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Auslanco - GBP/JPY and GBP/USD (newstrade)

  • #135,661
  • Nov 13, 2008 2:41am Nov 13, 2008 2:41am
Quoting jon clogger
Here comes wave C late to the bull party. I may very well need some counseling after tonight.
irish cream..
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #135,662
  • Nov 13, 2008 2:42am Nov 13, 2008 2:42am
Quoting england33
irish cream..
  • #135,663
  • Nov 13, 2008 2:46am Nov 13, 2008 2:46am
Quoting dialpips
hi all. still a newbie. graduating to live trade from demo. i will appreciate it you masters could be more specific with tour postings, and possibly agree more directions. thnks.
Congrats on the Graduation! Do you have all of the Indicators that are needed to use the Auslanco and friends strategy?

Pleease install them since they will help when the discussion is hot and heavy!
  • #135,664
  • Nov 13, 2008 2:46am Nov 13, 2008 2:46am
Quoting rogerdoger
i waited 3 days for this.. i'm slowly drinking it. mmm
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #135,665
  • Nov 13, 2008 2:47am Nov 13, 2008 2:47am
this consolidation is good news for the bears

the QQE's are recovering but price is not going anywhere lol, once the QQE's are ready, we should see round 2 of karmo's tanking session
Trade what you see, not what you think.
  • #135,666
  • Nov 13, 2008 2:48am Nov 13, 2008 2:48am
Quoting dialpips
hi all. still a newbie. graduating to live trade from demo. i will appreciate it you masters could be more specific with tour postings, and possibly agree more directions. thnks.
I'll chime and say you might want to start off live with other pairs, GJ is one volatile pair.
  • #135,667
  • Nov 13, 2008 2:51am Nov 13, 2008 2:51am
Quoting karmostaji
this consolidation is good news for the bears

the QQE's are recovering but price is not going anywhere lol, once the QQE's are ready, we should see round 2 of karmo's tanking session
I love the way you think!
  • #135,668
  • Nov 13, 2008 2:55am Nov 13, 2008 2:55am
Quoting KirbyFX
I love the way you think!
Patience

I haven't closed any shorts, but tightend SL's and locked thousands of pips.
Trade what you see, not what you think.
  • #135,669
  • Nov 13, 2008 2:56am Nov 13, 2008 2:56am
Quoting karmostaji
this consolidation is good news for the bears

the QQE's are recovering but price is not going anywhere lol, once the QQE's are ready, we should see round 2 of karmo's tanking session
See the bear party still not over , join again here .

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #135,670
  • Nov 13, 2008 2:57am Nov 13, 2008 2:57am
goodmorning everyone....

man it takes me ages now to read the past posts where i left off. guys, plz stop posting BS....


anyway, this correction took a bit longer than i expected. i was expecting this to go down more during the asian session, but that session was plainly ranging.

we have a potential bear flag on the 15m chart. upper TL currently coinciding with m30's 50ema at 144.50, i'll add more shorts at around that area. already closed the short i had at the same area with good pips, and opened a new one at 143.50. i'm glad i did.

m15 still says ranging mode.
m30 has a good bearish HD.
1h is building a strong bearish HD.

all signaling continuation.

daily momentum was sharply pointing up, this correction was at no surprise. daily 5sma at 147, and 1h 50ema at 146, going there won't be a surprise either! not that i'm saying we WILL get there. but it's not out of question.

best thing to do right now is scalp, or wait. and if u're newbie swing trader waiting to enter, hold ur horses, u WONT miss the train, wait for a solid setup.
  • #135,671
  • Nov 13, 2008 2:58am Nov 13, 2008 2:58am
Quoting lilmoe
goodmorning everyone....

man it takes me ages now to read the past posts where i left off. guys, plz stop posting BS....


anyway, this correction took a bit longer than i expected. i was expecting this to go down more during the asian session, but that session was plainly ranging.

we have a potential bull flag on the 15m chart. upper TL currently coinciding with m30's 50ema at 144.50, i'll add more shorts at around that area. already closed the short i had at the same area with good pips, and opened a new one at 143.50. i'm glad i did.

m15...
were you sleeping with the bull last night?
Trade what you see, not what you think.
  • #135,672
  • Nov 13, 2008 3:00am Nov 13, 2008 3:00am
Quoting lilmoe
goodmorning everyone....

man it takes me ages now to read the past posts where i left off. guys, plz stop posting BS....
having a good time moe.. are we going to get limited posting in here for it?
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #135,673
  • Nov 13, 2008 3:02am Nov 13, 2008 3:02am
unless 140/141 is taken out, we're still in ranging mode.
140.20/40 area is key. it was the higher low made after we hit 139.
  • #135,674
  • Nov 13, 2008 3:02am Nov 13, 2008 3:02am
Quoting karmostaji
Patience

I haven't closed any shorts, but tightend SL's and locked thousands of pips.
Very nice very nice. That is why you are the master haha. I have a little patience in me right now. Netted a few hundred pips this morning and it's keeping me satisfied for now....
  • #135,675
  • Nov 13, 2008 3:03am Nov 13, 2008 3:03am
Quoting karmostaji
were you sleeping with the bull last night?

my bad, it's fixed now. it's a bear flag, duh

i was hoping to wake up to more green pips. but as soon as we a get a nice smooth move down, we're back to sloppy mode...
  • #135,676
  • Nov 13, 2008 3:05am Nov 13, 2008 3:05am
Quoting USTrader
Congrats on the Graduation! Do you have all of the Indicators that are needed to use the Auslanco and friends strategy?

Pleease install them since they will help when the discussion is hot and heavy!
thanks. but where do i get them. more, i'm using marketiva as a starter.
  • #135,677
  • Nov 13, 2008 3:05am Nov 13, 2008 3:05am
hey Lilmoe. wb.

am also waiting for the double top, 30m 50ema confluence to add shorts. hope we get there

Quoting lilmoe
my bad, it's fixed now. it's a bear flag, duh

i was hoping to wake up to more green pips. but as soon as we a get a nice smooth move down, we're back to sloppy mode...
  • #135,678
  • Nov 13, 2008 3:07am Nov 13, 2008 3:07am
small long @ 143.10

target DP
  • #135,679
  • Nov 13, 2008 3:07am Nov 13, 2008 3:07am
I see inverted H&S on 5m
What's that smell?
  • #135,680
  • Nov 13, 2008 3:07am Nov 13, 2008 3:07am
Quoting karmostaji
if u think the fall is big already

just wait, its gonna get worse... once the daily qqe crosses it will be a collapse n not tanking lol
karmo last time you said daily qqe will cross down. it did but when this happened price started to retrace up +2000 pips exactly at that point. I think this indicator lags for daily scale ... unless a very big fall happens this time.

I personally don't look at daily qqe cross down unless it happens above 50 level at the end of a bull market which is a sign of being aware of market wanting to start collapse.

JMHO
Discipline + Patience - Fear - Greed = Success
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