hi Jhon Watch for potential bounce at channel ltl 139.8 area. If it breaks below that then 139.36 and lower is on the table. neckline is proving strong atm for candle closes. on mini laptop, not very nice chart.

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

Wormboy brought up a good point. Posting a live trading statement and laying out basic RR would clear up some doubts and give people a better idea of the risk involved. We all measure success differently. If you take a drawdown of 200 pips on a ...

The final Holy Grail

Cheers Vilas, There are a lot of new traders out there who really want to believe in the holy grail and are easily taken in. Someone posting their trades is fine. Posting signals and claiming a 100% success rate is a bit different. Last week his ...

The final Holy Grail

Here's a free trading tip. When you go "short" and the market moves up that is not "profit" When you go "long" and the market moves down, that is not "profit" either. USD/CHF is currently 1.1229. GBP/USD is currently 1.5058. Best of luck with your ...

The final Holy Grail

Lion, Eventually every trade is good. Even Martingale trades if your pockets are deep enough. I guess the question people need to ask themselves is if it fits their budget and can they sustain the drawdown. Especially newbies with small accounts. ...

The final Holy Grail

I agree posting trades in the forum is a chore. Honestly, I don't use metatrader to place trades or have time to trade demo. Besides my personal trading, I manage accounts (and post on FF to kill time between trades) I was going to use a segregated ...

The final Holy Grail

Joe, Learning requires someone sharing useful information so another person can become better at what they do. Anyway, I hope no one got burned too badly. Initially I thought medbs' entries in the statement he posted were similar to a method I ...

The final Holy Grail

First of all, if you reread my first post, there was nothing confrontational about it. I was stating that it is your choice not to post your method and if you are promoting a business that would be logical. Second, it was not my intention to ...

The final Holy Grail

We proposed a reasonable challenge. If you are trading live, then all the better. Let's make it 100% verifiable by using the means I proposed. Everything else is talk. I'm a friendly person, so not interested in arguing. If you're interested in ...

The final Holy Grail

Hit rate is earnings. 100% winning trades on demo with no SL is not the same as a viable live trading system using real money. On a live account I use a SL and I never wait for the markets to come back around. Since we are in this business to make ...

The final Holy Grail

First of all, nothing is 100%. I don't make outrageous claims. Percentages aren't the point, total pips are. Let's say 5000 pips baseline, 20 trading days. Real pips, not based on multiple lots. (I take some days off for family and fun, so not ...

The final Holy Grail

Golden week is a really random holiday. It's April 29, May 4,5,6. So effectively Tokyo hasn't been open since last Wednesday. (most people took Friday even though it wasn't a bank holiday.) Everyone's back on Thursday.

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

I can post similar signals with the same hit rate if that will satisfy your curiousity. Here, on TSD, and Facebook. Deal?

The final Holy Grail

I doubt the strategy be revealed. That doesn't seem to be the purpose of this thread. The person who started this is attempting to build a following on FF, TSD, and Facebook (potentially before he launches a commercial service?) I know the strategy ...

The final Holy Grail

Is Trade Station. PA feed is quite accurate (what's funny is sometimes it runs faster than my broker's order entry so I get a slight edge watching breakouts, sometimes by 5 or so pips) Here's an updated chart. We took the bounce a bit lower off the ...

Daily candle chart

hi Jhon PAs been a bit rough, but I agree about Yen weakness. (Dollar Libor over 1%) Here's the GY 8H view. Curious to see what happens at 143.45 (if) when we get down there.

Daily candle chart

I agree completely, which is why Merkel's been dragging her feet. Besides the sentiment at home being strongly against a bailout. By decisive, I'm more in the Jim Rogers camp of letting Greece go bankrupt and creating a stronger Euro based on ...

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

UJ bottom should be at 91.85 if this thing drops more, there's a lot of buyers down there. GY next target if we get under 141.6 is 141 then 140.3... closed my positions for now. back in if it starts dropping again. let's see.

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

went straight through my second downside target. 142.0 The Greece Portugal situation is quite bad. If EU doesn't do something decisive, things could really unravel quickly.

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

lol... I hope no one traded that call. Here's an updated chart, we hit the first key support at 143.48, then pulled back to 143.9. (143.9 is a fairly important level, so may hold as resistance for now. Next key support areas downside 141.9, and ...

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