Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 9961 | 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)

  • #199,201
  • Sep 22, 2009 3:46am Sep 22, 2009 3:46am
Quoting direct-trade
Another point to bear in mind is more Shorts are waiting for 150 before jumping in, so I would not be surprised at all if we fell from 14985 area just for sh*ts and giggles lol. Of course, we could just fall from here.
I like the way u put it, i thought so too...that's why i tried 149.60 not sure if it will hit, my broker has gay 7 pips spread on GBPJPY but i have reason to use this broker lol. I wish to reload short at 150 but have to see the volume on the spikes before making decision. Else it can go even more higher imo.
  • #199,202
  • Sep 22, 2009 3:46am Sep 22, 2009 3:46am
Quoting OrionsWay
FOMC always vrings volatility, everyone positioned already, so whats the logical move from the eyes of the smart money now?

i have less knowledge about fundamental, all i do it technical that is why i seek for opinion from those who no the update in the fundamental.
MY OPINION NOT FINANCIAL ADVISE
  • #199,203
  • Sep 22, 2009 3:57am Sep 22, 2009 3:57am
Quoting donfriday
i have less knowledge about fundamental, all i do it technical that is why i seek for opinion from those who no the update in the fundamental.

Yea i know not much about fundies, except they lag the market by ALOT and they eventually play out as the market foresee's future events in the technical view.
But lets ask this ? fundamentally a strong euro means what for the Union

Just like yen, does a strong yen help the little piece of land surrounded by water, that is totally 100% import?
"Millionaires don't use astrology, billionaires do"
  • #199,204
  • Sep 22, 2009 4:01am Sep 22, 2009 4:01am
Quoting OrionsWay
Yea i know not much about fundies, except they lag the market by ALOT and they eventually play out as the market foresee's future events in the technical view.
But lets ask this ? fundamentally a strong euro means what for the Union

Just like yen, does a strong yen help the little piece of land surrounded by water, that is totally 100% import?
trourist get high yen exchange rate and come to the country for shopping ? Foreign will come and do more investment because they can have more investment fund due to strong yen ? man my pure speculation lol.
  • #199,205
  • Sep 22, 2009 4:07am Sep 22, 2009 4:07am
Quoting Minakata
trourist get high yen exchange rate and come to the country for shopping ? Foreign will come and do more investment because they can have more investment fund due to strong yen ? man my pure speculation lol.


thats fine if its purely a tourist nation period but as for investment, japan relies on exports, sure strong yen buys more commods , but return of investment for exports hurts more than its gain from the strength, Cant have it both ways


Bottom line IMO USD needs to flourish so it can bolster the rest of the worlds economies, if not recovery will not happen. USA is the PIG of foreign shit, we buy shit period more so than any other country or several combined countries, we no buy they no make, seems simple enough psychology, no money to purchase, these emerging countries go back to stone houses
"Millionaires don't use astrology, billionaires do"
  • #199,206
  • Edited 5:04am Sep 22, 2009 4:09am | Edited 5:04am
it smells like a triangle
Attached Images
  • #199,207
  • Sep 22, 2009 4:09am Sep 22, 2009 4:09am
Quoting direct-trade
these rises every morning starting at 9am gmt (bst) for between 1-5 hours are distribution spikes. They have been occurring for the last 2 weeks without fail.

I would say large scale distribution ready for a large fall in gbp across the board.

Still holding short cable 16683 and gbp/jpy 15220. Reloaded @ 15109.

Inverse haed and shoulders appearing on 4hr, bounce from bottom of range etc etc. All is in place to tempt longs, seems to be working. Most of market will be convinced and remain long....just as we fall through 148 and accelerate to...
brother can u tell me what is distribution if u can tell with chart
  • #199,208
  • Sep 22, 2009 4:31am Sep 22, 2009 4:31am
Cable:
Attached Image (click to enlarge)
Click to Enlarge Name: 11.gif Size: 19 KB
  • #199,209
  • Sep 22, 2009 4:31am Sep 22, 2009 4:31am
Quoting OrionsWay
thats fine if its purely a tourist nation period but as for investment, japan relies on exports, sure strong yen buys more commods , but return of investment for exports hurts more than its gain from the strength, Cant have it both ways


Bottom line IMO USD needs to flourish so it can bolster the rest of the worlds economies, if not recovery will not happen. USA is the PIG of foreign shit, we buy shit period more so than any other country or several combined countries, we no buy they no make, seems simple enough psychology, no money to purchase,...
Yeah, my country, won't tell u where , uses same technique, they adjust the strength of the currency of the nation to suit investors' taste because they r the boss, they bring money in, and they bring money out, to make a strong yen now doesn't means it will never go weak afterward. But at the beginning of the recovery time, investors feels good to have more investment(due to high yen) than weak yen(which will need more of their currency to exchange for the yen). So later on, the yen dropped they can exchange back to their currency at cheap rate, at the very least they come to drive some cash flows within the nation. My thoughts here r not to be use in current situation just pure speculation. I need a real economist to explain too but this is just what i think lol.
  • #199,210
  • Sep 22, 2009 4:33am Sep 22, 2009 4:33am
Quoting direct-trade
Cable:
correct

i see 1.6363 and droop

http://www.forexfactory.com/showthre...98#post3073698

.
  • #199,211
  • Sep 22, 2009 4:45am Sep 22, 2009 4:45am
Quoting Minakata
Yeah, my country, won't tell u where , uses same technique, they adjust the strength of the currency of the nation to suit investors' taste because they r the boss, they bring money in, and they bring money out, to make a strong yen now doesn't means it will never go weak afterward. But at the beginning of the recovery time, investors feels good to have more investment(due to high yen) than weak yen(which will need more of their currency to exchange for the yen). So later on, the yen dropped they can exchange back to their currency at cheap rate,...

Yes exactly right, thats why we have the commercials(Hedgers) and the specualtors( Large instutions) one will always be the bid and one will be the offer day in day out and vice versa, and US the piss ants of the world can only hope that we are seeing it properly LOL
"Millionaires don't use astrology, billionaires do"
  • #199,212
  • Sep 22, 2009 5:13am Sep 22, 2009 5:13am
Quoting direct-trade
Cable:
LOL - I've just closed my wash cycle longs and as this is a nice Lucas hourly time line - to say nothing of the 50% retrace of the last rinse cycle - and for Malcolmb, a fib 1.618 exp off the 15 min http://www.forexfactory.com/images/icons/icon7.gif - I've had my first limit sell at 3 pips under the 6350 level..... http://www.forexfactory.com/images/icons/icon12.gif
Trading Levels with WRBs
  • #199,213
  • Sep 22, 2009 5:13am Sep 22, 2009 5:13am
Quoting direct-trade
Cable:


http://www.forexfactory.com/showpost...stcount=199135
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #199,214
  • Sep 22, 2009 5:17am Sep 22, 2009 5:17am
My bias is still bearish unless the 4TF Trendline breaks

Attached Image (click to enlarge)
Click to Enlarge Name: 4gj.gif Size: 40 KB
[
  • #199,215
  • Sep 22, 2009 5:19am Sep 22, 2009 5:19am
Quoting OrionsWay
thats fine if its purely a tourist nation period but as for investment, japan relies on exports, sure strong yen buys more commods , but return of investment for exports hurts more than its gain from the strength, Cant have it both ways


Bottom line IMO USD needs to flourish so it can bolster the rest of the worlds economies, if not recovery will not happen. USA is the PIG of foreign shit, we buy shit period more so than any other country or several combined countries, we no buy they no make, seems simple enough psychology, no money to purchase,...
Absolutely brilliantly said.
Underneath the whole smokescreen of treasuries, debt, bonds, blah blah, it is in EVERYONE'S interest to keep the US afloat. USD weakness is a side issue and the Chinese know it.

Until the Chinese can buy what they supply, the World economy will not change one bit. (despite what doom mongers are saying).
  • #199,216
  • Sep 22, 2009 5:20am Sep 22, 2009 5:20am
Quoting rgitt05
My bias is still bearish unless the 4TF Trendline breaks

I'll join your bear army at the right time, I'm waiting some b/s first
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #199,217
  • Sep 22, 2009 5:23am Sep 22, 2009 5:23am
Waiting on CAD news for possible PB for more short opportunites



Quoting JhonMonsalve
I'll join your bear army at the right time, I'm waiting some b/s first
[
  • #199,218
  • Sep 22, 2009 5:26am Sep 22, 2009 5:26am
[quote=ukdaytrader;3080612]Absolutely brilliantly said.
Underneath the whole smokescreen of treasuries, debt, bonds, blah blah, it is in EVERYONE'S interest to keep the US afloat. USD weakness is a side issue and the Chinese know it.

Until the Chinese can buy what they supply, the World economy will not change one bit. (despite what doom mongers are saying).[/quote]


I really think that they are creating such a doom gloom for only 1 reason, a sucker play for the sellers of USD, as the Real money, the kind of playa's that sit 5-10 years for returns BIG returns, thes guys are buying quietly and lots of it and they will get paid
"Millionaires don't use astrology, billionaires do"
  • #199,219
  • Sep 22, 2009 5:29am Sep 22, 2009 5:29am
Wait and see

Attached Image (click to enlarge)
Click to Enlarge Name: 15gja.gif Size: 44 KB
[
  • #199,220
  • Sep 22, 2009 5:32am Sep 22, 2009 5:32am
I wonder wheres JohnG Fx....?....a great teacher he was.
26 traders viewing now