Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 1446 | 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)

  • #28,901
  • Sep 18, 2007 6:28pm Sep 18, 2007 6:28pm
Quoting Hakuna Matata
short 233.12
t/p 50-70 pips
  • #28,902
  • Sep 18, 2007 6:28pm Sep 18, 2007 6:28pm
Quoting VishalJ
Morning mate, I don't understand why this is going down.. if it's a retrace, yes.. but I can't comprehend why a retrace on this pair should go 200 pips.. especially after the 50 point cut.
g/j is a very volatile pair and makes much larger moves that any other pairs. I think it could still go down another 150 pips from where it is right now 233, and that would be a decent retrace.
  • #28,903
  • Sep 18, 2007 6:36pm Sep 18, 2007 6:36pm
Anybody see this yet? Almost 2 hours long. Sorry no popcorn.

http://zeitgeistmovie.com/
"Only when the tide goes out will we know who is swimming naked."
  • #28,904
  • Sep 18, 2007 6:43pm Sep 18, 2007 6:43pm
Quoting I.Y.I
Mark,i've asked you before.Why do you think are happening the whole things with the the depreciating currencys?
There has never been a fiat currency in history which has not been destroyed by the government. The government has the power to create money out of thin air. This allows them to essentially spend whatever they want, without having to go through all of the pain of taxing the people. For a while, the government can grow as big as it wishes and can provide perks and favors to selected groups. The people don't notice, because the cost is being pushed into the future.

Eventually, the currency becomes weaker and weaker, so the government has to create more and more just to try and stay even. You can't of course, so the end result is always hyperinflation and the destruction of the fiat currency.

The US dollar has lasted for 35 years as a fiat currency because the world believed that the US government would act in a responsible manner to protect the value of the dollar. Also, the fact that it has been the global commodity currency has created a global demand for the dollar, and allowed us to create much more money than we otherwise would have been able to.

The US dollar is doomed. I forsee a maximum of 2-5 years before there is complete collapse. At that point, we will go backed to a gold-backed dollar, as there really is no other feasible option. All other major currencies will do the same.
  • #28,905
  • Sep 18, 2007 6:46pm Sep 18, 2007 6:46pm
Quoting pipped oFF
Anybody see this yet? Almost 2 hours long. Sorry no popcorn.

http://zeitgeistmovie.com/
They supply a torrent file on the downloads page if you want to burn a disc and watch it on your TV.
  • #28,906
  • Sep 18, 2007 6:47pm Sep 18, 2007 6:47pm
Quoting markam
There has never been a fiat currency in history which has not been destroyed by the government. The government has the power to create money out of thin air. This allows them to essentially spend whatever they want, without having to go through all of the pain of taxing the people. For a while, the government can grow as big as it wishes and can provide perks and favors to selected groups. The people don't notice, because the cost is being pushed into the future.

Eventually, the currency becomes weaker and weaker, so the government has to create more and more just to try and stay even. You can't of course, so the end result is always hyperinflation and the destruction of the fiat currency.

The US dollar has lasted for 35 years as a fiat currency because the world believed that the US government would act in a responsible manner to protect the value of the dollar. Also, the fact that it has been the global commodity currency has created a global demand for the dollar, and allowed us to create much more money than we otherwise would have been able to.

The US dollar is doomed. I forsee a maximum of 2-5 years before there is complete collapse. At that point, we will go backed to a gold-backed dollar, as there really is no other feasible option. All other major currencies will do the same.
which gives room for the amero. things are going as planned
  • #28,907
  • Sep 18, 2007 6:52pm Sep 18, 2007 6:52pm
The end of that film is pretty interesting. The first part covers religious symbolism more or less. The second 911 conspiracy, and the third is about the Fed / economic power / the future of the U.S. currency.
"Only when the tide goes out will we know who is swimming naked."
  • #28,908
  • Sep 18, 2007 6:55pm Sep 18, 2007 6:55pm
Quoting bmwboyee
which gives room for the amero. things are going as planned
The fly in that ointment is the fact that mexico will collapse as a functioning state long before they will be able push the amero through. Mexico functions only because of 2 things, oil income and money sent from mexicans in the US back to Mexico. Because of production declines, they will cease to be an oil exporter in the next five years. As far as money from illegal immigrants in the states, the coming severe recession will put a stop to that.
  • #28,909
  • Sep 18, 2007 7:01pm Sep 18, 2007 7:01pm
Is there still time to go short? This pair just keeps dropping
  • #28,910
  • Sep 18, 2007 7:01pm Sep 18, 2007 7:01pm
Quoting Hakuna Matata
mrning everyone
long got stopped at 233.30 -by trailing stop
missed good entry for short--will wait a while
15min short scalp confirmed,shall we take it?
  • #28,911
  • Sep 18, 2007 7:02pm Sep 18, 2007 7:02pm
Quoting markam
There has never been a fiat currency in history which has not been destroyed by the government. The government has the power to create money out of thin air.
Markam, have you watched this? You would get a kick out of it!

The Money Masters - How International Bankers Gained Control of America

Part 1
http://video.google.com/videoplay?do...54561904832383

Part 2
http://video.google.com/videoplay?do...45760512239683
  • #28,912
  • Sep 18, 2007 7:02pm Sep 18, 2007 7:02pm
The Nikkei opened up 236 points, so I closed my short.
  • #28,913
  • Sep 18, 2007 7:04pm Sep 18, 2007 7:04pm
This will continue to fall to 231.53 imo the weekly pivot, minimum 232.30 the monthly pivot.
  • #28,914
  • Sep 18, 2007 7:07pm Sep 18, 2007 7:07pm
Nikkei is +416 points
  • #28,915
  • Sep 18, 2007 7:07pm Sep 18, 2007 7:07pm
Nikkei up 416 points. GJ is not going to go down right now.
  • #28,916
  • Sep 18, 2007 7:08pm Sep 18, 2007 7:08pm
Quoting VishalJ
Is there still time to go short? This pair just keeps dropping
on my 30min chart,it is testing 23.6% fibo,if the next bar can break it,there might be a slow down ride.
  • #28,917
  • Sep 18, 2007 7:08pm Sep 18, 2007 7:08pm
close my short at 232.94
  • #28,918
  • Sep 18, 2007 7:11pm Sep 18, 2007 7:11pm
Quoting markam
Nikkei up 416 points. GJ is not going to go down right now.
I would say that the FTSE would shoot up too.. usually world equities follow US markets. Besides, global markets have been in the red for too long
  • #28,919
  • Sep 18, 2007 7:13pm Sep 18, 2007 7:13pm
GJ isn't really going up.. just went up a couple of pips relative to the nikkei. What the hell is stopping all the carries lol
  • #28,920
  • Sep 18, 2007 7:14pm Sep 18, 2007 7:14pm
Nikkei up 467. With this assbackwards currency, that means the yen value should be plunging. I wonder why it isn't.
96 traders viewing now