we are following your analysis — disregard his comments. i saw your analysis too late.otherwise i would have spared myself a senseless waste of money. entered at 1.5030 before i saw your post. closed out -12pips. very happy i did. thanks a lot

Cable Update (GBPUSD)

closing price for euro? — please how did euro close?

EURUSD

what profitability is. — if i start a week with 500usd and end it with 4000usd, that to me is profitable trading. If i post an acct showing just a single days trading i can not be talking of profitability can i? if indeed you have been trading ...

Cable Update (GBPUSD)

how does this show profit? — I have been following every post and "learning in silence" but i honestly can not see the profitability in this account. you made over 4000 usd one day what if you lost 15000 the day before? what was your opening ...

Cable Update (GBPUSD)

I have read through this thread and i like what i see. since there is no dumb question, i guess i can ask this.Attached is a 15 minutes chart of GBP/JPY. I see a head and shoulders formation. if it clears 144.50 as the neckline then price should go ...

Nearly Naked (Simple Trades)

sounds like that to me. so whichever gets hit first, you manage the trade accordingly. how clever!

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

old or new, news is news! news comes out and traders react. before the dust settles we're seeing 144. and we start the bull dance all over again!

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

thanks. i understand what you mean from a practical point of view. it's hard to cure an addiction though. but today am on the side lines till us open.thanks again.

Cable Update (GBPUSD)

very true. i have been a victim many times when am scalping.but i have also noticed that when prices go to the moon following a news flash, leak, rumour or whatever; they almost always return to where they were before the madness. this has helped me ...

Cable Update (GBPUSD)

i would consider such a stop loss too tight for todats volatility.might take it out and retrace in the US session.my opinion please.

Cable Update (GBPUSD)

hi, i could'nt just leave without letting you know i was here.at this point in my trading career, consistentcy is what iam trying to achieve. i had just decided on the 20pips plan before i saw this thread.i think getting 20pips a day consistently ...

Greed and how many pips is enough?

thank you to all for the analysis. got tired of Geppy and came over here today. lo and behold 224 pips made but too much left on the table! done till ASIA. i have found a new home.

EURUSD

the market stays irrational longer than you can stay solvent. bottomline is it really depends on your account size and risk appetite.my personal oppininon is to use a stop loss you can afford and let the trade unfold.you can always trade another ...

EURUSD

thanks for the tip.keep in touch with this broker and keep us informed.even when you're right about the direction, it's still nice to have something mitigate the adrenaline as you hit the panic button.

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

nothing has inspired me in this biz as much as this letter. its just as if you were writing this letter to me. thank you very much. i dont understand why i make the mistakes i do but i have learnt a lot from this thread today. i am glad to confirm ...

Success stories

on second thoughts, i decided to close all positions. more opportunities ahead. will wait for a good entry to short again.thanks

Karmo's trading strategy trading GBP/JPY

thanks. i think i'll leave it untill after Bernake's speech.

Karmo's trading strategy trading GBP/JPY

hi karmo, i asked your oppinion in managing a hedged trade. could you please check your thread and post a reply? thanks a lot.

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

hi karmo, i manage to grab 200 pips off that 500pip fall.logged in at 144 thought i could join and it paid off. i put in another short at 140.87. i then decided to read up the auslanco thread to know how the market has been. met the usual. up! no ...

Karmo's trading strategy trading GBP/JPY

Thanks tradestar. i stayed out of trades yesterday and today. but i watch the charts throughout.whatever i scalp and make, i give it back to the market so i will forget scalping for now. i just need more precise entries.

Karmo's trading strategy trading GBP/JPY