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- Monk replied May 17, 2009
Is that what you use? 10:1 or if that is to much in your opinion....maybe you use 5:1? So to trade lets say a nominal 50K position you would have to have margin of 10,000 available. Sticking to the rule of only risking lets say 2% of your account ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Monk replied May 17, 2009
Leverage Reduction — Has anyone's broker changed their leverage reduction? One of mine just went from 400:1 to 100:1 this last friday Is this the next step after getting rid of hedging? Seems like the NFA is on a tear to kill retail trading.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Monk replied May 14, 2009
out of curiousity....why didn't you exit your shorts on that first run up from 4400 area back towards 4500? you exited on the second run up....but not the first time. just wondering why
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Monk replied May 13, 2009
last night around 1:00 am EST the drop started from 4800.....maybe we get lucky again see the same thing from around the 4500 area..... stops now at 4500.....4300 or bust.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Monk replied May 13, 2009
i was talking about the 90 pip bounce off of 4400....but all the same
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Monk replied May 13, 2009
darn it — i leave the computer for an hour and bunch of non sense happens
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Monk replied May 13, 2009
p — patience pills.......hard to swallow....but once you get them down they are good stuff can i hold for another 400 pips......
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Monk replied May 13, 2009
see....now when moves like this happen....i always wonder...."what were they (whoever they are) waiting on?" Why now at 2:48 PM EST do they decide to drop the price 50+ pips?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Monk replied May 13, 2009
Hedging Policy — I was off the last several weeks and missed the discussion concerning the new policy on hedging. Can someone give it to me in a nutshell why the regulators have banned hedging?? One of my brokers offered to open accounts in ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Monk replied May 13, 2009
never trade without first having coffee!!! — woke up...sat down....thought....wow....looks like a nice retrace coming off of 145 area....clicked the buy button....to then realize i shorted!!!!! thanky to the forex gods for that hard rejection ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Monk replied Apr 20, 2009
Bottom Bottom..... — can't find a bottom.....no matter how hard i look
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Monk replied Apr 13, 2009
lets see what 3300 does..... was just saying the same damn thing about 3400 just 7 hours ago.
EURUSD
- Monk replied Apr 13, 2009
whats funny is that last spike up to 3380 area right before asia....i thought....hmmmm....maybe they make one last drive higher before selling it. should have listened and at least closed my longs there. now short from 3340 short term target of 3300 ...
EURUSD