Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 3828 | 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)

  • #76,541
  • Apr 29, 2008 3:48pm Apr 29, 2008 3:48pm
She's moving south
Money & Pain Respect the market, protect your capital, be patient
  • #76,542
  • Apr 29, 2008 3:49pm Apr 29, 2008 3:49pm
Equities – Dow Jones Industrial Average

The Dow Jones Industrial Average has retraced nearly 50 percent of the drop from 14,198.10 to 11,634.82, as the index managed to break above resistance at the 100 SMA last Friday as risk appetite grows. Indeed, the confluence of the 100 SMA and the 38.2 percent fib of the mentioned bear leg has formed a zone of support at 12,613/35. However, upcoming US news could lead the DJIA down for a test of this zone as the FOMC is likely to cut rates on Wednesday, but issue hawkish commentary in their concurrent policy statement. Furthermore, traders should watch out of the Q1 GDP reading earlier in the morning, as a reading that misses expectations could spark volatility as soon as the US markets open.
  • #76,543
  • Apr 29, 2008 3:51pm Apr 29, 2008 3:51pm
Quoting toyboy tramp
She's moving south
Bad NZD data , is doing something to the market
  • #76,544
  • Apr 29, 2008 3:53pm Apr 29, 2008 3:53pm
NZ ECON: Building Permits For March Down 9.1% Last down 6.5%
  • #76,545
  • Apr 29, 2008 3:55pm Apr 29, 2008 3:55pm
Seriously though - hidden meanings: - the beast = G/J and bull = whats going to happen tomorrow

O powerful love! that in some respects, makes a
beast (G/J) a man; in some other a man a beast

Quoting shakesfx
The Windsor bell hath struck twelve (well, in 6 mins its 0000hrs GMT we will see if the bull take over); the minute
draws on. Now the hot-blooded gods assist me!
Remember, Jove, thou wast a bull for thy Europa (EUR); love set on thy
horns.
  • #76,546
  • Apr 29, 2008 3:55pm Apr 29, 2008 3:55pm
Quoting shakesfx
Hello again Q,

Take it youre on the same lines as me and watching this long "just in case?" Thought I could leave it - but I can't help myself...got to watch the beast doesn't kill it behind my back LOL!

How's the chart look to you? I think we'll def. see 205.40 soon...
Not liking this move at all. . .
  • #76,547
  • Apr 29, 2008 3:56pm Apr 29, 2008 3:56pm
Quoting quecee5
Not liking this move at all. . .
Me neither!! I'm in till 204.4
  • #76,548
  • Apr 29, 2008 3:57pm Apr 29, 2008 3:57pm
Quoting quecee5
Not liking this move at all. . .

Still holding...waiting for some more bulls - watching 204.40 zone for bounce back....
  • #76,549
  • Apr 29, 2008 3:59pm Apr 29, 2008 3:59pm
Quoting shakesfx
Still holding...waiting for some more bulls - watching 204.40 zone for bounce back....
U/J at 103.97 and holding...
  • #76,550
  • Apr 29, 2008 4:00pm Apr 29, 2008 4:00pm
Quoting shakesfx
U/J at 103.97 and holding...
Major resistance at 1.9670 on G/U holding too...Lets see...
  • #76,551
  • Apr 29, 2008 4:02pm Apr 29, 2008 4:02pm
Brb, dont let GJ go down, while I'm away
  • #76,552
  • Apr 29, 2008 4:03pm Apr 29, 2008 4:03pm
UK Consumer Confidence lowest in 16 years...Lets see if it's already priced in...
  • #76,553
  • Apr 29, 2008 4:05pm Apr 29, 2008 4:05pm
Quoting shakesfx
UK Consumer Confidence lowest in 16 years...Lets see if it's already priced in...
Movements will be more true during London session.
Patience + Discipline - Greed = Success
  • #76,554
  • Apr 29, 2008 4:05pm Apr 29, 2008 4:05pm
Quoting shakesfx
Still holding...waiting for some more bulls - watching 204.40 zone for bounce back....
Intraday pivot at 204.63, next support after that is 204.30. ..
It needs to stay above that or else we could see 203.67 next support, then 203'ish. . .

Would be better if it was above 204.63 then our next targets would be 205.25 and 205.33 (daily pivot). . .
  • #76,555
  • Apr 29, 2008 4:06pm Apr 29, 2008 4:06pm
Quoting shakesfx
UK Consumer Confidence lowest in 16 years...Lets see if it's already priced in...
What exactly does that mean -24? 24% have no confidence in shopping?
  • #76,556
  • Apr 29, 2008 4:08pm Apr 29, 2008 4:08pm
Quoting quecee5
Intraday pivot at 204.63, next support after that is 204.30. ..
It needs to stay above that or else we could see 203.67 next support, then 203'ish. . .

Would be better if it was above 204.63 then our next targets would be 205.25 and 205.33 (daily pivot). . .
I'll give it 30 mins to absorb the news and then stop and reverse if below 204.63...Lack of liquidity may be a factor here with a quick drop...
  • #76,557
  • Apr 29, 2008 4:10pm Apr 29, 2008 4:10pm
Quoting Clouds
What exactly does that mean -24? 24% have no confidence in shopping?
Exactly, oh, and no confidence in the Country we are living in too if you ask me.
  • #76,558
  • Apr 29, 2008 4:10pm Apr 29, 2008 4:10pm
Quoting mktjong
Equities – Dow Jones Industrial Average

The Dow Jones Industrial Average has retraced nearly 50 percent of the drop from 14,198.10 to 11,634.82, as the index managed to break above resistance at the 100 SMA last Friday as risk appetite grows. Indeed, the confluence of the 100 SMA and the 38.2 percent fib of the mentioned bear leg has formed a zone of support at 12,613/35. However, upcoming US news could lead the DJIA down for a test of this zone as the FOMC is likely to cut rates on Wednesday, but issue hawkish commentary in their concurrent policy statement. Furthermore, traders should watch out of the Q1 GDP reading earlier in the morning, as a reading that misses expectations could spark volatility as soon as the US markets open.

You mean something like this chart perhaps suggests
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_40.gif Size: 47 KB
"Millionaires don't use astrology, billionaires do"
  • #76,559
  • Apr 29, 2008 4:10pm Apr 29, 2008 4:10pm
4 hour MACD is still screaming, even louder "Don't mess up with grand-daddy now. Always listen to grand-daddy words": "Never catcha a falling knife, it's gonna hurt u. Remember that once, remember that twice, and u good to go"
Just kidding .. I was anticipating this to come. Shorted the pair @204.87.
Attached Image
  • #76,560
  • Apr 29, 2008 4:12pm Apr 29, 2008 4:12pm
Short @ 204.91
30 traders viewing now