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Auslanco-GBP/JPY Strength Indicator strategy 345 replies

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

no, it would be a bullish hidden divergence on 5min chart in the area of 119.80... and then a break to the upside should do it.

Quoting mirex
what's the confirmation? break above 121.50?
Nihil Sine Deo.
I actually added another long at the intraday pivot - but move stop loss from longs at 119 up to +100. . .

Lets see what it wants to do. . . the most I can lose is 25 pips but I'm already up 100 pips on the trade. . .

This trade ain't for the noobs, i'm taking minmal risk based on the technicals I'm looking at - nothing more nothing less. . .

this is not a trade call!
Quoting Scrat
no, it would be a bullish hidden divergence on 5min chart in the area of 119.80... and then a break to the upside should do it.
but, if we break to the down side, then your taget is next -$6
Quoting vinesh2
Whats up Q dawg! Looks like EU has broken down and seems like 1.277 support is holding do we see a push up from here or what or do we see l1.23 lows first
nope, the low is still in place so I see higher - remember I said it would see at least 1.26 area before heading up back to 1.47. . . well????
Havent see the promise land of 1.26 yet! it went 1.277 region and bounced. Hopefully with DOW down today and dollar index approcahing resistance at around 87.19 we should see the bounce back up
Quoting quecee5
I actually added another long at the intraday pivot - but move stop loss from longs at 119 up to +100. . .

Lets see what it wants to do. . . the most I can lose is 25 pips but I'm already up 100 pips on the trade. . .

This trade ain't for the noobs, i'm taking minmal risk based on the technicals I'm looking at - nothing more nothing less. . .

this is not a trade call!
lies!! too late, i took it. all your fault now
Quoting quecee5
I actually added another long at the intraday pivot - but move stop loss from longs at 119 up to +100. . .

Lets see what it wants to do. . . the most I can lose is 25 pips but I'm already up 100 pips on the trade. . .

This trade ain't for the noobs, i'm taking minmal risk based on the technicals I'm looking at - nothing more nothing less. . .

this is not a trade call!
just moved sl to +140 to secure profits on both trades - now I can't lose on this trade at all. . .

let's see what price wants to do. . .

price has bounced off intraday pivot and just put in a higher low for now. . .
Dollar index opened with a gap up
gh_rsx just came up with the divergence call, is it confirmed cuz i want to add more longs. lol my long right now is so small it's not even funny. lol
Quoting mirex
gh_rsx just came up with the divergence call, is it confirmed cuz i want to add more longs. lol my long right now is so small it's not even funny. lol

....wait for the NY open to get rolling the picture should unfold from there i would take it.
Quoting ukdaytrader
Looks like sellers have stepped away for now. 121.10 a key level for the test of 15m ema50...
I think a small long is worth a punt now with a third test of the 50ema on 15m. Gann in place on 5m and 15m charts and 15m QQE crossed.

If the ema50 does not wield this time, then down hard I think.

If this can maintain it's level above the lows, then end of day book closing for Euro and London starts in just under 3 hours. We could then see a significant bounce up for the US close....

Just my thoughts.
Quoting mirex
how did you manage to take a nap and come back just in time? lol
everytime i take a nap, it seem like i dose off and missed it all

haha

Piters is one of them .... whisper.... (big guys)
they call him if they want to make some more pips moves...
so he is always on time

be smart follow him
NEW YORK (CNNMoney.com) -- U.S. stocks were expected to open significantly lower Friday as conglomerate General Electric reported lower fourth-quarter earnings, adding to concerns about corporate results.
At 7:16 a.m. ET, Dow Jones industrial average, Standard & Poor's 500 and Nasdaq 100 futures were sharply lower.
Futures measure current index values against perceived future performance and given an indication of how markets may open when trading begins in New York.
Art Hogan, chief market strategist for Jefferies & Co., said that more than a third of the 150 companies that have reported fourth-quarter earnings have missed expectations, which is much higher than normal, and preventing many companies from offering guidance for 2009.
"We just went through a disastrous fourth quarter across the board," said Hogan, who expects more bad news from the hundreds of companies that report next week.
"We underestimated how bad the fourth quarter was, plain and simple," he said.
GE: Investors are focusing their attention on GE (GE, Fortune 500), which missed expectations on its quarterly results.
The company reported fourth-quarter earnings of 36 cents per share attributable to common shareholders, down from 68 cents a year ago, and revenue of $46.2 billion.
Analysts were expecting GE to post earnings of 37 cents per share and revenue of $50 billion, according to a consensus of opinion compiled by Thomson Reuters
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
Quoting ukdaytrader
I think a small long is worth a punt now with a third test of the 50ema on 15m. Gann in place on 5m and 15m charts and 15m QQE crossed.

If the ema50 does not wield this time, then down hard I think.
hehe yeah, now it's at BE+1, lol
Quoting quecee5
I actually added another long at the intraday pivot - but move stop loss from longs at 119 up to +100. . .

Lets see what it wants to do. . . the most I can lose is 25 pips but I'm already up 100 pips on the trade. . .

This trade ain't for the noobs, i'm taking minmal risk based on the technicals I'm looking at - nothing more nothing less. . .

this is not a trade call!
nice call bro
my bus..come back, i need to add..lol
Quoting quecee5
Piter,

128 here we come. . .Amzing is all I can say!

sl moved to +100
Patience + Humility + Study = Success
128? you dont think it will have problem with that upper trend line at around 122.80?

the one that piter and malcomb been shorting off all day and night yesterday? hehe
I dont think I can handle this market anymore. Markarm was right when he said FX trading is not going to be the same as it use to be
Quoting mirex
lies!! too late, i took it. all your fault now
hope you enjoying the pips bro - nice. . .
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