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

  • #127,061
  • Oct 27, 2008 4:15pm Oct 27, 2008 4:15pm
Quoting malcolmb14
I do not know ... ask your boss ....lol


...just kidding

yes here it is

Attachment
if i get caught again then you owe me 20 pips. lol
  • #127,062
  • Oct 27, 2008 4:15pm Oct 27, 2008 4:15pm
Quoting poweredbuyer
Think we'll ever see this beast above 200 again in the future ... years down the road?

I think we will ..... everything goes in cycles .....I have a hard time thinking 1 hour ahead let alone years lol

I am a scalper .. always have been in in the days when she only moved 100 pip ... it would be in 60 pip cycles and you could harvest the pips in the range collecting 50 - 200 per day ... now it is just easier and it is 500 to 2000 per day ...lol
Blogging daily now at www.volume.zone
  • #127,063
  • Oct 27, 2008 4:16pm Oct 27, 2008 4:16pm
Quoting pkimnyc
if i get caught again then you owe me 20 pips. lol

sure no worries ... 20 pip on i micro lot .... lol ... isn't that $2
Blogging daily now at www.volume.zone
  • #127,064
  • Oct 27, 2008 4:17pm Oct 27, 2008 4:17pm
oh i'm having a tough morning here, 4 trades to get it right

1. Short 145.89 drop 50 pips retract stopped out at B/E (+1 pip actually)
2. Short 146.97 drop 80 pips retract stopped out at +10 pip
3. Short GU 1.5661 drop 75 pips retract stopped out at +10 pip

Try again, short 147.21, now sitting +340pip, short GU1.5700 now sitting +170ish..
  • #127,065
  • Oct 27, 2008 4:19pm Oct 27, 2008 4:19pm
Quoting malcolmb14
sure no worries ... 20 pip on i micro lot .... lol ... isn't that $2
10 full lots?
  • #127,066
  • Oct 27, 2008 4:20pm Oct 27, 2008 4:20pm
Quoting malcolmb14
I think we will ..... everything goes in cycles .....I have a hard time thinking 1 hour ahead let alone years lol

I am a scalper .. always have been in in the days when she only moved 100 pip ... it would be in 60 pip cycles and you could harvest the pips in the range collecting 50 - 200 per day ... now it is just easier and it is 500 to 2000 per day ...lol
but man during the days you're talking about, even if you dont set S/L to your trade and things go against you, you'll have a strong probability that the pair will reach your entry again, right?
I recommend you read something else as this sentence is now concluded.
  • #127,067
  • Oct 27, 2008 4:21pm Oct 27, 2008 4:21pm
Quoting Cdawg
oh i'm having a tough morning here, 4 trades to get it right

1. Short 145.89 drop 50 pips retract stopped out at B/E (+1 pip actually)
2. Short 146.97 drop 80 pips retract stopped out at +10 pip
3. Short GU 1.5661 drop 75 pips retract stopped out at +10 pip

Try again, short 147.21, now sitting +340pip, short GU1.5700 now sitting +120ish..

go back and look at morning charts ...... put trend line on 10 min charts ... the trend was UP .... you should have been going long on dips.... that is why you were having an issue. Most of my trades this morning were long on dips for 60 plus pips each trade. Until this afternoon....

I was shorting all the time on friday ... made a bunch but could have made way more if I had of just plotted the trend line and trusted it.
Blogging daily now at www.volume.zone
  • #127,068
  • Oct 27, 2008 4:22pm Oct 27, 2008 4:22pm
Quoting pkimnyc
10 full lots?

geez you do not want much .. lets just round it up to 100 lots ....lol
Blogging daily now at www.volume.zone
  • #127,069
  • Oct 27, 2008 4:25pm Oct 27, 2008 4:25pm
Quoting Obaidah
but man during the days you're talking about, even if you dont set S/L to your trade and things go against you, you'll have a strong probability that the pair will reach your entry again, right?

money management inthis market is critical .... I never risk more than 1.5% of account .... and in a whaky market like today I take that risk down even more to .75% . My position size is based on my account and risk per trade. I take half off at 30 or 50 pip and move stop to break or -10 , that way I can trade stress free most of the time as the worst that happens is i make 30 or 50 pips

I have been batting around 75% , keeping the losses SMALL and letting the winners run ..... that is the secret to still being here next year and the year after and the year after
Blogging daily now at www.volume.zone
  • #127,070
  • Oct 27, 2008 4:26pm Oct 27, 2008 4:26pm
Quote
I was shorting all the time on friday ... made a bunch but could have made way more if I had of just plotted the trend line and trusted it.

Following my rules, the trend was up, but I was getting pretty good entry signals to go short, I just should have been scalping them off instead of looking for the 300 pip move
  • #127,071
  • Oct 27, 2008 4:30pm Oct 27, 2008 4:30pm
Quoting malcolmb14
money management inthis market is critical .... I never risk more than 1.5% of account .... and in a whaky market like today I take that risk down even more to .75% . My position size is based on my account and risk per trade. I take half off at 30 or 50 pip and move stop to break or -10 , that way I can trade stress free most of the time as the worst that happens is i make 30 or 50 pips

I have been batting around 75% , keeping the losses SMALL and letting the winners run ..... that is the secret to still being here next year and the year after and the year after
yup thats what keep you in the game, thanks for the advice.
I recommend you read something else as this sentence is now concluded.
  • #127,072
  • Oct 27, 2008 4:31pm Oct 27, 2008 4:31pm
This retracement good for adding to shorts?
  • #127,073
  • Oct 27, 2008 4:40pm Oct 27, 2008 4:40pm
Cheeze!! I tried to short & the red bar went SOOooo long!!

Am i the only 1 left?
  • #127,074
  • Oct 27, 2008 4:42pm Oct 27, 2008 4:42pm
Quoting forter
Cheeze!! I tried to short & the red bar went SOOooo long!!
yea...it was a sweet short. Im in for a long scalp right now. It appears like we are due for a retracement and maybe a reversal based on PA and Fib levels.
  • #127,075
  • Oct 27, 2008 4:45pm Oct 27, 2008 4:45pm
Quoting cheese
yea...it was a sweet short. Im in for a long scalp right now. It appears like we are due for a retracement and maybe a reversal based on PA and Fib levels.
Well...my platform was trying to get the short order, but i cancelled it. I didn't expect it to create that bar! LOL!
  • #127,076
  • Oct 27, 2008 4:45pm Oct 27, 2008 4:45pm
Quoting cheese
yea...it was a sweet short. Im in for a long scalp right now. It appears like we are due for a retracement and maybe a reversal based on PA and Fib levels.

Stopped out.
  • #127,077
  • Oct 27, 2008 4:49pm Oct 27, 2008 4:49pm
I don't see any sign of a reversal .. price under gann, qqe crossed down on most tf's.
  • #127,078
  • Oct 27, 2008 4:55pm Oct 27, 2008 4:55pm
Quoting Obaidah
hello everybody
hey there, do u only trade at night? lol
  • #127,079
  • Oct 27, 2008 4:56pm Oct 27, 2008 4:56pm
Quoting malcolmb14
where is lilmoe .....

I hear a voice ... ' help me ..help me .. i am drowning ... the sea of green pips is swallowing me whole'

it is lilmoes voice ....

lol, sorry, was out for a smoke break that took a bit too long
  • #127,080
  • Oct 27, 2008 4:58pm Oct 27, 2008 4:58pm
Quoting lilmoe
hey there, do u only trade at night? lol
i just woke up, slow moves at night so i can study and trade at the same time lol
I recommend you read something else as this sentence is now concluded.
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