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

  • #154,721
  • Jan 21, 2009 8:26pm Jan 21, 2009 8:26pm
Quoting malcolmb14
I am up all night ....lol ...
i dont get it, there isnt any more room left down below unless they going for 122?
  • #154,722
  • Jan 21, 2009 8:27pm Jan 21, 2009 8:27pm
Quoting malcolmb14
new long 124,30 20 pip stop


Bro the buys were 500 pips ago what you doing buying up here? and with a 20 pip stop on this monster
  • #154,723
  • Jan 21, 2009 8:31pm Jan 21, 2009 8:31pm
Quoting steelhead
Bro the buys were 500 pips ago what you doing buying up here? and with a 20 pip stop on this monster

thanks you trade your account ... I will trade mine ...ok GET IT

I trade 5 min chart ... already had 200 pip on down move , another 130 on up move and missed the 100 pip down move i called ...

and you still holding ....

so bro mind your own ....
Blogging daily now at www.volume.zone
  • #154,724
  • Jan 21, 2009 8:32pm Jan 21, 2009 8:32pm
Quoting malcolmb14
thanks you trade your account ... I will trade mine ...ok GET IT

I trade 5 min chart ... already had 200 pip on down move , another 130 on up move and missed the 100 pip down move i called ...

and you still holding ....

so bro mind your own ....
oh and never mind the 50 pip range we went into between 38 % fib and the dp .. that was sweet
Blogging daily now at www.volume.zone
  • #154,725
  • Jan 21, 2009 8:33pm Jan 21, 2009 8:33pm
Quoting steelhead
Bro the buys were 500 pips ago what you doing buying up here? and with a 20 pip stop on this monster

if you get in right zone 20 pip is all you need .... END OF CONVERSATION !
Blogging daily now at www.volume.zone
  • #154,726
  • Jan 21, 2009 8:33pm Jan 21, 2009 8:33pm
The bueauty of the FX market is that there is NOT just one perfect buy or sell point. They actually occur quite often depending on your trading style and MM.

  • #154,727
  • Jan 21, 2009 8:34pm Jan 21, 2009 8:34pm
Quoting malcolmb14
thanks you trade your account ... I will trade mine ...ok GET IT

I trade 5 min chart ... already had 200 pip on down move , another 130 on up move and missed the 100 pip down move i called ...

and you still holding ....

so bro mind your own ....
lol
  • #154,728
  • Jan 21, 2009 8:34pm Jan 21, 2009 8:34pm
Quoting malcolmb14
if you get in right zone 20 pip is all you need .... END OF CONVERSATION !

shark bait
  • #154,729
  • Jan 21, 2009 8:36pm Jan 21, 2009 8:36pm
Quoting SmoothTrader
The bueauty of the FX market is that there is NOT just one perfect buy or sell point. They actually occur quite often depending on your trading style and MM.


there are a million ways to trade .. and a million different styles . As long as ones account grows it does not matterwhat you use or where you get in the market

I know the long was 500 pip ago ... been there done that on GU and the ES today ...some guys think that buy and hold is the only way to go ...lol

I was hoping to give some of the noobs in here a bit of an insight how a day trader like me works.

Maybe it was a bit much ...
Blogging daily now at www.volume.zone
  • #154,730
  • Jan 21, 2009 8:37pm Jan 21, 2009 8:37pm
Quoting mirex
lol


Yep still holding from below 120. So almost 400 pips in one trade not three. 5 minute chart on g/j again like you said trade your own way.

My two cents trading a 5 minute on the beast is insane.
  • #154,731
  • Jan 21, 2009 8:37pm Jan 21, 2009 8:37pm
Quoting steelhead
shark bait
sure thing .... that is me ...just call me SB for short.

what is your problem !!!. jealous ?
Blogging daily now at www.volume.zone
  • #154,732
  • Jan 21, 2009 8:41pm Jan 21, 2009 8:41pm
Quoting malcolmb14
there are a million ways to trade .. and a million different styles . As long as ones account grows it does not matterwhat you use or where you get in the market

I know the long was 500 pip ago ... been there done that on GU and the ES today ...some guys think that buy and hold is the only way to go ...lol

I was hoping to give some of the noobs in here a bit of an insight how a day trader like me works.

Maybe it was a bit much ...

Its all good to give newbies insight. Just dont teach them bad habbits. Teaching them to buy 500 pips from the bottom with a 20 pip stop is not helping them.

Newbies if you take this trade with a 20 pip stop you are shark bait. 20 pips is just random noise especially with this currency. Its utterly insane to take that kind of trade with that kind of stop.

Take my opinion for what its worth.They have the right to here opposition malcomb14.
  • #154,733
  • Jan 21, 2009 8:41pm Jan 21, 2009 8:41pm
Quoting steelhead
Yep still holding from below 120. So almost 400 pips in one trade not three. 5 minute chart on g/j again like you said trade your own way.

My two cents trading a 5 minute on the beast is insane.

get real .... I heard it all before ...

trading the beast on any time frame but the 5 min is insane in my eyes ... but I do not go spouting it all over the place. We all have different styles.

400 pips one trade ... very nice ... did that on GU earlier , 30 es points , and another 300 pips tonight ... and i am not done yet oh yeah

A good freind of mine trades ES and TF on 5 min charts .... think the beast is a beast .. it is a pussy cat compared to those things. . on a bad week he does 1 mil

open your eyes ... any way this was a nice diversion
Blogging daily now at www.volume.zone
  • #154,734
  • Jan 21, 2009 8:42pm Jan 21, 2009 8:42pm
Quoting malcolmb14
............I know the long was 500 pip ago ... been there done that on GU and the ES today ...some guys think that buy and hold is the only way to go ...lol .....
what is ES?
  • #154,735
  • Jan 21, 2009 8:42pm Jan 21, 2009 8:42pm
Quoting Eulogy
what pair is ES?

s&p e mini
Blogging daily now at www.volume.zone
  • #154,736
  • Jan 21, 2009 8:43pm Jan 21, 2009 8:43pm
Quoting malcolmb14
sure thing .... that is me ...just call me SB for short.

what is your problem !!!. jealous ?
Bro not jealus at all just offering the " newbies something to think about when listening to you. You can handle a little bit of opposition right?

No harm done.

I have no issues with you.
  • #154,737
  • Jan 21, 2009 8:45pm Jan 21, 2009 8:45pm
Quoting malcolmb14
get real .... I heard it all before ...

trading the beast on any time frame but the 5 min is insane in my eyes ... but I do not go spouting it all over the place. We all have different styles.

400 pips one trade ... very nice ... did that on GU earlier , 30 es points , and another 300 pips tonight ... and i am not done yet oh yeah

A good freind of mine trades ES and TF on 5 min charts .... think the beast is a beast .. it is a pussy cat compared to those things. . on a bad week he does 1 mil

open your eyes ... any way this was a nice diversion...

yeah bought the g/u too down at 1.3630. Man someone doesnt like being questioned. To long has someone dominated this thread without any one questioning him. Someone is a bit defensive
  • #154,738
  • Jan 21, 2009 8:46pm Jan 21, 2009 8:46pm
Quoting steelhead
Bro not jealus at all just offering the " newbies something to think about when listening to you. You can handle a little bit of opposition right?

No harm done.

I have no issues with you.

of course .. i agree with you 100% ... and i did warn the noobs of the danger of the market this evening way back .

I agree to buy at bottoms and sell at tops is the way to go for newbies. and have long term targets.

The only issue i have in this market is that on swing trades on a 2 hour chart you have to have 250 pips stop sometimes for trade to work. That does not suit my MM
Blogging daily now at www.volume.zone
  • #154,739
  • Jan 21, 2009 8:48pm Jan 21, 2009 8:48pm
Quoting malcolmb14
of course .. i agree with you 100% ... and i did warn the noobs of the danger of the market this evening way back .

I agree to buy at bottoms and sell at tops is the way to go for newbies. and have long term targets.

The only issue i have in this market is that on swing trades on a 2 hour chart you have to have 250 pips stop sometimes for trade to work. That does not suit my MM

How to pick the top and bottom then??
  • #154,740
  • Jan 21, 2009 8:49pm Jan 21, 2009 8:49pm
Quoting steelhead
shark bait
more like shake and bake. . .

Higher lows and higher highs during this session in the last 3hrs based on 1hr chart after the initial sell off. . .

If price stays above the last hours lows then we will see 126.50 area sooner rather than later. . . price may test DP again ar'd 123.35 area before heading back up. . .
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