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

  • #1,021
  • Jul 30, 2007 7:20am Jul 30, 2007 7:20am
Quoting ovidiu
From what I am reading on http://www.tradecurrency.ca/, TFT is an idicator that replaces the PAR SAR, and it comes in a package with strenght idicator but not for MT platforms, I guess it's not that far fetched that we can use PAR as a replacement for TFT.
What's your opinion in that A?

U sure can use PAR, as I used to do before TFT came with the package so why not
  • #1,022
  • Jul 30, 2007 7:22am Jul 30, 2007 7:22am
Here Here.. sri
  • #1,023
  • Jul 30, 2007 7:23am Jul 30, 2007 7:23am
Quoting auslanco
8 EST Analysis,
Momentum showing some promising down trend
strength indicator is very close to turn bullish.. which could be a a worry.. a small swing towards 240 , the short term trend may turn to bullish. be carefull .. there may not be a large number of pips down under... I feel the pair is due for a major correction upwards heading in to UK interest rates on wednesday.
uk interest rates are on thursday
  • #1,024
  • Jul 30, 2007 7:26am Jul 30, 2007 7:26am
Quoting ovidiu
So I loaded your profile EMDA, it still looks like there is still some work to be done to make it like Asulanco but hey that's why we are here, I am very curious what you think about my zero line proposal for the momentum indicator
yes... that's why I posted the zip file with the profile... so someone can improve it. I didn't read about your zero line proposal... can't find it.
  • #1,025
  • Jul 30, 2007 7:30am Jul 30, 2007 7:30am
Quoting 59fender
uk interest rates are on thursday
Thanks 59fender , yes it is on thursday
  • #1,026
  • Jul 30, 2007 7:31am Jul 30, 2007 7:31am

Quoting sri
Whats the problem with u ,NS karthik?

Quoting sri

Why are u taking all these jabs at someone?There is no reason to be critical of someone over and over again. I dont understand why people cannot stand few people. please dont get behind someone just becoz he is helping the newbies in here.

PLease remember " when u are pointing one finger at anyone,u fail to realize that 3 of ur very own fingers are pointing at u "
Auslanco never asked u or anyone to take those trades..He just announced his trades. everyone was happy and over the top when u got everyone 1000 pips last week but now 1 wrong call and everyone gunning for him. No one has ever got all calls right. losses are part of the deal.u win some and loose some...but the greatness of a stratergy is if u have more wins than losses and have effective money management skills,u still end up making money by the end of the day.
And moreover,in forex no one should blindly follow calls. at the end of the day it is ur money and u should be able to decide where and when u want to place the trade and how u want to exit it.

Just leave one bad trade behind and move on- which is healthier for this thread and auslanco to continue to contribute here.

agreed...

We Got To Lose To Know How To Win-Martin Tyler
"Analysis Is Hard But Trade Is Easy"
  • #1,027
  • Jul 30, 2007 7:33am Jul 30, 2007 7:33am
Quoting Ryurina
Beginner's luck i think. I'm starting to learn seriously when last week i follow auslanco's signal blindly and the i don't satisfy with it.

I feel like a fool, hehehe...

But, i really learn a lot in this thread and the point is don't take the signal blindly, we must know, why auslanco take the trade based on his indicator, we must learn also how to use auslanco's indicator. So, when we loss we don't just blame auslanco, blame ourself that don't have much experience and learn less. I knew from the post that auslanco has posted, that he must study over 3 years to master his indicator. So, 1 week is just not enough at all.

Thanks auslanco for your kindness to let us learn from you...
As with any method or system we must use our own discretion in making our trading decisions and accept responsibility for those decisions. Auslanco has been very kind and generous in sharing his system, knowledge, and experience with us. I also have learned a lot this past week. I feel I have a much better understanding of some of the ideas that he uses in his system such as multiple time frames, which I have studied in other threads, but was not able to fully understand. Still so much to learn, but gaining knowledge and building confidence. Thank you auslanco for your time and help.
I entered a little late at 239.61 - sl at 240.92. As it retraced and passed the 38 fib I decided to move my stop just beyond the 50 fib which was also the daily pivot, feeling this would be a strong resistance area. It did bounce and came back down. Not sure if this was the proper way to manage a trade, but in this case it did work and this is my understanding of using discretion. It was already a loosing trade at this point, so I risked a little more loss to gain a turn around at a solid resistance point.
  • #1,028
  • Jul 30, 2007 7:35am Jul 30, 2007 7:35am
Quoting sri
Whats the problem with u ,NS karthik?

Why are u taking all these jabs at someone?There is no reason to be critical of someone over and over again. I dont understand why people cannot stand few people. please dont get behind someone just becoz he is helping the newbies in here.

PLease remember " when u are pointing one finger at anyone,u fail to realize that 3 of ur very own fingers are pointing at u "
Auslanco never asked u or anyone to take those trades..He just announced his trades. everyone was happy and over the top when u got everyone 1000 pips last week but now 1 wrong call and everyone gunning for him. No one has ever got all calls right. losses are part of the deal.u win some and loose some...but the greatness of a stratergy is if u have more wins than losses and have effective money management skills,u still end up making money by the end of the day.
And moreover,in forex no one should blindly follow calls. at the end of the day it is ur money and u should be able to decide where and when u want to place the trade and how u want to exit it.

Just leave one bad trade behind and move on- which is healthier for this thread and auslanco to continue to contribute here.
Thanks Sri.. Some people just done know how to take a loss.. but they call them selves traders
  • #1,029
  • Jul 30, 2007 7:36am Jul 30, 2007 7:36am

Quoting glenn5t
Guys..

Quoting glenn5t

The indicator is a commercial one that has been renamed ....try googling quantitative qualitative estimation indicator.......

and you will find the following....have not used it...or you can use the momentum indicator in the standard indicators and set it on 10.....



woaaaa...dude...how to use that!!!
"Analysis Is Hard But Trade Is Easy"
  • #1,030
  • Jul 30, 2007 7:39am Jul 30, 2007 7:39am
Testing resistance again.. price just touched the 4h 5SMA too
Trade what you see, not what you think.
  • #1,031
  • Jul 30, 2007 7:40am Jul 30, 2007 7:40am

auslanco...4 hr starting to turnbullish...do u think possible to long scalp
for 50 pips?

"Analysis Is Hard But Trade Is Easy"
  • #1,032
  • Jul 30, 2007 7:41am Jul 30, 2007 7:41am
I find the standard indicator usefull and add a R.S.I with a Absolute strength..

The indicator Trend RSIv3 is also a version of a Q.Q.E indicator....

  • #1,033
  • Jul 30, 2007 7:42am Jul 30, 2007 7:42am
Ok guys the 4hr Strength indicator crossed @ the 239.88.. which is not a good sign if you want to short... as I mentioned before this could be a sign of things to come in late this session or tommorrow. Be carefull if you want to go short.. I feel that, this market will turn around for a correction upwards.
Attached Image
  • #1,034
  • Jul 30, 2007 7:44am Jul 30, 2007 7:44am
And the 1hr is already bullish .
Attached Image (click to enlarge)
Click to Enlarge Name: one hr.jpg Size: 54 KB
  • #1,035
  • Jul 30, 2007 7:44am Jul 30, 2007 7:44am
Quoting 59fender
uk interest rates are on thursday
The US NFP is out on Fri.
  • #1,036
  • Jul 30, 2007 7:45am Jul 30, 2007 7:45am
1hr and 4hr 5sma touching
  • #1,037
  • Jul 30, 2007 7:46am Jul 30, 2007 7:46am
Quoting cesande
Here Here.. sri
hey Cesande,

Is there something u wanted to tell me there??

Didint get ur point with only 2 word post.
  • #1,038
  • Jul 30, 2007 7:48am Jul 30, 2007 7:48am
Quoting Se[V]eN

auslanco...4 hr starting to turnbullish...do u think possible to long scalp



for 50 pips?

Umm not sure about that Seven.. We will only get the 4hr bullish confirmation @12EST. after that if the 1 hr strength Indicator has crossed the 50 line upwards by then I will go long.
  • #1,039
  • Jul 30, 2007 7:49am Jul 30, 2007 7:49am
Only to tell you that I agree 100% with your post. Hence the (here here...).
Sorry if I confused you, just agreed and wanted to let you know as such.
  • #1,040
  • Jul 30, 2007 7:50am Jul 30, 2007 7:50am
Quoting farmhand
1hr and 4hr 5sma touching
Yeahh.. It may go thru 5 sma upwards, since the bullish trend is building up.
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