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

  • #189,661
  • Aug 19, 2009 2:49am Aug 19, 2009 2:49am
Quoting Raza
Shukria ke kya baat hay..!!
I had my tp at 154.5 but changed to 155.16 (cause of you ) and I needed couple of hours of sleep.

A little retrace is needed.!!!
None the wiser!
  • #189,662
  • Aug 19, 2009 2:51am Aug 19, 2009 2:51am
In my opinion GJ is destinesd for bigger falls for 1000 pips .The recent surge in Equity markets were based on Demand from China but with the recent falls in china markets all over the world were jittery and today China fell 20% from the recent highs which made it fall into Bear market territory This should have major effect on equity markets in europe and US coupled with fact that after better than expected NFP report the economic data the preceding week is significantly week giving rise to concerns that Equity markets are far ahead of them selves and in currencies Sterling has gone far ahead of economic conditions and with BOE continuing Quantative Easing sterling should suffer more. Time scenario i am looking is 4 to 6 weeks lets see how it plays out
  • #189,663
  • Aug 19, 2009 2:54am Aug 19, 2009 2:54am
Quoting Raza
Good to Buy if you can Afford 150 pips stop loss..draw down.

keep it up..we are learning from you
MY OPINION NOT FINANCIAL ADVISE
  • #189,664
  • Aug 19, 2009 2:57am Aug 19, 2009 2:57am
Quoting Raza
Good to Buy if you can Afford 150 pips stop loss..draw down.
i have mini account of $500 bro, so cant afford st loss of 150 pips.....
it would b better to stay out then... is it??
  • #189,665
  • Aug 19, 2009 2:57am Aug 19, 2009 2:57am
Quoting donfriday
keep it up..we are learning from you
What ever man.. I am learning...too
Markets are not Random, they are designed!
  • #189,666
  • Aug 19, 2009 3:04am Aug 19, 2009 3:04am
Quoting elixerripple
i have mini account of $500 bro, so cant afford st loss of 150 pips.....
it would b better to stay out then... is it??


if u want to trade GJ u should not be scared of 150pips...or u detect ur entry at bottom or top with just 30-50sl.....
MY OPINION NOT FINANCIAL ADVISE
  • #189,667
  • Aug 19, 2009 3:05am Aug 19, 2009 3:05am
Quoting Raza
Its because I have A Day off today.....You are welcome..

Shukria ke kya baat hay..!!
hey hey hey,
please english mein baat karo bhaion aur behnon

no udu here
Don't compare your Trades with Others
  • #189,668
  • Aug 19, 2009 3:06am Aug 19, 2009 3:06am
Quoting shabane1
what happen after "MPC Meeting Minutes"
is it useful for up?
  • #189,669
  • Aug 19, 2009 3:11am Aug 19, 2009 3:11am
Quoting elixerripple
i have mini account of $500 bro, so cant afford st loss of 150 pips.....
it would b better to stay out then... is it??
Trust me! Mini accounts get blown up in no time. I have had the experience many times over. Wait for a better spot and read the post from a few pages back about GREED. Honestly, you will be better for it. I certainly took notice I will Inshallah try to supress my greed at every turn of the chart/indicator.
Good luck!
None the wiser!
  • #189,670
  • Aug 19, 2009 3:19am Aug 19, 2009 3:19am
Quoting FxClown
Trust me! Mini accounts get blown up in no time. I have had the experience many times over. Wait for a better spot and read the post from a few pages back about GREED. Honestly, you will be better for it. I certainly took notice I will Inshallah try to supress my greed at every turn of the chart/indicator.
Good luck!
wrong

i have traded with $5 and increased it over time.

accounts get blown because of your trading method, not because of your balance, even if you had a million dollars the defective method will still blow it

a good method is one which can turn even $1 into $100
  • #189,671
  • Edited 3:37am Aug 19, 2009 3:22am | Edited 3:37am
Quoting forexlion
wrong

i have traded with $5 and increased it over time.

accounts get blown because of your trading method, not because of your balance, even if you had a million dollars the defective method will still blow it

a good method is one which can turn even $1 into $100
Takes 2 years of every day trading or looking at charts.. then you get your diploma...3 year Degree programm.. even then you blow your account.. then its NOt for you..

May be Get someone to Manage it for You....
Markets are not Random, they are designed!
  • #189,672
  • Aug 19, 2009 3:25am Aug 19, 2009 3:25am
Quoting forexlion

accounts get blown because of your trading method, not because of your balance, even if you had a million dollars the defective method will still blow it

a good method is one which can turn even $1 into $100
Thank you and I bow to your better judgement.

"I am just a useless old fool with broken dreams and promises."

Is that from The Wrestler that I just quoted?
None the wiser!
  • #189,673
  • Aug 19, 2009 3:32am Aug 19, 2009 3:32am
King wanted £75B extension. Should be super bearish for Sterling.
  • #189,674
  • Aug 19, 2009 3:32am Aug 19, 2009 3:32am
All in One minute...

WOW.. that was crazy as soon I shorted this 155.52.. it fell what 60

pips...Hidden Bearish Divergence

Fastest pips ever..
Markets are not Random, they are designed!
  • #189,675
  • Aug 19, 2009 3:34am Aug 19, 2009 3:34am
Quoting Raza
WOW.. that was crazy as soon I shorted this 155.52.. it fell what 60

pips...Hidden Bearish Divergence
down..down.down
  • #189,676
  • Aug 19, 2009 3:35am Aug 19, 2009 3:35am
Quoting forexlion
wrong

i have traded with $5 and increased it over time.

accounts get blown because of your trading method, not because of your balance, even if you had a million dollars the defective method will still blow it

a good method is one which can turn even $1 into $100
agreed
MY OPINION NOT FINANCIAL ADVISE
  • #189,677
  • Aug 19, 2009 3:37am Aug 19, 2009 3:37am
Inserted Code
Aug. 19 (Bloomberg) -- Bank of England Governor Mervyn King and two other policy makers were overruled in a push to expand the bank's bond-purchase program to 200 billion pounds ($329 billion) as the majority favored a smaller amount.     
        The nine-member Monetary Policy Committee kept the benchmark interest rate at 0.5 percent and voted 6-3 to raise the total they will spend by 50 billion pounds, according to minutes of the Aug. 6 decision released by the central bank today in London. King, Timothy Besley and David Miles dissented in favor of a 75 billion-pound expansion.

GO DOWN !!!!!!
Trading Forever !!!
  • #189,678
  • Aug 19, 2009 3:39am Aug 19, 2009 3:39am
Quoting Raza
All in One minute...

WOW.. that was crazy as soon I shorted this 155.52.. it fell what 60

pips...Hidden Bearish Divergence

Fastest pips ever..

maybe wee see 1.60 for gbp...
  • #189,679
  • Aug 19, 2009 3:41am Aug 19, 2009 3:41am
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 24 KB
  • #189,680
  • Aug 19, 2009 3:44am Aug 19, 2009 3:44am
Quoting warta
Attachment
That's beautiful. Fibo Arcs! Is it an add for MT4 or is there a setting? I am a newbie to the tool.
None the wiser!
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