Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 5950 | 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)

  • #118,981
  • Oct 3, 2008 11:21am Oct 3, 2008 11:21am
Quoting kinzu
almost went long on the small pull back

closed, they were only worth 20 pips...
  • #118,982
  • Oct 3, 2008 11:28am Oct 3, 2008 11:28am
Quoting mktjong
Whatever the case is, this morning bear trap was really predicted (don't want to boast however, sometimes it's quite clear printed in the chart). Double bottom on dailies, oversold 5 & 15 min macd. , I bought the dips. But surprising me was, it traded up beyond 188.
If I would to trade after the vote shall be selling the rallies, but for some please don't blindly follow it either. Just my opine ..
can't agree more.
  • #118,983
  • Oct 3, 2008 11:34am Oct 3, 2008 11:34am
Quoting mktjong
Whatever the case is, this morning bear trap was really predicted (don't want to boast however, sometimes it's quite clear printed in the chart). Double bottom on dailies, oversold 5 & 15 min macd. , I bought the dips. But surprising me was, it traded up beyond 188.
If I would to trade after the vote shall be selling the rallies, but for some please don't blindly follow it either. Just my opine ..
Cannot say how the market is going to react to this bail out i followed the voting 2 days back and the asian markets sharply sold off after it was aapproved by good margin 2 days back. UJ and GJ sold off in the night 2 days back .

Just wait and see.
  • #118,984
  • Oct 3, 2008 11:37am Oct 3, 2008 11:37am
Hi Scrat,

That may be the best one for free but this one alert when a pattern is developing and call a position to buy or sell...I don't have to watch the computer all day...

I used it several months ago for swing trade and it had drawdown..I decided about two weeks ago to use it as a scalping..I can average 200 or more pips trading several pairs targeting 20 pips based on the price movement article I posted a week ago. The accuracy for me so far is around 80-85%...I use it during the first two hours of London time and NY time opening because of the volume.. You can use it anytime but volume is important for price action.

The indicator you have is good if you like to draw the trendlines and S/R..I use that indicator before and it is good if you like to draw lines...I place orders outside the trendlines and target 20 pips average unless I see a strong trend for more..

Good Luck...





Quoting Scrat
ok, i have this one, which is free and it is the best i have ever seen so far. no copyrights issues.
enjoy!

p.s. you still have to figure out the box size for each timeframe. read the file inside the archive, or use the attached excel sheet.
[
  • #118,985
  • Oct 3, 2008 11:43am Oct 3, 2008 11:43am
Quoting TraderStar
I think you can start a thread for a paid indicator as long as you are not personally profiting from its purchase .. but for general discussion of it, I think that is OK. I would like such a thread as I have long been curious about this method.
been following this thread for close to 2 yrs now and one thing i know for sure , is that there are some pretty good analysts on the thread . my point therefore from experience is that it is always better to learn how to trade than be led by other traders analysis of the market . in other words ..... trade what u see .
  • #118,986
  • Oct 3, 2008 11:45am Oct 3, 2008 11:45am
Quoting iksh
Cannot say how the market is going to react to this bail out i followed the voting 2 days back and the asian markets sharply sold off after it was aapproved by good margin 2 days back. UJ and GJ sold off in the night 2 days back .

Just wait and see.
Hmm I wonder if GY will shoot up or down after the vote, well I guess we will see soon enough
  • #118,987
  • Oct 3, 2008 11:46am Oct 3, 2008 11:46am
Quoting lilmoe
closed, they were only worth 20 pips...
Did you go short at 188 ??
  • #118,988
  • Oct 3, 2008 11:50am Oct 3, 2008 11:50am
gbp/usd: Price encountered resistance at the daily 5-sma (orange line) creating a bearish divergence (5 min chart). We also have this bearish gartley on the hr chart, short from 1.7785, stop moved to +1
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 32 KB
Click to Enlarge Name: gbpusd2.gif Size: 27 KB
  • #118,989
  • Oct 3, 2008 11:50am Oct 3, 2008 11:50am
Voting to start anytime in next 10 minutes. Last speaker on the podium.

For those who asked how the debate was going and not following it
  • #118,990
  • Oct 3, 2008 11:52am Oct 3, 2008 11:52am
depending on how today ends ..... this could be a bullish engulfing candle on the daily with bullish divergence rsi.

This may be the turning point of gj back into 191 and it may now come not from uj but strength in gu , as the move up this morning was.

Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 18 KB
Blogging daily now at www.volume.zone
  • #118,991
  • Oct 3, 2008 11:54am Oct 3, 2008 11:54am
15 min or so after last speaker
Timing is everything
  • #118,992
  • Oct 3, 2008 11:57am Oct 3, 2008 11:57am
Quoting iksh
Voting to start anytime in next 10 minutes. Last speaker on the podium.

For those who asked how the debate was going and not following it
I am watching it as well, live on msnbc.com house minority leader just finished his speech. Not sure is voting now but still speech in progress
House speaker is speaking, madam Nancy Pelosie
  • #118,993
  • Oct 3, 2008 12:08pm Oct 3, 2008 12:08pm
Voting is in progress, a 15 min vote
Cool .. if u watch msnbc.com live it tallies the votes in front of the screen. So far Yea:83, Nay: 33
  • #118,994
  • Oct 3, 2008 12:12pm Oct 3, 2008 12:12pm
While a voting is taking place, they're voting for the changes they made to the bailout plan, not for the bailout plan itself. Although it is highly probable that if the changes pass the bail will pass too.
  • #118,995
  • Oct 3, 2008 12:13pm Oct 3, 2008 12:13pm
It's Yea:111, Nay: 43 .. lol..
Likely it's gonna pass..
  • #118,996
  • Oct 3, 2008 12:14pm Oct 3, 2008 12:14pm
What will happen to GJ when the bailout is passed? Shoot up?
Lost...
  • #118,997
  • Oct 3, 2008 12:16pm Oct 3, 2008 12:16pm
The House has begun a 15 minute period for voting on the bail out bill. There must be 218 votes to pass. Recall that the 15 minute rule can prove flexible, but if House leaders have done a good job counting votes, the vote board will close right on time.
  • #118,998
  • Oct 3, 2008 12:17pm Oct 3, 2008 12:17pm
Quoting worlhin
What will happen to GJ when the bailout is passed? Shoot up?
It depends how fast U/j will go UP and how fast cable will be tank
  • #118,999
  • Oct 3, 2008 12:17pm Oct 3, 2008 12:17pm
Quoting worlhin
What will happen to GJ when the bailout is passed? Shoot up?

liekly .. but not sure what effect bill will have on USD....the market has been moving up all morning ... if they do not approve we are going down very fast
Blogging daily now at www.volume.zone
  • #119,000
  • Oct 3, 2008 12:19pm Oct 3, 2008 12:19pm
CNBC is reporting that the vote currently underway in the US House of Representatives is on the Senate amendment. There will be a second vote in the amended bill.
74 traders viewing now