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

  • #841
  • Jul 30, 2007 3:36am Jul 30, 2007 3:36am
Quoting trader8686
No, I did not setup 5sma. That's why I am asking you.
Sorry trader - that was meant for ns_karthik
  • #842
  • Jul 30, 2007 3:36am Jul 30, 2007 3:36am
Quoting digitizer123
I second that . . . .

if you read thru the thread and also gbp/jpy thread, all of the indicators and setups are outlined as well as confirmations from other members with much trading experience.
Trade what you see, not what you think.
  • #843
  • Jul 30, 2007 3:37am Jul 30, 2007 3:37am
timingy,
mine is simple price action, S and R, and pivots using fibs and murray maths....everyday i update the S and R in my blog and just trade those...it is easy, simple and straightforward....now that i have shared mine, would u mind asking auslanco to do the same??
  • #844
  • Jul 30, 2007 3:37am Jul 30, 2007 3:37am
Quoting ns_karthik
i wish more people asked auslanco wht his strategy is...it should not take much time to spell out a strategy...esp for someone who posts around 1000 posts a day....rather than blindly following the calls, ask for the strategy, evaulate it and then follow it if u feel it is good...

he mentioned it earlier.. plz read the thread again..
  • #845
  • Jul 30, 2007 3:38am Jul 30, 2007 3:38am
Your momentum, 4hr, 1hr should have lined up to your satisfaction for a long - or am I wrong in understanding what you were talking about last week. Are you getting a Bullish signa yet???
  • #846
  • Jul 30, 2007 3:38am Jul 30, 2007 3:38am
Quoting auslanco
Thats right...4hr and 1hr has to line up and 1hr has to cross over to the bullish side(50line) It may take about another 4-5 hours before you get a bullish signal..
Hi Auslanco, just want to ask...
My MACD already cross to the north ( i don't have strength indicator - even i use VT Trader too ) about 2 hours ago.

And all the indicator start to bend pointing to south, but adx shows weakness ( When the ADX line starts to drop from above the 40 level that is an early sign that the trend is weakening. ) Is it one that indicate going long is safe?

How the right bullish signal looks like?

I don't enter last trade because your 1Hr looks bullish - all pointing to north ( you said we must enter if 1 Hr bearish )
  • #847
  • Jul 30, 2007 3:38am Jul 30, 2007 3:38am
master2,
i have been on the gbpjpy thread for abt 6 mnths now...can u tell me or atleast summarize what the indicators and setups are???
  • #848
  • Jul 30, 2007 3:39am Jul 30, 2007 3:39am
orient mist,
can u or anyone point to the post which explained his strategy clearly (the indicators used, settings,TF, and the strategy)...i am yet to see it and would love to see that....
  • #849
  • Jul 30, 2007 3:40am Jul 30, 2007 3:40am
Quoting ns_karthik
i wish more people asked auslanco wht his strategy is...it should not take much time to spell out a strategy...esp for someone who posts around 1000 posts a day....rather than blindly following the calls, ask for the strategy, evaulate it and then follow it if u feel it is good...

My strategy is written all over the forum.. for the last one week. It just a matter of not having it on a one single post.
Look guys.. this is a big reality shock for most people. I dont get every single trade right. Otherwise I would hire George Soros as my Financial Advisor, Bill Gates as my IT consultant or George Bush as my secretary. As I say Losses are part of the game. If you cant handle loses forex is not for you. I didnt promise anyone I got the holy grail. I didnt force anyone to trade my signals either. I'm comfortable with my loss which is only 2% of my account. I never force anyone to learn my stratgey. My startegy is my strategy. Infact I dont even have to explain to niether one of you. I was doing this as a favour to newbies.
  • #850
  • Jul 30, 2007 3:40am Jul 30, 2007 3:40am
Quoting jigracing
I was just being funny.
and so is Dr. D lol! we all got attention deficiency here thats why were on GJ! thats why we all ask questions instead of reading...thats why we dont study and sometimes go on impulse trading...

but on a serious note...i do hope that we've seen the bottom of this unwind...im itchingto buy on dips already and get that swap on my side
"it doesn't come any sharper than this!"
  • #851
  • Jul 30, 2007 3:40am Jul 30, 2007 3:40am
Quoting ns_karthik
master2,
i have been on the gbpjpy thread for abt 6 mnths now...can u tell me or atleast summarize what the indicators and setups are???

he has mentioned his setup in detail.. plz summarize it for yourself.

page 304 of gbpjpy thread and first post of this thread..i think
  • #852
  • Jul 30, 2007 3:43am Jul 30, 2007 3:43am
NS...look at pae 3 you will see the setups,maybe you should read the threads ,time consuming but benificial even if you have been on GBP/JPY for 6 months
  • #853
  • Jul 30, 2007 3:43am Jul 30, 2007 3:43am
Quoting auslanco
My strategy is written all over the forum.. for the last one week. It just a matter of not having it on a one single post.
Look guys.. this is a big reality shock for most people. I dont get every single trade right. Otherwise I would hire George Soros as my Financial Advisor, Bill Gates as my IT consultant or George Bush as my secretary. As I say Losses are part of the game. If you cant handle loses forex is not for you. I didnt promise anyone I got the holy grail. I didnt force anyone to trade my signals either. I'm comfortable with my loss which is only 2% of my account. I never force anyone to learn my stratgey. My startegy is my strategy. Infact I dont even have to explain to niether one of you. I was doing this as a favour to newbies.
a lot of us really appreiciate what u doing here ....what u doing here is amazing!!! thanks
  • #854
  • Jul 30, 2007 3:43am Jul 30, 2007 3:43am
auslanco,
of course u dont need to tell ur strategy...but i guess u were the one who promised to reveal it over the weekend...is the weekend not over for u yet??
  • #855
  • Jul 30, 2007 3:44am Jul 30, 2007 3:44am
Quoting auslanco
My strategy is written all over the forum.. for the last one week. It just a matter of not having it on a one single post.
Look guys.. this is a big reality shock for most people. I dont get every single trade right. Otherwise I would hire George Soros as my Financial Advisor, Bill Gates as my IT consultant or George Bush as my secretary. As I say Losses are part of the game. If you cant handle loses forex is not for you. I didnt promise anyone I got the holy grail. I didnt force anyone to trade my signals either. I'm comfortable with my loss which is only 2% of my account. I never force anyone to learn my stratgey. My startegy is my strategy. Infact I dont even have to explain to niether one of you. I was doing this as a favour to newbies.

The good thing is hopefully some of the trolls and sheep will jump to the next shiny object, and leave this thread to the people that are interested.
  • #856
  • Jul 30, 2007 3:45am Jul 30, 2007 3:45am
Quoting digitizer123
Your momentum, 4hr, 1hr should have lined up to your satisfaction for a long - or am I wrong in understanding what you were talking about last week. Are you getting a Bullish signa yet???
You dont confirm the trend from the momentum. You have to you other solid indicators such as MACD. Are you using the VT Trader?
  • #857
  • Jul 30, 2007 3:45am Jul 30, 2007 3:45am
Quoting MikeW
Sorry bundubill, I didn't see your post.

What I would have said is that if you are following Auslancos signals then you have to respect the stoploss that you were given. Usually they are at precise points and the market may turn just before reaching it.

Seeing as you are just starting I hope that you are on a practice account and have read up on proper money management. There are some good threads on money management and trading psychology by Diallist and Fiji elsewhere in the forum. I think in the Beginners Q&A section.

There's also a wealth of information in the James16 thread and the James16 private forum (which you have to subscribe to, but well worth it even if you only do it for a month).

Regards

Mike

Maybe i can help you to find the link, Mike...

This thread is a very good one, i learned much...

http://www.forexfactory.com/showthre...?t=3690&page=2
  • #858
  • Jul 30, 2007 3:46am Jul 30, 2007 3:46am
Quoting auslanco
My strategy is written all over the forum.. for the last one week. It just a matter of not having it on a one single post.
Look guys.. this is a big reality shock for most people. I dont get every single trade right. Otherwise I would hire George Soros as my Financial Advisor, Bill Gates as my IT consultant or George Bush as my secretary. As I say Losses are part of the game. If you cant handle loses forex is not for you. I didnt promise anyone I got the holy grail. I didnt force anyone to trade my signals either. I'm comfortable with my loss which is only 2% of my account. I never force anyone to learn my stratgey. My startegy is my strategy. Infact I dont even have to explain to niether one of you. I was doing this as a favour to newbies.
I, for one, would like to thank you very much!
  • #859
  • Jul 30, 2007 3:46am Jul 30, 2007 3:46am
Quoting auslanco
My strategy is written all over the forum.. for the last one week. It just a matter of not having it on a one single post.
Look guys.. this is a big reality shock for most people. I dont get every single trade right. Otherwise I would hire George Soros as my Financial Advisor, Bill Gates as my IT consultant or George Bush as my secretary. As I say Losses are part of the game. If you cant handle loses forex is not for you. I didnt promise anyone I got the holy grail. I didnt force anyone to trade my signals either. I'm comfortable with my loss which is only 2% of my account. I never force anyone to learn my stratgey. My startegy is my strategy. Infact I dont even have to explain to niether one of you. I was doing this as a favour to newbies.
If you ask me I prefer to walk thru the strategy and actually see how it works rathern than just be looking for something to read. Sometimes not all can be captured in key strokes.
  • #860
  • Jul 30, 2007 3:46am Jul 30, 2007 3:46am
sideprime,
thanks...finally...it took me around 10 posts to make someone tell me where the setup is....goes to show how many here really follow just the signals rather than the strategy....
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