Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 7646 | 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)

  • #152,901
  • Jan 14, 2009 11:01am Jan 14, 2009 11:01am
If 130.50 is broken hard then 132.00 is the next stop .
Discipline + Patience - Fear - Greed = Success
  • #152,902
  • Jan 14, 2009 11:06am Jan 14, 2009 11:06am
Quoting arezab
If 130.50 is broken hard then 132.00 is the next stop .
cable is going to pull g/j down too. see 4h yesterday move
  • #152,903
  • Jan 14, 2009 11:22am Jan 14, 2009 11:22am
Quoting pepsi
I realy don't understand these sudden up moves?????????????????????????????????????????????

look to gbp for direction

the move off 129 fairly easy long .. gbp is in up trend 15 min for now
Blogging daily now at www.volume.zone
  • #152,904
  • Jan 14, 2009 11:24am Jan 14, 2009 11:24am
1 more and down she goes...
  • #152,905
  • Jan 14, 2009 11:28am Jan 14, 2009 11:28am
Quoting mirex
it did the exact same thing last night. look at g/u 4h yesterday, spike up to 4700 and then down 4490. it's wants to see a new low.

i've been up all night looking at it. same exact move. smart money is moving it the way they want. if you want to wait, you should see a spike down sortly to generate a pinbar and down it goes


OR it is accumualtion ... smart money just stops buying off the lows...
Blogging daily now at www.volume.zone
  • #152,906
  • Jan 14, 2009 11:30am Jan 14, 2009 11:30am
i'm very positive it wants to see new low. look at gann 4h, see how it stop cable from going up last night? it's doing the same thing, stopping cable from going up and it will drop.
  • #152,907
  • Jan 14, 2009 11:32am Jan 14, 2009 11:32am
Back up to test the 15m ema50. If it breaks this time, we're bullish.
  • #152,908
  • Jan 14, 2009 11:38am Jan 14, 2009 11:38am
Quoting mirex
i'm very positive it wants to see new low. look at gann 4h, see how it stop cable from going up last night? it's doing the same thing, stopping cable from going up and it will drop.

Gann is just an indicator ....it is not stopping GBP from doing anything ... the price of GBP will dtermine what GANN does as it is lagging... ALL indiactors are as they are a factor of price. Price will happen before the indicator is calculated. I use rsi or rsx and they are both lagging. Price action and volume are the only ' real time ' indicators

look to gbp futures and DX for further moves on gbpusd. The DX today has a doji on high volume = net sellers of USD after a no demand bar yesterday

GBP futures have inside bar forming on daily after high volume down day ( pros buy into weakness) .. the volume is fairly low though so will have to be patient to see if in fact this is a bottom reversal pattern or not
Blogging daily now at www.volume.zone
  • #152,909
  • Jan 14, 2009 11:45am Jan 14, 2009 11:45am
Quoting malcolmb14
Gann is just an indicator ....it is not stopping GBP from doing anything ... the price of GBP will dtermine what GANN does as it is lagging... ALL indiactors are as they are a factor of price. Price will happen before the indicator is calculated. I use rsi or rsx and they are both lagging. Price action and volume are the only ' real time ' indicators

look to gbp futures and DX for further moves on gbpusd. The DX today has a doji on high volume = net sellers of USD after a no demand bar yesterday

GBP futures have inside bar forming on daily after...
took me a long time to learm that, even with the so called "great" traders i had teaching me. very good advice
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #152,910
  • Jan 14, 2009 11:52am Jan 14, 2009 11:52am
1. I miss 200pips from my buy limit@ 129 and not reaching my TP
2. I lost almost 1.1K

Now I will make my last call of buy limit @ same like yesterday with 50lot size and TP@ 132 again...See what happen tomorrow..and now I put SL@127

To be honest I did not put any SL in all my trade..so today I was shooted by the worst ever my trade in this 2009 year...
  • #152,911
  • Jan 14, 2009 11:57am Jan 14, 2009 11:57am
this was really dengrouse

before the USD news like 11 mins my network card was DEAD suddenly !!!!!!!!!

and i was short @ 130.40 without stoploss

just now i changed my network card

i missed alot i could have gotten more profit but at least i didn't blow my account
  • #152,912
  • Jan 14, 2009 11:58am Jan 14, 2009 11:58am
Quoting msniper
this was really dengrouse

before the USD news like 11 mins my network card was DEAD suddenly !!!!!!!!!

and i was short @ 130.40 without stoploss

just now i changed my network card

i missed alot i could have gotten more profit but at least i didn't blow my account

i use auto stops all trades .... all kinds of things can happen
Blogging daily now at www.volume.zone
  • #152,913
  • Jan 14, 2009 12:00pm Jan 14, 2009 12:00pm
Quoting malcolmb14
Gann is just an indicator ....it is not stopping GBP from doing anything ... the price of GBP will dtermine what GANN does as it is lagging... ALL...
This is gold master but I think I've got to add "S/R levels" to your word just to suggest newcomers to remember them.

PA will become perfect when we look for them near S/R levels not anywhere. A collection of PA, Vol, S/R levels and of course a trained eye to spot them will do the job.
Discipline + Patience - Fear - Greed = Success
  • #152,914
  • Jan 14, 2009 12:02pm Jan 14, 2009 12:02pm
Quoting grashid
1. I miss 200pips from my buy limit@ 129 and not reaching my TP
2. I lost almost 1.1K

Now I will make my last call of buy limit @ same like yesterday with 50lot size and TP@ 132 again...See what happen tomorrow..and now I put SL@127

To be honest I did not put any SL in all my trade..so today I was shooted by the worst ever my trade in this 2009 year...
i wouldnt do that, wait for cable to break below 14500, then go down with her to the bottom, you will see your new gbpjpy price once cable is at the bottom.

i'm fraid your SL@127 might get taken out ...


look at it this way, cable goes up or down, either way, it's going to go far. wait for it to break then go in.
  • #152,915
  • Jan 14, 2009 12:03pm Jan 14, 2009 12:03pm
Quoting arezab
This is gold master but I think I've got to add "S/R levels" to your word just to suggest newcomers to remember them.

PA will become perfect when we look for them near S/R levels not anywhere. A collection of PA, Vol, S/R levels and of course a trained eye to spot them will do the job.

good point !!!

look at dp gu today ..... kept shorting off it .. was awesome
Blogging daily now at www.volume.zone
  • #152,916
  • Jan 14, 2009 12:06pm Jan 14, 2009 12:06pm
Quoting arezab
This is gold master but I think I've got to add "S/R levels" to your word just to suggest newcomers to remember them.

PA will become perfect when we look for them near S/R levels not anywhere. A collection of PA, Vol, S/R levels and of course a trained eye to spot them will do the job.
I agree 100% with you mate.

S/R as a targets ONLY.. (profit taking there) secure the trade...

BTW, Gann is a statistical value only,, an average of last High and lows... and a very OLD indicator, simillar to FIBOES, a lot of banks and Proffesionals are using, more then any MA...

GANN 10 is SMA[10] - High, and SMA[10]- Low.. that is the Gann channel, the PA always goes between those two lines... it is simple an average of it..
  • #152,917
  • Jan 14, 2009 12:10pm Jan 14, 2009 12:10pm
Quoting malcolmb14
good point !!!

look at dp gu today ..... kept shorting off it .. was awesome
All treasuries, Europe and US are in dire state .. this shall put Yen cross pairs into pressure. We would likely be seeing new low later on ..
  • #152,918
  • Jan 14, 2009 12:10pm Jan 14, 2009 12:10pm
Quoting malcolmb14
good point !!!

look at dp gu today ..... kept shorting off it .. was awesome
working from vertical line right

steady buying to 60 min candle vertical line on expanding vol = buyers

Up thrust was met with sellers ... it was on high volume. We know there aresellers at 1.4700.

The next 60 min candle was down on high volume into yesterdays lows.

The high vol down candle met with buyers off 1.4500 region (suggest pros buying in this zone)

Then lower volume test of market over 2 x 60 min candles

Then doji with high vol at lows ( net buyers again off 1.4500 level)

since then steady buying ( higher lows on 60 min ).

This whole bottom suggest GU going up a few hundred pips before she breaks 1.4500

Attached Image (click to enlarge)
Click to Enlarge Name: ym61.png Size: 114 KB
Blogging daily now at www.volume.zone
  • #152,919
  • Jan 14, 2009 12:13pm Jan 14, 2009 12:13pm
18:00 US FED: Stern Says Recession to Continue Another Two Quarters or More
Washington, Jan 14 2009 January 14 - Minneapolis Federal Reserve Bank
President Gary Stern said in comments today in Cedar Rapids, Iowa that the
current recession will likely continue for "at least another two quarters."
He attributes this to "real and pervasive" credit strains that "are likely
to weigh on economic activity for some time."
In keeping with the comments of several of his Federal Reserve colleagues --
including Chairman Ben Bernanke -- Stern expressed support for the fiscal
stimulus package that the incoming Obama Administration is pushing to Congress.
He says the package "seems likely to add to aggregate demand in a timely way
unless consumers and business turn exceedingly cautious."
The potential fiscal stimulus in addition to already low interest rates and
the natural adjustments that occur in a contraction lead Stern to believe that
"improvement is not too far off." Yet looking back to previous recessions, most
notably that of the early 1990s, recovery will likely "be subdued for a time."
He added that "in view of the state of the credit markets and of the housing
sector, it seems a fair bet that it will take time for momentum to build."
Specifically, Stern sees an overall resumption of healthy growth sometime
beginning in the middle of 2010.
Stern also addressed concerns over future inflation stemming from the Fed's
massive injection of liquidity into markets as well as talk of a deflationary
cycle. "Neither concern can be dismissed out of hand but, if economic growth
resumes in the United States as I expect, the threat of deflation should
diminish commensurately." Richmond Fed President Jeffrey Lacker in comments last
Friday also played down the risk of deflation.

[email protected]
tlm/wash/wash/wash
  • #152,920
  • Jan 14, 2009 12:14pm Jan 14, 2009 12:14pm
charts don't move here anymore??? what's happend, is today friday??
532 traders viewing now