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Auslanco - GBP/JPY and GBP/USD (newstrade)

  • #98,461
  • Jul 1, 2008 5:14pm Jul 1, 2008 5:14pm
Quoting OwningSoros
what now?
What time zone is that trader using for the daily close?


EDIT: What time zone does the big money follow? I've always used GMT but when price is close to levels like this it makes me wonder.
  • #98,462
  • Jul 1, 2008 5:15pm Jul 1, 2008 5:15pm
Quoting mmccormac
What time zone is that trader using for the daily close?

GMT
greed+gluttony+self-indulgence+craving= success
  • #98,463
  • Jul 1, 2008 5:16pm Jul 1, 2008 5:16pm
I might expect a rally in DJIA pretty hard
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"Millionaires don't use astrology, billionaires do"
  • #98,464
  • Jul 1, 2008 5:18pm Jul 1, 2008 5:18pm
Quoting OwningSoros
GMT
What's the current GMT time? Is it 10:18pm or 11:18pm? Do you guys account for DST?
  • #98,465
  • Jul 1, 2008 5:25pm Jul 1, 2008 5:25pm
Quoting Clouds
Here's interesting article 'yen crosses are mixed'
http://www.dailyfx.com/story/currenc...941116865.html
Nzd/Jpy projected 91.42, but I see (almost all) yen crosses to the sky.
216
  • #98,466
  • Jul 1, 2008 5:26pm Jul 1, 2008 5:26pm
Quoting mmccormac
What's the current GMT time? Is it 10:18pm or 11:18pm? Do you guys account for DST?

google is a very good tool, give it a try
  • #98,467
  • Jul 1, 2008 5:26pm Jul 1, 2008 5:26pm
back

i closed my long from 210.40

i will wait for GJ to go down near 210.50 area and i will open long again

and this time my target will be between 212 to 213

u will ask me why 210.50 ?

i will tell u this my chart

so lets hope GJ go down to my entry point
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  • #98,468
  • Jul 1, 2008 5:27pm Jul 1, 2008 5:27pm
Quoting lilmoe
google is a very good tool, give it a try
LOL

Yeah would have been quicker.
  • #98,469
  • Jul 1, 2008 5:29pm Jul 1, 2008 5:29pm
criteria for a wave for of the sub wave north has been met technically, sup/res levels are shown for 8hr geppy
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"Millionaires don't use astrology, billionaires do"
  • #98,470
  • Jul 1, 2008 5:31pm Jul 1, 2008 5:31pm
Quoting OrionsWay
criteria for a wave for of the sub wave north has been met technically, sup/res levels are shown for 8hr geppy

i dont care coz your analysis is always wrong.
greed+gluttony+self-indulgence+craving= success
  • #98,471
  • Jul 1, 2008 5:33pm Jul 1, 2008 5:33pm
Quoting OwningSoros
i dont care coz your analysis is always wrong.


hahaa absolutely..


which way are u currently trading, need to know so i can be opposite of you
"Millionaires don't use astrology, billionaires do"
  • #98,472
  • Jul 1, 2008 5:41pm Jul 1, 2008 5:41pm
long.

but after reading it....


Quoting OrionsWay
hahaa absolutely..


which way are u currently trading, need to know so i can be opposite of you
greed+gluttony+self-indulgence+craving= success
  • #98,473
  • Jul 1, 2008 5:44pm Jul 1, 2008 5:44pm
Quoting TiaForex
Great to see some discussion of the 2 Aus strategies on here. Those are the ones I trade so I love reading about other traders in the same boat. I may even start a separate thread for it too.

I didn't take that signal because my ODL showed the 4H QQE 5 as having crossed up. Interestingly when I opened my backup, Alpari, which has the 4hr candle closing 2 hours after ODL, the QQE5 was still crossed down so I could easily have taken the signal.

Lesson learned: Always keep the backup open and compare the messages I am getting.

Quick question: When the strategy calls for the candle to form below the Gann, do you guys count the wicks as well or just main body of the candle?

Like mjolimer, I'm not going to short under the strategy rules unless the QQE5 crosses up to the 50 line and back down again. On ODL my 4H QQE5 is still bullish. The Daily chart has turned bearish though so it seems that shorts are the other of the day. It's just a question of patience and waiting for the entry.

A 15M strategy signal could be forming as well. A cross of the QQE60 below the DP of 210.83 would be a short signal given that price is below hourly 100SMA and Daily 5SMA, with 15M QQE5 crossed down.
Hi Tia and others: Re Auslanco, I will be posting any updates, about him returning from vacation and his status that I receive, to his website I built. Right now the website has an IP address as the hosting company screwed up my domain name. Will be back under my domain name mid July but in the meantime you can see his website by PM'ng me. I was given an infraction by Twee from FF for posting the address before and warned I would be banned if I did it again.
Rod
Trade what you see, not what you think.
  • #98,474
  • Jul 1, 2008 5:46pm Jul 1, 2008 5:46pm
Quoting OwningSoros
long.

but after reading it....

OK i go short right now 11.45

my order must of tipped the scale LOL
"Millionaires don't use astrology, billionaires do"
  • #98,475
  • Jul 1, 2008 5:48pm Jul 1, 2008 5:48pm
Quoting OwningSoros
what now?
Just look at the chart! lol
  • #98,476
  • Jul 1, 2008 5:48pm Jul 1, 2008 5:48pm
short with OrionsWay
target 200.00



Quoting OrionsWay
OK i go short right now 11.45
greed+gluttony+self-indulgence+craving= success
  • #98,477
  • Jul 1, 2008 5:50pm Jul 1, 2008 5:50pm
Quoting OwningSoros
short with OrionsWay
target 200.00
Ok.. I am long @211.43 targeting 217 ..
  • #98,478
  • Jul 1, 2008 5:51pm Jul 1, 2008 5:51pm
Quoting OwningSoros
short with OrionsWay
target 200.00

OK i'll reverse at 11.23
"Millionaires don't use astrology, billionaires do"
  • #98,479
  • Jul 1, 2008 5:51pm Jul 1, 2008 5:51pm
Quoting msniper
back

i closed my long from 210.40

i will wait for GJ to go down near 210.50 area and i will open long again

and this time my target will be between 212 to 213

u will ask me why 210.50 ?

i will tell u this my chart

so lets hope GJ go down to my entry point
that pattern i see on GJ is in fact a reversal pattern, meaning up. i've been yelling about it for the past 2 days. it is also supported with a reverse h/s pattern with today's low being the right shoulder. the price successfully closed above the neckline. a retest of that neckline is likely. earlier today (yesterday in my part of the world) i thought the neckline was breached, but there was that ugly doji on the 1h chart that i mentioned and made me change my mind of going long there. there was also a possibility of price closing below daily gann, which would've forced me to re-evaulate. but that didn't happen, and now that neckline is breached thank god, and price managed to close above DP 1h 50ema.

now, considering price going below the new DP (not very easy, but nothing's impossible), i really doubt it would go lower than a 61.8 retracement of the latest intraday rally, which would be around 210.68. i'm not asking u to move ur order a bit up, but i think you should consider the other TL u have on your chart in the lower 211 area

good luck!
  • #98,480
  • Jul 1, 2008 5:54pm Jul 1, 2008 5:54pm
Quoting OrionsWay
OK i'll reverse at 11.23
Me too .. reverse ..
Hey .. you both and me have nothing to do .. looks like it .. need to be spanked..
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