Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 1748 | 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)

  • #34,941
  • Oct 1, 2007 11:23am Oct 1, 2007 11:23am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting karmostaji
honestly something is wrong with me, or it's my mind playing games on me. I think I need a break to re-think everything with myself and get back to the old karmo. I'm 100% sure it's all because of looking at smaller TF's than 1hr!

well Karmo, you know what you need to do.

turn of the PC, and go snowboarding, or sand boarding. refresh the mind and body.

Here's your pass, take three days of and then clean your charts and start again.

enjoy your days off, see you soon.

MPP
  • #34,942
  • Oct 1, 2007 11:24am Oct 1, 2007 11:24am
pls come back to your normal farmo cos u are the menthol behind our trades, can any one help me with pionts and resistace and surport levels
  • #34,943
  • Oct 1, 2007 11:32am Oct 1, 2007 11:32am
come on karmoji..lets have a nice cool breath.....waiting you to smoke up this thread with hooka/shisha....ehhehehe...wish you back soon..
  • #34,944
  • Oct 1, 2007 11:49am Oct 1, 2007 11:49am
Quoting wog
pls come back to your normal farmo cos u are the menthol behind our trades, can any one help me with pionts and resistace and surport levels

menthol is an irritant and desensitizes the nerve endings in the mucosa....
but eucalyptus is better.... helps the voice too... to call out your trades.

Dr. D.
  • #34,945
  • Oct 1, 2007 11:49am Oct 1, 2007 11:49am
I'm not going to look at 5m, 15m nor 30m charts, it is not my style, from the day I started looking at those, everything has went downhill.

I say that I will take a brake and leave, but I'm just too addicted to forex. I'm just going to force myself to stick with 1hr/4hr charts and no scalping (I'll leave that for Hakuna lol), so I'll wait until the next opportunity presents itself.
Trade what you see, not what you think.
  • #34,946
  • Oct 1, 2007 11:53am Oct 1, 2007 11:53am
Quoting karmostaji
I'm not going to look at 5m, 15m nor 30m charts, it is not my style, from the day I started looking at those, everything has went downhill.

I say that I will take a brake and leave, but I'm just too addicted to forex. I'm just going to force myself to stick with 1hr/4hr charts and no scalping (I'll leave that for Hakuna lol), so I'll wait until the next opportunity presents itself.
So my 5 second scalp is out of the question for you??? LOL

Smart move, trade your system bro, don't trap yourself in, but let your knowledge and system lead you.

Ken
  • #34,947
  • Oct 1, 2007 11:54am Oct 1, 2007 11:54am
Quoting karmostaji
I'm not going to look at 5m, 15m nor 30m charts, it is not my style, from the day I started looking at those, everything has went downhill.

I say that I will take a brake and leave, but I'm just too addicted to forex. I'm just going to force myself to stick with 1hr/4hr charts and no scalping (I'll leave that for Hakuna lol), so I'll wait until the next opportunity presents itself.

http://www.forexfactory.com/images/icons/icon14.gif
  • #34,948
  • Oct 1, 2007 11:54am Oct 1, 2007 11:54am
Quoting karmostaji
I'm not going to look at 5m, 15m nor 30m charts, it is not my style, from the day I started looking at those, everything has went downhill.

I say that I will take a brake and leave, but I'm just too addicted to forex. I'm just going to force myself to stick with 1hr/4hr charts and no scalping (I'll leave that for Hakuna lol), so I'll wait until the next opportunity presents itself.

Good call!

When I trade off the 'big lights' I make fewer trades and more
profitable otherwise I get in trouble. With the GJ, my 'big lights'
are smaller..... lol
  • #34,949
  • Oct 1, 2007 11:54am Oct 1, 2007 11:54am
looks like we will get a doji at the top of the 4hr chart on the MT4 platform. But the way things are going it might not mean anything but a pause/consolidation. we shall see.
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #34,950
  • Oct 1, 2007 11:55am Oct 1, 2007 11:55am
Quoting monarch
So my 5 second scalp is out of the question for you??? LOL

Smart move, trade your system bro, don't trap yourself in, but let your knowledge and system lead you.

Ken

  • #34,951
  • Oct 1, 2007 11:57am Oct 1, 2007 11:57am
Quoting monarch
So my 5 second scalp is out of the question for you??? LOL

Smart move, trade your system bro, don't trap yourself in, but let your knowledge and system lead you.

Ken
You are the master of scalping Monarch (knock on wood)

I'm going to stick with my 1hr/4hr and my lovely fibo's (helped me bank 1400+ in Sept., but then last week I tried to be a smartazz and started scalping, lost nearly half of those pips LOL), lesson learned.
Trade what you see, not what you think.
  • #34,952
  • Edited 12:34pm Oct 1, 2007 12:02pm | Edited 12:34pm
Quoting karmostaji
You are the master of scalping Monarch (knock on wood)

I'm going to stick with my 1hr/4hr and my lovely fibo's (helped me bank 1400+ in Sept., but then last week I tried to be a smartazz and started scalping, lost nearly half of those pips LOL), lesson learned.
I don't know about "master," but I do enjoy it the most when it comes to actually trading.

I also like analyzing the charts, but I hardly ever take a trade based on my analysis, now what is wrong with me? LOL

Looks like a nice scalp was getting set up on the GJ, maybe a quick Long around 235.40 area? but I will have to wait and see price movement here for the next 10 pips down. (I probably will not trade this though, my trading session is over till Frankfurt/London)

Missed the entry by 7 pips on that scalp, was expecting a test of a 5 min candle resistance at 236.40, a nice move up indeed, maybe next time LOL.
  • #34,953
  • Oct 1, 2007 12:28pm Oct 1, 2007 12:28pm
236.76 - Weekly R1
237.27 - Monthly R1
237.28 - weekly 23.6 fibo

Pretty tough resistance here, possible retrace first to gain power before pushing through (this BULL has been pretty annoying lately though), once these levels are broken, next on my chart are

238.22 - 4H 76.4% fibo
238.61 - Weekly R2
238.95 - Daily 61.8% (most probably it will reach here and then fall IMHO)
Trade what you see, not what you think.
  • #34,954
  • Oct 1, 2007 12:30pm Oct 1, 2007 12:30pm
We've lost the 15min, 30min, and now the 1hr QQE's to the bears, and momentum is sagging. 4hr is still bullish but borderline overbought. Things could still recover if price challenges the daily high again.
  • #34,955
  • Oct 1, 2007 12:30pm Oct 1, 2007 12:30pm
I wonder what brokers the BIG guys in this thread use?

Karmo?????... Aus?????

What brokers do you recommend as the best based on your experience?
  • #34,956
  • Oct 1, 2007 12:31pm Oct 1, 2007 12:31pm
dow is pushing for the intraday record. 40 more points.
  • #34,957
  • Oct 1, 2007 12:38pm Oct 1, 2007 12:38pm
Quoting Pips_Cruiser
We've lost the 15min, 30min, and now the 1hr QQE's to the bears, and momentum is sagging. 4hr is still bullish but borderline overbought. Things could still recover if price challenges the daily high again.
I'll wait and see if 1hr QQE touches 50 line and then cross back upwards, that will give us a 300 pips strategy trade (assuming 4hr QQE stays crossed upwards). and if 4h QQE decides to cross downwards too while 1h QQE is crossed downwards, then that's also a 200 pips trade. I ain't jumping the gun anymore, I'll wait
Trade what you see, not what you think.
  • #34,958
  • Oct 1, 2007 12:43pm Oct 1, 2007 12:43pm
less than 30 points to the all-time ever high.
  • #34,959
  • Oct 1, 2007 12:47pm Oct 1, 2007 12:47pm
hello karmo, just a quick question, i check both 1h/4 h strategy and the 15 min scalp strategy, but each strategy has a different QQE, one 5 and one 60, so i am confused which one to use.
Thks
A.L.I
  • #34,960
  • Oct 1, 2007 12:51pm Oct 1, 2007 12:51pm
Quoting markam
less than 30 points to the all-time ever high.
yeah... been a crazy rebound after the big slump.. big question is will it stay there? We will find out in time..
121 traders viewing now