Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 4494 | 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)

  • #89,861
  • Jun 6, 2008 5:49am Jun 6, 2008 5:49am
Anyone have an Idea on why GU just spiked up 50 pips?
Que
  • #89,862
  • Jun 6, 2008 5:49am Jun 6, 2008 5:49am
Quoting Que
I am 90% sure GU will be a short today.

I am 90% sure I have no clue where the UJ is headed.

I am 90% sure if I take my minimal profits on GJ, the next hour bar will colapse 50+ pips, pissing me off.

The only good thing is, I am 100% sure we only have Bush in office untill January...

i really hope ur wrong, well at least on g.u.
  • #89,863
  • Jun 6, 2008 5:51am Jun 6, 2008 5:51am
Quoting Que
Anyone have an Idea on why GU just spiked up 50 pips?
It likes to go against your predictions I guess
Trade what you see, not what you think.
  • #89,864
  • Jun 6, 2008 5:55am Jun 6, 2008 5:55am
Quoting Que
Anyone have an Idea on why GU just spiked up 50 pips?

theory #1 - because of the full moon indicator, when there is a full moon out, gbp will gp up

theory #2 - because i am long g.u. so screw u and more pips for me

jk jk
  • #89,865
  • Jun 6, 2008 5:55am Jun 6, 2008 5:55am
Quoting forexnoob101
i really hope ur wrong, well at least on g.u.
I know there are a lot of people who disagree with this. But the US is obviously in a recession, but I believe the worst is nearly over if not already. UK however is looking like the US was 1 year ago... Denial and I think people are catching on.

I am looking at GU short for a while. Given unemployment in US was positive, I can not see how NFP will be less then positive as well.

I am obviously not a finiancial sector expert, I am very green in respects to the experts (only 1 1/2 years). But most of the time common sense tend to be correct.

I am short EU, GU and at the moment GJ. I am looking at killing my GJ short asap as I believe positive USD news may impact the UJ more then GU thus a net result long GJ.

These are just my thoughts.
Que
  • #89,866
  • Jun 6, 2008 5:58am Jun 6, 2008 5:58am
Quoting Que
Anyone have an Idea on why GU just spiked up 50 pips?
obviously some hedge fund entering, we'll see many more after news (and maybe some before indicating insider information on the outcome if significant), thats the compounded power of what is waiting today, wuhuu.
  • #89,867
  • Jun 6, 2008 5:59am Jun 6, 2008 5:59am
Quoting karmostaji
It likes to go against your predictions I guess
We will talk about my prediction tomorrow not today. We have had an average movement of around 30 pips an hour on the GU for the last 15 hours. All of a sudden, no news (That I am aware of) and we spike 50 pips in 20 minutes.

Weather I am wrong on the daily direction is yet to be seen.

That has no relivance to my question, nor has my question been answered with any sort of seriousness. I really do not understan that jump...
Que
  • #89,868
  • Jun 6, 2008 5:59am Jun 6, 2008 5:59am
Quoting gene22
Yes there is that possibility, especially if we surpass 210.50 on the daily and then weekly bases, 219 level or even 230 would be in sight, I would say that in that case it will simply leave me dumbfounded, but I'll trade it if the price gives an indication. Overall, fundamenatlly I do not see how the carry can go that far, but, on the other hand Fed had loaned so much money out that it has to create a few more bubbles, banks need to make money and since a lot of their capabilities since the subprime mess had been wiped out, they will pour it into something else, (so far commodities had been the target) in this case it could be the carry, but in the long term it would create an even bigger bubble. From the elliot wave persepective it could still go as high as 230 and still be a valid 4th wave to set up for the 5th wave drop, possibilities, possibilities. One thing is rather clear to me, time wize we will get a clear sign by the end of next week.

yes i have 210.80 on one of my levels. but i also have 214.30 and 218 as "good candidates" for a top out.

about the time cycle u were talking about. i'm not sure if my knowledge of these thing are comparable with urs, but here's a simple count; i was counting the number of candles on my weekly chart since GJ bottomed out on aug 12 of last year. the other massive fall happened 12 candles later (13 in total with the bottomed candle)

we are currently at candle 12, candle 13 will be sunday night. next week should be VERY interesting.
  • #89,869
  • Jun 6, 2008 6:00am Jun 6, 2008 6:00am
Quoting Que
Anyone have an Idea on why GU just spiked up 50 pips?

to get GJ to stop u out? duh
  • #89,870
  • Jun 6, 2008 6:00am Jun 6, 2008 6:00am
hahaha..i'm stuck now SL put at -100pips, hopefully she didn't hit my SL
keep on patience
  • #89,871
  • Jun 6, 2008 6:00am Jun 6, 2008 6:00am
Bought Eur/Cad just in time
  • #89,872
  • Jun 6, 2008 6:02am Jun 6, 2008 6:02am
Quoting lilmoe
to get GJ to stop u out? duh
lool, yeah, getting an extra ice for investing 500million
  • #89,873
  • Jun 6, 2008 6:06am Jun 6, 2008 6:06am
Quoting Que
We will talk about my prediction tomorrow not today. We have had an average movement of around 30 pips an hour on the GU for the last 15 hours. All of a sudden, no news (That I am aware of) and we spike 50 pips in 20 minutes.

Weather I am wrong on the daily direction is yet to be seen.

That has no relivance to my question, nor has my question been answered with any sort of seriousness. I really do not understan that jump...
I am looking at G.U. long term too, i see it going back up to lets say 1.98, even 1.99, before crashing down, but we will have to wait for the daily candle to close... i think NFP will be negative for the dollar and this will be a start to the rise... we will see where the daily candle finishes today...
  • #89,874
  • Jun 6, 2008 6:12am Jun 6, 2008 6:12am
Quoting ukvipersden
hmmmm...what of those monoline insurers; usa housing still dropping (i don't see a bottom); fed concerns about inflation (although i do believe they will just keep on cutting, the idiots); another BS in the pipe-line (Lehman, UBS)...this is the only bottom i see
[/IMG]
Housing market has seen a bump (Month of May) here in the Bay Area (California). There are also more jobs in the area (Month of May in the Bay Area) sice this time last year.

I do see an end in sight and with the summer time comming upon us, I feel confident that people will be spending more this summer then last. I know many people that instead of going somewhere on vacation (Gas prices a bit high) they will be spending that money on goods instead. I have full confidence of our materialistic society to come through like always.
Que
  • #89,875
  • Jun 6, 2008 6:15am Jun 6, 2008 6:15am
this reminds me of usd chf right now

Attached Image
  • #89,876
  • Jun 6, 2008 6:15am Jun 6, 2008 6:15am
Quoting Que
Housing market has seen a bump (Month of May) here in the Bay Area (California). There are also more jobs in the area (Month of May) sice this time last year.

I do see an end in sight and with the summer time comming upon us, I feel confident that people will be spending more this summer then last. I know many people that instead of going somewhere on vacation (Gas prices a bit high) they will be spending that money on goods instead. I have full confidence of our materialistic society to come through like always.
OT, but just for interesting purposes. how much do you pay for one gallon fuel in your state? in germany we pay 5.8 euro at the moment!
  • #89,877
  • Jun 6, 2008 6:16am Jun 6, 2008 6:16am
Quoting Dr.Geppynius
OT, but just for interesting purposes. how much do you pay for one gallon fuel in your state? in germany we pay 5.8 euro at the moment!
Filled up yesterday $4.52 a gallon.
Que
  • #89,878
  • Jun 6, 2008 6:17am Jun 6, 2008 6:17am
hi,

what will be the farthest point GJ could hit before this week ends?

i still got long position for gj

tp @ 208.05

thanks
forexgodess
I'm not an expert but I can read charts.
  • #89,879
  • Jun 6, 2008 6:19am Jun 6, 2008 6:19am
Quoting Que
Filled up yesterday $4.52 a gallon.
you are not. i pay € 5.80 per gallon, as i mentioned. in germany. so you are way cheaper. that's a heavy difference.
  • #89,880
  • Jun 6, 2008 6:19am Jun 6, 2008 6:19am
Quoting forexgodess
hi,

what will be the farthest point GJ could hit before this week ends?

i still got long position for gj

tp @ 208.05

thanks
forexgodess
Nobody knows
Trade what you see, not what you think.
70 traders viewing now