Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 7375 | 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)

  • #147,481
  • Dec 9, 2008 2:53am Dec 9, 2008 2:53am
Quoting PandoraBox
If movement down run smoothly we might see 200 ~ 300 pips down.
Whilst I agree with your comment, with respect, the major problem with any chart over 1 hour is that with all of the different brokers working in different time zones, we get different candles on any chart above the hourly TF.

I have 4 different brokers 4 hour charts open and only one has a similar candle to yours......thus IMO its best not to put too much weight on actual candles on ant charts over the hourly.....even the dailys can have considerable differences....
Trading Levels with WRBs
  • #147,482
  • Dec 9, 2008 2:57am Dec 9, 2008 2:57am
Quoting PandoraBox
If movement down run smoothly we might see 200 ~ 300 pips down.
im not sure if its doji
  • #147,483
  • Dec 9, 2008 2:58am Dec 9, 2008 2:58am
Chart re my prior post....
Attached Image (click to enlarge)
Click to Enlarge Name: gj 4 hr dec 9 0800.gif Size: 11 KB
Trading Levels with WRBs
  • #147,484
  • Dec 9, 2008 3:01am Dec 9, 2008 3:01am
may be down trend
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy4.jpg Size: 97 KB
  • #147,485
  • Dec 9, 2008 3:07am Dec 9, 2008 3:07am
Quoting Islander
Whilst I agree with your comment, with respect, the major problem with any chart over 1 hour is that with all of the different brokers working in different time zones, we get different candles on any chart above the hourly TF.

I have 4 different brokers 4 hour charts open and only one has a similar candle to yours......thus IMO its best not to put too much weight on actual candles on ant charts over the hourly.....even the dailys can have considerable differences....
That is one major problem in trading forex.
  • #147,486
  • Dec 9, 2008 3:11am Dec 9, 2008 3:11am
Quoting Islander
Chart re my prior post....
Yup diffrent candle....
  • #147,487
  • Dec 9, 2008 3:33am Dec 9, 2008 3:33am
Nasty price action. Scalping tonight was about as much fun as sticking my hand in a hornets nest.

No, I would have rather stuck my hand in a hornets nest.
What's that smell?
  • #147,488
  • Dec 9, 2008 3:37am Dec 9, 2008 3:37am
Quoting PandoraBox
That is one major problem in trading forex.
I guessed that you were already aware of the problem - my post was just to bring it to the attention of newer traders who were not aware....http://www.forexfactory.com/images/icons/icon12.gif
Trading Levels with WRBs
  • #147,489
  • Dec 9, 2008 3:41am Dec 9, 2008 3:41am
Quoting capetown
Hello Lilmoe,
happy holidays..
it is very interesting for me to watch Your holidays on TV, in our news showing millions of people coming to Mekka..amazing for me.
again happy holidays
thanks bro. happy holidays to you too
  • #147,490
  • Dec 9, 2008 3:44am Dec 9, 2008 3:44am
PA is very difficult to read today..
in my chart we crossed Gann on 4H chart...I really need more patience to go more down..but this UP, DOWN game around 136,50 is getting on my " head system".
  • #147,491
  • Dec 9, 2008 3:45am Dec 9, 2008 3:45am
good morning all.

4h bearish HD first target was reached at 4h gann. closed another portion of my shorts there.

for more downside now, we need to close below 136, or rather a close below 4h gann.

hope most of u caught that move down...
  • #147,492
  • Dec 9, 2008 3:47am Dec 9, 2008 3:47am
hi everyone, happy eid el,
pls who can explain the last 5 candles on 15m chart. its a bit confussing.

thanks.
  • #147,493
  • Dec 9, 2008 3:58am Dec 9, 2008 3:58am
exactly...
136,00 needs to break to go more down
[quote=lilmoe;2405801]good morning all.

4h bearish HD first target was reached at 4h gann. closed another portion of my shorts there.
  • #147,494
  • Dec 9, 2008 4:01am Dec 9, 2008 4:01am
Quoting capetown
PA is very difficult to read today..
in my chart we crossed Gann on 4H chart...I really need more patience to go more down..but this UP, DOWN game around 136,50 is getting on my " head system".
we will eventually go down. 136 is strong support and also a 61.8 fibo.

1h bullish HD was broken, and 1h cci is below the -100 line.

our next level of support is 134.75
  • #147,495
  • Dec 9, 2008 4:05am Dec 9, 2008 4:05am
Quoting lilmoe
we will eventually go down. 136 is strong support and also a 61.8 fibo.

1h bullish HD was broken, and 1h cci is below the -100 line.

our next level of support is 134.75
Lilmoe, How do you determine the bullish hd has broken? Thx!
  • #147,496
  • Dec 9, 2008 4:23am Dec 9, 2008 4:23am
Quoting lilmoe
we will eventually go down. 136 is strong support and also a 61.8 fibo.

1h bullish HD was broken, and 1h cci is below the -100 line.

our next level of support is 134.75
Love your system lilmoe!
  • #147,497
  • Dec 9, 2008 4:24am Dec 9, 2008 4:24am
Quoting Skyhawks
Lilmoe, How do you determine the bullish hd has broken? Thx!
Skyhawks...when the previous lo is broken I believe.
  • #147,498
  • Dec 9, 2008 4:33am Dec 9, 2008 4:33am
Quoting Skyhawks
Lilmoe, How do you determine the bullish hd has broken? Thx!
oops, sorry it wasn't broken yet. i meant to say it's ABOUT to be broken. the last low on the 1h chart is 136. if we go below that low it mean we have a lower low in a chart, bearish div would be broken.
  • #147,499
  • Dec 9, 2008 4:35am Dec 9, 2008 4:35am
Quoting PipChick
Love your system lilmoe!
glad it's making pips for ya sugar
  • #147,500
  • Dec 9, 2008 4:36am Dec 9, 2008 4:36am
Quoting lilmoe
glad it's making pips for ya sugar
So easy to snag 700 pips in a 200 pip run. You da man!
531 traders viewing now