Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 9915 | 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)

  • #198,281
  • Sep 16, 2009 10:56pm Sep 16, 2009 10:56pm
Quoting Raza
146 should be taken out to call this a Double Top.. imo..


PA is getting weird WE had a large CUP made Handle and Now handle is having a handle??/ 30M.
Second handle is Tokyo sushi break in action. 5 minutes till sushi is all gone and traders back at their desks.
  • #198,282
  • Sep 16, 2009 10:57pm Sep 16, 2009 10:57pm
Quoting sinned
I think unfortunately people like Dennis Kneale sometimes end up being right, but just for the wrong reasons. Everything right now is liquidity driven and dips are being bought regardless of the outlook.
Dennis Kneale can be sorted into the 'Can't find Wally in a Wally portrait' group . The guy really is a tool. Skirt length indicators, Jeans thickness indicators....... always thought that may have something to do with the changing of the seasons rather than the market.

He was caught on air in 2007 i think it was asking aloud what the VIX was. The calibre of financial reporters in the US have really dropped recently
  • #198,283
  • Sep 16, 2009 10:58pm Sep 16, 2009 10:58pm
Quoting Raza
146 should be taken out to call this a Double Top.. imo..


PA is getting weird WE had a large CUP made Handle and Now handle is having a handle??/ 30M.

Think we see lower 149 again

u have cup and handle on ur chart.....but i cant see the spoon....
MY OPINION NOT FINANCIAL ADVISE
  • #198,284
  • Sep 16, 2009 11:03pm Sep 16, 2009 11:03pm
Quoting sinner-
Err right, not really sure how you decide I'm a bull because I don't think this is a double top yet. I was long gold from 685 mate, hows that for bearish.

I think it is time for some of you to go back to chart school:

http://stockcharts.com/school/doku.p...rns:double_top
How did move into Gold? I was talking GJ

and wait.... are you suggesting longing gold 685 meant being bearish?
  • #198,285
  • Sep 16, 2009 11:04pm Sep 16, 2009 11:04pm
Quote
I think it is time for some of you to go back to chart school:

http://stockchart
Attached Image
s.com/school/doku.p...rns:double_top








Thanks
  • #198,286
  • Sep 16, 2009 11:05pm Sep 16, 2009 11:05pm
Quoting donfriday
u have cup and handle on ur chart.....but i cant see the spoon....
Spoon in My Hand.. ready to scoop..
Markets are not Random, they are designed!
  • #198,287
  • Sep 16, 2009 11:07pm Sep 16, 2009 11:07pm
Quoting t2l&l2t
Thanks
IS not 146.xx the lowest point.??

Wow ...page is Blown.. lol..
Markets are not Random, they are designed!
  • #198,288
  • Sep 16, 2009 11:07pm Sep 16, 2009 11:07pm
Quoting Eulogy
How did move into Gold? I was talking GJ

and wait.... are you suggesting longing gold 685 meant being bearish?
Long gold is bearish on the economy as a whole.

Let's face it, the instrument is largely irrelevant, since Sep 08 we are all playing the "risk appetite/carry trade versus fear" game.

Proof is in the pudding.

No worries t2l, we are all here to learn.
  • #198,289
  • Sep 16, 2009 11:12pm Sep 16, 2009 11:12pm
And raza thank you to, I really had thought you could treat a double top like H&S
  • #198,290
  • Sep 16, 2009 11:13pm Sep 16, 2009 11:13pm
Quoting Eulogy
Dennis Kneale can be sorted into the 'Can't find Wally in a Wally portrait' group . The guy really is a tool. Skirt length indicators, Jeans thickness indicators....... always thought that may have something to do with the changing of the seasons rather than the market.

He was caught on air in 2007 i think it was asking aloud what the VIX was. The calibre of financial reporters in the US have really dropped recently
As far as CNBC goes, Mark Haynes and Santelli and the only ones that somewhat understand the markets. As soon as power lunch comes on I start jabbing forks into my eyeballs.
  • #198,291
  • Sep 16, 2009 11:18pm Sep 16, 2009 11:18pm
Quoting t2l&l2t
And raza thank you to, I really had thought you could treat a double top like H&S
Shampoo is a harmonic pattern, and indicates a very specific set of circumstances occurring. It is not simply a pattern that plays out for no reason.

You should do research to understand why a H&S is what it is, and why it plays out the way it does so often.

Double top is not harmonic pattern.
  • #198,292
  • Sep 16, 2009 11:18pm Sep 16, 2009 11:18pm
Malcomb,

Great call off of 149.65 I took @ 149.82 thinking of cutting for aprox 25 pips, this is the first long i have taken in weeks and makes me nervous.



Holdem or foldem,,, I beleive in a retrace, but reversal???
  • #198,293
  • Sep 16, 2009 11:20pm Sep 16, 2009 11:20pm
Quoting sinned
As far as CNBC goes, Mark Haynes and Santelli and the only ones that somewhat understand the markets. As soon as power lunch comes on I start jabbing forks into my eyeballs.
Power lunch? you can actually be bothered to stay up that late? Do you live in Perth? even so that's like 1am in the morning when it starts. no wonder you're jabbing your eyeballs
  • #198,294
  • Sep 16, 2009 11:24pm Sep 16, 2009 11:24pm
what im looking at
Attached Image (click to enlarge)
Click to Enlarge Name: daily gj hs 2nd.gif Size: 20 KB
  • #198,295
  • Sep 16, 2009 11:26pm Sep 16, 2009 11:26pm
Thanks very much for that chart cohiba, I use MML also but at work currently so no access to my MT4.

151.5 looks on the cards from your chart.
  • #198,296
  • Sep 16, 2009 11:37pm Sep 16, 2009 11:37pm
Quoting sinner-
Thanks very much for that chart cohiba, I use MML also but at work currently so no access to my MT4.

151.5 looks on the cards from your chart.
for sure sinner just have to see if this is a bullish dragonfly or not you would think so but in such a strong downward move its hard to say this is what makes trading worth while
  • #198,297
  • Sep 16, 2009 11:38pm Sep 16, 2009 11:38pm
Quoting sinner-
Thanks very much for that chart cohiba, I use MML also but at work currently so no access to my MT4.

151.5 looks on the cards from your chart.
I have been arguing that since early US session .....

151.50 and maybe 152.50

that is the mother of all shakeouts on GU and the precursor to the GU breakout coming later in news....taking gu to 1.6700 and gj to my 151.50 target

Attached Image (click to enlarge)
Click to Enlarge Name: chart609.png Size: 168 KB
Blogging daily now at www.volume.zone
  • #198,298
  • Sep 16, 2009 11:41pm Sep 16, 2009 11:41pm
Quoting malcolmb14
I have been arguing that since early US session .....

151.50 and maybe 152.50

that is the mother of all shakeouts on GU and the precursor to the GU breakout coming later in news....taking gu to 1.6700 and gj to my 151.50 target

Attachment
Mate I never disagreed with your views even once so far. We share our views it seems. Personally I thought you had me on ignore list.
  • #198,299
  • Sep 16, 2009 11:43pm Sep 16, 2009 11:43pm
Quoting t2l&l2t
And raza thank you to, I really had thought you could treat a double top like H&S

No need to thanks..

Head and shoulder is Different..

As for the Confirmed Double Top 146 should be Broken..
Markets are not Random, they are designed!
  • #198,300
  • Sep 16, 2009 11:56pm Sep 16, 2009 11:56pm
Quoting Raza
No need to thanks..

Head and shoulder is Different..

As for the Confirmed Double Top 146 should be Broken..
what double top 163 ?

since then we moved down 1400 pips....
Blogging daily now at www.volume.zone
673 traders viewing now