep 17, 2008 7:34pm Sep 17, 2008 7:34pm
However I double my long position and make up the lose..

cut the lose ride the profits..

I'm glad I master that skill...

Green pips so far..

Up up and away.....



Quoting lilmoe
Attachment
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  • #115,226
  • Sep 17, 2008 7:36pm Sep 17, 2008 7:36pm
All I did was reverse my position with double and make up the lose..

You win some and lose some..

remember to lock in profits even if it 1 pip..



Quoting Que
I make my own decisions. I do not follow the croud. My analysus said short. The problem is I did not take profits when my analysis changed. I married my position for a loss of 20 pips like an Idiot.
[
  • #115,227
  • Sep 17, 2008 7:36pm Sep 17, 2008 7:36pm
I have more then made up for my loss on my long which is sitting at +60. But I am not sure if it will make my target of +120. as I was looking for 100 on my short.

Quoting rgitt05
However I double my long position and make up the lose..

cut the lose ride the profits..

I'm glad I master that skill...

Green pips so far..

Up up and away.....

Que
  • #115,228
  • Sep 17, 2008 7:37pm Sep 17, 2008 7:37pm
Quoting KillerWhale
Long @ 1.9000
Raised stop to B/E
New voice message: Why are you calling me? If I need you, I'll call you!
  • #115,229
  • Sep 17, 2008 7:39pm Sep 17, 2008 7:39pm
Rest to run to 192 or BE
Timing is everything
  • #115,230
  • Sep 17, 2008 7:41pm Sep 17, 2008 7:41pm
pips ..it's better to close with one pip than a lose..

one pip 100 pip it is still a profit..

It hard to do b/c you have your mind focus on the 100 pips..

I usually have to trade 5 or more trade in a crazy market to get a total of 100 pips..Forex is a game..



Quoting Que
I have more then made up for my loss on my long which is sitting at +60. But I am not sure if it will make my target of +120. as I was looking for 100 on my short.
[
  • #115,231
  • Sep 17, 2008 7:42pm Sep 17, 2008 7:42pm
No doubt, but with News I left stop to far up. Was a rookie mistake.

Quoting rgitt05
pips ..it's better to close with one pip than a lose..

one pip 100 pip it is still a profit..

It hard to do b/c you have your mind focus on the 100 pips..

I usually have to trade 5 or more trade in a crazy market to get a total of 100 pips..Forex is a game..

Que
  • #115,232
  • Sep 17, 2008 7:42pm Sep 17, 2008 7:42pm
Quoting ephisi
MOM means Momentum. Bullish 4hr MOM means its diection with relation to 5sms. i cant explain it in one line.

if u want to learn go to the begining of dis thread and read all Auslancos and karmos post and all dem great ones no more here.

u don haveto read d whole thread.
Cool, bud, many thanks
  • #115,233
  • Sep 17, 2008 7:43pm Sep 17, 2008 7:43pm
For Seesaw

Quoting Que
Momentum is the Current Close Price - (Close price of MoM period back).

So a MoM of 5 on the hourly would be.

Current hours Close - the close of 5 hours ago. In an array.
Que
  • #115,234
  • Sep 17, 2008 7:44pm Sep 17, 2008 7:44pm
Quoting Que
I make my own decisions. I do not follow the croud. My analysus said short. The problem is I did not take profits when my analysis changed. I married my position for a loss of 20 pips like an Idiot.
ur ok Bro.i was refering to the newbies. But seems u learnt alesson
  • #115,235
  • Sep 17, 2008 7:44pm Sep 17, 2008 7:44pm
i usually put a paper over my computer to remind me of these stupid mistakes..

No one is perfect..

What I like about forex is that there is a lot of opportunites to make pips..?

It's not the same with stocks...

One pip at a time..



Quoting Que
No doubt, but with News I left stop to far up. Was a rookie mistake.
[
  • #115,236
  • Sep 17, 2008 7:45pm Sep 17, 2008 7:45pm
Definately, Been at least paper trading (Now Live) for about 3 years.

I learn lessons daily still heh.

Quoting ephisi
ur ok Bro.i was refering to the newbies. But seems u learnt alesson
Que
  • #115,237
  • Sep 17, 2008 7:48pm Sep 17, 2008 7:48pm
Gosh, this is such a humbling experience!!! LOL

Now how far can the beast ride...
  • #115,238
  • Sep 17, 2008 7:48pm Sep 17, 2008 7:48pm
You have no Idea how big of a lesson I learned yesterday...

I was trading while doing something else and sold 11 lots instead of 1. It hurt my account badly as price went up and hit my stop before I realized what happened.

Learn or die in forex. I learned a very hard lesson yesterday. PAY FUCKING ATTENTION TO WHAT YOU ARE DOING...

Quoting ephisi
ur ok Bro.i was refering to the newbies. But seems u learnt alesson
Que
  • #115,239
  • Sep 17, 2008 7:50pm Sep 17, 2008 7:50pm
I dont see this stopping till we hit 354.00 area
"Millionaires don't use astrology, billionaires do"
  • #115,240
  • Sep 17, 2008 7:50pm Sep 17, 2008 7:50pm
ok - whats happening...

i've been long for a while...but it seems very strange is UJ now corellated to gold? is it to do with Russia? just seems so un natural to scared to put more longs.
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