Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 9887 | 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)

  • #197,721
  • Sep 15, 2009 9:38pm Sep 15, 2009 9:38pm
strange that the SSE seems to be acting the veritable contrarian indicator to all other major indicies lately.
  • #197,722
  • Sep 15, 2009 9:43pm Sep 15, 2009 9:43pm
-------------
FXstreet.com (Buenos Aires) – GBP/USD Current Price: 1.6491. Pound remains under pressure after breaking under key 1.6520 strong zone; hourly charts show 20 SMA crossing 200 EMA, and with a strong bearish slope, suggesting rises will remain limited in the pair. Indicators show no real upside strength here and losing upside momentum, so we could understand correction is complete and pair should attempt a break lower.

“Bigger time frames remain bearish thus pair needs to confirm under 1.6440 area to accelerate the fall, fist to the 1.6400 zone, yesterday’s low, followed by stronger 1.6370 level; if this last gives up, expect the pair to extend the downside rally in the mid term,” said Valeria Bednarik, collaborator at FXstreet.com.

Support levels: 1.6440 1.6400 1.6370. Resistance levels: 1.6520 1.6550 1.6600.
---------------
"Hate the sin, love the sinner." - Gandhi
  • #197,723
  • Sep 15, 2009 9:43pm Sep 15, 2009 9:43pm
Quoting Que
I had to learn a few mistakes, then take time to digest my problems and fix them.

Had some stupid problems last year. After my son got better I started trading again last year. I hit a crazy run of great trades. I think I was running around 87% winners 5 months in a row. I was in the top 20 on the IBFX contest thing all 5 months. Then I got stupid and started thinking my shit did not stink. I was making indicators for everyone and there brother and people were sending me donations. Between trading and donations, I turned a $1000 account into an...

Yes sir forums psyche can destroy commitment

great going on the accumulation, and u will be back there again
"Millionaires don't use astrology, billionaires do"
  • #197,724
  • Sep 15, 2009 9:45pm Sep 15, 2009 9:45pm
Oh I'm getting there...

AUDCHF has been good to me the last few months. Puth an EMA 62 on the daily and look at those bounces.

It may seem silly but this is a trade I just can not bring myself to get out of. It has such potential, I am posotive, but the weekly is telling me a story that says hold the short...

Que

Quoting malcolmb14
hi que .. how the devil r u ?

overall selling gj when possible... really hate being long gj for some reason , even intraday make me nervous.

GU i am trading both ways as it seems to be forming really nice moves of 100 pip swings , which is more than I can say for gj these days
Attached Image (click to enlarge)
Click to Enlarge Name: monthgu.gif Size: 15 KB
Que
  • #197,725
  • Sep 15, 2009 9:45pm Sep 15, 2009 9:45pm
we're moving now to the downside..
  • #197,726
  • Sep 15, 2009 9:49pm Sep 15, 2009 9:49pm
Quoting malcolmb14
today SSE down .... taking gj down....

I was hoping for a nice retrace in Asia so that i sell just before bed...lol
where do u see this ??
  • #197,727
  • Sep 15, 2009 9:49pm Sep 15, 2009 9:49pm
Yes, the corrective wave is closed on 4h GU, pointing down now. Persistance pays off.
"Hate the sin, love the sinner." - Gandhi
  • #197,728
  • Sep 15, 2009 9:50pm Sep 15, 2009 9:50pm
EJ UJ EU EG up

GU GJ down

what a market
  • #197,729
  • Sep 15, 2009 9:53pm Sep 15, 2009 9:53pm
EJ will follow GJ soon I think, EU I just watch for small movements as they get amplified on GJ and GU.

Euro is too strong right now but also very overbought.
"Hate the sin, love the sinner." - Gandhi
  • #197,730
  • Sep 15, 2009 9:53pm Sep 15, 2009 9:53pm
GJ looks really ugly and bearish but i will hold to mr.elliott and see what happend
  • #197,731
  • Sep 15, 2009 9:53pm Sep 15, 2009 9:53pm
Quoting malcolmb14
15 min chart .... 1.6560 holds targets 1.6330 / 1.6220

Attachment

Attachment

Question?'

Your first chart wave 4..

EW rules are wave4 cannot intersect wave1... This is created By software whats up with that?

The way Angle is for G/J.. looks like we can see 4 hr close in 148..
Markets are not Random, they are designed!
  • #197,732
  • Sep 15, 2009 9:59pm Sep 15, 2009 9:59pm
Quoting Raza
Question?'

Your first chart wave 4..

EW rules are wave4 cannot intersect wave1... This is created By software whats up with that?

The way Angle is for G/J.. looks like we can see 4 hr close in 148..
didn't concentrate on the chart yet

but wave 4 can intersect with wave 1 in two condition :

if the wave is Ending Diagnol and if its Leading Diagnol

in impulse wave intersecting is forbidden
  • #197,733
  • Sep 15, 2009 10:02pm Sep 15, 2009 10:02pm
Quoting msniper
didn't concentrate on the chart yet

but wave 4 can intersect with wave 1 in two condition :

if the wave is Ending Diagnol and if its Leading Diagnol

in impulse wave intersecting is forbidden

Look at the chart please ..it does not look like any DIAGNOL.??

What do you think.. also check your PM..

Stuck in negative trade off 149.96 ..atm
Markets are not Random, they are designed!
  • #197,734
  • Sep 15, 2009 10:13pm Sep 15, 2009 10:13pm
Quoting msniper
EJ UJ EU EG up

GU GJ down

what a market
correction and addition:

GJ UJ GU GBPCHF - down

EG - up

EJ - not yet down - momentum 1h is down
  • #197,735
  • Sep 15, 2009 10:14pm Sep 15, 2009 10:14pm
Quoting Raza
Look at the chart please ..it does not look like any DIAGNOL.??

What do you think.. also check your PM..

Stuck in negative trade off 149.96 ..atm
i am not sure which wave 4 your talking about if you could point out because there are lots of wave 4

the thing is my view is different than malc view as he count it as a normal wave and i count it as correction wave

i can't put my internal count for the C wave right now because its too early may be the top we made at 6510 is wave 1 and we are at wave 2 now and it will end soon then another push up and may be not

thats why i dont like to count every few hours its pointless and it might ditract u
Attached Image (click to enlarge)
Click to Enlarge Name: ccc.png Size: 12 KB
  • #197,736
  • Sep 15, 2009 10:16pm Sep 15, 2009 10:16pm
Quoting msniper
i am not sure which wave 4 your talking about if you could point out because there are lots of wave 4

the thing is my view is different than malc view as he count it as a normal wave and i count it as correction wave

i can't put my internal count for the C wave right now because its too early may be the top we made at 6510 is wave 1 and we are at wave 2 now and it will end soon then another push up and may be not

thats why i dont like to count every few hours its pointless and it might ditract u

Not talking about your Count... MALCOLMBS last G/J Chart... He posted 2 together, That One.
Markets are not Random, they are designed!
  • #197,737
  • Sep 15, 2009 10:17pm Sep 15, 2009 10:17pm
Quoting A-speculator
correction and addition:

GJ UJ GU GBPCHF - down

EG - up

EJ - not yet down - momentum 1h is down
YEA, Pippin' now
"Hate the sin, love the sinner." - Gandhi
  • #197,738
  • Sep 15, 2009 10:17pm Sep 15, 2009 10:17pm
Quoting A-speculator
correction and addition:

GJ UJ GU GBPCHF - down

EG - up

EJ - not yet down - momentum 1h is down
hehe true
  • #197,739
  • Sep 15, 2009 10:18pm Sep 15, 2009 10:18pm
Quoting Raza
Not talking about your Count... MALCOLMBS last G/J Chart... He posted 2 together, That One.
ok i know what u mean but

there is alot of wave 4 inside his chart which one u mean ?

put arrow on it
  • #197,740
  • Sep 15, 2009 10:21pm Sep 15, 2009 10:21pm
Quoting msniper
ok i know what u mean but

there is alot of wave 4 inside his chart which one u mean ?

put arrow on it

Sorry G/U chart not G/J..

wave 4 around 16550...if it is if you look to left it intersected wave 1 by few pips.

Guess that count is Wrong... I see another wave4.. down below..
Markets are not Random, they are designed!
81 traders viewing now