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TraderStar replied Sep 30, 2008I don't see this on the 1 HR .. can you post a chart?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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TraderStar replied Sep 30, 2008it knows you are there
What is your t/p for the other half? 190.90, or higher? Reading up on divergences, I have a chart now on desktop, not rocket science but I can now see their value. malcomb showed me the divergences on RSI, and I was ...Auslanco - GBP/JPY and GBP/USD (newstrade)
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TraderStar replied Sep 30, 2008I broke for some sleep (east coast here) but have spend last 30 minutes playing catchup on the night's trading. Wild stuff, but a great time to learn
I am really beginning to 'see' what you explained last night, I even spotted 2 divergences on my ...Auslanco - GBP/JPY and GBP/USD (newstrade)
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TraderStar replied Sep 30, 2008Hmm .. didn't know gann could work on the 1 minute .. this is interesting. I still do not see the hidden divergence, but will re-read up about it on BP & hopefully it will sink in. Your trade is going great now

Auslanco - GBP/JPY and GBP/USD (newstrade)
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TraderStar replied Sep 30, 2008Just got an email with Penson, I used to have an account there, not anymore .. but they are saying they now require 100% margin for the following: CMA - COMERICA INC FITB - FIFTH THIRD BANCORP KEY - KEYCORP NCC - NATIONAL CITY CORP So I guess these ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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TraderStar replied Sep 30, 2008Ok, now that makes sense. I've read all the stuff there, but I will review!
Yes .. I can see, no substitute for experience .. and I am getting better at it, or maybe .. I suck less
Thanks so much for your input.Auslanco - GBP/JPY and GBP/USD (newstrade)
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TraderStar replied Sep 29, 2008You're talking about the long bullish engulfing one at 4:40 am UK time? How do you know to target the 50 ema on the 15 min? Why that? That is what seems almost magical to me when I hear the successful scalpers make their calls .. each time it seems ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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TraderStar replied Sep 29, 2008What do you mean by classic or hidden divergence? What are MACD settings .. the standard 12-26-9 seem too slow for the 5 min ??
Auslanco - GBP/JPY and GBP/USD (newstrade)
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TraderStar replied Sep 29, 2008I'll pass on the porn .. but thanks lilmoe. I will try those indicators.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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TraderStar replied Sep 29, 2008I have a question about scalping. I am practicing, trying to learn the best strategies. I have a micro account set up for that purpose, just a couple hundred dollars, it is not an issue if I lose, this is just for practice. What are favorite ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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TraderStar replied Sep 29, 2008Last info on Bloomberg was $5 trillion, not 53

Auslanco - GBP/JPY and GBP/USD (newstrade)
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TraderStar replied Sep 29, 2008Not declared yet, some sources say they are setting us up for it.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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TraderStar replied Sep 29, 2008Constitution?? Oh, you mean that document they now use in the Capitol Hill bathrooms....
Auslanco - GBP/JPY and GBP/USD (newstrade)
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TraderStar replied Sep 29, 2008Fire Paulson, jail Greenspan, draft a sane bill and start again. And don't lie to us .. it will cost $5 trillion, not 700 billion (Bill Gates could write a personal check for that .. as probably could several in this thread

)Auslanco - GBP/JPY and GBP/USD (newstrade)
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TraderStar replied Sep 29, 2008There is mounting opposition for it at the moment, some congressmen are saying it may not pass ... of course whether it passes or not, the outcome will be the same .. you can't put a tiny bandaid on a large gushing wound and expect it to stop ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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TraderStar replied Sep 29, 2008My sources say No Ask again later (for those who have used the 8 ball....)
Auslanco - GBP/JPY and GBP/USD (newstrade)
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TraderStar replied Sep 29, 2008Go back over your last month's worth of trades and analyze every losing one, why did it lose? Then from now on, when you make a trade, write down the reason for it, your tp, sl and why. That's about all I can think of, there is no magic formula that ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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TraderStar replied Sep 29, 2008Are you trading a micro account? If not, that is the one you need to be in so you can take the losses until things turn around. It can take 6-12 months or more to learn to generate profits on a fairly consistent basis. Don't lose all your money ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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TraderStar replied Sep 29, 2008OK, are there still any bulls in here??? bigcoupe, thanks for that info on the spike, I was wondering what goosed her.
Auslanco - GBP/JPY and GBP/USD (newstrade)