Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 3343 | 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)

  • #66,841
  • Mar 7, 2008 1:30pm Mar 7, 2008 1:30pm
Quoting malcolmb14
lol ... I had to say this .. you will not be relaxing when you find your small short has been killed .....lol

This has to pull back at some time or other though

Ahhhhhhhhhhhhhhhh back to close my little short 30 pips......and my putting is looking pretty good I need to work on my long irons though happy golfin.......
GREED IS THE ULTIMATE INDICATOR
  • #66,842
  • Mar 7, 2008 1:42pm Mar 7, 2008 1:42pm
Quoting hcruces
wat do u think mike>? u think it will hold at 206.40? im stuck in a long at 206.80 and im trying to get out of it! atleast break even! im really hoping we can rally for the close...u think the dow will help the cause?
i know this question's for mike, but i hope u don't mind me commenting...

i'm not pretty sure if longs at 206.8 are such a good idea. the price bounced off 200SMA (Blue) on my hourly chart, and as we speek, 50EMA (purple) on the same chart is about to get breached downwards, if not then it will bounce back upwards (but not alot, i think), if it does bounce, that's where u might want to get out of your position. i truely think we are going downwards from now on...


Attached Image (click to enlarge)
Click to Enlarge Name: h1.gif Size: 24 KB
  • #66,843
  • Mar 7, 2008 1:43pm Mar 7, 2008 1:43pm
Quoting hcruces
wat do u think mike>? u think it will hold at 206.40? im stuck in a long at 206.80 and im trying to get out of it! atleast break even! im really hoping we can rally for the close...u think the dow will help the cause?
It depends on your risk management. I don't know if your a long term trader or not, so I can't answer that question without more info.
I dream, therefore I become.
  • #66,844
  • Mar 7, 2008 1:48pm Mar 7, 2008 1:48pm
Quoting lilmoe
i know this question's for mike, but i hope u don't mind me commenting...

i'm not pretty sure if longs at 206.8 are such a good idea. the price bounced off 200SMA (Blue) on my hourly chart, and as we speek, 50EMA (purple) on the same chart is about to get breached downwards, if not then it will bounce back upwards (but not alot, i think), if it does bounce, that's where u might want to get out of your position. i truely think we are going downwards from now on...


Attachment
I don't mind at all my man! I'm loving your analysis. In the short term, we probably are headed back downwards, but I think by the end of next week we will have a new high being shown before another step down. My weekly chart didn't show that huge gap as yours did, and so it is closing as a pin bar. That, to me, is huge price action as it closed like that off of a monstrous support area. With that, I am looking to see quite a bit higher throught the week. Overall, I do agree though, that if your trading short term (hourlies, 4 hour, lower than that and shame on you) then you should probably get out of the position. I can't tell you how to trade though as I know nothing about your risk aversion setup and how you normally trade.

Great analysis btw, lilmoe!
I dream, therefore I become.
  • #66,845
  • Mar 7, 2008 1:49pm Mar 7, 2008 1:49pm
We could possibly see a bounce up to the 70's area, but I wouldn't know that until the hour's close here.
I dream, therefore I become.
  • #66,846
  • Mar 7, 2008 1:53pm Mar 7, 2008 1:53pm
IMO once the stinking DOW is out of the way we might head back to the originial short term trend which is up. You never know dudes DOW might rally in the last 15minutes and take the GJ with it.:surprised
  • #66,847
  • Mar 7, 2008 1:56pm Mar 7, 2008 1:56pm
Quoting mike w
We could possibly see a bounce up to the 70's area, but I wouldn't know that until the hour's close here.
i'm 2000 pages behind on this thread, but would you mind telling me if u guys are still trading Aus's system, or that's just your analysis of the market? i mean, i've been trying to go back since your discussion and (Trade) started, but cant to seem to figure out which system are u trading..?? are aus and karmo still around?
  • #66,848
  • Mar 7, 2008 1:58pm Mar 7, 2008 1:58pm
Quoting lilmoe
i'm 2000 pages behind on this thread, but would you mind telling me if u guys are still trading Aus's system, or that's just your analysis of the market? i mean, i've been trying to go back since your discussion and (Trade) started, but cant to seem to figure out which system are u trading..?? are aus and karmo still around?
I'm just trading my own based on dynamic fibs and price action, and Auslanco and Karmo are still around. The thread more or less just turned into analysis of G/J despite the system I guess. Aus comes in every once in a while, but Karmo's here quite a bit, and I'm glad for that!
I dream, therefore I become.
  • #66,849
  • Mar 7, 2008 2:04pm Mar 7, 2008 2:04pm
Quoting hcruces
wat do u think mike>? u think it will hold at 206.40? im stuck in a long at 206.80 and im trying to get out of it! atleast break even! im really hoping we can rally for the close...u think the dow will help the cause?
There's your exit if that was your plan Hcruces.
I dream, therefore I become.
  • #66,850
  • Mar 7, 2008 2:18pm Mar 7, 2008 2:18pm
Quoting mike w
There's your exit if that was your plan Hcruces.

lol, isn't he lucky...

50EMA on H4 chart, tough cookie
  • #66,851
  • Mar 7, 2008 2:18pm Mar 7, 2008 2:18pm
Quoting mike w
There's your exit if that was your plan Hcruces.

hey mike hows you man
all day not see
heheh
2day too i foked up with my trade i dunno what happening but am not so lucky those days
hope will catch up more next week
  • #66,852
  • Mar 7, 2008 2:24pm Mar 7, 2008 2:24pm
Quoting warta
hey mike hows you man
all day not see
heheh
2day too i messed up with my trade i dunno what happening but am not so lucky those days
hope will catch up more next week
I'm great man, ready for a gooood weekend, I know that lol

Your just coming into this career man. Your going to have these things happen time and again before really really getting acquainted with the markets and understanding movements. Just keep it up and you'll get to it. It's all a matter of experience and perseverence. Next week should be another good one, so let's get ready to make some money together!
I dream, therefore I become.
  • #66,853
  • Mar 7, 2008 2:26pm Mar 7, 2008 2:26pm
Quoting mike w
I'm great man, ready for a gooood weekend, I know that lol

Your just coming into this career man. Your going to have these things happen time and again before really really getting acquainted with the markets and understanding movements. Just keep it up and you'll get to it. It's all a matter of experience and perseverence. Next week should be another good one, so let's get ready to make some money together!
lol tkx my friend keeping me up really ,
next week i wana trade with u lol so keep me in ur mind man hehe
btw maybe am going to london end of next week
as i have my own app. in acton
  • #66,854
  • Mar 7, 2008 2:28pm Mar 7, 2008 2:28pm
This has been a really good week. Next week is shaping up to be even better.

Have a great weekend all!!!

I'm going to the beach tomorrow 4 sure.

Bless
Patience + Discipline - Greed = Success
  • #66,855
  • Mar 7, 2008 2:30pm Mar 7, 2008 2:30pm
Quoting warta
lol tkx my friend keeping me up really ,
next week i wana trade with u lol so keep me in ur mind man hehe
btw maybe am going to london end of next week
as i have my own app. in acton
Ok, will do man! I'll be here so you know where to find me! I'm gonna be on vacation from tuesday till friday so I may not be posting as much, but I will probably still pop in a couple times a day (spring break with my dudes). Good for you too man!
I dream, therefore I become.
  • #66,856
  • Mar 7, 2008 2:31pm Mar 7, 2008 2:31pm
Quoting Infinity
This has been a really good week. Next week is shaping up to be even better.

Have a great weekend all!!!

I'm going to the beach tomorrow 4 sure.

Bless

u too infinity have a nice week and gr8 shower after the beach hehehe
see ya next week 4 sure
  • #66,857
  • Mar 7, 2008 2:31pm Mar 7, 2008 2:31pm
Quoting Infinity
This has been a really good week. Next week is shaping up to be even better.

Have a great weekend all!!!

I'm going to the beach tomorrow 4 sure.

Bless
No doubt! Have a great weekend Infinity! It's been good talking to you this week and hearing your thoughts!
I dream, therefore I become.
  • #66,858
  • Mar 7, 2008 2:32pm Mar 7, 2008 2:32pm
Quoting mike w
Ok, will do man! I'll be here so you know where to find me! I'm gonna be on vacation from tuesday till friday so I may not be posting as much, but I will probably still pop in a couple times a day (spring break with my dudes). Good for you too man!

k man no problem wish u a gr8 week end and a wonderfull vac heheh enjoy it as much as u can and forget pips hahaha
  • #66,859
  • Edited 3:52pm Mar 7, 2008 2:32pm | Edited 3:52pm
anchorfx1mtf - not tested

http://www.tradingrooms.com/chartpos...2008204723.png
Attached File(s)
File Type: zip anchorfx1mtf.zip   2 KB | 331 downloads
  • #66,860
  • Mar 7, 2008 2:34pm Mar 7, 2008 2:34pm
It looks like it is heading back to 206.50 area and then up again to 209 area sometime next week. Well, it's my incompetent analysis
57 traders viewing now