Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 3084 | 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)

  • #61,661
  • Feb 14, 2008 2:35am Feb 14, 2008 2:35am
Quoting doughboi
it wont reach 213.80,..well, it's not likely, 213.40 is a good place to short.


nvm.....this thing is on some roger clemens steriods
I've short at 213.25 10 minutes ago. Who else are also short on this?
  • #61,662
  • Feb 14, 2008 2:40am Feb 14, 2008 2:40am
look at the 200 ema over history on the 4 hr chart. we last reached it 7 or 8 weeks ago and it has been rejected multiple times. just be wary longs thats all i am saying. just my opinion. a close above and i will be long probably as well but a close below then history says to short
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #61,663
  • Feb 14, 2008 2:49am Feb 14, 2008 2:49am
Quoting fxBatman
I've short at 213.25 10 minutes ago. Who else are also short on this?
I'm still long until I see Price Action and/or S/R levels that show me to short. So far it still looks long.

Jim
Indicators show the past. Price Action "Indicates" the future.
  • #61,664
  • Feb 14, 2008 2:55am Feb 14, 2008 2:55am
i see the 200 ema and the monthly pivot resistance guys thanks for pointing those out.... i am with jaroo though...staying long until PA says otherwide at least until 214 prior high should get tested at this point and it lines up with one of my skunny fib targets as well... then we will see... but will monitor closely

good analysis all! thanks
  • #61,665
  • Feb 14, 2008 2:58am Feb 14, 2008 2:58am
Quoting jarroo
I'm still long until I see Price Action and/or S/R levels that show me to short. So far it still looks long.

Jim

pretty heavy resistance here bra............
  • #61,666
  • Feb 14, 2008 2:59am Feb 14, 2008 2:59am
Quoting dagoods
i see the 200 ema and the monthly pivot resistance guys thanks for pointing those out.... i am with jaroo though...staying long until PA says otherwide at least until 214 prior high should get tested at this point and it lines up with one of my skunny fib targets as well... then we will see... but will monitor closely

good analysis all! thanks
Yes, Major S/R level at 213.60-70 level. A nice hard break of this level and we are still heading up. Now, price doesn't travel in a straight line , so there will be retraces.
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #61,667
  • Feb 14, 2008 3:01am Feb 14, 2008 3:01am
Quoting doughboi
pretty heavy resistance here bra............
I would say some resistence here (213.40), not heavy.
Indicators show the past. Price Action "Indicates" the future.
  • #61,668
  • Feb 14, 2008 3:05am Feb 14, 2008 3:05am
Quoting jarroo
Yes, Major S/R level at 213.60-70 level. A nice hard break of this level and we are still heading up. Now, price doesn't travel in a straight line , so there will be retraces.
very true, all I'm saying is that it's too early to judge , I said it last night also , simply because there is no PA confirming an exhaustion in the move up or a reversal , remember when people said the PB @ 210.90 was "it" ? and again @ 211.80 and 212.20 etc. etc. , best thing is to stay with the wave and when it 'significantly" goes back, ride it back as well , just my thoughts, best of luck to all
Attached Image (click to enlarge)
Click to Enlarge Name: gjjj.gif Size: 20 KB
  • #61,669
  • Feb 14, 2008 3:09am Feb 14, 2008 3:09am
Quoting zoheir
very true, all I'm saying is that it's too early to judge , I said it last night also , simply because there is no PA confirming an exhaustion in the move up or a reversal , remember when people said the PB @ 210.90 was "it" ? and again @ 211.80 and 212.20 etc. etc. , best thing is to stay with the wave and when it 'significantly" goes back, ride it back as well , just my thoughts, best of luck to all
I agree, but what Pin Bar at the 210.90? Must have been on a smaller time frame.

Nice Plan.

Jim
Indicators show the past. Price Action "Indicates" the future.
  • #61,670
  • Feb 14, 2008 3:13am Feb 14, 2008 3:13am
Quoting jarroo
I agree, but what Pin Bar at the 210.90? Must have been on a smaller time frame.

Nice Plan.

Jim
thanks Jim.

well, the spinning head that reached 210.90 appeared to be a PB on some feeds (i guess it was Alpari or NF) and people started to short at it's low (210.35 - 30 i thnik)
  • #61,671
  • Feb 14, 2008 3:14am Feb 14, 2008 3:14am
USDJPY is testing a S/R level as well. Fun to see which one will win or lose the battle
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #61,672
  • Feb 14, 2008 3:18am Feb 14, 2008 3:18am
Quoting zoheir
thanks Jim.

well, the spinning head that reached 210.90 appeared to be a PB on some feeds (i guess it was Alpari or NF) and people started to short at it's low (210.35 - 30 i thnik)
This on the hourly chart?
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #61,673
  • Feb 14, 2008 3:18am Feb 14, 2008 3:18am
Quoting jarroo
USDJPY is testing a S/R level as well. Fun to see which one will win or lose the battle

what time frame are u drawing your s/r levels from?
just curious.... do u draw them from previous swing only? s turned r and vice versa? or do u use all past swings???? is there reading material on this?
  • #61,674
  • Feb 14, 2008 3:20am Feb 14, 2008 3:20am
Remenber guys, Japanese industrials like the yen to be at a low level for their export trade balance, which is the fuel of their economy....

They are comfortable with >240 area.....and we have no fundamental economic reason in GB not to reach this kind of level.....unless very bad news

Just my 2 cents......
Non licet omnibus adire Corinthum
  • #61,675
  • Feb 14, 2008 3:23am Feb 14, 2008 3:23am
Quoting jarroo
This on the hourly chart?
nope this one on H4
Attached Image
  • #61,676
  • Feb 14, 2008 3:23am Feb 14, 2008 3:23am
Looking at a 4hr bat also on the 1hr possible reversal area
Attached Image (click to enlarge)
Click to Enlarge Name: Picture 3.jpg Size: 177 KB
  • #61,677
  • Feb 14, 2008 3:24am Feb 14, 2008 3:24am
Quoting javajames
Remenber guys, Japanese industrials like the yen to be at a low level for their export trade balance, which is the fuel of their economy....

They are comfortable with >240 area.....and we have no fundamental economic reason in GB not to reach this kind of level.....unless very bad news

Just my 2 cents......

do u really mean 240?????
  • #61,678
  • Feb 14, 2008 3:25am Feb 14, 2008 3:25am
USDJPY broke. Now if GBPUSD can cooperate we are still moving up.
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #61,679
  • Feb 14, 2008 3:26am Feb 14, 2008 3:26am
Quoting jarroo
USDJPY broke. Now if GBPUSD can cooperate we are still moving up.

i'd call that penetration... a break would be when candle closes above IMO
  • #61,680
  • Feb 14, 2008 3:27am Feb 14, 2008 3:27am
Quoting dagoods
do u really mean 240?????
Yes absolutely they really like this area
Non licet omnibus adire Corinthum
27 traders viewing now