At first I wondered what Eulogy was talking about ... then I looked back just a couple of posts and all was clear

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

Went short at 132.08, target 131.78.

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

Got my target.

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

Went short at 132.30, target is 30 pips at 132.00.

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

Went short at 141.80 for 30 pips.

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

Went short at 137.75 for 30 pips.

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

I also recommend New Market Wizards by Jack Schwager. A recurring theme in that book is mental discipline. Having been trading for nearly 2 years now, mental discipline is probably the toughest part of the game. Make rules and stick to them, it's ...

Forex Books you would Recommend

Luckily I live in Tokyo and I just got up

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

I thoroughly agree with you on this point Hertz. I went live early this year when GBP/JPY was around 129 and it was truly easy pickings. I made as many trades as I could, and the pips were flooding in. But from June I realised and actually saw that ...

I do believe my trading is starting to come together

Thanks again for the answers guys, everything is welcome I've got considerably more than $100!! Actually I've been trading live for about 6 months using a system I found on the net, made quite a few pips and a few dollars and have protected it ...

Another carry trade question ...

Doesn't the Aztec calendar finish in 2012 too? Hope it is just a coincidence!!

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

Thanks for the answer Xaron, I really do appreciate it But I spent the afternoon here at work reading all the posts I could about this topic, and finally decided it might be a little early in my FX career to delve into the carry trade yet. I ...

Another carry trade question ...

I also check that site alot over the weekends just out of interests sake. But iit is like Malcolmb said, come the opening of the markets and you'll find that the weekend prices weren't worth stressing over.

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

I'm just watching the election results on tv right now and Aso is being interviewed about the loss. It will be very interesting for us to see what is really going to happen when the markets open this week.

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

So, in the end, everything could be called parasitic? One day I hope to own a Lamboghini, even though that 4 cylinder sedan that does 60 kmph just fine will get me from point A to point B just as reliably. The money outlay for a Lambo would probably ...

The Ethics of Trading - Is Trading Parasitic?

But aren't many modern industries parastic? How much food is enough? A lot of people in 3rd world countries starve, while 1st world people have too much to feed upon. Do we need coca-cola, hamburgers etc. etc? How much does advertising play a role ...

The Ethics of Trading - Is Trading Parasitic?

My first post So if this wealth just got transferred, where did it go? Who got it?

45% world's wealth destroyed