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

  • #37,781
  • Oct 8, 2007 1:21pm Oct 8, 2007 1:21pm
[quote=mypip;1633349]
Quoting karmostaji
we need the 4H candle to close below the Gann hilo, it's been acting as a very strong support!

kam have a look GU ...QQE5 1 H already crossed below 50 line ..price below tft/gan hilo at tf 4 H and almost cross 50 line .. can we say here that this is the 1h/4h strategy for 200 pip..what u say?
I never tried auslanco's strategy on any other pair other than GJ, so I wouldn't know.
Trade what you see, not what you think.
  • #37,782
  • Oct 8, 2007 1:35pm Oct 8, 2007 1:35pm
Quoting Zoran
I think we could be topping from 239.45 to 239.70. If it goes higher than that I will start to close my entries gradually for a loss and just leave the market until I get a high probability trade come up (on a larger TF). Last chance reversal will be around 240.20 and I should be completely closed if price goes above that.
Looks like my early entries were just saved! I would say the reversal is almost confirmed but went 100 pips more than expected.

Original post here. http://www.forexfactory.com/showthre...89#post1632689
  • #37,783
  • Oct 8, 2007 1:51pm Oct 8, 2007 1:51pm
Quoting Geppy
I did a couple buys in the low 238.70 area . . . lets do this!
What do you think Geppy, build a right shoulder and then down or do your charts say more north?
  • #37,784
  • Oct 8, 2007 1:58pm Oct 8, 2007 1:58pm
Quoting Zoran
What do you think Geppy, build a right shoulder and then down or do your charts say more north?

well, I'm long . . .
check out my blog: forexmademillionaire dot com
  • #37,785
  • Oct 8, 2007 2:15pm Oct 8, 2007 2:15pm
Quoting Zoran
Looks like my early entries were just saved! I would say the reversal is almost confirmed but went 100 pips more than expected.
I agree, Asia should provide a good entry point for shorts and London will move the price further down.
  • #37,786
  • Oct 8, 2007 2:38pm Oct 8, 2007 2:38pm
Quoting mrroboto
I agree, Asia should provide a good entry point for shorts and London will move the price further down.
And this is of course all based on the bearish trend we're in right?
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  • #37,787
  • Oct 8, 2007 2:39pm Oct 8, 2007 2:39pm
Quoting Geppy
And this is of course all based on the bearish trend we're in right?
I think I smell sarcasm, ladies and gentlemen!
I dream, therefore I become.
  • #37,788
  • Oct 8, 2007 2:42pm Oct 8, 2007 2:42pm
Quoting mike w
I think I smell sarcasm, ladies and gentlemen!
Thank god, I wasn't sure if I was layin' it on thick enough lol
check out my blog: forexmademillionaire dot com
  • #37,789
  • Oct 8, 2007 2:46pm Oct 8, 2007 2:46pm
I said it many times, but I'll repeat.. the daily bar is going to make the decision of bulls/bears.
Trade what you see, not what you think.
  • #37,790
  • Oct 8, 2007 2:49pm Oct 8, 2007 2:49pm
Quoting Geppy
And this is of course all based on the bearish trend we're in right?
The trend is bullish but price does not go on a straight line, In trading you should be able to see patterns and reversal signals to make money. It is easy to say bullish when price is at a high, but to identify reversal patterns is gold.
  • #37,791
  • Oct 8, 2007 2:54pm Oct 8, 2007 2:54pm
Quoting mrroboto
I agree, Asia should provide a good entry point for shorts and London will move the price further down.
That's what I'm expecting but first a retrace to around 239.15. We are sitting on a trendline that has been around for 2 weeks so that will need to break first.
  • #37,792
  • Oct 8, 2007 3:07pm Oct 8, 2007 3:07pm
Quoting Zoran
That's what I'm expecting but first a retrace to around 239.15. We are sitting on a trendline that has been around for 2 weeks so that will need to break first.
It depends on what price its peaks before Asia and its going to drop again and retest that high before Frankfurt that would be my entry point for selling, its the second best thing to selling on the top.
  • #37,793
  • Oct 8, 2007 3:27pm Oct 8, 2007 3:27pm
Quoting mrroboto
It depends on what price its peaks before Asia and its going to drop again and retest that high before Frankfurt that would be my entry point for selling, its the second best thing to selling on the top.
I dont understand how people know what will happen at the open of London, Asia etc....Am I missing something cause I could never predict what will happen at the open of different sessions. I have seen people saying what will happen and at what time but...where do they get these predictions from?
  • #37,794
  • Oct 8, 2007 3:34pm Oct 8, 2007 3:34pm
Quoting PipChick
I dont understand how people know what will happen at the open of London, Asia etc....Am I missing something cause I could never predict what will happen at the open of different sessions. I have seen people saying what will happen and at what time but...where do they get these predictions from?
My signature will answer all your questions. My predictions are based on my experience, but just be aware if my predictions dont happen I dont take the trade, I can be wrong sometimes refer to my signature.
  • #37,795
  • Oct 8, 2007 3:39pm Oct 8, 2007 3:39pm
Quoting mrroboto
My signature will answer all your questions. My predictions are based on my experience, but just be aware if my predictions dont happen I dont take the trade, I can be wrong sometimes refer to my signature.
]
another cowboy without analyzes lol
  • #37,796
  • Oct 8, 2007 3:40pm Oct 8, 2007 3:40pm
A bit confused...what do you mean by "my signature"?
  • #37,797
  • Oct 8, 2007 3:46pm Oct 8, 2007 3:46pm
I say price will go diagonal at Afghanistan session open
Trade what you see, not what you think.
  • #37,798
  • Oct 8, 2007 3:50pm Oct 8, 2007 3:50pm
Quoting karmostaji
I say price will go diagonal at Afghanistan session open
hehehhe lol
  • #37,799
  • Oct 8, 2007 3:50pm Oct 8, 2007 3:50pm
Quoting bboots
A bit confused...what do you mean by "my signature"?
"No buy, sell, hold recommendation"
  • #37,800
  • Oct 8, 2007 3:51pm Oct 8, 2007 3:51pm
Quoting shahroodi
]
another cowboy without analyzes lol
Couldn't agree more . . .
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