Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 2035 | 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)

  • #40,681
  • Oct 16, 2007 7:55pm Oct 16, 2007 7:55pm
Shorts are still in play for the GY as per my post #40034 on pg 2069 via the triple screen of weekly/daily/and 4hr TF's. 1st targets are still 235.50-235.86 area. Further downside is a possibility to 233.00, but intermediate retracements most likely will occur.

GU is also now good for a short, but bear in mind this pair has been choppy and there is some 4hr resistance near the present level of 2.0275. Larger TF's are getting long tired. A safer play would be to wait for the support at 2.0275 to be broken.

Happy Trading,

Cheers,
NP
  • #40,682
  • Oct 16, 2007 7:56pm Oct 16, 2007 7:56pm
Quoting mktjong
I am not in yet bro, even though the candle already closed under the cloud but QQE(60) is crossed but NOT CONFIRMED yet. Will likely get in another 8 min for next 15 min QQE crossed and confirmed
what confirmation are you looking for?

thx
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #40,683
  • Oct 16, 2007 7:58pm Oct 16, 2007 7:58pm
Quoting rodders
Did you go short yet or are you going to wait for a cleaner break out of the cloud?
Will wait for QQE (60) to cross and confirmed, both have to be in sync, otherwise I will not take the trade
  • #40,684
  • Oct 16, 2007 7:58pm Oct 16, 2007 7:58pm
I am not in yet bro, even though the candle already closed under the cloud but QQE(60) is crossed but NOT CONFIRMED yet. Will likely get in another 8 min for next 15 min QQE crossed and confirmed

1 hr QQE5 has not crossed
  • #40,685
  • Oct 16, 2007 8:02pm Oct 16, 2007 8:02pm
Please notice the QQE(60) is not confirmed yet .. both have to be in sync.
Attached Image
  • #40,686
  • Oct 16, 2007 8:07pm Oct 16, 2007 8:07pm
Hi Markam. I have a question if don't mind to explain: Is it true that whenever GU gets stuck at a certain level of support or resistance GY does the same even if this level is unrecognised in pure technical analysis of GY alone?
  • #40,687
  • Oct 16, 2007 8:07pm Oct 16, 2007 8:07pm
Quoting markam
I wimped out and closed my shorts after only 25 pips profit, even though I am sure it will go down more. Too nervous about the market right now.

26 out of the last 29 trades closed in profit. Got to keep my high percentage streak going.
Awesome trade percentage, Bro! That kind of win/loss ratio enhances your confidence like nothing else. Keep it up and keep up the fundamental analysis. I've read my share of blather from people in the past who think they know what the news is saying, but you, my man, are the best.

M2B
  • #40,688
  • Oct 16, 2007 8:14pm Oct 16, 2007 8:14pm
Quoting mktjong
Morning HK, hope you had a nice sleep last nite which I bet you did as you banked a lot of dough
Let's prepare for a new day and rock it..

bro--where the hell were u yesterday---didnt i tel u about the severe downpour--hope u were sleeping with the raincoat on

im short and ready for the nxt drop---first t/o 4hr 100sma

wont be trading much today--ive turned an extra yr older today and thinking of taking it easy

will be popping around now and then

have fun guys

great team we have here--and i mean everyone in here --live larger guys
  • #40,689
  • Oct 16, 2007 8:18pm Oct 16, 2007 8:18pm
Happy Bday
Quoting Hakuna Matata
bro--where the hell were u yesterday---didnt i tel u about the severe downpour--hope u were sleeping with the raincoat on

im short and ready for the nxt drop---first t/o 4hr 100sma

wont be trading much today--ive turned an extra yr older today and thinking of taking it easy

will be popping around now and then

have fun guys

great team we have here--and i mean everyone in here --live larger guys
  • #40,690
  • Oct 16, 2007 8:24pm Oct 16, 2007 8:24pm
Quoting Hakuna Matata
bro--where the hell were u yesterday---didnt i tel u about the severe downpour--hope u were sleeping with the raincoat on

im short and ready for the nxt drop---first t/o 4hr 100sma

wont be trading much today--ive turned an extra yr older today and thinking of taking it easy

will be popping around now and then

have fun guys

great team we have here--and i mean everyone in here --live larger guys
Happy birthday man !! cool .. more wiser or less ..
You're right, unfortunately, I was sleeping without rain coat I missed it but got it back this morning tho
Well, i was thinking the same thing, is my life span getting shorter after start trading forex because stress, lack of sleep, ..bla bla .. http://www.forexfactory.com/images/icons/icon10.gif
Anyway, it is good to get away for sometimes .. just like Aus is doing, good for him. You should too bro .. after making so much dough .. need to know how to use it wisely man ..hehee
  • #40,691
  • Oct 16, 2007 8:27pm Oct 16, 2007 8:27pm
Quoting comeinvest
Hi good morning, may i know based on what observation you bias on short today?? 4 hours price cross below 50 EMA?

yeah bro--thats one of the reason
the other factors are described in my weekly analyisis
chk: http://www.forexfactory.com/showthre...=49770&page=13

and the weeks b4:

http://www.forexfactory.com/showthre...t=49770&page=4

chk the s/t levels and harmonic patterns
lot of other traders have given good explanations as well incl divergences, other harmonic patterns, fibs , regression channels etc

read bro-- its all there
and then finally just read the signature tgt --lol--just kiddin
  • #40,692
  • Oct 16, 2007 8:28pm Oct 16, 2007 8:28pm
I have been lurking on this thread now for about 3 weeks and would just like to say thanks to all for any advice that has been offered up. I am fairly new to forex and just starting my first live account.

I am using aus 15 min EA and would like to know what types of programs some of you are using and with what success.

Also any advice on keeping the nerves in check with the constantly changing forex market? (I am only kidding with the last one) I accept the stress as part of the gig.

Thanks in advance for any help anyone offers up and if any of you want to take a pupil under your wings I am a more than willing student.
  • #40,693
  • Oct 16, 2007 8:30pm Oct 16, 2007 8:30pm
Quoting mktjong
Happy birthday man !! cool .. more wiser or less ..
You're right, unfortunately, I was sleeping without rain coat I missed it but got it back this morning tho
Well, i was thinking the same thing, is my life span getting shorter after start trading forex because stress, lack of sleep, ..bla bla .. http://www.forexfactory.com/images/icons/icon10.gif
Anyway, it is good to get away for sometimes .. just like Aus is doing, good for him. You should too bro .. after making so much dough .. need to know how to use it wisely man ..hehee

cheers !
i already did take a brk 2 months back--went to penang and KL for 10 days
( but i took my laptop--lol)
fx is not stressful bro--- once u get the hang of everything and with good MM--its all good! apart from the sleep thing--i need to work around that too

now dont wait too long--otherwise im leaving with the train soon --lol


ps-- cheers Cardiac--ty
  • #40,694
  • Oct 16, 2007 8:32pm Oct 16, 2007 8:32pm
Quoting saed
Hi Markam. I have a question if don't mind to explain: Is it true that whenever GU gets stuck at a certain level of support or resistance GY does the same even if this level is unrecognised in pure technical analysis of GY alone?
Remember that GJ is simply the multiplication of GU and UJ together. GU can be fixed in place, but GJ can still move as a result of movement of UJ.
  • #40,695
  • Oct 16, 2007 8:33pm Oct 16, 2007 8:33pm
Quoting mktjong
Please notice the QQE(60) is not confirmed yet .. both have to be in sync.

My Ichimoku cloud settings are 7,22,44. My looks a little diff. what are your settings and why?

thank youhttp://www.forexfactory.com/images/icons/dollar.gif
  • #40,696
  • Oct 16, 2007 8:36pm Oct 16, 2007 8:36pm
Quoting auslanco
Just a quick note.. I'm expecting a 1 retracement or consolidation from 11GMT to 13 GMT up to 238.70.

See ya
where are you man, did you not understand mrket now
  • #40,697
  • Oct 16, 2007 8:36pm Oct 16, 2007 8:36pm
[quote=Hakuna Matata;1649148]cheers !

( but i took my laptop--lol)
fx is not stressful bro--- once u get the hang of everything and with good MM--its all good! apart from the sleep thing--i need to work around that too

Man! When you trade the way you do, You don't leave home without it!!! a big Happy B-day to ya bro.
  • #40,698
  • Oct 16, 2007 8:36pm Oct 16, 2007 8:36pm
Quoting Hakuna Matata
cheers !
i already did take a brk 2 months back--went to penang and KL for 10 days
( but i took my laptop--lol)
fx is not stressful bro--- once u get the hang of everything and with good MM--its all good! apart from the sleep thing--i need to work around that too

now dont wait too long--otherwise im leaving with the train soon --lol


ps-- cheers Cardiac--ty
Good for you.. been to KL too but long time ago.
Already in, you can tell the locomotive to move now http://www.forexfactory.com/images/icons/icon10.gif
  • #40,699
  • Oct 16, 2007 8:37pm Oct 16, 2007 8:37pm
Quoting Hakuna Matata
doubt it too--15 50ema max--even that i doubt

4hr 100sma nxt tgt
and then 235.88 and then 50% daily fib- 235.25ish


i dont know why everyone kept on thinkin this was goin to retrce big yesterday to 238.50 and over---no way yesterday--- be careful when making such predictions--will create unneccesary confusion--
Even Karmo mentioned (i think) that usually we would expect a 50% retrce but he mentioned not this time--i agree w him--move was too powerful and we closed below that dreaded and much tested 50ema nd 100sma --1hr
keep it simple and all shall succeed.
the max retrce we got was close to 50ema 30min

i have 30mon tf short--if i get 1hr confriemd--ill load more

4hr 100sma has to be hit today
im expecting another possible 250-500 pips move today--south

enjoy !
  • #40,700
  • Oct 16, 2007 8:37pm Oct 16, 2007 8:37pm
[quote=markam;1649149]Remember that GJ is simply the multiplication of GU and UJ together. GU can be fixed in place, but GJ can still move as a result of movement of UJ.[/quot
Thanks for your continuous support.
121 traders viewing now