Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 2800 | 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)

  • #55,981
  • Dec 21, 2007 10:04am Dec 21, 2007 10:04am
Well, my charts are telling me that it fairly certain its going to hit 226.50 as the new 4H chart opened well below 5SMA close. Once it pases the 25EMA next target is 50EMA at around 226.80. Not too confident about reaching 227 as there is a very strong resistence in form of 50 EMA and then 100 EMA. I might just close my long a little below 227. We'll see what happens a long way to go before NY close.
  • #55,982
  • Dec 21, 2007 10:05am Dec 21, 2007 10:05am
Quoting pip_designer
Congratulations, you have no feelings (when it comes to trading) and plenty of patience. Your the "PERFECT" trader. Good luck.

I'm still working on both.

gu just broke down lets see..... uj still up.... so gj????
  • #55,983
  • Dec 21, 2007 10:07am Dec 21, 2007 10:07am
Quoting dagoods
i am just learning fibs and was making this chart but you beat me to it?

anyone think this double fib area is the end of this run??? any thoughts is appreciated as i try to learn
dagoods,

for what it's worth I typically turn my chart into a line chart 1st when drawing fibs to get rid of the spikes, tails, etc. . .

Having said that 226.84 is what I have as 50% fib. with lots of resistance ar'd that area. In addition, I see minor resistance below there @ 226.35. this is all looking at a 2hr chart. . .
  • #55,984
  • Dec 21, 2007 10:10am Dec 21, 2007 10:10am
Quoting vinesh2
Well, my charts are telling me that it fairly certain its going to hit 226.50 as the new 4H chart opened well below 5SMA close. Once it pases the 25EMA next target is 50EMA at around 226.80. Not too confident about reaching 227 as there is a very strong resistence in form of 50 EMA and then 100 EMA. I might just close my long a little below 227. We'll see what happens a long way to go before NY close.
We are on the same page bro! Seeing the exact same thing looking at a 2hr chart, fibs and ema/sma. . . However, I use 21/55ema which are close to what you are using. . .
  • #55,985
  • Dec 21, 2007 10:11am Dec 21, 2007 10:11am
Can some one confirm is there a Morning Star candle pattern on the 4H chart? I am still learning just wanted to confirm.

thanks
  • #55,986
  • Dec 21, 2007 10:14am Dec 21, 2007 10:14am
Quoting FX-Petra
care to share a 3rd target---if any?
226.80 (50ema) - 227.20 (100ema)
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #55,987
  • Dec 21, 2007 10:17am Dec 21, 2007 10:17am
looks like UJ is running into some pretty good resistance @ 114. Unless GU decides to get into the spirit of the season and start a good retrace, that could be it for GJ for a while. If we get to 226.10 again I will take some more profit--and will hold on to my last 2 longs for 226.80.
  • #55,988
  • Dec 21, 2007 10:18am Dec 21, 2007 10:18am
Quoting quecee5
dagoods,

for what it's worth I typically turn my chart into a line chart 1st when drawing fibs to get rid of the spikes, tails, etc. . .

Having said that 226.84 is what I have as 50% fib. with lots of resistance ar'd that area. In addition, I see minor resistance below there @ 226.35. this
is all looking at a 2hr chart. . .
Also this trendline could provide some resistance at 226.80
Attached Image (click to enlarge)
Click to Enlarge Name: jeff.gif Size: 29 KB
  • #55,989
  • Dec 21, 2007 10:29am Dec 21, 2007 10:29am
Quoting FX-Petra
looks like UJ is running into some pretty good resistance @ 114. Unless GU decides to get into the spirit of the season and start a good retrace, that could be it for GJ for a while. If we get to 226.10 again I will take some more profit--and will hold on to my last 2 longs for 226.80.
UJ should top out @ 114/114.10. . . GU still could make a run to 1.9865/85 which would put GJ @ either 226.50 or 226.80. . .

UJ and GU lettttttttttttttts get reaaaaaaaaaaady to rummmmmmmmmble!
  • #55,990
  • Dec 21, 2007 10:30am Dec 21, 2007 10:30am
Quoting dagoods
gu just broke down lets see..... uj still up.... so gj????

Little wonder this disfunctional pair behaves like a torn
and confused child in a divorce.
.
Mommy moves one way and Daddy the other. LOL
  • #55,991
  • Dec 21, 2007 10:33am Dec 21, 2007 10:33am
Quoting moneymagnet
226.80 (50ema) - 227.20 (100ema)

these were 4hr ema's petra, sry
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #55,992
  • Dec 21, 2007 10:36am Dec 21, 2007 10:36am
Quoting pip_designer
Also this trendline could provide some resistance at 226.80
  • #55,993
  • Dec 21, 2007 10:45am Dec 21, 2007 10:45am
Just closed longs on UJ @ 114 for 100 pips. Now if GJ could just touch 226.30/50 I would be done trading for the year. . .
  • #55,994
  • Dec 21, 2007 10:49am Dec 21, 2007 10:49am
Quoting quecee5
Just closed longs on UJ @ 114 for 100 pips. Now if GJ could just touch 226.30/50 I would be done trading for the year. . .
sure, be right back
Trade what you see, not what you think.
  • #55,995
  • Dec 21, 2007 10:52am Dec 21, 2007 10:52am
Quoting karmostaji
sure, be right back
  • #55,996
  • Dec 21, 2007 10:54am Dec 21, 2007 10:54am
Quoting quecee5
lol, there are harmonic patterns on UJ and GJ, so we could see some sort of retracement here..
Trade what you see, not what you think.
  • #55,997
  • Dec 21, 2007 10:54am Dec 21, 2007 10:54am
BAD GJ! BAD GJ
  • #55,998
  • Dec 21, 2007 10:56am Dec 21, 2007 10:56am
Quoting vinesh2
BAD GJ! BAD GJ
possible 4H 5sma retracement, that is around 225.20
Trade what you see, not what you think.
  • #55,999
  • Dec 21, 2007 10:58am Dec 21, 2007 10:58am
Quoting quecee5
Just closed longs on UJ @ 114 for 100 pips. Now if GJ could just touch 226.30/50 I would be done trading for the year. . .
pmed u
  • #56,000
  • Dec 21, 2007 10:59am Dec 21, 2007 10:59am
Its, ok i guess I have my stop loss at +10 at least wont loose anything on that trade. I trade a mini account so probably wont make any doe lol!
256 traders viewing now