Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 11498 | 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)

  • #229,941
  • Jul 29, 2010 6:44pm Jul 29, 2010 6:44pm
Quoting Eulogy
While i certainly don't endorse the majority of his inane posts directionally speaking GUCC may have a point. I have a short on from 136.6 and seeing that massive volume high spread doji during the 1st-2nd hour on the YM when the Dow opened up last night simply reaffirmed it.

was that the 4hr chart your talking about
  • #229,942
  • Jul 29, 2010 7:02pm Jul 29, 2010 7:02pm
Quoting cohiba pips
was that the 4hr chart your talking about
H4 and H1

I was originally looking at the H1 chart but i think the H4 has a similar candle.
  • #229,943
  • Jul 29, 2010 7:12pm Jul 29, 2010 7:12pm
Quoting Eulogy
H4 and H1

I was originally looking at the H1 chart but i think the H4 has a similar candle.
i see that as a good signal as well the problem i have is the pattern
rising wedge and the breakout so im wondering if this is a fake or my thoughts are wrong in the charts shown we are back in the range area as far as i can see lets be honest for me personally june was a bitch


some old lines sorry
Attached Image(s) (click to enlarge)
Click to Enlarge Name: problem.gif Size: 26 KB
Click to Enlarge Name: problem 2.gif Size: 26 KB
  • #229,944
  • Jul 29, 2010 7:40pm Jul 29, 2010 7:40pm
Quoting freedompips
Thanks for all your advice. Will keep on trying till I get it.
It took me four frenkin years to my ah-ha moment and now 1-2% daily is what I make day in day out minimum and I do not stare all day just when it counts. once you find a strategy that suits you you may find that some times in the day are easier to trade and faster than others. 5 min in London-NY nowadays can make your day if you know what you're doing. I personaly don't do much during Tokyo as its not as volatile but I still keep an eye. London-NY are more volatile.
E
  • #229,945
  • Jul 29, 2010 7:45pm Jul 29, 2010 7:45pm
Quoting cohiba pips
i see that as a good signal as well the problem i have is the pattern
rising wedge and the breakout so im wondering if this is a fake or my thoughts are wrong in the charts shown we are back in the range area as far as i can see lets be honest for me personally june was a bitch


some old lines sorry
Not sure about the breakout from the wedge. Quite frankly, that thing in itself could be a fakeout especially if it stays below the 135.8 resistance.

an adjustment to you chart could be argued that if you start placing your trendlines around the start of July (possibly as an indication of sentiment from the start of the new financial year), you'll notice a broadening wedge with so far 4 higher peaks and 2 lower troughs. Although not the standard BW as it has 1 more peak than usual the unusual volatility especially in the last wave seems consistent with this pattern.
  • #229,946
  • Jul 29, 2010 9:05pm Jul 29, 2010 9:05pm
Channel hold we get deeply retrace
Attached Image (click to enlarge)
Click to Enlarge Name: gjh4_300710.gif Size: 67 KB
  • #229,947
  • Jul 29, 2010 9:32pm Jul 29, 2010 9:32pm
If today close below 135/134.80....the trend may change back to bear and that 122 look possible....but to early to me to say....while i say Uj stuck at ressistance n max area could be 86.40...only close below this support will potential bear could come back. But when i saw it right now, it should going up from now n may drag GY n EY as well. Anythings can happen actually especially today where am expecting very damm crazy/mess movement maybe worst than yesterday before she made a decision in which side she wanna go.

I will try to post my chart tomorrow after this week close to mentioned my view...currently to early to mentioned....

otherwise if close above 135.60 then..bull continue where this may happen from US session....i more bias to this view.

cheers

g
  • #229,948
  • Jul 29, 2010 9:37pm Jul 29, 2010 9:37pm
Quoting grashid
If today close below 135/134.80....the trend may change back to bear and that 122 look possible....but to early to me to say....while i say Uj stuck at ressistance n max area could be 86.40...only close below this support will potential bear could come back. But when i saw it right now, it should going up from now n may drag GY n EY as well. Anythings can happen actually especially today where am expecting very damm crazy/mess movement maybe worst than yesterday before she made a decision in which side she wanna go.

I will try to post my chart...
I knew your mind full of 135.60-136.66-137.80-139-140
  • #229,949
  • Jul 29, 2010 9:54pm Jul 29, 2010 9:54pm
Quoting wormboy
pop goes 135. tested water ard 134.98 earlier. looking good, +-100 pips to target. Would be nice to get it by tomorrow.

good luck guys & enjoy your evening
good morning

yesterday's low is now taken out leaving us a little less than 90 pips to the 133.9 target level. 134.50 could provide us with a bit of challenge as that previously was minor supp/res. In any case we'll be looking to lock 50%-75% of our gains to be on the safe side.

Have a great day everyone
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gy4c.gif Size: 21 KB
Click to Enlarge Name: gy4d.gif Size: 20 KB
Thank You
  • #229,950
  • Jul 29, 2010 10:05pm Jul 29, 2010 10:05pm
GBPJPY: Possibly a big bounce from these levels today.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy29th.jpg Size: 155 KB
  • #229,951
  • Jul 29, 2010 10:11pm Jul 29, 2010 10:11pm
Quoting special0nefx
I knew your mind full of 135.60-136.66-137.80-139-140
..if u carefully taken care of this girl ...u may felt it dude...i did fully research in GY behaviour for almost 3 years..so number....mmm..

you should know that. only my problem is i cant stay too long with her, that i still try to figure out how to improve as some time when she dance, its really make me irritate..haha..but so far in a good progress actually....

ok la happy weekend mate and happy trading to all of you...


cheers

g
  • #229,952
  • Jul 29, 2010 10:16pm Jul 29, 2010 10:16pm
Quoting grashid
..if u carefully taken care of this girl ...u may felt it dude...i did fully research in GY behaviour for almost 3 years..so number....mmm..

you should know that. only my problem is i cant stay too long with her, that i still try to figure out how to improve as some time when she dance, its really make me irritate..haha..but so far in a good progress actually....

ok la happy weekend mate and happy trading to all of you...


cheers

g
Cheers bro, nice research you have been. Anyway i be looking for uj stop and test at support 86 only i consider gj move. London open will be interesting . It's freaky friday, happy weekend too.
  • #229,953
  • Jul 29, 2010 10:27pm Jul 29, 2010 10:27pm
I cannot Trade...My MOFO Brokers Server is Down....

Here is what we have..Fibs with Bounce areas...

I believe Decline should be in 5 Waves...to get to 128xx

136.40 is nothing any more...so Price can trap Both bull and Bear..

You can easily do a Count from 1 hr and 4 HR..

here are 2 ......4 Hr Charts...

4 Hr is about to get Bullish... From 134.16- 133.75

This could still be Bull...WXY stuff...

If below 132 then forget bull...IMO.....I would sell on Retrace...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 4 hr.jpg Size: 164 KB
Click to Enlarge Name: 4 hr #2.jpg Size: 143 KB
Markets are not Random, they are designed!
  • #229,954
  • Jul 29, 2010 10:44pm Jul 29, 2010 10:44pm
Quoting grashid
If today close below 135/134.80....the trend may change back to bear and that 122 look possible....but to early to me to say....while i say Uj stuck at ressistance n max area could be 86.40...only close below this support will potential bear could come back. But when i saw it right now, it should going up from now n may drag GY n EY as well. Anythings can happen actually especially today where am expecting very damm crazy/mess movement maybe worst than yesterday before she made a decision in which side she wanna go.

I will try to post my chart...
Judging by G/U..I expect it to go to 1.58 minimum...

So G/J should also be a Bull up tp 138xx

and UJ .. 89.xx

G/J on 4hr is almost Oversold at the Moment

Bullish Divergence on RSI Daily as well...or it is some dirty trick they will play today...?

IF....This is still wave#1 down..so for wave#2 it should retrace UP/ and tomorrow or NY opens...Wave#3 Down..IMO..rest next week..some more range ..Bla Bla..

I cannot trade... No server..!!!!!!
Markets are not Random, they are designed!
  • #229,955
  • Jul 29, 2010 11:00pm Jul 29, 2010 11:00pm
I always slute the F Asian market
  • #229,956
  • Jul 30, 2010 12:41am Jul 30, 2010 12:41am
Fridays are not too good for pure technical trading. I am going to concentrate on news today, especially US GDP. News trading should be the best choice today. If gbp/jpy retraced from present level and then again went up, I would go with a tiny long up.
  • #229,957
  • Jul 30, 2010 1:45am Jul 30, 2010 1:45am
Bear trap on the 15 min
New voice message: Why are you calling me? If I need you, I'll call you!
  • #229,958
  • Jul 30, 2010 2:05am Jul 30, 2010 2:05am
Hourly Gann Flip just going into London open.
Buying on dips should be the way to go.
Attached Image
New voice message: Why are you calling me? If I need you, I'll call you!
  • #229,959
  • Jul 30, 2010 2:42am Jul 30, 2010 2:42am
u-j just made a new yearly low... i don't know about buying the dips

Quoting KillerWhale
Hourly Gann Flip just going into London open.
Buying on dips should be the way to go.
Nihil Sine Deo.
  • #229,960
  • Jul 30, 2010 2:47am Jul 30, 2010 2:47am
Another GJ PMS session. so much danger around the euro fix times.
112 traders viewing now