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

  • #172,341
  • Apr 21, 2009 2:49pm Apr 21, 2009 2:49pm
Pipchick I'm sure you aren't the only woman here, maybe the only one who knows how to trade..
  • #172,342
  • Apr 21, 2009 2:50pm Apr 21, 2009 2:50pm
Quoting NiTRADER
im a "noob" been trading for about 7 months & following this forum for about 1 month just to get some help & ideas...& i have to say, the only thing this forum has done for me so far is clouded my judgment!
You are officially awarded the best post of the day - here have a lollipop...baby

Sorry folks not read previous pages but can guess wots going on..the reality is that this is a tread with different ideas and methods of trading...the ONLY thing in common with most traders here is one of the below

1. Both trade geppy
2. use of QQE or
3 use of Gann

that's it..baby...take everything u read with a little pitch of salt...and use it more as confirmation of your own analysis.

I'm really not sure if people actually still use auslanco's systems as intended apart from karmo i think...


happy pippin...
  • #172,343
  • Apr 21, 2009 2:51pm Apr 21, 2009 2:51pm
Quoting NiTRADER
im a "noob" been trading for about 7 months & following this forum for about 1 month just to get some help & ideas...& i have to say, the only thing this forum has done for me so far is clouded my judgment!
Until you make your own calls with your own risk its all worthless. The forum is there to help you get there. If you can trade and watch others trash your system and you still make money. Then you will be a trader LOL for what it's worth.
Timing is everything
  • #172,344
  • Apr 21, 2009 2:51pm Apr 21, 2009 2:51pm
Quecee, do you still think that prices will go down to 137/138 as you predicted at the begining of this month?
  • #172,345
  • Apr 21, 2009 2:56pm Apr 21, 2009 2:56pm
Quoting PipChick
youre not REALLY wondering that are ya Malc? lolol

ouch that hurt ...lol
Blogging daily now at www.volume.zone
  • #172,346
  • Apr 21, 2009 2:56pm Apr 21, 2009 2:56pm
Quoting quecee5
I like u pipchick -

suck up .....
Blogging daily now at www.volume.zone
  • #172,347
  • Apr 21, 2009 3:00pm Apr 21, 2009 3:00pm
sitting watching what will happen...let follow trend
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #172,348
  • Apr 21, 2009 3:00pm Apr 21, 2009 3:00pm
Quoting malcolmb14
ouch that hurt ...lol
lol..just kiddin!
  • #172,349
  • Apr 21, 2009 3:03pm Apr 21, 2009 3:03pm
Quoting malcolmb14
My spelling is the worst !!! I admit to that.

now just wondering if I fall under the arrogant or pious heading ... likely both ...lol
err. I can give you some English lessons??? [writing, spelling included]

  • #172,350
  • Apr 21, 2009 3:04pm Apr 21, 2009 3:04pm
Quoting pino2
Quecee, do you still think that prices will go down to 137/138 as you predicted at the begining of this month?
Absolutely. . .

Right now we are in a correction phase up which should stop well below 146.50/147. . . which ws support and now should be resistance. If we project the next wave from that area to the start of the last wave up we can see that the golden ratio (1.618) ends at 138.80/139 area. . .

Now the only way I will abort this analysis is if I see a daily close above daily gann or a close above the last breakout or what im calling previous support. . .

Also, keep in mind that price just took a run down to the daily LTL and that area might be hard to break on the 1st try. . .
  • #172,351
  • Apr 21, 2009 3:05pm Apr 21, 2009 3:05pm
Quoting malcolmb14
suck up .....

  • #172,352
  • Apr 21, 2009 3:05pm Apr 21, 2009 3:05pm
Quoting ukdaytrader
No, what it means is you can no longer trade the same pair long and short in the same account. Here are your options:

Trade with Oanda who allow sub accounts.
Learn how to hedge using correlated pairs.
Learn synthetics.

I really don't understand. Is it that we will no longer be allowed to have both long and short at the same time or that if we do, additional margin will be held.

Thanks
  • #172,353
  • Apr 21, 2009 3:06pm Apr 21, 2009 3:06pm
Quoting Piters
err. I can give you some English lessons??? [writing, spelling included]

no offence ..but wouldn't that be the blind leading the blind ? ....lol
Blogging daily now at www.volume.zone
  • #172,354
  • Apr 21, 2009 3:08pm Apr 21, 2009 3:08pm
Quoting malcolmb14
no offence ..but wouldn't that be the blind leading the blind ? ....lol
LOL....you have a point Malc. no offense Piters.
  • #172,355
  • Apr 21, 2009 3:09pm Apr 21, 2009 3:09pm
Quoting botadufig05
I really don't understand. Is it that we will no longer be allowed to have both long and short at the same time or that if we do, additional margin will be held.

Thanks
As I understand it, it means no more long and short trades in same account using the same margin. You will need to find closely correlated pairs or synthetics using additional margin.
  • #172,356
  • Apr 21, 2009 3:11pm Apr 21, 2009 3:11pm
Quoting botadufig05
I really don't understand. Is it that we will no longer be allowed to have both long and short at the same time or that if we do, additional margin will be held.

Thanks

when others talk about hedging with close pairs .

If you are long gbpjpy and us indexes go down but you want to hedge long gbpjpy short gbpchf or eurjpy
Blogging daily now at www.volume.zone
  • #172,357
  • Apr 21, 2009 3:12pm Apr 21, 2009 3:12pm
Back from a hectic 5 weeks off, being a trader is the easy part of my life.

Take a weeks holiday and not look at the markets........Check
Plant winter crops on farm in the middle of a drought....Check
Brake ankle whilst riding motorcross...........................Check
Bury our beloved grandmother...................................Check
Deliver our baby son in the front seat of car................Check

Good to see nothing has changed round here. Anyway here is a volume at price chart for the last couple of sessions.
Attached Image (click to enlarge)
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{Some Profound Statement goes here}
  • #172,358
  • Apr 21, 2009 3:14pm Apr 21, 2009 3:14pm
Quoting bpatto
Back from a hectic 5 weeks off, being a trader is the easy part of my life.

Take a weeks holiday and not look at the markets........Check
Plant winter crops on farm in the middle of a drought....Check
Brake ankle whilst riding motorcross...........................Check
Bury our beloved grandmother...................................Check
Deliver our baby son in the front seat of car................Check

Good to see nothing has changed round here. Anyway here is a volume at price chart for the last couple of sessions.
Nice to see you back mate and many congrats on the birth of your son.
  • #172,359
  • Apr 21, 2009 3:18pm Apr 21, 2009 3:18pm
Quoting malcolmb14
no offence ..but wouldn't that be the blind leading the blind ? ....lol

who ME????

my english is perfect
  • #172,360
  • Apr 21, 2009 3:25pm Apr 21, 2009 3:25pm
Quoting bpatto
Back from a hectic 5 weeks off, being a trader is the easy part of my life.

Take a weeks holiday and not look at the markets........Check
Plant winter crops on farm in the middle of a drought....Check
Brake ankle whilst riding motorcross...........................Check
Bury our beloved grandmother...................................Check
Deliver our baby son in the front seat of car................Check

Good to see nothing has changed round here. Anyway here is a volume at price chart for the last couple of sessions.
And philanthropy will have to wait a little longer.

Congrats. on the birth you must be one cool cucumber.
Timing is everything
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