Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 11190 | 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)

  • #223,781
  • May 6, 2010 9:50pm May 6, 2010 9:50pm
Quoting Clouds
UJ breaking 92 should confirm shorts
2hr close below 92,3 (61,8 fibo), 2hr bearish engulfing, break below 92 - all three are weak-ish signals, but if all combined definitely a signal
  • #223,782
  • May 6, 2010 10:00pm May 6, 2010 10:00pm
Quoting KeyframeHR
2hr close below 92,3 (61,8 fibo), 2hr bearish engulfing, break below 92 - all three are weak-ish signals, but if all combined definitely a signal
would like see all those signs. i took trade as we in bearish mode, and it broke retracement trend line. a break below 92 would make me feel more comfortable, as it seems to use figures (ex. 91, 92, 93,ect..) as support. i think it will break.
  • #223,783
  • May 6, 2010 10:05pm May 6, 2010 10:05pm
Quoting Clouds
would like see all those signs. i took trade as we in bearish mode, and it broke retracement trend line. a break below 92 would make me feel more comfortable, as it seems to use figures (ex. 91, 92, 93,ect..) as support. i think it will break.
I took a trade based on that fibo, since this is a textbook fibo entry - when it gets to 61,8% and falls back, it's an entry. Usually after big moves in the market, I've noticed market (especially Asia so) trades by TA, probably because they shat bricks.

revised targets: GJ 128,65 UJ 89 (will be resistance in the middle from daily 200 MVA)
  • #223,784
  • May 6, 2010 10:13pm May 6, 2010 10:13pm
ive no targets yet, but i think maybe 89 and 131, im not sure a friday will bring it below previous lows, it may go down some and snap back again
  • #223,785
  • May 6, 2010 10:16pm May 6, 2010 10:16pm
Quoting Clouds
ive no targets yet, but i think maybe 89 and 131, im not sure a friday will bring it below previous lows, it may go down some and snap back again
I'm ready to jump from the ship early, it's a mixed market today anyways. And also let's not forget those neighboring 2hr candles are not of normal size, so it's hard to engulf them.
  • #223,786
  • May 6, 2010 10:21pm May 6, 2010 10:21pm
we have a break, it should test yesterday's close @ 134.35...
Nihil Sine Deo.
  • #223,787
  • May 6, 2010 10:22pm May 6, 2010 10:22pm
Quoting alsup1955
120 here we come...continued massive sell off tonight. Just a guess..lol


hmmmmmm, maybe its true
  • #223,788
  • May 6, 2010 10:24pm May 6, 2010 10:24pm
would be funny to see 120 by tomorrow. talk about black thursday/friday
  • #223,789
  • May 6, 2010 10:26pm May 6, 2010 10:26pm
just beware of a highly probable flip at S1 128,6 and 132,05 first real support
  • #223,790
  • May 6, 2010 10:30pm May 6, 2010 10:30pm
Quoting Scrat
we have a break, it should test yesterday's close @ 134.35...
looks like that got tested. i love high-speed forex.
  • #223,791
  • May 6, 2010 10:35pm May 6, 2010 10:35pm
yeah, i got it... now up...

Quoting Clouds
looks like that got tested. i love high-speed forex.
Nihil Sine Deo.
  • #223,792
  • May 6, 2010 10:40pm May 6, 2010 10:40pm
sorry guys newbie here....
just wanna asked where is the next support?
my chart is messing around already.... never deal with this prob...
row row row your boat
  • #223,793
  • May 6, 2010 10:40pm May 6, 2010 10:40pm
Quoting Scrat
yeah, i got it... now up...
i think i wait till i see hourly bullish candle before switching my shorts, but u may be right
  • #223,794
  • May 6, 2010 10:42pm May 6, 2010 10:42pm
THIS is the next support - 134.35 area, going as low as 133.40; anything below that will trigger another test of yesterday's low...

Quoting ngiler
sorry guys newbie here....
just wanna asked where is the next support?
my chart is messing around already.... never deal with this prob...
Nihil Sine Deo.
  • #223,795
  • May 6, 2010 10:53pm May 6, 2010 10:53pm
Quoting Scrat
yeah, i got it... now up...
tenkan sen crossing kijun sen on 15m and ROC rising sharply on 5m but PA creeping up to MVA13C instead oh violently rising. I'll wait for a determinate breach of that MVA of 135,05 before pulling out
  • #223,796
  • May 6, 2010 10:55pm May 6, 2010 10:55pm
breached, got out of all... nice! it might come back later, but why risk any further today before market open
  • #223,797
  • May 6, 2010 10:57pm May 6, 2010 10:57pm
i bailed shorts, took longs
  • #223,798
  • May 6, 2010 11:19pm May 6, 2010 11:19pm
Quoting Clouds
i bailed shorts, took longs
closed.
  • #223,799
  • May 6, 2010 11:25pm May 6, 2010 11:25pm
2hr candle sticks looks bearish to me
  • #223,800
  • May 6, 2010 11:29pm May 6, 2010 11:29pm
Quoting Clouds
2hr candle sticks looks bearish to me
hopefully after this pull back we can all get in for another positive ride if the price plumits again after London open.
336 traders viewing now