Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 4228 | 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)

  • #84,541
  • May 27, 2008 9:49am May 27, 2008 9:49am
Quoting Srikanth
IMO.. i'm seeing daily pointing up..atleast 207

yea not sure they might be buying
"Millionaires don't use astrology, billionaires do"
  • #84,542
  • May 27, 2008 9:50am May 27, 2008 9:50am
Quoting Dmac
sleeping now. later
What Dmac? It's your sleeping time (?). You reside in New York or somewhere in US, right? You must be partying all nite yesterday ..
  • #84,543
  • May 27, 2008 9:53am May 27, 2008 9:53am
Quoting OrionsWay
yea not sure they might be buying
upward mom starting to wear thin. Seems only correlation for these prices for UJ is oil prices down for the moment. . . All it would take is for oil prices to soar again to weaken USD taking crosses with it IMO. . .
  • #84,544
  • May 27, 2008 9:56am May 27, 2008 9:56am
bearish divergence on all small TFs (1h and lower)
  • #84,545
  • May 27, 2008 9:58am May 27, 2008 9:58am
Quoting quecee5
upward mom starting to wear thin. Seems only correlation for these prices for UJ is oil prices down for the moment. . . All it would take is for oil prices to soar again to weaken USD taking crosses with it IMO. . .

True but oil exhausted, cable futures legging up as chunnel sells off and $/y gonna be buying for next 3.5 years or so. Dollar strength across the board me thinks for some time to come. Will be a slow crawl as that is the intentions of carry
"Millionaires don't use astrology, billionaires do"
  • #84,546
  • May 27, 2008 10:00am May 27, 2008 10:00am
hourly BEOB...
Money & Pain Respect the market, protect your capital, be patient
  • #84,547
  • May 27, 2008 10:02am May 27, 2008 10:02am
Quoting quecee5
upward mom starting to wear thin. Seems only correlation for these prices for UJ is oil prices down for the moment. . . All it would take is for oil prices to soar again to weaken USD taking crosses with it IMO. . .
Hi Queecy, what's your target down on GJ?
Cheers
  • #84,548
  • May 27, 2008 10:03am May 27, 2008 10:03am
Quoting OrionsWay
True but oil exhausted, cable futures legging up as chunnel sells off and $/y gonna be buying for next 3.5 years or so. Dollar strength across the board me thinks for some time to come. Will be a slow crawl as that is the intentions of carry
Yeah, I think we'll see GU back up to 2.04 area shortly but not sure about USD's fate. . . I see oil prices continuing to climb over the summer weakening the USD further. . . Might not happen immediately but in the months to come we could see UJ @ 100 level again, but until then we'll probably see ranging for a bit. . .
  • #84,549
  • May 27, 2008 10:08am May 27, 2008 10:08am
I might have this wrong but what the US govt are proposing regarding Arabian fx would unlock the r'ship between the dollar and oil, allowing both oil and the dollar to go up...the $ looks to have bottomed on a few monthly charts I was checking over the weekend, so it might not get much weaker, the £ however could q easily.
Money & Pain Respect the market, protect your capital, be patient
  • #84,550
  • May 27, 2008 10:10am May 27, 2008 10:10am
Quoting lilmoe
bearish divergence on all small TFs (1h and lower)
  • #84,551
  • May 27, 2008 10:13am May 27, 2008 10:13am
Quoting eric_charbon
Hi Queecy, what's your target down on GJ?
Cheers
I'm not trading GJ at the moement, I've already taken profit from my trade since yesterday at low 204 area. . . However, I see tight ranging for the moment as there seems to be a lot of indecision in the market at the moement.

There is strong support now at 204.70/80 area and there resistance up above at 206.20 area. . . A break of the lower sees 204.40/204/203.90/203.50/202.70 area. A break of the upper sees 206.50/207.10/208.50/209. . .

In other words, I see a bit of ranging until a decisive break in either direction is achieved. . .
  • #84,552
  • May 27, 2008 10:15am May 27, 2008 10:15am
Quoting quecee5
I'm not trading GJ at the moement, I've already taken profit from my trade since yesterday at low 204 area. . . However, I see tight ranging for the moment as there seems to be a lot of indecision in the market at the moement.

There is strong support now at 204.70/80 area and there resistance up above at 206.20 area. . . A break of the lower sees 204.40/204/203.90/203.50/202.70 area. A break of the upper sees 206.50/207.10/208.50/209. . .

In other words, I see a bit of ranging until a decisive break in either direction is achieved. . .
Thanks for your input I thought you were still in.
  • #84,553
  • May 27, 2008 10:16am May 27, 2008 10:16am
Quoting GodfreyH
  • #84,554
  • May 27, 2008 10:17am May 27, 2008 10:17am
Quoting GodfreyH
don't u just love fibo fans?
  • #84,555
  • May 27, 2008 10:18am May 27, 2008 10:18am
Quoting toyboy tramp
I might have this wrong but what the US govt are proposing regarding Arabian fx would unlock the r'ship between the dollar and oil, allowing both oil and the dollar to go up...the $ looks to have bottomed on a few monthly charts I was checking over the weekend, so it might not get much weaker, the £ however could q easily.
How is that achieved, if u don't mind me asking?

I only see US finding an alternative for fuel/energy as a solution to the rising oil prices. . . As long as we continue to be dependent, oil prices will continue to soar and could reach 8/10 a gallon over the next year or 2 IMO. . .
  • #84,556
  • May 27, 2008 10:20am May 27, 2008 10:20am
took partial profits, and letting the rest of the pos run with +1 SL.
lets see how this plays out.
  • #84,557
  • May 27, 2008 10:21am May 27, 2008 10:21am
Quoting quecee5
How is that achieved, if u don't mind me asking?

I only see US finding an alternative for fuel/energy as a solution to the rising oil prices. . . As long as we continue to be dependent, oil prices will continue to soar and could reach 8/10 a gallon over the next year or 2 IMO. . .
wow 1000 cents a gallon !!!
  • #84,558
  • May 27, 2008 10:21am May 27, 2008 10:21am
15min, 30min, 1hr chart 4 u. . . GJ of course, one could have scalp this as a good trade. . . Me I'm trading UJ at the moment with good green pips. . .

Trade wisely everyone. . .
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 15 min chart.gif Size: 19 KB
Click to Enlarge Name: 30 min chart.gif Size: 19 KB
Click to Enlarge Name: 1hr chart.gif Size: 18 KB
  • #84,559
  • May 27, 2008 10:24am May 27, 2008 10:24am
Quoting lilmoe

I hate to admit it, but I also love that mischievous icon.
  • #84,560
  • May 27, 2008 10:25am May 27, 2008 10:25am
Quoting eric_charbon
Thanks for your input I thought you were still in.
No, I'm trading UJ with bigger lots and a smaller spread right now to get the most "bang for my buck" no pun intended since it appear we will still be in range mode today. . .
291 traders viewing now