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Auslanco 15min GBP/JPY startegy 630 replies
Auslanco-GBP/JPY Strength Indicator strategy 344 replies
My MT4 indicators for Auslanco's strategy 92 replies
Auslanco 15 minute Strategy Oanda FXManager Updates.. 62 replies
Questions About Auslanco's Trades 72 replies
DislikedMy apology, what is short form of IB please..?
I am folowing your method and it seems good and profit.Ignored
Dislikedthe problem with playing Ib's is that many times you will get 2 or more false breaks on opposite sides of the candle before direction is chosen....this can be very costly
my question is that if we stand down for a few days for direction to reveal, how much are we really missing and is it worth losing pips to be wrong in a case like this?Ignored
DislikedMy apology, what is short form of IB please..?
I am folowing your method and it seems good and profit.Ignored
DislikedHere are my thoughts....
Market direction is uncertain and at best we would only be able to jump on a moving train after it has already moving fater than we can run.
Maybe some good rest is in order and then wait for a daily bar to close outside the range of the first IB. this would mean that the market is being decisive again and even in a reversal, which we would catch, we can at least expect it to go to the other side of the IB which would give us plenty of pips.
Just my 2 IQD worthIgnored
DislikedHere are my thoughts....
Market direction is uncertain and at best we would only be able to jump on a moving train after it has already moving fater than we can run.
Maybe some good rest is in order and then wait for a daily bar to close outside the range of the first IB. this would mean that the market is being decisive again and even in a reversal, which we would catch, we can at least expect it to go to the other side of the IB which would give us plenty of pips.
Just my 2 IQD worthIgnored
Dislikedwhat a boring lacklustre day, its been till now.
another day i am at home and no action at all.Ignored
Dislikedi have all bad trades into account. and they can't be THAT many, the average of my system is 2 wrong trades out of 10, when i say wrong, i mean that my 1st 50 pip TP would not be hit. usually when the first TP is hit, depending on the situation, i set the other SLs to B/E, and sometimes i dont; which in this case SLs are usualy not hit and i get out with very minimum loss.
i'm not sure if i'm jumping in right now, but i went ahead and entered short at 209.70. i think there's a 60% of losing this trade. but again, as i said, i have all these bad trades into account. losing this one won't give me a margin call.
trade at your own risk fella's. it's a bad idea to enter now.Ignored
DislikedLilmoe, I think your system did excellently on gbp/usd / eur/usd. Unfortunately I didn't trust it, well, to be exact I didn't trust the time. I've almost always got into problems trading gbp/yen at early Asian, so I was hesitant. Besides, its always good to observe a new system before jumping in, invariably there is some subtlety that you forgot to look for. Anyway, it seems that Asian session is not a problem for these "trending" currencies. Gbp/yen rarely seems to have the volatility necessary for a good trade in Asian session.
Below is a constant range bar chart, I will be considering shorts if a 30 min or hr bar close under support1, by then the 4hr gann should have flipped as well.Ignored
Dislikedgood morning... just woke up to a crappy range. i thought i'd never see that, but here it is again. the horror!!! high 210.30, low 209.53; a total range of 77 pips for today.
Ignored
Dislikedi predicted a 50 pip range, but that's close enough
sorry ass range...
whats up bud?Ignored