Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 5915 | 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)

  • #118,281
  • Sep 30, 2008 10:26am Sep 30, 2008 10:26am
Quoting forexlion
till the time bullshit says down, i will never go long on GJ

i will go long only when bullshit says up

I am Also Short on GJ. Guess you can say I am following the bullshit
  • #118,282
  • Sep 30, 2008 10:31am Sep 30, 2008 10:31am
If UJ decides to cooperate, Free Fall babay!

B
  • #118,283
  • Sep 30, 2008 10:34am Sep 30, 2008 10:34am
All I need now is Patience

see you guys at 176 area in couple of days
Trade what you see, not what you think.
  • #118,284
  • Sep 30, 2008 10:51am Sep 30, 2008 10:51am
Quoting karmostaji
All I need now is Patience

see you guys at 176 area in couple of days
your posts said the same as my chart said when this pair was at 194 and that encourged me to take a short, and successfully added moreshorts at 1H 50sma, seems like this is the ticket for me original capital, keep the good work comming bro!
I recommend you read something else as this sentence is now concluded.
  • #118,285
  • Sep 30, 2008 10:51am Sep 30, 2008 10:51am
Quoting karmostaji
All I need now is Patience

see you guys at 176 area in couple of days
Hey karmo my daily qqe never crossed down did you say yours did
Price does what price wants , I just need to be prepared.
  • #118,286
  • Sep 30, 2008 10:54am Sep 30, 2008 10:54am
Quoting PJkiller
Hey karmo my daily qqe never crossed down did you say yours did
yes but then when price came back up a bit they uncrossed but by the end of todays daily candle it should be crossed down and confirmed.

The chart looks very bearish to me regardless.
Trade what you see, not what you think.
  • #118,287
  • Sep 30, 2008 10:55am Sep 30, 2008 10:55am
Quoting PJkiller
Hey karmo my daily qqe never crossed down did you say yours did
mine has
what parameter are you using?
  • #118,288
  • Sep 30, 2008 11:03am Sep 30, 2008 11:03am
well, i'm not that sure about 176 within the next couple of days; maybe in the medium term...
first let's see how this bailout deal goes.

Quoting karmostaji
All I need now is Patience

see you guys at 176 area in couple of days
Nihil Sine Deo.
  • #118,289
  • Sep 30, 2008 11:15am Sep 30, 2008 11:15am
Quoting karmostaji
All I need now is Patience

see you guys at 176 area in couple of days
That makes two of us in regards to patience. Look forward to seeing you around 176 area as well in a couple of days, if no surprises that is.
  • #118,290
  • Sep 30, 2008 11:17am Sep 30, 2008 11:17am
Quoting karmostaji
yes but then when price came back up a bit they uncrossed but by the end of todays daily candle it should be crossed down and confirmed.

The chart looks very bearish to me regardless.
If price go back UP then there will be no QQE crossed on daily.
4X is the biggest casino in the world...Open 24h Monday to Friday.
  • #118,291
  • Sep 30, 2008 11:20am Sep 30, 2008 11:20am
gbp/usd hr channel.

Incidentally the beauty of scalping on the 5 min chart is that it's so precise with a stop loss of 20 pips. My last scalp was a loss, but here's the thing, on most scalp trades if I am wrong, I've been able to reverse the trade and recover the loss and sometimes capture beauties like this drop, which more than covered the loss 3 times over.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 19 KB
  • #118,292
  • Sep 30, 2008 11:22am Sep 30, 2008 11:22am
There is even NO 1H QQE crosed down so be carefull with shorts.
4X is the biggest casino in the world...Open 24h Monday to Friday.
  • #118,293
  • Sep 30, 2008 11:31am Sep 30, 2008 11:31am
I am bullish in near future unless we break out the channel downside. Also, We still have inverse H/S pattern on GJ, 4hr qqe5 crossed up and hidden bullish divergence on 4hr too.
Attached Image (click to enlarge)
Click to Enlarge Name: GJ-093008-1230-4hr.jpg Size: 481 KB
Do not follow my trades. Trade what you see on your own charts.
  • #118,294
  • Sep 30, 2008 11:43am Sep 30, 2008 11:43am
Quoting GodfreyH
gbp/usd hr channel.

Incidentally the beauty of scalping on the 5 min chart is that it's so precise with a stop loss of 20 pips. My last scalp was a loss, but here's the thing, on most scalp trades if I am wrong, I've been able to reverse the trade and recover the loss and sometimes capture beauties like this drop, which more than covered the loss 3 times over.

I agreeo n gbpusd .. I lost 20 pips this morning only to go short and get it back plus some. GU is a nice pair to scalp.
Blogging daily now at www.volume.zone
  • #118,295
  • Sep 30, 2008 11:53am Sep 30, 2008 11:53am
So on this scalping - how many pips do you go for each time if you are only using a stp of 20?
  • #118,296
  • Sep 30, 2008 11:58am Sep 30, 2008 11:58am
Quoting gillybabe
So on this scalping - how many pips do you go for each time if you are only using a stp of 20?
40 - 50 , with stops of 20 , but you have to wait for right set up , I use rsi and a 33 sma
Blogging daily now at www.volume.zone
  • #118,297
  • Sep 30, 2008 12:07pm Sep 30, 2008 12:07pm
Quoting igmak
I am bullish in near future unless we break out the channel downside. Also, We still have inverse H/S pattern on GJ, 4hr qqe5 crossed up and hidden bullish divergence on 4hr too.
I'm not saying this to contradict ... just curious, that H/S on the 4 hour looks rather "sloppy" with that spike in the middle of it ... it is hard to see where are the shoulders .. I didn't know a pattern like that could still be counted as a valid H/S ??
  • #118,298
  • Sep 30, 2008 12:09pm Sep 30, 2008 12:09pm
Thank you Malcombe. Could you point me in the right direction to learn more about this way of trading in markets such as these?
  • #118,299
  • Sep 30, 2008 12:35pm Sep 30, 2008 12:35pm
Quoting gillybabe
Thank you Malcombe. Could you point me in the right direction to learn more about this way of trading in markets such as these?
there is not one way to scalp. Whatever you use on a higher time frame you just apply to a lower time frame.

I would rather scalp for 50 - 100 pips per day then swing trade any day.
Blogging daily now at www.volume.zone
  • #118,300
  • Sep 30, 2008 12:42pm Sep 30, 2008 12:42pm
Quoting malcolmb14
there is not one way to scalp. Whatever you use on a higher time frame you just apply to a lower time frame.

I would rather scalp for 50 - 100 pips per day then swing trade any day.
OK...you guys have me sold. I'm going to scalp with only 1 mini lot and see how I do.

B
289 traders viewing now