Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 10980 | 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)

  • #219,581
  • Mar 26, 2010 12:49pm Mar 26, 2010 12:49pm
Quoting shiva
Aww poor bears!!
lol they sure get confident on those engulfing candles within a tight range and then have a remarkable tendency to vanish when most of the move is taken back.
check out my blog: forexmademillionaire dot com
  • #219,582
  • Mar 26, 2010 12:58pm Mar 26, 2010 12:58pm
Quoting JhonMonsalve
Nice work done by this Hanging Man and div, check this Engulfing on 1h Candle [Engulf two bullish candles]

Attachment
Done for this week, nice scalping session between DPP & 138, my bias is bearish in general terms, my swing trade is in another pair: Aussie

http://www.forexfactory.com/showpost...ostcount=10294

Long the $ is the way to go!

Have a great weekend you all!

"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #219,583
  • Mar 26, 2010 1:06pm Mar 26, 2010 1:06pm
As I have few shorts here checking charts how it may play next.

H1 already buy signal confirmed & may not have enough time to do so , while H4 & for cd it fall enough downside .
In M30 there is confirm sell signal but for m15 it need go above 137.91 /97 for signal , resistant above 138.03 can stop above .


tripple already there , may develop 4th.smaller tf to work first. anyway looking for more sell before the weekend.
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #219,584
  • Mar 26, 2010 1:06pm Mar 26, 2010 1:06pm
Ok guys, quick chart here. In my opinion it's pretty easy to see this uptrend channel on the 4H... yes you can try and draw it a number of ways and the bears like to draw it in favor of this current move to 138.00 being a retest of support turned resistance and like to use this as basis for a "kaboom" coming next week.

However, I believe this is the best way to draw it and if you look, we had a test of the channel, rejection, then a push back THROUGH the channel where we currently sit on the lower trend channel as support. Now, we sit quite precariously I understand that. We could easily fall right back through and kabooms will be heard throughout the forum. However, if (and in my opinion, when) 138.20 is taken... we WILL see 142.00. Also, a break of an uptrend and move back into it is generally viewed as quite bullish.

Just thoughts you're always allowed to ignore

Geppy.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.JPG Size: 41 KB
check out my blog: forexmademillionaire dot com
  • #219,585
  • Mar 26, 2010 1:16pm Mar 26, 2010 1:16pm
Quoting Geppy
Ok guys, quick chart here....

Pretty much what I see as long as the news stays about the same. That lower channel will get a little more testing and then it will give up and head to try out the top a middle pretty quick.
  • #219,586
  • Mar 26, 2010 1:22pm Mar 26, 2010 1:22pm
Volumes are drying up fast, we may keep ranging till the coming week
  • #219,587
  • Mar 26, 2010 1:24pm Mar 26, 2010 1:24pm
Quoting shiva
Volumes are drying up fast, we may keep ranging till the coming week
Of course, it's Friday... most everyone has packed up and gone home for the weekend. As for me, I'll be off to support my alma mater, the Gaels, today against Baylor
check out my blog: forexmademillionaire dot com
  • #219,588
  • Mar 26, 2010 1:27pm Mar 26, 2010 1:27pm
Quoting Geppy
Of course, it's Friday... most everyone has packed up and gone home for the weekend. As for me, I'll be off to support my alma mater, the Gaels, today against Baylor
Have a good time
  • #219,589
  • Mar 26, 2010 1:39pm Mar 26, 2010 1:39pm
If Cable was to fall, GJ could come down with it now that UJ seems to be consolidating before making its next move. IMO, if Cable was to break the wedge to the upside and UJ continues its move to possibly 95.00 area, we could see a big move to the upside in GJ. Based on 1 HR chart, if Cable was to first fall and then break the wedge to the upside, we might possibly see 136.30 area first before a next move higher.

Quoting Geppy
Ok guys, quick chart here....
Attached Image (click to enlarge)
Click to Enlarge Name: 2_GJ_1HR.GIF Size: 23 KB
  • #219,590
  • Mar 26, 2010 2:47pm Mar 26, 2010 2:47pm
Quoting CasperTrader
If Cable was to fall, GJ could come down with it now that UJ seems to be consolidating before making its next move. IMO, if Cable was to break the wedge to the upside and UJ continues its move to possibly 95.00 area, we could see a big move to the upside in GJ. Based on 1 HR chart, if Cable was to first fall and then break the wedge to the upside, we might possibly see 136.30 area first before a next move higher.
I had an earlier post with 3 scenarios... you vaguely touched on it with this.
check out my blog: forexmademillionaire dot com
  • #219,591
  • Mar 26, 2010 3:08pm Mar 26, 2010 3:08pm
Yes. I remember that you were waiting to get back into longs at around 136.10 area.

Quoting Geppy
I had an earlier post with 3 scenarios... you vaguely touched on it with this.
  • #219,592
  • Mar 26, 2010 3:12pm Mar 26, 2010 3:12pm
Quoting CasperTrader
Yes. I remember that you were waiting to get back into longs at around 136.10 area.
Nope, wrong post... yes I was but it never got there. I got back into longs at 137.27

Here's the post I was talking about with three scenarios.
check out my blog: forexmademillionaire dot com
  • #219,593
  • Mar 26, 2010 4:35pm Mar 26, 2010 4:35pm
my 2 cents ... My daily and 4 hr stochastic are still bullish while the overall daily and monthly trends still look bearish. IMHO, a run up to 141-143 is very possible before the big Kaboom we are all looking for.
  • #219,594
  • Mar 26, 2010 4:36pm Mar 26, 2010 4:36pm
careful longs... today was a low volume day, with a lower than average range (high-low distance): average daily range for g-j is ~ 160 pips, well, today we only had a 99 pips range.

this looks like a no demand bar (range lower than usual + volume less than 2 previous bars) so i will short it below today's low - 137.03.

have a nice weekend everyone!
Attached Image (click to enlarge)
Click to Enlarge Name: g-j_nd.gif Size: 17 KB
Nihil Sine Deo.
  • #219,595
  • Mar 26, 2010 5:41pm Mar 26, 2010 5:41pm
OK. I see. Yes, the possibilities are numerous. Have a good weekend.

Quoting Geppy
Nope, wrong post... yes I was but it never got there. I got back into longs at 137.27

Here's the post I was talking about with three scenarios.
  • #219,596
  • Mar 26, 2010 8:26pm Mar 26, 2010 8:26pm
Quoting pkimnyc
+30 pips, i'm out also, took half off, leaving the rest to run.
wish i was loaded as you. 15 lots... wow.
well pkimnyc, i started out with $1000 USD and grow it for 2 months with of course proper money management... if you are to hungry for success and without proper money management, the market will sliced you to pieces.. have a proper strategy and discipline when trading.. my profit take is only 30 pips.. more than that is a bonus for me...set a target and grow you capital then once it is enough you trade big like 10 or 15 lots and your target pips and buzz off..
Question: Making like $4000 to $6000 a day enough for you?
Well my friend, trade smartly.. take care and Happy trading
  • #219,597
  • Mar 26, 2010 9:10pm Mar 26, 2010 9:10pm
Quoting deenshah
well pkimnyc, i started out with $1000 USD and grow it for 2 months with of course proper money management... if you are to hungry for success and without proper money management, the market will sliced you to pieces.. have a proper strategy and discipline when trading.. my profit take is only 30 pips.. more than that is a bonus for me...set a target and grow you capital then once it is enough you trade big like 10 or 15 lots and your target pips and buzz off..
Question: Making like $4000 to $6000 a day enough for you?
Well my friend, trade smartly.....
thanks for your advise.

answere: no
  • #219,598
  • Mar 26, 2010 9:12pm Mar 26, 2010 9:12pm
Quoting PipinStein
I'd like to thank Raza and PK for getting my attention on Eur/Aud, out +200 Now with a sliding entry stop below the last 1HR bar to short it and catch 100 more pips to the downside. It's heading up possibly to 1.52, just needs to pull back some to relieve the serious overbought level. exceeded it's daily ATR by 3 times
thanks guys
enjoy the green pips.
  • #219,599
  • Mar 26, 2010 9:19pm Mar 26, 2010 9:19pm
Quoting deenshah
well pkimnyc, i started out with $1000 USD and grow it for 2 months with of course proper money management... if you are to hungry for success and without proper money management, the market will sliced you to pieces.. have a proper strategy and discipline when trading.. my profit take is only 30 pips.. more than that is a bonus for me...set a target and grow you capital then once it is enough you trade big like 10 or 15 lots and your target pips and buzz off..
Question: Making like $4000 to $6000 a day enough for you?
Well my friend, trade smartly.....
nice bedtime story
Thank You
  • #219,600
  • Mar 26, 2010 9:21pm Mar 26, 2010 9:21pm
Quoting Ignat B.
Maybe GBPJPY will choose the bullish count.

http://ignatpost.com/img/post/108/1437657511.gif
nice count.
did not look at it this way. thanks.
51 traders viewing now