Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 7678 | 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)

  • #153,541
  • Jan 16, 2009 6:58am Jan 16, 2009 6:58am
Quoting mirex
when it goes back up, does it have similar effect like what we see now?

if so how come before i start analyzing vsa, when iw as idiotmoney, alot of time i see it goes and then bounce right off making me get the feeling it's reversing and i need to close? but yet now i see it move so perfectly in motion and very predictable?

what is the purpose of those bounce? just a bunch of protect order that smart money preventing it from going into the next range?
purpose? it is just orderflow. big money traders close out positions (partially) which means they sell + we can assume to have s/r traders and round number traders located at these areas. this makes market stall and go sideways. watch out for wide spread bars into new ground (nothing to the left during the last days/weeks) those bars are potential bars for smart money to step in and reverse the market since they can step in big against the move without getting bad prices. if then nobody else is in mood to buy and they judge market weak, the game continues to the other side and market seeks the next spot where orderblocks are located to stop the downmove.
  • #153,542
  • Jan 16, 2009 6:58am Jan 16, 2009 6:58am
the fib from 129.09 to 135.70 gives as possible retracements
23.6% 134.16
38.2% 133.16
.......
  • #153,543
  • Jan 16, 2009 6:59am Jan 16, 2009 6:59am
Quoting mirex
when it goes back up, does it have similar effect like what we see now?

if so how come before i start analyzing vsa, when iw as idiotmoney, alot of time i see it goes and then bounce right off making me get the feeling it's reversing and i need to close? but yet now i see it move so perfectly in motion and very predictable?

what is the purpose of those bounce? just a bunch of protect order that smart money preventing it from going into the next range?
sorry , still could not find vsa pdf
  • #153,544
  • Jan 16, 2009 7:07am Jan 16, 2009 7:07am
Quoting kilmanjaro
sorry , still could not find vsa pdf
give me a minute ill get it
  • #153,545
  • Jan 16, 2009 7:08am Jan 16, 2009 7:08am
Quoting marcb
the fib from 129.09 to 135.70 gives as possible retracements
23.6% 134.16
38.2% 133.16
.......
pfft! now you tell me, i close my order long order at like 134 ><
  • #153,546
  • Jan 16, 2009 7:09am Jan 16, 2009 7:09am
Quoting Dr.Geppynius
if we go down i expect stop hunt action before in form of pinbar.
your stp should at least be 135.55, more likely .85 if you short now.
Yes, cheers. Bit of a battle going on at the moment.
  • #153,547
  • Jan 16, 2009 7:11am Jan 16, 2009 7:11am
http://www.forexfactory.com/showpost...stcount=152003
Failure, is a wonderful teacher!
  • #153,548
  • Jan 16, 2009 7:12am Jan 16, 2009 7:12am
Quoting mike1349
http://www.forexfactory.com/showpost...stcount=152003
thank u
  • #153,549
  • Jan 16, 2009 7:16am Jan 16, 2009 7:16am
i dont see and reversal point here....just my tought

long is still valid
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gj.gif Size: 24 KB
Click to Enlarge Name: smallch2.gif Size: 83 KB
{Promotion Removed}
  • #153,550
  • Jan 16, 2009 7:17am Jan 16, 2009 7:17am
i see a price channel created from yesterday's up and it's about to reach it but yet price hasn't really gone anywhere?

does that mean it's going to break that channel and head down?

TIC coming out in 15 min, would this have much effect on geppy distribution move?
  • #153,551
  • Jan 16, 2009 7:26am Jan 16, 2009 7:26am
Closed shorts. I did not like the PA. Was taking too long to go down and any selling was met with buyers.
  • #153,552
  • Jan 16, 2009 7:34am Jan 16, 2009 7:34am
Quoting Dr.Geppynius
if we go down i expect stop hunt action before in form of pinbar.
your stp should at least be 135.55, more likely .85 if you short now.
I'm not sure this is the right spot to go short yet. This rally has been somehow strong, in my experience such strong movements will not end so soon.

The angles ares still sharp and corrections are small ... on the other hand there is no significant divergence on higher TF's to spot, only a slight classic one on 15M chart with RSI which could be deceiving as well as that pinbar on H1. BTW lower TF's are getting OS quickly ... price is still above 5M 50 EMA of sitting right on it.

Market could rise again up to 136 and my be higher as the last attempt for bulls before showing real weakness and sell pressure show up and turn the direction. Right now lower TFs are showing higher vol on down bars with no follow through even upbars with low vol covering those previous down bars ... this is a sign for the bulls still being active.

I'll wait untill 15M 50EMA is broken and will watch price action there. We need a close below 134.60 - 70 area to start thinking about shorts. Untill then no short for me.
Discipline + Patience - Fear - Greed = Success
  • #153,553
  • Edited 7:48am Jan 16, 2009 7:37am | Edited 7:48am
I believe it will u turn back to low which play around in between 135.16-133.66

Above 135.76 move to 136.67 or even higher @ 138.53 then 141.54
below 133.66 may seen 133.06 or even lower @130 area back..

now seen ranging between 135.15-134.7 area...but side way as i believe pros just watch and take a coffee for a moment

Why as I believe all news from 8.30am on will not encouraging and beside US anymore..so will impact the overshot movement in JPY time just now...to be become good for sell ...am just watch 2 sell lot of my 1 sen each to see how it reach lol
Attached Image (click to enlarge)
Click to Enlarge Name: Gu today.JPG Size: 143 KB
  • #153,554
  • Jan 16, 2009 7:59am Jan 16, 2009 7:59am
It's lacking upward momentum ( for the time being). As the market stalls, some unloading of longs is now due. Will watch PA...
  • #153,555
  • Jan 16, 2009 8:07am Jan 16, 2009 8:07am
Quoting riz79fx
i dont see and reversal point here....just my tought

long is still valid
Your system is quite simple and nice. It's advantage is that it is visually easy to spot a signal but I think if you incorporate PA in your system, you could enter those trades earlier and at much better price.

I see several entries you show on your chart to be one or two candles late, in fact you miss the main portion of a trend most of times when your system gives signal.

PA could be a reliable factor to decide about entries and exits for you, specially if you are trading H4 time frame.

JMHO
Discipline + Patience - Fear - Greed = Success
  • #153,556
  • Jan 16, 2009 8:08am Jan 16, 2009 8:08am
wait on NYSE [dow] opening..

BTW, GBP/CAD and goopher performed very nice today..
  • #153,557
  • Jan 16, 2009 8:14am Jan 16, 2009 8:14am
Quoting arezab
Your system is quite simple and nice. It's advantage is that it is visually easy to spot a signal but I think if you incorporate PA in your system, you could enter those trades earlier and at much better price.

I see several entries you show on your chart to be one or two candles late, in fact you miss the main portion of a trend most of times when your system gives signal.

PA could be a reliable factor to decide about entries and exits for you, specially if you are trading H4 time frame.

JMHO
you never say such lovely, heart warming things about my system
  • #153,558
  • Jan 16, 2009 8:16am Jan 16, 2009 8:16am
Quoting Dr.Geppynius
you never say such lovely, heart warming things about my system

LOL
  • #153,559
  • Jan 16, 2009 8:19am Jan 16, 2009 8:19am
Quoting arezab
Your system is quite simple and nice. It's advantage is that it is visually easy to spot a signal but I think if you incorporate PA in your system, you could enter those trades earlier and at much better price.

I see several entries you show on your chart to be one or two candles late, in fact you miss the main portion of a trend most of times when your system gives signal.

PA could be a reliable factor to decide about entries and exits for you, specially if you are trading H4 time frame.

JMHO
what is incorporate PA ? im never use it before...can u share it with me?

shame on me

p/s use S&R to enter the trade.
{Promotion Removed}
  • #153,560
  • Jan 16, 2009 8:19am Jan 16, 2009 8:19am
Quoting Piters
wait on NYSE [dow] opening..

BTW, GBP/CAD and goopher performed very nice today..
If you mean GBPCHF by Gopher, it's not. USDJPY is Gopher my friend. It's not your fault, some guys presented Gopher as GBPCHF here by mistake.

I've heard a new name called G.cheese or something which IMO fits better for that pair (cheese for Swiss cheese)
Discipline + Patience - Fear - Greed = Success
87 traders viewing now