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

  • #120,621
  • Oct 9, 2008 6:45am Oct 9, 2008 6:45am
Quoting belekas
Hello mate, its all good. Took my first scalp ever today. Moved stop @ be after 50 pips in profit and get stoped out 18 pips sl would have done the job, and i would be sitting in nice 180+ pips profit. But its all good. Better safe then sorry and next time i am grabbing what the market gives and runing away lol
i'm glad u're doing well bro, let's give this our bet shot!
  • #120,622
  • Oct 9, 2008 6:46am Oct 9, 2008 6:46am
Quoting sycho
am still sticking to my 170.88 target
Ok, so? what's your point? I was talking about the 5m chart if you have no clue.
Trade what you see, not what you think.
  • #120,623
  • Oct 9, 2008 6:46am Oct 9, 2008 6:46am
This........ is the reason to avoid longs - 175.39

This is yearly fibonacci, and unless this level breaks and we trade above it, taking a long is as good as suicide.
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 9 KB
  • #120,624
  • Oct 9, 2008 6:47am Oct 9, 2008 6:47am
Quoting forexlion
I just finished a shower, not a good day to long
You should take a look across the board
"Everybody needs money. That's why they call it money" - Danny De Vito
  • #120,625
  • Oct 9, 2008 6:47am Oct 9, 2008 6:47am
My second long scalp from the 5m trigger closed for 50 pips. Not bad having in mind thats my second attempt to scalp
  • #120,626
  • Oct 9, 2008 6:49am Oct 9, 2008 6:49am
Quoting forexlion
This........ is the reason to avoid longs - 175.39

This is yearly fibonacci, and unless this level breaks and we trade above it, taking a long is as good as suicide.
Agree on a long scale..but for today the US futures is UP..and since morning, GJ was UP...so we have a Good chance going into US session..we will have a choppy trade but the trend could be up
  • #120,627
  • Oct 9, 2008 6:51am Oct 9, 2008 6:51am
Quoting spiderforex
Agree on a long scale..but for today the US futures is UP..and since morning, GJ was UP...so we have a Good chance going into US session..we will have a choppy trade but the trend could be up
agree with u
meltdown has been suspended in time
  • #120,628
  • Oct 9, 2008 6:51am Oct 9, 2008 6:51am
Quoting forexlion
This........ is the reason to avoid longs - 175.39

This is yearly fibonacci, and unless this level breaks and we trade above it, taking a long is as good as suicide.
I agree with you regarding that level, the 4h gann is there too, once we break above it, longs are much safer

but but we are scalping
Trade what you see, not what you think.
  • #120,629
  • Oct 9, 2008 6:52am Oct 9, 2008 6:52am
Quoting spiderforex
Agree on a long scale..but for today the US futures is UP..and since morning, GJ was UP...so we have a Good chance going into US session..we will have a choppy trade but the trend could be up
Yup. The main move for the day is UP.
  • #120,630
  • Oct 9, 2008 6:52am Oct 9, 2008 6:52am
I tried couple of times, but it looks like I am a pussy scalper. I can't scalp for shit without getting erratic heart beats, nausea, fainting and vomiting and diarrhea.
Or was it the side effect of pills I took, that was supposed to make me feel better?
  • #120,631
  • Oct 9, 2008 6:53am Oct 9, 2008 6:53am
Quoting m00jiman
I tried couple of times, but it looks like I am a pussy scalper. I can't scalp for shit without getting erratic heart beats, nausea, fainting and vomiting and diarrhea.
Or was it the side effect of pills I took, that was supposed to make me feel better?
Try smaller lots
Trade what you see, not what you think.
  • #120,632
  • Oct 9, 2008 6:54am Oct 9, 2008 6:54am
Quoting karmostaji
I agree with you regarding that level, the 4h gann is there too, once we break above it, longs are much safer

but but we are scalping
Yes we are mate. Just wanted to thank you for this precious scalping techniq that really works. My first ever 50 pips collected with scalping yeeehaaah )))
  • #120,633
  • Oct 9, 2008 6:55am Oct 9, 2008 6:55am
a few are saying they went long at the 5m qqe cross, how did you enter when the price never retraced to 5sma if you are truly trading aus system but modified time scale?
  • #120,634
  • Oct 9, 2008 6:57am Oct 9, 2008 6:57am
Quoting Macedonia
a few are saying they went long at the 5m qqe cross, how did you enter when the price never retraced to 5sma if you are truly trading aus system but modified time scale?
sometimes price will retrace close to the 5sma and not exactly touch it, I enter sometimes and don't worry if i missed the exact entry by 2-5 pips, nobody is perfect you know
Trade what you see, not what you think.
  • #120,635
  • Oct 9, 2008 6:59am Oct 9, 2008 6:59am
Quoting Macedonia
a few are saying they went long at the 5m qqe cross, how did you enter when the price never retraced to 5sma if you are truly trading aus system but modified time scale?
Jumped in after i got the long 5m trigger. Didnt wait for the retrace, though it retraced 10 pips to the 5sma. Took my dough and ran away
  • #120,636
  • Oct 9, 2008 7:00am Oct 9, 2008 7:00am
found on a gravestone.......

scalp in peace
  • #120,637
  • Oct 9, 2008 7:02am Oct 9, 2008 7:02am
Please find enclosed pictures. It is impossible to put *gif, so this is in zip...

Thank you.

a.
Attached File(s)
File Type: zip gj_5m_scalp.zip   50 KB | 315 downloads
  • #120,638
  • Oct 9, 2008 7:02am Oct 9, 2008 7:02am
i'm setting my SL at b/e i don't like PA
  • #120,639
  • Oct 9, 2008 7:05am Oct 9, 2008 7:05am
Quoting lilmoe
i'm setting my SL at b/e i don't like PA
closing 1/2 and throwing another 50 pips in my santa sack
  • #120,640
  • Oct 9, 2008 7:06am Oct 9, 2008 7:06am
Quoting lilmoe
i'm setting my SL at b/e i don't like PA

Always a smart thing to do How you doing brother?
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