Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 11386 | 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)

  • #227,701
  • Jun 14, 2010 6:45am Jun 14, 2010 6:45am
Quoting avtopilot
Oooops, you are damn right! Thats seems to be hidden bearish. Isn't it?

Cup and handle I see like here:
im not a fav of cup and handles on stock charts... i dont know those patterns very well,,or dont spot it either . i only trade the obv patterns that are clearly to the world to see and that mean its the strongest breakouts and volume's .
  • #227,702
  • Jun 14, 2010 6:53am Jun 14, 2010 6:53am
Quoting fullhouse
im not a fav of cup and handles on stock charts... i dont know those patterns very well,,or dont spot it either . i only trade the obv patterns that are clearly to the world to see and that mean its the strongest breakouts and volume's .
well, cup and handle is quite known, but in our case not clear. Becides when I now realized my fault about the divergence - I am quite confused about what is going to happen with my long next.

Your position about clearly seen patterns is 100% right and safe. I am trading this one only because of small bet.
  • #227,703
  • Jun 14, 2010 7:11am Jun 14, 2010 7:11am
Quoting igmak
FYI, new daily chart. It look like PA crossed NL and we might see 142 and 147 soon. Validation of the H&S will be closing this candle above NL. My game plan and longs still in play.

and here we go on cad/jpy another valid H&S pattern that is busy develop.. where will this pair end ?

one of my shorts that will soon triggered ..gbp/jpy will follow and so will the rest of all the crosses ...just a matter of time before we start rocking to the ground to new lows..

my all time target is 123.80 for the bottom,,but to compare the views to the rest of the jpy pairs ,,i might be wrong and we will see lower than that.. but im def long it from 123.80 for a deeep pullback and will re-evalueate from there ...
will post another chart soon ,,the chf/jpy

according to the rest jpy pairs is THAT THE BEAR TREND ONLY CONFIRM NOW A BEARISH BREAKOUT ,,THE TREND WILL START SOON..

so i dont see where do you guys see any long /bull moves to 147 and higher etc .... i cant see it and i still see we are EXTREMELY BEARISH ..
Attached Image (click to enlarge)
Click to Enlarge Name: wrong ch1.jpg Size: 104 KB
  • #227,704
  • Jun 14, 2010 7:19am Jun 14, 2010 7:19am
what about this chart,,the chf/jpy ?? MR fat finger break the 14 month support level and confirm it as a real break ..will the bear traders waited 14 month allowed it to go back above the supp/ress level ?? naaah ,,the orders is piling in and placed at ress level for a drop later...very soon !
Attached Image (click to enlarge)
Click to Enlarge Name: wrong ch2.jpg Size: 93 KB
  • #227,705
  • Jun 14, 2010 7:23am Jun 14, 2010 7:23am
......order placed at 135.71.
  • #227,706
  • Jun 14, 2010 7:36am Jun 14, 2010 7:36am
I've been wondering for a while now : what do you guys call the fat finger please ?

Quoting fullhouse
what about this chart,,the chf/jpy ?? MR fat finger break the 14 month support level and confirm it as a real break ..will the bear traders waited 14 month allowed it to go back above the supp/ress level ?? naaah ,,the orders is piling in and placed at ress level for a drop later...very soon !
Hello.
  • #227,707
  • Jun 14, 2010 7:49am Jun 14, 2010 7:49am
Quoting emene
I've been wondering for a while now : what do you guys call the fat finger please ?
It's a reference to the Thursday May 6 market crash. Google 'fat finger Thursday' for tons of "insights."
  • #227,708
  • Jun 14, 2010 7:52am Jun 14, 2010 7:52am
I see a lot of you guys on here are targeting the mid 137's. Its pretty obvious that if we can close above this 135.80, then once we close above the round number of 136, its a straight shot and a safe shot to the previous swing high of 136.60. Isn't it safer to TP at 136.60 rather than shooting for the mid 137's?
  • #227,709
  • Edited 8:12am Jun 14, 2010 7:57am | Edited 8:12am
Quoting UncagedEagle
I see a lot of you guys on here are targeting the mid 137's. Its pretty obvious that if we can close above this 135.80, then once we close above the round number of 136, its a straight shot and a safe shot to the previous swing high of 136.60. Isn't it safer to TP at 136.60 rather than shooting for the mid 137's?
we have to clear 136.30 // [close daily above] for more testing to 139.7 and ultimate 144.90-145.50 level...

a bunch of confluence here at 136.10-136.25 [my 2nd target], including S&P 1100 resistance cluster just breached.... so..

we are kissing 50ema daily..; S&P playing around 1100.. -> we may get a spike to 136.10-30 but we are at second level... some retracing from here DOWN IMHO.. but

handle with CARE>..
  • #227,710
  • Jun 14, 2010 8:15am Jun 14, 2010 8:15am
Quoting emene
I've been wondering for a while now : what do you guys call the fat finger please ?

that big sell off a few weeks ago,on thaT FIRDAY ...
  • #227,711
  • Jun 14, 2010 8:17am Jun 14, 2010 8:17am
Quoting Piters
we have to clear 136.30 // [close daily above] for more testing to 139.7 and ultimate 144.90-145.50 level...

a bunch of confluence here at 136.10-136.25 [my 2nd target], including S&P 1100 resistance cluster just breached.... so..

we are kissing 50ema daily..; S&P playing around 1100.. -> we may get a spike to 136.10-30 but we are at second level... some retracing from here DOWN IMHO.. but

handle with CARE>..
what is your reson for 144/45 ? if i may ask ...
  • #227,712
  • Jun 14, 2010 8:21am Jun 14, 2010 8:21am
Quoting fullhouse
what is your reson for 144/45 ? if i may ask ...
3 reasons.. Confluence..

- Open Daily and have a look back.. how many days were rejected from 144.80-145.20 level
- Monthly Bar.. with HIGH at 144.896
- FE 161 = 145.5
  • #227,713
  • Jun 14, 2010 9:57am Jun 14, 2010 9:57am
allseeingeye ??

did you jump the usd/cad ? mine triggered at 1.0230 ..now lets see if i can hold until next year or stopped out..either one must happen..
  • #227,714
  • Jun 14, 2010 10:24am Jun 14, 2010 10:24am
Moody’s has cut Greece to BA1 from A3.

Combined with comments from Merkel and Sarkozy, EUR/USD has pulled back to the 1.2230 support area.

Merkel and Sarkozy are calling for greater financial regulation, a securities transaction tax, strengthening the stability pact, reopening the EU treaty.

Sounds like a serious hornets nest they are willing to poke…
Look for stops below 1.2225 level after several stalls near 1.2230 on pullbacks.

http://www.forexlive.com/112936/all/...reek-downgrade
check out my blog: forexmademillionaire dot com
  • #227,715
  • Jun 14, 2010 11:25am Jun 14, 2010 11:25am
alright, i see that all supports from today seem to be broken...

london close, 135.56 - taken; ny open, 135.23 - taken; and finally, tokyo close, 135.08 - cleared.
this thing should go down for a test of weekly support. about 200 pips or so... 133.30 or 132.50 area.
Nihil Sine Deo.
  • #227,716
  • Jun 14, 2010 11:27am Jun 14, 2010 11:27am
Although I'm midterm & onwards GY bearish, there's still some highs to work out of the system. The Greece problems are nothing new to anyone, and have changed nothing. So, will be looking to get GY on sale 1st (maybe) around 134.6 and if that breaks, 133.9; 133.4 wouldn't surprise me to create more demand. Yen weakness and more prevalent & newer issues are in play in Japan, so we should see further yen cross rising. Even the EY is rather subdued in it's decline. Yes, US equities are moving down. Any further declines, and my GJ will be breakeven as I fish for better sale prices; there is a good case for further US declines, so bottom fishing on GY's a little tricky.
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-06-14_142047.jpg Size: 257 KB
  • #227,717
  • Jun 14, 2010 11:33am Jun 14, 2010 11:33am


Quoting Scrat
alright, i see that all supports from today seem to be broken...

london close, 135.56 - taken; ny open, 135.23 - taken; and finally, tokyo close, 135.08 - cleared.
this thing should go down for a test of weekly support. about 200 pips or so... 133.30 or 132.50 area.
check out my blog: forexmademillionaire dot com
  • #227,718
  • Jun 14, 2010 11:38am Jun 14, 2010 11:38am
FYI, added one more long position to my collection. First TP is 142, then 147 and the rest I let it run
Attached Image (click to enlarge)
Click to Enlarge Name: GJ - 2010-06-14 14-35.jpg Size: 523 KB
Do not follow my trades. Trade what you see on your own charts.
  • #227,719
  • Jun 14, 2010 12:34pm Jun 14, 2010 12:34pm
Quoting Scrat
alright, i see that all supports from today seem to be broken...

london close, 135.56 - taken; ny open, 135.23 - taken; and finally, tokyo close, 135.08 - cleared.
this thing should go down for a test of weekly support. about 200 pips or so... 133.30 or 132.50 area.

pssssst wht about 125/126 ? ... dont look too much in bullish.. just a matter of time we will start rocking to the ground ..

cad/jpy and nzd/jpy already gave me signals ..gbp/jpy will follow very soon!

usd/cad hopefully hit bottom... time will tell ..

the fun will staRT SOON,and bull traders will get confused ,and 123.80 will get tested before any move above 139

stay tuned
  • #227,720
  • Jun 14, 2010 12:49pm Jun 14, 2010 12:49pm
Quoting fullhouse
pssssst wht about 125/126 ? ... dont look too much in bullish.. just a matter of time we will start rocking to the ground ..

cad/jpy and nzd/jpy already gave me signals ..gbp/jpy will follow very soon!

usd/cad hopefully hit bottom... time will tell ..

the fun will staRT SOON,and bull traders will get confused ,and 123.80 will get tested before any move above 139

stay tuned
wait.... wait.... wait..... nothing confirmed yet !

at least till ny closes up shop
62 traders viewing now