Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 5820 | 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)

  • #116,381
  • Sep 21, 2008 11:59pm Sep 21, 2008 11:59pm
Quoting Eulogy
Karmo, welcome back, whats your trade and/or bias direction?
Thanks Eulogy, I haven't been trading for the past 5 days or so, was extremely sick.., I'll post my analysis in a bit
Trade what you see, not what you think.
  • #116,382
  • Sep 21, 2008 11:59pm Sep 21, 2008 11:59pm
Quoting pkimnyc
welcome back bro. how do you feel?
Hey bro, Thanks.. feeling much better
Trade what you see, not what you think.
  • #116,383
  • Sep 22, 2008 12:01am Sep 22, 2008 12:01am
Yo Karmo,

Hope you're feeling better bro, that subprime slime is contagious
Patience + Humility + Study = Success
  • #116,384
  • Sep 22, 2008 12:03am Sep 22, 2008 12:03am
where am i
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 9 KB
  • #116,385
  • Sep 22, 2008 12:05am Sep 22, 2008 12:05am
Ok I see last week got interesting by the end of the week, the Feds came out to play.
Price is currently in a nice bullish channel on the 1h chart, 193.50 area is a good S/R level, 1h 50ema and also the LT of the channel, and 4h gann hilo

If price gets there and starts bouncing a bit, I would take a long definitely and targeting Daily 50ema which is around 199 or so.

But if we get 4h QQE to cross down and a 4h candle closes below 4h gann, I'll go short

Other than that, I stay out

One more thing, Long-term I am bearish (noobs don't read this because malcolmb will start to lecture me, thank you)
Trade what you see, not what you think.
  • #116,386
  • Sep 22, 2008 12:06am Sep 22, 2008 12:06am
Quoting DutchTrader
Yo Karmo,

Hope you're feeling better bro, that subprime slime is contagious
Hey bro,

thanks, Hahahah I nearly went down with the banks, damn..
Trade what you see, not what you think.
  • #116,387
  • Sep 22, 2008 12:13am Sep 22, 2008 12:13am
I'd like to mention some other things,

Look at the 15m chart, we have a nice bullish flag
Look at the 1h QQE, price has moved 100-150 pips below 1h gann and the QQE is already very close to the 50 line, this is weak IMO and once it crosses back up and a 1h candle closes above the gann, bulls should resume the 1h trend.

If any kind of news comes out, everything might just be invalid.
Trade what you see, not what you think.
  • #116,388
  • Sep 22, 2008 12:17am Sep 22, 2008 12:17am
Quoting karmostaji
Ok I see last week got interesting by the end of the week, the Feds came out to play.
Price is currently in a nice bullish channel on the 1h chart, 193.50 area is a good S/R level, 1h 50ema and also the LT of the channel, and 4h gann hilo

If price gets there and starts bouncing a bit, I would take a long definitely and targeting Daily 50ema which is around 199 or so.

But if we get 4h QQE to cross down and a 4h candle closes below 4h gann, I'll go short

Other than that, I stay out

One more thing, Long-term I am bearish (noobs don't read this because malcolmb will start to lecture me, thank you)
aren't you going to wait 'till 1h QQE cross over 50 line? or a candle close is enough to confirm the signal ?
I recommend you read something else as this sentence is now concluded.
  • #116,389
  • Sep 22, 2008 12:17am Sep 22, 2008 12:17am
Quoting karmostaji
One more thing, Long-term I am bearish (noobs don't read this because malcolmb will start to lecture me, thank you)
Yep, I have been thoroughly lectured I've decided not to fight back anymore, he can keep beating me with his wet noodle, as long as my pips keep coming, I shall be content
  • #116,390
  • Sep 22, 2008 12:19am Sep 22, 2008 12:19am
Quoting forexlion
both are on ff itself
Thank You, What is the name of the 2nd indicator? Will do a search for it.
  • #116,391
  • Sep 22, 2008 12:26am Sep 22, 2008 12:26am
Quoting karmostaji
If any kind of news comes out, everything might just be invalid.
And there's the rub! I posted earler that any timeframe below the weekly is now subject to such wild fluctuations, we go above the gann, below the gann, back above ... so until the US financial mess stabilizes - which may be sometime in 2099 - probability for the longer term does not look good ... unless .... where's that crystal ball you had last week??

Below the 15' timeframe, GY is scalpable following the very short trends, but that is always a risky business especially when overall trend is in doubt.
  • #116,392
  • Sep 22, 2008 12:42am Sep 22, 2008 12:42am
Quoting karmostaji
Thanks Eulogy, I haven't been trading for the past 5 days or so, was extremely sick.., I'll post my analysis in a bit

Nice to see you back ..missed you buddie.
  • #116,393
  • Sep 22, 2008 12:44am Sep 22, 2008 12:44am
Quoting malcolmb14
hey Rob .. do you mind if I call you Rob .. lol

what you think gj is going to do next ?
lol, had to throw a joke in there...

anyway, 38.2 seemed tough for now, there's also a bearish flag visible on 1h and 4h charts. if we break 38.2 then 50% is the target at 200.2, else if the flag is broken downwards, we're going down... no bias yet.
  • #116,394
  • Sep 22, 2008 12:51am Sep 22, 2008 12:51am
Quoting lilmoe
lol, had to throw a joke in there...

anyway, 38.2 seemed tough for now, there's also a bearish flag visible on 1h and 4h charts. if we break 38.2 then 50% is the target at 200.2, else if the flag is broken downwards, we're going down... no bias yet.
dont you sleep bro !
I recommend you read something else as this sentence is now concluded.
  • #116,395
  • Sep 22, 2008 12:51am Sep 22, 2008 12:51am
Continue of my GJ 1h chart...

is it going up again or go down now? i think going down... not sure...
Attached Image
Lost...
  • #116,396
  • Sep 22, 2008 12:59am Sep 22, 2008 12:59am
Quoting Obaidah
dont you sleep bro !

man, i'm going to be having 25 people today for iftar, if i don't sleep now, i'm NOT going to sleep till tomorrow... but i CANT seem to sleep!!!
  • #116,397
  • Sep 22, 2008 1:08am Sep 22, 2008 1:08am
Quoting lilmoe
man, i'm going to be having 25 people today for iftar, if i don't sleep now, i'm NOT going to sleep till tomorrow... but i CANT seem to sleep!!!
I'm actually more surprised that you are able to stay awake now that Grannies ping ponging knitting club is out in force
  • #116,398
  • Sep 22, 2008 1:11am Sep 22, 2008 1:11am
ina anzelna fi layletalghadr
imam ali *
  • #116,399
  • Sep 22, 2008 1:13am Sep 22, 2008 1:13am
Quoting malcolmb14
OIL may be bid higher(110 plus)
charts are telling me the same, but the thing is, there's a lot of walls in the way. 1 major weekly TL that was broken the other week, and we might be heading for a retest, it's around 107 area. and 2 other daily TLs. now we MIGHT spike up to 111-112 (38.2) but i'm shorting there either way IF we do reach there. i'll start picking tops at 106.50 because there's a spider web of TLs there.

Attached Image (click to enlarge)
Click to Enlarge Name: oil_daily_tls.gif Size: 27 KB
  • #116,400
  • Sep 22, 2008 1:13am Sep 22, 2008 1:13am
Quoting Eulogy
I'm actually more surprised that you are able to stay awake now that Grannies ping ponging knitting club is out in force
someone shoot her plz
43 traders viewing now