Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 2837 | 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)

  • #56,721
  • Dec 31, 2007 1:05am Dec 31, 2007 1:05am
Quoting uncleforex
I know. But this week things will change. This won't be on your charts until Friday's close.
Please explain.

Currently, I'd follow the UJ before the GU when trading the GJ.
  • #56,722
  • Dec 31, 2007 1:07am Dec 31, 2007 1:07am
where this going up or down?
  • #56,723
  • Dec 31, 2007 1:11am Dec 31, 2007 1:11am
We have a rising three methods (bullish) formation on g/u H4.

Also we have 3 little white soldiers formed on H4

I think we will go above 2.0 during London session easily.

Im targeting 2.0098 as 1st Target.

Just sharing what I see.
  • #56,724
  • Dec 31, 2007 1:12am Dec 31, 2007 1:12am
Quoting fourxtrader
Please explain.

Currently, I'd follow the UJ before the GU when trading the GJ.
Im not really trading G/J this week.

However I have a small g/j long.

My previous explanations were more to G/U trade.
  • #56,725
  • Dec 31, 2007 1:13am Dec 31, 2007 1:13am
would what I see on the one hour chart qualify as a DBLHC????? anyone see this? on gj.... hey mike w could this be that retrace to previously stated fibs or have fib targets changed????
  • #56,726
  • Dec 31, 2007 1:24am Dec 31, 2007 1:24am
Quoting uncleforex
We have a rising three methods (bullish) formation on g/u H4.

Also we have 3 little white soldiers formed on H4

I think we will go above 2.0 during London session easily.

Im targeting 2.0098 as 1st Target.

Just sharing what I see.

That just might happen.

GJ is at a double bottom on the 4hr and needing a correction /
retracement and with any strength in the GU during the London
session could add to the move fueled further by a retracement
in the UJ.

With illiquidity all three pairs may move up in tandem... lol
GU and UJ (with GJ riding on mommy or daddy's back).

Dr. D.
  • #56,727
  • Edited 4:19am Dec 31, 2007 1:34am | Edited 4:19am
Good Morning All. A breakout and close out of this channel should be good for longs till the 50 fib @ 225.8 which is the 4hr gann. Great to see all the seniors are back from vacation
Attached Image (click to enlarge)
Click to Enlarge Name: 4hr gj.gif Size: 10 KB
  • #56,728
  • Dec 31, 2007 1:42am Dec 31, 2007 1:42am
I'll end the 'driver' discussion here and bid all a happy new year!

As the 4hr charts are soon to close (8 GMT) you'll notice
similar action / movement in the UJ and GJ candle, with a
possible doji formation which may signal a retracement...
and because the UJ is the main driver (in weakness or strength)
the GU seems to tag along following the USD whereas the
GJ follows the UJ whether it be strong or weak... proving
the GBP is purely the passenger and not the driver.

The GJ is the confused and lost child following mommy.

Currently, follow the UJ if you want to know where the GJ is
going. It's in the charts.

Dr. D.
  • #56,729
  • Dec 31, 2007 4:50am Dec 31, 2007 4:50am
Closed my g/u long for a nice profit.

Also closed e/g short.

Going to go for new year's dinner so dont wanna leave trades open but still good chance for GBP to gain strength but will check out later.

HAPPY NEW YEAR Everyone!

2008 Here I come!
  • #56,730
  • Dec 31, 2007 6:55am Dec 31, 2007 6:55am
Quoting dagoods
agrre on ej on trend break see chart.... gj may follow..... lets see
dagoods, If you don't mind. What indicator are you using on this e/j chart? (post 56711) and would I be able to get it somewhere?

Thanks!
  • #56,731
  • Dec 31, 2007 6:59am Dec 31, 2007 6:59am
If you had practiced a little of Karmo's patience pills and some since of market analysis, you should be up about 90 or so pips. If you haven't you still got time to ride this thing up for few more pips before the close...... like I said in earlier post, price always goes back to the daily pivot, and eventually the tunnel (green lines) on the 1 hour chart!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpjpy.gif Size: 24 KB
Click to Enlarge Name: gbpjpy1.gif Size: 24 KB
  • #56,732
  • Dec 31, 2007 7:08am Dec 31, 2007 7:08am
GM Quecee5. Your thoughts for today
  • #56,733
  • Dec 31, 2007 7:27am Dec 31, 2007 7:27am
Good morning board.....E/J is consolidating and struggling with support. Of course this is a low volume day so not so sure we'll see any big moves.
Attached Image
  • #56,734
  • Dec 31, 2007 7:37am Dec 31, 2007 7:37am
Very happy new year to all...
Attached Image
  • #56,735
  • Dec 31, 2007 7:47am Dec 31, 2007 7:47am
Quoting DollaBill
If you had practiced a little of Karmo's patience pills and some since of market analysis, you should be up about 90 or so pips. If you haven't you still got time to ride this thing up for few more pips before the close...... like I said in earlier post, price always goes back to the daily pivot, and eventually the tunnel (green lines) on the 1 hour chart!

is that the vegas tunnel system like Mike w uses? the green line u mention is the daily pivot..... is that an ema that lines up with daily pivot somehow???? if so what setting is your green???? thanks in advance.....
  • #56,736
  • Dec 31, 2007 7:51am Dec 31, 2007 7:51am
Quoting fxstman
dagoods, If you don't mind. What indicator are you using on this e/j chart? (post 56711) and would I be able to get it somewhere?

Thanks!

which one are you referring? i have a james 16 indicator.... and a demark trendline indicator and a demark td sequential indicator..... PM me if u want me to send you something
  • #56,737
  • Dec 31, 2007 7:51am Dec 31, 2007 7:51am
Quoting DollaBill
If you had practiced a little of Karmo's patience pills and some since of market analysis, you should be up about 90 or so pips. If you haven't you still got time to ride this thing up for few more pips before the close...... like I said in earlier post, price always goes back to the daily pivot, and eventually the tunnel (green lines) on the 1 hour chart!
What are the values of your green line indicators if I may ask?
Are they moving averages? Looks to be something just under 100 sma.

The GJ keeps bouncing down off of the 35 ema (224.84-89).

Thanks for sharing this chart.

Dr. D.
  • #56,738
  • Dec 31, 2007 8:08am Dec 31, 2007 8:08am
Quoting DollaBill
If you had practiced a little of Karmo's patience pills and some since of market analysis, you should be up about 90 or so pips. If you haven't you still got time to ride this thing up for few more pips before the close...... like I said in earlier post, price always goes back to the daily pivot, and eventually the tunnel (green lines) on the 1 hour chart!
Good thought process. . .
Typically price wants to come back to the middle of high/low before deciding a direction, therefore I believe the fall started from 228.30 with a low of 223.13 using simple average calculations would yield 225.75.

If you look at the 4 hr chart and 5 sma/mom's, mom's it pointing up, price is supported by 5 sma (225.25) and is pointing toward 21 sma. If you flip to the daily chart looks like 5 sma (225.75/80) will act as resistance but a break/close above daily pivot (225.31) would target daily r1 @ 226.50. Also, daily mom's pointing up but looks rather weak so not sure if GJ will have the strength to push above daily 5 sma, or up to daily r1. . .

My two cents and simple method. . .
  • #56,739
  • Dec 31, 2007 8:11am Dec 31, 2007 8:11am
Quoting dagoods
which one are you referring? i have a james 16 indicator.... and a demark trendline indicator and a demark td sequential indicator..... PM me if u want me to send you something
Hey dagoods,

could you kindly post the indicators here? I have

cTD Sequential v2.mq4
PinI4Bbar AHA 0.2.mq4
Ind_TD_DeMark_3_1_LA_Mod_03B_AIME.mq4

It is my understanding that the sequential is still not fully functional like the original indicators for TradeStation by DeMark. Maybe you have a later version?

Thanks!
  • #56,740
  • Dec 31, 2007 8:22am Dec 31, 2007 8:22am
Quoting Kane Rai
Hey dagoods,

could you kindly post the indicators here? I have

cTD Sequential v2.mq4
PinI4Bbar AHA 0.2.mq4
Ind_TD_DeMark_3_1_LA_Mod_03B_AIME.mq4

It is my understanding that the sequential is still not fully functional like the original indicators for TradeStation by DeMark. Maybe you have a later version?

Thanks!
i have same as you except the james 16 chart patttern one that i use just as added price action confirmation .... yeah its a bummer that there isnt a perfect td seq indicator yet.... hoping someone perfects one....but mine works pretty well.... how do i post indicators?
47 traders viewing now