Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 9821 | 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)

  • #196,401
  • Sep 10, 2009 2:54pm Sep 10, 2009 2:54pm
Quoting Piters
bro.. i dont wanna sound like a Malcadamus (with all respects).. but seeing the asian indexes..

N225 - retraced the high at F618 with possible top on right shoulder.
SSI - retraced the top and now right on F 382
HSI - retraced the top and now right on F 382.

I dont want ot scare you , just to headup what you should expect from tomoorow Asia session.. and if we close DOW or YM before tokyo opens with 50-60 points below the current HIGH.. and with current high we are having a SELL DOUBLE TOP... on DOW/S&P

Then. you do not need an answer.. Just...
So, what is your point Piters? Are u on the KAAPUSSSH side now?
  • #196,402
  • Sep 10, 2009 2:55pm Sep 10, 2009 2:55pm
Quoting mktjong
So, what is your point Piters? Are u on the KAAPUSSSH side now?
mate if this is correct, i think that asia will sell hard..
the charts looks bearish to me.. we may see a selloff.. again.. just a headup.. not a call.. all those indexes are on the FIbonacci retracment levels. Hikkei on 61 , chinese indexes on 382.. dow on Double top today (daily)

Im talking a possible (very possible ) bearish setup
  • #196,403
  • Sep 10, 2009 2:58pm Sep 10, 2009 2:58pm
Quoting Piters
mate if this is correct, i think that asia will sell hard..
Ok, that's what I like to hear
Well, today's treasuries data may already reflect that too .. let's see. Thanks bud.
  • #196,404
  • Sep 10, 2009 3:01pm Sep 10, 2009 3:01pm
Quoting Piters
mate if this is correct, i think that asia will sell hard..
the charts looks bearish to me.. we may see a selloff.. again.. just a headup.. not a call.. all those indexes are on the FIbonacci retracment levels. Hikkei on 61 , chinese indexes on 382.. dow on Double top today (daily)

Im talking a possible (very possible ) bearish setup
Piters, do the support/resistance levels and Fib retracements work on panic sells? Or in cases like that one should be more focused on fundamental stuff and market gossips? Not that I expect one, just did not see something like this before
  • #196,405
  • Sep 10, 2009 3:02pm Sep 10, 2009 3:02pm
Quoting Piters
bro.. i dont wanna sound like a Malcadamus (with all respects).. but seeing the asian indexes..

N225 - retraced the high at F618 with possible top on right shoulder.
SSI - retraced the top and now right on F 382
HSI - retraced the top and now right on F 382.

I dont want ot scare you , just to headup what you should expect from tomoorow Asia session.. and if we close DOW or YM before tokyo opens with 50-60 points below the current HIGH.. and with current high we are having a SELL DOUBLE TOP... on DOW/S&P

Then. you do not need an answer.. Just...
Malcom get out of this men's body!!!lol
  • #196,406
  • Sep 10, 2009 3:06pm Sep 10, 2009 3:06pm
Quoting Maks
Piters, do the support/resistance levels and Fib retracements work on panic sells? Or in cases like that one should be more focused on fundamental stuff and market gossips? Not that I expect one, just did not see something like this before
lol mate.. nothing works on panic mode.. only central banks and their levels..
and they are usualy on some round numbers or old S/R levels.. remembering 2007 and 2008 drop.. when is hot.. goes down.. 1000pips easy..

but in our case.. I dont think taht we are going to see a impuslive or volatiole moves but rather slow drop until we retrace the correction.. Best way is to play the drops and retracements too.. but signals are clear..today/next week/ months.. we are going to see some lower levels..
so, no rush.. step by step
  • #196,407
  • Sep 10, 2009 3:11pm Sep 10, 2009 3:11pm
Quoting Piters
lol mate.. nothing works on panic mode.. only central banks and their levels..
and they are usualy on some round numbers or old S/R levels.. remembering 2007 and 2008 drop.. when is hot.. goes down.. 1000pips easy..

but in our case.. I dont think taht we are going to see a impuslive or volatiole moves but rather slow drop until we retrace the correction.. Best way is to play the drops and retracements too.. but signals are clear..today/next week/ months.. we are going to see some lower levels..
so, no rush.. step by step
Thanks for the hints mate!
  • #196,408
  • Sep 10, 2009 3:11pm Sep 10, 2009 3:11pm
Have a look at the Monthly Gold chart.

A test above 1000 in March '08 followed by a pretty big drop. Area of red elipse signifies long term buyers with such high volume. (Sept '09, risk aversion etc).
The next few months show good volume culminating in a low volume test of 1000 in Feb '09. (bullish sign). Since Feb, volumes have been at increasing or reasonable levels and we're again testing the 1000 level.

The interesting thing will be to see where Gold finishes this month in relation to the volume traded.

Looks very bullish I think, but any thoughts welcome.

Chart:
Attached Image (click to enlarge)
Click to Enlarge Name: gold.gif Size: 23 KB
  • #196,409
  • Sep 10, 2009 3:19pm Sep 10, 2009 3:19pm
Look at the corelation of the DJ and GJ...

Sounds like a kaboom markup for asian time...

Good way to end the week with a kaboom

I read this somewhere but I don't have the link..

Take it for what it is worst..

In the words of one savvy financial analyst, China has essentially told the U.S. to "go straight to hell."

How, you ask?

Basically, China is preparing to default on Trillions of dollars worth of derivatives sold to them by U.S. banks.

China considers the sale of these derivatives to be financial fraud and, therefore, an "act of war."

No matter who's right or wrong, China's default will have massive implications here in the U.S. if and when it comes to pass.

Let me use numbers to paint a picture for you:

Fact #1: Global GDP is around $60.1 Trillion.

Fact #2: The globe's total financial assets were around $167 Trillion as of the year 2006 -- probably a bit less today.

Fact #3: As of late 2008, the derivatives market totaled $531 Trillion -- more than 3x total financial assets worldwide.

Now you know why they say the derivatives market is a "ticking time bomb." When it blows, it's gonna blow big.

Inserted Video



And if China defaults on the Trillions of derivatives they hold, it's bound to set off a chain reaction that will wreak havoc on Wall Street and around the entire world.

Because if China defaults, you can be sure other countries won't be far behind.

Fundamentals explain this wacko PA to with the GJ and DJ




One more thing Obama said himself thing will get worst before it gets better..

All aboard....


Quoting Piters
lol mate.. nothing works on panic mode.. only central banks and their levels..
and they are usualy on some round numbers or old S/R levels.. remembering 2007 and 2008 drop.. when is hot.. goes down.. 1000pips easy..

but in our case.. I dont think taht we are going to see a impuslive or volatiole moves but rather slow drop until we retrace the correction.. Best way is to play the drops and retracements too.. but signals are clear..today/next week/ months.. we are going to see some lower levels..
so, no rush.. step by step
[
  • #196,410
  • Sep 10, 2009 3:40pm Sep 10, 2009 3:40pm
bro even I know that this is true, I realy hope it is noot gonna happen in a way shown on your picture.. WHY ?

with a kaboom, a many brokers will go kaboom, and also accounts too.. kaboom.. so.. idealy:

a slow, controled drop of few thousand pips from here, and back again UP..
so , with at less colaterals it's possible..

cheers.. !

P.S. china, yes.. it is a ticking bombonne bro I know.. very interesting to watch how they are going to play.. Are they are behing the GOLD push, or FEDS.. we'll find out soon, very soon..

cheers!
  • #196,411
  • Sep 10, 2009 3:55pm Sep 10, 2009 3:55pm
i wish i have AK47 i will kaboom GJ give for robert alone
MY OPINION NOT FINANCIAL ADVISE
  • #196,412
  • Sep 10, 2009 4:06pm Sep 10, 2009 4:06pm
Just to Add,

Yeah, 'have to say getting back on 'posts,
on Cable Update, this one, it's been everything from
Suicide today to Banks to now, nuculear explosions!
-Hilarious (mainly) all of it.
'Hope that Topesides guy did NOT drink the Cool Aid!
I will work to Objectively Identify my Edges
  • #196,413
  • Sep 10, 2009 4:15pm Sep 10, 2009 4:15pm
germany selling the US bonds

http://www.bloomberg.com/apps/news?p...d=a22vNiCVLSaw
  • #196,414
  • Sep 10, 2009 4:27pm Sep 10, 2009 4:27pm
Tonite at 10pm china will release

Industrial Production y/y

Major price action..This news release should help break the camels back..




Quoting Piters
bro even I know that this is true, I realy hope it is noot gonna happen in a way shown on your picture.. WHY ?

with a kaboom, a many brokers will go kaboom, and also accounts too.. kaboom.. so.. idealy:

a slow, controled drop of few thousand pips from here, and back again UP..
so , with at less colaterals it's possible..

cheers.. !

P.S. china, yes.. it is a ticking bombonne bro I know.. very interesting to watch how they are going to play.. Are they are behing the GOLD push, or FEDS.. we'll find out soon, very soon..

cheers!...
[
  • #196,415
  • Sep 10, 2009 4:30pm Sep 10, 2009 4:30pm
Quoting rgitt05
You will have to wait when it hit 140-141 area first..

GJ is running out of gas going up that steep hill.

it never was a steep hill.. it is just a road full of pot holes.. the hill was a week ago now daily is consolidating with a row of dojis...
  • #196,416
  • Sep 10, 2009 4:32pm Sep 10, 2009 4:32pm
Quoting Piters
lol mate.. nothing works on panic mode.. only central banks and their levels..
and they are usualy on some round numbers or old S/R levels.. remembering 2007 and 2008 drop.. when is hot.. goes down.. 1000pips easy..

but in our case.. I dont think taht we are going to see a impuslive or volatiole moves but rather slow drop until we retrace the correction.. Best way is to play the drops and retracements too.. but signals are clear..today/next week/ months.. we are going to see some lower levels..
so, no rush.. step by step
how low you are predict bro....
  • #196,417
  • Sep 10, 2009 4:33pm Sep 10, 2009 4:33pm
Quoting mamufx
how low you are predict bro....
bro still im thinking in stages.. first 146 then 135-6,
if taken then we might see a low retest.. but step by step.. one after another...
  • #196,418
  • Sep 10, 2009 4:34pm Sep 10, 2009 4:34pm
Bearish... bahahha i told you guys its still bullish market.. Its not going down yet. All because it spiked doesnt mean it will drop.. We have long postions OPEN!!!
  • #196,419
  • Sep 10, 2009 4:45pm Sep 10, 2009 4:45pm
Quoting feardox
Bearish... bahahha i told you guys its still bullish market.. Its not going down yet. All because it spiked doesnt mean it will drop.. We have long postions OPEN!!!
Save the long for another week bro.. the price can't even make it to the 153 zone.. how can it move higher? Look at daily, it doesn't even want to be in the 153's zone.. I'm not too optimistic as piters here targetting 130's.. but I think 149's is very possible...
  • #196,420
  • Sep 10, 2009 4:52pm Sep 10, 2009 4:52pm
Quoting A-speculator
Save the long for another week bro.. the price can't even make it to the 153 zone.. how can it move higher? Look at daily, it doesn't even want to be in the 153's zone.. I'm not too optimistic as piters here targetting 130's.. but I think 149's is very possible...
enjoy then
133 traders viewing now