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

  • #122,741
  • Oct 15, 2008 5:11pm Oct 15, 2008 5:11pm
Quoting sameer
dont worry i am not blind i keep my eyes open when i play for 2.5 or 5 lots
LOL good
Trade what you see, not what you think.
  • #122,742
  • Oct 15, 2008 5:13pm Oct 15, 2008 5:13pm
Quoting karmostaji
LOL good
already made about 3K today need to cover all my lose till friday lets try
  • #122,743
  • Oct 15, 2008 5:17pm Oct 15, 2008 5:17pm
Quoting sameer
already made about 3K today need to cover all my lose till friday lets try

remeber do not set expectation ....

instead trade to trade well ..... the profits will come. Manage the risk ... 3 lots at 50 pip stop , max 1.5% risk =-100,000 account required . One wrong move or one 150 pip spike as happened earlier and you are toast
Blogging daily now at www.volume.zone
  • #122,744
  • Oct 15, 2008 5:17pm Oct 15, 2008 5:17pm
Quoting karmostaji
LOL good
dont looks its gonna come 172.5
  • #122,745
  • Oct 15, 2008 5:18pm Oct 15, 2008 5:18pm
171.7 was it .. that was short zone

Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 16 KB
Blogging daily now at www.volume.zone
  • #122,746
  • Oct 15, 2008 5:19pm Oct 15, 2008 5:19pm
Quoting malcolmb14
remeber do not set expectation ....

instead trade to trade well ..... the profits will come. Manage the risk ... 3 lots at 50 pip stop , max 1.5% risk =-100,000 account required . One wrong move or one 150 pip spike as happened earlier and you are toast
well i know i play with 10% of my account with 5% risk
  • #122,747
  • Oct 15, 2008 5:19pm Oct 15, 2008 5:19pm
Quoting malcolmb14
171.7 was it .. that was short zone

Attachment

i wished u said that 10 mins before
  • #122,748
  • Oct 15, 2008 5:22pm Oct 15, 2008 5:22pm
Quoting sameer
well i know i play with 10% of my account with 5% risk
IMO you need to reduce the risk, and are you using a stop-loss? if not then you've got to be very careful because this beast will make you regret it.

I have went through the phase of blowing up when I first traded this beast, lol.
Trade what you see, not what you think.
  • #122,749
  • Oct 15, 2008 5:22pm Oct 15, 2008 5:22pm
HAHA, SL was hit for 1 pip
Do not follow my trades. Trade what you see on your own charts.
  • #122,750
  • Oct 15, 2008 5:24pm Oct 15, 2008 5:24pm
Quoting igmak
HAHA, SL was hit for 1 pip
4h is signaling strong downward movement, a retest of the low is on the table and if that breaks, then who knows, maybe 15x.xx lol
Trade what you see, not what you think.
  • #122,751
  • Oct 15, 2008 5:26pm Oct 15, 2008 5:26pm
Quoting sameer
i wished u said that 10 mins before
Learn to analyze the charts to get better view and do not follow anyone.
This forum is not for trading signals. Do your own work and then you will be profitable...

Good luck...
Do not follow my trades. Trade what you see on your own charts.
  • #122,752
  • Oct 15, 2008 5:30pm Oct 15, 2008 5:30pm
Quoting karmostaji
4h is signaling strong downward movement, a retest of the low is on the table and if that breaks, then who knows, maybe 15x.xx lol

Since 61.8 is taken out, i prefer a 100 % retracement on the monthly. target is clear and symple.

But not in a straight line. There have to be 2 or 3 bullish weeks to feed some bulls.
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  • #122,753
  • Oct 15, 2008 5:33pm Oct 15, 2008 5:33pm
Quoting karmostaji
IMO you need to reduce the risk, and are you using a stop-loss? if not then you've got to be very careful because this beast will make you regret it.

I have went through the phase of blowing up when I first traded this beast, lol.
sure i use SL i am not crazy not to use SL
  • #122,754
  • Oct 15, 2008 5:34pm Oct 15, 2008 5:34pm
Quoting karmostaji
4h is signaling strong downward movement, a retest of the low is on the table and if that breaks, then who knows, maybe 15x.xx lol
I see it Karm dont like selling breakouts but I did here anyway my preference is to sell pull backs as is any smart trader. Sometimes we have group psychology here and causes us to second doubt. Does me sometimes!!!!
Price does what price wants , I just need to be prepared.
  • #122,755
  • Oct 15, 2008 5:37pm Oct 15, 2008 5:37pm
Here’s something I invite everyone to add to their trading toolbox:

Open a demo account at FX-PRO.

Select mini dow jones futures (ticker = YM8Z) 5 min chart
Select crude oil (ticker = CL8X) 5 min chart

They will show you the way (along with the regular dj from your favourite provider during market hours). These 2 are open 24h, like forex however

I am almost +1,000 pips just for today. Happy pipin’ to everyone. and …. thanks Malcolmb
  • #122,756
  • Oct 15, 2008 5:37pm Oct 15, 2008 5:37pm
UJ touches daily S3, so we should see GJ bounce a bit, maybe touch 15m 50ema
Trade what you see, not what you think.
  • #122,757
  • Oct 15, 2008 5:38pm Oct 15, 2008 5:38pm
Quoting PJkiller
I see it Karm dont like selling breakouts but I did here anyway my preference is to sell pull backs as is any smart trader. Sometimes we have group psychology here and causes us to second doubt. Does me sometimes!!!!
I am a breakout trader ..lol..... so me dumb dumb .... I trade futures on break outs. ....and often forex..lol
Blogging daily now at www.volume.zone
  • #122,758
  • Oct 15, 2008 5:39pm Oct 15, 2008 5:39pm
that is why I don't like trading breakouts right there
Price does what price wants , I just need to be prepared.
  • #122,759
  • Oct 15, 2008 5:40pm Oct 15, 2008 5:40pm
Quoting Qpip
Here’s something I invite everyone to add to their trading toolbox:

Open a demo account at FX-PRO.

Select mini dow jones futures (ticker = YM8Z) 5 min chart
Select crude oil (ticker = CL8X) 5 min chart

They will show you the way (along with the regular dj from your favourite provider during market hours). These 2 are open 24h, like forex however

I am almost +1,000 pips just for today. Happy pipin’ to everyone. and …. thanks Malcolmb

your welcome .. see lilmoe and karmo i am not such a bad guy after all ....
Blogging daily now at www.volume.zone
  • #122,760
  • Oct 15, 2008 5:40pm Oct 15, 2008 5:40pm
Quoting malcolmb14
I am a breakout trader ..lol..... so me dumb dumb .... I trade futures on break outs. ....and often forex..lol
now malcolmb you know what I meant, would never call you dumb dumb very smart smart. I have watched you trade the pull backs and just saying it is my preference...
Price does what price wants , I just need to be prepared.
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