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

  • #155,141
  • Jan 23, 2009 3:41am Jan 23, 2009 3:41am
Quoting Petefaders
I see..you realize there are noobs in this thread with small accounts or who over leverage. Stupid as it is, they may take your trade and blow their account..especially since you claim to be a professional, true as it may be. If they dont blow their account they'll have to be hospitalized for 8 months waiting for that trade to come around.
This is why i explain in full how i use MM 1% of account on my long term and 3% on scalps

If you are following my trades let me make this clear ONLY USE 1% of your account per trade and you will see also i only give info on my long term trades after i have taken so people do not follow it is just so others can see what i did. I have only give info of trades that are short term b4 they happen and so far all as you can see have been good.

I do not wish people to follow me im just showing the way i scalp and the trades i take so others can ask if they like ( thanks for the PM's )

We are here to chat and help others learn i hope i can help do this.
Private Account Manager & Trader since 1999
  • #155,142
  • Jan 23, 2009 3:48am Jan 23, 2009 3:48am
took a small long as s2 119.48 lets see
Private Account Manager & Trader since 1999
  • #155,143
  • Jan 23, 2009 3:51am Jan 23, 2009 3:51am
Quoting yentastic
took a small long as s2 119.48 lets see
me too..tight stop.
  • #155,144
  • Jan 23, 2009 3:55am Jan 23, 2009 3:55am
Quoting Petefaders
me too..tight stop.

just see if 119 holds if so should get 50-100 pips on this entry point
Private Account Manager & Trader since 1999
  • #155,145
  • Jan 23, 2009 3:55am Jan 23, 2009 3:55am
Don't think so, we just made a new low and there is no real sign of buyers. This is still dropping. Trend is your friend
  • #155,146
  • Jan 23, 2009 3:56am Jan 23, 2009 3:56am
Don't look like many buyers here anymore... Maybe they decided to go down a few floors like next to the boiler!
  • #155,147
  • Jan 23, 2009 3:58am Jan 23, 2009 3:58am
"possible " double bottom area on hourly. sorry for some reason i cant post charts. attachment isnt working
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #155,148
  • Jan 23, 2009 4:00am Jan 23, 2009 4:00am
Quoting plrbear
Don't think so, we just made a new low and there is no real sign of buyers. This is still dropping. Trend is your friend
Trend makes no odds to a scalper

Just closed for 20 pips nice trade again .... will look to enter again below s2
Private Account Manager & Trader since 1999
  • #155,149
  • Jan 23, 2009 4:11am Jan 23, 2009 4:11am
GJ, GU falling hard. Bad news for GBP on the way ...

Will today be a black Friday??
Discipline + Patience - Fear - Greed = Success
  • #155,150
  • Jan 23, 2009 4:16am Jan 23, 2009 4:16am
how do you think? maybe retrace to 120.8 or 121?
  • #155,151
  • Jan 23, 2009 4:18am Jan 23, 2009 4:18am
Quoting yentastic
Trend makes no odds to a scalper

Just closed for 20 pips nice trade again .... will look to enter again below s2
well in scalping did you catch that 65 pips up from the low just now?

scalping is ok but only when market has lots of movement. which is not all the time.

I dont disagree with you, just right now I'm looking long term.
  • #155,152
  • Jan 23, 2009 4:19am Jan 23, 2009 4:19am
i added new long 119 hoping to hit tp of 120 but already locked in 5 pips just in case on this as we may see a spike down real soon..
Private Account Manager & Trader since 1999
  • #155,153
  • Jan 23, 2009 4:21am Jan 23, 2009 4:21am
It looks like we have reached a temporary bottom. Some Sellers got out at that low and now its in a small range. Lets see whick way it goes the next hour.
  • #155,154
  • Jan 23, 2009 4:22am Jan 23, 2009 4:22am
Iam back

Q, are you still holding that short ???

my Lucky Trade seams to be "right" this time

Too bad, didnt let me to reload some new shorts...
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  • #155,155
  • Jan 23, 2009 4:22am Jan 23, 2009 4:22am
Karmo thanks
Timing is everything
  • #155,156
  • Edited 7:09am Jan 23, 2009 4:30am | Edited 7:09am
Quoting Piters
Iam back

Q, are you still holding that short ???

my Lucky Trade seams to be "right" this time

Too bad, didnt let me to reload some new shorts...
I reloaded when my stop got hit earlier with a couple of shorts at 123.70 area. .. Held on to it all the way down to 118.90 and cashed out. . .

I now have a small long right at 119 with tight stop loss at +1, waiting to see what it does. . .

So far so good!
  • #155,157
  • Jan 23, 2009 4:32am Jan 23, 2009 4:32am
15M pinbar playing out. We may see a pull back to the 5M 50ema.
  • #155,158
  • Jan 23, 2009 4:35am Jan 23, 2009 4:35am
Quoting quecee5
I reloaded when my stop got hit earlier with a couple of shorts at 123.70 area. .. Held on to it all the way down to 118.90 and cashed out. . .

I now have a small long right at 119 with tight stop loss at +1, waiting to see what it does. . .

So far so good!
excellent bro..
but this time order your PIPcorns online
  • #155,159
  • Jan 23, 2009 4:35am Jan 23, 2009 4:35am
Quoting yentastic
i added new long 119 hoping to hit tp of 120 but already locked in 5 pips just in case on this as we may see a spike down real soon..

well we got over bought on 1m so closed for 62 pips
Private Account Manager & Trader since 1999
  • #155,160
  • Jan 23, 2009 4:39am Jan 23, 2009 4:39am
No follow up on the break of all time low. Sellers backing off ( for the moment) as they are scared BOJ will intervene and they will be caught with their pants down.
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