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

  • #11,701
  • Aug 20, 2007 8:13am Aug 20, 2007 8:13am
Quoting Big Bruv
HA HA......

my boss caught me using my laptop to trade and was not very happy....
so it kinda means baby...i can not do any analysis........
that;s why i was making a suggestion........only a suggestion baby.....
Oh I liked it for SHO, me like to have a lots of fun, lets kick this thing up and make some money, and forgive the Pun, it was all in FUN.

Better hide better from the boss, and put a screensaver up so it will distract him the next time he walks by.
  • #11,702
  • Aug 20, 2007 8:15am Aug 20, 2007 8:15am
Quoting kuroro001
It doesn't seem a good day to trade , the market doesn't move a lot.
Maybe the leading index m/m for the US will change that
I like to call this a normal market condition. Last week we saw was once in a life time extraordinary market moves. I guess making money on these conditions is the real deal.
  • #11,703
  • Aug 20, 2007 8:16am Aug 20, 2007 8:16am
We'll see what happens in 13 minutes...
Greed and impatience are our greatest enemies.
  • #11,704
  • Aug 20, 2007 8:17am Aug 20, 2007 8:17am
Hi aus,

so nice to see you today, i have a small confusion, today you went long in the first trade at the 30min cross and confirmation, and this second trade you`ll be long at the 15min cross and confirmation, what is the difference between the two of them, to take the decision of entry in the first and in the second?, thanks
  • #11,705
  • Aug 20, 2007 8:17am Aug 20, 2007 8:17am
Isn't it that all indicators line up NOW ?

Quoting auslanco
I like to call this a normal market condition. Last week we saw was once in a life time extraordinary market moves. I guess making money on these conditions is the real deal.
  • #11,706
  • Aug 20, 2007 8:18am Aug 20, 2007 8:18am
30 min still cross down (MT4)
  • #11,707
  • Aug 20, 2007 8:18am Aug 20, 2007 8:18am
Quoting blanca
Hi aus,

so nice to see you today, i have a small confusion, today you went long in the first trade at the 30min cross and confirmation, and this second trade you`ll be long at the 15min cross and confirmation, what is the difference between the two of them, to take the decision of entry in the first and in the second?, thanks

No difference.. Just trying to find the safest entry point.. I'm not long yet by the way. Still not happy with the price action.. i may wait until the 30 min cross up.
  • #11,708
  • Aug 20, 2007 8:26am Aug 20, 2007 8:26am
Hello all,

First post and great thread. I have been following this thread for a while.

Looks like the pair is consolidating.
Wanted to go long at 15m cross over but looking at MACD and Stochas in addition to the Auslanco strategy, MACD looks pretty flat and 15m stochas was overbought and was trending down.

Gonna sit out for a while. Happy trading peops!
  • #11,709
  • Aug 20, 2007 8:26am Aug 20, 2007 8:26am
still no clear long signal in smaller time frames
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  • #11,710
  • Aug 20, 2007 8:26am Aug 20, 2007 8:26am
Quoting monarch
Looks like price stalled at the 229.55 line last night exactly, and since has come to find support near the Asia/Frankfurt Session High.

Price then has come back up her the past hour or so and found Resistance at the High on Friday 228.96.

I am watching for a break above the Friday Resistance 228.96 or a possible drop below the support at 228.03 which is a small 100 pip range for now.

The Momentum just dropped below the 100 line on the 30 minute, but the Candle has opened above the 5SMA once again, but the 1Hour Candle is below the 5SMA, once it moves back above, I would be looking for a move upward to re-test the High at 229.55, if it remains below, then we could be ready to test the Support at 228.03 once again.

Your thoughts Folks??
Taking a step back and looking at the current movement, the way I see it is that the price is currently sitting on a pivot zone (approx. 229.00-229.60) that stretches back to Nov/Dec and Feb/March. After breaking through this zone on last weeks downward move it is now revisiting the zone for the first time which usually results in a bounce back down. On the second attempt at this zone it should break through, giving us a good uptrend. The only bit that I'm not too sure of is whether friday's move can be counted as the first revisit.

Mike
  • #11,711
  • Aug 20, 2007 8:29am Aug 20, 2007 8:29am
Quoting auslanco
No difference.. Just trying to find the safest entry point.. I'm not long yet by the way. Still not happy with the price action.. i may wait until the 30 min cross up.
AUS...i know you stopped the yahoo alerts.....baby...but anyway you could yahoo me?

by the way....i slept with 2 virgins and cut off my hair....(the curse is now broken)....baby.........
  • #11,712
  • Aug 20, 2007 8:29am Aug 20, 2007 8:29am
Larger time frames are bullish..
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  • #11,713
  • Aug 20, 2007 8:29am Aug 20, 2007 8:29am
Closed my short for 35 pips .. now I wish I had traded a bigger lot lol
  • #11,714
  • Aug 20, 2007 8:32am Aug 20, 2007 8:32am
The biggest newbie karmo is here
Trade what you see, not what you think.
  • #11,715
  • Aug 20, 2007 8:32am Aug 20, 2007 8:32am
Quoting Big Bruv
AUS...i know you stopped the yahoo alerts.....baby...but anyway you could yahoo me?

by the way....i slept with 2 virgins and cut off my hair....(the curse is now broken)....baby.........
Big Bruv in action
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  • #11,716
  • Aug 20, 2007 8:32am Aug 20, 2007 8:32am
Quote
VishalJClosed my short for 35 pips .. now I wish I had traded a bigger lot lol

Good for you my friend..

  • #11,717
  • Aug 20, 2007 8:33am Aug 20, 2007 8:33am
welcome back bro..

i thought u were on break? what happened to the 24/7 trading from monday?
Quoting karmostaji
The biggest newbie karmo is here
  • #11,718
  • Aug 20, 2007 8:33am Aug 20, 2007 8:33am
Quoting karmostaji
The biggest newbie karmo is here
Hi Karmo.. Good to have you back
  • #11,719
  • Aug 20, 2007 8:34am Aug 20, 2007 8:34am
Quoting auslanco
Big Bruv in action
  • #11,720
  • Aug 20, 2007 8:34am Aug 20, 2007 8:34am
Quoting VishalJ
Closed my short for 35 pips .. now I wish I had traded a bigger lot lol
Vishal the man
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