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

  • #153,761
  • Jan 19, 2009 12:05am Jan 19, 2009 12:05am
Quoting IcoHristovBG
possibly 129 test today ?


maybe 132
Blogging daily now at www.volume.zone
  • #153,762
  • Jan 19, 2009 12:08am Jan 19, 2009 12:08am
Quoting malcolmb14
system trading works well in volatile conditions like this ... always has always will

what weeds the good traders out from the ones that follow xyz cross abc is a sideways market with less range......
When Trader master the EXIT, Entries are not important.. The EXIT is what is making US money, not ENTRY... You can toss a coin, but with a good EXIT startegy, you are still making a money.

That is the secret behing the great strategies like Turtles. and others...
  • #153,763
  • Jan 19, 2009 12:09am Jan 19, 2009 12:09am
Quoting malcolmb14
what is funny about that .. it is fact ...

as you made money ... likely 10 others lost in this forum ... be sensitive to that
I didn't make money, I'm trading on a demo account
Trade what you see, not what you think.
  • #153,764
  • Jan 19, 2009 12:09am Jan 19, 2009 12:09am
Quoting IcoHristovBG
possibly 129 test today ?
if we get a 4h close below 132.50, then yes
Trade what you see, not what you think.
  • #153,765
  • Jan 19, 2009 12:20am Jan 19, 2009 12:20am
Quoting malcolmb14
trading is hard karmo ... 99 % fail
where did you get this from? did you do a research? or you are just assuming?
Trade what you see, not what you think.
  • #153,766
  • Jan 19, 2009 12:20am Jan 19, 2009 12:20am
Quoting Piters
When Trader master the EXIT, Entries are not important.. The EXIT is what is making US money, not ENTRY... You can toss a coin, but with a good EXIT startegy, you are still making a money.

That is the secret behing the great strategies like Turtles. and others...
i opened 20 positions now across different pairs and wait for decent exits popping up

stp 1000 pips
  • #153,767
  • Jan 19, 2009 12:21am Jan 19, 2009 12:21am
I'm going for 130.30
Sell from 134.00
  • #153,768
  • Jan 19, 2009 12:23am Jan 19, 2009 12:23am
Quoting karmostaji
if we get a 4h close below 132.50, then yes
4hr gann is still bullish. do u think we are bearish still and hit 132.5 or we go up to 136 from here. pls reply. lol!
  • #153,769
  • Jan 19, 2009 12:24am Jan 19, 2009 12:24am
Quoting karmostaji
where did you get this from? did you do a research? or you are just assuming?
books , articles , common knowledge .. ask how many in here really make money .... and how many have fallen by the way side. How many hedge fund managers have blown hedge funds and how many so called fund managers have lost money ........

simple knowledge....
Blogging daily now at www.volume.zone
  • #153,770
  • Jan 19, 2009 12:26am Jan 19, 2009 12:26am
Quoting dialpips
4hr gann is still bullish. do u think we are bearish still and hit 132.5 or we go up to 136 from here. pls reply. lol!
I have no clue, ask malcolmb
Trade what you see, not what you think.
  • #153,771
  • Jan 19, 2009 12:28am Jan 19, 2009 12:28am
Quoting malcolmb14
books , articles , common knowledge .. ask how many in here really make money .... and how many have fallen by the way side. How many hedge fund managers have blown hedge funds and how many so called fund managers have lost money ........

simple knowledge....
so based on this forum, you say 99% fail at forex? lol, I thought your assumption was based on some research.
Trade what you see, not what you think.
  • #153,772
  • Jan 19, 2009 12:30am Jan 19, 2009 12:30am
Quoting karmostaji
I have no clue, ask malcolmb
karmo ... do not take it wrong and sulk..

trading is not simple as you say it is simple as that , and as a seasoned trader you have to be sensitive to others who lost money on that run down and are likely still in the losing position because they are noobs and that is what noobs do.
Blogging daily now at www.volume.zone
  • #153,773
  • Jan 19, 2009 12:31am Jan 19, 2009 12:31am
Quoting karmostaji
so based on this forum, you say 99% fail at forex? lol, I thought your assumption was based on some research.

have you ever read a book on trading ? It is very common knowledge a high percentage .... 95 - 99 % of those that try trading fail .

enough said ... according to you you never lose .....I guess those 800 pip stops are working for you.....
Blogging daily now at www.volume.zone
  • #153,774
  • Jan 19, 2009 12:32am Jan 19, 2009 12:32am
I'm sure Karmo has paid his training fees - let him enjoy his profits!
I've got my pips - go get yours!
  • #153,775
  • Jan 19, 2009 12:33am Jan 19, 2009 12:33am
Quoting dialpips
4hr gann is still bullish. do u think we are bearish still and hit 132.5 or we go up to 136 from here. pls reply. lol!
Is someone seeing the bullish hd on 15min chart? is it already playing out or much later? thanks.
  • #153,776
  • Jan 19, 2009 12:37am Jan 19, 2009 12:37am
You shouldn't forget that Obama is taking over the White House tomorow, so it is possible to anticipate some loosening of the risk aversion. Many may think that the time for a change has come and be tempted to buy index and currency bottoms. Of course, this should be temporary, just until the next NFP comes out
  • #153,777
  • Jan 19, 2009 12:38am Jan 19, 2009 12:38am
Trading is hard very hard but not impossible.
  • #153,778
  • Jan 19, 2009 12:39am Jan 19, 2009 12:39am
Quoting BackTestDummy
I'm sure Karmo has paid his training fees - let him enjoy his profits!
I think Karmo is tied to a chair while some nut job is making his posts.
  • #153,779
  • Jan 19, 2009 12:41am Jan 19, 2009 12:41am
I agree.
I don't cruise the forums much anymore, as I just trade my plan and don't worry about what others are doing but Karmo and alot of others in this thread/FF taught me alot....

Not sure what all the hub bub is all about, but Karmo's good in my book.

back to putting a hurtin on the EU,GU and GJ !!!

cheers.
  • #153,780
  • Jan 19, 2009 12:42am Jan 19, 2009 12:42am
  •  FxChi
  • | Joined Dec 2007 | Status: Cash Rules Everything Around Me | 749 Posts
Please see chart below. Was that just a high volume test of lows on cable?
Attached Image (click to enlarge)
Click to Enlarge Name: jan 18 5 min test.jpg Size: 126 KB
"Wishful thinking dies hard." Igor T.
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