Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 1083 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/JPY, GBP/USD

Similar Threads

Auslanco-GBP/JPY Strength Indicator strategy 345 replies

Auslanco 15min GBP/JPY startegy 630 replies

My MT4 indicators for Auslanco's strategy 92 replies

Auslanco 15 minute Strategy Oanda FXManager Updates.. 62 replies

Questions About Auslanco's Trades 72 replies

Attachments: Auslanco - GBP/JPY and GBP/USD (newstrade)
Exit Attachments

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

  • #21,641
  • Sep 5, 2007 3:46am Sep 5, 2007 3:46am
Quoting egutie6970
Thanks bro... yea thats what i'm hoping for... i notice this pair goes the opposite way when news is realease then the way it really wants to go... also Tokyo is going to close in 15 minutes so that might be the push up as well hmm lets just wait and see...
Yeah that's why I traded GU on this report.. got 10 pips.. move was definitely muted considering that the report was great.. so overall GBP tone still 'feels' bearish.. maybe it wants to hit the 4 hr 5SMA?
  • #21,642
  • Sep 5, 2007 3:48am Sep 5, 2007 3:48am
If the 30 min cross upwards there will be a 4hr retracement. it doesn't mean that bears are gone. After a price consolidation it will start going down again. Wait until 30 mins to cross back down again to go short.
  • #21,643
  • Sep 5, 2007 3:50am Sep 5, 2007 3:50am
Quoting VishalJ
Yeah that's why I traded GU on this report.. got 10 pips.. move was definitely muted considering that the report was great.. so overall GBP tone still 'feels' bearish.. maybe it wants to hit the 4 hr 5SMA?
Let it "feels" the bear...Retracement may be limited, so...Prepare and be ready after the Asian session closed
Hello World
  • #21,644
  • Sep 5, 2007 3:57am Sep 5, 2007 3:57am
Quoting auslanco
If the 30 min cross upwards there will be a 4hr retracement. it doesn't mean that bears are gone. After a price consolidation it will start going down again. Wait until 30 mins to cross back down again to go short.
Thanks Aus!

Why is 30min. so pivotal??
  • #21,645
  • Sep 5, 2007 3:59am Sep 5, 2007 3:59am
retracement hasn't quite made it to 38.2 yet
Attached Image (click to enlarge)
Click to Enlarge Name: kkk.gif Size: 32 KB
  • #21,646
  • Sep 5, 2007 4:00am Sep 5, 2007 4:00am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
based on Auslanco's chart system, i have a touch on the 5Sma on the 1h, the 4h is still bearish.

would it mean we can go short? only the 30m has got a sharp upturn on the QQE and MOM. do we need to wait for the 30m to turn bera again?

regards

MPP

needed to rewrite the question, it looked more like a statement than a question.
  • #21,647
  • Sep 5, 2007 4:03am Sep 5, 2007 4:03am
Quoting MPP
based on Auslanco's chart system, i have a touch on the 5Sma on the 1h, the 4h is still bearish.

would it mean we can go short? only the 30m has got a sharp upturn on the QQE and MOM. do we need to wait for the 30m to turn bera again?

regards

MPP

needed to rewrite the question, it looked more like a statement than a question.
You've got your system, made a conclusion...Then, take a position...It's just that easy...
Hello World
  • #21,648
  • Sep 5, 2007 4:05am Sep 5, 2007 4:05am
Quoting rodders
Thanks Aus!

Why is 30min. so pivotal??
You can catch the tops and bottoms of the trend on 30 min TF when the pair is trending. It's also very sensitive to news releases, giving us an early warning.
  • #21,649
  • Sep 5, 2007 4:07am Sep 5, 2007 4:07am
Quoting MPP
based on Auslanco's chart system, i have a touch on the 5Sma on the 1h, the 4h is still bearish.

would it mean we can go short? only the 30m has got a sharp upturn on the QQE and MOM. do we need to wait for the 30m to turn bera again?

regards

MPP

needed to rewrite the question, it looked more like a statement than a question.

30 min is already crossed up.. so I would wait until it cross back down to go short. Until then I will stay away from the market.
  • #21,650
  • Sep 5, 2007 4:08am Sep 5, 2007 4:08am
Quoting waf_1988
Is the move significant?! Aus said that these releases may affect the pair on limited range, and then, the trend will resume afterwards... What do you spot>! A reversal?! Or retracement?

i reckon its just a retracement--NOT reversal
and its closed below 50ema on 4hr
lets the bears party begin (if it goes up--i see it facing strong resistence at 233.30/40-- a bit higher then that then ill be cursing in here)
  • #21,651
  • Sep 5, 2007 4:08am Sep 5, 2007 4:08am
Quoting auslanco
You can catch the tops and bottoms of the trend on 30 min TF when the pair is trending. It's also very sensitive to news releases, giving us an early warning.
I learn too much here everyday!!
  • #21,652
  • Sep 5, 2007 4:09am Sep 5, 2007 4:09am
Quoting Hakuna Matata
i reckon its just a retracement--NOT reversal
and its closed below 50ema on 4hr
lets the bears party begin (if it goes up--i see it facing strong resistence at 233.30/40-- a bit higher then that then ill be cursing in here)

+ we got 50 ema on 1hr and Aus 5sma /4hr around 233.35ish

100sma on 1hr at 233.35

lotta resistence there
  • #21,653
  • Sep 5, 2007 4:15am Sep 5, 2007 4:15am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting waf_1988
You've got your system, made a conclusion...Then, take a position...It's just that easy...
Only been running Auslanco's system this week, So my conclusion is stay out until i understand. I placed that trade, zero entry - SL 0 tp 0. money safe

kind regards

MPP
  • #21,654
  • Sep 5, 2007 4:15am Sep 5, 2007 4:15am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting auslanco
30 min is already crossed up.. so I would wait until it cross back down to go short. Until then I will stay away from the market.
Thanks for the info.

kind regards

MPP
  • #21,655
  • Sep 5, 2007 4:19am Sep 5, 2007 4:19am
Quoting Hakuna Matata
+ we got 50 ema on 1hr and Aus 5sma /4hr around 233.35ish

100sma on 1hr at 233.35

lotta resistence there
Yup, that is right where 50% retracement is from last move down
  • #21,656
  • Sep 5, 2007 4:22am Sep 5, 2007 4:22am
Quoting lepiricus
Yup, that is right where 50% retracement is from last move down
But, doesn't it have to go through 233.00 1st?
  • #21,657
  • Sep 5, 2007 4:25am Sep 5, 2007 4:25am
[quote=Holypendant;1576978]
Quoting winterwhite

My main concern is will Oanda close down? den there goes my money...
Sorry, been away from the pc again. Why do you think oanda would close down?
  • #21,658
  • Sep 5, 2007 4:26am Sep 5, 2007 4:26am
The pair finding a strong Resistance @ 4hr 50EMA and 30min Gann(TFT), There's a good downside momenum on the 1hr TF .30 min QQE doesnt want to cross upwards either. There wil be more bearish action if 30min QQE doesn't cross upwards within this hour.
  • #21,659
  • Sep 5, 2007 4:29am Sep 5, 2007 4:29am
[quote=MikeW;1577079]
Quoting Holypendant

Sorry, been away from the pc again. Why do you think oanda would close down?
i dont know. i'm just scare as i had an account with them...
  • #21,660
  • Sep 5, 2007 4:32am Sep 5, 2007 4:32am
Quoting auslanco
The pair finding a strong Resistance @ 4hr 50EMA and 30min Gann(TFT), There's a good downside momenum on the 1hr TF .30 min QQE doesnt want to cross upwards either. There wil be more bearish action if 30min QQE doesn't cross upwards within this hour.
Technically correct? How's fundamental outlook?! Bear-biased is seen intraday... Wew..It's tiring for sure. Shorted the pair....Can't wait...
Hello World
276 traders viewing now