Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 9742 | 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)

  • #194,821
  • Sep 6, 2009 10:17am Sep 6, 2009 10:17am
Quoting Piters
Yes, the only tricky part here is NY session - low volume.. so, I agree.. we are going to see "PIPS in the CITY" season finale..

but on a serious note, If my calculations are correct, the wave pattern from 163 are not yet finished, and IF im right, as a subcount I can see only 3 subwaves from 163 to 149, which leave a space for the last or current wave up from 149 to 152.48 - or whenever stops to be the corrective wave 4.. The last one im expecting again, to test the 146.76 - 146.10, where Im expecting the major bounce happen..
The...
as long as it isn't a cliff hanger!

I see something similar, maybe too ambitious though.
A bounce up through 153.6. This is where a lot of POs and stops are sitting.
so it makes sense to dust the attic, free up some liquidity for the move down, then a reversal somewhere below 148.9, sweep the basement, then we go.

if we make it below 146.7 I'd be surprised, but it would do some serious damage as a reversal point for the move back up, so I wouldn't put it past them.

...rinse, repeat lol

either way, that's a lot of pips.
  • #194,822
  • Sep 6, 2009 11:46am Sep 6, 2009 11:46am
Quoting ewokuk
strange, on my mt4 ibfx feed its the lowest volume week on audusd since june (except that strange quiet week mid august).

also a bit confused (this would relate to all pairs inc gj so not totally off topic), assuming there was really high volume on a big strong up move and it closed at the top of the bar, how could it not be buyers?...
yeah mt4 weekly does not show that volume spike .. odd

the issues with audusd is that it resembles the energizer bunny .. keeps going and going . I would be happier to sell gu then try and pick audusd although there are a lot of technical reasons to sell it in the 8500 range

my mentor has done some analysis on gold and seems to think that it will keep on going thru 1000 into 1200 to 1300 range. we were rejected off 1000 but had a low volume test on friday , if gold remains bullish this may hold the commodity pairs up
Blogging daily now at www.volume.zone
  • #194,823
  • Sep 6, 2009 11:49am Sep 6, 2009 11:49am
Quoting rgitt05
by Mike Larson


We told you this was coming. Heck: A blind man could have seen it a mile away.

For many months now, we've predicted that Washington's wild spending and borrowing spree would make the global investors who buy our longer-term Treasuries — notes and bonds — as nervous as long-tailed cats in a room full of rocking chairs.

We've cautioned you that our sky-high deficits, record shattering borrowing by the U.S. Treasury and runaway money printing by the Federal Reserve would cause them to lose sleep, worrying about the real return on...
wow insane numbers on the asian indexes .... seems bubble like to me
Blogging daily now at www.volume.zone
  • #194,824
  • Sep 6, 2009 12:00pm Sep 6, 2009 12:00pm
treasury bubble ready to burst..



Quoting malcolmb14
wow insane numbers on the asian indexes .... seems bubble like to me
[
  • #194,825
  • Sep 6, 2009 12:10pm Sep 6, 2009 12:10pm
elwave count

things are lookin pretty bullish

if we break the latest low we formed then yea we could deff drop
otherwise i dont know
a break of 152.70 then its off to 153.50 then if that breaks we go much higher obviously

even though im pretty bearish on this, but i mean we havent even made a lower low yet so im sitting outside smoking my hookah and enjoying a very nice breeze while drinking coffee
Attached Image (click to enlarge)
Click to Enlarge Name: geppy.jpg Size: 163 KB
  • #194,826
  • Sep 6, 2009 3:59pm Sep 6, 2009 3:59pm
Quoting rgitt05
by Mike Larson


We told you this was coming. Heck: A blind man could have seen it a mile away.

<cut>

And spinning off nearly SIX DOLLARS in profits for every ONE dollar being earned on our own S&P 500!

Ok, sometimes this question still bothering me: If we get US dollar crushed, wouldn't it be GBP got stronger? Thanks for your answer (Whoever please).
  • #194,827
  • Sep 6, 2009 4:16pm Sep 6, 2009 4:16pm
I think the answer would be that when the dollar is crushed the yen strengthens.
Q
The Only Constant Is Change!
  • #194,828
  • Edited 4:31pm Sep 6, 2009 4:20pm | Edited 4:31pm
Quoting mktjong
Ok, sometimes this question still bothering me: If we get US dollar crushed, wouldn't it be GBP got stronger? Thanks for your answer (Whoever please).
These talks about USD crush are going on and on for a year already. It's already in the price.

BTW, if USD will go down, the other countries will have to send their currencies down as well. US is the biggest consumer. If USD is cheap and other currencies are expensive, the imported goods will be too expensive, i.e. it will cause problems to exporters and they will have to make their currencies cheaper. That is why G20 financials agreed not to devaluate the currencies trying to get benefits for domestic producers.
  • #194,829
  • Sep 6, 2009 4:29pm Sep 6, 2009 4:29pm
Also they arent gonna sell on a loss they will allow it to bid up, for a seller must be a buyer, and they sell into it like Gold OIL , rates going up debt will become attrack income differentials, id expect dollar to strengthen
"Millionaires don't use astrology, billionaires do"
  • #194,830
  • Sep 6, 2009 4:31pm Sep 6, 2009 4:31pm
An article I read:

Last month the Bank of England surprised the world when it announced it would expand its quantitative easing program. So after winding it down in July, they dusted off the printing press and cranked it back up in August!

And shortly thereafter, the Fed wrapped up its meeting on monetary policy by giving guidance that it would be ending its quantitative easing program. In fact, recent comments by Fed officials suggest that some areas of the plan could even end sooner.

Now, the outright purchases of government debt planned by both central banks are around $300 billion. As a percentage of GDP, that makes the UK’s purchases close to four times as large as the U.S.’s.


The diverging policy paths by the Fed and the Bank of England have created an ideal profit opportunity.

This development makes for a very compelling trade in the British pound …

You see, in currencies, it’s all relative. And on a relative basis, the diverging policy paths by the Fed and the Bank of England are squarely negative for the pound against the dollar. And that’s precisely why the pound has taken its lumps over the past month, down 4 percent against the dollar from its high in August.

Don’t forget, the British pound was punished when risk aversion swept through financial markets and has benefited as risk appetite returned. So adding the influence from divergent monetary policy paths to the “high” uncertainty surrounding global economic recoveries creates two negative drags for the British pound.

I figured if the USD weakens than the carry trades weaken because the yen will strengthen.. I believed the UJ will be the leading pair where GJ will head this next couple weeks...UJ is approaching an all time low. If the USD $ falls than all the majors falls..





Quoting mktjong
Ok, sometimes this question still bothering me: If we get US dollar crushed, wouldn't it be GBP got stronger? Thanks for your answer (Whoever please).
[
  • #194,831
  • Sep 6, 2009 4:35pm Sep 6, 2009 4:35pm
Now sitting in my trading room pointing my HIFI speakers to the trading platform directly to GJ while playing a classic of men at work called DOWN UNDER, trying to let GJ to dance on this song and feel it's words specially when they say DOWN UNDER, I hope she likes it and do what they are saying till she reach 147

I hope you drop and land down under (147) (oh yeah yeah)
Where markup glow and then plunder
Cant you hear, cant you hear the bearish thunder?
You better go down, you better take cover
  • #194,832
  • Sep 6, 2009 4:49pm Sep 6, 2009 4:49pm
I can see some invisible members now viewing the thread, with all respect I don't see any reason for being invisible, this is weird.
  • #194,833
  • Sep 6, 2009 4:55pm Sep 6, 2009 4:55pm
Quoting pino2
I can see some invisible members now viewing the thread, with all respect I don't see any reason for being invisible, this is weird.
Big brother...
  • #194,834
  • Sep 6, 2009 5:08pm Sep 6, 2009 5:08pm
Quoting I like steak
Been long into NFP, then got stopped out just above break even during NFP release.
I have traded the NFP movement for a 122pip rally in 4min and after that lost track in between work but wanted to take a long...geppy normally closes good on a Friday.

The 4hour was/is still strong. In this counter trend moves the daily will be to late to base a trade on, therefore the 4hour is strong enough for me atm.

The RSI on 4hour
The RSI on 1hour, when I see this falling it may start to signal the top of this retrace.

I am looking...
I am long here from 152.51...
  • #194,835
  • Sep 6, 2009 5:10pm Sep 6, 2009 5:10pm
Insider traders

Quoting pino2
I can see some invisible members now viewing the thread, with all respect I don't see any reason for being invisible, this is weird.
[
  • #194,836
  • Sep 6, 2009 5:20pm Sep 6, 2009 5:20pm
Quoting pino2
I can see some invisible members now viewing the thread, with all respect I don't see any reason for being invisible, this is weird.
that's one of the reason for less and less comments here ...

I agree, there is no reason to be invisible here. The question is:

What will happen, when evereone become invisible???

Awsome Army ...
  • #194,837
  • Sep 6, 2009 5:27pm Sep 6, 2009 5:27pm
How do a member becomes invisible in the first place? maybe Chris Angel or David Copperfield are also forex traders lol
  • #194,838
  • Sep 6, 2009 5:31pm Sep 6, 2009 5:31pm
Quoting Sunny66
How do a member becomes invisible in the first place? maybe Chris Angel or David Copperfield are also forex traders lol
maybe its a bug with FF?
  • #194,839
  • Sep 6, 2009 5:36pm Sep 6, 2009 5:36pm
Quoting Sunny66
How do a member becomes invisible in the first place? maybe Chris Angel or David Copperfield are also forex traders lol
Yes we have now 3 invisible members, one is Criss Angel and one is David Copperfield, but who is the third, might be David Blaine
  • #194,840
  • Sep 6, 2009 5:38pm Sep 6, 2009 5:38pm
Quoting Sunny66
How do a member becomes invisible in the first place? maybe Chris Angel or David Copperfield are also forex traders lol
on your "user panel" page there is an option, that means.. those "invisible" mebers are actualy FF memebers...

For a FUn.. We should do the same .. Everybody.. and start posting Non sences here...!!!
Attached Image (click to enlarge)
Click to Enlarge Name: panel.png Size: 87 KB
33 traders viewing now