Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 1852 | 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)

  • #37,021
  • Oct 4, 2007 3:59pm Oct 4, 2007 3:59pm
Quoting PipChick
hehehe..still hanging in my long Zor.
Price will eventually fall. this is a chart that kinda give a mediam-term view of what is suppose to happen.
Hope it helps


Commentary - The rally from 219.30 is nearing an end as the pair approaches reversal points of 238.95 (61.8% of 251.10-219.30) and the 78.6% at 244.29. 238.95-244.29 is also a former congestion zone (circled). Confidence is high that this rally from 228.19 will prove terminal because the rally is from a triangle and triangles lead to terminal movements. Look for a top and reversal in the ‘reversal zone?.
Strategy - Remain bullish, move risk to 234.92 (from 229.76), target 238.95 (look for a top and reversal in ‘reversal zone?)
Attached Image (click to enlarge)
Click to Enlarge Name: 10-04-07cross2.gif Size: 27 KB
  • #37,022
  • Edited 4:15pm Oct 4, 2007 4:02pm | Edited 4:15pm
Hi Bluerose

I love the way you welcome any new comers to this thread, especially the newbies....pointing them in the right direction and helping them where you can...

Keep it up, I am sure it is greatly appreciated, and it is very nice to see....

Regards

Angie
  • #37,023
  • Oct 4, 2007 4:07pm Oct 4, 2007 4:07pm
Quoting msheno01
Price will eventually fall. this is a chart that kinda give a mediam-term view of what is suppose to happen.
Hope it helps


Commentary - The rally from 219.30 is nearing an end as the pair approaches reversal points of 238.95 (61.8% of 251.10-219.30) and the 78.6% at 244.29. 238.95-244.29 is also a former congestion zone (circled). Confidence is high that this rally from 228.19 will prove terminal because the rally is from a triangle and triangles lead to terminal movements. Look for a top and reversal in the ‘reversal zone?.
Strategy - Remain bullish, move risk to 234.92 (from 229.76), target 238.95 (look for a top and reversal in ‘reversal zone?)

LOL . . . no offense, but if you're putting ANY stock into FXCM's analysis, I'm truly sorry!
check out my blog: forexmademillionaire dot com
  • #37,024
  • Oct 4, 2007 4:13pm Oct 4, 2007 4:13pm
Quoting Geppy
LOL . . . no offense, but if you're putting ANY stock into FXCM's analysis, I'm truly sorry!
i dont trade based on anybody's analysis. I treat every chart posted here and anywhere else as a possibility. I do my own research and analysis then trade as should everyone else.

This chart is just a possiblity from what i consider a professional trader (not me).
Good trading
  • #37,025
  • Oct 4, 2007 4:13pm Oct 4, 2007 4:13pm
hi guys,
am newbie in this trade can someone advice me more on the appropriate thread to follow in eur/usd? pleeeeeeaaaase!
  • #37,026
  • Oct 4, 2007 4:16pm Oct 4, 2007 4:16pm
Well, I'm glad I added to my longs at 237.30 . . . the rise begins again!
check out my blog: forexmademillionaire dot com
  • #37,027
  • Oct 4, 2007 4:19pm Oct 4, 2007 4:19pm
Come on markam.... don't make me look silly

Now I know why I don't follow EW.
  • #37,028
  • Oct 4, 2007 4:20pm Oct 4, 2007 4:20pm
Quoting Zoran
Come on markam.... don't make me look silly

Now I know why I don't follow EW.
bro.. according to my 4hr/1hr strategy this should reach 240+ area by Monday. What are your thoughts..
  • #37,029
  • Oct 4, 2007 4:22pm Oct 4, 2007 4:22pm
Quoting Geppy
Well, I'm glad I added to my longs at 237.30 . . . the rise begins again!
All my G/J charts (all TFs) are long bias at the moment ......

Wish you many pips
  • #37,030
  • Oct 4, 2007 4:24pm Oct 4, 2007 4:24pm
Looks to me, Pipchick, like on the 1 hr. we're starting the shoulder down. Could it be true? What do you think?
  • #37,031
  • Oct 4, 2007 4:31pm Oct 4, 2007 4:31pm
Quoting angiegiles00
Hi Bluerose

I love the way you welcome any new comers to this thread, especially the newbies....pointing them in the right direction and helping them where you can...

Keep it up, I am sure it is greatly appreciated, and it is very nice to see....

Regards

Angie
Hi Angie,

I gather that everyone has once been a newbie and I do believe in encouragement for everyone to reach their full potential. Auslanco has been very kind from the beginning to everyone. Even newbie that did not know bull from bear made $ from his calls in the August crash. Let's be nice to newbies. There is no place for bad manners. BR
  • #37,032
  • Oct 4, 2007 4:33pm Oct 4, 2007 4:33pm
Thx BR much appreciated.

I did read the original signature but I did not read it to mean re-entry, rather than retracement after the initial signals etc.

Is there any other specific signature for the PP trading?

Law
  • #37,033
  • Oct 4, 2007 4:34pm Oct 4, 2007 4:34pm
Aus,

Is it normal that H4 QQE insisting not to give a bull signal? I mean have you observed such a condition before? Should we expect a move- just ignoring everthing (charts, other frames, other indicators etc) and just looking the price going up but QQE still being bearish on H4?
  • #37,034
  • Oct 4, 2007 4:39pm Oct 4, 2007 4:39pm
Quoting brok
Aus,

Is it normal that H4 QQE insisting not to give a bull signal? I mean have you observed such a condition before? Should we expect a move- just ignoring everthing (charts, other frames, other indicators etc) and just looking the price going up but QQE still being bearish on H4?
Brok, is your 4hr QQE5 crossed down?? My VT crossed down 2days ago. FXdd MT4 never crossed down. According to MT4 we got a 4hr/1hr signal around 237 for 300 pips.
  • #37,035
  • Oct 4, 2007 4:40pm Oct 4, 2007 4:40pm
Quoting auslanco
bro.. according to my 4hr/1hr strategy this should reach 240+ area by Monday. What are your thoughts..
It's NFP tomorrow so there is a possibility. If resistance fails at 238 then the next level will be 244. See the sandy brown box in the chart, that is the resistance I'm looking at - it spans from 238 to 244 and it lines up nicely with fibs and lots of other things.

The final level will be 247 and then we get a bearish bat on the daily (from the big 3000 pip move). The higher we go the larger the fall.
Attached Image (click to enlarge)
Click to Enlarge Name: guppy-daily.gif Size: 15 KB
  • #37,036
  • Oct 4, 2007 4:46pm Oct 4, 2007 4:46pm
Quoting auslanco
Brok, is your 4hr QQE5 crossed down?? My VT crossed down 2days ago. FXdd MT4 never crossed down. According to MT4 we got a 4hr/1hr signal around 237 for 300 pips.
MT with GMT and with GMT+1 and VT still crossed down since 10/02. Therefore it looks weird on the charts while price is going up but QQE giving no signs of bull. And since this strategy is developed from VT originally, I follow the VT's signals even if MT's give a signal...
  • #37,037
  • Oct 4, 2007 4:49pm Oct 4, 2007 4:49pm
Quoting bluerose
Hi Angie,

I gather that everyone has once been a newbie and I do believe in encouragement for everyone to reach their full potential. Auslanco has been very kind from the beginning to everyone. Even newbie that did not know bull from bear made $ from his calls in the August crash. Let's be nice to newbies. There is no place for bad manners. BR
It is great what you do. I know you post some analysis yourself, but you are a great support to Aus, Karmo, M2B ....as they, I am sure, have so many questions etc posed not only on the forum but via PM and not enough hours in the day dealing with all....

Angie
  • #37,038
  • Oct 4, 2007 4:50pm Oct 4, 2007 4:50pm
Quoting lawrence
Thx BR much appreciated.

I did read the original signature but I did not read it to mean re-entry, rather than retracement after the initial signals etc.

Is there any other specific signature for the PP trading?

Law

1) retracement point is good place for new entries and re-entries/add more lots...

2) No, no specific signature but Aus introduced PP in his posts (go click his name and check his recent posts (a week or two ago). the PP should be understood in the context of the original strategies...

.
  • #37,039
  • Oct 4, 2007 4:51pm Oct 4, 2007 4:51pm
Quoting auslanco
bro.. according to my 4hr/1hr strategy this should reach 240+ area by Monday. What are your thoughts..
BTW, your monthly 5sma is sitting mid 238 region. Isn't that going to be a hard nut to crack?
  • #37,040
  • Oct 4, 2007 4:54pm Oct 4, 2007 4:54pm
Quoting Zoran
BTW, your monthly 5sma is sitting mid 238 region. Isn't that going to be a hard nut to crack?
At one point or another, a nut gets cracked. May hurt, may not. Who knows... lol joking aside, I am, for now, just trading what I see on the daily charts. There was a bullish engulfment pattern, along with the trendline not breaking down, and so I am long.
I dream, therefore I become.
559 traders viewing now