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Auslanco-GBP/JPY Strength Indicator strategy 345 replies

Auslanco 15min GBP/JPY startegy 630 replies

My MT4 indicators for Auslanco's strategy 92 replies

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Questions About Auslanco's Trades 72 replies

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

Quoting Beljevina
Yeah, UJ's a downer, but it doesnt seem to be having significant impact on dragging GJ down. I'm hoping/thinking UJ's downage is done by NY's open, US $ bullish takes over & then combined w/sterling strength, up GJ goes, to test 149.5. USD/JPY buy orders are down @ 91.50/70, & that'll be good for at least a temporary or better bounce. Otherwise, I'll B/E my trade, and cry.
Agreed, higher top/bottom on hourly UJ would close my GJ short
Don't be a hero. Don't have an ego. Always question yourself
gj1h
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I am still not sure if i am safe to go long major signal on 1hr and 4hrs look bearish and UJ is so bearish on daily TF..
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MY OPINION NOT FINANCIAL ADVISE
acumulation at 147.70?? keeps being bought off it and last 5min bar just closed had loads of buying volume.

im long 147.85. and im not moving the damn stop to +1 until i get plenty of pips room!!!
Quoting ewokuk
acumulation at 147.70?? keeps being bought off it and last 5min bar just closed had loads of buying volume.

im long 147.85. and im not moving the damn stop to +1 until i get plenty of pips room!!!
It seems like it but the PA and patterning is attrocious. My +60 pips came close to 0 and is +33 now - am seeing some upswing on the last few M5 bars, but it's a nailbiter. I wish we'd get separate from UJ - it's got reason to be negative, but let's let sterling shine when it has the chance! And if it is buying, sometimes it's just not enough.
Quoting ewokuk
acumulation at 147.70?? keeps being bought off it and last 5min bar just closed had loads of buying volume.

im long 147.85. and im not moving the damn stop to +1 until i get plenty of pips room!!!
The one time you ditch your strategy is the one time it will bite you. GY long does not look convincing to me yet. Sure there are buyers, but there is considerable selling too.
i had a long earlier from the same place 147.85, got to 30 pips profit and when i look 20 mins later its been stopped at +1.

im not moving the damn stop this time until it breaks 149! in which case we might at last be heading for quecees 153
Quoting ukdaytrader
The one time you ditch your strategy is the one time it will bite you. GY long does not look convincing to me yet. Sure there are buyers, but there is considerable selling too.
yes ive noticed. of course if i had ditched it the last 20 times id have taken about 400 pips by now. the one time i do itll probly tank to 146 or lower.

this time might be different though, highest volume of the day by far was buying off that level this time, so hopefully it continues up for once.

looking at the range its only done 100 pips so far. so if we get near its 200+ average range then we are looking at either 146 area or 149.50 again, right now 149.50 seems far more likely.

im up 30 now, putting stop at +1 and if i get taken out again im going to break something!
US stocks are set to open much lower ... hopefully that means GU up & GY along with it. Sterling strength is present ... just not sure of the yen - it shouldn't be a major factor for this session.
Trying to head up, we just bounced off the white trendline - that's concerning that it's choosing to follow it.
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WHERES MY HAMMER FFS
EJ falling like rock, UJ falling like snow and GJ ranging...guess GJ should do both together..rock and snow..lol
MY OPINION NOT FINANCIAL ADVISE
Quoting quecee5
4hr close below 146. . .
Hi Queece,

U will get the 147 close today in US session or even may approach your 146 close today.

Futures down big time after alcoa news. So UJ depreciation will not only be aided by dollar weakness but also yen strength. Will hae to see how much dollar weakness will convert to GBP strength. The utimate direction will decided by which moives further.

But on occasions where both GBP and yen are in play, UJ tends to drag GJ in whatever direction it is going.

Safe trading.
It's really a fight between strong GBP and strong JPY
Don't be a hero. Don't have an ego. Always question yourself
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Don't be a hero. Don't have an ego. Always question yourself
Quoting USD-Bear
It's really a fight between strong GBP and strong JPY
Don't forget the weak Aussie and USD too. If they fall in tandem, GY becomes weak too. Sterling strength is mystifying atm.
Quoting ewokuk
yes ive noticed. of course if i had ditched it the last 20 times id have taken about 400 pips by now. the one time i do itll probly tank to 146 or lower.

this time might be different though, highest volume of the day by far was buying off that level this time, so hopefully it continues up for once.

looking at the range its only done 100 pips so far. so if we get near its 200+ average range then we are looking at either 146 area or 149.50 again, right now 149.50 seems far more likely.

im up 30 now, putting stop at +1 and if i get taken out...
Be careful of ur longs, Ewokuk.

The futures are down big time and poor alcoa numbers- down day- fundamentally sguuesting a bearish set up for GJ.

Daily pinbar on GJ - technical bearish set up.

That doesnt mean that GJ will not rally up. Just that the odds are stacked on a bearish set up. so i will only sell any rallies of opportunity arises which will mean adding to my 149.50 short position.

Iksh
Quoting iksh
Be careful of ur longs, Ewokuk.

The futures are down big time and poor alcoa numbers- down day- fundamentally sguuesting a bearish set up for GJ.

Daily pinbar on GJ - technical bearish set up.

That doesnt mean that GJ will not rally up. Just that the odds are stacked on a bearish set up. so i will only sell any rallies of opportunity arises which will mean adding to my 149.50 short position.

Iksh
I Agree!

Bearish PA is on now. Hidden BD playing out too, I'm waiting for a test of the Daily Gann & 50 Ema [147], a close below that=

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J
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
Quoting JhonMonsalve
I Agree!

Bearish PA is on now. Hidden BD playing out too, I'm waiting for a test of the Daily Gann & 50 Ema [147], a close below that=

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J
EJ is almost there and UJ still Kaboom so i dont know why GJ will fly..i may be wrong
MY OPINION NOT FINANCIAL ADVISE
Quoting donfriday
EJ is almost there and UJ still Kaboom so i dont know why GJ will fly..i may be wrong
Yep don!

Are you shorting EJ?

PS: Nice new profile pic
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
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