Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 2993 | 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)

  • #59,841
  • Jan 22, 2008 7:24am Jan 22, 2008 7:24am
Whoa! 200 pips in 1 MINUTE with no direct news to blame. Gonna be volatile today.

M2B
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy 1m.gif Size: 24 KB
  • #59,842
  • Jan 22, 2008 7:25am Jan 22, 2008 7:25am
Quoting metlife777
IMHO completely agree; the down trend is still valid for it did't reach any substantial fib and D1, H4 and H1 are still intact; GJ and GU should come back within hours or few days



Better check ur fibs bud. And ur 1h 4h. Still intact ? please show us some charts , mine is def not showing a "intact" downtrend.

Notice how cable broke intraday downtrend lines and turned them into support.
Measure twice, cut once
  • #59,843
  • Jan 22, 2008 7:27am Jan 22, 2008 7:27am
Fed cut rate by .75
  • #59,844
  • Jan 22, 2008 7:28am Jan 22, 2008 7:28am
A direct hit on the 61.8 Fib.

M2B
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy 4h.gif Size: 36 KB
  • #59,845
  • Jan 22, 2008 7:29am Jan 22, 2008 7:29am
GJ with second jump crossed the Wfib 38, let's see the confirmation of uptrend if that cross was true
  • #59,846
  • Jan 22, 2008 7:30am Jan 22, 2008 7:30am
luckily my short was at +1 damn feds
Fear's for the other guy
  • #59,847
  • Jan 22, 2008 7:34am Jan 22, 2008 7:34am
Looks like just what was needed futures are coming around, sustainable that is the ?
"Millionaires don't use astrology, billionaires do"
  • #59,848
  • Jan 22, 2008 7:35am Jan 22, 2008 7:35am
Quoting my2buoys
Whoa! 200 pips in 1 MINUTE with no direct news to blame. Gonna be volatile today.

M2B
damn crazy! another loss set here..
  • #59,849
  • Jan 22, 2008 7:36am Jan 22, 2008 7:36am
US rent cut by .75% ! First time since 9/11 feds do it this way ?
Measure twice, cut once
  • #59,850
  • Jan 22, 2008 7:47am Jan 22, 2008 7:47am
rate cut too little too late?
  • #59,851
  • Jan 22, 2008 7:54am Jan 22, 2008 7:54am
Quoting aediaz1
US rent cut by .75% ! First time since 9/11 feds do it this way ?
They do this without any announcement? I don't see any news announcement for this. I lost 110 points because of this ... a short trade which was already in profit ... I'm so angry.
Discipline + Patience - Fear - Greed = Success
  • #59,852
  • Jan 22, 2008 7:57am Jan 22, 2008 7:57am
Quoting my2buoys
A direct hit on the 61.8 Fib.

M2B
i was expecting some kind of bomb picture with that "direct hit" statement M2B. you're off your game. whats the deal!
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #59,853
  • Jan 22, 2008 8:05am Jan 22, 2008 8:05am
I think the monthly fib 50 is still in play once the dust settle around 199.50 mark.
Attached Image (click to enlarge)
Click to Enlarge Name: geppy monthly target.gif Size: 22 KB
  • #59,854
  • Jan 22, 2008 8:08am Jan 22, 2008 8:08am
Quoting arezab
They do this without any announcement? I don't see any news announcement for this. I lost 110 points because of this ... a short trade which was already in profit ... I'm so angry.
Unfortunately, the announcements are on Live sites i.e. Bloomberg etc... So If you're not streaming news, it will be hard to know this.

Plus, even with the announcement, i don't anyone will be quick enough to respond to the recent spikes..

Sorry for your lost. Things like this what makes it difficult to trade technically.
  • #59,855
  • Jan 22, 2008 8:08am Jan 22, 2008 8:08am
Quoting moneymagnet
i was expecting some kind of bomb picture with that "direct hit" statement M2B. you're off your game. whats the deal!
One of my New Year's resolutions is to mellow a bit. Then again, you know how New Year's resolutions usually end up.

M2B
  • #59,856
  • Jan 22, 2008 8:09am Jan 22, 2008 8:09am
Quoting Trumpcard
I think the monthly fib 50 is still in play once the dust settle around 199.50 mark.

Now the 7 year trendline appears to be broken, do you think we now on an overall bearish trend right? or is there room for recovery?
  • #59,857
  • Jan 22, 2008 8:11am Jan 22, 2008 8:11am
[quote=arezab;1814596]They do this without any announcement? I don't see any news announcement for this. I lost 110 points because of this ... a short trade which was already in profit ... I'm so angry.[/quote


Well , that could be a great lesson to never turn a winning trade into a loser.

example : @ +25pip u move S/L to +1. Sure,you once in a while WILL miss a big move when the market is whipsawing down ur +1 , but in the long run your account +/- would look much better. IMO
Measure twice, cut once
  • #59,858
  • Jan 22, 2008 8:13am Jan 22, 2008 8:13am
Quoting guyver_FiXer
Now the 7 year trendline appears to be broken, do you think we now on an overall bearish trend right? or is there room for recovery?
no coz i would start my upward sloping trnedline from april 1995 which is still intact. coincidentally, this line runs up near the 50 fib projection i posted.
  • #59,859
  • Jan 22, 2008 8:15am Jan 22, 2008 8:15am
Quoting my2buoys
One of my New Year's resolutions is to mellow a bit. Then again, you know how New Year's resolutions usually end up.

M2B
See, that didn't last long.

M2B
Attached Image (click to enlarge)
Click to Enlarge Name: ship.jpg Size: 61 KB
  • #59,860
  • Jan 22, 2008 8:22am Jan 22, 2008 8:22am
took some extra strength karmo patience pills - still holding some longer term shorts between 219 and 224
177 traders viewing now