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pearsonfx replied May 16, 2008HOLD THE PHONE — whoa whoa whoa.... TIMEOUT on our party bears....I have a bullish signal on the 1 minute chart Its gonna be huge unfortunately, I just seem to be unable to stop....Da Bears....
Auslanco - GBP/JPY and GBP/USD (newstrade)
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pearsonfx replied May 16, 2008Well I just did my math.....seems to me that if I get 10 pips a day for the 5 years its going to take you to get to 251, I will earn 12,500 pips while you make 8000 But if I get MORE than 10 pips a day....say my 100 target....well, it doesn't ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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pearsonfx replied May 16, 2008I concur....Market volatility is higher during london session USUALLY, but london has its slow days. Breakouts and high volatility don't occur at set times....they can happen at any time while the market is open
Trend Follower 5 Minute System
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pearsonfx replied May 16, 2008um....yea....see the thing about this is that hey look a bearish head and shoulders pattern, target 186.29, wait we haven't reached that yet? pish posh lets go long now at 203.50 1750 PIPS!!! OF DRAWDOWN on 1000 lots....1,750,000....as mcdonalds ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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pearsonfx replied May 16, 2008Interesting, was just a little confusing because you had labeled it BUY entries...when you were going short/selling Would the target still be 1.5444 if the second entry had been reached at 1.5544? Or would you average initial position with the 1st ...
Cooney's Live Trades
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pearsonfx replied May 16, 2008Erm...what counts as a pip to you? Last time I checked 1.5444 to 1.5424 was only 20 pips

Am I missing something? Otherwise nice tradingCooney's Live Trades
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pearsonfx replied May 16, 2008I think down from here so long as my stop doesn't get hit at 204.60
Looking for 186.29 overall, but that could be a while Daily showing sells and we are trading right under the 4 hour and daily Gann.... So long as we dont close above 204.50, you ...Auslanco - GBP/JPY and GBP/USD (newstrade)
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pearsonfx replied May 16, 2008New Trade — GBP/JPY Short 203.90 Stoploss 204.60 Target 200.00 Second Position
PearsonFX Trades
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pearsonfx replied May 16, 2008Hi Cooney, Welcome to the forum.....hope your trading goes well.... I see you are a no stoploss kind of guy, keep it up and best of luck! Zack
Cooney's Live Trades
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pearsonfx replied May 16, 2008Group Scalp Trades that were closed during US Session Today AUD/USD Short .9398 Target hit .9375 +23 pips EUR/USD Long 1.5489 Profit Taken 1.5504 +15 pips +38 pips overall Couple scalps still open that will close tonight during London, and will be ...
PearsonFX Trades
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pearsonfx replied May 16, 2008GBP/JPY — Would just like to re-enforce my bias for shorts on G/J, breakout is imminent either way, likely to be seen before London Open. The old support for the Bearish Triangle was already broken, the new support should you have drawn it, ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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pearsonfx replied May 15, 2008G/J has still not broken out of the Bearish Traingle...My thoughts are still on shorts, just a matter of time. If I'm not mistaken as well gann is now at 204.59 suggesting downside as well now with the 4 hour that closed at 203.67
Auslanco - GBP/JPY and GBP/USD (newstrade)
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pearsonfx replied May 15, 2008If you lost 50% of your account....I think you need to do some serious thinking about how you are trading You are probably overleveraged right now.....I would recommend that you take a break from trading until you can risk under 5% of your account ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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pearsonfx replied May 15, 2008I want to concur with Kujo and mktjong here....its only a matter of time for the shorts to come into play. I can say short short short, as I have been from 204.90....but newbies shouldn't take trade calls...they need to understand trades....here are ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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pearsonfx replied May 15, 2008I agree, G/J shorts....think we are waiting on the news before we start moving....but whatever news is, even if we see 205.47 I still see shorts down to 202.00 and below Zack

Auslanco - GBP/JPY and GBP/USD (newstrade)
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pearsonfx replied May 15, 2008New Trade — New Trade - GBP/USD Long at market Stoploss 1.9330 Target 1.9682 This should take a couple days to reach....earn the interest and enjoy the benefits --------------------------------------------------------------------- Group Trades ...
PearsonFX Trades
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pearsonfx replied May 15, 2008Morning everyone, Moving Target to 202.00 Moving Stoploss to 205.55
PearsonFX Trades
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pearsonfx replied May 13, 2008New Trade — Depending on your broker you were stopped out of the last trade or missed being stopped out by 1 pip. Short GBP/JPY 203.70 area Target Open Stoploss 206.00 Hold this trade for a bit, use safe MM ...
PearsonFX Trades
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pearsonfx replied May 12, 2008Closing Early for you guys here at 1.6414 +52 pips New Trade - BUY GBP/JPY 203.84 area Target 205.50 Stoploss 201.50 -------------------------------------------------------------------------- Group Trades for this week - EUR/AUD Long at 1.6362 ...
PearsonFX Trades