Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 8048 | 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)

  • #160,941
  • Feb 17, 2009 5:42am Feb 17, 2009 5:42am
The great crash of 1929 would not happen again when America lost over times ten of the nations annual budget in the stock market.
LETS PRAY
LETS PRAY
LETS PRAY
LETS PRAY
Attached Image
  • #160,942
  • Feb 17, 2009 5:49am Feb 17, 2009 5:49am
Quoting uncletrumpet
The great crash of 1929 would not happen again when America lost over times ten of the nations annual budget in the stock market.
what exactly is the annual national budget for the USA. It seems every year the US runs massive deficits that it hardly seems fair to use those borrowed funds in the calculations.
  • #160,943
  • Feb 17, 2009 6:05am Feb 17, 2009 6:05am
Quoting toyboy tramp
$1200 is a good start That bearish div looks to have played out on your chart. Gold is linked to the dollar not the yen, and while JPY is in trouble, it's not the nineties for the samurai, where as the US is setting itself up for a lost decade sequel
Well i got impression lately that USD hasnt been linked with gold anymore.
They move in same direction in the same time.


USD index up
GOLD up
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-02-17_130643.png Size: 22 KB
  • #160,944
  • Feb 17, 2009 6:08am Feb 17, 2009 6:08am
Hi Malcolm. Where do you see the action today - GB/JY seems to have gone to sleep
  • #160,945
  • Feb 17, 2009 6:23am Feb 17, 2009 6:23am
Quoting gillybabe
Hi Malcolm. Where do you see the action today - GB/JY seems to have gone to sleep

we have 2 major tests of 130 now .....

almost looks like they are trying to dry up supply before pushing her higher.

hope no one got caught again trying to sell under 130. It reversed almost to the pip the same spot it did in the previous Asian session and we have a range right now 129.60 to 131.60 ....lovely

15 min does have a downward tl though with rsx rolling over ....could be another test of 130 coming

Attached Image (click to enlarge)
Click to Enlarge Name: snapshot-276.png Size: 205 KB
Blogging daily now at www.volume.zone
  • #160,946
  • Feb 17, 2009 6:30am Feb 17, 2009 6:30am
Thanks for that. However in the last hour on 5min chart it has hardly moved at all. I could not risk going in on these movements as my spread on this is 8 pips. Patience and wait and see seem to be the name of the game. Hopefully once the US comes on line they will be raring to go after their holiday yesterday. Green pips to all.
  • #160,947
  • Feb 17, 2009 6:37am Feb 17, 2009 6:37am
Quoting 5ysfx

USD index up
GOLD up
As I'm sure you know, Gold is valued against the dollar, the $ index is valued against a proportional basket of other currencies...so while global markets react and decline in unison, and central banks increase the money supply in a co-ordinated fashion, the relative relationships between currencies hold while Gold rises as a haven and hedge against risk.

This will continue until $ fundamentals can no longer be manipulated, and a black swan triggers a serious devaluation of the dollar, like China stops buying American debt...

Jmvho
Money & Pain Respect the market, protect your capital, be patient
  • #160,948
  • Feb 17, 2009 6:48am Feb 17, 2009 6:48am
Quoting toyboy tramp
As I'm sure you know, Gold is valued against the dollar, the $ index is valued against a proportional basket of other currencies...so while global markets react and decline in unison, and central banks increase the money supply in a co-ordinated fashion, the relative relationships between currencies hold while Gold rises as a haven and hedge against risk.

This will continue until $ fundamentals can no longer be manipulated, and a black swan triggers a serious devaluation of the dollar, like China stops buying American debt...

Jmvho
Looks like was but this is only my impression.
  • #160,949
  • Feb 17, 2009 6:56am Feb 17, 2009 6:56am
Quoting toyboy tramp
$1200 is a good start That bearish div looks to have played out on your chart. Gold is linked to the dollar not the yen, and while JPY is in trouble, it's not the nineties for the samurai, where as the US is setting itself up for a lost decade sequel

Hi toyboy tramp.

I would be interested in your opinion towards silver. What do you think where silver will go in the next few weeks months.
  • #160,950
  • Feb 17, 2009 7:03am Feb 17, 2009 7:03am
Quoting Kurti
Hi toyboy tramp.

I would be interested in your opinion towards silver. What do you think where silver will go in the next few weeks months.
I'm with Peter Schiff on Silver, if you're already long hold, if not look for a good buy entry.
Money & Pain Respect the market, protect your capital, be patient
  • #160,951
  • Feb 17, 2009 8:07am Feb 17, 2009 8:07am
Hi Malcomb,
ES went to new lows.
Do you think now that it will continue the downtrend to what level?
  • #160,952
  • Feb 17, 2009 8:10am Feb 17, 2009 8:10am
we're looking at a possible 250 point gap in the DJ opening tonight
  • #160,953
  • Feb 17, 2009 8:13am Feb 17, 2009 8:13am
Quoting marcb
Hi Malcomb,
ES went to new lows.
Do you think now that it will continue the downtrend to what level?

use the OR ... could be bear trap
Blogging daily now at www.volume.zone
  • #160,954
  • Feb 17, 2009 8:43am Feb 17, 2009 8:43am
Quoting malcolmb14
use the OR ... could be bear trap
Hi Malcom,
What time would you use for an OR for forex especially GY, I am confused between what Mark Fisher recommends in his book and Geoff Bysshe booklet.
I have been using 8-8:30 am est but find the price going back on me most of the time even after a 15 minute confirmation.

Any recommendation you may have will be appreciated.
Thank you
  • #160,955
  • Feb 17, 2009 8:48am Feb 17, 2009 8:48am
Quoting Estero
Hi Malcom,
What time would you use for an OR for forex especially GY, I am confused between what Mark Fisher recommends in his book and Geoff Bysshe booklet.
I have been using 8-8:30 am est but find the price going back on me most of the time even after a 15 minute confirmation.

Any recommendation you may have will be appreciated.
Thank you

I use 6:30 to 7 am pst .. 1st 1.2 hour us markets

today critical level for sells is 130.70 ,. this is the volume weighted average pivot , bought off that for ride to upper value area 131.30 , sold there for ride to VWAP .... but overall market is trying to work itself out
Blogging daily now at www.volume.zone
  • #160,956
  • Feb 17, 2009 8:53am Feb 17, 2009 8:53am
ES falling heavily, GY and UY holding steady. Makes me even more convinced we're about to see the Yen crosses rise.
  • #160,957
  • Feb 17, 2009 8:55am Feb 17, 2009 8:55am
Quoting sometospend
can u tell me what effect gold has on these pairs
gold is a measure of inflation and fear.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #160,958
  • Feb 17, 2009 8:56am Feb 17, 2009 8:56am
Quoting bigcoupe
I actually love these setups.

I'm short a large lot at 92.35 with a SL/Long at 92.5.

Fundimentally, I think U/J is heading to the moon. Did you see the latest for Japan?


Japan's gross domestic product, or the total value of the nation's goods and services, dropped at an annual pace of 12.7 per cent in the October-December period, the Government said yesterday.

[indent]That is the steepest drop for Japan since the oil shock of 1974 and outpaces declines of 3.8 per cent in the United States and 1.2 per cent in the eurozone....
Er....

Looks like i was wrong. Stopped out.

B
  • #160,959
  • Feb 17, 2009 8:57am Feb 17, 2009 8:57am
Quoting malcolmb14
I use 6:30 to 7 am pst .. 1st 1.2 hour us markets

today critical level for sells is 130.70 ,. this is the volume weighted average pivot , bought off that for ride to upper value area 131.30 , sold there for ride to VWAP .... but overall market is trying to work itself out
So youre using Dow opening for indication on GY and ES.

Thank you
  • #160,960
  • Feb 17, 2009 8:59am Feb 17, 2009 8:59am
lets see ES new low .....

GJ cannot break 130 ....

seems like we may be seeing the formation of a base here in the 130 ish zone in gj
Blogging daily now at www.volume.zone
154 traders viewing now