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

  • #177,661
  • May 17, 2009 3:25pm May 17, 2009 3:25pm
Quoting lexazver
dont like this 100 pip drop at all could be mark down just to buy at better level, hope its not though
what ever it is bro,it just gives me more room to increase my ts...
Imanuel Parsifal
  • #177,662
  • May 17, 2009 3:30pm May 17, 2009 3:30pm
Trade the charts and please don't fall in love with a bad trade..Cut the loss.
ride the profits..

Hedging is over now so there is no covering of a big DD anymore..

I am from the good ole USA ..I live one hour away from Disney World..




Quoting donfriday
Bro take is easy, as a good trader there should be a good MM....maybe some of us are silly noob trader here shorting the queen...i hope u are not from uk..lol
they have sold this queen from 150 only feeding some traders in to buy it will i think it will fall, on the fundamental side it cannot rise but as u check on ur indicators it pointing up...take a look at daily u will see it forming SHS.
this week should give us a better picture.
[
  • #177,663
  • May 17, 2009 3:31pm May 17, 2009 3:31pm
Quoting rgitt05
It would help for those who haven't look back many pages..

Too much clutter on this board now with opinions calling for tops and bottoms without charts.

true,many just call without bases,and anyone coming new to a thread should know he has a job to try to catch up into the flow direction of the thread,not to stand in front of a moving train,hoping to ask where the train is headed...go to the train station..just my 2cent bro's..
Imanuel Parsifal
  • #177,664
  • May 17, 2009 3:31pm May 17, 2009 3:31pm
There is going to be blood on the streets this week, Hopefully everyone is seeing the orderflow correctly
"Millionaires don't use astrology, billionaires do"
  • #177,665
  • May 17, 2009 3:32pm May 17, 2009 3:32pm
Quoting sycho
there is twice as much wood up to be chopped as there is to the downside..let's just enjoy and see how she play's out..

i agree totally. The wood up is just as much as the wood down with trading lets wait and see. I actually withdrew some off my shorts for profit taking but would still like it to go up. Up to at least 145.00 i get a chance of loading more shorts.
Either way, smiles to the bank.
When nothing goes right... go left.
  • #177,666
  • May 17, 2009 3:39pm May 17, 2009 3:39pm
Quoting OrionsWay
There is going to be blood on the streets this week, Hopefully everyone is seeing the orderflow correctly
You tease.
  • #177,667
  • May 17, 2009 3:39pm May 17, 2009 3:39pm
Quoting rgitt05
Trade the charts and please don't fall in love with a bad trade..Cut the loss.
ride the profits..

Hedging is over now so there is no covering of a big DD anymore..

I am from the good ole USA ..I live one hour away from Disney World..

my sl is intact and i dont care about hedging..i dont trade with USA broker..
MY OPINION NOT FINANCIAL ADVISE
  • #177,668
  • Edited 3:52pm May 17, 2009 3:40pm | Edited 3:52pm
Quoting OrionsWay
There is going to be blood on the streets this week, Hopefully everyone is seeing the orderflow correctly
bro!where in the world have you been..i missed all you oriontonic talks...how was last wk like...
Imanuel Parsifal
  • #177,669
  • May 17, 2009 3:53pm May 17, 2009 3:53pm
Quoting sycho
bro!where in the world have you been..i missed all you oriontonic talks...whwas last wk like...

WHAT? cmon spit it out mate, clearly. hehee
"Millionaires don't use astrology, billionaires do"
  • #177,670
  • May 17, 2009 3:57pm May 17, 2009 3:57pm
Quoting donfriday
my sl is intact and i dont care about hedging..i TALK AND trade like a true tit ..
............
  • #177,671
  • May 17, 2009 4:00pm May 17, 2009 4:00pm
Quoting ukdaytrader
You tease.

Hahaa its the diplomatic appraoch
"Millionaires don't use astrology, billionaires do"
  • #177,672
  • May 17, 2009 4:01pm May 17, 2009 4:01pm
Quoting OrionsWay
WHAT? cmon spit it out mate, clearly. hehee
ll.bro,just asking hw d last wk went..i can see i picked up some orion coloured pips
Imanuel Parsifal
  • #177,673
  • May 17, 2009 4:03pm May 17, 2009 4:03pm
Has anyone's broker changed their leverage reduction?

One of mine just went from 400:1 to 100:1 this last friday

Is this the next step after getting rid of hedging?

Seems like the NFA is on a tear to kill retail trading.
--post hoc ergo propter hoc--
  • #177,674
  • May 17, 2009 4:03pm May 17, 2009 4:03pm
btw where is karmo and dr.geppy dissapear?
  • #177,675
  • May 17, 2009 4:06pm May 17, 2009 4:06pm
Quoting sycho
ll.bro,just asking hw d last wk went..i can see i picked up some orion coloured pips

Covered like a bandit additions,after i took a bunch from you. still holding a cpl of them additions to the main, But we'll have to see what kind of carnage is available for the pickins. I certainly wont be shorting even if it breaks down. Some things are better left alone.....
"Millionaires don't use astrology, billionaires do"
  • #177,676
  • May 17, 2009 4:06pm May 17, 2009 4:06pm
Quoting Monk
Has anyone's broker changed their leverage reduction?

One of mine just went from 400:1 to 100:1 this last friday

Is this the next step after getting rid of hedging?

Seems like the NFA is on a tear to kill retail trading.
why would you ever use 400 or even 100 leverage. 10:1 is too much imho
  • #177,677
  • May 17, 2009 4:10pm May 17, 2009 4:10pm
Quoting Monk
Has anyone's broker changed their leverage reduction?

One of mine just went from 400:1 to 100:1 this last friday

Is this the next step after getting rid of hedging?

Seems like the NFA is on a tear to kill retail trading.
bro,in this recession filled period,where do you think people who lost there job's are jumping into..fx of coz..and it eats them evryday..i just want to make as much pip's as possible b/4 they ban fx
Imanuel Parsifal
  • #177,678
  • May 17, 2009 4:11pm May 17, 2009 4:11pm
gbpjpy 4hr chart:

I've been working over the weekend on getting the coding right on this sweet little beauty. Almost there... lol

Looks like Geppy has a bit more down to go, then a bounce perhaps?
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.gif Size: 20 KB
  • #177,679
  • May 17, 2009 4:13pm May 17, 2009 4:13pm
Quoting OrionsWay
Covered like a bandit additions,after i took a bunch from you. still holding a cpl of them additions to the main, But we'll have to see what kind of carnage is available for the pickins. I certainly wont be shorting even if it breaks down. Some things are better left alone.....
yeah,if you miss the train,better don't chase after it..you cant fight what you can't catch or see..any gann showering 2day bro..
Imanuel Parsifal
  • #177,680
  • May 17, 2009 4:13pm May 17, 2009 4:13pm
Quoting lexazver
why would you ever use 400 or even 100 leverage. 10:1 is too much imho
Is that what you use? 10:1 or if that is to much in your opinion....maybe you use 5:1?

So to trade lets say a nominal 50K position you would have to have margin of 10,000 available. Sticking to the rule of only risking lets say 2% of your account you then need 500,000 in your account to place this one trade.

having that much cash in an account to make one trade of a half lot at one time in my opinion would not be a "retail trader"
--post hoc ergo propter hoc--
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