Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 5334 | 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)

  • #106,661
  • Aug 12, 2008 4:15pm Aug 12, 2008 4:15pm
Quoting metlife777
thank you!
that was sarcasm metlife. All you've done is post a chart, care to explain it?
  • #106,662
  • Aug 12, 2008 4:21pm Aug 12, 2008 4:21pm
Quoting metlife777
thank you!
seriously bro... this is a very classic retest of a broken neckline back at the top where u bought as someone here mentioned in addition to me and a BUNCH of good and reliable traders. not to mention lots of chart i posted on major rejections at that area... now if u're targeting 221 shouldn't u be waiting for a pullback at least? i see that u bought the top!!! why would u do that??

there were lots of indications of a 300+ pip pullback from that area, i'm sure u're good enough to know that since you're very confident in your analysis. something else, why don't u use stop loss??? or at least use a crossing system to force u out of a trade?

bro, i've seen people blow their accounts up big time because of these reasons.

let's say we DO get to 221 and 207.12 IS the bottom. that doesn't mean u made a classic mistake of buying a potential top...

having said that, that's only my opinion, and u might have your own system/strategy. but i personally wouldn't do that no matter how confident i was about my analysis.
  • #106,663
  • Aug 12, 2008 4:23pm Aug 12, 2008 4:23pm
Quoting metlife777
that is my timing calculation
what timing are you calculating?
FUBAR...
  • #106,664
  • Aug 12, 2008 4:25pm Aug 12, 2008 4:25pm
There is good support at 206.89 (rise from 192 at 38.2 FIB) and then 206 area (fall from 251 at 23.6 FIB level) so could be a bounce from here if not then down to 204 imo.
  • #106,665
  • Aug 12, 2008 4:28pm Aug 12, 2008 4:28pm
Broker decided we're having too good a time? Does anyone else have this bar on their eur/jpy charts? Gapped up about 80 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: euryen.gif Size: 28 KB
  • #106,666
  • Aug 12, 2008 4:30pm Aug 12, 2008 4:30pm
Quoting GodfreyH
Broker decided we're having too good a time? Does anyone else have this bar on their eur/jpy charts?
no godfrey, both onada and fxdd(demo) don't show that.
  • #106,667
  • Aug 12, 2008 4:30pm Aug 12, 2008 4:30pm
I show the same spike.
  • #106,668
  • Aug 12, 2008 4:31pm Aug 12, 2008 4:31pm
Quoting Agaden
I show the same spike.
InterbankFX?
  • #106,669
  • Aug 12, 2008 4:36pm Aug 12, 2008 4:36pm
Quoting lilmoe
seriously bro... this is a very classic retest of a broken neckline back at the top where u bought as someone here mentioned in addition to me and a BUNCH of good and reliable traders. not to mention lots of chart i posted on major rejections at that area... now if u're targeting 221 shouldn't u be waiting for a pullback at least? i see that u bought the top!!! why would u do that??

there were lots of indications of a 300+ pip pullback from that area, i'm sure u're good enough to know that since you're very confident in your analysis. something else, why don't u use stop loss??? or at least use a crossing system to force u out of a trade?

bro, i've seen people blow their accounts up big time because of these reasons.

let's say we DO get to 221 and 207.12 IS the bottom. that doesn't mean u made a classic mistake of buying a potential top...

having said that, that's only my opinion, and u might have your own system/strategy. but i personally wouldn't do that no matter how confident i was about my analysis.
I don't use stop loss because it is demo and I'm testing other indicators too;
btw is only very little fraction of my equity and I'm holding it just to add more now
that it's the test of other type of strategy, I made 400% in less then a month on demo, so I have enough equity to play without stop loss
  • #106,670
  • Aug 12, 2008 4:42pm Aug 12, 2008 4:42pm
Quoting GodfreyH
Broker decided we're having too good a time? Does anyone else have this bar on their eur/jpy charts? Gapped up about 80 pips.

Yup ... it shows it on my interbank .... bastards !
  • #106,671
  • Aug 12, 2008 4:43pm Aug 12, 2008 4:43pm
Quoting ak4x
what timing are you calculating?
that is a distribution law of quantum mechanics
  • #106,672
  • Aug 12, 2008 4:44pm Aug 12, 2008 4:44pm
Quoting GodfreyH
Broker decided we're having too good a time? Does anyone else have this bar on their eur/jpy charts? Gapped up about 80 pips.
No I don't see such a thing either. That's strange
Discipline + Patience - Fear - Greed = Success
  • #106,673
  • Aug 12, 2008 4:47pm Aug 12, 2008 4:47pm
Quoting lilmoe
i would say it's a 90% chance, since that level is 127.8 fibo and 100% was already broken. fibs placed from 207.98 low to 215.80 high.

new daily candle showing bearish momentum, and 4h candle showing bullish momentum.

i would say we might have a pullback to 208-208.50 then back down targeting 205-205.5

new DP at 208.34, which i think is a good place to add shorts IF we get there.
Dear,
why we don't go long from 207 TP 208 ???
  • #106,674
  • Aug 12, 2008 4:48pm Aug 12, 2008 4:48pm
Quoting GodfreyH
Broker decided we're having too good a time? Does anyone else have this bar on their eur/jpy charts? Gapped up about 80 pips.
godfrey, ibfx demo shows 80 pips ej spike only, no spikes on demo for eu or gu.

Live account shows 50 - 100 pip spikes on all 3. my guess is bad data feed, it happens. if it took out a trade, i'd call asap. it it worked for you, I'd expect them to adjust it... fxsol showed nothing at all on anything. i have a library of pip shots that show this. i think one of them is +200 pips on the 1m...
FUBAR...
  • #106,675
  • Aug 12, 2008 4:54pm Aug 12, 2008 4:54pm
Equities: Falling oil price not able to stop a retreat in US equities today as financials weigh too much on the negative side. SP500 and DJIA down ard 1.15 % at 1,290 and 11,646 respectively. Nasdaq100 down 0.15 % at 1,941 . Bank of America and Citigroup down about 6.5 % and JP Morgan closing 9.2% lower. GM adding to yesterday’s surge, the share up 3% making it the best performing bluechip today.

THIS IS A GOOD SIGN FOR CHANGING IN SENTIMENTS; bulls will run now
  • #106,676
  • Aug 12, 2008 4:55pm Aug 12, 2008 4:55pm
Quoting ak4x
godfrey, ibfx demo shows 80 pips ej spike only, no spikes on demo for eu or gu.

Live account shows 50 - 100 pip spikes on all 3. my guess is bad data feed, it happens. if it took out a trade, i'd call asap. it it worked for you, I'd expect them to adjust it... fxsol showed nothing at all on anything. i have a library of pip shots that show this. i think one of them is +200 pips on the 1m...
OK.
  • #106,677
  • Aug 12, 2008 4:56pm Aug 12, 2008 4:56pm
this is unbelievable. i don't see any reversal signs, not even on small timeframes.
i can't wait to cash these positions... +300pips each, as i post...
Nihil Sine Deo.
  • #106,678
  • Aug 12, 2008 4:57pm Aug 12, 2008 4:57pm
Quoting Scrat
this is unbelievable. i don't see any reversal signs, not even on small timeframes.
i can't wait to cash these positions... +300pips each, as i post...
cash out now!
  • #106,679
  • Aug 12, 2008 5:01pm Aug 12, 2008 5:01pm
well the spike may be legit.... godfrey, better read this.. from the eu thread, and anyone else with spike issue...

http://www.forexfactory.com/showpost...ostcount=19969
FUBAR...
  • #106,680
  • Aug 12, 2008 5:02pm Aug 12, 2008 5:02pm
this is unbelievable. i don't see any reversal signs, not even on small timeframes.
i can't wait to cash these positions... +300pips each, as i post...
Nihil Sine Deo.
31 traders viewing now