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

  • #131,181
  • Nov 3, 2008 10:50pm Nov 3, 2008 10:50pm
I locked in half at +250, waiting and maybe gonna re-short on a bounce with the rest.

I think I'm going to cry... I finally found my way home...
What's that smell?
  • #131,182
  • Nov 3, 2008 10:53pm Nov 3, 2008 10:53pm
Hey Karmo

I know your opinion on fundamentals is that they are largely irrelevant in taking your trades, but even though techs are screaming down I am keeping in mind the traditional 'election bump' that may strike tomorrow.

Something to ponder at least.
Lemming Forex! The Way to Trade....
  • #131,183
  • Nov 3, 2008 10:55pm Nov 3, 2008 10:55pm
Quoting Putto
Hey Karmo

I know your opinion on fundamentals is that they are largely irrelevant in taking your trades, but even though techs are screaming down I am keeping in mind the traditional 'election bump' that may strike tomorrow.

Something to ponder at least.
I'll keep that in mind
Trade what you see, not what you think.
  • #131,184
  • Nov 3, 2008 10:57pm Nov 3, 2008 10:57pm
karmo is your new low 130? and from there longing?
  • #131,185
  • Nov 3, 2008 10:58pm Nov 3, 2008 10:58pm
Quoting Putto
Hey Karmo

I know your opinion on fundamentals is that they are largely irrelevant in taking your trades, but even though techs are screaming down I am keeping in mind the traditional 'election bump' that may strike tomorrow.

Something to ponder at least.
How much pips will this traditional 'election bump' cost? Any estimates?
  • #131,186
  • Nov 3, 2008 10:59pm Nov 3, 2008 10:59pm
Quoting Nauth
karmo is your new low 130? and from there longing?
That sounds good but I'll stay short until I see a reversal on higher TF
Trade what you see, not what you think.
  • #131,187
  • Nov 3, 2008 10:59pm Nov 3, 2008 10:59pm
Quoting amed12
karmo you target for this week?

For me 140.00

130 and maybe 125 ... not sure this week or monday of next ...but soon
Blogging daily now at www.volume.zone
  • #131,188
  • Nov 3, 2008 10:59pm Nov 3, 2008 10:59pm
Quoting Putto
Hey Karmo

I know your opinion on fundamentals is that they are largely irrelevant in taking your trades, but even though techs are screaming down I am keeping in mind the traditional 'election bump' that may strike tomorrow.

Something to ponder at least.
Election bump will probably be down = Obama. Hard to tell with McCain.
History is written by the victors.
  • #131,189
  • Nov 3, 2008 11:00pm Nov 3, 2008 11:00pm
anyone see the m15 BD?
  • #131,190
  • Nov 3, 2008 11:00pm Nov 3, 2008 11:00pm
salam karmo,

i wonder why mu M30 QQE hasn't cross. Yours already crossed? Mine hasn't but price below Gann. would love to hear that is bearish continuation. Gimme some of your pills man, really need it now especially in the office.
  • #131,191
  • Nov 3, 2008 11:01pm Nov 3, 2008 11:01pm
pls, can anyone advice me pls, while demo trading i was able to my account in about a week, I started real trade with 270 yesterday, all i ve left is 99.96. What would ve been the problem, everymove I made on uj ended up turning against me.
with 99.96, is there anyway i can place trade again?

just joining the forum
  • #131,192
  • Nov 3, 2008 11:02pm Nov 3, 2008 11:02pm
Quoting aspil
salam karmo,

i wonder why mu M30 QQE hasn't cross. Yours already crossed? Mine hasn't but price below Gann. would love to hear that is bearish continuation. Gimme some of your pills man, really need it now especially in the office.
It crossed n then uncrossed now that price retrace a bit back up, when it does cross n confirm, GJ should fall further.
Trade what you see, not what you think.
  • #131,193
  • Nov 3, 2008 11:04pm Nov 3, 2008 11:04pm
Quoting plato
pls, can anyone advice me pls, while demo trading i was able to my account in about a week, I started real trade with 270 yesterday, all i ve left is 99.96. What would ve been the problem, everymove I made on uj ended up turning against me.
with 99.96, is there anyway i can place trade again?

just joining the forum

easy real money and demo have different emotions involved .

270 .. you are underfunded .

99% of day traders fail

sorry ..I am full of hope for you aren't i

you could open a micro account , trading $10 a time , and 10 pips = $1
Blogging daily now at www.volume.zone
  • #131,194
  • Nov 3, 2008 11:05pm Nov 3, 2008 11:05pm
Quoting malcolmb14
easy real money and demo have different emotions involved .

270 .. you are underfunded .

99% of day traders fail

sorry ..I am full of hope for you aren't i

you could open a micro account , trading $10 a time , and 10 pips = $1
you just made the poor guy feel worse I think
Trade what you see, not what you think.
  • #131,195
  • Nov 3, 2008 11:06pm Nov 3, 2008 11:06pm
Quoting karmostaji
It crossed n then uncrossed now that price retrace a bit back up, when it does cross n confirm, GJ should fall further.

hey karmo ... still in those shorts...

trailing strops as we go ....

oh man if we get 125 that will be 3800 green ones in the bank ..... just about pay off the mortgage
Blogging daily now at www.volume.zone
  • #131,196
  • Nov 3, 2008 11:08pm Nov 3, 2008 11:08pm
Quoting malcolmb14
easy real money and demo have different emotions involved .

270 .. you are underfunded .

99% of day traders fail

sorry ..I am full of hope for you aren't i

you could open a micro account , trading $10 a time , and 10 pips = $1
market is slowing down,what's your TP on shorts?
  • #131,197
  • Nov 3, 2008 11:09pm Nov 3, 2008 11:09pm
Quoting karmostaji
you just made the poor guy feel worse I think

the truth hurts

why when a newbie doubles an account due to one over leveraged trade do they think they are a trader ? i have had this argument with my woman who I am teaching how to trade ... but grasshopper does not want to listen to master .... she doubled her account .. then blew it up next trade...

I have been at this game for 6 years and am still learning something new every day , still press buy when i should be pressing sell , and still get myself in trades that I should never have been in
Blogging daily now at www.volume.zone
  • #131,198
  • Nov 3, 2008 11:09pm Nov 3, 2008 11:09pm
Quoting malcolmb14
hey karmo ... still in those shorts...

trailing strops as we go ....

oh man if we get 125 that will be 3800 green ones in the bank ..... just about pay off the mortgage
same here, I've got my shorts on

pay your mortgage and buy yourself a new bicycle, I mean car.
Trade what you see, not what you think.
  • #131,199
  • Nov 3, 2008 11:11pm Nov 3, 2008 11:11pm
Quoting moneybookers
market is slowing down,what's your TP on shorts?

125 .. shorts at 158 , 159 , 160 ,161, 162 and 163.... lol look back i was adding on way up

158 , 159 , 160 off the table , have 161 , 162 and 163 still on with profits locked in

been an interesting week ..... way outside of the box for me

scalping targets 154.....153.5 , 153 , 50 pip intervals down from there , price breaks 154.5 maybe test 155 for long .
Blogging daily now at www.volume.zone
  • #131,200
  • Nov 3, 2008 11:11pm Nov 3, 2008 11:11pm
Quoting forter
How much pips will this traditional 'election bump' cost? Any estimates?
Like most fundamentals it is almost impossible to quantify as it depends on the strength of the effect it has on market sentiment and confidence. If there is a landslide, ostensibly indicating that the US is unified confidently behind a plan (and subconscionsly a sense of broad renewal) there should be a move upwards in the US equity markets which will have a corresponding effect on exchange prices. The quantifiable effect will depend on the closeness of the race and the effect it has on the market. So long story short this is of no help in placing a trade except as a caveat on your short plans (if the market rejoices in the result/likely result tomorrow).

Also please dont start a McCain vs Obama flame war. Thats just lame.
Lemming Forex! The Way to Trade....
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