Menu

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

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)

Quoting arezab
It couldn't break up the upper trend line so far. Besides, H1 50 EMA (204.70) is a tough barrier acting as resistance. IMO we should wait for 50 EMA to be broken first, then decide about going long. Though we have "consumer sentiment" too half an hour later. Let's see what it brings us ...

In a very conservative mode, I normally wait until 50 EMA is broken, then wait again for a retrace down and if the previous low is not broken then I'll open a long position, and in fact a heavy one ...
hello everyone how are your position looking like...i just love seeing this 1000pips pop in everytime just hope to lock it in pretty soon..as for those planing long i would say you hold on a little to that trigger until after the news and hrly close...ciao
Imanuel Parsifal
hey this ain't fair, i was considering a long position in another hour or so, darn crazy news traders.


on a serious note, 203.13 is a major support, unlikely to be broken, but iff .............. then ...................
Quoting Scrat
that's not a divergence. i don't see MACD diverging from price: second low of MACD (which is higher low on your chart) should have had a lower corresponding price (that is, lower than 213.15).
but i may be wrong or tired... what kind of divergence did you think you just found? regular, hidden... bullish, bearish?

Classic bullish divergence: LL PRICE and HL indicator. This warns of a possible short-to intermediate term change in trend from down to up.

With classic bullish divergence, price should have closed , say, 203.5. There is however, in practice, different degrees of divergence.

The fact that price closed within 6 pips of the previous low, (203.11) , which is effectively the same level as the previous low coupled with the sharp incline of the trend line of the MACD is enough to indicate a warning.

Its like a DBHLC, where the high of the candlestick is different by a few pips or like the ZUP (gartley pattern indicator) massaging the ratios slightly , as perfect gartley ratios do not frequently occur.
Great Morning so far I hope no body got caught up in this!!

-Pipimint

When Chuck Norris calls 1-900 numbers, he doesnt get charged. He holds up the phone and money falls out.
Attached Image (click to enlarge)
Click to Enlarge Name: 5.345.gif Size: 56 KB
Enjoy it while it lasts, then pay for it. Be Grateful.
add longs????

crazy

sit aside and watch

fer
I hate trading on Fridays...... finally get to leave the week with some profit. Y'll can have this for the day!.........................
Quoting forexlion
hey this ain't fair, i was considering a long position in another hour or so, darn crazy news traders.


on a serious note, 203.13 is a major support, unlikely to be broken, but iff .............. then ...................
You had a whole day, what were you waiting for ?
today is a crazy day again( lol got one short at 204.01 SL -60pp before news we went tech down > i got stop loss and we went down again..
fu** week.. i got non-small loss on this week(
Quoting GodfreyH
Classic bullish divergence: LL PRICE and HL indicator. This warns of a possible short-to intermediate term change in trend from down to up.

With classic bullish divergence, price should have closed , say, 203.5. There is however, in practice, different degrees of divergence.

The fact that price closed within 6 pips of the previous low, (203.11) , which is effectively the same level as the previous low coupled with the sharp incline of the trend line of the MACD is enough to indicate a warning.

Its like a DBHLC, where the high of the candlestick is different by a few pips or like the ZUP (gartley pattern indicator) massaging the ratios slightly , as perfect gartley ratios do not frequently occur.
i think the news,hrlyy and 4hrly close should solve all this
Imanuel Parsifal
I am protecting my gains by not playing today
Quoting Jerry
today is a crazy day again( lol got one short at 204.01 SL -60pp before news we went tech down > i got stop loss and we went down again..
fu** week.. i got non-small loss on this week(
i think the only winner for today whos sitting away fro this crazy market .. what u can miss today u can catch it later
Quoting ovaforty
I am protecting my gains by not playing today

i have the same view bro , to win pip is gr8 and to never lose pips is like u win
looks like my gold analysis is paying off,200pips lockd in...if gj hrly closes below 61.8% fibs am looking at 202.99-203.00area at least
Imanuel Parsifal
Quoting warta
i think the only winner for today whos sitting away fro this crazy market .. what u can miss today u can catch it later
Actually time is money, and wasting it by not trading you lose money as well...
UJ has broken 100 area down. so be careful with GJ long. I think bears are too serious to toy with.

Edit : I think we can say hello to 198 next week easily.
Discipline + Patience - Fear - Greed = Success
300pips locked in..i would suggest those that went in with the news analysis to consider closing there positions
Imanuel Parsifal
i see this new hrly bar taking a 100pips down to 1.5550area
Imanuel Parsifal
Quoting Pirin
Actually time is money, and wasting it by not trading you lose money as well...
what you can risky miss today you can catch it later ... pips exist with every move
Quoting ovaforty
I am protecting my gains by not playing today
I guess you are right. Just away from the comp and it has downed more than 200 pips. :surprised
I traded 1 mini lot on that, at least better than bigger lot. Should have protected it with BE. Well, just adjusted the SL to 202.80. It is coming to alive now. Thinking to add long but let's see.
Quoting Pirin
Actually time is money, and wasting it by not trading you lose money as well...
thats rigth..
5 traders viewing now