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- PracticalPip replied Feb 15, 2009
Ever read reminiscence of a stock operator? If not, walk away from your monitor right now and go buy a copy. In that book he has many encounters with the "bucket shops" and all the retail FX brokers of today are glorified bucket shops of the ones he ...
EURUSD
- PracticalPip replied Feb 15, 2009
Don't worry bud, if anyone should be worried it's me and I'm not the slightest. I have large long positions in AUD/USD & EUR/USD... I also have a large short in GBP/JPY so the fluctuations in everything (gaps) are kind of canceling each other out. ...
EURUSD
- PracticalPip replied Feb 15, 2009
I don't think it's too daring. If I didn't already have on such a fatty long position, I'd be adding down here. Every chart I look at screams bull to me. I laugh at all these articles by analysts everywhere I've been seeing saying that we're about ...
EURUSD
- PracticalPip replied Feb 15, 2009
I guarantee they did. I took a job with them about a year and a half ago in SF. After a week there and seeing what goes on, I quit. Completely unethical and not something I wanted to be associated with.
EURUSD
- PracticalPip replied Feb 15, 2009
That's because FXCM and most retail brokers are bucket shops. Go with someone legitimate like Interactive Brokers. I GUARANTEE you that they'd have filled your order at current market price.
EURUSD
- PracticalPip replied Feb 15, 2009
I know this is slightly off topic, but anyone have quotes for AUD/USD at this time? Thanks!
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Feb 14, 2009
I just don't see how this pair can go higher... It seems like with the last drop we have a confirmation that the overall downtrend is continuing. I sold into the last rally and am targeting 123.00 or thereabouts. I don't think the G7 will have ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Feb 12, 2009
Nobody else staking short entries? I have one at each fib retracement of the last most down. Final one at 61.8% fibo at 133.36 I'm hoping it goes a bit higher to test the lower trend line of the previous upper trend channel. A test of where that ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Feb 11, 2009
Hey guys, just trying to get a more macro view of what's going on I took a look at the 4hr chart again. Check out where it stalled and retraced during the last big drop (after test of upper trend line). We bounced off this same area last night and ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Feb 11, 2009
I think that's almost exactly my second profit target on my longs

Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Feb 11, 2009
Gosh, even trading forums have bums...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Feb 11, 2009
Guess I was wrong... nice trade!
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Feb 11, 2009
Just my opinion, but I think it's premature... Be sure you use care, this area just above 130.00 should offer fair support.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Feb 11, 2009
I've set shorts for every fib retracement level from last move down starting with 38.2% and up...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Feb 11, 2009
Annnnnnnnnnnnnddddddd BOOM!
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Feb 11, 2009
PA is pausing at these levels just above 130.00 for really the first time tonight. All other times it's been here it's dropped right back down and taken a shot at the lows. It seems to be gearing up for another leg north.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Feb 11, 2009
DOW futures have been climbing, now up 46 points...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Feb 11, 2009
My guess is FF members...

Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Feb 11, 2009
Staying on the sidelines for now... something seems odd, almost feels like a bear trap.
Auslanco - GBP/JPY and GBP/USD (newstrade)