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

  • #38,841
  • Oct 10, 2007 9:52am Oct 10, 2007 9:52am
Quoting Geppy
My trading is pretty simple. I use support/resistance, fibs and sometimes a MACD . . . that's all. I've been at it a few years now with great success. I find the simplest approaches are always the best.

With enough garbage on a chart, I prove any direction at any given moment.
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  • #38,842
  • Oct 10, 2007 9:55am Oct 10, 2007 9:55am
Quoting karmostaji
Price is still above the daily pivot, so taking a short is somewhat risky unless 239 gives way, otherwise it should go to 240.50 IMO.
I don't know. That 4 hour pin is still looking pretty strong.

Jim
Indicators show the past. Price Action "Indicates" the future.
  • #38,843
  • Oct 10, 2007 9:56am Oct 10, 2007 9:56am
Quoting Geppy
My trading is pretty simple. I use support/resistance, fibs and sometimes a MACD . . . that's all. I've been at it a few years now with great success. I find the simplest approaches are always the best.

With enough garbage on a chart, I prove any direction at any given moment.
I dont understand that Geppy, Why dont you put 6 different oscillators and Moving averages layered on the oscillators, then 5-10 moving averages of various types and length and other channel based indicators. I think your trading would be much better...
.
  • #38,844
  • Oct 10, 2007 10:03am Oct 10, 2007 10:03am
Quoting karmostaji
Price is still above the daily pivot, so taking a short is somewhat risky unless 239 gives way, otherwise it should go to 240.50 IMO.
You know bro, my strategy never looks at those things
But it's good to know, let's see. Thanks.
  • #38,845
  • Oct 10, 2007 10:04am Oct 10, 2007 10:04am
Quoting bullrock
I dont understand that Geppy, Why dont you put 6 different oscillators and Moving averages layered on the oscillators, then 5-10 moving averages of various types and length and other channel based indicators. I think your trading would be much better...
If you dont understand why make a comment on other strategies. Dont you think it's better keep your mouth shut if you do not know how read the indicators.
  • #38,846
  • Oct 10, 2007 10:06am Oct 10, 2007 10:06am
Quoting bullrock
I dont understand that Geppy, Why dont you put 6 different oscillators and Moving averages layered on the oscillators, then 5-10 moving averages of various types and length and other channel based indicators. I think your trading would be much better...

That would be a pain. I just let everyone else do that for me and post their charts here haha

Any of you short concerned that the dow is gettin hammered and g/j is just hangin out?
check out my blog: forexmademillionaire dot com
  • #38,847
  • Oct 10, 2007 10:06am Oct 10, 2007 10:06am
Quoting auslanco
If you dont understand why make a comment on other strategies. Dont you think it's better keep your mouth shut if you do not know how read the indicators.
I don't think he said anything about not being able to read the indicators
check out my blog: forexmademillionaire dot com
  • #38,848
  • Oct 10, 2007 10:13am Oct 10, 2007 10:13am
[quote=Geppy;1637932]I don't think he said anything about not being able to

Well I use 6 different oscillators and Moving averages layered on the oscillators, then 5-10 moving averages of various types and length and other channel based indicators. And guess what.. IMO this is the best strategy 'cause I know how to read 'em.
  • #38,849
  • Oct 10, 2007 10:15am Oct 10, 2007 10:15am
Quoting auslanco

Well I use 6 different oscillators and Moving averages layered on the oscillators, then 5-10 moving averages of various types and length and other channel based indicators. And guess what.. IMO this is best strategy 'cause I know how to read 'em.
Opinions are fine, but I wouldn't randomly accusing people of not knowing how to read moving averages and oscillators.
check out my blog: forexmademillionaire dot com
  • #38,850
  • Oct 10, 2007 10:16am Oct 10, 2007 10:16am
Another round of drama, where's the popcorn?
Trade what you see, not what you think.
  • #38,851
  • Oct 10, 2007 10:20am Oct 10, 2007 10:20am
Quoting auslanco
If you dont understand why make a comment on other strategies. Dont you think it's better keep your mouth shut if you do not know how read the indicators.
Thats' alright Aus. We need to be nice to our guest who just came out of the woods http://www.forexfactory.com/images/icons/icon10.gif

j/k
  • #38,852
  • Oct 10, 2007 10:21am Oct 10, 2007 10:21am
Quoting karmostaji
Another round of drama, where's the popcorn?

well, it's pretty sad reading these kind of stuff all day long.
I liked that place before, but reading bs and bs days after days is boring
COT: The precious data ignored
  • #38,853
  • Oct 10, 2007 10:21am Oct 10, 2007 10:21am
Quoting Geppy
Opinions are fine, but I wouldn't randomly accuse people of not knowing how to read moving averages and oscillators.
Not accusing anyone.. I dont like when people talk crap like this strategy is better than that and all that bull shit. If Fib's works for you why do you have to condemn the MA and osccilator strategies and visa versa.
  • #38,854
  • Oct 10, 2007 10:29am Oct 10, 2007 10:29am
Quoting auslanco
Not accusing anyone.. I dont like when people talk crap like this strategy is better than that and all that bull shit. If Fib's works for you why do you have to condemn the MA and osccilator strategies and visa versa.
can i buy you a drink? fosters?
  • #38,855
  • Oct 10, 2007 10:30am Oct 10, 2007 10:30am
I find my system works pretty well (being quite basic also) but I like to get confirmation from other systems. QQE and MAs are two recent additions. Each to themselves.... there's no need to criticise other systems.
  • #38,856
  • Oct 10, 2007 10:35am Oct 10, 2007 10:35am
breaking through support.
  • #38,857
  • Oct 10, 2007 10:35am Oct 10, 2007 10:35am
Quoting auslanco
Not accusing anyone.. I dont like when people talk crap like this strategy is better than that and all that bull shit. If Fib's works for you why do you have to condemn the MA and osccilator strategies and visa versa.
dear aus,
i am sorry but i trust you what is yor trade at moment, thanks
  • #38,858
  • Oct 10, 2007 10:36am Oct 10, 2007 10:36am
Quoting bmwboyee
can i buy you a drink? fosters?
LOL... why not.
  • #38,859
  • Oct 10, 2007 10:38am Oct 10, 2007 10:38am
Quoting auslanco
LOL... why not.
lol, got paypal? i'm serious
  • #38,860
  • Oct 10, 2007 10:38am Oct 10, 2007 10:38am
It's all about how the trader reads the indicators, so chill out people and let's make some green pips here instead of giving us headache lol
Trade what you see, not what you think.
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