Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 10506 | 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)

  • #210,101
  • Dec 10, 2009 4:51am Dec 10, 2009 4:51am
the down move was nothing than a pull back for 4hrs to confirm ....I am still seeing more room to the up side...trailing longs..Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: nice.gif Size: 24 KB
MY OPINION NOT FINANCIAL ADVISE
  • #210,102
  • Dec 10, 2009 5:17am Dec 10, 2009 5:17am
I'm not sure what you mean, So if the 1hr is bullish, and 4hr then turns bullish, its better off to wait til 1hr turns bearish and then back to bullish? its consider a safer move? I didn't think it had an order it had to follow.

thank you.


Quoting ukdaytrader
Pretty much yes.
Karmo has said in the past that the safest entry would be to wait until the 1hr crosses bearish and then bullish again after the 4hr has crossed bullish.

Looks long now though. No selling volume kicking in at resistance and looks like bulls will push this through today...... UK rate/QE pending......
  • #210,103
  • Dec 10, 2009 5:48am Dec 10, 2009 5:48am
Quoting just_ha
I'm not sure what you mean, So if the 1hr is bullish, and 4hr then turns bullish, its better off to wait til 1hr turns bearish and then back to bullish? its consider a safer move? I didn't think it had an order it had to follow.

thank you.
check this link on FF and you would get your answer. You should only have to read the first few pages of Aus's post.

http://www.forexfactory.com/showthread.php?t=41509

I hope this helps.

sw
The Will is Greater than the Skill
  • #210,104
  • Dec 10, 2009 5:55am Dec 10, 2009 5:55am
"If you find that 1hr SI is way above the 50 line by the time you get a cross over confirmation from 4hr, that means a major retracement is due. please wait untill the 1hr SI turn bearish and go back to bullish again to enter." well what if it is already crossed over, and is barely above the 50 line? do you still ahve to wait for it to turn bearish then bullish?

thanks

Quoting skillwill
check this link on FF and you would get your answer. You should only have to read the first few pages of Aus's post.

http://www.forexfactory.com/showthread.php?t=41509

I hope this helps.

sw
  • #210,105
  • Dec 10, 2009 6:12am Dec 10, 2009 6:12am
Is there a average trail stop for the 4 hour trade.Thanks in advance.I have just started this system recently and I like it.I used to go by a 15 min system but being up all night EST here,take a toll on you mentally especially when you have things to get done during the daytime hours.I like the fact that I can set it and forget it without having to stare at the screen.And also Any help would be great also with the indi.Is there a way to add a Sound alert when a cross occurs?
  • #210,106
  • Dec 10, 2009 6:20am Dec 10, 2009 6:20am
Do you feel 141.50 is a possibility at this point?

Quoting Beljevina
I trend the current PA, and at the time we were @ 142.6 - it quickly popped 100 pips. I don't think 139 is an option for this wave, and hopefully we're heading to 146/147.
  • #210,107
  • Dec 10, 2009 6:43am Dec 10, 2009 6:43am
Hmm, I see a line that price keeps going to... marked by multiple black circles. I think we may still be in a downward channel, and now that news is out of the way, perhaps the path South will resume. Price bobbing around the underside of middle line in channel.

If we break south of the fibs around 1.62 region, hopefully we will be on our way to the 1.60s.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu 4hr_101209.gif Size: 29 KB
Click to Enlarge Name: gu 1hr_101209.gif Size: 30 KB
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #210,108
  • Dec 10, 2009 7:38am Dec 10, 2009 7:38am
Quoting donfriday
the down move was nothing than a pull back for 4hrs to confirm ....I am still seeing more room to the up side...trailing longs..Cheers
Fews days ago I have post a chart GJ will drop to 142 area ...and bounce at 142 area.

GJ will going up ....same as UJ.
  • #210,109
  • Dec 10, 2009 7:46am Dec 10, 2009 7:46am
Quoting PandoraBox
Fews days ago I have post a chart GJ will drop to 142 area ...and bounce at 142 area.

GJ will going up ....same as UJ.
how far u expected gj and uj will going up bro....
  • #210,110
  • Dec 10, 2009 8:00am Dec 10, 2009 8:00am
Quoting PandoraBox
Fews days ago I have post a chart GJ will drop to 142 area ...and bounce at 142 area.

GJ will going up ....same as UJ.

yep bro.i am long from todays bottom let see how far it go ...
MY OPINION NOT FINANCIAL ADVISE
  • #210,111
  • Dec 10, 2009 8:09am Dec 10, 2009 8:09am
Quoting donfriday
yep bro.i am long from todays bottom let see how far it go ...
I'm with you.Lets do a superman--up up and away- NO kryptonite please
  • #210,112
  • Dec 10, 2009 9:00am Dec 10, 2009 9:00am
and what do you think on this, i am long from 6275 on GU and target 6415 and sL 6185 ?dreed what you think
High risk High return!
  • #210,113
  • Dec 10, 2009 9:11am Dec 10, 2009 9:11am
Quoting donfriday
yep bro.i am long from todays bottom let see how far it go ...
What is the bottom for GJ & GU?
  • #210,114
  • Dec 10, 2009 9:21am Dec 10, 2009 9:21am
Quoting PandoraBox
Fews days ago I have post a chart GJ will drop to 142 area ...and bounce at 142 area.

GJ will going up ....same as UJ.


Could bounce off 4hr gann (142.70) area which would make sense to work off the dn pressure shown from the 1hr chart. . .
1st target I see if we get a bounce there is 145.20/30 area. . .
  • #210,115
  • Dec 10, 2009 9:23am Dec 10, 2009 9:23am
Quoting just_ha
its more of a Three Rising Valleys or triple bottom. draw a LTL and all 3 bottoms valleys touch. Doesnt look like it wants to break above the H4 Gann.

http://thepatternsite.com/3rv.html
I like that site, just_ha .. lots of good info.
******************* I'd rather make money than be right.
  • #210,116
  • Dec 10, 2009 9:38am Dec 10, 2009 9:38am
Would also monitor the 30 min chart as well - it looks as if a bear flag could be developing. . . lets see if support below holds.
  • #210,117
  • Dec 10, 2009 9:58am Dec 10, 2009 9:58am
Quoting quecee5
Would also monitor the 30 min chart as well - it looks as if a bear flag could be developing. . . lets see if support below holds.

1hr gann holding..
MY OPINION NOT FINANCIAL ADVISE
  • #210,118
  • Dec 10, 2009 9:59am Dec 10, 2009 9:59am
Quoting dreed
Do you feel 141.50 is a possibility at this point?
The rally ran out of steam at 144.391 and from the bottom of 142.464 it's just bottom to 143.2 which is a 68.2% retrace, and had a slight bounce to 50% of the upmove to 143.428 - looks like sterling cross weakness, since UJ is intact. It's trying to make up it's mind, & trending down. It would have to break 142.464, which would surprise me.
  • #210,119
  • Dec 10, 2009 10:03am Dec 10, 2009 10:03am
Quoting Pip26
What is the bottom for GJ & GU?
I dont trade GU as much ...mainly on GJ most of the time only if i decide not to trade it..1 pair at a time ...this is where i took it and waiting for more set up 4hrs is getting cooked.
Attached Image (click to enlarge)
Click to Enlarge Name: 12-10-2009 12-25-04 PM.png Size: 27 KB
MY OPINION NOT FINANCIAL ADVISE
  • #210,120
  • Dec 10, 2009 10:30am Dec 10, 2009 10:30am
this is what i see on my charts.

daily chart shows a range between previous monthly pvp - 149.34 and 141.82. so technically, there is more room to go down, just a little bit to test the last support.
current month's pvp is standing at 146.61, as of yesterday; IF, and only IF, we bounce off support (and honestly, i thought we already did), this is the next level to be tested before another decision.

h4 chart shows same levels: 141.63 as support and 146.23 as resistance; but brings more details about current week - 143.63 appears to be the controlling area for the week; again, i thought it was already broken to the upside...

m30 chart shows that last night's break above 144 was a fake one - check the volumes... they were low.
142.65 as support, 144.11 as resistance. IF 142.65 is taken, expect 141.70; if 144.11 (actually 144.40) is taken, expect 146.25.

other than that, the holidays are coming, big guys took their toys and went home to spend our money... so expect increased volatility and irrational movements. if you must trade, lower your risk!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gj_d_pvp.gif Size: 30 KB
Click to Enlarge Name: gj_h4_pvp.gif Size: 32 KB
Click to Enlarge Name: gj_m30_pvp.gif Size: 32 KB
Nihil Sine Deo.
24 traders viewing now