Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 8084 | 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)

  • #161,661
  • Feb 20, 2009 12:54pm Feb 20, 2009 12:54pm
Quoting malcolmb14
...However if they are very bullish or bearish they will force prices through support / resistance with good impulsive moves and then if there is no reaction to those high volume impulsive moves in the opposite direction you will be able to see what the pros are thinking / sentiment
looks like the case malcolm mentioned

the second move in EU was in tandem with UJ bouncing of that double top, I guess, and perhaps a signs of dumping $ all over...
  • #161,662
  • Feb 20, 2009 1:23pm Feb 20, 2009 1:23pm
Quoting malcolmb14
err ... I cannot teach how I trade ... a lot of what i do is ' feeling ' it is watching the price action and the overall market conditions and understanding how market mechanics work. Note i only mentioned an indicator once today . Half the time i do not even look at them . To trade the way I trade you throw all the fundies out the window and just trade what the price action on the chart shows you. Look for ranges ( range traidng is by far the very best way to trade once you get used to it )

The calls i made today were simply becuase as mentioned...
yup i understand. but what is this feeling of the PA you mean? u look at the candles or S&R lines? this PA is ridiculing me; i tried to short the whole time after london open but it wouldn't go down then i went long with it. then it went down. lol.

maybe u could help me on some of these "feeling" here.
  • #161,663
  • Feb 20, 2009 1:27pm Feb 20, 2009 1:27pm
well i was looking ES .. fairly close to support 750 .. it had gone down already 20 points ... figured bounce. ..

GJ hit that daily fib pivot at 133.75 (these things work like magic ) and move down was a little impulsive ... price seems to being drawn to the daily pivot all day , so took long off 133.80 , with 30 pips stops and target daily pivot. r/r ratio 1:2.5

since then the ES starting moving up very nicely, taking GJ with it , so i took half off at daily pivot and moved stop to 134.50 9 just under daily pivot ) other half, Target top of channel

Attached Image (click to enlarge)
Click to Enlarge Name: chf.gif Size: 21 KB
Blogging daily now at www.volume.zone
  • #161,664
  • Feb 20, 2009 1:32pm Feb 20, 2009 1:32pm
Quoting hwsv07
yup i understand. but what is this feeling of the PA you mean? u look at the candles or S&R lines? this PA is ridiculing me; i tried to short the whole time after london open but it wouldn't go down then i went long with it. then it went down. lol.

maybe u could help me on some of these "feeling" here.

I mentioned it looked trappish to me in frankfurt .. large down moves like the impulsive one we had at London open , that stop dead and get buyers are nearly always traps.


draw 14 wma on charts ( blue line) .. this will help ... prices does not dip under it go long only .. look to your 15 min charts for direction . Note how price tried to break the 14 wma a couple of time on the way up . But there was no strength to the selling. This is what i mean by price action

Attached Image (click to enlarge)
Click to Enlarge Name: chf.gif Size: 21 KB
Blogging daily now at www.volume.zone
  • #161,665
  • Feb 20, 2009 1:39pm Feb 20, 2009 1:39pm
omg gold over 1k..
hey anyone heard of an indicator called price action channel. i'm trying to get it for metatrader4.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #161,666
  • Feb 20, 2009 1:48pm Feb 20, 2009 1:48pm
Quoting england33
omg gold over 1k..
hey anyone heard of an indicator called price action channel. i'm trying to get it for metatrader4.
Attached File(s)
File Type: mq4 DeMark lines.mq4   17 KB | 445 downloads


just hit a sell 134.65 as ES is looking toppy and demark channel broken .... closed my long .. did not hit target

tight stop

Attached Image (click to enlarge)
Click to Enlarge Name: chf.gif Size: 27 KB
Blogging daily now at www.volume.zone
  • #161,667
  • Feb 20, 2009 1:51pm Feb 20, 2009 1:51pm
Quoting malcolmb14
Attachment

just hit a sell 134.65 as ES is looking toppy and demark channel broken .... closed my long .. did not hit target

tight stop

Attachment
might have been a bad idea ....closed trade

what is going on with ES ??? looks like it might hit 785 .. that is 30 point rally ..

and more important with 30 point rally why has gj not borken top of range ?

there is no correlation in the markets at all
Blogging daily now at www.volume.zone
  • #161,668
  • Feb 20, 2009 2:14pm Feb 20, 2009 2:14pm
Quoting malcolmb14
might have been a bad idea ....closed trade

what is going on with ES ??? looks like it might hit 785 .. that is 30 point rally ..

and more important with 30 point rally why has gj not borken top of range ?

there is no correlation in the markets at all
its total bs if you ask me took two trades today small wins decided to watch
after that and didn't mind one bit geppy seems to follow one pair one day then dumps it and picks up another buddy pair the next
have a good rest everyone see ya sunday night
  • #161,669
  • Feb 20, 2009 2:31pm Feb 20, 2009 2:31pm
third Friday of the month...double witching hour
March, june, sept, and December, triple witching hour.
options expiry
  • #161,670
  • Feb 20, 2009 2:34pm Feb 20, 2009 2:34pm
Quoting malcolmb14
might have been a bad idea ....closed trade

what is going on with ES ??? looks like it might hit 785 .. that is 30 point rally ..

and more important with 30 point rally why has gj not borken top of range ?

there is no correlation in the markets at all

I did re enter the sell trade as the rounded top devleoped on the 5 min chart abnd the ES came off ....

the short was right off the point of control ( max volume area for session )

took 50 pip trade for last trade of day .. insane session .. very volatile...I need a beer or 2 .. been intense session

Attached Image (click to enlarge)
Click to Enlarge Name: ym178.png Size: 157 KB
Blogging daily now at www.volume.zone
  • #161,671
  • Feb 20, 2009 2:38pm Feb 20, 2009 2:38pm
Quoting Mysticdiver
third Friday of the month...double witching hour
March, june, sept, and December, triple witching hour.
options expiry
A link to a OPTIONS CALENDER.
Hope it helps.

http://www.optionsclearing.com/publi.../xcal/xcal.jsp
I trade what I see on my charts. Do Not listen to the Muppets.
  • #161,672
  • Feb 20, 2009 2:46pm Feb 20, 2009 2:46pm
Quoting Vanhook2
A link to a OPTIONS CALENDER.
Hope it helps.

http://www.optionsclearing.com/publi.../xcal/xcal.jsp
Thank you very much!
Others should take a look as well.
  • #161,673
  • Feb 20, 2009 2:56pm Feb 20, 2009 2:56pm
Quoting Mysticdiver
Thank you very much!
Others should take a look as well.

If i had of kown it was triple witching friday ( i forgot) I might have stayed out of the market ....instead traded like a wild thing ... sweet range gj today
Blogging daily now at www.volume.zone
  • #161,674
  • Feb 20, 2009 3:00pm Feb 20, 2009 3:00pm
Quoting malcolmb14
If i had of kown it was triple witching friday ( i forgot) I might have stayed out of the market ....instead traded like a wild thing ... sweet range gj today
today was just double witching, 3rd fri of march is triple.
  • #161,675
  • Feb 20, 2009 3:09pm Feb 20, 2009 3:09pm
Quoting malcolmb14
Attachment

just hit a sell 134.65 as ES is looking toppy and demark channel broken .... closed my long .. did not hit target

tight stop

Attachment
ty nice indicator.

i made one successful trade and didn't trade rest of week. reason is news made it seem like world was falling appart so i didn't want to take to many chances. missed a good bounce but couldn't pull the trigger. would have been an easy trade but i prefer to be extra cautious of fridays so not to get stuck holding over weekend. gl
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #161,676
  • Feb 20, 2009 3:15pm Feb 20, 2009 3:15pm
Quoting malcolmb14
If i had of kown it was triple witching friday ( i forgot) I might have stayed out of the market ....instead traded like a wild thing ... sweet range gj today
Still today?

You must be fit to trade all day every day?

Enjoy your weekend see you all Monday.
Timing is everything
  • #161,677
  • Feb 20, 2009 3:31pm Feb 20, 2009 3:31pm
Quoting Gull
Still today?

You must be fit to trade all day every day?

Enjoy your weekend see you all Monday.
today was one of the best days to trades ... not really to hard when you have the right tools and know how to use them and manage the risk well ...

the red lines are the upper and lower value areas , POC and VWAP of yesterday . Look how price bounced off upper value area 135,15 tells me sellers sitting there.

Then at lower value area of yesterday 134 .. there are buyers

PInk line point of control for today .. sellers at that zone , blue and green lines upper and lower value areas for today . When you know where all the volume is and how price is workng around that volume .. not that hard...I only trade US session mostly.

today the volume histo was of much use . .some days not as good . but in ranging days like today typically price moves between the upper and lower value areas

have a good weekend

Attached Image (click to enlarge)
Click to Enlarge Name: ym179.png Size: 179 KB
Blogging daily now at www.volume.zone
  • #161,678
  • Feb 20, 2009 3:36pm Feb 20, 2009 3:36pm
Oh what a day Setups were everywhere LOL
  • #161,679
  • Feb 20, 2009 4:58pm Feb 20, 2009 4:58pm
i balied out early and went to sleep now time to go out and have some fun! didnt have ()()'s to trade the range lol but ill be ready next week for war with the beast

everyone have a good weekend
  • #161,680
  • Feb 20, 2009 8:46pm Feb 20, 2009 8:46pm
Quoting Mysticdiver
third Friday of the month...double witching hour
March, june, sept, and December, triple witching hour.
options expiry
can somebody explain to me what does it mean doublw witching nad triple witching hour
16 traders viewing now