Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 2483 | 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)

  • #49,641
  • Nov 12, 2007 1:32am Nov 12, 2007 1:32am
I also see the GJ 1hr chart's QQE5 has just crossed up. It's way below the 50 line (which is fine), but the solid line is now crossed above the dashed line. That's a good bullish sign. But until this 1hr candle closes, the QQE can still "uncross" and go back to bearish.
  • #49,642
  • Nov 12, 2007 1:34am Nov 12, 2007 1:34am
Quoting Pips_Cruiser
Your QQE is actually crossed up, not crossed down. The solid line is above the dashed line, indicating bullishness on the 30min chart. It's reacting to the past two hours of upward price movement.
it was my first chart just learning i know i have to go a long way
Thanks bro
  • #49,643
  • Nov 12, 2007 1:41am Nov 12, 2007 1:41am
Quoting juliekhan
it was my first chart just learning i know i have to go a long way
Thanks bro
If you or anyone else wants a good place to learn the 15min strategy, or to get your indicators setup correctly, this might be the best thread.

http://www.forexfactory.com/showthread.php?t=45076

People are more willing to ask questions there, and you they don't have to worry about someone giving them a bad time.
  • #49,644
  • Nov 12, 2007 1:49am Nov 12, 2007 1:49am
it looks a dead thread already.

All the members seem gone!

what a shame!
  • #49,645
  • Edited 11:16am Nov 12, 2007 1:50am | Edited 11:16am
There might be a 15min chart long trade developing. The 15min QQE's are all bullish, but we're too far below the daily pivot (232.85). Maybe once London session starts the pivot will be lower, and the other indicators will still be looking good.

The QQE1 and QQE5 on the 15min are peaking up above the 50 line, and the QQE60 has the solid line crossed above the dashed line.
  • #49,646
  • Nov 12, 2007 2:07am Nov 12, 2007 2:07am
What a good thread, but most senior members now keeping away from it, going to waste.

I hate to see this thread die.
  • #49,647
  • Nov 12, 2007 2:08am Nov 12, 2007 2:08am
Quoting Pips_Cruiser
There might be a 15min chart long trade developing. The 15min QQE's are all bullish, but we're too far below the daily pivot (232.85). Maybe once London session starts the pivot will be lower, and the other indicators will still be looking good.

The QQE1 and QQE5 on the 15min are peaking up above the 50 line, and the QQE60 has the solid line crossed above the dashed line.
i don't see your chart but i saw the same setup. im using auslanco's 15min system but one of his rules is that the signal needs to be generated above the daily pivot. on my chart the price is above the daily pivot (from london open) right now but the two signals were generated well below yesterdays daily.
  • #49,648
  • Nov 12, 2007 2:12am Nov 12, 2007 2:12am
Quoting sri
What a good thread, but most senior members now keeping away from it, going to waste.

I hate to see this thread die.
What happened here that kept the senior citizens away? If auslanco doesn't come here anymore, maybe I can start posting my winning trades without much analysis. I hate write ups.
  • #49,649
  • Nov 12, 2007 2:14am Nov 12, 2007 2:14am
No Significant move after london open yet !!!

Though FTSE up by 33 points..
  • #49,650
  • Nov 12, 2007 2:18am Nov 12, 2007 2:18am
Quoting Pipsqueak
What happened here that kept the senior citizens away? If auslanco doesn't come here anymore, maybe I can start posting my winning trades without much analysis. I hate write ups.

No offence to u but no one wants to know the winning ttrades of others..

The reason this thread so popular ( and the only reason i think) is becoz people posted their analysis with charts and showed other people what they saw in their charts..

Posting winning trades isnt going to revive this thread..what we need is people to continue talking their trading ideas/logic loudly wityh charts..

Hope that will continue in here.
  • #49,651
  • Nov 12, 2007 2:24am Nov 12, 2007 2:24am
Quoting DaddyWarbuck
i don't see your chart but i saw the same setup. im using auslanco's 15min system but one of his rules is that the signal needs to be generated above the daily pivot. on my chart the price is above the daily pivot (from london open) right now but the two signals were generated well below yesterdays daily.
Looks like the London pivot is 231.98. Too high.

I've seen Aus make long calls when price is firmly above the pivot, even if everything wasn't generated above it. The "rules" should all be followed when you're testing out the strategy, otherwise you don't know if it works or not. But once you're on your own you can get a little creative. The pivot thing is one, the trade times are another. Also the 100sma doesn't really have to be below price on a long call, as long as it isn't going to cause resistance and make you miss your 100 pips. In our case it's way above the 100 pips, so it wouldn't have been an issue (unless you're following the rules 100%). So basically there are hard and soft rules, and the soft ones get bent now and then.
  • #49,652
  • Nov 12, 2007 2:26am Nov 12, 2007 2:26am
Quoting sri
No offence to u but no one wants to know the winning ttrades of others..

The reason this thread so popular ( and the only reason i think) is becoz people posted their analysis with charts and showed other people what they saw in their charts..

Posting winning trades isnt going to revive this thread..what we need is people to continue talking their trading ideas/logic loudly wityh charts..

Hope that will continue in here.
The problem is that I don't use technicals much so I don't have any charts. I use fundamentals about 80% of the time and it's been working really well. About I think everyone can see that 228.40 is a very strong resistance dating back to September. I had a buy limit at 228.60, tp at 229.10 and 229.60. SL at 228. My system is simple but it works.
  • #49,653
  • Nov 12, 2007 2:27am Nov 12, 2007 2:27am
Here's the original purpose of this thread:

"Dear traders....
I decided to start my own thread because there are some other great traders who can provide very valuable analysis of GBP/JPY on the other thread , and I feel that my trade calls are overshadowing those good analysis contributed by other experienced traders.
This thread is mainly focused for new traders who want to learn my trading methods."
  • #49,654
  • Edited 2:45am Nov 12, 2007 2:34am | Edited 2:45am
Quoting Pips_Cruiser
Looks like the London pivot is 231.98. Too high.

I've seen Aus make long calls when price is firmly above the pivot, even if everything wasn't generated above it. The "rules" should all be followed when you're testing out the strategy, otherwise you don't know if it works or not. But once you're on your own you can get a little creative. The pivot thing is one, the trade times are another. Also the 100sma doesn't really have to be below price on a long call, as long as it isn't going to cause resistance and make you miss your 100 pips. In our case it's way above the 100 pips, so it wouldn't have been an issue (unless you're following the rules 100%). So basically there are hard and soft rules, and the soft ones get bent now and then.
for some reason i am getting a daily pivot of 229.50. im using mt4 and i have the time set to 0700GMT. i use an online gmt clock and that equates to 2am EST. i even tried 0800GMT (in auslanco's word document he says he sets it to 9) and it still results in a pivot around 229.60-229.70
  • #49,655
  • Nov 12, 2007 2:47am Nov 12, 2007 2:47am
Quoting DaddyWarbuck
for some reason i am getting a daily pivot of 229.50. im using mt4 and i have the time set to 0700GMT. i use a online gmt clock and that would be 2am EST. i even tried 0800GMT (in auslanco's word document he says he sets it to 9) and it still results in a pivot around 229.60-229.70
There always seem to be discrepancies with the pivot. But usually pretty small. I think it mainly comes from the data from our brokers, as opposed to the platform itself.

I set mine to 3 EST for the London session. That's the equivalent of 8AM London time, and GMT. The web site agrees with this.

http://www.pnwenterprises.com/auslan...instrategy.htm
  • #49,656
  • Nov 12, 2007 2:49am Nov 12, 2007 2:49am
Quoting DaddyWarbuck
for some reason i am getting a daily pivot of 229.50. im using mt4 and i have the time set to 0700GMT. i use an online gmt clock and that equates to 2am EST. i even tried 0800GMT (in auslanco's word document he says he sets it to 9) and it still results in a pivot around 229.60-229.70
check this web link to confirm pivot levels

http://www.actionforex.com/forex_ana..._200603215756/
  • #49,657
  • Nov 12, 2007 2:51am Nov 12, 2007 2:51am
Quoting Pips_Cruiser
There always seem to be discrepancies with the pivot. But usually pretty small. I think it mainly comes from the data from our brokers, as opposed to the platform itself.

I set mine to 3 EST for the London session. That's the equivalent of 8AM London time, and GMT. The web site agrees with this.

http://www.pnwenterprises.com/auslan...instrategy.htm
right, but in his word document he shows that and then in parenthesis he says that he sets his to 9. the thing is, i dont really know if the pivot point indicator uses gmt time or est time. should i be entering in 0300 or 0800?
  • #49,658
  • Nov 12, 2007 2:58am Nov 12, 2007 2:58am
Quoting DaddyWarbuck
right, but in his word document he shows that and then in parenthesis he says that he sets his to 9. the thing is, i dont really know if the pivot point indicator uses gmt time or est time. should i be entering in 0300 or 0800?

Hi Daddywarbuck: I am the person putting the website together. You refer to the parenthesis. this has been removed as this was setting for MPP who put the original word doc together.
Rod
Trade what you see, not what you think.
  • #49,659
  • Nov 12, 2007 3:01am Nov 12, 2007 3:01am
Quoting DaddyWarbuck
right, but in his word document he shows that and then in parenthesis he says that he sets his to 9. the thing is, i dont really know if the pivot point indicator uses gmt time or est time. should i be entering in 0300 or 0800?
I hear you. Originally he wanted everyone to use VT Trader. With that one, it lets you know that it requires EST. It also gave pretty consistent readings from one person to the next. But some people rebelled, naturally, and wouldn't switch from MT4. Now the majority are probably using it, and most of them don't know how to setup the pivots for it. They also have a different set of other indicators, but most of those problems have been worked out. I don't know what to tell you about the MT4 setups. It might be a good question for the 15min thread, though. MPP has been helping people with MT4 questions, and I've been fielding the ones about VT lately.

By the way, there might be more recent documentation available that spells things out differently. There have been different versions floating around, and I'm not sure if Aus actually wrote any of them. I think it all comes from other people, and they've copied some of his posts.
  • #49,660
  • Nov 12, 2007 3:13am Nov 12, 2007 3:13am
Quoting DaddyWarbuck
right, but in his word document he shows that and then in parenthesis he says that he sets his to 9. the thing is, i dont really know if the pivot point indicator uses gmt time or est time. should i be entering in 0300 or 0800?
There's an entry on this page, near the bottom, about MT4 pivots and how they're setup:

http://www.forexfactory.com/showthre...=45076&page=28
279 traders viewing now