Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 2596 | 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)

  • #51,901
  • Nov 28, 2007 11:05am Nov 28, 2007 11:05am
Next target looks to 228.76, then 230's. . .
If it breaks above 228.40 stops will be triggered above.
  • #51,902
  • Nov 28, 2007 11:07am Nov 28, 2007 11:07am
Quoting zenger
Karmo,
are u using the normal ZUP67 indicator with default settings ?
or that one is different..?
thanks in advance
I've got zup69 with the default setting, I saw people using v71 recently but haven't checked it out yet.
Trade what you see, not what you think.
  • #51,903
  • Nov 28, 2007 11:08am Nov 28, 2007 11:08am
Quoting mike1349
Hi friends,
Sorry to ask an irrelevent request.but I was wondering anybody has
"Parabolic Sar" indicator for MT4 with sound and E-mail alert or give me the linke to download it?

Regards
Mike
Hi mike,

I've got this. It may be the same you are looking for.

good luck
Attached File(s)
File Type: mq4 Parabolic SAR Color - Alert.mq4   3 KB | 310 downloads
Discipline + Patience - Fear - Greed = Success
  • #51,904
  • Nov 28, 2007 11:08am Nov 28, 2007 11:08am
i just went short at 228.35, and if this the top, i have a target of 226-226.50 area which is the 50% fib area of the move up. i also have another sell entry limit at 228.80 (if we make it there) which is the top of my 4hr bearish bat. unfortunately i still have a job so gotta go but will check back in a couple hours. BTW, good job to all who caught the bull run.
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #51,905
  • Nov 28, 2007 11:08am Nov 28, 2007 11:08am
Quoting quecee5
Next target looks to 228.76, then 230's. . .
If it breaks above 228.40 stops will be triggered above.
IMO a good retracement is due before we go any higher unless the DOW goes nuts n rallies like no tomorrow. I'm expecting the DOW to have a bit of sell-off by the end of the session.
Trade what you see, not what you think.
  • #51,906
  • Nov 28, 2007 11:13am Nov 28, 2007 11:13am
Quoting karmostaji
IMO a good retracement is due before we go any higher unless the DOW goes nuts n rallies like no tomorrow. I'm expecting the DOW to have a bit of sell-off by the end of the session.
Thxs Karmo!
  • #51,907
  • Nov 28, 2007 11:17am Nov 28, 2007 11:17am
Quoting karmostaji
I've got zup69 with the default setting, I saw people using v71 recently but haven't checked it out yet.
thanks bro
  • #51,908
  • Nov 28, 2007 11:20am Nov 28, 2007 11:20am
Quoting debtfreedom
NEW UPDATE GJ H4



GOOD LUCK
DEBTFREEDOM
Hi , debtfreedom
could u pls share with us more details or cases for yr strategy..becoz it seems so interesting and if u have any links,ebooks..to share with us for that matter it will be great..
thanks in advance
  • #51,909
  • Edited 11:32am Nov 28, 2007 11:20am | Edited 11:32am
I'm looking to see a stall at 229, maybe even a bit earlier. There are a few reasons for this, but the main reason is that this is a solid area of resistance. I'm not entirely sure as to what price should do at this area, maybe retrace or reverse. Time will tell, I guess.

229.20 could be a top for now. If I see a reversal signal at that point, I plan on shorting. Just as Karmo said earlier, I think we at least need a retracement, which could supply us with a fairly good trade.
I dream, therefore I become.
  • #51,910
  • Nov 28, 2007 11:21am Nov 28, 2007 11:21am
short from 227.25 and short again @ 228.25---targeting 226 area
  • #51,911
  • Nov 28, 2007 11:30am Nov 28, 2007 11:30am
Risky game you're playing there gentlemen, trying to pick tops, especially on a Wednesday. I wouldn't make a habit of it.
  • #51,912
  • Nov 28, 2007 11:34am Nov 28, 2007 11:34am
Hi guys, I'm new here. Could someone please how to set up Auslanco's System so that i can trade his method? Thanks.
  • #51,913
  • Nov 28, 2007 11:35am Nov 28, 2007 11:35am
Quoting birdt
Risky game you're playing there gentlemen, trying to pick tops, especially on a Wednesday. I wouldn't make a habit of it.
It's risky if you pick them and have nothing else to base your trade off of. If your trying to figure out tops or bottoms on anything without some other kind of confirmation for a trade, I doubt that can pay off in the long run. If you have any inkling at all to where a top could be and then price action, among other things, then there is a chance that you could be in for a solid trade.
Just picking the top without anything else, and I agree, it's too risky to be profitable.
I dream, therefore I become.
  • #51,914
  • Nov 28, 2007 11:36am Nov 28, 2007 11:36am
Quoting FX-Petra
short from 227.25 and short again @ 228.25---targeting 226 area
hia ll new and trying to learn thank you all for this thread! here is part of an article posted on yahoo finance :

12:00 pm : Stocks have rallied, as comments from a Fed official overshadowed some bearish mortgage news. At midday, the stock market is trading slightly below its session highs.
Federal Reserve Vice Chairman Donald Kohn helped fuel the rally after he said the Fed must be "flexible and pragmatic" in policy. That suggests he leans towards cutting rates at the Dec. 11 policy meeting.

so my question is this? rate cut was not expected until today but the markets have "priced in a USA rate cut in december..... what will happen to USD and gpb if there is actually a rate cut and what will happen if there is not a rate cut in december? what will happen to gpb/jpy? today it seems they are indicating a cut and geppy is rising like crazy? can someone explain the logic here?
  • #51,915
  • Nov 28, 2007 11:37am Nov 28, 2007 11:37am
Quoting karmostaji
Just closed my long at 100sma and R1

I opened a short now, the bearish pattern has just completed.

Enjoy.

Hey Karmo...

I've been reading that once a harmonic (Butterfly) wave completes and price reverses, it's usually good for a 61.8 fibo retrace. I use the word "usually" as I realize there are other factors that may prevent this from happening.

Based on a 61.8 fibo retrace, that would take price down to 244.50 area.

Any thoughts on this?

Thanks for all you do in this forum. It's great stuff!

Cheers,

PiPsAddict
Addicted and proud of it!
  • #51,916
  • Nov 28, 2007 11:38am Nov 28, 2007 11:38am
Quoting quecee5
"Geppy" looks pretty strong right now. . .
It sure does. I might have to give the SL more breathing room . . .

  • #51,917
  • Nov 28, 2007 11:39am Nov 28, 2007 11:39am
Quoting dagoods
hia ll new and trying to learn thank you all for this thread! here is part of an article posted on yahoo finance :

12:00 pm : Stocks have rallied, as comments from a Fed official overshadowed some bearish mortgage news. At midday, the stock market is trading slightly below its session highs.
Federal Reserve Vice Chairman Donald Kohn helped fuel the rally after he said the Fed must be "flexible and pragmatic" in policy. That suggests he leans towards cutting rates at the Dec. 11 policy meeting.

so my question is this? rate cut was not expected until today but the markets have "priced in a USA rate cut in december..... what will happen to USD and gpb if there is actually a rate cut and what will happen if there is not a rate cut in december? what will happen to gpb/jpy? today it seems they are indicating a cut and geppy is rising like crazy? can someone explain the logic here?
Rate cuts help Equities, equities will thus rise, thus rises the DJIA, thus rises the carry trade.
Patience + Humility + Study = Success
  • #51,918
  • Nov 28, 2007 11:41am Nov 28, 2007 11:41am
Quoting PiPsAddict
Hey Karmo...

I've been reading that once a harmonic (Butterfly) wave completes and price reverses, it's usually good for a 61.8 fibo retrace. I use the word "usually" as I realize there are other factors that may prevent this from happening.

Based on a 61.8 fibo retrace, that would take price down to 244.50 area.

Any thoughts on this?

Thanks for all you do in this forum. It's great stuff!

Cheers,

PiPsAddict
That is correct, I have read that as well when I was learning about harmonic patterns, but for this pair my 1st target is always the 50% retracement of the last bull-run/bear-run. From my experience with this pair, It just loves the 50, after that is reached I'll let the rest run unless I spot signs of reversal.
Trade what you see, not what you think.
  • #51,919
  • Nov 28, 2007 11:42am Nov 28, 2007 11:42am
Quoting mike w
I'm looking to see a stall at 229, maybe even a bit earlier. There are a few reasons for this, but the main reason is that this is a solid area of resistance. I'm not entirely sure as to what price should do at this area, maybe retrace or reverse. Time will tell, I guess.

229.20 could be a top for now. If I see a reversal signal at that point, I plan on shorting. Just as Karmo said earlier, I think we at least need a retracement, which could supply us with a fairly good trade.
Mike,

Just curious, where are you drawing your fib lines on this moving target?
  • #51,920
  • Nov 28, 2007 11:42am Nov 28, 2007 11:42am
I am short from 228.50. Stochs and QQEs are smokin' they are so overbought. Targeting a 38.6 retrace to 226, will buy there again depending on price action, could retrace to 225.20. the 50% mark.
Attached Image (click to enlarge)
Click to Enlarge Name: screenie.gif Size: 20 KB
44 traders viewing now