Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 5135 | 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)

  • #102,681
  • Jul 22, 2008 12:09am Jul 22, 2008 12:09am
Does anyone think this is a good long tail? A good carry trade since I'm long? And resistance of 213.75 would be support and I don't have to close this trade because it would bounce off 213.75.
  • #102,682
  • Jul 22, 2008 12:10am Jul 22, 2008 12:10am
Quoting karmostaji
Man, this is some crazy price action. i was just waiting for a 4hr close below gann to short d beast. but it never came. strong Bearish divergence on 4hr charts. My new 4hr MOM is still bearish. Longs are out of d question for me. any bull below 214 is a consolidation. For now only bears would bring dis out of consolidation. IMO. Quecce where are u short from?


Btw. whats karmos latest analysis. Karmo?
I've closed my longs for some sweet pips, I'm waiting for a close below 1h 50ema and 4h gann hilo or a break above of 213.50

Till then, sitting on the sidelines.[/quote]

Short from 213.26 area but thinking about cutting it loose because this PA is all over the place right now. .
  • #102,683
  • Jul 22, 2008 12:11am Jul 22, 2008 12:11am
Quoting "expert"
Where was your entry and why did you take it.Based on what.i am asking because i am learning.

Guys does this CCI on 15m-4hr means we are over biught?Or i am reading it wrong?
lilmoe's system...look at his signature. i couldn't understand at first but now i know.
  • #102,684
  • Jul 22, 2008 12:12am Jul 22, 2008 12:12am
House prices could fall 30% in biggest crash ever seen in Britain, key Bank of England member warns


By Becky Barrow
Last updated at 10:27 PM on 21st July 2008
House prices could plunge a further 30 per cent in the property market crisis, a key member of the Bank of England has warned.

- Dailymail
  • #102,685
  • Jul 22, 2008 12:16am Jul 22, 2008 12:16am
Quoting Vfforexlee
lilmoe's system...look at his signature. i couldn't understand at first but now i know.
Oh i see.I will wait 213,50area or 212,90.

But in the first waiting that BOE governer speach.
  • #102,686
  • Jul 22, 2008 12:25am Jul 22, 2008 12:25am
consolidation/correction. yesterday i said i was expecting at least 211.60; 210.90 also seems a reasonable target, but it is taking too long to get there.
at this moment i'm not sure. i would say 212.60 and then up.

Quoting quecee5
I'm wondering who keeps buying it on every sale. . .
The PA is strange today, not sure what's going on with this pair!
The charts are calling for a down move, I see at least 100-150 down
to 211.30/210.88. . . price is below 1hr gann hi/lo and 4hr is starting to turn over along with the daily. . . Price is also minimally below DP. . .

This is some weird price action over the last 4 hours -
Nihil Sine Deo.
  • #102,687
  • Jul 22, 2008 12:26am Jul 22, 2008 12:26am
Triangle on 1hr chart. Continuation pattern, but inside that rising wedge. Lets see who wins. Im holding my long from the DP, i dont care heh with a 20 pip stop outside the triangle formation and support.
  • #102,688
  • Jul 22, 2008 12:28am Jul 22, 2008 12:28am
Quoting Scrat
consolidation/correction. yesterday i said i was expecting at least 211.60; 210.90 also seems a reasonable target, but it is taking too long to get there.
at this moment i'm not sure. i would say 212.60 and then up.
~212.60 would be the LTL of the rising wedge pattern on 1hr chart. But notice the triangle inside it wants to break north...keep an eye on this one...
  • #102,689
  • Jul 22, 2008 12:29am Jul 22, 2008 12:29am
Rise, Geppy! Rise! I want to see volatility! That's why we're here!
  • #102,690
  • Jul 22, 2008 12:29am Jul 22, 2008 12:29am
I am new to this thread and I don’t understand the Gann you refer to. I’ve read through lots of posts and can see you use a gann set on 10, but is it the gann line or fan and how do I set it up?

Thank you in advance for your time and consideration! I really appreciate all the helpful posts and this thread.
  • #102,691
  • Jul 22, 2008 12:30am Jul 22, 2008 12:30am
Quoting Vfforexlee
Does anyone think this is a good long tail? A good carry trade since I'm long? And resistance of 213.75 would be support and I don't have to close this trade because it would bounce off 213.75.
not sure as of yet, i mentioned last week that this might range again for this week also. things are a bit tricky, so u need to be cautious.

as of now, i think we're about the breach the bearish flag on my 1h/m30 charts.
  • #102,692
  • Jul 22, 2008 12:32am Jul 22, 2008 12:32am
Quoting lilmoe
not sure as of yet, i mentioned last week that this might range again for this week also. things are a bit tricky, so u need to be cautious.

as of now, i think we're about the breach the bearish flag on my 1h/m30 charts.
where do you see a bearish flag?
  • #102,693
  • Jul 22, 2008 12:32am Jul 22, 2008 12:32am
usd/cad is more fun at the moment, or anything usd based, jpy pairs have done their move , and consolidating
  • #102,694
  • Jul 22, 2008 12:33am Jul 22, 2008 12:33am
Quoting lilmoe
not sure as of yet, i mentioned last week that this might range again for this week also. things are a bit tricky, so u need to be cautious.

as of now, i think we're about the breach the bearish flag on my 1h/m30 charts.
Thanks. I'm going to bed. I put a sell stop below my stoploss in order to make up for the loss. This thing is going to break. I can see it from MACD on 1hr.
  • #102,695
  • Jul 22, 2008 12:40am Jul 22, 2008 12:40am
Quoting belekas
where do you see a bearish flag?
it's not breached yet, but here it is... price is playing tricky each time it touches the upper TL.

i would go long targeting 213.90 and above if that flag is breached upwards, also if CCI and momentum crosses above the TLs i have on both. here's the chart.


Attached Image (click to enlarge)
Click to Enlarge Name: gj_1h.gif Size: 28 KB
  • #102,696
  • Jul 22, 2008 12:40am Jul 22, 2008 12:40am
yes, you would think so wouldn't you? but i guess not yet, it would be too simple. small fish like us need to get fried first, and then it will move nicely north or south - depending on where we expect it NOT to move.

Quoting lilmoe
not sure as of yet, i mentioned last week that this might range again for this week also. things are a bit tricky, so u need to be cautious.

as of now, i think we're about the breach the bearish flag on my 1h/m30 charts.
Nihil Sine Deo.
  • #102,697
  • Jul 22, 2008 12:41am Jul 22, 2008 12:41am
Quoting Vfforexlee
Thanks. I'm going to bed. I put a sell stop below my stoploss in order to make up for the loss. This thing is going to break. I can see it from MACD on 1hr.
it's a good thing u're using protective stops.

sleep tight
  • #102,698
  • Jul 22, 2008 12:43am Jul 22, 2008 12:43am
Quoting Scrat
yes, you would think so wouldn't you? but i guess not yet, it would be too simple. small fish like us need to get fried first, and then it will move nicely north or south - depending on where we expect it NOT to move.
loooool, how many times did u think that bullish flag was broken?

check out the latest chart posted. i would go long when CCI crosses 100 line upwards and moms cross the TL i have drawn on it. that would be safer. i've learned this method the hard way

tip: by the way, CCI (input 30) is the major filter i'm using for my nearly competed system.
  • #102,699
  • Jul 22, 2008 12:44am Jul 22, 2008 12:44am
Quoting lilmoe
it's not breached yet, but here it is... price is playing tricky each time it touches the upper TL.

i would go long targeting 213.90 and above if that flag is breached upwards, also if CCI and momentum crosses above the TLs i have on both. here's the chart.


Attachment
I call it a bullish flag, because i try to buy the break of the descending formation, and sell the break of the ascending one, and try to avoid the oposite if you know what i mean. That is based on IGROK's trading style...Nice style indeed...
  • #102,700
  • Jul 22, 2008 12:45am Jul 22, 2008 12:45am
I think we might see big movement during or after King give his speech.
314 traders viewing now