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

  • #1,681
  • Jul 31, 2007 6:14am Jul 31, 2007 6:14am
Aussie please check your PM
  • #1,682
  • Jul 31, 2007 6:16am Jul 31, 2007 6:16am
Quoting auslanco
GBP/USD


I will be calling a news trade.. 10 mins before the news release @ 8.30EST.. Please trade this @ your Own risk.
I am in...lets tear it up today.....
  • #1,683
  • Jul 31, 2007 6:20am Jul 31, 2007 6:20am
Quoting Rustyyy
I am in...lets tear it up today.....

LOL
  • #1,684
  • Jul 31, 2007 6:20am Jul 31, 2007 6:20am
Auslanco,

Do you ever move your stops up to break even or do you just set and forget?

Mike
  • #1,685
  • Jul 31, 2007 6:26am Jul 31, 2007 6:26am
Quoting MikeW
Auslanco,

Do you ever move your stops up to break even or do you just set and forget?

Mike

I move them after 100 pips up
  • #1,686
  • Jul 31, 2007 6:32am Jul 31, 2007 6:32am
we have lift off!
http://ocw.mit.edu/NR/rdonlyres/4D9C...chp_rocket.jpg
"it doesn't come any sharper than this!"
  • #1,687
  • Jul 31, 2007 6:33am Jul 31, 2007 6:33am
Quoting DR.ich
we have lift off!
haha.. be careful... we touched a channel
  • #1,688
  • Jul 31, 2007 6:34am Jul 31, 2007 6:34am
DJIA Futures up 100 points +.
If this stays like this by market open this thing will take off like a rocket.
  • #1,689
  • Jul 31, 2007 6:35am Jul 31, 2007 6:35am
Quoting DR.ich
we have lift off!
  • #1,690
  • Jul 31, 2007 6:36am Jul 31, 2007 6:36am
Quoting auslanco
Are you using the strength indicator??
I place my stop loss 100 pips from the 1hr strength indicator cross over to the 50 line. I have found it very effective and a safe .
Hi Aus,

I've been out for a couple of hours. Thanks a lot for the info. Is the strength indicator the same as the Relative Strength Index on MT4, if not is it on this thread please

Thanks for your help
  • #1,691
  • Jul 31, 2007 6:37am Jul 31, 2007 6:37am
hi auslanco, it appears that your 5sma is an excellent moving average, i am using metatrader4. did you apply the smoothed or simple to the ma. in addition was it applied to the open, high, or close. and based on the 5sma how do you determine to go long or short? simple question, but i will learn a lot from an explanation. if there is already a comment please point me to it.
thanks
  • #1,692
  • Jul 31, 2007 6:37am Jul 31, 2007 6:37am
Quoting auslanco
GBP/USD


I will be calling a news trade.. 10 mins before the news release @ 8.30EST.. Please trade this @ your Own risk.
as usual bro, no pain no gain thanks lots
  • #1,693
  • Jul 31, 2007 6:39am Jul 31, 2007 6:39am
Quoting bundubill
Hi Aus,

I've been out for a couple of hours. Thanks a lot for the info. Is the strength indicator the same as the Relative Strength Index on MT4, if not is it on this thread please

Thanks for your help

No completely different.
  • #1,694
  • Jul 31, 2007 6:39am Jul 31, 2007 6:39am
whats your new SL? TP?
  • #1,695
  • Jul 31, 2007 6:40am Jul 31, 2007 6:40am
Quoting auslanco
currently encountering turbulence on top of emda's channel...hmmm how long till it reach the moon?
"it doesn't come any sharper than this!"
  • #1,696
  • Jul 31, 2007 6:41am Jul 31, 2007 6:41am
Quoting DR.ich
we have lift off!
http://ocw.mit.edu/NR/rdonlyres/4D9C...chp_rocket.jpg
I love tis word... haha
  • #1,697
  • Jul 31, 2007 6:44am Jul 31, 2007 6:44am
Quoting emda
ovidiu.. definitely.. the absolutestrength with default paramaters is quite the same as auslanco's strength indicator.
It might be the same but the one that I've took from this thread has 4 lines, 1 for bear one for bull and each has it's signal line, and belive me it doesn't resembles A's strenght a bit. If you have something I would be most gratefull if you can attach it to this thread.
Thanks
  • #1,698
  • Jul 31, 2007 6:44am Jul 31, 2007 6:44am
Quoting DR.ich
currently encountering turbulence on top of emda's channel...hmmm how long till it reach the moon?
245 baby....the bus ain't stopping...

Can u smell what the bus is cooking ( ..or should that be going?...)
  • #1,699
  • Jul 31, 2007 6:45am Jul 31, 2007 6:45am
Quoting Holypendant
I love tis word... haha

I would not want to be around where that missle landed
  • #1,700
  • Jul 31, 2007 6:47am Jul 31, 2007 6:47am
Quoting edkami
hi auslanco, it appears that your 5sma is an excellent moving average, i am using metatrader4. did you apply the smoothed or simple to the ma. in addition was it applied to the open, high, or close. and based on the 5sma how do you determine to go long or short? simple question, but i will learn a lot from an explanation. if there is already a comment please point me to it.
thanks
I dont take long or short position on 5 SMA.. 5 SMA is the true price. Price retrace to 5 SMA..after a big spike it's called the Magnatic MA..
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