Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 38 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/JPY, GBP/USD

Similar Threads

Auslanco-GBP/JPY Strength Indicator strategy 345 replies

Auslanco 15min GBP/JPY startegy 630 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

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

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

  • #741
  • Jul 30, 2007 2:09am Jul 30, 2007 2:09am
Quoting MikeW
If that was the SL that Auslanco gave you then stick with it. If you kept with the recommended 1%-2% then no real harm done if it stops out.

Mike
Recommended SL was 240.96 according to what i recall. I'm sticking with it and hoping it holds.
  • #742
  • Jul 30, 2007 2:10am Jul 30, 2007 2:10am
resistance at 240.60....hahaha....now the real game begins...now try guessing the market....last week it was so easy...all u had to do was short short short, whichover price u shorted, u would make money anyway....now u dont know which way it is going to go and now this sets apart the boys from the men....
  • #743
  • Jul 30, 2007 2:11am Jul 30, 2007 2:11am
guys iam getting a buy signal now....... is there anybody same as me.....
  • #744
  • Jul 30, 2007 2:11am Jul 30, 2007 2:11am
sl is 240.92 i think
Bring It...
  • #745
  • Jul 30, 2007 2:11am Jul 30, 2007 2:11am
240.60 is the 38.2 fibo retrace of the fall from Fridays high....IF cable and the euro hold here (1.2052 & 1.3650) it will help GBPJPY to respect this fibo level....lets hope so!
Trading Levels with WRBs
  • #746
  • Jul 30, 2007 2:12am Jul 30, 2007 2:12am
Quoting ns_karthik
resistance at 240.60....hahaha....now the real game begins...now try guessing the market....last week it was so easy...all u had to do was short short short, whichover price u shorted, u would make money anyway....now u dont know which way it is going to go and now this sets apart the boys from the men....
Lonmdoners taking a breather from all the buying - hope they comatose
  • #747
  • Jul 30, 2007 2:13am Jul 30, 2007 2:13am
It could be coming down slightly now
  • #748
  • Jul 30, 2007 2:14am Jul 30, 2007 2:14am
i had specified abt 5 hrs back that there was resistance at 240.6 in my blog...now u see it stopping there...lets see for how long....
  • #749
  • Jul 30, 2007 2:14am Jul 30, 2007 2:14am
ns -karthink ,your resistence levels are allways accurate ,not sure how you arrive at them though.
  • #750
  • Jul 30, 2007 2:15am Jul 30, 2007 2:15am
Hi Sypultraz

I have that buy signal an hour ago...but no entry as I am in short from 240.10...



Quoting sypultraz
guys iam getting a buy signal now....... is there anybody same as me.....
  • #751
  • Jul 30, 2007 2:15am Jul 30, 2007 2:15am
Quoting Islander
240.60 is the 38.2 fibo retrace of the fall from Fridays high....IF cable and the euro hold here (1.2052 & 1.3650) it will help GBPJPY to respect this fibo level....lets hope so!
oh right... haha forgot about that... thanks!
  • #752
  • Jul 30, 2007 2:16am Jul 30, 2007 2:16am
Quoting MikeW
It could be coming down slightly now
Sometimes it comes down to just take a breath and then shoots bak up.

The MACD on the 4H charts doesn't look to promsing for our shorts. I'm counting on the larger trend downwards to give us a hand.
  • #753
  • Jul 30, 2007 2:18am Jul 30, 2007 2:18am
can you please post shots of what you are seeing so we can understand it better.

thanks!
  • #754
  • Jul 30, 2007 2:19am Jul 30, 2007 2:19am
see the effect of the resistance at 240.6??? thats how u trade....dont just blindly follow some signals and dont blindly go long or short....simple price action....if u had gone short at 240.6 (as i did), you would be up 20 pips already...rather than blindly going short at some point and biting your nails and praying that ur stop loss holds...
  • #755
  • Jul 30, 2007 2:19am Jul 30, 2007 2:19am
240.66....is 50% of the move from the high 243.03..

And the G/J loves Fibs......its quite normal for the G/J to retract 50%...


  • #756
  • Jul 30, 2007 2:19am Jul 30, 2007 2:19am
Absolutley right Timmingly....
  • #757
  • Jul 30, 2007 2:20am Jul 30, 2007 2:20am
240.63 is a Fib 0.50 retracememt if its breaks then FIB 0.618 is at 241.20, which would be a good S/L if anyone decides to short now. 1HR chart ofcourse. This is purely technical analysis, no indicators. Should be in extreme overbought territory now. Any comments??
  • #758
  • Jul 30, 2007 2:20am Jul 30, 2007 2:20am
Quoting Timingy
Sometimes it comes down to just take a breath and then shoots bak up.

The MACD on the 4H charts doesn't look to promsing for our shorts. I'm counting on the larger trend downwards to give us a hand.
That's right. I said slightly - and noe it's time to turn around or range again.
  • #759
  • Jul 30, 2007 2:22am Jul 30, 2007 2:22am
I would put my SL at 242.00....
  • #760
  • Jul 30, 2007 2:24am Jul 30, 2007 2:24am
But iam not entering a short just answering your question....

My 4hr is still bullish..
245 traders viewing now