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Jacko's Forex House of Pleasure and Pain

I always followed your posts on dailyfx, i'll watch this thread too.

Breeze....Update on GBP/JPY

^^I may just do that.^^ I know a lot of people don't think trading is gambling but I have four long positions open on gbp/jpy and three opened on gbp/usd and will be holding through the news. Sure feels like gambling to me.

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

Calendar says you are correct.

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

My charts seem like yours. Who is your broker? I'm with IBFX.

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

Yes daylight savings time ends for the US on 11-04. Edit - I would have thought IBFX would be open now as the New Zealand session is underway.

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

url Looks like markets should be open for bidness in 19 minutes.

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

url I use that link to follow prices over the weekend.

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

I wonder if the Japanese markets have a plunge protection team heh.

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

Another one... Washington Mutual Inc., the biggest U.S. savings and loan, said third-quarter net income fell about 75 percent because of ``a weakening housing market and disruptions in the secondary market.''

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

DJIA futures minus 55 now. If the Nikkei tanks that should carry over to Europe and then more US selling.

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

Same here. I have been with IBFX for over a year now and no complaints.

Your experience with 'InterbankFX'

That's for Exxon Mobile. For oil look for #cl.

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

I just created a demo with north finance and I think I remember them having 400:1. I don't know if the real account has that type of leverage but you could check it out. My live account is with Interbankfx and they only offer 200:1.

i want 400:1 or 500:1 leverage with metatrader platform

I agree with you. Why short this?

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

Well the first 8 months of trading I had no method and lost big time, since July I have been sticking with a new method and have been in profit. I was able to increase my account by 80% just from the carry unwinds back in August using the extra ...

What kind of Money Management rules do you have?

I risk 4% on normal trades but during times when the carry trades are unwinding as they were back in August I will risk 25-30%.

What kind of Money Management rules do you have?

Thanks for the explanation.

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

What does that mean?

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

When you have enough trades under your belt following your method you won't fear anything because you know if you lose this trade your method will bring you another opportunity to trade at least that is the case for me.

Fear