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malcolmb14 replied Mar 2, 2008consolidation — It is just taking a breather.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Mar 2, 2008Dubai — Dubai is awesome ... really hot but awesome. I lived there for 4 years back in the early 90's and owuld love to go back and see how it has chnaged over the last 15 years.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Mar 2, 2008Fill the gap — Most of the time we do fill the gap on a Sunday. But the gbpjpy has not been doing anything it typically does this week. Indicators are grossly oversold on multiple time frames, yet it still keeps going down. So will it fill the ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Mar 2, 2008the rules are... — It is suppoed to be 2% risk..... so that will dtermine the size of your trade. I started with 10k. I traded 1 k lots.... did not manage the rsik very well , but had a good trading style that seems to be 85% accurate. I ran ...
GBPJPY scalpers
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malcolmb14 replied Mar 2, 2008Issues posting charts — I used to be able to upload charts as picture file but cannot now. Why is this. Can anyone help please
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Mar 2, 2008I agree — Interesting thought provoking posting.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Mar 2, 2008Nice charting — Nice charting . If you want to take a little long ride gbpjpy wait till we get a higher low on the 5 min , this could be the beginning of a bear flag , like the one we had Friday for a while. Right now we broke the 100 % fib on ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Mar 2, 2008I started with smaller account — I started trading 1 lot , then 2 , then 4 , now trade 10 lots. I do not believe in the 2% account rule where you only risk 2 % of your account. Yes it is possible to turn 10 k into 400 k in one year.
Cable Update (GBPUSD)
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malcolmb14 replied Mar 2, 2008Lucky guy — I am a daytrader. I do position trade but not that often as there is WAY more pips to be made day trading. On GBPJPY Friday there was about 400. My fav pair is the beast GBPJPY. I also trade the e mini futures that make the beast ...
Cable Update (GBPUSD)
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malcolmb14 replied Mar 2, 2008LOL — We are still wave 3....and this has yet to complete. Note eurjpy is about to start wave three down ..this is the most powerful wave.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Mar 2, 2008I agree — The only one thing wrong with this, is that the way I understand EW theory is that it sis 3 waves down and 5 waves up
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Mar 2, 2008Wathc the bull flag — 4 hour looks like perfect bull flag, with a bullish 10 / 20 and 50 sma stack ( when the 10 is over the 20 and 20 over the 50). A break of this flag is at 1.9900. I would post a chart but seem unable to upload pictures ...
Cable Update (GBPUSD)
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malcolmb14 replied Mar 2, 2008Interesting — Intresting comment how you cracked stocks and got bored of it. Isn't that what we all aspire to as traders .. to find the perfect system. Imagine how many others you could help if you were making millions a year. There are lots ...
Cable Update (GBPUSD)
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malcolmb14 replied Mar 1, 2008Call it a double test — Double bottoms and tops can be seen on any time frame . lets call is a double test for sake of arguement. You might have entered the long to early. Sometimes it is safer to wait for the confirmation of the entry on a ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Mar 1, 2008Nice charts — Love the charting. My tools are open range breakouts , moving averages , RSI (main one) linear regression channel (one can play those bad boys off a 1 min chart) . As long as we make money who cares how you do it.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Mar 1, 2008response and something new — 1) Stop is typically 50 pips. I do use this technique on the 2 min , but the entry is a little different and has to be used with support and resistance lines. For example plot the bear flag that formed on Friday on ...
GBPJPY scalpers
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malcolmb14 replied Mar 1, 2008gold and forex — There is a company called concept forex that actually have developed a gold indicator for esignal that you can plot on forex charts .. cool right.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Mar 1, 2008A comment — Although the analysis of scrat is somewhat correct .. there is also correlation between bonds , oil futures , usd and markets. I touched on these in another posting. USDJPY is a carry trade. Net longs like it as they get the ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Mar 1, 2008[quote=currinexfx;1878760] Yes the trigger is not generated till the close of the bar.
GBPJPY scalpers
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malcolmb14 replied Mar 1, 2008Best Indicator out there — The BEST indictor out there is those old chicken bones. Throw them down and they will tell you every thing you need to know.!!1

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