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

  • #154,821
  • Jan 22, 2009 2:17am Jan 22, 2009 2:17am
Quoting mirex
k, i'll have one, where can i buy it? lol ><
where are u short from, looks like we are still in range mode.
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #154,822
  • Jan 22, 2009 2:18am Jan 22, 2009 2:18am
Quoting moneymagnet
where are u short from, looks like we are still in range mode.
i'm out, waiting for karmo to call 911, hehe
  • #154,823
  • Jan 22, 2009 2:18am Jan 22, 2009 2:18am
Quoting Petefaders
I dont see gann on your chart. Gann is an indicator that creates it's own line. What you are drawing are just trend lines.
Ah ok.. you're talking about this ?

http://forex-strategies-revealed.com...hilo-activator
  • #154,824
  • Jan 22, 2009 2:19am Jan 22, 2009 2:19am
if that trendline it just created hold, i might go in a small long with tight stop loss since they are still running back and forth trying to decide where to go
  • #154,825
  • Jan 22, 2009 2:20am Jan 22, 2009 2:20am
Quoting botadufig05
Please which one usually comes first? the close above/below Gann or QQE crossing? Because i noticed that QQE already crossed on 4hrs.

I will also like to know if you will be going long if 4hrs close above Gann, even though price is below daily Gann. Thanks
4h QQE has crossed upwards but price has not been able to close above 4h gann, this is an indication of bearish continuation, the confirmation will be once the 1h QQE crosses down and we get a 1h candle close below the gann.

I'll go long once I see a valid 4h auslanco long signal, otherwise shorting rallies.
Trade what you see, not what you think.
  • #154,826
  • Jan 22, 2009 2:22am Jan 22, 2009 2:22am
Quoting mirex
btw, what's the logic/math behind gann anyway?

wonder if the reverse is true also. for example, 4hr gann is above (support) so if we reverse the formula, would it have a 4hr gann(resistant?) lol
4h gann does act as support/resistance
Trade what you see, not what you think.
  • #154,827
  • Jan 22, 2009 2:23am Jan 22, 2009 2:23am
Price is not even above 1h 50ema, I wouldn't be thinking of long but that's just me.

Good luck all.
Trade what you see, not what you think.
  • #154,828
  • Jan 22, 2009 2:32am Jan 22, 2009 2:32am
Quoting karmostaji
Price is not even above 1h 50ema, I wouldn't be thinking of long but that's just me.

Good luck all.
look like everyone is here, just missing dr geppy, hehe

someone call and wake him up?
  • #154,829
  • Jan 22, 2009 2:35am Jan 22, 2009 2:35am
Quoting karmostaji
Price is not even above 1h 50ema, I wouldn't be thinking of long but that's just me.

Good luck all.
assuming price close right there at 123.30, do you wait for it to retrace back to 1hr 5sma to sell or just sell as long as momentum is pointing down?
  • #154,830
  • Jan 22, 2009 2:38am Jan 22, 2009 2:38am
Quoting mirex
assuming price close right there at 123.30, do you wait for it to retrace back to 1hr 5sma to sell or just sell as long as momentum is pointing down?
if 1h closes below 1h gann and the 1h QQE crosses down, then the ideal entry would be to wait for a retrace to 1h 5sma, u could also look at 30m or even 15m and once it retraces to 5sma, u could enter and make sure you use a SL, I would place it above 1h gann.
Trade what you see, not what you think.
  • #154,831
  • Jan 22, 2009 2:55am Jan 22, 2009 2:55am
Karmo.>> Big Man!

How are u buddy , just came back from morour trying to talk the officers not to impound my car hehe.. now i need to raise funds for the fines .. lol

Have a great day everyone
  • #154,832
  • Jan 22, 2009 2:56am Jan 22, 2009 2:56am
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #154,833
  • Jan 22, 2009 2:58am Jan 22, 2009 2:58am
Quoting karmostaji
4h QQE has crossed upwards but price has not been able to close above 4h gann, this is an indication of bearish continuation, the confirmation will be once the 1h QQE crosses down and we get a 1h candle close below the gann.

I'll go long once I see a valid 4h auslanco long signal, otherwise shorting rallies.

Thanks bro
  • #154,834
  • Jan 22, 2009 2:59am Jan 22, 2009 2:59am
Quoting karmostaji
if 1h closes below 1h gann and the 1h QQE crosses down, then the ideal entry would be to wait for a retrace to 1h 5sma, u could also look at 30m or even 15m and once it retraces to 5sma, u could enter and make sure you use a SL, I would place it above 1h gann.

QQE cross down as in the blue line and the black dott'ed line cross each other and the blue line pointing down?

still only on first few page of your thread, trying to study it in between trading, hehe
  • #154,835
  • Jan 22, 2009 3:04am Jan 22, 2009 3:04am
Quoting zoheir
Karmo.>> Big Man!

How are u buddy , just came back from morour trying to talk the officers not to impound my car hehe.. now i need to raise funds for the fines .. lol

Have a great day everyone
Hi Zoheir

I'm doing great thanks, how about yourself? lol Drive slowly and stay safe..
Trade what you see, not what you think.
  • #154,836
  • Jan 22, 2009 3:04am Jan 22, 2009 3:04am
Quoting karmostaji
4h QQE has crossed upwards but price has not been able to close above 4h gann, this is an indication of bearish continuation, the confirmation will be once the 1h QQE crosses down and we get a 1h candle close below the gann.

I'll go long once I see a valid 4h auslanco long signal, otherwise shorting rallies.
4hr qqe has not crossed up yet just lining up together. Price just close below dp (123.6?) on 15min. price currently below 1 hr gann, awaiting confirmation bar and 1hr qqe to cross down.
AND i think bears have it.

just in agreement with K.

  • #154,837
  • Jan 22, 2009 3:04am Jan 22, 2009 3:04am
Quoting mirex
QQE cross down as in the blue line and the black dott'ed line cross each other and the blue line pointing down?

still only on first few page of your thread, trying to study it in between trading, hehe
Yes the blue line crossing the dotted line downwards.
Trade what you see, not what you think.
  • #154,838
  • Jan 22, 2009 3:13am Jan 22, 2009 3:13am
Quoting karmostaji
Yes the blue line crossing the dotted line downwards.
please someone push this 15m QQe to cross upwards lol..
  • #154,839
  • Jan 22, 2009 3:16am Jan 22, 2009 3:16am
Quoting lilmoe
geez... gu is causing all this... i'll keep scalping shorts till GU reaches 1.3680 which is june 2001 low, then we might see a good, i mean GOOD retracement if that stupid level holds. and that's MAYBE. i've been waiting for a major weekly level retracement for a long ass time... i'm not sure if we'll ever going to get it!! lol
55 pips off, but so far so good... as long as GU maintains this level then a retracement/reversal is in the horizon. i'm long GU at 1.3680 and secured profits so far.

i stopped shorting rallies on GJ... i THINK it's the time to consider longer term long positions. no confirmation yet except for that daily doji on GJ and GU and that pin on UJ... we need a bullish confirmation candle today, THEN i'll start buying dips.

UJ feels like a double bottom, that level was rejected like crazy.

morning folks, how's everyone doing?
  • #154,840
  • Jan 22, 2009 3:21am Jan 22, 2009 3:21am
Morning Lilmoe, good to see you. Fine here. How about you?
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