Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 10450 | 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)

  • #208,981
  • Edited 1:43pm Nov 27, 2009 1:11pm | Edited 1:43pm
gj15m
Attached Images
  • #208,982
  • Nov 27, 2009 1:17pm Nov 27, 2009 1:17pm
Quoting rgitt05
Wait and see the end of the day before making a decision..The market is close now at 1pm, so PA will be slow or crazy PA.

I am all bearish.. The weekend will tell all about this Dubai crisis.

been bearish as well

weekly charts are bearish (weekly CCI-30 is starting to close below the -100 level), BUT daily chart has a big pin at 140 (A VERY STRONG S/R LEVEL) which MIGHT trigger a bigger retracement than 4h 50ema.

i would take a good shot at 4h 50ema though with caution. and if next week or the week after we get a close below 140 then the lows might get challenged once more.

the key trigger for all this should be GU which has been in range for weeks now. a close below GU's weekly gann should be all we need to fuel a nice dive again. GU's weekly CCI has FAILED to close above the 100 line which indicates that resistance at the upper levels of the range is stronger than support. a close below GU's CCI-30's 0-line should provide better confirmation. and a close below the -100 line should resume the weekly bearish trend. this all depends on the upper levels of GU's range not being breached.

if UJ remains below 87 next week and the week after then the all times low of 79.75 should be challenged once more and we MIGHT see a new all times low. i do think, however, that we are reaching the end of wave 5 of 5 on UJ's monthly chart, and a correction might be due early next year.

sorry for not posting much guys, i've been ONLY swing trading lately and checking on my trades 2-3 times a week. with no time at all to check anything on FF.

see u guys later

cheers


ps: happy eid for all our good brothers out there!
  • #208,983
  • Nov 27, 2009 1:18pm Nov 27, 2009 1:18pm
Quoting mktjong
lilmoe, where have u been? Thought you were hiding in a cave .. suddenly dissappear and pop up and dissapear again for long time ..
hey there bud.

EVERYONE's been telling me i've been hiding in a cave, even close friends here where i live! looool.

i'm just too busy with stuff bro, what about u? how're the kids?
  • #208,984
  • Nov 27, 2009 1:19pm Nov 27, 2009 1:19pm
Start her young in forex and she will be great trader. Woman make better traders than men cause they are not big gamblers..

I have to start showing my son how to trade..There will be no jobs in the future since US send them overseas..





Quoting Fudomyo
she likes to sit with me when I trade. she love the charts and watching PA.

this morning we were getting ready for school when the market dropped, and she asked if it was kaboom yet.

thanks rgitts...

she was late for school, but it was ok. it was a fun morning.
[
  • #208,985
  • Edited 1:34pm Nov 27, 2009 1:23pm | Edited 1:34pm
Quoting rgitt05
Start her young in forex and she will be great trader. Woman make better traders than men cause they are not big gamblers..

I have to start showing my son how to trade..There will be no jobs in the future since US send them overseas..

my thoughts exactly.

she gets it.

I think about language, and how difficult it becomes to learn when you're older.

trading is no different. If she loves it, then she'll probably be teaching me a thing or two pretty soon.

is very cool you're teaching your son. what kids learn in school is far less important. we can give them better tools.
I wish someone showed me how things really work when I was a kid. I'd be much further ahead of the curve then figuring it out on my own.
  • #208,986
  • Nov 27, 2009 1:29pm Nov 27, 2009 1:29pm
You are probably right...Trading is 90% Psychology and 10% TA.

If she learn to follow the trend and she will be the forex kaboom master before graduating school..

Keep it simple!!



Quoting Fudomyo
my thoughts exactly.

she gets it.

I think about language, and how difficult it becomes to learn when you're older.

trading is no different. If she loves it, then she'll probably be teaching me a thing or 2 pretty soon.
[
  • #208,987
  • Nov 27, 2009 1:32pm Nov 27, 2009 1:32pm
Quoting lilmoe
hey there bud.

EVERYONE's been telling me i've been hiding in a cave, even close friends here where i live! looool.

i'm just too busy with stuff bro, what about u? how're the kids?
Thanks bud, am doing fine. I am still single and looking, remember?
  • #208,988
  • Nov 27, 2009 1:45pm Nov 27, 2009 1:45pm
Quoting lilmoe
hey there bud.

EVERYONE's been telling me i've been hiding in a cave, even close friends here where i live! looool.

i'm just too busy with stuff bro, what about u? how're the kids?
moe.
  • #208,989
  • Nov 27, 2009 1:45pm Nov 27, 2009 1:45pm
Quoting rgitt05
You are probably right...Trading is 90% Psychology and 10% TA.

If she learn to follow the trend and she will be the forex kaboom master before graduating school..

Keep it simple!!

bro
Did you know Why DJ index closed now ???!!!!!
  • #208,990
  • Nov 27, 2009 1:54pm Nov 27, 2009 1:54pm
Quoting rgitt05
You are probably right...Trading is 90% Psychology and 10% TA.

If she learn to follow the trend and she will be the forex kaboom master before graduating school..

Keep it simple!!

simple is everything.

one of my favorite images about trading is this thing an Indian wood carver said to me in Kolkata. He had these elephant sculptures he was selling on the street. They were amazing.

When I asked him how he made them so perfect, he said to me, "it's easy, you take a block of wood, and just remove everything that's not an elephant."
  • #208,991
  • Nov 27, 2009 1:58pm Nov 27, 2009 1:58pm
Market closed early today at 1pm. Black Friday is the Friday following Thanksgiving Day in the United States, which is the beginning of the traditional Christmas shopping season


Quoting khaled22
bro
Did you know Why DJ index closed now ???!!!!!
[
  • #208,992
  • Nov 27, 2009 2:27pm Nov 27, 2009 2:27pm
Quoting mktjong
Happy family
Btw, am wondering if anyone dares to hold onto the week-end? .. Maybe another 'Dubai' story again out of the blue .. probably Karmo files for bankcruptsy or something ..
You know, I've been debating that for the past 2 hours - I picked up a small short from 143.2. I am still very bearish, but the weekend's a long time, and things can go either way. My guess is that through the weekend and into my 5pm open, GJ will range but decline/retrace down, and could be down to 141/141.5 - happened a few weeks ago, but between more disastrous news, a Monday morning Tokyo opening with a mouthy finance minister (who may take action @ open), I think the risk is too big. Since UJ's @ a 14 year low, I expect GY to retest 140 at least, and next we have GU to bottom.
  • #208,993
  • Nov 27, 2009 2:44pm Nov 27, 2009 2:44pm
Quoting Fudomyo
simple is everything.

one of my favorite images about trading is this thing an Indian wood carver said to me in Kolkata. He had these elephant sculptures he was selling on the street. They were amazing.

When I asked him how he made them so perfect, he said to me, "it's easy, you take a block of wood, and just remove everything that's not an elephant."
i dont have anything on my charts now except pivots, fibs, and volume.

seems to have worked well this week. not sure why but something seems to have clicked, things seem clearer, it seemed like wait for entry, open trade, relax, wait for pips, close. not sure if it was just an easy trading week or what, guess i might find out if it all goes to crap next week
  • #208,994
  • Edited 3:18pm Nov 27, 2009 3:01pm | Edited 3:18pm
Quoting Beljevina
You know, I've been debating that for the past 2 hours - I picked up a small short from 143.2 ...
Out at 142.631 - nice how it tumbled right into 4pm EST - 30 pips in <15 min - you'd think the laws of supply/demand were at work, as many dumped what they had. One day I'll have to ferret out what happens after most of our brokers close and if there's merit to finding one that works through the weekend - I'm sure someone's going to benefit from my exit.

EDIT: OK, so apparently my broker's open past 4pm Fridays, damn - wish they'd stop switching liquidity providers. Huge spread though - 11 pips - I'm rarely more than 3. Down to 142.3ish ... if only I knew.
  • #208,995
  • Nov 27, 2009 3:27pm Nov 27, 2009 3:27pm
Regardles what happend today I dont trade on fridays anymore....Will be always opportunities for trading. 10 days ago GU was almost 1.686 today was 1.627 etc...With firm trading rules is easier to trade...
Everyone have a good weekend....Dubai and alike will bring new trading opportunitiers on sunday.
The Market pays you to be disciplined
  • #208,996
  • Nov 27, 2009 3:58pm Nov 27, 2009 3:58pm
i have a good idea , we can buy a UJ together and wait BOJ intervention ? what do you thinking ?
High risk High return!
  • #208,997
  • Nov 27, 2009 4:14pm Nov 27, 2009 4:14pm
Quoting simao
i have a good idea , we can buy a UJ together and wait BOJ intervention ? what do you thinking ?
YES - lets do that..
  • #208,998
  • Nov 27, 2009 4:28pm Nov 27, 2009 4:28pm
gj15m - handmade & gj30m.
Attached Images
  • #208,999
  • Nov 27, 2009 6:17pm Nov 27, 2009 6:17pm
Quoting pkimnyc
moe.
yo yo
  • #209,000
  • Nov 27, 2009 6:19pm Nov 27, 2009 6:19pm
Quoting mktjong
Thanks bud, am doing fine. I am still single and looking, remember?
having kids doesn't imply being married, does it now
373 traders viewing now