Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 10197 | 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)

  • #203,921
  • Oct 15, 2009 10:57pm Oct 15, 2009 10:57pm
Quoting Mr.Elliott
wish i could read the volume (supply & demand) like malc do........may i know how do you that.....???
target 1.6400


Attached Image (click to enlarge)
Click to Enlarge Name: chart856.png Size: 190 KB
Blogging daily now at www.volume.zone
  • #203,922
  • Oct 15, 2009 11:06pm Oct 15, 2009 11:06pm
i mean how do you know there is a buyer coming in and any shake out occur.....just by looking at the candlestick and the volume bars...i just don't see it....
  • #203,923
  • Oct 15, 2009 11:06pm Oct 15, 2009 11:06pm
Quoting malcolmb14
target 1.6400


Attachment
stopped out BE

off to bed

good luck all
Blogging daily now at www.volume.zone
  • #203,924
  • Oct 15, 2009 11:08pm Oct 15, 2009 11:08pm
Quoting malcolmb14
target 1.6400


Attachment
Could post what platform and indicators you are using in this chart?

Thanks
  • #203,925
  • Oct 15, 2009 11:12pm Oct 15, 2009 11:12pm
later malc

Quoting malcolmb14
stopped out BE

off to bed

good luck all
  • #203,926
  • Oct 15, 2009 11:15pm Oct 15, 2009 11:15pm
Quoting malcolmb14
target 1.6400


Attachment
Just playing devil's advocate here, but is there any use of the retrospectoscope in your otherwise instructive chart? For example, the candle you label as "selling climax" is identical to one a few hours before which was followed by further selling.
TRADE FOR SWAP
  • #203,927
  • Oct 15, 2009 11:20pm Oct 15, 2009 11:20pm
anyone has got any news on the sudden decline on GBP?
  • #203,928
  • Oct 15, 2009 11:24pm Oct 15, 2009 11:24pm
Quoting cgldsmth
Just playing devil's advocate here, but is there any use of the retrospectoscope in your otherwise instructive chart? For example, the candle you label as "selling climax" is identical to one a few hours before which was followed by further selling.

post a chart and then I can see it better .. it is not about 1 candle .... the sign of buyers coupled coupled with the shake out was a sign of the long

I was up 20 pip should have taken it lol
Blogging daily now at www.volume.zone
  • #203,929
  • Oct 15, 2009 11:24pm Oct 15, 2009 11:24pm
Quoting lyy.sg
anyone has got any news on the sudden decline on GBP?
well, could be that after such a big run up and it being friday and the trend being down longterm that major profits are to be booked today. Far too much hype with those Goldmann results IMO.
TRADE FOR SWAP
  • #203,930
  • Oct 15, 2009 11:25pm Oct 15, 2009 11:25pm
Quoting lyy.sg
anyone has got any news on the sudden decline on GBP?
Strong Resistance at 148.65(around there)
  • #203,931
  • Oct 15, 2009 11:25pm Oct 15, 2009 11:25pm
Quoting malcolmb14
post a chart and then I can see it better .. it is not about 1 candle .... the sign of buyers coupled coupled with the shake out was a sign of the long

I was up 20 pip should have taken it lol

I was referring to your chart. Anyway, some can read between the lines (or candles) better than others, and I guess you are the former.
TRADE FOR SWAP
  • #203,932
  • Oct 15, 2009 11:27pm Oct 15, 2009 11:27pm
Quoting lyy.sg
anyone has got any news on the sudden decline on GBP?
in volatile times like this pull backs are often hard and fast .... liekly you are seeing some profit taking or even sellers starting to establish sell positions
Blogging daily now at www.volume.zone
  • #203,933
  • Oct 15, 2009 11:27pm Oct 15, 2009 11:27pm
lyy.sganyone has got any news on the sudden decline on GBP?
Quote
anyone has got any news on the sudden decline on GBP?

look at the news....most probably it could be of BOJ shirakawa.....speech
  • #203,934
  • Oct 15, 2009 11:27pm Oct 15, 2009 11:27pm
Quoting lyy.sg
anyone has got any news on the sudden decline on GBP?
BOJ Governor speaking at :35 after the hour. Inside money setting up.
  • #203,935
  • Oct 15, 2009 11:31pm Oct 15, 2009 11:31pm
Malc....one question...in your trading...do you use....more technical or fundamentals........or evenly on both...
  • #203,936
  • Oct 15, 2009 11:31pm Oct 15, 2009 11:31pm
after thinking about this sudden price move, i realised that there're many implications that could lead to this..

Could be friday, profit taking day, and most of the GJ/GU longs are covered prior to the speech of BOJ Gov.

OR it could just be insider trading.

OR just a plain huge amount of speculators.

gawd.
  • #203,937
  • Oct 15, 2009 11:34pm Oct 15, 2009 11:34pm
Quoting Mr.Elliott
Malc....one question...in your trading...do you use....more technical or fundamentals........or evenly on both...

100 % technicals
Blogging daily now at www.volume.zone
  • #203,938
  • Oct 15, 2009 11:36pm Oct 15, 2009 11:36pm
Quoting lyy.sg
after thinking about this sudden price move, i realised that there're many implications that could lead to this..

Could be friday, profit taking day, and most of the GJ/GU longs are covered prior to the speech of BOJ Gov.

OR it could just be insider trading.

OR just a plain huge amount of speculators.

gawd.

or it could be that we have moved 600 pip in a day with no retrace and this 100 pip is the start of a retrace


or it could just be the frankie fake out
Blogging daily now at www.volume.zone
  • #203,939
  • Oct 15, 2009 11:44pm Oct 15, 2009 11:44pm
Quoting Mr.Elliott
wish i could read the volume (supply & demand) like malc do........may i know how do you that.....???
Counting pips won't help you much - just use support and resistance and some PA..
I've got my pips - go get yours!
  • #203,940
  • Oct 15, 2009 11:52pm Oct 15, 2009 11:52pm
maybe we get to test 1.6220 / 1.6150 ..... oh the games they play

Attached Image (click to enlarge)
Click to Enlarge Name: chart857.png Size: 154 KB
Blogging daily now at www.volume.zone
47 traders viewing now