Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 10983 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/JPY, GBP/USD

Similar Threads

Auslanco-GBP/JPY Strength Indicator strategy 345 replies

Auslanco 15min GBP/JPY startegy 630 replies

My MT4 indicators for Auslanco's strategy 92 replies

Auslanco 15 minute Strategy Oanda FXManager Updates.. 62 replies

Questions About Auslanco's Trades 72 replies

Attachments: Auslanco - GBP/JPY and GBP/USD (newstrade)
Exit Attachments

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

  • #219,641
  • Mar 28, 2010 10:30pm Mar 28, 2010 10:30pm
Hey Killer you mis-read my message..it was a gift read your pm again..
Dean



Quoting KillerWhale
I wish I was there already. Maybe 2 years from now. I keep building my account.

Shamu
  • #219,642
  • Mar 28, 2010 10:39pm Mar 28, 2010 10:39pm
Yes for sure being right more times than wrong is needed to make a profit. However there are things you must do to secure your money with Forex trading.
what these things are is not really important .
What is important are rules that you make up on your own.
Then you need a attitude that I would rather die then break any of my rules.
You see no one knows you like yourself it's not possible so the need to be 100% honest with yourself and make your rules that cover all your weak parts.

For example one of my rules is when I make a $1000 in one day I close up shop and do not trade or even watch anymore trading until the next day.One of the secrets of making profits and keeping it is making your own rules because traders will always loose sooner or later if their rules are not in play.
This is easier said than done but it's for that very reason it works like a charm.

Happy trading
Dean


Quoting Beljevina
NP, wasn't sure, but sounds like we're on the same page ... the feeling of blowing accounts is in no way nice, but it does helps shape, harden and educate you like no theory or heck demo can ... I cannot expect to ride the full waves of profits - when I try, it turns out no better and sometimes worse than riding half or 2/3's of a trend. Bottom line is you remember - and sometimes feel - the losses for a long time, but profits, even if small, are completely positive in all ways. And I always say, fx trading is not a charity - they will screw you...
  • #219,643
  • Mar 28, 2010 11:16pm Mar 28, 2010 11:16pm
Good Morning All,
This time to early for make a choice..
  • #219,644
  • Mar 28, 2010 11:35pm Mar 28, 2010 11:35pm
gj15m
Attached Image
  • #219,645
  • Mar 28, 2010 11:43pm Mar 28, 2010 11:43pm
Hi,

Your charts are always too small for me for some reason your charts stay the same size and do not expand?
thanks
Dean



Quoting naatha
gj15m
  • #219,646
  • Mar 28, 2010 11:52pm Mar 28, 2010 11:52pm
Quoting dean walker
Hi,

Your charts are always too small for me for some reason your charts stay the same size and do not expand?
thanks
Dean
thats coz he saves the image as 800x600 instead of 1920x1080
  • #219,647
  • Mar 28, 2010 11:55pm Mar 28, 2010 11:55pm
Ok but why?
Thanks
Dean


Quoting Eulogy
thats coz he saves the image as 800x600 instead of 1920x1080
  • #219,648
  • Mar 29, 2010 12:01am Mar 29, 2010 12:01am
gj15m
Attached Image (click to enlarge)
Click to Enlarge Name: gj15m1gif.jpg Size: 195 KB
  • #219,649
  • Mar 29, 2010 12:05am Mar 29, 2010 12:05am
much much better
thanks I can read it now..
Dean

Quoting naatha
gj15m
  • #219,650
  • Mar 29, 2010 2:31am Mar 29, 2010 2:31am
Possible resistance level:

UJ: 92.80 + 15
GU: 1.50 + 25

If so, possible short GJ around 139.2 ?
Don't be a hero. Don't have an ego. Always question yourself
  • #219,651
  • Mar 29, 2010 2:36am Mar 29, 2010 2:36am
Quoting USD-Bear
Possible resistance level:

UJ: 92.80 + 15
GU: 1.50 + 25

If so, possible short GJ around 139.2 ?
Why why why why WHY??? I've been saying this over and over... there is no reason to short right now. Everyone was telling me I was wrong... but I wasn't and we're breaking higher. Yes, short term shorts can be fine in this uptrend but it's crazy trying to pick a top.
check out my blog: forexmademillionaire dot com
  • #219,652
  • Mar 29, 2010 2:37am Mar 29, 2010 2:37am
Bears seem to be on a long vacation
Quoting USD-Bear
Possible resistance level:

UJ: 92.80 + 15
GU: 1.50 + 25

If so, possible short GJ around 139.2 ?
  • #219,653
  • Mar 29, 2010 2:41am Mar 29, 2010 2:41am
Isnt the uptrend getting exhausted though?

Quoting Geppy
Why why why why WHY??? I've been saying this over and over... there is no reason to short right now. Everyone was telling me I was wrong... but I wasn't and we're breaking higher. Yes, short term shorts can be fine in this uptrend but it's crazy trying to pick a top.
  • #219,654
  • Mar 29, 2010 2:43am Mar 29, 2010 2:43am
Quoting dean walker
Yes for sure being right more times than wrong is needed to make a profit.
Dean
I stopped reading your post after this first line... probably the biggest misconception anyone could have. YIKES!
check out my blog: forexmademillionaire dot com
  • #219,655
  • Mar 29, 2010 2:44am Mar 29, 2010 2:44am
Quoting shiva
Isnt the uptrend getting exhausted though?
I don't know, nor care. When it's over I'll see it... when I see it I'll start shorting... until then I'll make money with longs. Just closed out my longs, gonna see what happens from here.
check out my blog: forexmademillionaire dot com
  • #219,656
  • Mar 29, 2010 2:47am Mar 29, 2010 2:47am
Quoting Geppy
Why why why why WHY??? I've been saying this over and over... there is no reason to short right now. Everyone was telling me I was wrong... but I wasn't and we're breaking higher. Yes, short term shorts can be fine in this uptrend but it's crazy trying to pick a top.
Yes Geppy you were right on the spot, hats off, no top in GU, you are prob right lets see where it ends....
Don't be a hero. Don't have an ego. Always question yourself
  • #219,657
  • Mar 29, 2010 2:48am Mar 29, 2010 2:48am
Quoting Geppy
Why why why why WHY??? I've been saying this over and over... there is no reason to short right now. Everyone was telling me I was wrong... but I wasn't and we're breaking higher. Yes, short term shorts can be fine in this uptrend but it's crazy trying to pick a top.
I agree with Geppy, i think it's mad to try and short this GY - i think we will see some risk appetite for a while.

Go with what you see - just my 2 cents woth,
cheers.
  • #219,658
  • Mar 29, 2010 2:55am Mar 29, 2010 2:55am
Quoting USD-Bear
Yes Geppy you were right on the spot, hats off, no top in GU, you are prob right lets see where it ends....
I don't care about being right... honestly I don't. I care about seeing both sides of this things so nobody losses their ass in here (I like you guys). Always try to be objective and when EVERYONE seems to be calling for one direction that should be a red flag to look at the other.

As far as shorting... I'm all for it when the time is right. Right now, the name of the game is the bull and I won't forget that. I'll take temporary shorts on retracements and consolidation but only until price says it's time to buy again.

Right now I'm not shorting but actually flat. I'll wait for signs of a retracement, short, and then buy the trough once again.

Happy trading guys... headed to bed finally!
check out my blog: forexmademillionaire dot com
  • #219,659
  • Mar 29, 2010 2:55am Mar 29, 2010 2:55am
Is there a reason to uptrend again at 139.16, i dont thing so, I thing now, the uptrend has finish.., well it time to go to 136.00

Good luck all.
  • #219,660
  • Mar 29, 2010 2:58am Mar 29, 2010 2:58am
It was crazy shorting all yen pairs when usdjpy was consolidating at the 90.00 level ....we all saw that everydips below the 90 level were heavily bought ...the breakout had to come soon or later
I'll probably won't do much with jpy this week until friday's NFP
COT: The precious data ignored
115 traders viewing now