Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 7244 | 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)

  • #144,861
  • Dec 1, 2008 3:03pm Dec 1, 2008 3:03pm
Quoting pipidiot
hunter does not seem to care which animal gets trapped as long as some meat is served
I prefer steaks...

Why did you name yourself as such??
  • #144,862
  • Dec 1, 2008 3:04pm Dec 1, 2008 3:04pm
Quoting forter
I prefer steaks...

Why did you name yourself as such??
lol
  • #144,863
  • Dec 1, 2008 3:06pm Dec 1, 2008 3:06pm
Quoting Dr.Geppynius
you got something messed up

smart money does not short a strong market. when weakness is spotted, market often gets marked up to short it then. this can take hours,days,weeks. when the market is strong, they would piss against the wind by shorting, which costs money.

but they want to sell at higher prices if they were accumulating a overall sell position

from my stock trading background this is often done in low liquidity times , drive the prices higher with a small position and then the retial player comes
in drives it higher and the smart money has left the building ( well they will collect their profit on their longs on an upthrust of the market at the top .. aka bull trap) , only to be waiting to sell the crap out of the market once the retial buyers dry up. When the pros step back in they step back in on the short side with 10 times the amount they were going long with. With all of the retial guys being long ( look at this Forum Thurs / Fri ) the downslope slide is that much more slippery
Blogging daily now at www.volume.zone
  • #144,864
  • Dec 1, 2008 3:13pm Dec 1, 2008 3:13pm
so how is this working for the current g-j situation ??? i thought we were about to see another push up from 140 area... i see all this madness instead.

Quoting malcolmb14
but they want to sell at higher prices if they were accumulating a overall sell position

from my stock trading background this is often done in low liquidity times , drive the prices higher with a small position and then the retial player comes
in drives it higher and the smart money has left the building ( well they will collect their profit on their longs on an upthrust of the market at the top...
Nihil Sine Deo.
  • #144,865
  • Dec 1, 2008 3:23pm Dec 1, 2008 3:23pm
Quoting Scrat
so how is this working for the current g-j situation ??? i thought we were about to see another push up from 140 area... i see all this madness instead.
yea, it caught me off guard too...sighs...
  • #144,866
  • Dec 1, 2008 3:23pm Dec 1, 2008 3:23pm
Quoting forter
I prefer steaks...

Why did you name yourself as such??
Oh, that's simple - i am truly an idiot, no point to deny that
  • #144,867
  • Dec 1, 2008 3:23pm Dec 1, 2008 3:23pm
Quoting Scrat
so how is this working for the current g-j situation ??? i thought we were about to see another push up from 140 area... i see all this madness instead.

not sure what is going on right now]

could be adverse reaction to gbp switching to euro news ....

need to see what Asia and London reaction is tonight

i am switching back to day trading mode.

I know for one thning a 1000 pip drop must have a retracement


i am switching to day trading mode and am enjoying the long and short side of the market right now
Blogging daily now at www.volume.zone
  • #144,868
  • Dec 1, 2008 3:25pm Dec 1, 2008 3:25pm
Quoting forter
OK, where is the piphunk?

what about pip-kebab?
  • #144,869
  • Dec 1, 2008 3:26pm Dec 1, 2008 3:26pm
Quoting lilmoe
what about pip-kebab?
lolol
  • #144,870
  • Dec 1, 2008 3:28pm Dec 1, 2008 3:28pm
Quoting lilmoe
what about pip-kebab?

138.86 lilmoe for a short ?
Blogging daily now at www.volume.zone
  • #144,871
  • Dec 1, 2008 3:29pm Dec 1, 2008 3:29pm
guys,gals & the rest,


from what i see on the daily, based on the 5pm ny close, this thing is not done yet. today was wide spread bar closing near the lows which in general is bearish, but the vol on that downbar compared to the last dips below 140 has decreased 10% and has the lowest vol of the last 8 trading days, even tough thursday and friday was, as we should assume, thinly traded. this adds the possiblity of strength.
this bar type in general could well be seen as a trap, since it is by design made to lock people out of the market, or lock people going long on friday into their bad position.

i might be wrong, but tomorrow's daily bar will give clarity. this whole day smells too trappish to me and could show that 139 might hold again and we see our 1000p rally.

cable bounced off of the daily chan utl, but closed above the daily tl, volume also speaks the same language as gj. i'm really much looking forward to tomorrows daily candle!
  • #144,872
  • Dec 1, 2008 3:31pm Dec 1, 2008 3:31pm
Quoting lilmoe
what about pip-kebab?
Oops...didn't know that pipchick is your chick. Pls don't make kebab out of me...
  • #144,873
  • Dec 1, 2008 3:32pm Dec 1, 2008 3:32pm
Quoting malcolmb14
138.86 lilmoe for a short ?

looks really tempting, lol... 5m 50ema...
  • #144,874
  • Dec 1, 2008 3:33pm Dec 1, 2008 3:33pm
Quoting forter
Oops...didn't know that pipchick is your chick. Pls don't make kebab out of me...


better watch out!
  • #144,875
  • Dec 1, 2008 3:35pm Dec 1, 2008 3:35pm
Quoting forter
Oops...didn't know that pipchick is your chick. Pls don't make kebab out of me...
Huh?
  • #144,876
  • Dec 1, 2008 3:35pm Dec 1, 2008 3:35pm
Quoting lilmoe


better watch out!
today's daily close could tend into the same direction as the cci 240 spotting
tomorrow tomorrow tomorro might give a hint, if we do not take out 138-124 overnight
  • #144,877
  • Dec 1, 2008 3:36pm Dec 1, 2008 3:36pm
Well...

we may have a situation we have had


a) at the end of september

or

b) mid july.

I`ll stick to my chart, but a small hint, may be the
weekly GBPCHF pattern
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gj1.gif Size: 16 KB
Click to Enlarge Name: gj2.gif Size: 17 KB
  • #144,878
  • Dec 1, 2008 3:37pm Dec 1, 2008 3:37pm
Quoting Dr.Geppynius
guys,gals & the rest,


from what i see on the daily, based on the 5pm ny close, this thing is not done yet. today was wide spread bar closing near the lows which in general is bearish, but the vol on that downbar compared to the last dips below 140 has decreased 10% and has the lowest vol of the last 8 trading days, even tough thursday and friday was, as we should assume, thinly traded. this adds the possiblity of strength.
this bar type in general could well be seen as a trap, since it is by design made to lock people out of the market,...
lol what do mean by the rest?
  • #144,879
  • Dec 1, 2008 3:37pm Dec 1, 2008 3:37pm
Quoting malcolmb14
138.86 lilmoe for a short ?
how about a long from 138.50? 1m 50ema?
  • #144,880
  • Dec 1, 2008 3:42pm Dec 1, 2008 3:42pm
Good night to All!! Dream about green pips
I'm leaving this unsure situation to the morning, then will see what next.

For now: Good luck and c'ya tomorow.
76 traders viewing now