Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 3157 | 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)

  • #63,121
  • Feb 22, 2008 7:03am Feb 22, 2008 7:03am
Hey Guys,

Its obvious that you guys are longer term in your outlook - but I thought I'd throw in the fact that the 1-2-3 works really great as a short term continuation pattern on the 5m chart.
  • #63,122
  • Feb 22, 2008 7:03am Feb 22, 2008 7:03am
yes, you're absolutely right. my thoughts exactly... but i probably didn;t explain it the way i should, i'm a little bit tired and focusing on the market is enough for me at this moment.
thanks for the comments!

Quoting jarroo
I see.
1-2-3 setup work better when they are at the end of trend or at swing high/lows.
Nihil Sine Deo.
  • #63,123
  • Feb 22, 2008 7:19am Feb 22, 2008 7:19am
candlestick patterns on u/j showing possible temporary bottom
Fear's for the other guy
  • #63,124
  • Feb 22, 2008 7:49am Feb 22, 2008 7:49am
I took this short a 210.80. A retest of the Inside Bar, trendline break. Let's see what happens.
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #63,125
  • Feb 22, 2008 7:55am Feb 22, 2008 7:55am
Quoting jarroo
I took this short a 210.80. A retest of the Inside Bar, trendline break. Let's see what happens.
If PA allows it , I'll join you on a short from london pivot @ 211.
Attached Image (click to enlarge)
Click to Enlarge Name: jpy.gif Size: 31 KB
Measure twice, cut once
  • #63,126
  • Feb 22, 2008 7:58am Feb 22, 2008 7:58am
hello everybody, i am new to forex and it all looks like brain surgery to me.
But after going thru your thread i am beginning to get a cleare pic of it.
Thanks for sharing your trading system, please tell me how to get started and what strategies to adopt here. pls assume i am a complete blockhead.
Cheers and thanks all
Kingsley
  • #63,127
  • Feb 22, 2008 7:59am Feb 22, 2008 7:59am
I'm wearing my Bermudas!　
  • #63,128
  • Edited 10:44am Feb 22, 2008 8:01am | Edited 10:44am
Quoting aediaz1
If PA allows it , I'll join you on a short from london pivot @ 211.
I feel it's worth a shot. However, I should have taken the trade from the begining. For a half 50 pips/ half break even trade. My stop/loss just beyond the top of the Inside Bar at 211.44
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #63,129
  • Feb 22, 2008 8:05am Feb 22, 2008 8:05am
Quoting obaanim
hello everybody, i am new to forex and it all looks like brain surgery to me.
But after going thru your thread i am beginning to get a cleare pic of it.
Thanks for sharing your trading system, please tell me how to get started and what strategies to adopt here. pls assume i am a complete blockhead.
Cheers and thanks all
Kingsley
I would start and finish at the James16 Chart Thread:
http://www.forexfactory.com/showthread.php?t=2331

Its a must for all traders in my book.

Jim
Indicators show the past. Price Action "Indicates" the future.
  • #63,130
  • Feb 22, 2008 8:10am Feb 22, 2008 8:10am
Quoting jarroo
I feel it's worth a shot. However, I should have taken the trade from the begining. For a half 50 pips/ half back even trade. My stop/loss just beyond the top of the Inside Bar at 211.44
Playing S/L quite defensive, have it right above support-line. But I must admit your S/L seems more logical according to recently price. Thx for pointing that out.
Attached Image (click to enlarge)
Click to Enlarge Name: jpy.gif Size: 22 KB
Measure twice, cut once
  • #63,131
  • Feb 22, 2008 8:18am Feb 22, 2008 8:18am
Quoting aediaz1
Playing S/L quite defensive, have it right above support-line. But I must admit your S/L seems more logical according to recently price. Thx for pointing that out.
Hopefully our stop loses won't come into play.

There is nothing wrong with a tight stop loss when placed in a good, logical position (above support-line).
Indicators show the past. Price Action "Indicates" the future.
  • #63,132
  • Feb 22, 2008 8:42am Feb 22, 2008 8:42am
Shorts be careful. . .

4hr and hourly showing more upside soon. . .
Price still trading above daily 5SMA and daily hi/lo gann. . .

Good luck trading on this Friday - cheers!
  • #63,133
  • Feb 22, 2008 8:56am Feb 22, 2008 8:56am
Quoting quecee5
Shorts be careful. . .

4hr and hourly showing more upside soon. . .
Price still trading above daily 5SMA and daily hi/lo gann. . .

Good luck trading on this Friday - cheers!
Thanks, q.

I think I tried to force this trade because I missed it from the beginning. I have tight s/l. We'll see what happens.
Indicators show the past. Price Action "Indicates" the future.
  • #63,134
  • Feb 22, 2008 8:56am Feb 22, 2008 8:56am
if my theory is right,the price will retrace to 210.54
  • #63,135
  • Feb 22, 2008 9:03am Feb 22, 2008 9:03am
Quoting afresh
if my theory is right,the price will retrace to 210.54
Just keep in mind that intraday 4hr pivot is @ 210.74, daily pivot is @ 210.80, weekly pivot @ 210.68. . .
  • #63,136
  • Feb 22, 2008 9:08am Feb 22, 2008 9:08am
Nice double top play 211 with bear div rsi14.

Short 210.9
Blogging daily now at www.volume.zone
  • #63,137
  • Feb 22, 2008 9:16am Feb 22, 2008 9:16am
dj right on low of day yesterday. Break here gbpjpy 210.2 in a hurry.
Blogging daily now at www.volume.zone
  • #63,138
  • Feb 22, 2008 9:17am Feb 22, 2008 9:17am
Quoting quecee5
Shorts be careful. . .

4hr and hourly showing more upside soon. . .
Price still trading above daily 5SMA and daily hi/lo gann. . .

Good luck trading on this Friday - cheers!
Thx for the heads-up quecee. I'm looking for a exit around 210.20, what's your target jarroo ?
Measure twice, cut once
  • #63,139
  • Feb 22, 2008 9:21am Feb 22, 2008 9:21am
Quoting aediaz1
Thx for the heads-up quecee. I'm looking for a exit around 210.20, what's your target jarroo ?
I like yours 210.20.
Indicators show the past. Price Action "Indicates" the future.
  • #63,140
  • Feb 22, 2008 9:21am Feb 22, 2008 9:21am
Quoting aediaz1
Thx for the heads-up quecee. I'm looking for a exit around 210.20, what's your target jarroo ?
dj-30 has bull div rsi right now but seems to be breaking to downside.

210.2 at least
Blogging daily now at www.volume.zone
29 traders viewing now