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

  • #179,361
  • May 26, 2009 7:42am May 26, 2009 7:42am
Quoting currencyexch
The key is picking the right direction
Something I seem to be having a liitle trouble with

allow pms ..so i can pm you . I want to throw some ideas your way they may help you
Blogging daily now at www.volume.zone
  • #179,362
  • May 26, 2009 7:47am May 26, 2009 7:47am
Quoting malcolmb14
allow pms ..so i can pm you . I want to throw some ideas your way they may help you
I think I'm ggod for PM;s
  • #179,363
  • May 26, 2009 8:04am May 26, 2009 8:04am
Quoting malcolmb14
I did not say i stop at 30 ...lol

looks like we may be getting reversal on 15 min off yesterdays vwap at 150.75 for move down to 150 zone
Attachment

Hi Mal..check ur private mail
MY OPINION NOT FINANCIAL ADVISE
  • #179,364
  • May 26, 2009 8:17am May 26, 2009 8:17am
Quoting malcolmb14
allow pms ..so i can pm you . I want to throw some ideas your way they may help you
Could you please pm me that same info? I like your $2k to $120k in 14 months with 30 pips a day. Consistency .. right?
******************* I'd rather make money than be right.
  • #179,365
  • May 26, 2009 8:26am May 26, 2009 8:26am
Quoting malcolmb14
this is how I trade ...30 pips a day with 2.5% risk per trade will grow 2 k to 120 k within 14 months
Hey bro, will like to put that on an excel sheet and see if it does add up . BTW, are you joking or serious?.

I have heard about turning it into 2K into 20k in a year trading 2%, but 2k into 120k in 14months do sound very pleasing to my ears.
  • #179,366
  • May 26, 2009 8:29am May 26, 2009 8:29am
Quoting malcolmb14
allow pms ..so i can pm you . I want to throw some ideas your way they may help you
Good for PM as well
  • #179,367
  • May 26, 2009 8:30am May 26, 2009 8:30am
Quoting botadufig05
Hey bro, will like to put that on an excel sheet and see if it does add up . BTW, are you joking or serious?.

I have heard about turning it into 2K into 20k in a year trading 2%, but 2k into 120k in 14months do sound very pleasing to my ears.
I think that is a joke, do the math:-). May be he does all-in every trade to make 120k
  • #179,368
  • May 26, 2009 8:32am May 26, 2009 8:32am
Quoting botadufig05
Hey bro, will like to put that on an excel sheet and see if it does add up . BTW, are you joking or serious?.

I have heard about turning it into 2K into 20k in a year trading 2%, but 2k into 120k in 14months do sound very pleasing to my ears.
2 % risk (50 pips per trade) .....with 30 pip profit 2 k to 99 k 16.4 months assuming trading 5 days a week only . You could fats track this if full time trading to 30 pip per session.

today was an 80 pip day on gj and 25 on gu so more than hit target last 1.5 hours

that is the math . However I like to look for 50 to 100 pip trades in this market to give me better r/r

the next thing is the fact that you have 50 pip risk to 30 pip profit target . That one is easy to manage ... just look for the very best set up . There have been days i have sat for 3 hour until i could get that set up
Blogging daily now at www.volume.zone
  • #179,369
  • May 26, 2009 8:35am May 26, 2009 8:35am
run spread sheet for you

Attached File(s)
File Type: xls Book1.xls   64 KB | 637 downloads
Blogging daily now at www.volume.zone
  • #179,370
  • May 26, 2009 8:36am May 26, 2009 8:36am
Quoting malcolmb14
allow pms ..so i can pm you . I want to throw some ideas your way they may help you
are you planning on blowing this bro's there are account,or have you joined forexlion,what have you guyz been smoking lately...i think i could use a chimney load right now..aarrkk!!!...
Imanuel Parsifal
  • #179,371
  • May 26, 2009 8:37am May 26, 2009 8:37am
Quoting Andrew Vu
I think that is a joke, do the math:-). May be he does all-in every trade to make 120k

no joke .. the beauty of compounding ... most forget about compounding

most discount 30 pips ... but do 30 pips every day for the 10 year with 2% risk on account it is about 1.4 % return PER DAY !!!!!!
Blogging daily now at www.volume.zone
  • #179,372
  • May 26, 2009 8:38am May 26, 2009 8:38am
[quote=malcolmb14;2757195]2 % risk (50 pips per trade) .....with 30 pip profit 2 k to 99 k 16.4 months assuming trading 5 days a week only . You could fats track this if full time trading to 30 pip per session.

Every little do really add up indeed. Just thinking of changing into a day trader. Tired of seeing all my 80/100 pips green hit my 10 pips trailing stop or being stop at break even.

Will definitely give it a go and see how i fare trading daily.
  • #179,373
  • May 26, 2009 8:39am May 26, 2009 8:39am
Quoting sycho
are you planning on blowing this bro's there are account,or have you joined forexlion,what have you guyz been smoking lately...i think i could use a chimney load right now..aarrkk!!!...

yeah that is me I like helping traders blow their accounts .... wtf are you talking about .

as far as i can see he is a day trader .... just mentioned follow the 15 min trend , trade on the 5 min in direction of 15 min . If unsure stay out of market .. better to be out than losing money
Blogging daily now at www.volume.zone
  • #179,374
  • May 26, 2009 8:42am May 26, 2009 8:42am
[quote=botadufig05;2757211]
Quoting malcolmb14
2 % risk (50 pips per trade) .....with 30 pip profit 2 k to 99 k 16.4 months assuming trading 5 days a week only . You could fats track this if full time trading to 30 pip per session.

Every little do really add up indeed. Just thinking of changing into a day trader. Tired of seeing all my 80/100 pips green hit my 10 pips trailing stop or being stop at break even.

Will definitely give it a go and see how i fare trading daily.
I had been asked him to do so, he just gives us few good setup a day, that will be good. And in the mean while, we can learn from him. What do you say Malcom?

Help us and help others (be a goodwill to give share your fortunes)
  • #179,375
  • May 26, 2009 8:44am May 26, 2009 8:44am
[quote=botadufig05;2757211]
Quoting malcolmb14
2 % risk (50 pips per trade) .....with 30 pip profit 2 k to 99 k 16.4 months assuming trading 5 days a week only . You could fats track this if full time trading to 30 pip per session.

Every little do really add up indeed. Just thinking of changing into a day trader. Tired of seeing all my 80/100 pips green hit my 10 pips trailing stop or being stop at break even.

Will definitely give it a go and see how i fare trading daily.
nice to hear that sis..it funny how boring long term trade could be,especially if you have nothing else doing,than sitting in front of you 12''..how is the week sis...
Imanuel Parsifal
  • #179,376
  • May 26, 2009 8:46am May 26, 2009 8:46am
Quoting sycho
are you planning on blowing this bro's there are account,or have you joined forexlion,what have you guyz been smoking lately...i think i could use a chimney load right now..aarrkk!!!...
Hello bro, how are you today?

Are the pips rolling in?
  • #179,377
  • May 26, 2009 8:49am May 26, 2009 8:49am
I used to target 30 pips per pair that helped me raise my margin faster years ago.Now I am focus with GJ,GU only

UJ,GU,EJ,GJ target 30-50 pips each pair...potential 120-200 pips per day total

Total: 600-1000 pips per week, 2,400-4,000 pips per month..

It all depends on your GREED..





Quoting malcolmb14
run spread sheet for you

Attachment
[
  • #179,378
  • May 26, 2009 8:50am May 26, 2009 8:50am
[quote=Andrew Vu;2757218]
Quoting botadufig05

I had been asked him to do so, he just gives us few good setup a day, that will be good. And in the mean while, we can learn from him. What do you say Malcom?

Help us and help others (be a goodwill to give share your fortunes)

I used to do one ... $100 per month ... made 300 - 1000 pips per month and all they did was moan that I missed some of the moves. Not only were they making a few pips, but getting some invaluable teaching that would have cost them hundreds in dvd courses. I gave it up , also found it tied me down to much having to be trading at certain times , sometimes once i get one trade , could be in 30 min , I am done for day
Blogging daily now at www.volume.zone
  • #179,379
  • May 26, 2009 8:51am May 26, 2009 8:51am
Quoting rgitt05
I used to target 30 pips per pair that helped me raise my margin faster years ago.Now I am focus with GJ,GU only

UJ,GU,EJ,GJ target 30-50 pips each pair...potential 120-200 pips per day total

Total: 600-1000 pips per week, 2,400-4,000 pips per month..

It all depends on your GREED..

lol what you saying ...you win the greed award ? lol

nice work !!!
Blogging daily now at www.volume.zone
  • #179,380
  • May 26, 2009 8:52am May 26, 2009 8:52am
[quote=sycho;2757223]
Quoting botadufig05
nice to hear that sis..it funny how boring long term trade could be,especially if you have nothing else doing,than sitting in front of you 12''..how is the week sis...
Yeah, you can say it again . I am particularly addicted to trading. At least for now, might change tomorrow
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