Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 9959 | 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)

  • #199,161
  • Sep 21, 2009 9:46pm Sep 21, 2009 9:46pm
Quoting rgitt05
What fundamentals is going to get GJ up this target..First of all, the daily TL must break at 150 first before 153.00

Wishful thinking but not today..


......

.

Look at Daily what resistence Do you really see...besides all these candles at 150...151...or what ever..

Real resistence or supports are where candles stopped ..bounced or reversed,, that is 148.90.... 153.25....156.85

Also note Daily MACD.....RSI....
Markets are not Random, they are designed!
  • #199,162
  • Sep 21, 2009 9:52pm Sep 21, 2009 9:52pm
Still in the down channel..Do you know something that the market don't know for the GJ to rocket to 153.00 without fundamentals? The market is waiting for FOMC on wednesday at 2:15pm.




Quoting Raza
......

.
Attached Image (click to enlarge)
Click to Enlarge Name: 15gj1.gif Size: 42 KB
[
  • #199,163
  • Sep 21, 2009 9:54pm Sep 21, 2009 9:54pm
Please enlighten me!! I would like to see your setup in 12hr playout to 153.00



Quoting Raza
......

.

Look at Daily what resistence Do you really see...besides all these candles at 150...151...or what ever..

Real resistence or supports are where candles stopped ..bounced or reversed,, that is 148.90.... 153.25....156.85

Also note Daily MACD.....RSI....
[
  • #199,164
  • Sep 21, 2009 9:54pm Sep 21, 2009 9:54pm
Quoting rgitt05
Still in the down channel..Do you know something that the market don't know for the GJ to rocket to 153.00 without fundamentals? The market is waiting for FOMC on wednesday at 2:15pm.


I am not really a Fundamental Trader...

For the Sake of Fundamentals... If FOMC is gonna be Bad...they should take this higher ...as high as they Can...to sell in Strenght..After all its going Down Anyways...Whats the Rush. Gotta hunt Stops. You know G/J.. you know..
Markets are not Random, they are designed!
  • #199,165
  • Sep 21, 2009 9:55pm Sep 21, 2009 9:55pm
Quoting rgitt05
The COT Index is the percentile of the difference between net speculative positioning and net commercial positioning measured over a specific number of weeks (either 52 or 13)....
sorry I had to pull my UJ COT analysis chart down yesterday for a couple of corrections.

I'm in complete agreement on this. UJ is going to make a big move this month.

some pairs correlate better to COT futures and options. The UJ and EU are 2 that work well. Both the EU carry trades from 97 to 01 and the 01 to 08 (that made a lot of traders very rich) had their entries and exits signaled by the 0/100 - 100/0 COT.
(Something to note, most pullbacks are signalled by an 80/20 ratio.)

If anyone is interested, you can get live COT charts here
http://www.timingcharts.com/index.php

I am seeing something very similar to what raza is as a potential bounce to towards the 170 correction.

http://www.forexfactory.com/showthre...75#post3066875

The UJ may be one of the wild cards in the deck and shouldn't be ignored. The Japan Industrial numbers coming out this month will be bad because the stimulus has wound down. I think this is the hedge on the UJ that the Yen will weaken. All the nonsense about the BOJ not intervening should be ignored. It's an export economy. They're playing rope a dope right now.

last week someone asked why the Yen is so strong if Japan's economy is in the toilet. I dug out this chart that shows why. Everything is relative. A weak Japan economy is still a powerhouse compared to most countries when their economies are strong. No one's putting their money in Pesos right now...

This wealth of nations chart paints each nations size in terms of relative wealth. (the 2015 US size projection should probably be smaller, but this was made before the US economic crisis).
Attached Image(s) (click to enlarge)
Click to Enlarge Name: newcotuj.gif Size: 25 KB
Click to Enlarge Name: WealthOfNations-751108.jpg.jpg Size: 154 KB
  • #199,166
  • Sep 21, 2009 9:57pm Sep 21, 2009 9:57pm
Still learning...


Quoting Raza
I am not really a Fundamental Trader...

For the Sake of Fundamentals... If FOMC is gonna be Bad...they should take this higher ...as high as they Can...to sell in Strenght..After all its going Down Anyways...Whats the Rush. Gotta hunt Stops. You know G/J.. you know..
[
  • #199,167
  • Sep 21, 2009 10:00pm Sep 21, 2009 10:00pm
Yes the GJ will bounce but not in 12hr time before the FOMC...



Nice analysis...

Quoting Fudomyo
sorry I had to pull my UJ COT analysis chart down yesterday for a couple of corrections.

I'm in complete agreement on this. UJ is going to make a big move this month....
[
  • #199,168
  • Sep 21, 2009 10:08pm Sep 21, 2009 10:08pm
Here's my short term outlook for the GY.

I'm currently short from 149.4 so watching closely. If we break the LTL of the 1H bull channel my targets are 148 (and 146.7 if we're lucky) If the 1H bull channel holds my conservative target on the upside is 150.

Slow PA last 2 days, so not sure how much movement we'll get before FOMC.
Attached Image (click to enlarge)
Click to Enlarge Name: tuechan.gif Size: 32 KB
  • #199,169
  • Edited 10:23pm Sep 21, 2009 10:12pm | Edited 10:23pm
Quoting rgitt05
Yes the GJ will bounce but not in 12hr time before the FOMC...


cheers! I'm short right now.

that chart is my long term view once the reversal has been established. I still think we still can hit 146.7, so haven't loaded up any longs yet.
  • #199,170
  • Sep 21, 2009 10:13pm Sep 21, 2009 10:13pm
Quoting rgitt05
Please enlighten me!! I would like to see your setup in 12hr playout to 153.00

gj is weak

3 hour chart .. vsa shows sellers as mentioned earlier and rsx turned down

we are still in wave 3 that could take us all the way to 145

Attached Image (click to enlarge)
Click to Enlarge Name: chart648.png Size: 208 KB
Blogging daily now at www.volume.zone
  • #199,171
  • Sep 21, 2009 10:14pm Sep 21, 2009 10:14pm
Quoting Raza
I am not really a Fundamental Trader...

For the Sake of Fundamentals... If FOMC is gonna be Bad...they should take this higher ...as high as they Can...to sell in Strenght..After all its going Down Anyways...Whats the Rush. Gotta hunt Stops. You know G/J.. you know..
fomc will be status quo i bet ...

gu will continue the down trend we have seen on daily .. t5his is just a consolidation phase
Blogging daily now at www.volume.zone
  • #199,172
  • Sep 21, 2009 10:20pm Sep 21, 2009 10:20pm
I know malcolmb understand PA well. Volume tells you who is in control atm..

I can't help myself to see the blind lead the blind without charts..





Quoting malcolmb14
gj is weak

3 hour chart .. vsa shows sellers as mentioned earlier and rsx turned down

we are still in wave 3 that could take us all the way to 145

Attachment
[
  • #199,173
  • Sep 21, 2009 10:23pm Sep 21, 2009 10:23pm
I figured Japan being out for three days,FOMC PA will be major movement for the month.

I'm seeing 140.00 level or lower before buy a long position

IMHO

Wait and see



Quoting Fudomyo
cheers! I'm short right now.

I'm hoping we hit 146.7 before I load up any longs.
[
  • #199,174
  • Sep 21, 2009 10:29pm Sep 21, 2009 10:29pm
It been a while since both GU and UJ move in the same direction

Bearish

Attached Image(s) (click to enlarge)
Click to Enlarge Name: 15gu.gif Size: 40 KB
Click to Enlarge Name: 15uj.gif Size: 43 KB
[
  • #199,175
  • Sep 21, 2009 10:38pm Sep 21, 2009 10:38pm
Quoting rgitt05
I figured Japan being out for three days,FOMC PA will be major movement for the month.

I'm seeing 140.00 level or lower before buy a long position

IMHO

Wait and see


140 would be lovely!

actually I'm on holiday... I think

I brought my laptop to the onsen. lol

Thursday and Friday Asia session may be slow as well, it is unusual for the 3 holidays in September to line up like this in Japan, so a lot of people will probably take the whole week off.
  • #199,176
  • Sep 21, 2009 10:42pm Sep 21, 2009 10:42pm



Quoting Fudomyo
140 would be lovely!

actually I'm on holiday... I think

I brought my laptop to the onsen. lol

Thursday and Friday Asia session may be slow as well, it is unusual for the 3 holidays in September to line up like this in Japan, so a lot of people will probably take the whole week off.
[
  • #199,177
  • Sep 21, 2009 10:57pm Sep 21, 2009 10:57pm
OK,,,Guys may be I am seeing things...so Please trade you Charts..

I have this Double Bottom view at 148.06.. I will attempt to Buy from there..if it goes back there,

Trade your Charts ...

I might become the Dwarf...G/J may swallow...lol....
Markets are not Random, they are designed!
  • #199,178
  • Sep 21, 2009 11:00pm Sep 21, 2009 11:00pm
uj is at hourly ema50 so might holds a while
gj forms some sort of bullflag if LTL holds

momentum supports upmove for both pairs today

btw goodmorning/evening
  • #199,179
  • Sep 21, 2009 11:06pm Sep 21, 2009 11:06pm
think kabooom on its way,
closed longs from 149.00 and opened shorts hope we dont start ranging,
Best of luck in your quest for pips today everyone......
  • #199,180
  • Sep 21, 2009 11:10pm Sep 21, 2009 11:10pm
Quoting Temps
think kabooom on its way,
closed longs from 149.00 and opened shorts hope we dont start ranging,
Best of luck in your quest for pips today everyone......
You woke up from your "whisky in the one hand and FOMC introduction in the other hand" evening?

21 traders viewing now