yeah, I know what you mean, I have my SL's in place and I will not get too comfortable when this is all over. I learned my lesson's from the past. Money management.

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

Thanks but the credit goes to Aus, Karm, Markam and everyone else who re-enforced what I already knew and taught me a whole lot more. I still have a lot to learn and that is what I am here for.

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

yeah, it is...lol A $5000.00 account on monday is worth over $59,000 as of right now. Enough to pay pay my student loans.

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

Absolutley, The Europeans left scratching their heads today. New York is still open. Everyone is running scared. It can drop a whole lot more.

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

195 — 195 doesn't seem so far away.

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

I wouldn't say greed. I already have a large enough cushion in stop losses set in place. I have been waiting for this monet for a very long time. I have been yelling @ the top of my lungs for the past few years (at my freinds and relatives) that ...

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

They are just delaying the inevitable!

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

No need to brother, I can't even begin to count how many pips I've made. I have been short on all of yen crosses including nzd/usd, aud/usd and gbp/usd since monday. I am not even going to count how many pips. Great Job Everyone! May we all retire ...

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

yeah, I know, Time to take back what the big guys have been taking from the little guys for so long.

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

In general, when traders start having adverse movements against their position, many tend to increase the size of their position with the purpose to average down their entry price in one last attempt to recover from previous losses. However, in the ...

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

You never know but I do know this much, Japan is an export nation from electronics to cars. If their currency is too strong, it will hurt their exports and slow down their economy. They have done it numerous times before where they went out and ...

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

What the Hell happened? Armageddon? Nuclear Strike? — I left for the United Kingdom last night. My $5000.00 account is worth over $38,000.00. Yeah, I have been short on all the yen crosses (Since Monday) but wasn't expecting anything like ...

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

Yeah, they should start a thread called "The Looney Tunes" or better yet, 'The Three Stooges".

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

Maybe YoYo is really "Angler" or "WWWIN"?

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

I'm with you brother !

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

I'm totally with you!

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

Greed, wishful thinking, etc..... I think?

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

The Federal Reserve injected $16 Billion. (CNBC)

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

If the US drops their rates to 4% by September (or earlier), we could see Japan dropping their rates to 0.25% or even 0%. We'll wait and see what happens. Sub-prime is much worse than people know. Ask those people in the Large Metropolitan cities ...

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

Yeah, i know what you mean. I didn't loose money by going against the trend but rather do to money management.

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