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malcolmb14 replied Mar 3, 2008I did not trade gbpjpy — I did not trade GBPJPY Instead I was playing the YM ( dj-30 futures) . They moved almost 500 points today in nice waves up and down. The YM makes the beast GBPJPY look like a pussy cat !!
GBPJPY scalpers
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malcolmb14 replied Mar 3, 2008Nav ... here is my 4 hour — Nav This might give you a clue as to direction Look at that bearish div on the rsi on the 4 hour at the double top. I think break down support of 1.9800. Also there is hidden bearish divergence in the lows in the ...
Cable Update (GBPUSD)
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malcolmb14 replied Mar 3, 2008You are doing well — You must be going hard. It is only 2 days into March and you have 534 pips already.
Cable Update (GBPUSD)
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malcolmb14 replied Mar 3, 2008One thing — One thing to remember TRADE TO TRADE WELL .... do not think about the money. If you trade to trade well the profits roll in
Cable Update (GBPUSD)
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malcolmb14 replied Mar 3, 2008Keep it simple — Nav .... keep it simple Here is a nice simple trade... break out of channel on a 5 min. 1.9870 target on this trade. I played this one as I happened to be eating lunch and came across it. image
Cable Update (GBPUSD)
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malcolmb14 replied Mar 3, 2008Trading journal — Keep a trading journal . it helps. Note why you enter a trade , your targets, . Give your trades grades. Study the ones that got C . Those would be the losing ones.
Cable Update (GBPUSD)
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malcolmb14 replied Mar 3, 2008scalping — I day trade currency futures ( less commission than forex) and more regulated. To a scalper it does not matter what the overall trend is doing or if there is a market collapse coming. I as a scalper will spend the least time in the ...
Cable Update (GBPUSD)
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malcolmb14 replied Mar 3, 20082 min chart — 2 min chart from today ..... hope everyone had a great day image
GBPJPY scalpers
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malcolmb14 replied Mar 3, 2008been trading the dj — Been trading the dj (YM) emini. Only moved 240 points this morning so far ... down 120 and up 120 ..I caught some but not all off a 2 min using rsi
GBPJPY scalpers
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malcolmb14 replied Mar 3, 2008Nice trading — Awesome trading. Looks all set to close gap. On the 5 min there is an ascending triangle with a top at 205 ish
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Mar 3, 2008ah solved it — I was using firefox ..... thought maybe it is the browser. So i opened forex factory in explorer. Now the paper clip is there We have an ascending triangle on the 5min , top at 205 ish. There is an rsi sell trigger with an entry ...
GBPJPY scalpers
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malcolmb14 replied Mar 3, 2008Adding charts — Good morning .. looks like you all had fun overnight I seem unable to add charts. I used to have a litte papaer clip that allowed me to manage attachements and form there I could upload pictures. Can anyone tell me how to ...
GBPJPY scalpers
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malcolmb14 replied Mar 2, 2008who me ??? — I have traded 7 times tonight both long and short . One thing I do not do is get married to my positions. I just went short off 204.80 to see if we get that range bottom again at 204.40 on a 2 min chart I have had one position ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Mar 2, 2008Not if you were trading in the direction of the straight down it would not be ...what is boring about your account having money added to it a fast rate of knots ?
All the sellers need is buyers... and there seems to be lots of them out there ...Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Mar 2, 2008Turning ? — I have it in range still 204.4 to 204.8
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Mar 2, 2008Depends on time frame — Today I have been scalping off the 2 min,,, been buying off 204.4 , CAR at top of descending triangle. When these chart patterns form on small time frames with a 60 - 40 pips range it makes for fun trading. Friday the ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Mar 2, 2008Simple questions — Plot a 10 sma on a 60 min chart. Would it not be safer to go long on the 2nd 60 min bar if the 1st one broke thru the 10 sma to the upside and the 2nd bar gets a price 20 pips higher than the bar that broke thru the 10 sma ? ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Mar 2, 2008Let me get this right — You are long off support here , targets 206.63 and 207.94
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Mar 2, 2008Have you guy looked at ? — The 2 min chart ..... look at that descending trianlge forming over the last 2 hours . Typically this says down.
Auslanco - GBP/JPY and GBP/USD (newstrade)