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

  • #17,401
  • Aug 28, 2007 8:21pm Aug 28, 2007 8:21pm
Quoting auslanco

Good morning.

Good morning Aus
  • #17,402
  • Aug 28, 2007 8:21pm Aug 28, 2007 8:21pm
down baby down
  • #17,403
  • Aug 28, 2007 8:22pm Aug 28, 2007 8:22pm
Quoting trogger
Hi traders

I'm a newbie.

Had a couple of mini lots on the GY a few weeks ago, ended up hedging and into a horrible mess, and THEN found "Forexfactory" THEN found AUS's strategy at the original place on this siteTHEN found his new thread!

Do you guys know how long it takes to read/ review 1160 pages!!

Gee, i'm tired.

PLEASE : can anyone tell me when/if the great Auslanco signs in?

(Followed his trade last night and decided to close everything out. I want to watch and learn first, before starting again.)

he just signed in
Trade what you see, not what you think.
  • #17,404
  • Aug 28, 2007 8:23pm Aug 28, 2007 8:23pm
Good Morning Sensi
  • #17,405
  • Aug 28, 2007 8:23pm Aug 28, 2007 8:23pm
Quoting auslanco

Good morning.

Top of the morning to you!
  • #17,406
  • Aug 28, 2007 8:24pm Aug 28, 2007 8:24pm
Quoting auslanco

Good morning.

G'day.

Hope the weather in Perth is as nice as it is in Canberra at the moment!
  • #17,407
  • Aug 28, 2007 8:25pm Aug 28, 2007 8:25pm
Quoting Spent1
Good Morning Sensi

was that japanese?
  • #17,408
  • Aug 28, 2007 8:25pm Aug 28, 2007 8:25pm
Quoting AndyPass
G'day.

Hope the weather in Perth is as nice as it is in Canberra at the moment!

Beautiful in sydney too!
  • #17,409
  • Aug 28, 2007 8:25pm Aug 28, 2007 8:25pm
while i was typing!
Quoting maestr2
he just signed in
  • #17,410
  • Aug 28, 2007 8:26pm Aug 28, 2007 8:26pm
Good morning Aus..
  • #17,411
  • Aug 28, 2007 8:26pm Aug 28, 2007 8:26pm
morning Aus, man I miss the weather in Australia, hot and humid as hell in Korea right now
  • #17,412
  • Aug 28, 2007 8:28pm Aug 28, 2007 8:28pm
Looks like she's going back up for a breather.
  • #17,413
  • Aug 28, 2007 8:28pm Aug 28, 2007 8:28pm
Here's my take on the situation. 227.40 represents a 50% Fibo on the 4H Chart. 4H momentum is flat. The 15M QQE is presently bullish. 1H momentum is very bullish. The first attempt at 227.43 price jumped off of it like it was touching a hot stove. As Aus has said before, the second attempt to break a major support level will require reinforcements, in this case from above. We are long overdue for a 4H retracement. And don't forget that price was never able to successfully break through the last 50% Fib which can still be seen on this chart. I think a bigger retracement is going to be needed to break through 227.40. However, if it does break through, I think we'll see the 61.8 Fib around 225.50.

M2B
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy 4h.gif Size: 21 KB
  • #17,414
  • Aug 28, 2007 8:28pm Aug 28, 2007 8:28pm
yehhh.. Nice move.. 30min and 1hr QQE are on oversold levels.. there will be a price consolidation.. will wait and see
  • #17,415
  • Aug 28, 2007 8:29pm Aug 28, 2007 8:29pm
Quoting AndyPass
Looks like she's going back up for a breather.
1HR. 5sma??
  • #17,416
  • Aug 28, 2007 8:29pm Aug 28, 2007 8:29pm
man! that 227.40 support is one heck of a strong support ! bounced right off
  • #17,417
  • Aug 28, 2007 8:30pm Aug 28, 2007 8:30pm
took profit at 227.64 , +40pips
  • #17,418
  • Aug 28, 2007 8:31pm Aug 28, 2007 8:31pm
Quoting auslanco
yehhh.. Nice move.. 30min and 1hr QQE are on oversold levels.. there will be a price consolidation.. will wait and see

I sent you three messages but guess busy with charging the batteries
  • #17,419
  • Aug 28, 2007 8:31pm Aug 28, 2007 8:31pm
Auslanco, I have a question. My daily bar opened on Alpari about 3 1/2 hours ago at 22:00 GMT. I'm trying to learn about the momentum indicator. I've attached a screenshot. The momentum on the daily chart is pointing up but still less than the zero line. Should I interpret this as a possible daily 5SMA retrace due, or is it more likely to dip to the TFT and bounce?
Attached Image
  • #17,420
  • Aug 28, 2007 8:31pm Aug 28, 2007 8:31pm
Daily 50% FIB for this dragon..! Tested twice, second time after the small retrace...POST #17138 New to the forums, so trying give my 2 cents...
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