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

  • #38,541
  • Oct 9, 2007 10:28pm Oct 9, 2007 10:28pm
Quoting my2buoys
Amen, Bro. I'm practicing self-control, if you haven't noticed. I actually find it easy to ignore these types. He obviously has had some serious losses lately. I can tell from the spirit in which he is writing because I've been there. I just wanted to post against him for the benefit of the 100+ out there who are watching this happen silently to let them know that the senior members are behind you 100%. Just look at the last couple of pages and people can see how you and Hakuna have different ideas about immediate direction and yet there are no insults being hurled between you two. Fools make themselves known by simply opening their mouths. But enough sermons for tonight. I'm off to bed. Gotta paint some more tomorrow.

M2B
Aus, I second this post only found you guys 70-80 days ago and I have my own ideas alot of time about up down sideways etc but have learned several new ideas from you and HM that are in my golf bag. No one can take the knowledge thanks for sharing, both of you!!! I have a lot of respect for you both and others here as well.
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  • #38,542
  • Oct 9, 2007 10:31pm Oct 9, 2007 10:31pm

hmm...where is merlin?smjones? or antra?
nobody win and lose here ....this thing once happen in "daily cable update"...plsss...calm down...
everyone have his own reason to speak...

"Analysis Is Hard But Trade Is Easy"
  • #38,543
  • Oct 9, 2007 10:33pm Oct 9, 2007 10:33pm
Like it or not, there is hundreds that follow this thread & consider Aus as their forex savior .

try point your finger to the master and you end up beaten before you know it .. by the loyal auslanco thread follower.

Aus, what they say about you is true ... you are a cult leader without you knowing it.. ..

You helped allot of people with your system. Keep it up.
I respect your attitude of taking it easy with anyone against your opinion.

geppy you can be a little more gentle with your words.
  • #38,544
  • Oct 9, 2007 10:33pm Oct 9, 2007 10:33pm
Quoting my2buoys
You're way out of line. Auslanco is the founder of this thread. Just because it's a public forum doesn't mean you have the right to come in here and insult those who have been here from the beginning. We don't need it and we don't need you. I don't recall you posting any actual charts showing anything. Just a lot of hot air. Please leave and go bother Vegas.
This Geppy is sort of getting crazy for no reason, hehehe.
  • #38,545
  • Oct 9, 2007 10:35pm Oct 9, 2007 10:35pm
Price is definitely in an uptrend, especially when you view it on higher charts, higher highs and higher lows, but for the short term we may have a good R:R short scalp setup, price has broken south from it’s last 12 to 14 hour support line (dashed) look to short off the upper median line.

Price would need to stay inside the fork and break below the last fractals for the short to remain valid, target the opposing forks lower median and the center coming in at the 127.2 retrace
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  • #38,546
  • Oct 9, 2007 10:39pm Oct 9, 2007 10:39pm
price consolidation normally take 1/3-2/3 of the earlier trend...
but seems it has taken a bit longer this time..

there must be some serious movement building up.
  • #38,547
  • Oct 9, 2007 10:42pm Oct 9, 2007 10:42pm
Quoting lepiricus
Here is a regression chart on the weekly. By the end of this week we should most likely go down to 235 area (aqua line) or up to 243 area (blue line). Price wants to go back to the aqua line. So the chart is bearish biased for the week.

Will this happen? Hell if I know, I just trade day to day but I am just trying to find that crystal ball.
Hi lepiricus,

Would u mind sharing the indicator that gives that 7 lines on your chart. Or do you have any suggestion where i can get that indicator.

Thanks
  • #38,548
  • Oct 9, 2007 10:46pm Oct 9, 2007 10:46pm
[quote=Hakuna Matata;1636470]bro--im not saying there will be no action downside
but show me where u see the trend to be bearish??

and again i mention that my entry on g/j right now is pathetic--jumped the train too late--ideal entry for me today wat at 238.67

Was this because of of the price crossing the 100sma/ 30m TF

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  • #38,549
  • Oct 9, 2007 10:47pm Oct 9, 2007 10:47pm
Quoting Geppy
I don't need to prove anything to you schmucks and I really don't care to. I just thought an esteemed individual like Aus would care to get his facts straight instead of making an utter fool of himself. I guess wrong.
Your mommy needs to take away your 'puter and put you in time out. Man, what a punk. The only fool here is you. Sitting in mommy's basement at 45 with no life and no money. LOL!!
  • #38,550
  • Oct 9, 2007 10:50pm Oct 9, 2007 10:50pm
this is why i agree with auslance, i think it is going to go back down how far not sure,,, MoM pointing down and stochastic over bought and crossing down with 3 down hours


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  • #38,551
  • Oct 9, 2007 10:51pm Oct 9, 2007 10:51pm
Just for the heck of it, I took the hourly data since we started our uptrend from the 229 area on September 25 and curve-fitted it. It actually fits a 2nd-order polynomial function quite well. According to the curve, we have basically reached the top of the curve and will remain near this level for two more days. The curve turns downward at 6 pm eastern on October 11.

I am 99% sure this means nothing. I was basically just playing with excel while waiting for the market to move.
  • #38,552
  • Oct 9, 2007 10:52pm Oct 9, 2007 10:52pm
Yeah .. this thread is like "Days of our lives" drama ..It is quite addicted as for now .. anybody cares to make it a movie http://www.forexfactory.com/images/icons/icon10.gif
But seriously, I have learned a lot from this thread. My trading skills improve as well as my confidence level.
  • #38,553
  • Oct 9, 2007 11:00pm Oct 9, 2007 11:00pm
Quoting markam
...
I am 99% sure this means nothing. I was basically just playing with excel while waiting for the market to move.
I am 99% sure you are going to short it extensively .. the time has come, the end of fiat.
  • #38,554
  • Oct 9, 2007 11:02pm Oct 9, 2007 11:02pm
Quoting Syafi
I am 99% sure you are going to short it extensively .. the time has come, the end of fiat.
  • #38,555
  • Oct 9, 2007 11:03pm Oct 9, 2007 11:03pm
I haven’t gone back through this thread to understand the use of the momentum indicators as you use them but you can spot divergence with them, specially hidden divergence, (the gold lines from the last two highs)

All signals of a short

Fwiw,
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  • #38,556
  • Oct 9, 2007 11:03pm Oct 9, 2007 11:03pm
Aus, sorry you have to put up with such childness from time to time , I am sure you are much bigger than letting this nonsense bother you. We apprecaite your sharing and teaching that you do. Keep up the great work your doing mate.
  • #38,557
  • Oct 9, 2007 11:06pm Oct 9, 2007 11:06pm
Quoting auxesis
Price is definitely in an uptrend, especially when you view it on higher charts, higher highs and higher lows, but for the short term we may have a good R:R short scalp setup, price has broken south from it’s last 12 to 14 hour support line (dashed) look to short off the upper median line.

Price would need to stay inside the fork and break below the last fractals for the short to remain valid, target the opposing forks lower median and the center coming in at the 127.2 retrace
I agree.. Trend is your friend until it turns. Right now I'm spotting a trend change in all the TF . Have I got a short position open ?? not yet. I'm waiting for more confirmation. This is the trend change we have been waiting for.. to reach Markams 219 Zorans 210 and Hakuna's 213
  • #38,558
  • Oct 9, 2007 11:08pm Oct 9, 2007 11:08pm
Quoting anti-pip
HI 4xtrader,

well it depends on the forex broker timing and at what time they open on sunday, interbank starts 2 hours after MIG ( for example), i have your same chart which is a pin bar on interbank, but a different shape on MIG,
either ways Hakuna is right about some bullish point of view here, because the pin bar is pointing down, which it should lead to more room towards the north.
But as he said you need to wait today's daily bar first in order to have the right pin bar set up.

cheers.
I was only familiar with candlesticks and when I kept hearing
about the pin bar here I decided to do some reading on the topic.
The FF James 16 thread and others (Dean Saunders) have certain
reversal strategies based on correctly identifying the daily pin bar.
  • #38,559
  • Oct 9, 2007 11:12pm Oct 9, 2007 11:12pm
Quoting auslanco
I dont agree with you bro.. we will see some action to the downside in another 20mins.. Watch your stop

bro--im still waiting !! that was like 1.5hrs ago
just kiddin bro-- i had a reversal signal on 15min and had to step out--so exited the long
now bias on 15min is neutral
im still waiitng for my setup
guess ldn needs to step in (b4 i long/short my penthouse)

ps-- please dont let idiots bother u bro
  • #38,560
  • Oct 9, 2007 11:13pm Oct 9, 2007 11:13pm
Quoting auxesis
I haven’t gone back through this thread to understand the use of the momentum indicators as you use them but you can spot divergence with them, specially hidden divergence, (the gold lines from the last two highs)

All signals of a short

Fwiw,
Eitt .. the one you mentioned "gold line" is actually a positive divergence (bullish), am I correct? Thanks.
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