Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 3600 | 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)

  • #71,981
  • Apr 6, 2008 9:45pm Apr 6, 2008 9:45pm
Quoting quecee5
The fibs are expansion which should be in your chart software and below is what I'm using for the channel which calculates then automatically. . .

You can change the periods to taste - enjoy. . .
Thanks Q.
  • #71,982
  • Apr 6, 2008 9:46pm Apr 6, 2008 9:46pm
Quoting edida83
hello q, what is you period for the hour channel? and how do we know it is the right setting period? thanks..
I should have said hours, I use 1080 which fits the channel perfectly. . .
If I where to draw the channel manually it would be in line with that setting at 1080. . .
  • #71,983
  • Apr 6, 2008 10:04pm Apr 6, 2008 10:04pm
Quoting DutchTrader
Thanks fellas, I misunderstood. This internet thing screws up comprehension sometimes. Thanks.
DT, what do u think? Are u considering holding long?
  • #71,984
  • Apr 6, 2008 10:06pm Apr 6, 2008 10:06pm
Quoting quecee5
DT, what do u think? Are u considering holding long?
I was just going to make a post. lol. GU is capped and looks to be sinking, which will drag down GJ. It looks like we're having some problem with the 204.05 congestion zone. I'm going to see if we can make one more push, but if not i'll cash out, take a nap and come back for NY
Patience + Humility + Study = Success
  • #71,985
  • Apr 6, 2008 10:11pm Apr 6, 2008 10:11pm
Quoting quecee5
Keep an eye on UJ my friend - I think it is headed to 104 area soon despite the bad news last week. . .

Also, I think we will see a GJ squeeze up to at least 207 area this week before the rate announcement on Thursday. . . better than expected news, you will see this pair shoot up to 209/210 faster than u can shake a stick at it. . .

But of course this will all depend on if GJ can get above upper channel resistance at 204.45, a close up there then say hello to 207 1st target. . .

A failure up there the we will see 199.50 1st target. . .
If we break the high from last week then 207 is my first target, and I definitely see 210 as a possibility. I dont think we will see 199.50 unless there is some horrendous news, most bad news seems to be baked in already, I think the market movers are just eyeing longs at this point, imo.
  • #71,986
  • Apr 6, 2008 10:16pm Apr 6, 2008 10:16pm
Quoting DutchTrader
I was just going to make a post. lol. GU is capped and looks to be sinking, which will drag down GJ. It looks like we're having some problem with the 204.05 congestion zone. I'm going to see if we can make one more push, but if not i'll cash out, take a nap and come back for NY
Price looks like it is headed back to test 203.40 support short-term as indicated by the LTF. . . However, 1hr and 4hr chart still looks like it has more upside. . .

I'll hang out to see how it reacts to this resistance now turned support, if it breaks then I'll take profit. . .
Attached Image (click to enlarge)
Click to Enlarge Name: multiple charts.gif Size: 72 KB
  • #71,987
  • Apr 6, 2008 10:17pm Apr 6, 2008 10:17pm
I closed my shorts that I left over the weekend at 202.35 and 203.35. I still don't feel comfortable going long on this pair so I will wait to see what happens and if we don't make a new high I will short again. I am thinking that we need 201.5 first before new high but market may think otherwise.

Bless
Patience + Discipline - Greed = Success
  • #71,988
  • Apr 6, 2008 10:19pm Apr 6, 2008 10:19pm
I see one more push for 204 on the upside on the 1hr then I think we turn down back towards 203
Patience + Humility + Study = Success
  • #71,989
  • Apr 6, 2008 10:20pm Apr 6, 2008 10:20pm
Quoting Merli
If we break the high from last week then 207 is my first target, and I definitely see 210 as a possibility. I dont think we will see 199.50 unless there is some horrendous news, most bad news seems to be baked in already, I think the market movers are just eyeing longs at this point, imo.
We are on the same page bro. . . Weekly chart looks rather bullish and the fact that GJ only retrace 23.6% on the bad employment data last weeks and is now eyeing 205 again just adds credence to your point. . .

Lets see how it all plays out. . . I'm looking to add long on a clean break and close above 204.45 area. . .
  • #71,990
  • Apr 6, 2008 10:50pm Apr 6, 2008 10:50pm
I see a double low with a possible higher close on the hourly. Anyone else see it? The previous close was 203.73 and we are at 204 with 10 min. to go for the next close.
  • #71,991
  • Apr 6, 2008 10:51pm Apr 6, 2008 10:51pm
Quoting Dmac
I see a double bottom with a possible higher close on the hourly. Anyone else see it? The previous close was 203.73 and we are at 204 with 10 min. to go for the next close.
Attached Image (click to enlarge)
Click to Enlarge Name: multiple charts.gif Size: 68 KB
  • #71,992
  • Apr 6, 2008 10:54pm Apr 6, 2008 10:54pm
Quoting ServerUang
Hai ephisi...
Maybe you can predict it.
http://i30.tinypic.com/2aex9q0.gif
Hi ServerUang, I like this indicator. Would you mind to share it so that we can use it too? I would appreciate it.

Thanks
Discipline + Patience - Fear - Greed = Success
  • #71,993
  • Apr 6, 2008 10:57pm Apr 6, 2008 10:57pm
Quoting quecee5
my 4hr bar closes in 2 min as well. . .
  • #71,994
  • Apr 6, 2008 10:58pm Apr 6, 2008 10:58pm
Hey Q, What do you think about that DLHC? Did I jinx it?
  • #71,995
  • Apr 6, 2008 11:00pm Apr 6, 2008 11:00pm
Quoting Dmac
Hey Q, What do you think about that DLHC? Did I jinx it?
LOL!

I think it will test upper fib (100% retrace) 204.45 here shortly. . .lets see what happens on this 4hr bar closing. . .
But right now price having trouble getting above 4hr gann hi/lo for now. . .
  • #71,996
  • Apr 6, 2008 11:25pm Apr 6, 2008 11:25pm
Now I'm thinking it could be possible that double low could breakout to the down side. Lets see. Only time will tell.
  • #71,997
  • Apr 6, 2008 11:35pm Apr 6, 2008 11:35pm
Very boring at the moment and I am starting to fall asleep. Made some pips earlier. I need some rest. Hey tommorows another day right? Good luck fella's
  • #71,998
  • Apr 6, 2008 11:36pm Apr 6, 2008 11:36pm
I don't see this breaking down. Asian equities are up, and UJ is stronger because of Japanese stocks being in the positive again. 205
Patience + Humility + Study = Success
  • #71,999
  • Apr 6, 2008 11:39pm Apr 6, 2008 11:39pm
Quoting DutchTrader
I don't see this breaking down. Asian equities are up, and UJ is stronger because of Japanese stocks being in the positive again. 205

well If you dont see it goin down now's the time to get in again.
  • #72,000
  • Apr 6, 2008 11:41pm Apr 6, 2008 11:41pm
OK goin to sleep. see ya.
59 traders viewing now