Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 263 | 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)

  • #5,241
  • Aug 8, 2007 9:30pm Aug 8, 2007 9:30pm
Quoting monarch
That is funny, I was doing the same thing this afternoon after the market went dead.

Good Trading to you!


Yehh.. I might just strat doing something else untill London starts..
Attached Image
  • #5,242
  • Aug 8, 2007 9:32pm Aug 8, 2007 9:32pm
somethings got to give,a break above and we run into more resistance. we could use a healthy pullback before another wave up
Attached Image (click to enlarge)
Click to Enlarge Name: today's yen.jpg Size: 43 KB
  • #5,243
  • Aug 8, 2007 9:34pm Aug 8, 2007 9:34pm
Quoting magiclino
Can we expect the breaks today? At London open? Or tomorrow? Next week? And lastly: how do you predict when this breakouts will occur? Thanks.

it's the 4hr 1hr combination. simple theaory. Cant predecit anything at the moment... no market movement and indicators are lagging.. I'm waiting until some volume picks up. Most probably there will be a upside break out again.. but there'salso a big retracemnt due from the last night rally.
  • #5,244
  • Aug 8, 2007 9:36pm Aug 8, 2007 9:36pm
Aus,

Do you have any thoughts about why GJ hit against 244 like it was a wall, even when the dow continued upwards another 100+ points today? It did not fit at all the normal reaction of GJ to dow movements. The movement (or lack thereof) of GJ in the early afternon did not make sense, especially since it did match dow movements all morning, and in the late afternoon, when the dow shot down and then shot up.
  • #5,245
  • Aug 8, 2007 9:38pm Aug 8, 2007 9:38pm
Quoting auslanco


Yehh.. I might just strat doing something else untill London starts..
You better take care of that printer, and find something more relaxing until LONDON Open.

I prefer a Drop here on GJ for a reload on the fibo retrace.

Until then I am just hanging around.


http://lifeboat.com/images/skydiver.jpg
  • #5,246
  • Aug 8, 2007 9:47pm Aug 8, 2007 9:47pm
Quoting monarch
You better take care of that printer, and find something more relaxing until LONDON Open.

I prefer a Drop here on GJ for a reload on the fibo retrace.

Until then I am just hanging around.


http://lifeboat.com/images/skydiver.jpg
cool picture, that's what I do for fun
  • #5,247
  • Aug 8, 2007 9:47pm Aug 8, 2007 9:47pm
Quoting monarch
You better take care of that printer, and find something more relaxing until LONDON Open.

I prefer a Drop here on GJ for a reload on the fibo retrace.

Until then I am just hanging around.
Hey Monarch, what's the fibo retrace level you looking at?
Trade what you see, not what you think.
  • #5,248
  • Aug 8, 2007 9:50pm Aug 8, 2007 9:50pm
Quoting markam
Aus,

Do you have any thoughts about why GJ hit against 244 like it was a wall, even when the dow continued upwards another 100+ points today? It did not fit at all the normal reaction of GJ to dow movements. The movement (or lack thereof) of GJ in the early afternon did not make sense, especially since it did match dow movements all morning, and in the late afternoon, when the dow shot down and then shot up.

The way I look at the market is a little different... I allocate number of pips for different time frames.. Usually 4hr +1hr combination it can go 200-300 pips before a big retracement or reversal. The last night rally was about 370 pips. And that is about the maximum this pair can go before a breather. No matter what.. GJ has it's own characteristics.
  • #5,249
  • Aug 8, 2007 9:53pm Aug 8, 2007 9:53pm
Quoting monarch
You better take care of that printer, and find something more relaxing until LONDON Open.

I prefer a Drop here on GJ for a reload on the fibo retrace.

Until then I am just hanging around.

Another hobby of mine when the market is dead
Attached Image
  • #5,250
  • Aug 8, 2007 9:57pm Aug 8, 2007 9:57pm
Quoting auslanco
Another hobby of mine when the market is dead
SWEET!
  • #5,251
  • Aug 8, 2007 9:59pm Aug 8, 2007 9:59pm
Quoting auslanco
Another hobby of mine when the market is dead




that is what you call SMOKIN!
  • #5,252
  • Aug 8, 2007 10:00pm Aug 8, 2007 10:00pm
SI/QQE just crossed below 50 line on 15m chart
Trade what you see, not what you think.
  • #5,253
  • Aug 8, 2007 10:05pm Aug 8, 2007 10:05pm
Quoting markam
Aus,

Do you have any thoughts about why GJ hit against 244 like it was a wall, even when the dow continued upwards another 100+ points today? It did not fit at all the normal reaction of GJ to dow movements. The movement (or lack thereof) of GJ in the early afternon did not make sense, especially since it did match dow movements all morning, and in the late afternoon, when the dow shot down and then shot up.
This will probably answer your question of why it stopped at 244

http://www.dailyfx.com/export/sites/...m/0808top1.gif

http://www.dailyfx.com/export/sites/...m/0808top2.gif


http://www.dailyfx.com/story/trading...604368150.html
  • #5,254
  • Aug 8, 2007 10:06pm Aug 8, 2007 10:06pm
hey aus...quick question here...why u not using levelRSIfast in VT?...
for example rite now...cable...4H is bullish and 1 H is still bullish...
1H SI is not going under levelRSIslow yet...but soon if SI crossing levelRSIfast upward can we set up a long trade?
"Analysis Is Hard But Trade Is Easy"
  • #5,255
  • Aug 8, 2007 10:17pm Aug 8, 2007 10:17pm
Quoting Se[V]eN
hey aus...quick question here...why u not using levelRSIfast in VT?...
for example rite now...cable...4H is bullish and 1 H is still bullish...
1H SI is not going under levelRSIslow yet...but soon if SI crossing levelRSIfast upward can we set up a long trade?


mY si shows the 1hr SI is crossed downwards.. but still above the 50 line. This is a indication of a retracement. I wouldnt go long if the 1hr SI cross upwards again without touching the 50 line... even if I do I will be very cautious since 1hr has not gone for the full retracement. This is where we went wrong on Monday.. when we went short before the 1hr touched the 50 line and crossed downwards.
If the 1hr SI touch the 50 line and cross upwards again.. that means the full retracement is completed and it's ready for a another breakout of 300 pips this time since we have the daily support from today..
  • #5,256
  • Aug 8, 2007 10:23pm Aug 8, 2007 10:23pm

my 1H GJ is crossing downward...but im asking about GU...or u not trading GU base on this method or my chart is diffrent than yours...
could u plss attach ur chart?

"Analysis Is Hard But Trade Is Easy"
  • #5,257
  • Aug 8, 2007 10:24pm Aug 8, 2007 10:24pm
one more reason in a long list of reasons notice former support acting as resistance
Attached Image (click to enlarge)
Click to Enlarge Name: 111.jpg Size: 33 KB
  • #5,258
  • Aug 8, 2007 10:36pm Aug 8, 2007 10:36pm
Crazy, I tell ya Crazy!!!!
Trade what you see, not what you think.
  • #5,259
  • Aug 8, 2007 10:36pm Aug 8, 2007 10:36pm
looks as if she's wanting to drop watch for 242.50
  • #5,260
  • Aug 8, 2007 10:40pm Aug 8, 2007 10:40pm
watch this thing fall nicely to 242.75 area
Trade what you see, not what you think.
30 traders viewing now