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- rgitt05 replied Sep 25, 2008
Common Sense Analysis, Protection and Profits ... — Common Sense Analysis, Protection and Profits ... by Larry Edelson You're not going to like what I have to say in this issue. But I'm just going to tell it like it is. No spin. Just common ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 24, 2008
Best time to trade and pips to make —
url If you can average 30 pips per pair you can make more pips than one pair.. Do the math!!!Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 24, 2008
Excellent observation Godfrey!! This strategy was originally for the major pairs...I realized that the cross pairs will require a bigger target due to the volatility and spread.. I figured if someone comes up with an average pips as a target it ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 24, 2008
Broke out of consolidation range — First target is 200 range based on the 76.8% retracement and S/R area. Be careful on the price action..There is still alot of speculation on the bailout deal...The charts are screaming long based on the ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 24, 2008
Here is a good read about price movement.. I posted earlier on the board...I use the grid trading for these pairs..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 24, 2008
Hi Mike, I take short naps in between trading times and when nothing else is going on I get some sleep until my alert goes off on my computer. I makeup the sleep on the weekends..The rentals cost me over $1200 dollars for the weekend and it was a ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 24, 2008
This explain the GJ breakout — Who said that fundamentals have nothing to do with price action?

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 24, 2008
Anything to help the newbies get closer to their goals..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 23, 2008
that explain the gas shortage..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 23, 2008
Hi Mike , I rented that car over the weekend to encourage me what I am trading for..I actually have a Mercedes Benz E 350 4matic 2008 Black and 2007 Z4 BMW. One pip at a time you can have one too..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 23, 2008
Hi Mike, I posted that idea for newbies 11 hrs ago..It great to see your post.. url
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 23, 2008
Fundamentals — Financials stocks went up after market close.. Inside information to me.. Warren Buffett's Berkshire Hathaway says it will invest $5 billion in Goldman Sachs.
Fear to the traders so the big wigs can buy the shares at ...Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 23, 2008
I know some people are not fundamental traders but it have some impact which way the GJ will go...The dow market ended in the RED...The US Sen. Dodd says current Paulson plan is not acceptable ... More negative news.. The asian market was closed ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 23, 2008
I started this way when I as a newbie...Look for a strong breakout setup and set an order for 30 to 50 pips..You can get better results on higher TF... Stick with the strategy..After you made your pips, turn off the computer.. I have one account ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 23, 2008
No because I have an order on both side to capture the retracement.. I use this system on a ranging market..It's like scalping but I don't have to watch the price action to capture movement...Place a 10 to 30 pip grid in the GJ and set my orders ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 23, 2008
Study more, do not rush, do not get greedy, patient, patient… — THE STRATEGY Study more, do not rush, do not get greedy, patient, patient… The successful in FOREX is not how many trades you gain per-day, neither how much pips you gain per ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 23, 2008
Grid Trading — Lets assume eur/usd is currently at 1.3000. spread not included for simplicity. Buy @ 1.3010, 1.3020, 1.3030 etc. Take profit every 10 pips 20,30,40 etc. Sell @ 1.2990, 1.2980, 1.2970 etc. Talke profit every 10 pips 80,70,60 ...
Auslanco - GBP/JPY and GBP/USD (newstrade)