It's nice to see you're still winning and disciplined. I can't say the same for me though. I had a relapse today and lost about 100 pips opening trades out of nowhere (basically gambling). When I did get my entry signal to go short around US session ...

GBP/JPY London Open trades

It keeps going and going and going....

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

What was that?!!!!! Up 80 pips, then down 90 in less than 5 minutes!!!

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

channel — What do you think of this channel in the 5M timeframe? How long do you think it'll hold? I might go short. Actually I just did.

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

I got another 50 pips on Tuesday morning. Last night I setup a trade with 1/3 my usual lot size and it turned out to be a fake breakout of the 127.75 scalp line I had. Price retraced and hit my SL at 75 pips. I was tempted to get back in on the ...

GBP/JPY "tunnel" and MM system

It's not a problem...you can quote my thread...if my thread can help others in their trading then that would be great. As for my trading, I got 50 pips today...went short at 120.60 with a TP at 120.10 and a SL at 121.10. Momentum was looking good ...

GBP/JPY "tunnel" and MM system

Lessons learned...now it's up to me to apply them. — Hey! It's nice to hear from you in my humble noobie thread. It's been a tough week for me I must say, however it ended on a "high note" with that last profitable trade which was a result of ...

GBP/JPY "tunnel" and MM system

What do you guys think is going to happen next week....the downtrend will continue or do you think a reversal is coming? After the GDP drop that was announced today I dont know what to think anymore. I was hoping for a reversal since I have plenty ...

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

I got 50 pips on the London session open...with one of those marvelous "earn-while-you-sleep" type of setups. Im not trading anymore today, at least not in the live account. It's interesting how in my case, trading live has prevented me from opening ...

GBP/JPY "tunnel" and MM system

It's time for an update. I've had my ups and downs this week. The problem is the downs are far greater than the ups. I started this week with an increase of 5% in my account after being 20% up just a week ago. I've had many losing trades...most of ...

GBP/JPY "tunnel" and MM system

I did however, go short at 134.15. It was a trade i set up at around 12:00 am EST. I created an entry order with the 50 pip TP and the stop loss at around 135.00. When i woke up to catch a glimpse of the London Open at 3:00 am EST, that trade had ...

GBP/JPY London Open trades

Did you see the beautiful double top at around 135.70? The break of the 132.10 low went down to 131.06 in my chart. That would have given a beautiful 100 pip profit. In my case, I OVERSLEPT!!!!! My alarm clock woke me up about an hour before the ...

GBP/JPY London Open trades

...I didn't know that term existed, but it describes exactly what I was doing. I've learned 2 lessons from my losing trades: 1. Not to engage in revenge trading. 2. Once I reach my goals, no more trading for the week (art least not with the ...

GBP/JPY "tunnel" and MM system

Well, I got to +200 pips to make up for last week. However, today I opened a trade and ended up losing 100 pips. After that I went crazy trying to win some back and ended up losing another 50. So my total for this week is +50 pips. I've learned a ...

GBP/JPY "tunnel" and MM system

I'm sitting on the sidelines as well, especially now that I'm trading live. I'm more meticulous when picking my trades. My system has evolved a bit. I've integrated the use of S/R and scalp lines (somewhat similar to yours, I use previous highs and ...

GBP/JPY London Open trades

Cool, I hope you earn many pips.

Forex Rookie's Trading Journal

Are you trading live?

Forex Rookie's Trading Journal

I've done it! I've gone live! — I've done it!!!! I've gone live!!! I opened my micro account last week, funded it, and began trading live this week. So far I'm at +150 pips. My weekly goal is still 100 pips, but i'm trying to make up for last ...

GBP/JPY "tunnel" and MM system

It's nice to see you're consistently earning some good pips.

GBP/JPY London Open trades

I traded the London opening on the 24th and got 50 pips. It seems to be a good time to trade because volatility is high, the problem was I couldn't go back to sleep. Right now it doesn't seem as a good time to trade because the market is ranging, in ...

GBP/JPY "tunnel" and MM system