Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 10444 | 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)

  • #208,861
  • Nov 26, 2009 11:18pm Nov 26, 2009 11:18pm
There may be a tug of war between the bears & bulls me think.

Quoting 45Condor
And the conspiritist in me is still thinking of the 'technical glitch' that affected the LSE yesterday...
  • #208,862
  • Nov 26, 2009 11:39pm Nov 26, 2009 11:39pm
Dow Futures have fallen off a cliff

http://money.cnn.com/data/premarket/index.html
  • #208,863
  • Nov 26, 2009 11:46pm Nov 26, 2009 11:46pm
Quoting dreed
There may be a tug of war between the bears & bulls me think.
Now it's not a war, it's a normal bullshit, so now either prices will continue going down again, or it will do some bullshitting for a while but afterwards it will go down again, so in both cases prices will go down, it's only a matter of time, I won't get trapped and start buying as I have a goal and I have a target, my target is 135.8
  • #208,864
  • Nov 26, 2009 11:51pm Nov 26, 2009 11:51pm
anyone can shares their chart analysis for G/J and G/U pair? thx
  • #208,865
  • Nov 26, 2009 11:51pm Nov 26, 2009 11:51pm
Yes pipsqueak, I know some of the more skillful traders have been buying on the dips and making nice profits. Not me, too chicken If you're correct about a possible trend reversal, is it normally a slow push to the upside or does it normally moves just as hard on its way up, as it did when it fell?

Quoting Pipsqueak
Wow...GJ just gave back almost the entire drop from 142.50. So now up or down guys? My experience tells after a bounce this strong, it usually mean trend reversal. The latest trend reversal occurred after it hit 139.78 last time and went all the way up to 153. So I think now it's time to buy dips. Hmmm...160 or 120? I'm favoring longs now. Wait for dip to entry.
  • #208,866
  • Nov 27, 2009 12:01am Nov 27, 2009 12:01am
Thanks Pino2, that would be awesome if it gets to your target of 135.80... I am going to wait a while and see where London Take us, before I jump back in on another short.. In all honesty I really should call it a night, made so much already in such a short amount of time, it was over-whelming. Thanks again for the insight.

Quoting pino2
Now it's not a war, it's a normal bullshit, so now either prices will continue going down again, or it will do some bullshitting for a while but afterwards it will go down again, so in both cases prices will go down, it's only a matter of time, I won't get trapped and start buying as I have a goal and I have a target, my target is 135.8
  • #208,867
  • Nov 27, 2009 12:01am Nov 27, 2009 12:01am
It's starting - 60 pips down in 15 min from the fake retrace - I would have to think London traders are in early - am fully expecting a test of support @ 140 on this. GBPUSD volumes look huge, although the movement isn't major yet - I won't accept anything above 1.6 there based on <insert bad negative news here>. Just don't exactly know how a 3-5% dump on the DOW will impact GBPUSD. Fasten your seatbelts.
  • #208,868
  • Nov 27, 2009 12:13am Nov 27, 2009 12:13am
Quoting dreed
Thanks Pino2, that would be awesome if it gets to your target of 135.80... I am going to wait a while and see where London Take us, before I jump back in on another short.. In all honesty I really should call it a night, made so much already in such a short amount of time, it was over-whelming. Thanks again for the insight.
Please note that I'm swing trading, i.e. these trades are running since last month, so as I mentioned it is a matter of time, time is one of the main factors, part of my trades only reached my 1st target today @ 141.50, these trades were running since a month or less when prices were 150-151, we stayed long time in this area untill last Friday when prices started to find a way and went down then reached my 1st target, now waiting for my 2nd target which is 135.80-90.
  • #208,869
  • Nov 27, 2009 12:28am Nov 27, 2009 12:28am
This may be the start of Obama's First Bear Ride.
  • #208,870
  • Nov 27, 2009 12:37am Nov 27, 2009 12:37am
Trust me if they can find away to manipulate this, and end up positive tomorrow they will...

Quoting Clouds
This may be the start of Obama's First Bear Ride.
  • #208,871
  • Nov 27, 2009 12:40am Nov 27, 2009 12:40am
I wonder how the Japanese Prime Minister is reacting to the Yen Gaining Strength... I know he can't be a happy camper..
  • #208,872
  • Nov 27, 2009 12:48am Nov 27, 2009 12:48am
Quoting dreed
I wonder how the Japanese Prime Minister is reacting to the Yen Gaining Strength... I know he can't be a happy camper..
Nothing he can do, even tho intervention is imminent. Global market is bigger than their's intervention .. imo
  • #208,873
  • Nov 27, 2009 12:49am Nov 27, 2009 12:49am
Quoting dreed
I wonder how the Japanese Prime Minister is reacting to the Yen Gaining Strength... I know he can't be a happy camper..
no he's very unhappy indeed... theres statements all over the place quoting him for saying he wants to take appropriate measures to correct this appreciation of the yen

whatever that means in the big picture
  • #208,874
  • Nov 27, 2009 12:49am Nov 27, 2009 12:49am
Quoting dreed
Trust me if they can find away to manipulate this, and end up positive tomorrow they will...
Tomorrow, maybe, but next week , I doubt.
  • #208,875
  • Nov 27, 2009 12:53am Nov 27, 2009 12:53am
Quoting dreed
Trust me if they can find away to manipulate this, and end up positive tomorrow they will...
The winners are going to be the US Banks and China. The Administration may learn a lesson not to give away money.
  • #208,876
  • Nov 27, 2009 1:02am Nov 27, 2009 1:02am
good morning London

GJ 40 pips down in 30 secs
  • #208,877
  • Nov 27, 2009 1:29am Nov 27, 2009 1:29am
okay I am convince, no trap laid out for me... so now I am waiting for a retrace, so I can get in and fasten my seat belt and enjoy the ride. Wished I would had got in at 141.81 when I was tempted to jump in earlier... Oh well!

Quoting Battlestar
good morning London

GJ 40 pips down in 30 secs
  • #208,878
  • Nov 27, 2009 1:59am Nov 27, 2009 1:59am
One would expect the dropping to continue & accelerate in the next 2 minutes - markets are opening across Europe.
  • #208,879
  • Nov 27, 2009 2:11am Nov 27, 2009 2:11am
OK, after some hesitation, it appears that London want a higher price to short from, so i'm long looking for a test of 142. We'll see what happens if price gets there...

S/L at 139.92. Am willing to risk some after yesterday.

Gold getting hammered!!!!! Strange move in the circumstances.
  • #208,880
  • Nov 27, 2009 2:11am Nov 27, 2009 2:11am
This move to the upside was just what I need to position myself for my short...

Quoting Beljevina
One would expect the dropping to continue & accelerate in the next 2 minutes - markets are opening across Europe.
41 traders viewing now