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

  • #37,161
  • Oct 4, 2007 10:08pm Oct 4, 2007 10:08pm
Quoting kevinsw
I vote for UP?

I would guess that also but at this point it's just a guess...everyone seem very undecided.
  • #37,162
  • Oct 4, 2007 10:13pm Oct 4, 2007 10:13pm
Hopefully Governor Mishkin will help us decide in 15 minutes.
  • #37,163
  • Oct 4, 2007 10:14pm Oct 4, 2007 10:14pm
Quoting alldra
I would guess that also but at this point it's just a guess...everyone seem very undecided.
This is what I call waiting for confirmation
  • #37,164
  • Oct 4, 2007 11:29pm Oct 4, 2007 11:29pm
237.34 long stop 237.10
  • #37,165
  • Oct 4, 2007 11:40pm Oct 4, 2007 11:40pm
nice SL i follow

Quoting 59fender
237.34 long stop 237.10
  • #37,166
  • Oct 4, 2007 11:41pm Oct 4, 2007 11:41pm
Quoting bill77
Hello all. ive kept my mouth shut for the last couple of weeks so i don't add crap on this thread but i cant hold any longer with out saying something before i end up in a mental nstitution. i find funny and frustrating when i here all these diferent indicators such as, 300 diferent ema's using every digit (starting from 1 to 300 ), butterflies, BB,TL, fibs (M-W-D-4H-1H), i can go on to fill this thread. Every Tom, Dick, and Hary swares by one or the other. But what i find funny is when the price bounces of a trend line, Tom will post "see, i told you so" but later on, when the price bouces off a fib line, Dick will post " no, i told you so" but Tom disapears. then the price will bounce off BB and now Harry writes " i knew it all along". but suprise suprise, where is Tom and Dick gone. They only apear again to post that there broker stop hunted them. What i am trying to say is, whith thousands of indicators out there, one is bound to get hit. like throwing tacks all over the floor in a room and blind folded you walk across and step on one. its bound to hapen.

Now i'm sure they all work at some point of time and very succesful to some. Thats fine and use what suits your style. But mabe, Aus should call this thread the "KISS" thread. I got the word KISS from someone else that named his system "KISS" (keep it simple stupid) and i'm sure he won't mind me using this word. Mabe this is a message for my self and i am just fighting with my own demons. but each time i here a new indicator, i add i on my chart and now i no longer can see my candles:

I am not looking for trouble just adding my two pips worth and Aus i apoligise for this whinge and i will delete it after a while. it will takethat long to read.

Fewwwww, now i feel better.
I agree. If someone has a indicator that coinsides with Aus strategty(it is after all Aus strategy/Thread) then maybe its worth a look.
Best example: KARMO. He uses his method inrelationship with Aus. Cool stuff.

Jim
Give a man a fish, he'll eat for a day.
Teach a man how to fish, he'll sit in a boat and drink beer all day.
Indicators show the past. Price Action "Indicates" the future.
  • #37,167
  • Oct 4, 2007 11:44pm Oct 4, 2007 11:44pm
From what I read on this thread, I understand the ones most talked about is the 5sma, 50ema, 100sma and 200sma, fibs, and pivot points.
In addition, you have to check multiple time charts and the greater charts(1hr->4hr->Daily), the lines of those matter more.

I personally write all the various numbers out on a list before I start the night so I can relate to what is being said on this forum.

Is there any other MA or whatnot that i'm missing??
  • #37,168
  • Oct 4, 2007 11:47pm Oct 4, 2007 11:47pm
Quoting alldra
wow....boring boring boring...we need a breakout. which way do you guys think it will go?
It will be this way until the NFP. If it shoots up/down before then something
might have leak about the report. Maybe?


Jim
Indicators show the past. Price Action "Indicates" the future.
  • #37,169
  • Oct 4, 2007 11:49pm Oct 4, 2007 11:49pm
Quoting jarroo
I agree. If someone has a indicator that coinsides with Aus strategty(it is after all Aus strategy/Thread) then maybe its worth a look.
Best example: KARMO. He uses his method inrelationship with Aus. Cool stuff.

Jim
Give a man a fish, he'll eat for a day.
Teach a man how to fish, he'll sit in a boat and drink beer all day.
love your version of my signiture

yes some indicators work realy well with aus' strategy such as fibs and HK's ma's. they always post and proved it works alsmost all the time so proof is in the pudding. but its these people that come and go before they have strong suport in there indicator.
  • #37,170
  • Oct 4, 2007 11:55pm Oct 4, 2007 11:55pm
Quoting takercena
nice SL i follow
this is not looking good!
  • #37,171
  • Oct 4, 2007 11:58pm Oct 4, 2007 11:58pm
I might have a short signal soon
  • #37,172
  • Oct 5, 2007 12:02am Oct 5, 2007 12:02am
Quoting mktjong
I might have a short signal soon
No, will wait for another candle for a more convincing close :-)
  • #37,173
  • Oct 5, 2007 12:03am Oct 5, 2007 12:03am
Quoting mktjong
I might have a short signal soon
I seen where the candle closed below the Ich, but is still above the 100 sma, Do you go short if candle is below the Ich and the 100, but above the Daily pivot?

Thanks,

Ken
  • #37,174
  • Oct 5, 2007 12:12am Oct 5, 2007 12:12am
Quoting monarch
I seen where the candle closed below the Ich, but is still above the 100 sma, Do you go short if candle is below the Ich and the 100, but above the Daily pivot?

Thanks,

Ken
Yes, I will regardless of whatever. But the candle that just closed previously is not really convincing, so am waiting for the next one. Please see chart. Thanks.
Attached Image
  • #37,175
  • Oct 5, 2007 12:15am Oct 5, 2007 12:15am
ok there we go that was close
  • #37,176
  • Oct 5, 2007 12:17am Oct 5, 2007 12:17am
Chart view is good, had a new 15min candle above 100sma, I personally would wait for the 1 minute to close a candle below the low at 237.15 which is also a break of the 240 lwma on my 5 minute, that would be a clear indication of a possible move down to 236.80.

Just my thoughts here, which may vary from your style of entry.

Will be watching this here with ya.

ken
  • #37,177
  • Oct 5, 2007 12:18am Oct 5, 2007 12:18am
Ok, am already in @237.26 and set my tp for around 40-50 pips as usual
  • #37,178
  • Oct 5, 2007 12:21am Oct 5, 2007 12:21am
Quoting monarch
Chart view is good, had a new 15min candle above 100sma, I personally would wait for the 1 minute to close a candle below the low at 237.15 which is also a break of the 240 lwma on my 5 minute, that would be a clear indication of a possible move down to 236.80.

Just my thoughts here, which may vary from your style of entry.

Will be watching this here with ya.

ken
I am going to bed soon. Hopefully when I wake up would see the tp hits :-)
Good nite all ..
  • #37,179
  • Oct 5, 2007 12:22am Oct 5, 2007 12:22am
still no clear direction for me.. price is above the daily pivots and 100 sma.
  • #37,180
  • Oct 5, 2007 12:27am Oct 5, 2007 12:27am
Quoting mktjong
Ok, am already in @237.26 and set my tp for around 40-50 pips as usual
I originally thought 236.80, but it could reach 236.72, there area several hourly candles that support the 236.80 area, but there is also an hourly candle that could test the 236.72 line.

From there, I would have to see the formations of retracements.

Watching this trade, since I am bored and not trading anyways right now.

Anyone else have a trade open so I could watch. LOL

AUSLANCO, you have something???
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