Auslanco - GBP/JPY and GBP/USD (newstrade)

My QQE60 just turned up. Long triggered from 211.15. Lets go to 212 baby.

needs to bounce about now.

long looks nice so far... just one more trendline to break...and she looks like she wants to do it... she seems to be powering up....lets see...

I don't like to predict, but i'm wary of 212 area, looks like she's pulling her skirts up for a fall

i am just waiting right now personally.... lets see.... could get rejected easily i agree..... i will wait and trade only when i feel sure .... good luck e1

Would someone be kind enough to summarize the Auslanco strategy in ..perhaps two paragraphs, and attach all necessary eas or indicators

OR

point me to a post here that does that job? The thread is so massive, dont know how to go through it.

Also, saw Auslanco private room at tradingrooms.com. Is it a paid service or can I be allowed in freely?

thx

Added another 10 lots to short off 76.4% fib at 211.48 zone.

Nice little pop on the news out of Japan on GBPJPY with bearish divergence and overbought RSI on multiple time frames up to 60 min.

http://www.pnwenterprises.com/auslanco/

Just had an IB on the hr., to go with the IB on the 4 hr (that is now 2 hrs old)
Anyone getting a feeling on a direction?
I am not long or short, just watching a this point...

Tough call so far. Am also keeping eye on U/J and E/J as both appear at key levels right now.
Otherwise as is mentioned here alot - patience is king.

i will attach other chart here... my personal preview...at time frame H4.
i look GJ..have a strong support to bull because my indicator QQE(still above 50)...My stochhistrogram Still bull channel...RSI above range 50 point... just my personal outlook guys..trust your indicator

On the RSI14 on the 60 min crossed above 60 and then back down through it. This is bearish as RSI can range between 40 and 60 on the larger time frames without ever getting into the overbought and over sold zones.

I like to use values of RSI14 of 60 and 40 as trade pivots also.

We have a new 1-2-3 sell trigger with the lower high formed this evening.

As can be seen from the chart targets for the new 1-2-3 sell are:

210.82
210.62
210.41 (coincides with 50 sma on the 60 min also)
210.16 ( close to 210.2 support)
If the euro markets drops at open these price levels could be broken quickly as they are only 20 pips apart each.
once below the above 76.3 level liekly next target would be 209.26 (127 %) and close to Wednesdays support.
If this is broken typically 261.8% will be hit at 207 zone.

On the longer term 1-2-3 (213.86 , 208.76 , 211.94) we have fe's at
210.74
209.99
209.4
208.78 (61.8 major one)
208.05
205.8 (123.6%)

breaking 211.50 could give a kick in the A#$ up.

210.8 support right now .... 23.6 fib of long term 1-2-3 as per last post.

dj-30 futures dropping slightly

news out of UK .. John Lewis sales down 3.5% this week conpared to same week 1 year ago. Next year they will be 40 % down.

We should see at least 209.5 tonight if FTSE100 plays out as i expect it to off that doji on the daily that formed yesterday.

A close above 211.40 and we should see 213 and then 217.

http://img120.imageshack.us/img120/8751/gjdr5.gif

howz it goin?

gj at crucial level it seems here eh line chart shows it simply it seems to me


what do u think?

ditting on pivot still..... lets see which way we go nexct anyone out there with analysis????

why is everyone quite?
Am long with 211.4 as first target...
anyone long too?

Long along wit you

CALL sell 211.30..DUE to weak GBP and GOLD is weak so it can range down

Support confirmed with 2 tests. So far, small-term talking, chart looks bullish.
Hopefully it will test resistance-line again today if we establish over currently pivot, IMO.