Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 2392 | 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)

  • #47,821
  • Nov 5, 2007 9:43am Nov 5, 2007 9:43am
Quoting VishalJ
That's crazy.. but then again. anything possible with China. I was also looking at PetroChina's debut - $1 trillion!! And they expect it's value to double to $2 trillion! The higher they go the harder and faster they will fall..
Vishal/Markam, I can't seem to find this posting from Markams. Can you help me locate this? Or has it been deleted?

Thanks.

~G.
  • #47,822
  • Nov 5, 2007 9:45am Nov 5, 2007 9:45am
Quoting Scrat
300 pips down, say? today?
Stupid ISM number is messing up my perfect bear day.
  • #47,823
  • Nov 5, 2007 9:46am Nov 5, 2007 9:46am
Quoting Piters
OR...

Maybe Aliens trade American market ???

http://www.forexfactory.com/images/icons/icon4.gif
muchh more likely...

thanx god the asian and european markets are not as tough as american market in my opinion... they are easier to predict..

I wished for a short day but i just can not see it happening for now.. Though i must admit geppy just hit the american session pivot... but with such momentum it should break it.
  • #47,824
  • Nov 5, 2007 9:47am Nov 5, 2007 9:47am
Quoting AlphaGA
Vishal/Markam, I can't seem to find this posting from Markams. Can you help me locate this? Or has it been deleted?

Thanks.

~G.
here
Quote
China puts Hong Kong share plan on ice
By Richard McGregor in Beijing and Tom Mitchell in Hong Kong

Published: November 4 2007 20:51 | Last updated: November 4 2007 20:51

China has in effect frozen a proposal to allow mainland citizens to buy shares in Hong Kong, a decision that threatens to undercut the recent surge in the former colony’s equities market to record highs.

Wen Jiabao, the premier, has attached four conditions to final approval for the scheme, all of which are so open-ended that Beijing could take months, if not longer, to permit it to go ahead.
  • #47,825
  • Nov 5, 2007 9:50am Nov 5, 2007 9:50am
That was a 50.0 retrace from the last move down and 15min now showing bearish divergence and over-sold.
  • #47,826
  • Nov 5, 2007 9:56am Nov 5, 2007 9:56am
We still have that gap @ 240 to fill

I guess 241 now seems like much more easier to achieve
  • #47,827
  • Nov 5, 2007 9:56am Nov 5, 2007 9:56am
Any idea on who pissed off Karmo? Whoever did needs to be kicked out of this forum. Karmo is one of the best traders around and deserves a lot of respect
  • #47,828
  • Nov 5, 2007 10:00am Nov 5, 2007 10:00am
Quoting Foster
That was a 50.0 retrace from the last move down and 15min now showing bearish divergence and over-sold.
yes. and it touched the 100ema on the hourly as well. could go to 238.65-75 area (where 1hr bullish TL was broken, 50ema, 61.8% of move down). if the circumstances are right i will short there.
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #47,829
  • Nov 5, 2007 10:07am Nov 5, 2007 10:07am
Quoting Foster
That was a 50.0 retrace from the last move down and 15min now showing bearish divergence and over-sold.
Still plenty of room for this upward motion to complete. But agreed, it has hit the 50% fib line from the last move..

Looking at my price action and possible moves, i reckon it will hit my resistance trend line around (239.10) before it continues on its down trend... I believe the daily is a down trend and heading towards the big 50% fib line at around 235.80 (where Karmo and others are predicting??)

But 235.80 may take some time to get there though... at this rate, with the retraces, may take 2-3 days... That is assuming we are in a downtrend..

let me know if this is wrong so i can re-evaluate my targets.

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: g-y.JPG Size: 186 KB
  • #47,830
  • Nov 5, 2007 10:11am Nov 5, 2007 10:11am
Quoting vinesh2
Any idea on who pissed off Karmo? Whoever did needs to be kicked out of this forum. Karmo is one of the best traders around and deserves a lot of respect
agreed, but i will check his posts based on his user name to see where he has gone too though..

See you there Karmo!!
  • #47,831
  • Nov 5, 2007 10:13am Nov 5, 2007 10:13am
What do you guys think an interest hike in Australia would do to the currency?
  • #47,832
  • Nov 5, 2007 10:15am Nov 5, 2007 10:15am
Quoting Foster
That was a 50.0 retrace from the last move down and 15min now showing bearish divergence and over-sold.
Overbought. But we knew what you meant, Foster.

M2B
  • #47,833
  • Nov 5, 2007 10:15am Nov 5, 2007 10:15am
Quoting Scrat
how about 239.19, in about 4 hours...
definitely and area to short as well. that is the 50% fib of the whole move from Nov 1st. 238.65-75 could poss be an area where I add 1/4 of a short position and 239.19 area another 1/4. I would add the rest on the break and hourly close somewhere below 237.10. Again, this is only if the situation presents itself. I am also looking at some long scenarios.
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #47,834
  • Nov 5, 2007 10:16am Nov 5, 2007 10:16am
Quoting uncleforex
We still have that gap @ 240 to fill

I guess 241 now seems like much more easier to achieve
I would not bet on it, just not yet.
Humble Lifetime Member
  • #47,835
  • Nov 5, 2007 10:17am Nov 5, 2007 10:17am
Quoting vinesh2
What do you guys think an interest hike in Australia would do to the currency?
Long AUD/USD.
Humble Lifetime Member
  • #47,836
  • Nov 5, 2007 10:21am Nov 5, 2007 10:21am
Actually on AUD/JPY
  • #47,837
  • Nov 5, 2007 10:24am Nov 5, 2007 10:24am
Quoting vinesh2
Any idea on who pissed off Karmo? Whoever did needs to be kicked out of this forum. Karmo is one of the best traders around and deserves a lot of respect
OK, let's stop the witch-hunt before it gets going. No one in particular ticked off Karmo. Karmo has spent way too much time trying to help some of you who don't want to do any reading, research or homework on your own. That wears down even the best of traders over time. Why do you think you haven't seen many posts from Zoran, Hakuna and even Aus over the last 2 to 3 weeks? The reason some of you are upset over Karmo saying he needs to back off from the thread is because he was your 'genie-in-a-bottle', not because you're really concerned about him. Karmo and Markam have kept this thread running while Aus was getting some much needed rest away from the thread. And what happens? Go back and read the last 10 or so pages of the thread. How many of you kept asking Aus if he was 'still long' and 'where is your SL'. READ THE STINKIN' THREAD, WOULD YA,? Besides, the purpose of this thread is not for anyone else to tell you where to place your SL or whether or not you should exit your present trade which is down 100 pips at the moment. Read and learn. Read and learn. Read and learn. And stop asking idiotic questions. You keep it up and pretty soon there will be no senior traders on this thread to help any of you. That would be a shame because there are over 200 people viewing this thread right now, but just a handful of ding-dongs is all it takes to mess up something good. Read and learn. Read and learn. Read and learn. And stop with your pathetic, whiny, elementary posting.

M2B
  • #47,838
  • Nov 5, 2007 10:25am Nov 5, 2007 10:25am
Originally Posted by uncleforex http://www.forexfactory.com/images/buttons/viewpost.gif
We still have that gap @ 240 to fill

I guess 241 now seems like much more easier to achieve

-----

What Gap?? what time frame?
  • #47,839
  • Nov 5, 2007 10:27am Nov 5, 2007 10:27am
Quoting vinesh2
Actually on AUD/JPY
AUD would stregthen against the Yen but you have to take into account what is happening with USD/JPY. Is the US Dollar stregthening or is it falling against the Yen? No can say what is going to happen at that exact moment. All currencies are pegged against the US Dollar, so therefore, you have to keep an eye out for the US $ as to what is happening with it.
Humble Lifetime Member
  • #47,840
  • Nov 5, 2007 10:35am Nov 5, 2007 10:35am
I absolutely agree some questions asked here are FX 101 questions. I respect Karmo for his research and his generosity to teach new traders free of charge. I understand the reasons behind him backing off from this thread and I wish people would stop with their stupid questions and give the man the respect he deserves
34 traders viewing now