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

  • #41,201
  • Oct 17, 2007 11:29am Oct 17, 2007 11:29am
Quoting mktjong
Hey Aus, are you in Bali yet? Don't forget to visit its hand crafting small industrial shops, do rush river rafting, scuba diving, and of course all kinds of its authentic foods, horse riding into deep of Bali villages, etc ..
Send us something from there http://www.forexfactory.com/images/icons/icon10.gif
......also local massage
  • #41,202
  • Oct 17, 2007 11:30am Oct 17, 2007 11:30am
wow I'm just getting back to see quite a bit of G/J movement
I'm keeping my shorts for a while
  • #41,203
  • Oct 17, 2007 11:32am Oct 17, 2007 11:32am
Quoting Geldmeister
Hi Aus & Karmo

I have not yet managed to utilise this indicator to my advantage. Generally it is always refered to the fact that all indicators are lagging, so are you saying that this one is the exception in that it can be used to reliably predict movements?
Now in terms of using it, do I simply check it when a new candle (e.g. 4h) opens and it will give me the most likely direction of the pair over the next 4h period? Or is there a lot more to it? If yes, please remind me where I can read up on that.

Many thanks guys!

Momentu is a leading indicator. always tell you the direction before hand. You must use it on your charts and study the pattern. If you catch the trick, that's a money making machine.. it can give lots of fake signals on smaller TF. Daily 4hr 1C 10C 14C reccomended..
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  • #41,204
  • Oct 17, 2007 11:32am Oct 17, 2007 11:32am
Quoting haliker
which period ema should I add to a 15 min TF chart for AUS 15min trader? Which ones are you guys using? on a regular 4hr chart, I am using a 200ema and a 100 sma


also is there somewhere that explains fib fans mr. potatoe head style. (simple)
Here you go.
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  • #41,205
  • Oct 17, 2007 11:33am Oct 17, 2007 11:33am
just finish doing my calculation bout this pair..am short from 238.30 am using bout 45% my capital on this now..and strongly belived that this medium term is going to 235.70..i will going to sleep after this..hope 2morrow i will see the green pips..and my accout not blow..

wish me luck..

hope God with me and u all 2..


ps..good night (night at here)
  • #41,206
  • Oct 17, 2007 11:34am Oct 17, 2007 11:34am
Quoting mypip
just finish doing my calculation bout this pair..am short from 238.30 am using bout 45% my capital on this now..and strongly belived that this medium term is going to 235.70..i will going to sleep after this..hope 2morrow i will see the green pips..and my accout not blow..

wish me luck..

hope God with me and u all 2..


ps..good night (night at here)
Oo boy.. LOL

Let me be the first one to tell you that you will blow up your account very soon!
Trade what you see, not what you think.
  • #41,207
  • Oct 17, 2007 11:35am Oct 17, 2007 11:35am
Quoting Geldmeister
Hi Aus & Karmo

I have not yet managed to utilise this indicator to my advantage. Generally it is always refered to the fact that all indicators are lagging, so are you saying that this one is the exception in that it can be used to reliably predict movements?
Now in terms of using it, do I simply check it when a new candle (e.g. 4h) opens and it will give me the most likely direction of the pair over the next 4h period? Or is there a lot more to it? If yes, please remind me where I can read up on that.

Many thanks guys!
It is also a well known "fact" that momentum is often called a leading indicator as it frequently turns before price
Trading Levels with WRBs
  • #41,208
  • Oct 17, 2007 11:37am Oct 17, 2007 11:37am
Quoting mypip
just finish doing my calculation bout this pair..am short from 238.30 am using bout 45% my capital on this now..and strongly belived that this medium term is going to 235.70..i will going to sleep after this..hope 2morrow i will see the green pips..and my accout not blow..

wish me luck..

hope God with me and u all 2..


ps..good night (night at here)

WOW!!...I admire the set of balls you have on you
  • #41,209
  • Oct 17, 2007 11:37am Oct 17, 2007 11:37am
Quoting karmostaji
Oo boy.. LOL

Let me be the first one to tell you that you will blow up your account very soon!
Yep I second that...but I'm guessing it's like a 1-10 dollar trading account
  • #41,210
  • Oct 17, 2007 11:37am Oct 17, 2007 11:37am
Quoting mktjong
Hey Aus, are you in Bali yet? Don't forget to visit its hand crafting small industrial shops, do rush river rafting, scuba diving, and of course all kinds of its authentic foods, horse riding into deep of Bali villages, etc ..
Send us something from there http://www.forexfactory.com/images/icons/icon10.gif


Quoting alanz76
aus where are you now..i have missed the train for these few days...hope you are enjoying your vacation ....with trades...hehehhe
I'm still in Aussie, a place called Rotnest Island. Taking off to Bali this weekend. Our wedding annivesary today . I had to wait until my wifey goes to sleep to sneak on to my computer. I'm a free man until she wakes up
  • #41,211
  • Oct 17, 2007 11:39am Oct 17, 2007 11:39am
Quoting karmostaji
Oo boy.. LOL

Let me be the first one to tell you that you will blow up your account very soon!
Obviously, nobody (or at least not him) read my comment yesterday about how you cannot have a gambler's mentality if you want to make money in the forex market.
  • #41,212
  • Oct 17, 2007 11:39am Oct 17, 2007 11:39am
Quoting lohmeyer1
Are you using the Relative Momentum Index or the stochastic momentum index?
In this thread we actually use the Auslantic Noobinistic Momentum Indicator, but you won't find it on most standard platforms.

M2B
  • #41,213
  • Oct 17, 2007 11:40am Oct 17, 2007 11:40am
Quoting auslanco
I'm still in Aussie, a place called Rotnest Island. Taking off to Bali this weekend. Our wedding annivesary today . I had to wait until my wifey goes to sleep to sneak on to my computer. I'm a free man until she wakes up
Is there a name for an addiction to currency trading?
  • #41,214
  • Oct 17, 2007 11:40am Oct 17, 2007 11:40am
Quoting auslanco
try to get hold of 8hr charts.. you get the momentum of 1 whole session on just 1 candle. You can predict the market like Soros. GFT and E signal offers 8hr charts
FXSOL also does 8 hourly charts.
  • #41,215
  • Oct 17, 2007 11:40am Oct 17, 2007 11:40am
Quoting mypip
just finish doing my calculation bout this pair..am short from 238.30 am using bout 45% my capital on this now..and strongly belived that this medium term is going to 235.70..
Wow .. You are amazing.. You should have gone to Las Vegas instead.
  • #41,216
  • Oct 17, 2007 11:41am Oct 17, 2007 11:41am
Quoting auslanco
I'm still in Aussie, a place called Rotnest Island. Taking off to Bali this weekend. Our wedding annivesary today . I had to wait until my wifey goes to sleep to sneak on to my computer. I'm a free man until she wakes up
HAPPY ANNIVERSARY!
Funny, mine was yesterday.
  • #41,217
  • Oct 17, 2007 11:41am Oct 17, 2007 11:41am
Quoting mypip
just finish doing my calculation bout this pair..am short from 238.30 am using bout 45% my capital on this now..and strongly belived that this medium term is going to 235.70..i will going to sleep after this..hope 2morrow i will see the green pips..and my accout not blow..

wish me luck..

hope God with me and u all 2..


ps..good night (night at here)
Talk about a Hail Mary! Pretty scary stuff!
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  • #41,218
  • Oct 17, 2007 11:43am Oct 17, 2007 11:43am
Quoting markam
Is there a name for an addiction to currency trading?

LOL... yehh.. I got an appointment with Dr.Phil
  • #41,219
  • Oct 17, 2007 11:44am Oct 17, 2007 11:44am
Quoting rodders
HAPPY ANNIVERSARY!
Funny, mine was yesterday.
thanks bro and same to you
  • #41,220
  • Oct 17, 2007 11:47am Oct 17, 2007 11:47am
Quoting auslanco
Wow .. You are amazing.. You should have gone to Las Vegas instead.
Speaking of Vegas-style trading, I have been dabbling (demo obviously) with that Betonmarkets.com site you mentioned before you left. I don't know which style of trading/betting you had experiemented with but I've been playing with the 2-minute Flash Up/Flash Down strategy and in about half an hour I turned $10,000 into almost $17,000. Besides bad MM, I know I must be doing something wrong to have those kind of results. Looking forward to hearing what you have to say about that site when you get back.

M2B
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