Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 8034 | 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)

  • #160,661
  • Feb 15, 2009 10:37pm Feb 15, 2009 10:37pm
Quoting forextine
Were you long over the weekend? Sorry man. See ya Wednesday then
pretty good - see ya in two weeks time
  • #160,662
  • Feb 15, 2009 10:38pm Feb 15, 2009 10:38pm
Quoting malcolmb14
so become a day trader .....

I suck at holding and would rather be in and out a few times

even for only 20 pips.....

some days swing traders get into range ..... and if you learn how to play ranges you can load up

there was one this week that netted 500pips ....in US session
Unfortunately due to my current lifestyle and my timezone location, i have work during the Asian session, i'm alsleep during the US session and most annoyingly, I'm in transit from work to home when the Euro fixes comes into play. Virtually the only potential time have available to trade intraday is during the early-mid euro session. Very restrictive , no wonder i position trade.
  • #160,663
  • Feb 15, 2009 10:40pm Feb 15, 2009 10:40pm
Quoting forextine
being in school, I can't spent too much time trading intra-day. Which is why I use the 1hr/4hr to pick directions and if I have time zoom in and use smaller time frames to enter. If no time, I'll place a few orders to avg my position. The time will come where I'll be able to sit here and learn .

What's volume like now?

low.....till London
Blogging daily now at www.volume.zone
  • #160,664
  • Feb 15, 2009 10:41pm Feb 15, 2009 10:41pm
Quoting Eulogy
Unfortunately due to my current lifestyle and my timezone location, i have work during the Asian session, i'm alsleep during the US session and most annoyingly, I'm in transit from work to home when the Euro fixes comes into play. Virtually the only potential time have available to trade intraday is during the early-mid euro session. Very restrictive , no wonder i position trade.
You can still catch large moves, which is why I like the 4hr chart, pick your trade, come back in 4hrs to check, no need to sit here and gather pips, especially if your account is big enough where one good trade is all you need.
  • #160,665
  • Edited 11:07pm Feb 15, 2009 10:49pm | Edited 11:07pm
you Decide up or down .. There is a lot of room up.... But that 122.50 area looks good too .. we have weekly S2 at 122.12... no Bias but Charts
Attached Image (click to enlarge)
Click to Enlarge Name: GEPPY 2 hr.jpg Size: 247 KB
Markets are not Random, they are designed!
  • #160,666
  • Feb 15, 2009 10:52pm Feb 15, 2009 10:52pm
Quoting forextine
being in school, I can't spent too much time trading intra-day. Which is why I use the 1hr/4hr to pick directions and if I have time zoom in and use smaller time frames to enter. If no time, I'll place a few orders to avg my position. The time will come where I'll be able to sit here and learn .

What's volume like now?
I typically spend 3 hour in the market ,,,,, 4am to 7am my time . The euro / us overlap. These days seems to be a bit more

If I get 50 pips I am happy, ,,,, I look to the power of compounding to build my account.
Blogging daily now at www.volume.zone
  • #160,667
  • Feb 15, 2009 10:54pm Feb 15, 2009 10:54pm
Quoting malcolmb14
I typically spend 3 hour in the market ,,,,, 4am to 7am my time . The euro / us overlap. These days seems to be a bit more

If I get 50 pips I am happy, ,,,, I look to the power of compounding to build my account.
Compounding is beautiful, but I take out weekly so if someday I wipe out, I got cash on the side to play with.
  • #160,668
  • Feb 15, 2009 11:15pm Feb 15, 2009 11:15pm
this thing is like a spring winding up....this is the calmest sunday in awhile
--post hoc ergo propter hoc--
  • #160,669
  • Feb 15, 2009 11:20pm Feb 15, 2009 11:20pm
5 pip range
so boring

I'm just wondering if they're gonna be lighting a fire under the beast or throw a shoe at her.
  • #160,670
  • Feb 15, 2009 11:21pm Feb 15, 2009 11:21pm
Quoting Eulogy
5 pip range
so boring

I'm just wondering if they're gonna be lighting a fire under the beast or throw a shoe at her.
Not under, cause that would send it up, light a fire on top of it!!
  • #160,671
  • Feb 15, 2009 11:24pm Feb 15, 2009 11:24pm
Quoting forextine
Not under, cause that would send it up, light a fire on top of it!!
forextine ops to throw a shoe at her
  • #160,672
  • Feb 15, 2009 11:25pm Feb 15, 2009 11:25pm
Quoting Eulogy
forextine ops to throw a shoe at her
Ahhh, lol, *throwing shoe*
  • #160,673
  • Feb 15, 2009 11:26pm Feb 15, 2009 11:26pm
guys,
does anyone have any good hedging strategies in this type of scenario ?

Either way, you either fill the gap and collect 200 odd pips or u catch the fall and collect probably 200+

I would imagine a hedging strategy would work wonders ?
  • #160,674
  • Feb 15, 2009 11:27pm Feb 15, 2009 11:27pm
Quoting Eulogy
5 pip range
so boring

I'm just wondering if they're gonna be lighting a fire under the beast or throw a shoe at her.

yeah either way at this point for tonight...

bloomberg person talking earlier UY sinking to 80 area or lower over the next few weeks? thats a nice thought GY would drop like a sack of rocks
  • #160,675
  • Feb 15, 2009 11:28pm Feb 15, 2009 11:28pm
watch for 5m / 15m QQe CCI start to move
  • #160,676
  • Feb 15, 2009 11:28pm Feb 15, 2009 11:28pm
Ahh movement, but wrong way!
  • #160,677
  • Feb 15, 2009 11:30pm Feb 15, 2009 11:30pm
jpy sell off accros the board
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-02-16_062845.png Size: 17 KB
  • #160,678
  • Feb 15, 2009 11:34pm Feb 15, 2009 11:34pm
Quoting NwFXenthsist
yeah either way at this point for tonight...

bloomberg person talking earlier UY sinking to 80 area or lower over the next few weeks? thats a nice thought GY would drop like a sack of rocks

liekly they will be buying all the way down ........ just want to get us poor retail suckers to sell it


put it this way if s&p does what I think it is going to do this week .. we will see test of 120 gj
Blogging daily now at www.volume.zone
  • #160,679
  • Feb 15, 2009 11:37pm Feb 15, 2009 11:37pm
Quoting malcolmb14
liekly they will be buying all the way down ........ just want to get us poor retail suckers to sell it


put it this way if s&p does what I think it is going to do this week .. we will see test of 120 gj
Any volume behind that spike? I'm bored lol.
  • #160,680
  • Feb 15, 2009 11:38pm Feb 15, 2009 11:38pm
Quoting forextine
Ahh movement, but wrong way!
Wrong way? Or closing the gap?

Orca
New voice message: Why are you calling me? If I need you, I'll call you!
27 traders viewing now