Auslanco 15min GBP/JPY startegy 630 replies
Auslanco-GBP/JPY Strength Indicator strategy 344 replies
My MT4 indicators for Auslanco's strategy 92 replies
Questions About Auslanco's Trades 72 replies
DislikedI will look for 134 level to buy some
DislikedA 4hr view with levels that will be bought by or before EOD monday
a buy day means they may run prices higher and sell it off quickly driving price to los where they will buy again for a 2 day rally after this decline finishing a 3 day cycleIgnored
What is your success with this software?
I do agree with the pullback for several days before the rally toward a higher level.
The overall trend is bullish and pullbacks is mainly supply and demand..
Double top this past week indicated a pullback before another rally to break thru the 141.50 zone which will set a higher level for this year..
Chopping it way thru the negative bias to retrace back to the 50% level.
DislikedWell like anything its just another tool,...Ignored
DislikedThe three day cycle seems to fit into the setup before thursday GU rate decision which will help support the breakout in three days on thursday. Most of the time the PA is priced in before the big announcement for major news .
GJ is in a wedge and it will consolidate until some major news come out to break the cycle.. The overall lower TL will be test again as well as 50ema on the daily chart
DislikedThanks alot for ur analysis... I belive gu going down..Its now 139.2 and its low 138.62Ignored
Dislikedever notice that what ever the gap direction is on A Sunday the rest of the week we head in the opposite direction . I was looking for a small gap down under low volume to confirm a market test,
there is a massive amount of buyers sitting at 137 right now , we had a climatic action there on Friday as buyers swamped the seller. , so we have strong support at this level
anything could happen as there does seem to be bearish div on a 4 hour rsx and could be a bear flag on 60 min, but right now unless 135 is taken out ever dip is being met by buyers...Ignored
Dislikedthanks for ur expectations...but i still belive gu going dowen and it will breake 130.6 within the coming 2 days for a couple of reasons:
- usdjpy make a full up till the resistant point 98.6 and its goung to a correction 93.6 at least.
-gbpusd make a full up to 1.466 which mean this point will sliddown to 1.383 and if its broken it will test 1.356 again.Ignored