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

  • #7,601
  • Aug 14, 2007 5:32pm Aug 14, 2007 5:32pm
Stop hunting is my guess..
  • #7,602
  • Aug 14, 2007 5:34pm Aug 14, 2007 5:34pm
Please help me how to set up the chart as per Auslanco's method.


Thanks
  • #7,603
  • Aug 14, 2007 5:36pm Aug 14, 2007 5:36pm
AR
http://www.forexfactory.com/showthre...53#post1524053
This is auslanco's setup thread
  • #7,604
  • Aug 14, 2007 5:39pm Aug 14, 2007 5:39pm
Quoting mktjong
Great, I agreed with statements: "Sell bounce on a down trend" and "Buy dip on an uptrend" http://www.forexfactory.com/images/icons/icon7.gif
That's how people make money of it which I think it's really true http://www.forexfactory.com/images/icons/icon14.gif
http://www.forexfactory.com/images/icons/icon14.gif
  • #7,605
  • Aug 14, 2007 5:39pm Aug 14, 2007 5:39pm
So the markets are oppening at 7:00 am right???
  • #7,606
  • Aug 14, 2007 5:39pm Aug 14, 2007 5:39pm
Quoting ar1002
Please help me how to set up the chart as per Auslanco's method.


Thanks
Everything is in here:
http://www.forexfactory.com/showthread.php?t=41509
  • #7,607
  • Aug 14, 2007 5:40pm Aug 14, 2007 5:40pm
M2B...(or anyone)... I just wondered what your system's longer-term charts suggest about GU?

Two weeks ago, one of my more 'weird' charts, which I seldom use, was giving me a similar signal for GU to that which I told you about last Friday for GJ - i.e., indicating a tectonic(!) top - and suggesting a drop in GU which was so enormous it was difficult to take seriously.

For the last couple of days, I've had a signal from one of my 'normal' charts also suggesting an absolutely colossal drop in GU coming, down to at least 1.8800.

But I can't find any further confirmation of this on any of my other charts. It seems difficult to swallow... and yet I've got such strong downward 'torque' (as I term it to myself) on GU down at 1.9730 area that I find it difficult to dismiss. Also, in view of my charts indicating an enormous GJ drop to come, it doesn't seem so crazy.

I wondered what your charts suggest?
  • #7,608
  • Aug 14, 2007 5:41pm Aug 14, 2007 5:41pm
Thank you. Are you getting good results using this method?


Quoting culinarian
AR
http://www.forexfactory.com/showthre...53#post1524053
This is auslanco's setup thread
  • #7,609
  • Aug 14, 2007 5:46pm Aug 14, 2007 5:46pm
Sorry for the silly question guys,but are all the stock markets oppening at 7:00 AM???
  • #7,610
  • Aug 14, 2007 5:48pm Aug 14, 2007 5:48pm
Quoting Richardj
M2B...(or anyone)... I just wondered what your system's longer-term charts suggest about GU?

Two weeks ago, one of my more 'weird' charts, which I seldom use, was giving me a similar signal for GU to that which I told you about last Friday for GJ - i.e., indicating a tectonic(!) top - and suggesting a drop in GU which was so enormous it was difficult to take seriously.

For the last couple of days, I've had a signal from one of my 'normal' charts also suggesting an absolutely colossal drop in GU coming, down to at least 1.8800.

But I can't find any further confirmation of this on any of my other charts. It seems difficult to swallow... and yet I've got such strong downward 'torque' (as I term it to myself) on GU down at 1.9730 area that I find it difficult to dismiss. Also, in view of my charts indicating an enormous GJ drop to come, it doesn't seem so crazy.

I wondered what your charts suggest?
Sorry, I've been focusing exclusively on GBP/JPY the last several weeks. Can anyone else here give Richard some info?

M2B
  • #7,611
  • Aug 14, 2007 5:49pm Aug 14, 2007 5:49pm
IYI
which markets are you asking about?
  • #7,612
  • Aug 14, 2007 5:53pm Aug 14, 2007 5:53pm
Quoting culinarian
IYI
which markets are you asking about?
So,i'm asking about Japan,London,USA and Amsterdam for example???
  • #7,613
  • Aug 14, 2007 5:57pm Aug 14, 2007 5:57pm
Quoting I.Y.I
So,i'm asking about Japan,London,USA and Amsterdam for example???

Go there :

http://www.babypips.com/school/market_hours.html
COT: The precious data ignored
  • #7,614
  • Aug 14, 2007 5:57pm Aug 14, 2007 5:57pm
SYdney is open, tokyo opens in 1hr 5min, london in 8hrs, new york in 13 hrs......
  • #7,615
  • Aug 14, 2007 5:58pm Aug 14, 2007 5:58pm
Quoting Que
Ok guys,

We made a QQE indicator for MT4 with an alert and email system. It works just like the VT QQE and if you compare the two you will have a 99% accuracy. the 1% difference is the difference between the data feeds, not the math of the indicator.


This indicator is good for a week, this is just for testing at the moment.

Tell us what you think.
My first observation would be that it haves more intersections with the signal line than on VT, look on 1H chart from 09.08.2007 to 10.08.2007 the crosings with 50 line QQE intersects it's signal line acouple of times, but on Vt only one intersection. Except that it looks identical, I am sure that you can fix this glitch to, impresive work, keep it up.
  • #7,616
  • Aug 14, 2007 5:59pm Aug 14, 2007 5:59pm
Pin bar forming on the 30M Chart. I know pin bars are not real affective on lower time frames but a quick glance at a 30M Chart will show that they usually will produce some type of retracement.

M2B
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy 30m.jpg Size: 39 KB
  • #7,617
  • Aug 14, 2007 5:59pm Aug 14, 2007 5:59pm
Quoting I.Y.I
So,i'm asking about Japan,London,USA and Amsterdam for example???
Go here. It covers stock and forex markets

http://www.worldmarkethours.com/Stoc...htm?12,0,1,0,5
  • #7,618
  • Aug 14, 2007 6:00pm Aug 14, 2007 6:00pm
Please explain me how to set this. How to add red line on the value 50?

Strength Indicator = Quantitative Qualitative Estimation Indicator ( Smoothing period 5) Please go to indicator properties and add a red line on the value 50.
Go to color /style on the same indicator properties and turn the LevelRSIfast to white(invisible)....



Quoting culinarian
AR
http://www.forexfactory.com/showthre...53#post1524053
This is auslanco's setup thread
  • #7,619
  • Aug 14, 2007 6:03pm Aug 14, 2007 6:03pm
Quoting my2buoys
Pin bar forming on the 30M Chart. I know pin bars are not real affective on lower time frames but a quick glance at a 30M Chart will show that they usually will produce some type of retracement.

M2B
Yes, I'm getting a bit nervous about a retracement of some sort soon, as well.
  • #7,620
  • Aug 14, 2007 6:05pm Aug 14, 2007 6:05pm
Quoting ar1002
Thank you. Are you getting good results using this method?
- I only just got set up this past weekend, and have done two trades: the first a loser, the second a winner. From back-reading this thread and my own very late and brief experience, I would say that the key to success with this method is a precise observance of the rules for entry. (My loser resulted from my imprecise understanding of the rules and my faulty inerpretation of what the indicators were telling me, along with my impatience. So I jumped in too soon.)

Now I'm more confident, and shall demo-trade the strategy until I see 90% winners. Then I'll put real money behind it.
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