Hit my target.....
Follow the trend, not your friends...
Follow the trend, not your friends...
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Auslanco 15min GBP/JPY startegy 630 replies
Auslanco-GBP/JPY Strength Indicator strategy 344 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
DislikedIt looks like we may get that chanced move up to 212 today and then BAM! I'm looking to add shorts there and all the way up if we get any higher than that.
Orion, don't you even say 250's! lol I dont want that evil on me! hahaIgnored
DislikedIt looks like we may get that chanced move up to 212 today and then BAM! I'm looking to add shorts there and all the way up if we get any higher than that.
Orion, don't you even say 250's! lol I dont want that evil on me! hahaIgnored
DislikedHere is a u/j chart. I've had these fibs drawn for days now and it finally hit my 106.18 mark. I am expecting to see 107.60 before 105 and gbb/jpy to follow suit.
Also, the g/j chart I posted a while back I said I was looking to buy at about 208. My 208 was hit and I am long from there. I would not be suprised to see this trade get a few hundred pips in drawdown, but its a long term trade. you will always get cut trying to catch a falling knife.
Had I not taken the g/j trade I would have went long on u/j at 106.20 and TP at 107.60 witha stop just below 105.Ignored
DislikedIt looks like we may get that chanced move up to 212 today and then BAM! I'm looking to add shorts there and all the way up if we get any higher than that. If not, then oh well, we still have profit kept no matter what! Its a great day! I'll be back on later tonight with, hopefully, with decent analysis that we could discuss, but for the moment Im going to visit my sister in Maryland. Have a great day everybody and good luck in your trades!
Orion, don't you even say 250's! lol I dont want that evil on me! hahaIgnored
DislikedHere are two charts for this forum, going back to Aus 1hr/4hr strategy with a twist. . .
1hr chart very bullish if you were able to get in at the bottom. Should have been good for at least 200 pips. . .
4hr charts, looks like there is resistance @ the 4hr Gann hi/lo, a break above would target stop/reverse 1st (thick white line). A clean break above the stop/reverse would target my mouteki-Demark trend line targets (dotted red lines). . .
Failure to get above stop/reverse and a 1hr close above mouteki-demark trend line would be a good shorting opportunity. . . A close above should be good for at least 150-300 pips. . .
Good luck with your trading today. . .Ignored
Dislikedhey q u havent been posting as much i was getting worried! lol.... maybe you were brushing up on your demark! I LIKE IT! lol one quick not on mouteki/demark.... the targets are not very reliable... I use fibs as targets because they are much more reliable.... demark/mouteki targets after a tl break are good guides but often are targeting 161 or more fib and i only feel safe to 138 for example.... also, i only feel really comfi when its a tl that has 3 touches that breaks otherwise i monitor really carefully.... furthermore, lol, a breach can occur of a tl without a break so u have to have a penetration and a close above tl or a breach of the high previoulys of the tl in question if that makes sense,..just my 2 centsIgnored
DislikedYou need to take a look at the Skunny thread. His use of fibs has help me (and dagoods) tremendously. So far, the method has been failproof, along with a MACD and moving average, nothing but positive trades since... I trade the swings, put a fib on the high and low of swing and trade the break outs of the 0-100Ignored
DislikedYou need to take a look at the Skunny thread. His use of fibs has help me (and dagoods) tremendously. So far, the method has been failproof, along with a MACD and moving average, nothing but positive trades since... I trade the swings, put a fib on the high and low of swing and trade the break outs of the 0-100Ignored
Dislikedwhile we are on subject... i just thought i'd note that 1 hour moutekis are not reliable IMHO so i use fibs instead and pa to confirm..... see chart... if we break 210.93 then target 1 is in playIgnored
DislikedUsd/Yen
Here is a look today's price action chart.......
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http://i7.tinypic.com/816hc76.gifIgnored