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

Hi Big Bruv, i'll tell you what i do when i jump on this thread. i dont "useuly" read the whole days posts if i dont have time, but at least the last 5 or so pages. it only takes me 10 minutes max and you will get 99% of what the situation is. or start with the last page first incase you are lucky and hapen to join the thread exactly on a trade recomendation, but if there is none obvious talk then go back and enjoy some of the reading. I hope this helps

seems to be a lot of volaytility suddenly

any news cmoe out?

I went long @ 232.63

1st TP 235.50
2nd TP 238.80

Good luck to me

GBP nationwide house prices are up.

I'm waitng fot the day 5 EMA to cross, also RSI not above the 50 line yet

whats your SL karmo?

would u consider exiting if the 1hr candle closed back below that 23.6%fib?

any s/l in mind?

good luck (im in too --but with like 1/4 of my usual position--lot of volatility for no reason in last 10 min

hehehe, i guess u had to go long when u saw the price couldn't breake the 61.8 fibo line on the 15m TF...

i did the same at price 232.58

EARLY FX CHATTER FOCUSING ON RUMOR OF SEVERAL EU BANKS ANNOUNCING SUBPRIME LOSSES LATER TODAY AT A PRESS CONFERENCE
- Dealers suggesting that perhaps a large German, French Bank may announce subprime losses

Thanks ...baby...

I do this all the time, but after reading the last5 or so....i wasn't getting any bias....baby....

To be honest....i only read Aus's and Karmos treads.....but they are few and far between....thta'ts why i always miss the trades

It just quicker asking.....baby...just quicker

you read my mind, I was thinking about the hourly closing below the 23.6 fib, well let's see how it plays out

SL at beginning is 100 pips, I move it as we go on.. I don't have any specific rules for SL

Good, then you must have read when aus sugested the longs are back "BUT" the 30m must cross over which it has not yet, so if you are not sure yet like me, dont trade until you are sure BB. And by the way, i think i read one of your posts yesturday you dont use aus's indicators? if this is the case,i highly recomend you do. so this thread makes sence to you. check his system tutorial thread and i may assist you with questions via pm if you realy give it a go. i sincerely want to help you, so please dont think i am a mr know it all or trying to be smart.

that 61.8 line i was talking about to my last post to karmo sure is holding!!

your helping Auslanco is greatly appreciated and I will take advantage of it if needed as well, but will keep it to a minimum. I like to figure things out for myself if possible.

Mom. on the 30m, and the H1 are bearish on MT4
H4 is the only one with a bullish signs.

So based on that, is it somewat less risky to assume that the short term trend is down for now?

I have one at 232.40, is that the one you are talking about?

Can you kindly direct me to this thread, am still a newbie willing to learn. Thanks.

Thanks very much, Godfrey! Unfortunately though, I don't have MT4. But very interesting, anyway!

Thanks for the Help...baby...

I really only use Aus's tread as confirmation......I have my own system which works pretty well but i generally only go for 100 pip trades at a time...which is more than enough for me ...baby....

I have also read his strategy, however bicos i do not use his indicators i did not go into the detail..
I keep my trading style simple...baby...Perception...Perception...Perception.........stops me from stressing out


Thaks for the Help

Welcome to this post. in this post i will answer all the comon questions i receive, the thread receives, and aus receives 1000 times more. i will add all the necessary links and instructions for basic instalation such as indicaters. I will keep on adding things as i learn so keep this post in mind which i will also display it on my signiyure for easy access, before you ask questions on the thread or pm auslanco. most likely the answer will be in my post for you newbies and mabe you pro's.

All that i will ask from you is, when ever you come across a link or instruction, please make an efort working it out first and if there is a understanding isue after you tried, by all means, ask me via pm first, and if we can't sort it out after that, you can skype me and i will take you thrugh it live chat. but that must be last resort so please don't abuse my offer. my skype details will be added below. I sincerely want to help, but you have to be genuine with wanting to learn. i will be able to tell just by reading your questions if you genuinely tried.

VT STOP LEVEL REVERSE EXTRACTION AND INTALATION INSTRUCTIONS:
Go to the botom of this page to get the link if you dont already have it.

A) save it on your desk top for easy access and how to do this is you right click the link - save as - desk top or anywhere else you can access to - ok.

Instaling the link to your charts.

A) right click the zip file (the link you just saved on your desk top)
B) click extract all and extraction wizard box pops up then click next
C) the next box asks you where you want the files extracted to so you click the browse button.
D) a select a destination box apears now you do the following,
-click my computer
-click local disk Cdrive (thats where your trading platform should be)
-click programe files
-scroll down till you find your trading platform ie: vttrader and click on it
-scroll down till you find indicators. vt case it should read stdindicators
-highlight stdindicators and click ok
now you will be back to the extraction wizard box. And in that box, click next then in the next box untick the show extracted files and click the finish button. Now it will be in your trading platform

Now how to apply it to your charts

A) open chart and right click on the chart. (roughly where the candle section is but not on a candle or other indicator) then go to "ADD TRADING SYSTEM"

B) select trading system box apears and look thrugh it and you should find
"vt stop level reverse system 2"

C) double click "vt stop level reverse system 2" and the indicators will apear.

PS: there is a vt stop level reverse system that is a default in this list as well you can add. you will find these two strading systems one on top of the other.

The settings for these indicators are,
-you right click on the pink dotted line that is bellow or above the candles and click "edit trading system property "

-ATR PERIODS change it to 21
-ATR MULTIPLIER change to 4
- then click ok.

Also add another QQE indicator from your indicator list and change the settings on that at the smoothing factor of 1

AUSLANCOS SYSTEM INDICATORS FOR MT4 INSTALATION

Find the link below if you do not already have it.
-once again save it to your desk top
-right click on it and click extract all
-click next on the extraction wizard
-press browse on the next box
-then, my computer-local disk cdrive(again thats if your mt4 is there)-program files-scroll down till you find your broker ie: fxdd meta trader 4- click experts-click indicators then click ok
Then you will be back on the extraction wizard and click next.

now you have to add the same indicators to templates.
just follow the same steps above up to when you click fxdd meta trader 4. then you scroll down till you find templates. then click on templates and then ok. again you will end up at extraction wizard box and click next then finish.

APPLYING THE INDICATORS ON YOUR CHARTS
-right click on your chart
-go to "templates"
-click on "load templates"
-and you should find "auslanco tpl" in there
- click on "auslanco tpl" and click open.





MY SKYPE NAME
goguners2

SKYPE WEBSITE
www.skype.com


AUSLANCO'S LINKS

Auslanco's indicater strategie:
www.forexfactory.comshowthread.php?t=41509

vt stop level reverse system indicater:
Auslancos's system indicaters for mt4: