Here is the chart
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
DislikedDaddyWarbuck,
Sorry mate, i would put more detail into my analysis, however quite busy at work! Ive traded a fair few of these setups; not my preferred setup, however i think there is sufficient evidence to support this trade.Ignored
Dislikedcool trend line stuff on I found on another thread here forex factory for those learning like myself this is something i got from another thread that explains trend and how it is really determined( in the authors aopinion) i think its awesome for us newbies to read and learn so i post it....it may also explain why andrews pitchfork works (if you draw it correctly) the problem i find with the pitchforks so far is it is too subjective....am hoping this will help better draw trend and median lines so we can better apply them.... forex factory rules! enjoyIgnored
DislikedDoes anyone else have these two gaps on there 15min.? Where the two red check marks are. and there is a gap on the 1H @ 229.46Ignored
DislikedI think you can be very successful only by using trendlines. If you add fibs to trendlines, even better.
Usually the beginning of a new trend (ST trend in this case) is important (the yellow ellipse), it sets the direction for the trend.
When the trendline is crossed, the trend is over. Open a position on the next stoch top / bottom on a shorter tf, in this case use 15M. Determine the target using fibs, or keep your position until the trendline is broken.
It is very very simple and effective.
R
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Dislikedhmmm--dont think so
doesnt his strategy say that price has to be below 1hr 100sma. (im not sure myself. who knows ! lol ) for 15min short signals?
i expect price to close at 229.50 or slightly above by end of this hr candle.
( if not then i will favour shorts of price breakout in london/frankfurt)
if it closes above 229.50 then longs or range mode still in play.
just what i see !
ferIgnored
Dislikedgood call but already took a small short on the pinbar.... should have waited for signal thanks for teaching u.... live and learn....but i hope my trade wroks out and i get lucky cause that was one nice looking pinbar on 4 hourIgnored
DislikedI think you can be very successful only by using trendlines. If you add fibs to trendlines, even better.
Usually the beginning of a new trend (ST trend in this case) is important (the yellow ellipse), it sets the direction for the trend.
When the trendline is crossed, the trend is over. Open a position on the next stoch top / bottom on a shorter tf, in this case use 15M. Determine the target using fibs, or keep your position until the trendline is broken.
It is very very simple and effective.
R
AttachmentIgnored
Dislikedwell. no setups for me yet. ill just wait either for a close below 228.95 for short or a close above 229.70 for long. hopefully with other signals pointing in those directions.
fer ( friday the 13th..oops 14th actually)Ignored