Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 2240 | 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)

  • #44,781
  • Oct 25, 2007 7:11pm Oct 25, 2007 7:11pm
Quoting Zoran
You know what they say, "Imitation is the highest form of admiration"

I'm just waiting for 221 so I can quote myself again with the completion of my trades and a big grin. Otherwise negative interest is chewing away!
Zoran, as I consider your posts twice before I enter any position (long/short) I'm not quite sure about the biiiig falllll. What makes you so sure about the fall? Harmonics only or additional technical/fundamental?

I'd like to see my 235.5 before the fall if it's due. Interest is on my side, though I'm not comfortable because you say it's gonna fall

Checked the data for last 6 years, 3:3 price fall/rise in OCT/Nov. Coin flip alike,
  • #44,782
  • Oct 25, 2007 7:14pm Oct 25, 2007 7:14pm
Quoting Zoran
You know what they say, "Imitation is the highest form of admiration"
  • #44,783
  • Oct 25, 2007 7:26pm Oct 25, 2007 7:26pm
i long at 234 now,target 236.4,but too confused to be sure.Dearest Hakuna,would you tell me how many indicators like QQE,MA you are using to accurately judge the moving trend.

Best regards

Ele
  • #44,784
  • Oct 25, 2007 7:29pm Oct 25, 2007 7:29pm
Quoting gtt
Zoran, as I consider your posts twice before I enter any position (long/short) I'm not quite sure about the biiiig falllll. What makes you so sure about the fall? Harmonics only or additional technical/fundamental?

I'd like to see my 235.5 before the fall if it's due. Interest is on my side, though I'm not comfortable because you say it's gonna fall

Checked the data for last 6 years, 3:3 price fall/rise in OCT/Nov. Coin flip alike,
It may not fall but my coin flip landed on the fall. Maybe the gods are against me??... Either way, I have positioned my stop to give me a few pips (after interest is deducted) or my TP to give me a few thousand pips. Now I just need to leave this trade in the cellar and let it age. One can never be certain how these things turn out.

So, unless 231.5 breaks, north is still a strong possibility. I did mention that support at that level could turn this around!

Now, what are your thoughts?
  • #44,785
  • Oct 25, 2007 7:34pm Oct 25, 2007 7:34pm
looks like i got out of there just in time
  • #44,786
  • Oct 25, 2007 8:04pm Oct 25, 2007 8:04pm
Take note of the purple lines. This is a daily so it is zoomed up (as the lines come from the monthly).

The lines represent historical S/R that span over decades and the accurancy is within 200 pips. The resulting moves, however, are big ones!

I charge 50p a copy for my monthly.

Good night all!
Attached Image (click to enlarge)
Click to Enlarge Name: guppy-daily.gif Size: 15 KB
  • #44,787
  • Oct 25, 2007 8:07pm Oct 25, 2007 8:07pm
damn missed my entry by a few pips i hate when that happens
  • #44,788
  • Edited Oct 26, 2007 6:37am Oct 25, 2007 8:08pm | Edited Oct 26, 2007 6:37am
Last post and I'll go tend my web (not nest) some more. Price is now back at the upper median of the black down fork and a good place for it to stall, but it should make the sliding parallel fork ( notice the lower blue circle which is the distance that price missed the center median, I would expect price to penetrate the top by that distance.

Look for price to bounce south off that dashed fork and the 127.2 extension.

See ya'll
  • #44,789
  • Oct 25, 2007 8:18pm Oct 25, 2007 8:18pm
price should pull back then break higher to 234.50
  • #44,790
  • Oct 25, 2007 8:42pm Oct 25, 2007 8:42pm
Quoting Mr. G.
Where can find London's pivot info?
London's pivot info doesn't exist yet. It will be calculated at 3AM EST (London start) using the most recent 24 hours worth of data.

The current Asian session daily pivot is 233.99, with R1 at 234.97 and S1 at 232.87.
  • #44,791
  • Edited 8:56pm Oct 25, 2007 8:43pm | Edited 8:56pm
Good to buy at my low I put this out at 4pm
Quoting turn1to100
113.98-114.31USDJPY RANGE thanks to the DOW closing LOW.until 4amEST
FORGOT might change from 1amEST till 4


LIMITS at 11430$$$
  • #44,792
  • Oct 25, 2007 8:47pm Oct 25, 2007 8:47pm
2.0527High until around 1amEST GBPUSD and low 2.0455[quote=turn1to100;1680157]
Hey UNCLE check out what happened 2pips shy for me gbpusd Quote:
Originally Posted by turn1to100 http://www.forexfactory.com/images/buttons/viewpost.gif
WICK could have shot up to 2.0527 until close of Dow



BY THE WAY IT HIT MY POINT AT 910pmEST


http://www.forexfactory.com/images/misc/progress.gif

  • #44,793
  • Oct 25, 2007 8:51pm Oct 25, 2007 8:51pm
IMMMMMMMM BACK!!! watch out Forex Market im coming LOL..
  • #44,794
  • Oct 25, 2007 8:53pm Oct 25, 2007 8:53pm
could be some stops above234.50 sending it 15 pips or so higher from there
  • #44,795
  • Oct 25, 2007 9:00pm Oct 25, 2007 9:00pm
234.59 is the spot
Quoting 59fender
could be some stops above234.50 sending it 15 pips or so higher from there

WICKS 75% of the time are on ODD number example57 ,77,23
  • #44,796
  • Oct 25, 2007 9:02pm Oct 25, 2007 9:02pm
Quoting turn1to100
234.59 is the spot


WICKS 75% of the time are on ODD number example57 ,77,23

are u guys long?
  • #44,797
  • Oct 25, 2007 9:02pm Oct 25, 2007 9:02pm
Quoting turn1to100
234.59 is the spot


WICKS 75% of the time are on ODD number example57 ,77,23
67
  • #44,798
  • Oct 25, 2007 9:04pm Oct 25, 2007 9:04pm
Quoting Pips_Cruiser
London's pivot info doesn't exist yet. It will be calculated at 3AM EST (London start) using the most recent 24 hours worth of data.

The current Asian session daily pivot is 233.99, with R1 at 234.97 and S1 at 232.87.
thanks
  • #44,799
  • Oct 25, 2007 9:07pm Oct 25, 2007 9:07pm
Quoting Hakuna Matata
are u guys long?
no I missed my entry by a few pips I did get a nice long scalp ealier I'll just bide my time late fridays can be quite profitable 235 seems to be insight but we'll see
  • #44,800
  • Oct 25, 2007 9:07pm Oct 25, 2007 9:07pm
Quoting Zoran
It may not fall but my coin flip landed on the fall. Maybe the gods are against me??... Either way, I have positioned my stop to give me a few pips (after interest is deducted) or my TP to give me a few thousand pips. Now I just need to leave this trade in the cellar and let it age. One can never be certain how these things turn out.

So, unless 231.5 breaks, north is still a strong possibility. I did mention that support at that level could turn this around!

Now, what are your thoughts?
Well, I'm not well versed in technical comparing to most of the guys here, just able to manage not losing days profit from recently.

I see this thing going up short term:
1) 1H chart: MACD is crossed up (above 0 right now, Stochs are pointing up)
2) 4H chart:MACD has crossed up, Stochs are also up The TL from large fall in Jul/Aug is at around 233.20 on current bar.
3) Fed rate cut is almost for sure (90% of analysts were saying that -can be wrong though) So equity will rise following the rate cut.
4) Interest swap, big boys with enough funds just want the interest piling up? (also japanese retail investors with good capital and hard learned experience)
5) With UK data showing surprises to the upside, and further rate increase may be in the line
6) Japan doesn't have an ounce of minerals, resources, oil and dependent on exports - which will suffer from the higher Yen

But in a long term like your time frame days, weeks to months this pair may slide down because
1) you say so (also aus, karmo, markam, hk too)
2) Yuan value is being criticized, hence Yen will rise in proxy (If you guys have a Hong kong dollar in your broker, buy it for a long term -it's closely related to Yuan and will be almost pip to pip increase) I don't feel comfortable with Chinese yuan appreciating so fast at all.
3) Daily chart is looking quite bad, like the fall few days ago and large fall in Jul/Aug Macd's are crossed down, not so good for the long term longs I'd say
4) Carry trade is almost extinct these volatile days

Ok, I'm willing to learn and perfect my skills, so constructive criticism/discussion is welcome, as long as it doesn't get offending to the big Hearted/Brained guys of this thread, safe trading
Attached Image(s) (click to enlarge)
Click to Enlarge Name: DailyTLandFibo.JPG Size: 215 KB
Click to Enlarge Name: 240.JPG Size: 213 KB
Click to Enlarge Name: Daily.JPG Size: 236 KB
505 traders viewing now