Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 2810 | 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)

  • #56,181
  • Dec 26, 2007 9:01am Dec 26, 2007 9:01am
Quoting moneymagnet
i still think this longer term (post from a few days ago)

i see that 225.50 area as a possible buy target area on the 4hr at the 5 sma as some have mentioned but with that said the geppy is known for wicking through then closing above the 5sma so just looking at this 1hr chart(if 226.43 remains the high) i am kind of looking at the 225-225.30 area (38.2% and 50% fib of move up) as a poss entry for a long if the set up is right. also we had a 3 wave retracement move up which could be a 3 wave move of a bigger wave 1 then wave 2 down to that 225 area then big wave 3 up to the 229-230 area as some are calling for. i am no elliotician but i do know moves happen in 3 and 5 wave patterns so we shall see.
moneymagnet,

Looks like we're on the same page. . .
  • #56,182
  • Dec 26, 2007 9:02am Dec 26, 2007 9:02am
Quoting moneymagnet
i did step out for a minute to go pick my daughter up from work and i had a seel limit place at 226.36 but it wasn't triggered
It should be triggered now. . .
I just added to my short on that last run up to 226.39. . .
  • #56,183
  • Dec 26, 2007 9:04am Dec 26, 2007 9:04am
Quoting quecee5
It should be triggered now. . .
I just added to my short on that last run up to 226.39. . .
thanks q,

was on the phone and wasn't even looking at the charts
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #56,184
  • Dec 26, 2007 9:06am Dec 26, 2007 9:06am
Quoting moneymagnet
i still think this longer term (post from a few days ago)

i see that 225.50 area as a possible buy target area on the 4hr at the 5 sma as some have mentioned but with that said the geppy is known for wicking through then closing above the 5sma so just looking at this 1hr chart(if 226.43 remains the high) i am kind of looking at the 225-225.30 area (38.2% and 50% fib of move up) as a poss entry for a long if the set up is right. also we had a 3 wave retracement move up which could be a 3 wave move of a bigger wave 1 then wave 2 down to that 225 area then big wave 3 up to the 229-230 area as some are calling for. i am no elliotician but i do know moves happen in 3 and 5 wave patterns so we shall see.
nice...count chart bro...
  • #56,185
  • Dec 26, 2007 9:06am Dec 26, 2007 9:06am
Quoting moneymagnet
for any newbie looking at my charts, i use multiple charts on multiple tf's. i always try to post the simple charts. i use aus' system with others but i have too much clutter on those. i am actually planning on going back to a more simple style of trading for '08. i think i am getting to involved with too many diff systems and it started to affect my judgment late this year
I agree with that, I'm using a more simple method that consist of fib's, macd, daily pivot points and ema/sma's. . . I too am trying to eliminate the clutter as much as possible and concentrate more on trading longer time frames. . .
  • #56,186
  • Dec 26, 2007 9:07am Dec 26, 2007 9:07am
hope we dont bounce from 226 to 226. 40 all day. looking for a close below 225.90 to start a downward move to 225-225.50 area
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #56,187
  • Dec 26, 2007 9:09am Dec 26, 2007 9:09am
Good Call MoneyMagnet i had my short at 226.37 triggered.
  • #56,188
  • Dec 26, 2007 9:13am Dec 26, 2007 9:13am
Quoting vdubbs
Good Call MoneyMagnet i had my short at 226.37 triggered.
nice post bro..i still hold my short... TP 224.88
  • #56,189
  • Dec 26, 2007 9:13am Dec 26, 2007 9:13am
Quoting vdubbs
Good Call MoneyMagnet i had my short at 226.37 triggered.
not a trade call vdubb. i dont do those. i just try to give an analysis and justify it with explanation and a chart. gotta post a chart or m2b will start posting pictures
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #56,190
  • Dec 26, 2007 9:15am Dec 26, 2007 9:15am
Quoting moneymagnet
hope we dont bounce from 226 to 226. 40 all day. looking for a close below 225.90 to start a downward move to 225-225.50 area
Well we have already hit the daily r1 @ 226.39 so I think we'll see a run down to 226.53 sometime today, I'm patient. . .
  • #56,191
  • Dec 26, 2007 9:17am Dec 26, 2007 9:17am
Quoting fising
nice post bro..i still hold my short... TP 224.88
Why 224.88 if you don't mind me asking?
  • #56,192
  • Dec 26, 2007 9:19am Dec 26, 2007 9:19am
Quoting moneymagnet
not a trade call vdubb. i dont do those. i just try to give an analysis and justify it with explanation and a chart. gotta post a chart or m2b will start posting pictures
moneymganet,

I have daily 5 sma @ 225.60 which I hope we touch before NY session close.
  • #56,193
  • Dec 26, 2007 9:23am Dec 26, 2007 9:23am
Quoting quecee5
moneymganet,

I have daily 5 sma @ 225.60 which I hope we touch before NY session close.
225.52 here. close enough
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #56,194
  • Dec 26, 2007 9:26am Dec 26, 2007 9:26am
Good morning Dagoods!
  • #56,195
  • Dec 26, 2007 9:40am Dec 26, 2007 9:40am
Quoting quecee5
Good morning Dagoods!


just catchin up.... i'm in the no trade zone.... slow market after holidays ....so now i am lookin at longer term...... anyone have predictions for 2008?


for now...


the gpb/usd seems like its poised for a move up with the strong support below .....

the usd/jpy seems like it should retrace down considering the resistance above.....

but i am waiting for confirmation from pa etc.
  • #56,196
  • Dec 26, 2007 9:40am Dec 26, 2007 9:40am
Don't forget tripple interest day today so some last minute buying action will be going on towards the end of the day. I hate this! for like 4 time already price missed my target of 226.50 by 5 pips. Grrrrr!!!
  • #56,197
  • Dec 26, 2007 9:45am Dec 26, 2007 9:45am
Quoting vinesh2
Don't forget tripple interest day today so some last minute buying action will be going on towards the end of the day. I hate this! for like 4 time already price missed my target of 226.50 by 5 pips. Grrrrr!!!
hehehe...patient bro...market slow..and crowded..
  • #56,198
  • Dec 26, 2007 9:54am Dec 26, 2007 9:54am
Holidays where great...but i definitely missed the market moving... I never thought i would hate holidays and weekends
  • #56,199
  • Dec 26, 2007 10:01am Dec 26, 2007 10:01am
Quoting fising
hehehe...patient bro...market slow..and crowded..
Trading in thin markets could result in this....:
Attached Image
  • #56,200
  • Dec 26, 2007 10:02am Dec 26, 2007 10:02am
Quoting dagoods




just catchin up.... i'm in the no trade zone.... slow market after holidays ....so now i am lookin at longer term...... anyone have predictions for 2008?


for now...


the gpb/usd seems like its poised for a move up with the strong support below .....

the usd/jpy seems like it should retrace down considering the resistance above.....

but i am waiting for confirmation from pa etc.
A break below 113.70's would be bearish for UJ and would likely indicate a reversal rather a retracement.

GU is facing resistance @ 1.9850/90 area a break of either of these reistance levels could mean bullish short-term up to possible 1.9970/80's or even higher. . . However, if reistance holds then I expect we'll see lower lows down to 1.9555 area. . .

As for GJ I expect to see 225.50/60 area sometime today. If its thru a sell-off thru UJ below major support i plan to hold my short position. If see a bounce then I may consider buying for another leg up to 226.80/227.30 where I will look to get bearish once again. . .
44 traders viewing now