Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 11375 | 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)

  • #227,481
  • Edited 1:58pm Jun 10, 2010 1:35pm | Edited 1:58pm
TP fot the inverted H&S (NL was broken) is 137 level.

Update: FYI, 1hr inverted H&S target may trigger daily inveted H&S and if that happens PA may reach 147 (just my observation)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GJ - 2010-06-10 14-34.jpg Size: 497 KB
Click to Enlarge Name: GJ - 2010-06-10 14-54.jpg Size: 527 KB
Do not follow my trades. Trade what you see on your own charts.
  • #227,482
  • Edited 2:21pm Jun 10, 2010 1:44pm | Edited 2:21pm
lol.. interesting...

cable "on Fire" just crossed 1.47 lvl.. DOW +230; no single sign of any shorts!!

ASIA should be very, very, interesting...

cya // first "unload" at 134.80.. next 136.2 ...
  • #227,483
  • Jun 10, 2010 1:47pm Jun 10, 2010 1:47pm
Quoting special0nefx
Today hard to count,anyway already [email protected] , looking for tokyo [email protected]. Hope is a good setup. Because i check m30,h1,h4 overbought for me. Should come down anytime. With [email protected]
Check your 1 min and 5 min chart you will see whats going on with wave count..
Markets are not Random, they are designed!
  • #227,484
  • Edited 2:26pm Jun 10, 2010 1:54pm | Edited 2:26pm
Quoting Raza
Check your 1 min and 5 min chart you will see whats going on with wave count..
Extend possible. I see price should close below 134.07 only have chance to see bear. Is complete 5 wave in 1min.
Hope we in the right boat now.

I just recheck my chart on H1, the extend can reach 134.86. Should be a good setup there between 134.87~135.28. But with tight SL
  • #227,485
  • Jun 10, 2010 2:26pm Jun 10, 2010 2:26pm
It's scary to be thinking shorts right now. GJ has closed above and stayed above some very strong resistances and it looks like the 1H H&S has been violated. A potentially huge up move is in the making. My initial target was 135. I've closed all my long but will look for a retrace to 133.80 during Asia for some serious longs.
  • #227,486
  • Jun 10, 2010 2:35pm Jun 10, 2010 2:35pm
Quoting igmak
TP fot the inverted H&S (NL was broken) is 137 level.

Update: FYI, 1hr inverted H&S target may trigger daily inveted H&S and if that happens PA may reach 147 (just my observation)
I don't know how you got 147 but to get there, price has to break the "unbreakable" daily 200 ema which is currently at about 142. Price has been trading below this MA and bounce very strongly off of it for close to 2 years now. From 142, I could see price drop to 122 again assuming 142 held.
  • #227,487
  • Jun 10, 2010 2:40pm Jun 10, 2010 2:40pm
Quoting Pipsqueak
I don't know how you got 147 but to get there, price has to break the "unbreakable" daily 200 ema which is currently at about 142. Price has been trading below this MA and bounce very strongly off of it for close to 2 years now. From 142, I could see price drop to 122 again assuming 142 held.
Agreed, I am just projecting targets for H&S setups. I am be maybe wrong but if that happens it will the major breakout. Anyway, I am still enjoying pips from long positions
Do not follow my trades. Trade what you see on your own charts.
  • #227,488
  • Jun 10, 2010 3:05pm Jun 10, 2010 3:05pm
Quoting igmak
Agreed, I am just projecting targets for H&S setups. I am be maybe wrong but if that happens it will the major breakout. Anyway, I am still enjoying pips from long positions
Congrats bro. I will rejoin the "bullwagon" soon. Looking for another 200-300 pips trade because that's all GJ will move in a single day.
  • #227,489
  • Jun 10, 2010 3:08pm Jun 10, 2010 3:08pm
Quoting Pipsqueak
I don't know how you got 147 but to get there, price has to break the "unbreakable" daily 200 ema which is currently at about 142. Price has been trading below this MA and bounce very strongly off of it for close to 2 years now. From 142, I could see price drop to 122 again assuming 142 held.
Oh? My chart show PA convicingly above 200 EMA June through Sept 09 and Nov 09. So maybe it is not so "unbreakable"?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #227,490
  • Jun 10, 2010 3:19pm Jun 10, 2010 3:19pm
Hmm, come on

http://www.forexfactory.com/showpost...postcount=6237
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #227,491
  • Jun 10, 2010 4:16pm Jun 10, 2010 4:16pm
I am long but I sure am not thinking ride to 147. Lets see 135.50 first and see what happens. I don't see getting much past there but who knows.
  • #227,492
  • Jun 10, 2010 4:25pm Jun 10, 2010 4:25pm
Quoting maanawi
big chance to hit 133.94 to be followed with 134.41
Attached Image (click to enlarge)
Click to Enlarge Name: targethit.gif Size: 42 KB
  • #227,493
  • Jun 10, 2010 4:33pm Jun 10, 2010 4:33pm
Quoting grashid
my rules say..STOP if u have more than target...and u may be right...as i could c some drop from this 134 area in less than 1hr from now...max 129.50

going to rest tho...

good luck

g
possible
  • #227,494
  • Jun 10, 2010 4:50pm Jun 10, 2010 4:50pm
Looks like we've had the top for now.
I'm short from 134.30. No target yet but I want to be out when London opens. Let's see what we get.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #227,495
  • Jun 10, 2010 5:19pm Jun 10, 2010 5:19pm
Quoting grashid
..hows life bro..long time no c

yo yo.. enjoying life outside the charts for a while and will be back very soon in full force .. dont have access to charts but keep an eye on ex.com every now and them.. went long at 133 and got stopped out and soon re-enter again at 130.8 ..im still pretty much long short bias for a slooow progress to 137-139.. i do see we runnning now at 134'ish somewhere,and thats about it,cant see the charts

for the medium/long term aspect is that , if we heads up to 139,then i do see some seriuos sellers waiting at that area and we will see some deep dips lower ,but if we not get that high at 139 ,,then it will be a muggy messy spike after spike testing the 130/128 level and we have no momentum for any trend... we gotta hate this pair as i mention a while ago ...its boooooring .. a perfect pair to wipe a account if you try to trade as a day trader .. stay away until we see momentum is going on... i went quickly through this forum and it sounds confused for me..2 days ago the bear traders pop up here and post all over short trades,targets 128/129 etc and they got burned again ? IF WE DONT GET UPTO 139 THEN DONT SHORT THIS PAIR ,KEEP AWAY,WE RUNNING ON EXTREME LEVELS ON THE CROSSES.. my only advise is to short at 139 and 142 area for a real dip lower,,otherwise i wont touch this pair until we see a clear bottom is form,,and that can take months to develop,,i mention about nov Q4 somehwere...but lets see ..

i have 2 trades in plan,,im long now at 130.80 target 137.40 and will reverse to short at 137.XX stop above 139.50 for and X target ..if i got stopped out ,re -enter again at 141/142 for an X target... what happen in between is head scratch and got no clue where will we end, but the end is soon but a very tortous basing is starting to develop...

PS ... dont forget to look at usd/cad at 1.0220 area .. only trade that i have in mind for a mega long term trade until year end ,or until 1.15 is test .

thATS me ..im enjoying the campfire with a drink or 2 ..

keep well
  • #227,496
  • Jun 10, 2010 5:20pm Jun 10, 2010 5:20pm
Quoting Cod
I am long but I sure am not thinking ride to 147. Lets see 135.50 first and see what happens. I don't see getting much past there but who knows.
I see mid 144's on the horizon!
Every time you use 'hopium' in a post, God kills a kitten.
  • #227,497
  • Jun 10, 2010 6:12pm Jun 10, 2010 6:12pm
If you read the post, the 147 was for the GU.........
  • #227,498
  • Jun 10, 2010 7:47pm Jun 10, 2010 7:47pm
Quoting Piters
YUP.. agreed mate.. but everything pointing on some BS (BULLShoot) action
134.80 a PB, then 136.20 .. we may DROp from there (possible London tomorrow..)
AsIA is going to be exited with DOW at +220 tomorrow.. (if we close like this.)
Another mark to watch is Frankfurt and London close in 1-2h..

so.. far.. all equities are on steroids on Chinese Export data...
First lvl to "unload" reached...
  • #227,499
  • Jun 10, 2010 7:51pm Jun 10, 2010 7:51pm
right. a break of 135.10... and we get to shake hands with 136 again.

Quoting Piters
First lvl to "unload" reached...
Nihil Sine Deo.
  • #227,500
  • Jun 10, 2010 7:58pm Jun 10, 2010 7:58pm
good morning all.i see price complete at 134.9 to complete wave 3(just 10 pip less from my tp).so now im looking for retracement to complete wave 4.n then add long again to complete wave 5 at max 136.6 before big drop occur.

happy trading....
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 22 KB
Gold Expedition Return This Year: -16.4%
94 traders viewing now