Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 5294 | 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)

  • #105,861
  • Aug 6, 2008 11:46am Aug 6, 2008 11:46am
Quoting hyper-fx
we may be looking at a correction but it won't last, the highest it may go and that's a big if is another 100 pips or so. The downtrend must play itself out before a reversal. I'm still betting on a sell to atleast the lower parts of today's move.

Good Luck
I owe you a beer, maybe next time
  • #105,862
  • Aug 6, 2008 11:50am Aug 6, 2008 11:50am
Quoting karmostaji
lol @ how

It shot my trade in the head, it's part of the game
karm, IF we close above 212.400 in a few hours, we have
a bullish engulfing. This gives us a small hint for tommorrow.
  • #105,863
  • Aug 6, 2008 11:53am Aug 6, 2008 11:53am
Quoting karmostaji
lol @ how

It shot my trade in the head, it's part of the game
sorry typo.
I have a question based off your prior posts I was surprised you went short may I ask why did you? I know you are very patient thanks for teaching that
  • #105,864
  • Aug 6, 2008 11:57am Aug 6, 2008 11:57am
G/J is moving big time these days, like the way it should be moving.
"People sometimes mistake luck with skill"
  • #105,865
  • Aug 6, 2008 12:02pm Aug 6, 2008 12:02pm
Removed half my long from 210.75 at 213.55 now hedged short from 213.56 on other half targeting 212.50 for hedge removal and add back 1/2 for close of 3x intrest today...
Price does what price wants , I just need to be prepared.
  • #105,866
  • Aug 6, 2008 12:03pm Aug 6, 2008 12:03pm
Quoting Patrick.
sorry typo.
I have a question based off your prior posts I was surprised you went short may I ask why did you? I know you are very patient thanks for teaching that
212.05 is a good S/R level and we also had the 4h gann there at the time
Trade what you see, not what you think.
  • #105,867
  • Aug 6, 2008 12:04pm Aug 6, 2008 12:04pm
YEN today is smashed, 4H H&S played..

61,8 FIBO from 215.60, + 5sma High (daily) + 200ema(daily) ...finished

pins on 1h on UY + GY..

.. possible, reversal..
  • #105,868
  • Aug 6, 2008 12:07pm Aug 6, 2008 12:07pm
Short 213.40 // SL 213.80

TP1 ...212.44
TP2... 212.10
TP3 ... XXX
  • #105,869
  • Aug 6, 2008 12:08pm Aug 6, 2008 12:08pm
Next resistance is 213.8
"People sometimes mistake luck with skill"
  • #105,870
  • Aug 6, 2008 12:11pm Aug 6, 2008 12:11pm
Quoting Piters
Short 213.40 // SL 213.80

TP1 ...212.44
TP2... 212.10
TP3 ... XXX
I'm short once it hits 212.20 (pivot).
"People sometimes mistake luck with skill"
  • #105,871
  • Aug 6, 2008 12:13pm Aug 6, 2008 12:13pm
Quoting 20pips
I'm short once it hits 212.20 (pivot).
I am planing to BANK those 120pips
  • #105,872
  • Aug 6, 2008 12:16pm Aug 6, 2008 12:16pm
Quoting Piters
I am planing to BANK those 120pips
Haha, you're jumpstarting my short by 120 pips. Well, I'm on a cautious mode right now, just banked in 105 pips on my long.

I agree with your entry, hourly chart RSI just pierces the 70 mark.
"People sometimes mistake luck with skill"
  • #105,873
  • Aug 6, 2008 12:21pm Aug 6, 2008 12:21pm
Quoting Scrat
i will believe in shorts only when i see the supporting daily trend line broken. i said it a couple of times already... from my point of view, we must assume we are in an uptrend until proven otherwise. and so far, i haven't seen any signs that a downtrend has begun.
yes, weekly chart suggest that a nice drop is coming. whether it will be only a retracement to 201 area or a continuation to below 192, remains to be seen. but we're talking about weekly chart and this takes a LOT of time to mature. do you dare taking trades on g-j using weekly chart??? i don't ... daily and 4h are enough for me.
here are the charts.
and by the way, london closed and pushed it higher. i don't think it will go below 212.40 until tomorrow...
211.50 to now was easy trading on the pullback on the daily...as you say daily trend line is intact.....buy the dips till that is broken
Blogging daily now at www.volume.zone
  • #105,874
  • Aug 6, 2008 12:22pm Aug 6, 2008 12:22pm
Quoting malcolmb14
Long off 211.50 , so far target 01 reached , moved stop to break even next target 212.5

target exceeded moved stop to 212.50
Blogging daily now at www.volume.zone
  • #105,875
  • Aug 6, 2008 12:23pm Aug 6, 2008 12:23pm
Quoting arezab
EJ looks good to short again but I'll wait for confirmation to open positions as the last low was not significantly lower than the previous one and because I see a head and shoulder formation with MACD on H4 chart.

So I suspect it may go higher than this up to 168.78 or so before down again May be a double top formation or something.

let's just wait and see ...

eurjpy may test 169.6 ... broke the downward trend line / channel , been long this one since 167.90
Blogging daily now at www.volume.zone
  • #105,876
  • Aug 6, 2008 12:29pm Aug 6, 2008 12:29pm
Quoting Piters
Short 213.40 // SL 213.80

TP1 ...212.44
TP2... 212.10
TP3 ... XXX
why?
  • #105,877
  • Aug 6, 2008 12:34pm Aug 6, 2008 12:34pm
Quoting Patrick.
why?
Scalping only.. one of the crazy trades.. SL is just 20-30pips above..


61,8 FIBO from 215.60, + 5sma High (daily) + 200ema(daily) ...finished

pins on 1h on UY + GY..

.. possible, retrace.. Targeting 50ema[1h], gann[1h]

if played GOOD, if not -> not a big deal: R:R is very good... from this point..
  • #105,878
  • Aug 6, 2008 12:34pm Aug 6, 2008 12:34pm
mornin pips or should i say afternoon...hmmm looks like GJ decided to bounce earlier than i predicted...oh well gives me an opportunity to add to my shorts...213.88 looking spicey...baby
  • #105,879
  • Aug 6, 2008 12:37pm Aug 6, 2008 12:37pm
one thing to consider with the gbp/jpy, daily chart has formed a rising wedge formation, which is a sign that the bulls are running out of steam and the bears are taking over, if price rises to the top trend line of this formation around the 217xx area, i believe this will be excellent territory for a short.
anyone agree?
  • #105,880
  • Aug 6, 2008 12:41pm Aug 6, 2008 12:41pm
On Sunday when Auslanco comeback, He forecasting scenario - going for month upper at 217,77 and then ... nobody believe him (Me too). Yesterday Scotty B in they own new thread say prise go to 215.52* (above ?)
http://www.forexfactory.com/showthre...33#post2147233
.

Now as Thomas apostle (Doubting) I'm trust this is possible.



---------
Sorry for my written English language.
Regards TomWo
53 traders viewing now