Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 8267 | 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)

  • #165,321
  • Mar 11, 2009 10:26pm Mar 11, 2009 10:26pm
Good evening everybody!
Just came home to find out dollar is for sale against yen.
Here is the neckline broken. Watch for a possible retest. If there really no buyers or short position covers and low vol, then S1 will do it
Theory of h&s, prove yourself, please
Attached Image (click to enlarge)
Click to Enlarge Name: 3.jpg Size: 125 KB
  • #165,322
  • Mar 11, 2009 10:26pm Mar 11, 2009 10:26pm
closed my short at 133.76..gained 50++ pips
  • #165,323
  • Mar 11, 2009 10:27pm Mar 11, 2009 10:27pm
Quoting Eulogy
very disconcerting that GC isn't following today either.
inbetween i started scalping like others, but soon realized that i am missing a lot of trades and pips earned and spending more on spreads

so now i am back to daily chart swing trades, its a lot better and i can sleep peacefully.
  • #165,324
  • Mar 11, 2009 10:29pm Mar 11, 2009 10:29pm
Quoting king_ariff
closed my short at 133.76..gained 50++ pips
great job
  • #165,325
  • Mar 11, 2009 10:31pm Mar 11, 2009 10:31pm
thanks to forexlion
  • #165,326
  • Mar 11, 2009 10:34pm Mar 11, 2009 10:34pm
Quoting Piters
YES, my charts shows me a bearish setup...
it is very possible we see 133 in asia...
bye bye bulls!! ....

as I said NO 138, before 133.. lol my FIBS works always...
  • #165,327
  • Mar 11, 2009 10:34pm Mar 11, 2009 10:34pm
On the current daily chart

we have fallen pretty quick, as the time series line still has not been able to catch up.

So what I feel here is that by friday we should touch 131.57, then return back to 133.51 for short covering, before continuing south.

This is just a guess, lets see how it plays out.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 13 KB
  • #165,328
  • Mar 11, 2009 10:34pm Mar 11, 2009 10:34pm
Quoting Eulogy
very disconcerting that GC isn't following today either.
This is scrictly a Dollar Yen sell off, stems from the one month dollar yen straddle options being thrown around by the big hedge funds.
{Some Profound Statement goes here}
  • #165,329
  • Mar 11, 2009 10:34pm Mar 11, 2009 10:34pm
It's variable and flipping around a lot, but check out the GBP/JPY spread just now on dbfx. Sweet.

J
Attached Image
I made a fortune getting out too soon. - J. P. Morgan
  • #165,330
  • Mar 11, 2009 10:35pm Mar 11, 2009 10:35pm
Quoting forexlion
Thankfully there is a trash can for trouble makers. Enjoy your new home.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #165,331
  • Mar 11, 2009 10:37pm Mar 11, 2009 10:37pm
Quoting england33
  • #165,332
  • Mar 11, 2009 10:38pm Mar 11, 2009 10:38pm
let me see:

GY +135
UY +112

to make a money while you sleep:

GM to everyone:!! exit on GY and UY...
Attached Image (click to enlarge)
Click to Enlarge Name: dddd-88.png Size: 43 KB
  • #165,333
  • Mar 11, 2009 10:41pm Mar 11, 2009 10:41pm
Quoting pkimnyc
a bit more room to go down, i think.
oh, yeah...
needs a little break(after 700 pip drop) to form a flag(pound loves flags) and down some more. In a circle another possible pitstop, but won't happen in a matter of days, imho
Attached Image (click to enlarge)
Click to Enlarge Name: sshot-1.jpg Size: 153 KB
  • #165,334
  • Mar 11, 2009 10:42pm Mar 11, 2009 10:42pm
Quoting Piters
let me see:

GY +135
UY +112

to make a money while you sleep:

GM to everyone:!! exit on GY and UY...
dont understand u
  • #165,335
  • Mar 11, 2009 10:44pm Mar 11, 2009 10:44pm
Quoting bpatto
This is scrictly a Dollar Yen sell off, stems from the one month dollar yen straddle options being thrown around by the big hedge funds.
not really just a UJ sell off. I'm seeing USD getting hammered pretty much across the board. Its annoying GU is so much stronger now and holding up the tankage.
  • #165,336
  • Mar 11, 2009 10:44pm Mar 11, 2009 10:44pm
Quoting pipsbull
oh, yeah...
needs a little break(after 700 pip drop) to form a flag(pound loves flags) and down some more. In a circle another possible pitstop, but won't happen in a matter of days, imho
thinking the same.
  • #165,337
  • Mar 11, 2009 10:49pm Mar 11, 2009 10:49pm
Quoting Eulogy
not really just a UJ sell off. I'm seeing USD getting hammered pretty much across the board. Its annoying GU is so much stronger now and holding up the tankage.
i was going short gu but i had 2nd thoughts. i'm going to wait and see if it can get over 140 to decide.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #165,338
  • Mar 11, 2009 10:49pm Mar 11, 2009 10:49pm
important support reached.

the future of further tanking depends on this level

we should see a lot of consolidation here first, maybe 4 to 8 hours of range trading. just a guess.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 11 KB
  • #165,339
  • Mar 11, 2009 10:49pm Mar 11, 2009 10:49pm
Quoting bpatto
This is scrictly a Dollar Yen sell off, stems from the one month dollar yen straddle options being thrown around by the big hedge funds.
You are absolutely right - this is not gbp weakness this is yen strength as the Japanese repatriate their yen at year end - affects all the yen pairs across the board.
  • #165,340
  • Mar 11, 2009 10:51pm Mar 11, 2009 10:51pm
Quoting Ladybird
You are absolutely right - this is not gbp weakness this is yen strength as the Japanese repatriate their yen at year end - affects all the yen pairs across the board.
this is a march 31, annual cycle.
232 traders viewing now