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

  • #120,221
  • Oct 8, 2008 9:12am Oct 8, 2008 9:12am
Quoting karmostaji
Please do use good money management, especially when scalping because we all know this beast is wild and it can do big damage to accounts.

Trade wisely & good luck

we are all here to learn otherwise we wouldn't be here
yeah i m using 1% SL, at max 3% SL, all that i learnt ,, i m here to share guys..

by the way just grabbed another 62 quick picks..
  • #120,222
  • Oct 8, 2008 9:22am Oct 8, 2008 9:22am
what was the highest price around 9am gmt ive got 178.91

thanks
  • #120,223
  • Oct 8, 2008 9:25am Oct 8, 2008 9:25am
Quoting karmostaji
5m QQE crossed up, took the long off 5sma and closed it within mins for 50

now I see a supporting TL on 5m so if 5m QQE crosses back down and that TL breaks, i'll short and take what i'll get
TL broke and 5m reversed back down, went short at 5sma, i'll take whatever the market gives me, no need to be greedy
Trade what you see, not what you think.
  • #120,224
  • Oct 8, 2008 9:27am Oct 8, 2008 9:27am
Quoting karmostaji
TL broke and 5m reversed back down, went short at 5sma, i'll take whatever the market gives me, no need to be greedy
already holding a short from 5m 50ema
I recommend you read something else as this sentence is now concluded.
  • #120,225
  • Oct 8, 2008 9:30am Oct 8, 2008 9:30am
Quoting alearner
Can you please sell me all your unused patience pills as I have a feeling you wont be using them.
I think this Beast needs the pills or a tranqualiser gun. she is crazy.
  • #120,226
  • Oct 8, 2008 9:32am Oct 8, 2008 9:32am
Quoting bill77
I think this Beast needs the pills or a tranqualiser gun. she is crazy.
Or a good man any takers? lol
  • #120,227
  • Oct 8, 2008 9:47am Oct 8, 2008 9:47am
Quoting karmostaji
TL broke and 5m reversed back down, went short at 5sma, i'll take whatever the market gives me, no need to be greedy
closed for 35 pips, ok i'm tired now

If the 4h candle closes below 174 then 170 is on the table, so keep your eyes open and stay alert
Trade what you see, not what you think.
  • #120,228
  • Oct 8, 2008 9:54am Oct 8, 2008 9:54am
Market is really insane .. haven't got my day's pips yet to day ..
Was long and down -127 pips and came back to +3 pips this morning ..sweating me a lot. Market relentless selling is just unbelievable ..
  • #120,229
  • Oct 8, 2008 9:58am Oct 8, 2008 9:58am
anyone can post the picture of the crying dollar ?
i want to print it out and make it a big poster and put it in my room just for fun
thank u
  • #120,230
  • Oct 8, 2008 9:59am Oct 8, 2008 9:59am
I'm glad someone else has suffered the same today. I thought it was just me!! No sorry, I did not mean I am happy for you - just glad that someone else is not making pips all over the place.
  • #120,231
  • Oct 8, 2008 10:07am Oct 8, 2008 10:07am
Quoting gillybabe
I'm glad someone else has suffered the same today. I thought it was just me!! No sorry, I did not mean I am happy for you - just glad that someone else is not making pips all over the place.
Your not alone Gillybabe. it is tough curently.
  • #120,232
  • Oct 8, 2008 10:23am Oct 8, 2008 10:23am
Quoting malcolmb14
getting some bearish div 5 min rsi and macd ....broke the lower trend line ... I did the long trade earlier for 95 pip but then called it a night

Attachment

Since we are talking Scalping...

Overnight (in the US) I had a buy order with a trailing stop for a breakout of the ascending triangle on G/A. She got triggered some time while I was sleeping. I pocketed 2100+ pips! Woohoo! It was only a 3 mini-lot but I was fed a decent profit.

Thanks for the tips on the G/A scalping. Now I'm watching the 5 min and only going to scalp the 30 and 70 RSI breakout at the moment.

Thx for the tips guys!

B
  • #120,233
  • Oct 8, 2008 10:31am Oct 8, 2008 10:31am
wake up guys, let's make some more pips
Trade what you see, not what you think.
  • #120,234
  • Oct 8, 2008 10:33am Oct 8, 2008 10:33am
bigcoupe 2100 pips its not scalping its the monthly target
  • #120,235
  • Oct 8, 2008 10:34am Oct 8, 2008 10:34am
LOL @ 2100 pips being considered as scalping
Trade what you see, not what you think.
  • #120,236
  • Oct 8, 2008 10:37am Oct 8, 2008 10:37am
IMO we may have seen the lows on UJ and GJ if this thing keeps trading above 170 region then we are done with GJ falling anymore. Fall to 171 region was the 78.6 FIB level of the rise from 140 region back in 2000 if we end the week above 170 then i think we might go back to atleast Weekley 5Sma in the coming weeks
  • #120,237
  • Oct 8, 2008 10:37am Oct 8, 2008 10:37am
Quoting karmostaji
LOL @ 2100 pips being considered as scalping
24 months avarage range is 1028 pips. So he pocketed nearly 2 times avarage yearly ranges.
  • #120,238
  • Oct 8, 2008 10:38am Oct 8, 2008 10:38am
Quoting karmostaji
LOL @ 2100 pips being considered as scalping
Karmo -

On your 5 min scalp down... are you using the 5m gann as a stop? or just as an entry?
  • #120,239
  • Oct 8, 2008 10:40am Oct 8, 2008 10:40am
Quoting gadawg
Karmo -

On your 5 min scalp down... are you using the 5m gann as a stop? or just as an entry?
first im waiting for example for the QQE to cross upwards and the candle to close above gann, then I'll set my stop below gann by 20-30 pips or a bit more, it depends.
Trade what you see, not what you think.
  • #120,240
  • Oct 8, 2008 10:45am Oct 8, 2008 10:45am
Quoting karmostaji
first im waiting for example for the QQE to cross upwards and the candle to close above gann, then I'll set my stop below gann by 20-30 pips or a bit more, it depends.

Which is basically the same as the 1hr and 4hr gann crosses. Right?
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