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

  • #122,401
  • Oct 15, 2008 6:30am Oct 15, 2008 6:30am
Quoting arezab
I'm angry because it hits my SL (178.45) and just then returns back down not because I lost some pips ... LOL

I've closed many positions with +1 and no problem with that.
do u ever take partial profit?
  • #122,402
  • Oct 15, 2008 6:37am Oct 15, 2008 6:37am
on that indicator i posted if u place on daily major hi chart set ratio .249 1/4 scale then move in to 1hr chart u will see that unless we can break and ustain a solid close above 178.55 we must be attracted to lower line 171.96 area

and if u open new chart place same indic on 1hr hi 181.29 chart set ratio .0621 u will see the channel of congestion which will attract us to 176.31 and break down for min 2 lines, prolly 3 173.03/171.40 area
"Millionaires don't use astrology, billionaires do"
  • #122,403
  • Oct 15, 2008 6:42am Oct 15, 2008 6:42am
i still think it's going up. i will change my bias if we close below 1h gann.
  • #122,404
  • Oct 15, 2008 6:47am Oct 15, 2008 6:47am
Quoting lilmoe
do u ever take partial profit?
No ... my be that is one of my mistakes with my trading style ... it's because I don't divide my position into three or more positions. I open one positions or two max. if they go against me I close them. I place just one TP for my positions ... either SL or TP

I know your style of distributing positions into 3 or 4 position in the matter of size is a good habit but I have never traded like that ... I should get used to this method.
Discipline + Patience - Fear - Greed = Success
  • #122,405
  • Oct 15, 2008 6:48am Oct 15, 2008 6:48am
Quoting lilmoe
i still think it's going up. i will change my bias if we close below 1h gann.
i will keep my shorts on however, with SL set to profit. that's just in case i was wrong...
  • #122,406
  • Oct 15, 2008 6:48am Oct 15, 2008 6:48am
does any body know futures broker using meta trader platform
thanks for help
  • #122,407
  • Oct 15, 2008 6:48am Oct 15, 2008 6:48am
Quoting lilmoe
i still think it's going up. i will change my bias if we close below 1h gann.
I am with you... hmm

1 option - sideway next couple of days with top @ 180
2 option - maybe up to 190-191 ??

my view !!
  • #122,408
  • Oct 15, 2008 6:49am Oct 15, 2008 6:49am
Quoting xoiper
does any body know futures broker using meta trader platform
thanks for help

Windsor direct
"Millionaires don't use astrology, billionaires do"
  • #122,409
  • Oct 15, 2008 6:50am Oct 15, 2008 6:50am
Quoting arezab
No ... my be that is one of my mistakes with my trading style ... it's because I don't divide my position into three or more positions. I open one positions or two max. if they go against me I close them. I place just one TP for my positions ... either SL or TP

I know your style of distributing positions into 3 or 4 position in the matter of size is a good habit but I have never traded like that ... I should get used to this method.
it just keeps ya on the safe side. like karmo said, greed is a bad thing. u don't need to open multiple positions, u can close half or 1/3 of a position at any time i'm sure u know how to do that
  • #122,410
  • Oct 15, 2008 6:54am Oct 15, 2008 6:54am
Quoting Piters
I am with you... hmm

1 option - sideway next couple of days with top @ 180
2 option - maybe up to 190-191 ??

my view !!
i took a position long at 177.40 with a 30 pip SL
  • #122,411
  • Oct 15, 2008 6:57am Oct 15, 2008 6:57am
hmm
Attached Image (click to enlarge)
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Trade what you see, not what you think.
  • #122,412
  • Oct 15, 2008 6:58am Oct 15, 2008 6:58am
Quoting OrionsWay
Windsor direct
thanks but i m looking for one allowing oil spot trading
any body know one?
  • #122,413
  • Oct 15, 2008 7:01am Oct 15, 2008 7:01am
Yes, bullish bias agreed too

Quoting lilmoe
i took a position long at 177.40 with a 30 pip SL
I don't say
  • #122,414
  • Oct 15, 2008 7:01am Oct 15, 2008 7:01am
Quoting xoiper
thanks but i m looking for one allowing oil spot trading
any body know one?
WHC, ODL.
  • #122,415
  • Oct 15, 2008 7:02am Oct 15, 2008 7:02am
Just look at her now
I don't say
  • #122,416
  • Oct 15, 2008 7:02am Oct 15, 2008 7:02am
Quoting lilmoe
i took a position long at 177.40 with a 30 pip SL
sorry guys, i think i hit 2 yards instead of 2 lots

SL at b/e now
  • #122,417
  • Oct 15, 2008 7:04am Oct 15, 2008 7:04am
Quoting dragosd1
Just look at her now
didn't know my longs can move the market, loooool
  • #122,418
  • Oct 15, 2008 7:05am Oct 15, 2008 7:05am
But i think it must hit 176.80 before going up again....

Quoting dragosd1
Just look at her now
I don't say
  • #122,419
  • Oct 15, 2008 7:06am Oct 15, 2008 7:06am
I was just going to say - out of the mouth of Lilmoe and bang it happens!
  • #122,420
  • Oct 15, 2008 7:08am Oct 15, 2008 7:08am
Quoting lilmoe
didn't know my longs can move the market, loooool
your shorts are better than your Longs.. You are BEAR
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