Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 4771 | 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)

  • #95,401
  • Jun 19, 2008 8:56am Jun 19, 2008 8:56am
Quoting lilmoe
also, cable's 4h mom is pointing down. 1.9656 is 4h 5sma. setting 1st TP there wouldn't be a bad idea. but i think it'll go down from here. if not, then it should top out around 1.979x area
Exactamente.....

Also....
Attached Image (click to enlarge)
Click to Enlarge Name: gbp4h.GIF Size: 36 KB
Patience + Discipline - Greed = Success
  • #95,402
  • Jun 19, 2008 8:57am Jun 19, 2008 8:57am
Quoting pr0spero
"Professional activity" is not the result of one participant's actions. If that were so, then the secret would be in managing to get in that participant's head and follow in his steps.

In reality, however, this actvity is the aggregate of th actions of numerous participants, many of them, as we know, many times larger (in terms of volume) than all retaila ctivity put together. But this doesn't mean these big guys know for sure which way it is going. They ceratintly gt their bets wrong in other markets and this also happens in FX.

Can somebody please point out who are these "professionals" whose actions and worlds I should follow to gauge direction with certainty. Name them. I can't

Thats right, impossible eccept by order flow and activity within that order flow across all TF's combined
"Millionaires don't use astrology, billionaires do"
  • #95,403
  • Jun 19, 2008 8:57am Jun 19, 2008 8:57am
Quoting Rustyyy
I am wondering the same thing....Nikkei was down 322 pts last night.

But the GBP retail sales boosted G/U.

Biggest increase in over 18 years with a bad economy?

I think they borrowed the USA numbers cooking kitchen.

Oh well they need a reason to raise the interest rates.

DJIA Futs just broke 12000 to downside.

Looks like we are headed down.
testing 213 first before heading down?
  • #95,404
  • Jun 19, 2008 8:58am Jun 19, 2008 8:58am
Quoting karmostaji
Gold shooting up like crazy..

hmm, risk aversion coming into the markets?
where r u watching gold ? my demo server dont show gold

goodbadmas
  • #95,405
  • Jun 19, 2008 8:58am Jun 19, 2008 8:58am
Quoting Infinity
Exactamente.....

Also....

  • #95,406
  • Jun 19, 2008 8:58am Jun 19, 2008 8:58am
Quoting Islander
Yes and I closed my short - with oil making new lows for the day I can see a bounce in YM
Watching the chart on the YM, very low volume on the bounces up. Very telling.
You think oil will soon stop having such an effect on the US equity indexes?
  • #95,407
  • Jun 19, 2008 8:59am Jun 19, 2008 8:59am
Quoting lilmoe
scaling shorts on GJ

Attached Image
  • #95,408
  • Jun 19, 2008 9:00am Jun 19, 2008 9:00am
Quoting goodbadmas
where r u watching gold ? my demo server dont show gold

goodbadmas
Both ODL and WHC have it - WHC has the most contracts of any MT4 platform
Trading Levels with WRBs
  • #95,409
  • Jun 19, 2008 9:01am Jun 19, 2008 9:01am
There is options for UJ expires on 10 AM EDT at 106 and 108. Would probably see some fire pops after it. As a matter of fact, Geppy just drops almost 20 pips as I write.
  • #95,410
  • Jun 19, 2008 9:02am Jun 19, 2008 9:02am
Quoting ffujifilm
testing 213 first before heading down?
Not really sure, sitting on the sidelines.
Agree with Q's analysis.
P/A and MACD are diverging.

Personally I think we have seen the highs for the week.

That daily 200 sma is a strong resistance.
  • #95,411
  • Jun 19, 2008 9:04am Jun 19, 2008 9:04am
Philly Fed should be enough to start the crapper up ...
  • #95,412
  • Jun 19, 2008 9:05am Jun 19, 2008 9:05am
Quoting Rustyyy
Watching the chart on the YM, very low volume on the bounces up. Very telling.
You think oil will soon stop having such an effect on the US equity indexes?
AS I now longer trade the ER / ES / YM as much as I have in the past I'm not certain. However, I have found that Sods Law applies - as soon as a correlation is working well - it stops.....http://www.forexfactory.com/images/icons/icon11.gif
Trading Levels with WRBs
  • #95,413
  • Jun 19, 2008 9:05am Jun 19, 2008 9:05am
...Options expiry (volatile) tomorrow...could go either way...let's hope all the way down
  • #95,414
  • Jun 19, 2008 9:06am Jun 19, 2008 9:06am
Quoting Islander
Both ODL and WHC have it - WHC has the most contracts of any MT4 platform
WHC ?? where can i find it ? thanks for the help
  • #95,415
  • Jun 19, 2008 9:07am Jun 19, 2008 9:07am
Quoting ukvipersden
...Options expiry (volatile) tomorrow...could go either way...let's hope all the way down
What exactly is "triple witching week " ?
  • #95,416
  • Jun 19, 2008 9:08am Jun 19, 2008 9:08am
In the last 13 weeks the price has been rising. Since the beginning of May alone, it has had 6 up weeks (if this closes up) and one down week.

Why would I wanna try and pick the top in such an uptrend? Sure, it will form an ultimate top somewhere, sometime. I will just trail my SL securing hundreds of pips in profit meanwhile.

Or perhaps I should try to short to catch the 100-250 pips in drops once in a while, those that prove to be just corrections? I am neither that smart nor that bold am afraid, so leaving this to others

In its 2000 pip upswing since the last major bottom, this pair has had major corrections, often several hundred pips. I think i'd have lost a lot of money if I tried to presume the pair was facing an imminent huge breakdown everytime in fell of one of those mid term tops. Now some with faster fingers and faster brains, might have made money doing just that, on top of making money by buying it when each correction finished? What can I say, maybe one day I reach this level of mastery.

Like I said before, I trade a bit klonger term, so am unlikely to consider a 100-pip drop as the end of an up trend and v. versa
  • #95,417
  • Jun 19, 2008 9:14am Jun 19, 2008 9:14am
Quoting goodbadmas
WHC ?? where can i find it ? thanks for the help
try it under whc market - or use google -mr twee will probably get irate if I post the link..... http://www.forexfactory.com/images/icons/icon8.gif
Trading Levels with WRBs
  • #95,418
  • Jun 19, 2008 9:16am Jun 19, 2008 9:16am
Quoting pr0spero
In the last 13 weeks the price has been rising. Since the beginning of May alone, it has had 6 up weeks (if this closes up) and one down week.

Why would I wanna try and pick the top in such an uptrend? Sure, it will form an ultimate top somewhere, sometime. I will just trail my SL securing hundreds of pips in profit meanwhile.

Or perhaps I should try to short to catch the 100-250 pips in drops once in a while, those that prove to be just corrections? I am neither that smart nor that bold am afraid, so leaving this to others

In its 2000 pip upswing since the last major bottom, this pair has had major corrections, often several hundred pips. I think i'd have lost a lot of money if I tried to presume the pair was facing an imminent huge breakdown everytime in fell of one of those mid term tops. Now some with faster fingers and faster brains, might have made money doing just that, on top of making money by buying it when each correction finished? What can I say, maybe one day I reach this level of mastery.

Like I said before, I trade a bit klonger term, so am unlikely to consider a 100-pip drop as the end of an up trend and v. versa

Yes i agree and i have been long most all of it. But when times up times up, and i feel times up for this A swing north
"Millionaires don't use astrology, billionaires do"
  • #95,419
  • Jun 19, 2008 9:17am Jun 19, 2008 9:17am
Quoting Rustyyy
What exactly is "triple witching week " ?
http://en.wikipedia.org/wiki/Triple_witching_hour


http://imagecache2.allposters.com/im...no-Posters.jpg
  • #95,420
  • Jun 19, 2008 9:21am Jun 19, 2008 9:21am
price should be around 208 by tomorrow if not lower. next week should be a selloff. GJ should at least retrace 50% from the move up it started on june 3rd. i'm thinking daily 50ema. will lock some profit there. now if by any chance this doesn't happen, 212 will be the major support for next week.
89 traders viewing now