Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 10543 | 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)

  • #210,841
  • Dec 28, 2009 9:45am Dec 28, 2009 9:45am
Hello Traders!

Here is my GBPUSD analysis:

GBP/USD

1.1 GBP/USD WEEK


http://www.2targetsmethod.com/images...9/image001.jpg

There are no changes over last week. We see an uptrend. The first target along the trend almost coincides with the strong reversal level 8/8. The price is in the upper trading range. After hitting level 7/8 there is a good chance of reaching T1. A reversal from level 8/8 is also possible.

 1.2 GBP/USD DAY


http://www.2targetsmethod.com/images...9/image012.jpg

This is a downtrend. There are no targets along the trend. The price has reached a strong reversal level 0/8 which is significant on weekly charts. There is a high possibility of the trend’s reversal from the oversold area.

 1.3 GBP/USD 240

http://www.2targetsmethod.com/images...9/image003.jpg

We can see a downtrend. On the way to the target there is a strong reversal level 2/8 which is significant on a senior time frame. The price is in the upper trading range. After hitting level 2/8 the price may reach target T1.
  • #210,842
  • Dec 28, 2009 9:51am Dec 28, 2009 9:51am
Quoting jckm
chart for eur/usd - target 1,4530 (monday) - then swing/channel trade rest of the year

Hi j

10/10 for effort
0/10 for results

eu and gu are weak to say the least

there is no volume in the market in fact I am out of balance of week till Jan 5th

not sure how you came up with a 200 pip move when there is no volume and the prevailing trend is down .,
Blogging daily now at www.volume.zone
  • #210,843
  • Dec 28, 2009 10:23am Dec 28, 2009 10:23am
Quoting malcolmb14
Hi j

10/10 for effort
0/10 for results

eu and gu are weak to say the least

there is no volume in the market in fact I am out of balance of week till Jan 5th

not sure how you came up with a 200 pip move when there is no volume and the prevailing trend is down .,
I think you are wrong...I aslo have opened buy but not same TP my TP is around 1.4480 but when i rich 1X i will put my Sl to BE...

http://www.forexfactory.com/showpost...stcount=175738


Seya
"Buy on fear, sell on greed !!!
  • #210,844
  • Dec 28, 2009 11:50am Dec 28, 2009 11:50am
short gpb/jpy @ 146.50
tp1: 143.70
tp2: 139.75
stop lose: if this trend was broken on daily

http://img187.imageshack.us/img187/1783/46946791.gif
{Promotion Removed}
  • #210,845
  • Dec 28, 2009 12:12pm Dec 28, 2009 12:12pm
HOME SWEET HOME......All buddies on holiday...just checking and having fun myself...cheers....Don....HAPPY NEW YEAR....
MY OPINION NOT FINANCIAL ADVISE
  • #210,846
  • Dec 29, 2009 2:19am Dec 29, 2009 2:19am
Quoting engcu90
short gpb/jpy @ 146.50
tp1: 143.70
tp2: 139.75
stop lose: if this trend was broken on daily

http://img187.imageshack.us/img187/1783/46946791.gif
already break bro .....
  • #210,847
  • Dec 29, 2009 4:23am Dec 29, 2009 4:23am
Quoting laharjaya
already break bro .....
yes it was broken
and the price has just tested this broken trend on 4h
so i closed the sell order @ 146.60 with loss 10 pips
and open new long order @ the same price: 146.60
sl: 146.10
tp: 147.80
{Promotion Removed}
  • #210,848
  • Dec 29, 2009 4:32am Dec 29, 2009 4:32am
engcu90

Looks good
  • #210,849
  • Dec 29, 2009 6:12am Dec 29, 2009 6:12am
gj1h
Attached Image
  • #210,850
  • Dec 29, 2009 10:17am Dec 29, 2009 10:17am
USDJPY

A very nice five wave move from 84 to current price of 92, with the 5th wave being a 5-wave extension.

NM
Attached Image (click to enlarge)
Click to Enlarge Name: file-2.gif Size: 31 KB
  • #210,851
  • Dec 29, 2009 10:51am Dec 29, 2009 10:51am
I wonder what causes the sudden fall in GBP/JPY pair?? ??
  • #210,852
  • Dec 29, 2009 10:58am Dec 29, 2009 10:58am
Well, geppy is ready to fall off a cliff. USD is strengthening while USDJPY is not moving, which likely points to strength in the yen.

NM


Quoting Emp
I wonder what causes the sudden fall in GBP/JPY pair?? ??
  • #210,853
  • Dec 29, 2009 11:02am Dec 29, 2009 11:02am
Again we see that GBP/JPY level 146.00 is a strong support point.
Price basically bounced off this level.
  • #210,854
  • Dec 29, 2009 11:06am Dec 29, 2009 11:06am
Quoting next-move
Well, geppy is ready to fall off a cliff. USD is strengthening while USDJPY is not moving, which likely points to strength in the yen.

NM
USD/JPY and Eur/JPY is not moving.
JPY strengthening? I doubt so .... I have my reservation. Strengthening the JPY currency will only makes the local economy worst.
  • #210,855
  • Dec 29, 2009 11:14am Dec 29, 2009 11:14am
Well, one thing that is obvious is that the GB pound is taking a pounding. The yen is not really weakening very much as evidenced by the USDJPY and, presumably, is on pace with USD. USDJPY COULD really move quickly up to 93.00 very soon.

There is not much volume on the 'bounce' at 146.00 while 45 minutes really is not long enough to consider a bounce. Just my opinion.

NM


Quoting Emp
USD/JPY and Eur/JPY is not moving.
JPY strengthening? I doubt so .... I have my reservation. Strengthening the JPY currency will only makes the local economy worst.
  • #210,856
  • Dec 29, 2009 11:16am Dec 29, 2009 11:16am
caution! market is very thin these days, so it is better to stay away. if you must trade, use smaller lots.

technically, geppy should be contained between 146 and 146.60 for now; it is moving inside an ascending channel, and upside targets should be 148.5 area AS LONG AS WE DON'T SEE A BREAK BELOW 145.5.
Nihil Sine Deo.
  • #210,857
  • Dec 29, 2009 11:34am Dec 29, 2009 11:34am
Scrat, did you recently change your bias? I thought you were on the "boom boom pow" train with all those others.

I know you're now saying 148.50 as long as 145.50 doesn't break, but that's not taking much of a stance.
check out my blog: forexmademillionaire dot com
  • #210,858
  • Dec 29, 2009 11:41am Dec 29, 2009 11:41am
I like it!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.JPG Size: 55 KB
check out my blog: forexmademillionaire dot com
  • #210,859
  • Dec 29, 2009 11:43am Dec 29, 2009 11:43am
Initially, I too had a bearish view, however, my indicators are currently screaming for a bull. Humm .... life is contradicting.
  • #210,860
  • Dec 29, 2009 11:50am Dec 29, 2009 11:50am
Quoting Emp
Initially, I too had a bearish view, however, my indicators are currently screaming for a bull. Humm .... life is contradicting.
Curious what indicators made you change your mind. I've been building longs while most have been screaming bear (although I could be wrong I know). Just would be interested in seeing/hearing about what swayed you.
check out my blog: forexmademillionaire dot com
446 traders viewing now