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

  • #157,701
  • Feb 3, 2009 11:23am Feb 3, 2009 11:23am
Quote
hi been a good day when we have these range bound moves it is good to scalp on the low just added another sett tp is 200 ema for me on 1m ( 80 pips _
yentastic ... we are waiting to see a brief explanation about how your scalping system works
Discipline + Patience - Fear - Greed = Success
  • #157,702
  • Feb 3, 2009 11:36am Feb 3, 2009 11:36am
Quoting arezab
yentastic ... we are waiting to see a brief explanation about how your scalping system works
we are here to learn is the point
  • #157,703
  • Feb 3, 2009 11:43am Feb 3, 2009 11:43am
hi all

i am new to scalp can someone point me to some resources on it.
Thanks.
  • #157,704
  • Feb 3, 2009 11:47am Feb 3, 2009 11:47am
Quoting amr_hisham
hi all

i am new to scalp can someone point me to some resources on it.
Thanks.

if you scan through this thread and the others and these forums youll find a great amount of into
  • #157,705
  • Feb 3, 2009 12:15pm Feb 3, 2009 12:15pm
I loved that 120 range this morning! Talk about easy pips!

Now that we have broke out. I'm long and buying dips!

GL everybody
  • #157,706
  • Feb 3, 2009 12:16pm Feb 3, 2009 12:16pm
On a side note. I have had my losses. Especially my first year!

Check out my idea to address Capital Gain losses:

http://letsdiscusschange.com/short-t...-gains-losses/
  • #157,707
  • Feb 3, 2009 12:26pm Feb 3, 2009 12:26pm
Quoting cohiba pips
we are here to learn is the point
That is right.
Discipline + Patience - Fear - Greed = Success
  • #157,708
  • Feb 3, 2009 12:28pm Feb 3, 2009 12:28pm
Quoting amr_hisham
hi all

i am new to scalp can someone point me to some resources on it.
Thanks.

hope you are good .... markets like this today will put sdome hurt on newer traders with no nerves of steel

today is all about waiting for the right trade set up , and moving stop to be +1 once you have 20 pip .

I was long off daily pivot earlier , only trade of day for a few pips . It was the only set up that presented itself that I liked

NEWBIEs .. remember just cause the market is open doesn ot mean you have to be in it. The last 12 hours have been ranging really nicely ....

here is 4 hour set up .... that pins bar form about 16 hours ago has not been broken , but we still have downtrend line around the 38 %

right now it is a scalpers paradise .... but remember day traidng is one of the hardest ways to trade

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Blogging daily now at www.volume.zone
  • #157,709
  • Feb 3, 2009 12:33pm Feb 3, 2009 12:33pm
fyi

Official Statement: ODL Securities Sells US Business

15 January 2009 – ODL Securities, the leading independent FOREX, derivatives, equity, spread betting and commodity trading house has sold the US division of its profit making US Forex business to Forex Capital Markets LLC (FXCM).
  • #157,710
  • Feb 3, 2009 12:38pm Feb 3, 2009 12:38pm
Quoting MykeFX
No Fees...except if you deposit using a credit card... They take checks or bank wires for free. Withdrawing is free unless you want something faster than standard delivery for the check... Wiretransfer withdrawal is $25.00 tho..
Thxs!
  • #157,711
  • Feb 3, 2009 12:38pm Feb 3, 2009 12:38pm
Quoting hazy
i have an account with both fxcm and ibfx, 12 months with fxcm and the only problem i have had with them was when there servers went down once, other than that all is good . much much faster and far less slippage than ibfx. in fact so far i see no reason to get rid of fxcm for ibfx. if someone knows anything about fxcm i dont please tell.
Thxs!
  • #157,712
  • Feb 3, 2009 12:40pm Feb 3, 2009 12:40pm
Quoting malcolmb14
hope you are good .... markets like this today will put sdome hurt on newer traders with no nerves of steel

today is all about waiting for the right trade set up , and moving stop to be +1 once you have 20 pip .

I was long off daily pivot earlier , only trade of day for a few pips . It was the only set up that presented itself that I liked

NEWBIEs .. remember just cause the market is open doesn ot mean you have to be in it. The last 12 hours have been ranging really nicely ....

here is 4 hour set up .... that pins bar form about...
I had some time today since i don't like range at all, so had a chance to look at your demark thing. really nice, i have to admit.

thanks for sharing.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #157,713
  • Feb 3, 2009 12:48pm Feb 3, 2009 12:48pm
hope you are good .... markets like this today will put sdome hurt on newer traders with no nerves of steel(Malcomb)
  • #157,714
  • Feb 3, 2009 12:52pm Feb 3, 2009 12:52pm
Q,

I am an FXCM customer and I recommend you not go with them. I need to move my account but I've been dragging my feet.

I'm seriously considering Dukascopy

B
  • #157,715
  • Feb 3, 2009 12:56pm Feb 3, 2009 12:56pm
Quoting bigcoupe
Q,

I am an FXCM customer and I recommend you not go with them. I need to move my account but I've been dragging my feet.

I'm seriously considering Dukascopy

B
What problems you have with fxcm?

thanks
  • #157,716
  • Feb 3, 2009 12:58pm Feb 3, 2009 12:58pm
Quoting bigcoupe
Q,

I am an FXCM customer and I recommend you not go with them. I need to move my account but I've been dragging my feet.

I'm seriously considering Dukascopy

B
Thxs bro. . .
  • #157,717
  • Feb 3, 2009 1:00pm Feb 3, 2009 1:00pm
hi all

hmmm. Pa that stinks today..
just read someone talking about FXCM..i used them in the past and they are rubbish..baby...i use MB trading way way better...great customer service as well...used to be called EFX...

by the way still long...until something significant occurs i'm not covering my longs...baby
  • #157,718
  • Feb 3, 2009 1:16pm Feb 3, 2009 1:16pm
Quoting quecee5
fyi

Official Statement: ODL Securities Sells US Business

15 January 2009 – ODL Securities, the leading independent FOREX, derivatives, equity, spread betting and commodity trading house has sold the US division of its profit making US Forex business to Forex Capital Markets LLC (FXCM).
Discipline + Patience - Fear - Greed = Success
  • #157,719
  • Feb 3, 2009 1:17pm Feb 3, 2009 1:17pm
Quoting CoolTrader77
What problems you have with fxcm?

thanks
Cons:

  1. I have to pay to take out money. And the fee goes up if you pull money more than once a month.
  2. It takes 5-15 days to receive the money.
  3. It's very common for their prices to spike and trigger S/L's. Disclaimer: This has not happened to me since I use mental SL's. Search this thread and you will find MANY people complaining about this.
  4. Since they got involved with the CNBC Trading contest, I have noticed small glitches like timeouts, login issues, etc.

Pros:

  1. I LOVE the charts they have and will miss it. I use MT4 on a demo account and trade from the chart via FXCM. Awesome combo.
  2. Credit card deposits get credited within a couple of hours.
  3. Customer service is decent

I have to admit that they aren't that bad. However, if you're looking to establish a new account, I'm sure there are better.

B

  • #157,720
  • Feb 3, 2009 1:45pm Feb 3, 2009 1:45pm
will be fun to watch this 2900 area break through.
targeting 3030 area if and when it does push through
--post hoc ergo propter hoc--
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