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

  • #19,461
  • Aug 30, 2007 10:58pm Aug 30, 2007 10:58pm
Quoting Freddyfx
Aus, please give me the # of the post where I can read about your scalp system, so I can try it out Mexican style.
I posted it yesterday bro.. not sure which page it is.
  • #19,462
  • Aug 30, 2007 10:58pm Aug 30, 2007 10:58pm
Think i can guess... (at the moment anyways!)
Attached Image
  • #19,463
  • Aug 30, 2007 10:59pm Aug 30, 2007 10:59pm
Quoting stanru
Hi
gbp\jpy is simply overbought
Readings below 20 are considered oversold and readings above 80 are considered overbought.
Just my 2 cent
Regards Stan
Yet, huge moves happen when the stochs (these are the ones in your chart, right?) are way up or down there.

Keep this at the back of your head ifyou want. All I can tell you is that I have missed some good moves because I was afraid to go in when these indicators looked "over"something.

Thanks to Auslanco, I have one or two things to look at and not think of what "could" happen.

My opinion. Make of it what you will.
  • #19,464
  • Aug 30, 2007 10:59pm Aug 30, 2007 10:59pm
More bulls added...Stronger moves are on due...

Stochastic crossed over, 5SMA pointed up, momentum is on the way up...

Man, I love these formations....
Attached Image (click to enlarge)
Click to Enlarge Name: sa.gif Size: 14 KB
Hello World
  • #19,465
  • Aug 30, 2007 11:00pm Aug 30, 2007 11:00pm
Quoting karmostaji
Let me help you and save you some time.

I was once a newbie and thought I'll go with oversold and overbought, then one day it was overbought and it moved another 500 pips up, I was like hmm what.. from that day I threw these overbought/oversold indicators in the bin, they are useless.

my .02 pips
Those stochastics, they be lying to us always I tell yah.
"Only when the tide goes out will we know who is swimming naked."
  • #19,466
  • Aug 30, 2007 11:00pm Aug 30, 2007 11:00pm
Quoting lilmoe
hello all.

it seams that my alarm really worked this time, i'm up after 4 hours, lol.
anyway i watching my charts and i guess the super mighty resistence wasn't broken and deflected our good ole beast.

its starting to show a really nice cross downwards on my 15m and 30m charts, i'm waiting for a good entry short. anyone agrees?
Now might be a good time.
  • #19,467
  • Aug 30, 2007 11:00pm Aug 30, 2007 11:00pm
Quoting Azili
Thats cool Stanru....


it looks like a rainbow vomited on your screen man.
I’m see many forex experts before
Regards Stan
  • #19,468
  • Aug 30, 2007 11:01pm Aug 30, 2007 11:01pm
Trade what you see, not what you think.
  • #19,469
  • Aug 30, 2007 11:02pm Aug 30, 2007 11:02pm
Quoting karmostaji
Let me help you and save you some time.

I was once a newbie and thought I'll go with oversold and overbought, then one day it was overbought and it moved another 500 pips up, I was like hmm what.. from that day I threw these overbought/oversold indicators in the bin, they are useless.

my .02 pips
OSCILATORS DON'T REALLY WORK IN A STRONG TREND.
{Spam Removed}
  • #19,470
  • Aug 30, 2007 11:03pm Aug 30, 2007 11:03pm
Quoting Pips_Cruiser
Now might be a good time.
But I think we'll be breaking through 234.50 pretty soon.
  • #19,471
  • Aug 30, 2007 11:03pm Aug 30, 2007 11:03pm
Quoting brucehvn
Did you put 2 copies of the indicator on your chart? You need one to be the VT Default and the other to use an ATR of 21 with a multiplier of 4.
no i didn't do that. I just now put 2 copies in there now and set the first one with the VT defalut set to true and ATR to flase and the other with VT default false and ATR to true with the correct numbers. So now I have two sets of arrows. so when both arrows line up go long or short?
  • #19,472
  • Aug 30, 2007 11:04pm Aug 30, 2007 11:04pm
Quoting Saintjay
OSCILATORS DON'T REALLY WORK IN A STRONG TREND.
I agree... But, for now... I see it supporting the trend, so...Just as an additional information for the strength of the trend...
Hello World
  • #19,473
  • Aug 30, 2007 11:05pm Aug 30, 2007 11:05pm
Quoting waf_1988
More bulls added...Stronger moves are on due...

Stochastic crossed over, 5SMA pointed up, momentum is on the way up...

Man, I love these formations....
15 min going up as well with 30mins to follow.

It's almost enough to give one an erection!
  • #19,474
  • Aug 30, 2007 11:05pm Aug 30, 2007 11:05pm
I am thinking the largest move higher will come during NY time
  • #19,475
  • Aug 30, 2007 11:05pm Aug 30, 2007 11:05pm
Hey Aus, or anyone that knows Aus's scalping strategy..

I see 3 bull arrows now in the 5min..and obviously the 30min and 4hr are confirmed from a long time..so does this mean I can enter again at the next candle at 5sma? IS that how this strategy works?? Correct me if i'm wrong please..
  • #19,476
  • Aug 30, 2007 11:06pm Aug 30, 2007 11:06pm
lOOKS LIKE WE PULLED THE RUBBER BAND TIGHT ENOUGH TO BREAK 234.50 THIS TIME AUS YOU AGREE?
{Spam Removed}
  • #19,477
  • Edited 11:07pm Aug 30, 2007 11:06pm | Edited 11:07pm
Quoting Freddyfx
Aus, please give me the # of the post where I can read about your scalp system, so I can try it out Mexican style.
Page 1236 is a good place to start. MT4 indicators were posted at the other thread. Here it is:
http://forexfactory.com/showthread.php?t=41509

It will be easier to find there. It's on the last page
  • #19,478
  • Aug 30, 2007 11:06pm Aug 30, 2007 11:06pm
anyone expecting another pull back to 234'ish?
"Only when the tide goes out will we know who is swimming naked."
  • #19,479
  • Aug 30, 2007 11:07pm Aug 30, 2007 11:07pm
Quoting AndyPass
15 min going up as well with 30mins to follow.

It's almost enough to give one an erection!
Wew, the forum must be full of horny people right now...

Ooopsss....Mine too...
Hello World
  • #19,480
  • Aug 30, 2007 11:09pm Aug 30, 2007 11:09pm
Quoting pipslovah
Hey Aus, or anyone that knows Aus's scalping strategy..

I see 3 bull arrows now in the 5min..and obviously the 30min and 4hr are confirmed from a long time..so does this mean I can enter again at the next candle at 5sma? IS that how this strategy works?? Correct me if i'm wrong please..
I wouldn't bother wasting your time scalping now. This could be a BIG move. Probably after it retraces back to the 5min 5sma.
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