Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 9132 | 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)

  • #182,621
  • Jun 19, 2009 1:08am Jun 19, 2009 1:08am
Quoting malcolmb14
Attachment
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY3MIN290.png Size: 226 KB
Blogging daily now at www.volume.zone
  • #182,622
  • Jun 19, 2009 1:09am Jun 19, 2009 1:09am
Quoting grashid
mm. i saw 160.50 possible with current PA movement as 50% already touch...61.8% =159.60 seem soon in a 1-2 hr ....mmm..unless H4 close below that area and H1 formed a nice Doji..H&S in H4? mmm...at 50% or 61.8% or 160.50 to be complete...see how what happen...taking short and sell limit at that area with SL=160.80 see what happen..
I don't think we can call that a H&S, but i agree on the sell limit.
  • #182,623
  • Jun 19, 2009 1:11am Jun 19, 2009 1:11am
Quoting malcolmb14
no going long here with that hio vol doji in background is like givcing away your money to charity
same here.
  • #182,624
  • Jun 19, 2009 1:12am Jun 19, 2009 1:12am
THIS IS QUADRUPLE WITCHING TODAY.

Only happens 4 times Per year.

I often sit out this day ... can be crazy insane with odd choopy price action that can whipsaw a trader into 300 pi loss with ease

BE WARNED
Blogging daily now at www.volume.zone
  • #182,625
  • Jun 19, 2009 1:17am Jun 19, 2009 1:17am
[quote=malcolmb14;2815121]no going long here with that hio vol doji in background is like givcing away your money to charity

Thanks for your input, bro. Did go long at 158.30.

I guess I'm bullish in the very short term based on the 1hr/4hr/daily charts, and am looking for a setup off the 1hr. Ultimately I think the g/j will prob form a H&S (around 160.00) or double top and turn back down for another big drop...
  • #182,626
  • Jun 19, 2009 1:22am Jun 19, 2009 1:22am
Stop at b/e. Yeah, this might not work out...
  • #182,627
  • Jun 19, 2009 1:27am Jun 19, 2009 1:27am
Quoting sycho
Hello Ken..yeah i did,got in on that one for a discount at 158.43..took a 100pips and checked out at 157.43..how has the day scalping been? still skining e/j?
Awesome Job on that trade, good thing you exited, Malcomb mentioned pullbacks were buy opportunities, and were hitting Asia high here now.

I am scalping everything but the EJ these days, I trade 6 pairs constantly for small profits, but in a 30 day period I make a pretty good chunk of pips.

Usually I am not awake during London, but I went to bed too early and now I am too rested.

Cheers
  • #182,628
  • Jun 19, 2009 1:28am Jun 19, 2009 1:28am
I can't understand why people use so tight SL-s. It's better to make an order with fewer lots but a bigger SL than trying to hit the right spot where the pair will change direction. Especially since malcolmb pointed out that we can expect high volatility today.
  • #182,629
  • Jun 19, 2009 1:34am Jun 19, 2009 1:34am
short, 158.61 -> 152.15
  • #182,630
  • Edited 2:36am Jun 19, 2009 1:54am | Edited 2:36am
locked in +30p on my long from 158.30... hoping it will make it to R1 & 159.10 - 159.20...

EDIT

Took partial at 159.00

EDIT

Partial at 159.25

Would like to take rest of profit around 159.80... locked in at +50p on final lots.
  • #182,631
  • Jun 19, 2009 2:39am Jun 19, 2009 2:39am
Anyone thinking about shorting around 159.80 area?

would be 61% fib of move down from ~162.50... well, just above 61%
  • #182,632
  • Jun 19, 2009 2:46am Jun 19, 2009 2:46am
Are we there yet?
  • #182,633
  • Jun 19, 2009 2:50am Jun 19, 2009 2:50am
Could be an opp for a long entry in 159.00-15 area for anyone interested... target ~ 159.80-90...
  • #182,634
  • Jun 19, 2009 2:56am Jun 19, 2009 2:56am
Quoting billyray1
Anyone thinking about shorting around 159.80 area?

would be 61% fib of move down from ~162.50... well, just above 61%
The shorting range could be now and 160.40 area, could see a spike to 161 area. . . Today is freaky friday!
Attached Image (click to enlarge)
Click to Enlarge Name: daily gj chart.gif Size: 21 KB
  • #182,635
  • Jun 19, 2009 2:56am Jun 19, 2009 2:56am
i made sell limit order at 159.55 with TP set to 159.0
but it's look like down to 158.27

now wait for the result and do some other activities


see ya
  • #182,636
  • Jun 19, 2009 2:56am Jun 19, 2009 2:56am
  •  Ronin77
  • | Joined Dec 2008 | Status: เงินกินเปล่า | 95 Posts
Anyone else see a potential head and shoulders forming on the 4 hour chart? I will short at about 160.10 (if price reaches this level) and take profit at the neckline. SL above recent high at about 162.65
Attached Image (click to enlarge)
Click to Enlarge Name: gj.jpg Size: 197 KB
Ronin77
  • #182,637
  • Jun 19, 2009 2:57am Jun 19, 2009 2:57am
Quoting quecee5
Are we there yet?
Hmmm, not quite I suspect.
Everyone seeing H&S? Overbought? Bearish Divergence? OK, let's pop this thing up for a double top.

S&P futures up too.....

EDIT: Just seen your other post.
  • #182,638
  • Jun 19, 2009 2:59am Jun 19, 2009 2:59am
Quoting billyray1
Could be an opp for a long entry in 159.00-15 area for anyone interested... target ~ 159.80-90...
hi billray1, i'm PO @ 160.50.....
  • #182,639
  • Jun 19, 2009 3:04am Jun 19, 2009 3:04am
160.50 is a very good spot to watch for entries, not just blind shorting.
  • #182,640
  • Jun 19, 2009 3:05am Jun 19, 2009 3:05am
Quoting spy_dee
hi billray1, i'm PO @ 160.50.....
i'm with ya.
149 traders viewing now