Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 10779 | 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)

  • #215,561
  • Feb 14, 2010 2:17pm Feb 14, 2010 2:17pm
Quoting rgitt05
Based on the Daily GJ chart, PA is heading to UTL 143.00 zone.(38.2%)

China market will be on holiday for the whole week..

After the market closed, GJ brokeout the 141.00 zone..

Also, the weekly UTL is also 143.00 zone.

Trade your charts

200 pips target from 141.00 to 143.00 zone


Hi rgitt05,
Very Helpful analysis.
and I want to share what I see with you.
attached are daily & weekly charts.
on the daily chart I see the price bounced off the daily TL @141.88 and closed below 50% fibo level. this view provides caution with trading because I see it as a signal for downward. but last 6 days show Hi lows. result is Caution.

on the weekly chart.
I see that if the price rally towards 143. it will breaks the weekly upper trend line (Red Line) which will gives breakout signals to the upside and the the price will advance to the weekly broken trend line to retest (Yellow Line) @144.5


This is my view and I need your comments on it.

Thanks in advance.
Regards.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gyd.gif Size: 25 KB
Click to Enlarge Name: gyw.gif Size: 20 KB
  • #215,562
  • Feb 14, 2010 2:56pm Feb 14, 2010 2:56pm
My vision for this week ..... At least we will reach 1.43 but probably more than that.
Time will tell ................
And after that? Kaboom? Main trend is still bearish !!!
Attached Image (click to enlarge)
Click to Enlarge Name: gj 02-14 4h.gif Size: 26 KB
New voice message: Why are you calling me? If I need you, I'll call you!
  • #215,563
  • Feb 14, 2010 2:57pm Feb 14, 2010 2:57pm
Quoting pkimnyc
would stay a side if haven't bought at the bottom.
need to see how monday plays out.

longs, however, may need to be careful. 1hr -4hr chart looks more like a bear flag to me.
Looks like a bear flag to me too. Also, the bounce off support we've seen has been weaker for Sterling than Aussie and Dollar.

AY chart. Flirted with the 100% retracement line before consolidation between the 61.8 and 100 lines.
Attached Image (click to enlarge)
Click to Enlarge Name: bear flag ay.gif Size: 21 KB


GY chart. Failed to close above the 50% fibo retracement line and has formed an almost perfect bear flag.
Attached Image (click to enlarge)
Click to Enlarge Name: bear flag gy.gif Size: 21 KB
  • #215,564
  • Feb 14, 2010 3:26pm Feb 14, 2010 3:26pm
think eurjpy might be slightly safer for shorts at the moment. if eurgbp keeps tanking thats going to support gbp overall. plus we still await a few billion in GU buying when cadburys money goes through? eur looks weak and might well tank no matter what they come out with on monday.

hopefully jap gdp causes some decent moves so i can grab something and go to bed.
  • #215,565
  • Feb 14, 2010 3:37pm Feb 14, 2010 3:37pm
Quoting ewokuk
think eurjpy might be slightly safer for shorts at the moment. if eurgbp keeps tanking thats going to support gbp overall. plus we still await a few billion in GU buying when cadburys money goes through? eur looks weak and might well tank no matter what they come out with on monday.

hopefully jap gdp causes some decent moves so i can grab something and go to bed.
Yes, Ej is a very nice pair and predictable. except last Friday
  • #215,566
  • Feb 14, 2010 4:09pm Feb 14, 2010 4:09pm
Gj is currently midTerm bullish. It is above 4hrGann and QQE looks there too(as long as above todays DP). It is aiming for an above zone towards Daily Gann or weekly 5sma. All bulls should be dead below 144, where somewhere below it will reverse.
I see pound found temporary bottom and will start it's retr to 38.2 this beginning of week(79.4 on DXY is very approachable). As for the JPY chart it should stay in the channel for a while, until DJ and S&P brake down - they sure will.
GL this week
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gj.gif Size: 29 KB
Click to Enlarge Name: uj.gif Size: 29 KB
Click to Enlarge Name: gu.gif Size: 27 KB
  • #215,567
  • Feb 14, 2010 4:11pm Feb 14, 2010 4:11pm
avalanche is coming,
80 would be good price for jpy dump.
imho
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy- 14_02_2010 , 23_08_45.png Size: 66 KB
  • #215,568
  • Feb 14, 2010 4:13pm Feb 14, 2010 4:13pm
if china does decide to allow yuan to strengthen we might get superkaboom and rgitt will be having kaboom orgasms. something definitely seems to be going on with them. must keep an eye on that.
  • #215,569
  • Feb 14, 2010 4:25pm Feb 14, 2010 4:25pm
Thanks Baby Trader for your point of view!!!

Wait and see how the PA plays out tonite..



Quoting Baby-Trader
Hi rgitt05,
Very Helpful analysis.
and I want to share what I see with you.
attached are daily & weekly charts.
on the daily chart I see the price bounced off the daily TL @141.88 and closed below 50% fibo level. this view provides caution with trading because I see it as a signal for downward. but last 6 days show Hi lows....
[
  • #215,570
  • Feb 14, 2010 4:26pm Feb 14, 2010 4:26pm
this chart shows better fibo congestion
I think it would be similar to previous year,
with new fiscal year in Japan i expect super bullish wave on stock markets.
march/april

GL to all.
Attached Image (click to enlarge)
Click to Enlarge Name: uj - 14_02_2010 , 23_19_51.png Size: 70 KB
  • #215,571
  • Feb 14, 2010 4:28pm Feb 14, 2010 4:28pm
Let see what happen since china will be out for the week..



Quoting ewokuk
if china does decide to allow yuan to strengthen we might get superkaboom and rgitt will be having kaboom orgasms. something definitely seems to be going on with them. must keep an eye on that.
Attached Image
[
  • #215,572
  • Feb 14, 2010 4:31pm Feb 14, 2010 4:31pm
yeah, but china out for the week? what better time to announce it
  • #215,573
  • Feb 14, 2010 4:33pm Feb 14, 2010 4:33pm
Quoting 5ysfx
avalanche is coming,
80 would be good price for jpy dump.
imho
6:50 pm looks good to me
  • #215,574
  • Feb 14, 2010 4:39pm Feb 14, 2010 4:39pm
cable and fibs

1.5 1.36 1.15
Attached Image (click to enlarge)
Click to Enlarge Name: cable- 14_02_2010 , 23_37_53.png Size: 67 KB
  • #215,575
  • Feb 14, 2010 4:52pm Feb 14, 2010 4:52pm
In about one hour JPY have the GDP release..This should spark some PA .


Quoting ewokuk
yeah, but china out for the week? what better time to announce it
[
  • #215,576
  • Feb 14, 2010 4:57pm Feb 14, 2010 4:57pm
maybe. or maybe it will spark nothing
  • #215,577
  • Edited 6:04pm Feb 14, 2010 5:40pm | Edited 6:04pm
Here comes 143.00

http://www.forexfactory.com/showpost...stcount=215536

Quoting ewokuk
maybe. or maybe it will spark nothing
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chart#1.gif Size: 33 KB
Click to Enlarge Name: chart#2.gif Size: 24 KB
[
  • #215,578
  • Feb 14, 2010 6:41pm Feb 14, 2010 6:41pm
nah not yet son. no news today, if there is any itll be bad and send it down probably. america closed too. euro news will say greece is saved, then we will see 138 today
  • #215,579
  • Feb 14, 2010 6:45pm Feb 14, 2010 6:45pm
Good day all,

My daily xpectation for today is GJ to drop to 139.7 or making a double bottom. Looking like an ascending wedge on H1. Sell PO @ 141.4 and 141.8.
  • #215,580
  • Feb 14, 2010 6:53pm Feb 14, 2010 6:53pm
Quoting Myrza
Good day all,

My daily xpectation for today is GJ to drop to 139.7 or making a double bottom. Looking like an ascending wedge on H1. Sell PO @ 141.4 and 141.8.
i doubt that man...fully doubt ...if u can read daily High and lows u will understand PA
MY OPINION NOT FINANCIAL ADVISE
43 traders viewing now