check out the thread.. basically instead of hedging you let your loss close out.. (wwooo i got it wrong) then if the price goes down, say 100 pips past your close.. you put in an limit entry order right back at the point you closed... How many times ...

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

anyone here use Anti-hedging technique? it is worth considering.. specially since Jacko made $250k in 8 months using it.. I'm trying it on a long i lost way up around 233.. we shall see..

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

Target hit.. good call Markem — nice one mate. small win but still sweet.. opps MarkAm.. oh well you know who i mean

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

It's hard to tell exactly how far it will retrace. I think Auslanco takes a lot of things into consideration.. time of day, momemtum supporting the move down etc. From that point on i think it is more art than science.. confidence bred on experience ...

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

retest the low — I agree with Markem on the short to retest the low. I've taken it. Safe bet i think.. after it has retested.. who knows.. day bull so is this August going to be like many others and just a good month for the yen.. come back in ...

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

I was that other guy.. well done Aus! your confidence kept me in the trade.. i would have bottled out normally.. PS: i was also the guy who pointed out early this morning that the last time the daily rsi was at the level it was we had the big drop ...

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

30 minute qqe about to go below 50.. come on Yogi!!!

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

I think it's an odd day because we have a Bank Holiday in the UK today so trading from London is out of equation today. I was looking for a retrace to 13600 which i think could have been lower if London had been on today... Sort of got it.. but i ...

EURUSD

My limit long came in at 11600.. I'll put another at s1 though.. I hope price will be going up after after retracement... we shall see could retrace further of course...

USD/JPY Discussion

Big news — Hi guys! Some big US news at 3pm UK time .. 2pm GMT. Housing. That should cause a little action.. I'm not in the market at the moment but have a long limit order at 23180 which i have based on a retrace to the daily 5sma. I know ...

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

Thanks very much for the responses guys Most helpful.

Jacko's Forex House of Pleasure and Pain

Trailing stop — Hi Jacko Brilliant concept i'm going to use it from now on.. thanks. One question to anyone on the thread.. which i couldn't find the answer on.. (forgive me if i missed it please!), is: On the trailing stop: At what point does ...

Jacko's Forex House of Pleasure and Pain

I think this is an excellent way of showing this system could be traded.. be very interested to see other charts with these sort of comments if anyone has the time to do them.. Thanks Italiantrader

Linuxtroll Simple Scalping

He's often right though.. remember that picture of the mountain thingy?

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

Newstrades — That's spot on. even a close above 233 on a 5m candle would probably be enough to get the big boys piling in.. 233 is the daily pivot and those are the indicators the bankers are reputed to use... Some US news coming up at 1.30 UK ...

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

Just in case you didn't know... UK bank holiday on Monday... so get your forex fix now.. i guess it will be slower until Tuesday

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

Gratz Aus! Thanks for a brilliant thread!

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

Tipping point from the news? — Now testing central pivot again... last time it went down to R1. if it breaks it again I think it will do the same again to test the R1 at 23088. Hourly trend is crossed down.. 4H still up though guess it's wait ...

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

daily pivot — If price can confirm about 233 then we are going up sooner rather than later.. Crucial resistance.. Fingers crossed.

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

usd/jpy just about over the daily / central pivot but struggling.. to go really... we're (gbp/jpy) just about trying to form above our daily pivot.. which in theory would set the tone for the asian session. i thought this was going to retrace back ...

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