Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 8111 | 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)

  • #162,201
  • Feb 25, 2009 12:55am Feb 25, 2009 12:55am
seeing a quick 80+ pip drop coming.
about to break a support line on the 15 minute i have had drawn for the last 2 days.

if it bounces.....not coming back another few hours.
--post hoc ergo propter hoc--
  • #162,202
  • Feb 25, 2009 12:56am Feb 25, 2009 12:56am
Quoting malcolmb14
seems like everyone thinking bad news for cable ... so liekly built in .. not as bad as expected cable moves 300 plus pips up
Mate, what you got for VWAP for the Asian session?
{Some Profound Statement goes here}
  • #162,203
  • Feb 25, 2009 12:58am Feb 25, 2009 12:58am
Quoting malcolmb14
seems like everyone thinking bad news for cable ... so liekly built in .. not as bad as expected cable moves 300 plus pips up
Right on today?
  • #162,204
  • Feb 25, 2009 1:01am Feb 25, 2009 1:01am
Quoting bpatto
Mate, what you got for VWAP for the Asian session?

139.60 so far on 5 min
Blogging daily now at www.volume.zone
  • #162,205
  • Feb 25, 2009 1:03am Feb 25, 2009 1:03am
Quoting maryinvest
Right on today?

not saying for sure ..... but maybe .... things have a habit of doing that . Everyone thinks bad news .... and then the news comes out but not as bad as expected and it is positive for the currency
Blogging daily now at www.volume.zone
  • #162,206
  • Feb 25, 2009 1:17am Feb 25, 2009 1:17am
15 min 50ema providing support right now..another test of the high may be in order...if it break...POP...if not we will fall to the lower tl in the 5min channel
  • #162,207
  • Feb 25, 2009 1:23am Feb 25, 2009 1:23am
Regarding G/J, I see the 4 hour QQE has worked it's way into overbought territory (70+). When it does this, we tend to get a retrace. See below.

But you never for sure . . . now that the daily chart is backing things up, it might have enough legs to continue. I'll be watching for a break below the 24 hour price channel, or above the 141.50 resistance for clues.
Attached Image (click to enlarge)
Click to Enlarge Name: 4H.jpg Size: 185 KB
  • #162,208
  • Feb 25, 2009 1:40am Feb 25, 2009 1:40am
Quoting malcolmb14
not saying for sure ..... but maybe .... things have a habit of doing that . Everyone thinks bad news .... and then the news comes out but not as bad as expected and it is positive for the currency
i tried your fibbonaci technique and I made 10 max lot pips

on average how often do you get bounces off the fibonacci areas compared to the times where it plows straight through and continues?

thanks!
  • #162,209
  • Feb 25, 2009 1:48am Feb 25, 2009 1:48am
Quoting rogerdoger
i tried your fibbonaci technique and I made 10 max lot pips

on average how often do you get bounces off the fibonacci areas compared to the times where it plows straight through and continues?

thanks!

just watch price action around them ..... you will know if there is bounce or plow ....lol


never really studied how often it breaks or holds
Blogging daily now at www.volume.zone
  • #162,210
  • Feb 25, 2009 1:49am Feb 25, 2009 1:49am
Quoting malcolmb14
just watch price action around them ..... you will know if there is bounce or plow ....lol


never really studied how often it breaks or holds
  • #162,211
  • Feb 25, 2009 1:53am Feb 25, 2009 1:53am
so anyone think we'll see some fireworks after the open leading up to the news release?
--post hoc ergo propter hoc--
  • #162,212
  • Feb 25, 2009 1:58am Feb 25, 2009 1:58am
Quoting Monk
so anyone think we'll see some fireworks after the open leading up to the news release?
I am seeing it now
  • #162,213
  • Edited 2:01am Feb 25, 2009 1:59am | Edited 2:01am
Time will tell...
Attached Image (click to enlarge)
Click to Enlarge Name: Picture 1.png Size: 29 KB
  • #162,214
  • Feb 25, 2009 2:00am Feb 25, 2009 2:00am
Quoting maryinvest
I am seeing it now
nah....fireworks for me is 300+
not 50-80
--post hoc ergo propter hoc--
  • #162,215
  • Feb 25, 2009 2:10am Feb 25, 2009 2:10am
HAHAHHA

on my charts last time RSI was this overbought we were at almost 216.
That was july 23.....

then looked what happened.
--post hoc ergo propter hoc--
  • #162,216
  • Feb 25, 2009 2:13am Feb 25, 2009 2:13am
Yesterday was a bad day for me .. nearly lost -120 pips before London session open on that GU volatility but recovered +70 of it.

Let's see how will be today. Right now long off 140.70 (+Fib 38.2) half closed for the rest sl moved to +40 (under +Fib 50)

Right now +Fib 61.8 is showing a pin bar (5M chart) which means resistance ...
Discipline + Patience - Fear - Greed = Success
  • #162,217
  • Feb 25, 2009 2:17am Feb 25, 2009 2:17am
Quoting malcolmb14
just watch price action around them ..... you will know if there is bounce or plow ....lol


never really studied how often it breaks or holds
Malcolm seems you were right ... bad news already priced in for GU. But I don't see UJ going any further coz I see seeling pressure on 5M and 15M. RSI bearish div on 30M and H1 plus a nice pin bar (low volume though) on H1 at 97.20 (4 candles ago).

What do you think?
Discipline + Patience - Fear - Greed = Success
  • #162,218
  • Feb 25, 2009 2:20am Feb 25, 2009 2:20am
Quoting arezab
Yesterday was a bad day for me .. nearly lost -120 pips before London session open on that GU volatility but recovered +70 of it.

Let's see how will be today. Right now long off 140.70 (+Fib 38.2) half closed for the rest sl moved to +40 (under +Fib 50)

Right now +Fib 61.8 is showing a pin bar (5M chart) which means resistance ...
arezab...

what about EU it go to 1.3

What do you think,,,
  • #162,219
  • Feb 25, 2009 2:22am Feb 25, 2009 2:22am
Well, we're in an area of strong resistance, 140.50 - 141.80. I was expecting price to stall below 141 and I'm not entirely convinced by more upmoves right now.

I will trade long, but will be watching very closely. Long order at 141.75.

If we break 142 convincingly, I see nothing to stop us getting to 147, but these strong upmoves without retrace make me nervous.
  • #162,220
  • Feb 25, 2009 2:26am Feb 25, 2009 2:26am
Quoting freed123
arezab...

what about EU it go to 1.3

What do you think,,,

1.2870 is broken .. let's see how it develops. I think bullish for EU.

Putting a FE gives 1.2980 as FE 100 (which coincides with +Fib 100 off daily piv)

If price doesn't come back below 1.2870 and close below it in 2 hours or so my target will be inside 1.2960 - 1.3000 range today.

Let's see how it plays out.
Discipline + Patience - Fear - Greed = Success
36 traders viewing now