Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 5780 | 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)

  • #115,581
  • Sep 18, 2008 1:59pm Sep 18, 2008 1:59pm
Quoting malcolmb14
yup seems that 190 seems to be working nicely , moved stop +20 last trade...

191 target... if we break 190.6

191 here we come

.. maybe 191.20
Blogging daily now at www.volume.zone
  • #115,582
  • Sep 18, 2008 2:01pm Sep 18, 2008 2:01pm
Quoting steelhead
Not the time of day to be trading. Its the time of day to get away from charts and enjoy life. No reason to jump in font of a moving train.

The gj is in no mans land right now. No reason to trade to either side at this time

not sure what time frames you trade ... me 100 tick , 3 min and 5 min charts

ym , uj and gu also followed

could also sense from that news out of Uk that we would get rally in afternoon / deadcat bounce.. as soon as it came out YM jumped 200 points and did not really retrace .. I felt that gj was going up and ym touching 10800 by end of day

there fore .. no mans land .. looks like it .. but in reality buyers land.

I an a scalper .. this is what I do .. all I need is an understanding of the markets and a 50 pips range
Blogging daily now at www.volume.zone
  • #115,583
  • Sep 18, 2008 2:02pm Sep 18, 2008 2:02pm
to be broken
Attached Image (click to enlarge)
Click to Enlarge Name: thin end of wedge.gif Size: 26 KB
Timing is everything
  • #115,584
  • Sep 18, 2008 2:02pm Sep 18, 2008 2:02pm
intervention intervention intervention. keeping GJ from falling. well lets wait and see. 4hr 5o is support that needs to break so is 1hr 50
Attached Images
  • #115,585
  • Sep 18, 2008 2:03pm Sep 18, 2008 2:03pm
Quoting malcolmb14
191 here we come

.. maybe 191.20
moved stop to 191... may be 191.5 test
Blogging daily now at www.volume.zone
  • #115,586
  • Sep 18, 2008 2:04pm Sep 18, 2008 2:04pm
stopped out 4 100pips
  • #115,587
  • Sep 18, 2008 2:06pm Sep 18, 2008 2:06pm
Quoting malcolmb14
moved stop to 191... may be 191.5 test

well 191.45 out was ok .... that was a nice little trade
Blogging daily now at www.volume.zone
  • #115,588
  • Sep 18, 2008 2:08pm Sep 18, 2008 2:08pm
Quoting ephisi
dis is why i remain bullish. Guys sell so i cna buy at 4hr 50.

Karmo what do u think. 4hr 50 coinsided with 4hr 5sma. it acted as resistance yesterday. it shoul act as support 2day. Already did

i lost dis time. iGJ has been buying of 4hr 50ema all day. i wait for d next oipportunity. No shorts till 4hr 5o broken then retested. dfall will be sweet.
  • #115,589
  • Sep 18, 2008 2:10pm Sep 18, 2008 2:10pm
Quoting malcolmb14
well 191.45 out was ok .... that was a nice little trade

i dont know what made me think 4hr 50 would break so easily
  • #115,590
  • Edited 2:13pm Sep 18, 2008 2:11pm | Edited 2:13pm
YM has rallied 400 points ... that is 400 poiints off the low of today and is closing on a reversal bar on daily


gj shorts at least move the stops down to break even

mrsniper you just gave away your 160 pips profit and more later tonight if you did not do that

this is strange volatile markets we are going through ... at least take profits off the table when they are there in a good amount . 160 is good .

always remember A TRADER NEVER WENT BROKE TAKING A PROFIT
Blogging daily now at www.volume.zone
  • #115,591
  • Sep 18, 2008 2:17pm Sep 18, 2008 2:17pm
mmm


1-2-3 buy on 4 hour

break out 192 takes us to 193.2 and 196

Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 19 KB
Blogging daily now at www.volume.zone
  • #115,592
  • Sep 18, 2008 2:22pm Sep 18, 2008 2:22pm
is working on a type of RTC entity to take all the bad debt off bank and brokerage balance sheets...It would represent a massive increase in US taxpayer exposure, but could also signify the beginning of the end of the credit crisis.
[
  • #115,593
  • Sep 18, 2008 2:26pm Sep 18, 2008 2:26pm
Quoting rgitt05
is working on a type of RTC entity to take all the bad debt off bank and brokerage balance sheets...It would represent a massive increase in US taxpayer exposure, but could also signify the beginning of the end of the credit crisis.


that is unreal

ym has moved 500 points this afternoon ... insane

in this market you have to expect the unexpected. I see loads of traders still married to 180 zone.

the fact that gold went up $100 yesterday and gj went up ... should have indicated something was up , and with that bullish divergence not yet broken ....

gann theory says something tested 4 time gets broken ... we are testing 191
Blogging daily now at www.volume.zone
  • #115,594
  • Sep 18, 2008 2:27pm Sep 18, 2008 2:27pm
This wasn’t supposed to happen!
Money market funds were supposed to be one of the safest places you could ever put your money.
By law, most money market funds can only invest in prime, short-term securities, including commercial paper (IOUs) issued by our nation’s strongest institutions.
That means the $1 per share you pay to buy into the fund is never supposed to fall in value. You can sleep at night, knowing that, while your yield might fluctuate, your principle is as safe as a babe in its mother’s arms.
Or at least that’s what investors believed when they put their money into the $57 billion Reserve Primary Fund.
Yesterday, Reserve Primary’s investors suddenly discovered that they were wrong. And today, those investors are wondering what hit them.
How could this have happened? How could a money market fund’s shares actually decline in value?
Simple: Reserve Primary had followed the rules; investing much of its assets in prime commercial paper, including paper issued by Lehman Brothers, one of America’s oldest, largest staunchest and most respected financial institutions.
But when Lehman crashed and burned Monday, Reserve Primary Fund had to write down $785 million in Lehman paper and the value of Reserve Primary’s shares plunged below $1. Treasury-only money market funds, which invest exclusively in short-term U.S. Treasury securities or equivalent, were not effected at all. But for the rest of the money fund’s industry, what hit Reserve Primary Fund was a tragic event called “Breaking the Buck.” Now ...

The losses Reserve Primary’s investors
suffered are NOTHING
compared to what we see happening now ...

Seconds after the Reserve Primary bombshell hit the news wires, the world’s money market funds began dumping commercial paper with both hands, stampeding into one of the only truly safe havens left: U.S. treasuries, which are backed by the full faith and credit of our government.
And now, the panic is spreading. Not only are money market funds selling commercial paper like crazy; they’re refusing to buy more.
Result: Corporations needing to sell those short-term IOUs to finance their day-to-day operations will soon be starving for cash; forced to burn through their own strategic reserves to survive.

And for those who don’t have enough cash,
there may be only one thing left to do:
Make a beeline for the nearest bankruptcy court
and take a number!

The problem is, U.S. corporations are anything but cash rich these days. The slowing economy, rising raw material prices and tightening credit already have them desperately clinging to the ropes ... hoping against hope they’ll be lucky enough to survive.
Now, with the commercial paper market drying up, many of those companies could find it next to impossible to get the short term financing they so desperately need.
If that’s the case, they’ll have to burn through their cash reserves to finance their operations and, when the cash runs out, they’ll have no choice but to close up shop, wish their former employees well and fade away.
This is the straw that could break the back of scores of America’s largest, household-name companies. This is the round-house right hook that could quickly kill millions of jobs and drive unemployment to depression-era levels.
And for you, quite simply, this could mean that ...

This could well be THE defining moment
of your entire investing career.

We’ve warned you about the dangers in real estate, construction and financial stocks almost daily for more than three years now.
For the past few months, we’ve warned you that this great contagion was about to spread far beyond Wall Street to Main Street.
And this week, we even held an hour-long online Crisis Briefing entitled Plague to Pandemic to show you how to protect your wealth before it’s too late ... and to tell you about investments and strategies that can multiply your wealth when these weak companies fail.
Now, there’s no time to hesitate. It’s clear to me that we are now teetering on the brink of the greatest losses investors have suffered in decades.
BUT, if you own the investments that explode in value when stocks fall, you’re within arm’s reach of the greatest profit potential any of us have ever seen.

Our Crisis Briefing — Plague to Pandemic —
could be showing you how to protect your wealth
and how to USE this crisis to go for huge profits right now!

In fact, tens of thousands of investors are already using the startling revelations and recommendations we delivered to help insulate their wealth and profit in the next phase of this great credit crisis!
We answered the most pressing questions you have now about how the disaster at Lehman Brothers — in the wake of the great Fannie-Freddie bailout — will impact the stocks, bonds, mutual funds and ETFs you own:

  1. Will the crisis at Lehman set off a chain reaction of failures on Wall Street? Or can it be contained?
  2. What about the Fannie-Freddie bailout? Will it really save the housing market? Is it time to pick up historic bargains in real estate and real estate stocks? Or should you continue avoiding them like the plague?
  3. What about companies whose survival depends on the souring commercial real estate, sinking credit cards and other defaulting loans that are not getting a penny out of this bailout?
  4. U.S. retailers and manufacturers are ALSO not getting bailed out. What will happen to them?

Plus, gave you clear, unhedged ACTIONABLE recommendations to help protect your wealth and profit as this credit crisis continues to spread — including ...

  1. Our list of the widely held stocks you shouldn’t touch with a ten-foot pole now; shares that are sitting ducks for massive declines.
  2. Hard evidence that diseased lenders are now dooming the sales and earnings of many of America’s most widely held companies.
  3. The sectors that are already feeling the pain and that are most likely to be crushed first.
  4. Investment vehicles and strategies that fit this new environment hand-in-glove and that offer you huge profit potential as the weakest stocks crater.

Martin D. Weiss, Ph.D.

[
  • #115,595
  • Sep 18, 2008 2:30pm Sep 18, 2008 2:30pm
i just went back to see what went wrong on that last trade.
i went wrong. i just got back from my nap and didnt do much analyses and went short without looking at d lower timeframe.

i went short at the red horizontal line. obviously we hade a divergence and Gj nwas trending up on d 15mins TF. i didnt check it.

i hate to stay away, form d charts for to long.

daily should close above daily 5sma and possibly daily gann.

YM is up ove 300points with all d short sellers restriced and the RTC issue.

i expect asia to be bullish.
waiting for new daily candle. i will lookout for a daily 5sma retracement to go long
Attached Image
  • #115,596
  • Sep 18, 2008 2:32pm Sep 18, 2008 2:32pm
Monthly chart...However, I'm scalping the 30 pips at a time..Waiting for my 192.00 for confirmation breakout to hit the upper channel on the daily chart in the area possible 197.00 where the gap is not fill..



Quoting malcolmb14
that is unreal

ym has moved 500 points this afternoon ... insane

in this market you have to expect the unexpected. I see loads of traders still married to 180 zone.

the fact that gold went up $100 yesterday and gj went up ... should have indicated something was up , and with that bullish divergence not yet broken ....

gann theory says something tested 4 time gets broken ... we are testing 191
[
  • #115,597
  • Sep 18, 2008 2:32pm Sep 18, 2008 2:32pm
Quoting ephisi
i just went back to see what went wrong on that last trade.
i went wrong. i just got back from my nap and didnt do much analyses and went short without looking at d lower timeframe.

i went short at the red horizontal line. obviously we hade a divergence and Gj nwas trending up on d 15mins TF. i didnt check it.

i hate to stay away, form d charts for to long.

daily should close above daily 5sma and possibly daily gann.

YM is up ove 300points with all d short sellers restriced and the RTC issue.

i expect asia to be bullish.
waiting for new daily candle. i will lookout for a daily 5sma retracement to go long

all traders should do this go back and look at what wetn wrong. It is a very important thing to do

I was told this is no mans land and this was no time for day trading ....lol
Blogging daily now at www.volume.zone
  • #115,598
  • Sep 18, 2008 2:34pm Sep 18, 2008 2:34pm
Quoting rgitt05
Monthly chart...However, I'm scalping the 30 pips at a time..Waiting for my 192.00 for confirmation breakout to hit the upper channel on the daily chart in the area possible 197.00 where the gap is not fill..


I am thinking 185 was it .... there is now a hidden bullish divergence on the rsi... but this month is not doen yet
Blogging daily now at www.volume.zone
  • #115,599
  • Sep 18, 2008 2:36pm Sep 18, 2008 2:36pm


Quoting malcolmb14
all traders should do this go back and look at what wetn wrong. It is a very important thing to do

I was told this is no mans land and this was no time for day trading ....lol
[
  • #115,600
  • Sep 18, 2008 2:39pm Sep 18, 2008 2:39pm
It is still trending downward..



Quoting malcolmb14
I am thinking 185 was it .... there is now a hidden bullish divergence on the rsi... but this month is not doen yet
[
25 traders viewing now