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

  • #133,221
  • Nov 7, 2008 4:32am Nov 7, 2008 4:32am
Quoting Verto
its the exits that are the hard part.
For ur SL and TP, always be willing to ask they will be willing to help you.
  • #133,222
  • Nov 7, 2008 4:33am Nov 7, 2008 4:33am
Quoting kinzu
For ur SL and TP, always be willing to ask they will be willing to help you.
I dunno sometimes lilmoe and malcolm have been scalping monsters they are in an out before they respond back.
  • #133,223
  • Nov 7, 2008 4:38am Nov 7, 2008 4:38am
Well, I know I'm new to many of you here, but I'm not new to trading. As far as quick scalps go, that's not my style... I like the bigger runs but greatly respect those that can scalp successfully and keep it up. I like to work on my game of patience and execution and take long run winners.

Anyway, I'm happy to answer questions and offer advice when I can. I trade futures for a hedge fund now in the San Francisco and just left a different hedge fund in Chicago where I also traded currency futures.
check out my blog: forexmademillionaire dot com
  • #133,224
  • Nov 7, 2008 4:39am Nov 7, 2008 4:39am
Quoting alearner
154.18 is DP. Having trouble there first.
Hi Alearner,

Your DP is definitely providing good resistance and price may turn here? As you can see I use different pivots with the DP for GJ 153.69 which has broken and turned into support for the time being.

So far had a good morning mainly taking longs, just one short off the DP, all my longs are in profit and have taken around +50 profit off each long I am holding with all stops in profit, so wherever it decides to go thats OK.

I also have a short order on a sub account at the WP.
  • #133,225
  • Nov 7, 2008 4:39am Nov 7, 2008 4:39am
Quoting Verto
I dunno sometimes lilmoe and malcolm have been scalping monsters they are in an out before they respond back.
Lilmoe is essentially a scalper (a good one at that). One trick that I use is this-I follow Lilmoes calls and im out at 20-30 pips(almost instant at times). While for Karmo and Malcomb, enter their positions and ride it to eternity
  • #133,226
  • Nov 7, 2008 4:44am Nov 7, 2008 4:44am
Quoting Wolf.
Hi Alearner,

Your DP is definitely providing good resistance and price may turn here? As you can see I use different pivots with the DP for GJ 153.69 which has broken and turned into support for the time being.

So far had a good morning mainly taking longs, just one short off the DP, all my longs are in profit and have taken around +50 profit off each long I am holding with all stops in profit, so wherever it decides to go thats OK.

I also have a short order on a sub account at the WP.
Thanks for the info. I also have a UTL there so watching carefully.

Wish everyone used the same DPs. it would make life easier and they would be more powerful.
  • #133,227
  • Nov 7, 2008 4:53am Nov 7, 2008 4:53am
Quoting kinzu
Lilmoe is essentially a scalper (a good one at that). One trick that I use is this-I follow Lilmoes calls and im out at 20-30 pips(almost instant at times). While for Karmo and Malcomb, enter their positions and ride it to eternity
well that is very good for money making. but if they all decides to stop post on this forum. HOPE YOU HAVE LEARNT ENOUGH FROM THEM?
  • #133,228
  • Nov 7, 2008 4:53am Nov 7, 2008 4:53am
Quoting kinzu
Lilmoe is essentially a scalper (a good one at that). One trick that I use is this-I follow Lilmoes calls and im out at 20-30 pips(almost instant at times). While for Karmo and Malcomb, enter their positions and ride it to eternity
I think I might start up a demo account that follows all lilmoe, karmo and malcolmb trade calls. It would be interesting to see what kind of returns it gets. Of course, I don't think I'd ever been comfortable using my real money account based on trade calls. That is a whole other can of worms, imo.
  • #133,229
  • Nov 7, 2008 4:53am Nov 7, 2008 4:53am
Quoting kinzu
Guys i ave a new trading strategy for you all
1) understand and know how to read english
2)no indicators
3)wake up in the morning and check the last 10 posts(not more than 30mins from the time you read the post.
4)lookout for posts from the following: KARMO, LILMOE and MALCLOMB.
5)once you ave a confirmation. N.B any 2 of the above are either long or short,
6)know their entry point and check the current price. If price is within 20-30 pips from their entry point, MY BROTHER if u are ready to make money follow without thinking
try it and i assure u won't regret it. As i like to say as they make you make.
One leeetle problem with that otherwise perfect strategy. If one day we wake up and find that Karmo, Lilmoe & Malcomb have all taken their fortunes and retired to their private islands.... then what?
Tough as it is, I need to learn to do this myself.. so as long as I have me, I can trade successfully
  • #133,230
  • Nov 7, 2008 4:56am Nov 7, 2008 4:56am
Quoting Geppy
Well, I know I'm new to many of you here, but I'm not new to trading.
We're all watching attentively to see if your 156-58 projection comes to pass. You certainly have not wavered from it! If it does, as I said before, you will quickly have more attention than you might want
  • #133,231
  • Nov 7, 2008 4:57am Nov 7, 2008 4:57am
GBPJPY still on the way to north????
  • #133,232
  • Nov 7, 2008 5:01am Nov 7, 2008 5:01am
as much i like to short from up here but i m afraid this thing is full of fake out moves
  • #133,233
  • Nov 7, 2008 5:01am Nov 7, 2008 5:01am
Quoting meltz
GBPJPY still on the way to north????
Still churning north I unloaded some earlier and bought back about five minutes ago... watching "Heat" on TNT right now while I wait.
check out my blog: forexmademillionaire dot com
  • #133,234
  • Nov 7, 2008 5:02am Nov 7, 2008 5:02am
Quoting TraderStar
One leeetle problem with that otherwise perfect strategy. If one day we wake up and find that Karmo, Lilmoe & Malcomb have all taken their fortunes and retired to their private islands.... then what?
Tough as it is, I need to learn to do this myself.. so as long as I have me, I can trade successfully
Other great traders wil be born Though u need to trade what u see on ur charts. Even the best traders hav their own bad days
  • #133,235
  • Nov 7, 2008 5:05am Nov 7, 2008 5:05am
Quoting Geppy
Still churning north I unloaded some earlier and bought back about five minutes ago... watching "Heat" on TNT right now while I wait.
Ya, thats what i do now. Thanks for the comfirmation you gave me.
You seem to stay whole night..... Not sleepy?
  • #133,236
  • Nov 7, 2008 5:07am Nov 7, 2008 5:07am
i m short 153.80 first tp 152.95 then 152.40 then 151.30
  • #133,237
  • Nov 7, 2008 5:08am Nov 7, 2008 5:08am
I am getting tired, considering putting a stop in 100pips below or so and getting some sleep. Gotta get up early for the equity market open to slang my gold and oil stocks =)
check out my blog: forexmademillionaire dot com
  • #133,238
  • Nov 7, 2008 5:13am Nov 7, 2008 5:13am
Quoting xoiper
i m short 153.80 first tp 152.95 then 152.40 then 151.30
any body not short yet last chance
  • #133,239
  • Nov 7, 2008 5:16am Nov 7, 2008 5:16am
Quoting xoiper
any body not short yet last chance

Anything to shows that what you are saying is right?
  • #133,240
  • Nov 7, 2008 5:23am Nov 7, 2008 5:23am
Quoting meltz
Anything to shows that what you are saying is right?
YEAH! prove it.
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