Retrace now??
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Auslanco 15min GBP/JPY startegy 630 replies
Auslanco-GBP/JPY Strength Indicator strategy 344 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
DislikedCool .. thanks Aus. Good lesson.
Question: If ADX is not above 20, do you consider a rally still in progress? And what the ADX minimum value for a confirmed rally?
Thank you.Ignored
DislikedAus whats your take buddy, do you think it will break the 232 barrier ? so far it has failed quiet a few times today..Ignored
DislikedStill haven't gone more than 50 pips from where it was when I said it wouldn't go more than 50 pips before the rate decision.Ignored
Disliked20 is the minimum value.. anything below that the pair is dead.. If you analyze the ADX indicator.. when the pair is moving up.. ADX is sloping down.. when the pair is moving down the ADX is moving up.. Thats a another great indication that the strength of the pair is to the down side.Ignored
DislikedI like instant gratification.
Seriously, do you think it will go below the 231.5 area that we hit last week?Ignored
Dislikedyess.. it will smash the 232 support.. 30 min touched 50 line and crossed down.. now the pair is fresh and has strength to kick ass.Ignored
DislikedAus, i went short with qqe cross down on 30 min and was watching 15 min strategy technically doesnt the price have to come back to the 5 sma to actually get in on the 15 min fall?
ThanksIgnored
Disliked5 sma is the entry point.. what I do is Load 25% at the cross down and 75% when the price retraced to 5 sma.Ignored
Quoting auslancoDisliked.
Never trade against the trend. Specially with a high volatile pair like GBP/JPY. It may give you couple of winning trades. But it’s going to get you in the long run.Ignored