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newjersey24 replied Jul 26, 2007Auslanco, Is those baically your only indicators using the 4hr chart? Guys, What Is the strentgh indicator on MT4? RSI? Momentum?
Daily GBP/JPY analysis
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newjersey24 replied Jul 25, 2007Hey guys when Auslanco talking about support on 4Hr chart. What exactly is he talking about FIbs?, Trendline support? EMA, SMA support?? I like to review these past 48 hours and learn what he sees. Also if anyone know some of the inidicators he ...
Daily GBP/JPY analysis
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newjersey24 replied Jul 25, 2007Hey Auslanco, You been great for the forum and WE owe a lot to you and I appreciate all ya input and quick responses. Not wanting us to burn you out. Do you mind sharing the strategy you use on these G/J G/U pairs using the 4hrs time frame in ...
Daily GBP/JPY analysis
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newjersey24 replied Jul 25, 2007
Oh my, I think I saw him leave this forum with his tail curled up under his @$$. Cable Update (GBPUSD)
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newjersey24 replied Jul 25, 2007Yes it will be. I currently still have a couple sell in minimal profit and buys all along the drop. I would love to see 245, then I can start loading up some more for LONGs
Daily GBP/JPY analysis
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newjersey24 replied Jul 25, 2007MACD and ADX still signal straight sell!!!!!!!!!!!! Very strong signal that we have quite a bit to go. So i'm loading up on rallies and selling.
Daily GBP/JPY analysis
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newjersey24 replied Jul 24, 2007This is really Bear!!! as Many indicators is signaling Downward movement.
Daily GBP/JPY analysis
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newjersey24 replied Jul 24, 2007Auslanco, What strategy do you use?? MAybe I missed it. Trendlines, EMAs? MACD? SToch? News/Econmoics? Appreciate much!!
Daily GBP/JPY analysis
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newjersey24 replied Jul 24, 20077% of entire profolio at one time in trades?? please explain. thanks
Money Management Rule of Thumb Question
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newjersey24 replied Jul 24, 2007Thanks, I felt 10-15% would be conservative-moderate. When time is right in certain market condition may got to 25% and thats about it. Thanks man.
Money Management Rule of Thumb Question
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newjersey24 replied Jul 24, 2007I was leaning toward 10-15% percent of account at one time also. Here is what I was thinking. $100,000 Total $50,000 in Bank (emergency purposes). $50,000 in broker account With about 10-15% used in live trading. ($7,500 in trades at one time) Which ...
Money Management Rule of Thumb Question
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Money Management Rule of Thumb Question
Started Jul 24, 2007|Broker Discussion|8 replies
Guys, What is a good rule of thumb when it comes to money management! If you had say $50,000 ...
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newjersey24 replied Jul 20, 2007Nah, 300 pip without a problem. Technically, can handle more, roughly 450 or so. Plus have funds in case it continue to go down we can replinish account in matter of a couple hours. Thanks for question
Daily GBP/JPY analysis
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newjersey24 replied Jul 20, 2007I'm cocked and loaded on LONGS already. Dont have to tell me twice!!!
And even if it goes further down I have enough margin to withstand another 300 pip drop on G/Y before having to put more money into account to avoid margin call.Daily GBP/JPY analysis
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newjersey24 replied Jul 20, 2007Why you so sure this is a correction to 245? You dont think this is just a typical minor sell-off due to the hike in interest rate to lenders? I think 6.5% whichi is China third hike since March.
Daily GBP/JPY analysis
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newjersey24 replied Jul 20, 2007looks likse a great time to get a buy dip opportunity. Just how far down it will go though?

Daily GBP/JPY analysis
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newjersey24 replied Jul 20, 2007Hope everyone know that the China increased the rate for lenders. I heard it on Bloomberg on my way to work. If anyone has any details, please feel us in.

Daily GBP/JPY analysis
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newjersey24 replied Jul 20, 2007Im using Interbankfx but will be switching pretty soon. Unfortunately they seem to be the best broker with MT4. OTher very well known brokers like DBFX and FXCM does not use MT4 but have the capital security whihc I am comfortable with tighter ...
Best MT4 Broker?