I wasn't mocking his English. I read his thread before and know you're impressed by his method, but I'd give it a bit more time then a week to say someone is 90%. That isn't enough of a milestone to say anyone's method is sound. My experience has ...

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

incredible. acess denied nobody really fell for any of that... did they?

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

We may consolidate here for a bit longer before the move. I'm not completely convinced we're going north yet. We haven't had a decnt retrace yet, so I'm flat until we break out of the range and triangle in either direction. GL on your trades ...

Cable Update (GBPUSD)

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

8 minutes to go.

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

imho that's kind of close for an entry, we may touch 148.85 and still drop. personally, I want to see it break out of this 15M wedge first...or at least bounce off the 34ema at 148.50 it hasn't made a new low yet on the 15M at 148.58 so may still go ...

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

here's a quick chart. 148.8 proving tough. if we break above that and 149.2, 150 obvious first target. I'm watching this 1H channel setting up. if we break below ltl I'm going short. also a potential bounce scenario if we break below the channel ltl ...

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

nice! I'm not a swing trader so don't like to let a lot of pips ride on an open trade. What I did was close my lots on my target levels and opened new trades on a pullback on the 5M, moving my stop to BE shortly after. That way I don't ...

Cable Update (GBPUSD)

Maybe we're near the top, but I wouldn't short the Sterling yet. Closed my GU trade, so flat for the moment. Still long on GY. With the Sainsbury M&A rumor and the news BOE may stop it's asset-purchase program on the back of the improving economy, ...

Cable Update (GBPUSD)

I was basing it off the GY and rounding the number for discussion sake. Usually I think in yen, so for me, 1,000JPY is the nearest equivalent to 10USD. Lately with the strong yen, it's been around 1,000JPY a pip.

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

40 pips for McD? what lot size are you trading? What Malcomb is saying is absolutely correct. A standard lot size is 10USD a pip. With good money management and proper RR you can grow your account exponentially. As you increase your lot ...

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

I agree completely. MM lines are very accurate. For MT4 users these mq4s work best. just drop these in your indi folder. This is an important trick I learned for MT4. Install the MML Multi first then the MML%23%20. if you install this way it will ...

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

no more ping pong

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

thank you Malcomb.. Sometimes I think I'm being overly cautious when I see opportunities go by, but you're right. Being 8 years in this is good testament to your discipline. Much respect.

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

this is true. I notice I've been watching the bottom line a bit too much recently and missing out on some opportunities I would normally take. I've only been trading full time for a year, so still trying to find a balance between banking the month ...

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

opps I was sorely tempted but dont want to wake up tomorrow morning with a terrible hangover and all my pips gone. lol I'll leave it to those much more skilled than me!

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

thanks mate! this was my best day trading live since I started. I'm usually happy if I can get 50 pips a day.

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

ready to join you on the ride down! so far today - GY 1st lot 150, 2nd 270 GU 130 x 2 lots 680 pips London session. really happy

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

hit my second TP for GY 146.30 ... that was quick! flat now. I know it sounds crazy to jump out now, because it may keep going, but I need to stick to my MM rules. lol will go long again on a pullback if we keep heading north.

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

You're probably right... maybe I'm too cautious, but I'm waiting until she breaks below 1.6190 to go short.

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