Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 104 | 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)

  • #2,061
  • Jul 31, 2007 1:48pm Jul 31, 2007 1:48pm
Quoting charvo
GU will drop in 4~8 hours, chance to up is really low, but daily speaking, GU will be up tommorrow.
REALLY? What crystal ball are you using?

Quoting charvo
And the major trend is up.
2.0250 is a SL point, if you don't want to shoulder the risk.
Once again REALLY? The upward trendline on the daily charts was broken.
PLUS it closed below the 50 EMA.

PLUS the 251 high on July 19 should be interpreted as #5 if counting waves.

But hey what do I know :
...because you never know - until you do!
  • #2,062
  • Jul 31, 2007 1:49pm Jul 31, 2007 1:49pm
there she blows. I'm done!
  • #2,063
  • Jul 31, 2007 1:55pm Jul 31, 2007 1:55pm
Quoting karmostaji
we are in a wedge, i'm expecting a breakout tomorrow
When you said tomorrow here, do you mean after market close for today?
  • #2,064
  • Jul 31, 2007 1:55pm Jul 31, 2007 1:55pm
Quoting alexanvl
there she blows. I'm done!
I'm with you.

Here's why....
American Home Mortgage plunges 87 pct

NEW YORK (Reuters) - Shares of American Home Mortgage Investment Corp. (AHM.N: Quote, Profile, Research) resumed trading on Tuesday, plunging 87 percent after the mortgage lender said it is unable to fund home loans and may have to liquidate its assets.
Shares of American Home were halted before the bell on Monday after closing at $10.47 on the New York Stock Exchange on Friday. They were trading at $1.40 on Tuesday.
http://www.reuters.com/article/hotSt...44388620070731
Humble Lifetime Member
  • #2,065
  • Jul 31, 2007 2:06pm Jul 31, 2007 2:06pm
Quoting karmostaji
we are in a wedge, i'm expecting a breakout tomorrow


How do u think are we going to see levels above 243 and then breakout?
And sorry for the silly question,but what is wedge just don't know?

Thank u
  • #2,066
  • Jul 31, 2007 2:08pm Jul 31, 2007 2:08pm
Quoting trader8686
When you said tomorrow here, do you mean after market close for today?
yes, some time after todays close.. I don't know when

here we can see GJ bouncing up and down the past couple of hours in an uptrend, we will have to breakout either way soon

http://img407.imageshack.us/img407/6518/gjus3.gif
Trade what you see, not what you think.
  • #2,067
  • Jul 31, 2007 2:09pm Jul 31, 2007 2:09pm
I think that a late-day collapse of the dow sinks any hope of GJ going up. I think we will be in the 230's by this evening.

Still on track for my 210-220 prediction.
  • #2,068
  • Jul 31, 2007 2:10pm Jul 31, 2007 2:10pm
Quoting I.Y.I
How do u think are we going to see levels above 243 and then breakout?
And sorry for the silly question,but what is wedge just don't know?

Thank u
I don't like to predict, but if we reach 243 and break out of the wedge and close at a higher price from the trendline, 244 will be in the reach
Trade what you see, not what you think.
  • #2,069
  • Jul 31, 2007 2:10pm Jul 31, 2007 2:10pm
We will see if the plunge protection team can save the dow before the closing bell, or if the floor drops out.

Big drop, sell GJ
  • #2,070
  • Jul 31, 2007 2:12pm Jul 31, 2007 2:12pm
230's????? So you expecting over a 300 or more pip drop?? This evening???

Quoting markam
I think that a late-day collapse of the dow sinks any hope of GJ going up. I think we will be in the 230's by this evening.

Still on track for my 210-220 prediction.
  • #2,071
  • Jul 31, 2007 2:14pm Jul 31, 2007 2:14pm
should we add some longs on jpy crosses at this levels...looks cheap
its just money
  • #2,072
  • Jul 31, 2007 2:16pm Jul 31, 2007 2:16pm
1h looks bearish 4h looks bearish i think this baby is going down down.and it broke the inner trendline
  • #2,073
  • Jul 31, 2007 2:17pm Jul 31, 2007 2:17pm
Quoting markam
I think that a late-day collapse of the dow sinks any hope of GJ going up. I think we will be in the 230's by this evening.

Still on track for my 210-220 prediction.

I tend to agree with you. I am a novice when it comes to trading but the market reacts to news and since is the Dow is in the red, I'm thinking we are in for a big plunge (Carry Trades Unwinding).
Humble Lifetime Member
  • #2,074
  • Jul 31, 2007 2:17pm Jul 31, 2007 2:17pm

excuse me...what is our daily trend status? bull or bear?...
im refering to the strenght indicator ...could someone answer me

"Analysis Is Hard But Trade Is Easy"
  • #2,075
  • Jul 31, 2007 2:18pm Jul 31, 2007 2:18pm
Quoting newjersey24
230's????? So you expecting over a 300 or more pip drop?? This evening???

The daily charts are still down. GJ touched the 5sma on the daily chart and is dropping. If the dow does a nosedive before closing, we are going to see another major drop in the carry trade overnight.

Besides, it is only a 175 pip drop to get in the 230s. GJ can do that in about 30 seconds.
  • #2,076
  • Jul 31, 2007 2:22pm Jul 31, 2007 2:22pm
Quoting Se[V]eN

excuse me...what is our daily trend status? bull or bear?...

im refering to the strenght indicator ...could someone answer me

I have VT now so I can respond..., Daily is still bearish very much QQE = SI below the 50 line and below the signal line
  • #2,077
  • Jul 31, 2007 2:23pm Jul 31, 2007 2:23pm
Quoting PipBuLL007
1h looks bearish 4h looks bearish i think this baby is going down down.and it broke the inner trendline
4H isn't bearish yet... QQE is pointing down, but hasn't crrosed it's signal line
  • #2,078
  • Jul 31, 2007 2:26pm Jul 31, 2007 2:26pm
Quoting karmostaji
yes, some time after todays close.. I don't know when

here we can see GJ bouncing up and down the past couple of hours in an uptrend, we will have to breakout either way soon

http://img407.imageshack.us/img407/6518/gjus3.gif
By saying to break out the wedge u mean to break out the trend line aren't u?
  • #2,079
  • Jul 31, 2007 2:28pm Jul 31, 2007 2:28pm
Quoting karmostaji
I don't like to predict, but if we reach 243 and break out of the wedge and close at a higher price from the trendline, 244 will be in the reach
daily bearish, 1H QQE very close to geting below 50 line, 4H still bulish so maybe some rise to 243 like you say and after that we will see.
I just want to know if I got it right with Fibo levels, that I read on babypips.

fibo levels for last rally:
241.84 resistance 23.6
241.15 support 38.2
240.60 support 50
240.05 support 61.8
fibo levels for the drop since 20th:
243.15 resistance 38.2
244.65 resistance 50

Plese tell me if i got them right

Thanks
  • #2,080
  • Jul 31, 2007 2:29pm Jul 31, 2007 2:29pm
Quoting karmostaji
yes, some time after todays close.. I don't know when

here we can see GJ bouncing up and down the past couple of hours in an uptrend, we will have to breakout either way soon
Don't you think we have already broke out on the downside????
I don't see this changing until 240.50ish
30 traders viewing now