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

  • #138,381
  • Nov 18, 2008 7:21pm Nov 18, 2008 7:21pm
Quoting jon clogger
I played it too. Shorted GJ at 146.00 with the currency part, now I'm on the top 25 leader board. I almost shat myself. It helped I had YHOO and Yang made the announcement today as well.

Good luck!

nice going dude, i dont follow stocks just eod on a few, but have been downloading data eod and running through my programs, the ones i have picked are seeking a large swing reversals but contenst will prolly ber over before they come to fruit LOL
"Millionaires don't use astrology, billionaires do"
  • #138,382
  • Nov 18, 2008 7:27pm Nov 18, 2008 7:27pm
Quoting OrionsWay
nice going dude, i dont follow stocks just eod on a few, but have been downloading data eod and running through my programs, the ones i have picked are seeking a large swing reversals but contenst will prolly ber over before they come to fruit LOL
Thanks, it was pure luck, by next week I'll be back in the 100K+ ranks.

Currencies are the key to this competition. You don't have to pick the best stocks, just ones that have gains during the competition.
What's that smell?
  • #138,383
  • Nov 18, 2008 7:29pm Nov 18, 2008 7:29pm
Quoting Eulogy
I'm not all that familiar with american stock to be honest. What i can tell you however is that my gains in the competition came from being able to play the penny stocks. The million $ competition isn't about gains in the long run, its about have a bit of fun especially when you don't give a rats a$$ if you get margin called. Take a gamble, go big every trade and have some fun.

or you can open like 8 accounts or something, bet all you have 4 in one direction 4 in other, then take 4 winning accounts and repeat, at least this way you will have 3 consecutive winning trades on one account with full magrin utilised if you can be bothered setting up 8 accounts that is.
  • #138,384
  • Nov 18, 2008 7:30pm Nov 18, 2008 7:30pm
YM futures being clobbered in early Asian trading.
Patience + Humility + Study = Success
  • #138,385
  • Nov 18, 2008 7:36pm Nov 18, 2008 7:36pm
Quoting lexazver
or you can open like 8 accounts or something, bet all you have 4 in one direction 4 in other, then take 4 winning accounts and repeat, at least this way you will have 3 consecutive winning trades on one account with full magrin utilised if you can be bothered setting up 8 accounts that is.
its not the setting up that's the bother. you can't heavy scalp more than 1 account at a time. I was watching cent movements taking 1 cent profits here and there and repeatedly refilling over the same ranges for about 0.6% balance gain every trade after brokerage.
  • #138,386
  • Nov 18, 2008 7:37pm Nov 18, 2008 7:37pm
Quoting jon clogger
Thanks, it was pure luck, by next week I'll be back in the 100K+ ranks.

Currencies are the key to this competition. You don't have to pick the best stocks, just ones that have gains during the competition.
yea agree on the currencies i have put about 15k in account in about 8 hrs now ,playing fairly conservatively
"Millionaires don't use astrology, billionaires do"
  • #138,387
  • Nov 18, 2008 7:41pm Nov 18, 2008 7:41pm
ahh time for bed, 5 hours of sleep should do it keep the pound low in the mean time ) dont like waking up to bad surprises.

set another limit sell @ 1,4977 with stop at 1.5010 with my other stop, hopefully this order doesnt get filled but if it does then hopefully it will be profitable is this too much to ask for?

so far though nothing changed my mind that we are heading down tomorrow or perhaps tonight but god i hate asian sessions, can never get a hang of them, asians trade incorrectly lol..
  • #138,388
  • Nov 18, 2008 8:18pm Nov 18, 2008 8:18pm
I took a Long here for 148, correct me if I am wrong.
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  • #138,389
  • Nov 18, 2008 8:31pm Nov 18, 2008 8:31pm
Quoting forexlion
I took a Long here for 148, correct me if I am wrong.
price will go to lower than B in at least 2 hours later
  • #138,390
  • Nov 18, 2008 8:33pm Nov 18, 2008 8:33pm
Quoting forexlion
I took a Long here for 148, correct me if I am wrong.
thats a very strange EW count you have there. Waves 1-5 should be with an unidirectional underlying trend
  • #138,391
  • Nov 18, 2008 8:39pm Nov 18, 2008 8:39pm
Quoting forexlion
Its considered very very bad to joke about women in your own city or home.

Since you are from Malaysia and you are joking about asian women.

Do not forget that it was an asian woman who brought you into this world.

Also its bad manners to joke about women in general, I hope you do understand.

Kindly keep this forum for forex purposes only.
Agree bro ..
  • #138,392
  • Nov 18, 2008 8:39pm Nov 18, 2008 8:39pm
Quoting OrionsWay
anyone playing that cnbc challenge

i just started last night

currently 19.4% or 71816 game postion
Looks fun... I've registered, but how do you place orders and setup positions? I don't see where you can do that....
  • #138,393
  • Nov 18, 2008 8:43pm Nov 18, 2008 8:43pm
Quoting USTrader
Looks fun... I've registered, but how do you place orders and setup positions? I don't see where you can do that....
create portfolios upto 5 i think ,then choose the portfolio u can in there type the symbol and express the amount of % per equity u wish to hold the fxcm on right is the currency portion of it
"Millionaires don't use astrology, billionaires do"
  • #138,394
  • Nov 18, 2008 9:01pm Nov 18, 2008 9:01pm
Quoting forexlion
I took a Long here for 148, correct me if I am wrong.
I as newbie here also in same flight with you sir

http://i288.photobucket.com/albums/l...8/111111-2.gif
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  • #138,395
  • Nov 18, 2008 9:05pm Nov 18, 2008 9:05pm
Quoting TraderStar
You people who are into the EW thing, might want to check out this:


http://www.asiafxtraders.com

Jeb posts a new (free) GY chart once or twice a day, at first it looks like the electrical & sewer plans for the NY subway system... but once you get used to them.. and if you like EW, he may have some insights for you.
thanks ts.
  • #138,396
  • Nov 18, 2008 9:10pm Nov 18, 2008 9:10pm
Quoting OrionsWay
create portfolios upto 5 i think ,then choose the
portfolio u can in there type the symbol and express the amount of % per equity u wish to hold the fxcm on right is the currency portion of it


Thanks! I see it now! I was loking for a tab not a hyperlink...

Placing my first trade via browser....
  • #138,397
  • Nov 18, 2008 9:34pm Nov 18, 2008 9:34pm
a slightly lower post-lunch open of nikkei is pulling carries down
  • #138,398
  • Nov 18, 2008 9:41pm Nov 18, 2008 9:41pm
Quoting lexazver
ahh time for bed, 5 hours of sleep should do it keep the pound low in the mean time ) dont like waking up to bad surprises.

set another limit sell @ 1,4977 with stop at 1.5010 with my other stop, hopefully this order doesnt get filled but if it does then hopefully it will be profitable is this too much to ask for?

so far though nothing changed my mind that we are heading down tomorrow or perhaps tonight but god i hate asian sessions, can never get a hang of them, asians trade incorrectly lol..
some great sense and attitude of learning you have
  • #138,399
  • Nov 18, 2008 9:47pm Nov 18, 2008 9:47pm
Quoting forexlion
I took a Long here for 148, correct me if I am wrong.
ew rule: wave 4 can't enter the price territory of wave 1
  • #138,400
  • Nov 18, 2008 9:51pm Nov 18, 2008 9:51pm
Quoting pkimnyc
ew rule: wave 4 can't enter the price territory of wave 1

im lookin at this, thx im long
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