Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 11504 | 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)

  • #230,061
  • Aug 2, 2010 5:32am Aug 2, 2010 5:32am
Quoting Raza
My first Short (scalp intraday)

1.5826...second 1.5846...

Stop above 1.5930...

This could be very rewarding....lets see...

What you guys think.....
GU is screaming short, but I suspect we'll see a pop up once NY get to their desks.
As many here often say, charts don't lie and GU will have a significant retrace soon enough.

PS. I've been adding small GU shorts since last week.
  • #230,062
  • Aug 2, 2010 5:35am Aug 2, 2010 5:35am
Quoting gucci
HERE IS THE AUD/USD...

wave count is not that important if you know your supp/ress levels..
so sell @0.9160 area , and swing trade it to 0.77 first target --low 60's second

enjoy..
Agree GUCC...

Even if it is for few hundred pips...then see whats developing...

Common Guys....

Leave him alone...No one is right all the time...
Markets are not Random, they are designed!
  • #230,063
  • Aug 2, 2010 5:42am Aug 2, 2010 5:42am
Quoting grashid
mm..atleast i can saw one of the monkey is still dancing overhere...
no base at all....i think it should come for 9th consecutive row after this...

just check 100 std lotX10 position who bought GY.......down? when i wanna c ur number?...am bored to keep waiting while my pips is getting heavy n heavy dude...
good job gras....
  • #230,064
  • Aug 2, 2010 5:42am Aug 2, 2010 5:42am
Quoting ukdaytrader
GU is screaming short, but I suspect we'll see a pop up once NY get to their desks.
As many here often say, charts don't lie and GU will have a significant retrace soon enough.

PS. I've been adding small GU shorts since last week.
Risk is low on this kinda trade from this level.....no matter where it goes 159 -- 160 ..

It will come down to 1.58 area at least once to let you Break even....IMO..

Bearish Divergence is present as well..
Markets are not Random, they are designed!
  • #230,065
  • Aug 2, 2010 5:54am Aug 2, 2010 5:54am
Quoting Raza
Risk is low on this kinda trade from this level.....no matter where it goes 159 -- 160 ..

It will come down to 1.58 area at least once to let you Break even....IMO..

Bearish Divergence is present as well..

The bearish divergence on the Daily is considerable now. Just a matter of time.
  • #230,066
  • Aug 2, 2010 5:55am Aug 2, 2010 5:55am
Quoting gucci
HERE IS THE AUD/USD...

wave count is not that important if you know your supp/ress levels..
so sell @0.9160 area , and swing trade it to 0.77 first target --low 60's second

enjoy..
Why dont you make your wave#1 equal to wave#5 .. same lenght..

It should be in 0.91 ish.. It would be a very nice entry without losing pips...
Markets are not Random, they are designed!
  • #230,067
  • Aug 2, 2010 6:05am Aug 2, 2010 6:05am
gbp/jpy

building a top here..
break below 135.80 ,open the doors to first untested supp @ 133.30 ,then below that will you get buyers waiting at 131.65 (expect a bounce on these 2 levels.. if you decide to long scalping !! then do it on 133.30 and 131.65 ..
Attached Image (click to enlarge)
Click to Enlarge Name: gy89.jpg Size: 102 KB
  • #230,068
  • Aug 2, 2010 6:06am Aug 2, 2010 6:06am
Gents, and ladies, if present, I think language and choice of wording is what fails GUCC. I would also venture that the man is not a scalper, but more a swing trader looking for setups that can run from several weeks to months.

I do not agree with all of his calls - and to be fair to him, he is not posting the plethora that he once did - but some of his calls, I see some merit in. And let us not forget, a lot of posts on the FF threads are for 10 and 20 pip plays - often gone before a trader reads that particular post... of absolutely no benefit to anyone. Other very senior traders on FF make calls that are completely wrong, no matter the conviction - so yes, GUCC needs a little space, too.

He likes his 76.4 fib levels and wedges... I see nothing wrong in that, as a lot of traders like different setups. Indeed, as a percentage of visitors to this thread, and others, he belongs in the few percent that actually try to contribute. Rightly or wrongly.

Perhaps people should understand that some of his calls require large SLs - and lots of people trade this way, and not the 10 and 20 pip SL on Cable that see your account blown away very quickly.

GUCC, try to present a little less excitedly - that is, no from the bottom of my heart, believe me, etcetera. For example, it would be better to say 'I think, based on this chart, that price may see this level.' Not, 'Price is gonna smack this level, no doubting it.' That is what riles people, and invites attack against you.

As for those that criticize you, well, yes, I cannot think of an instance when you instigated an attack on anyone, but I may be wrong.

Quoting Raza
Agree GUCC...

Even if it is for few hundred pips...then see whats developing...

Common Guys....

Leave him alone...No one is right all the time...
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #230,069
  • Aug 2, 2010 6:07am Aug 2, 2010 6:07am
right after the 10am news hits, bernake could make things quite whippy, even though most of the world knows when his lips are moving he is lying.
  • #230,070
  • Aug 2, 2010 6:22am Aug 2, 2010 6:22am
Quoting Raza
Agree GUCC...

Even if it is for few hundred pips...then see whats developing...
I don't see this falling down unless for a brief correction. The pair is nicely bouncing off the monthly 50 ema and stochastic pointing up with the new monthly bar. I wouldn't be surprise if the price moves towards 1.100 within the next 3-6 monthly bars. Just my two cents.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd1.jpg Size: 119 KB
  • #230,071
  • Aug 2, 2010 6:28am Aug 2, 2010 6:28am
Quoting 45Condor
Gents, and ladies, if present, I think language and choice of wording is what fails GUCC. I would also venture that the man is not a scalper, but more a swing trader looking for setups that can run from several weeks to months.

I do not agree with all of his calls - and to be fair to him, he is not posting the plethora that he once did - but some of his calls, I see some merit in. And let us not forget, a lot of posts on the FF threads are for 10 and 20 pip plays - often gone before a trader reads that particular post... of absolutely no benefit...

thnx for that,,,if i could say that,i would have done so a long time ago!
  • #230,072
  • Aug 2, 2010 6:41am Aug 2, 2010 6:41am
Quoting gucci

i never ever say any comments when mr piter posts inaccurate tech view.. etc .

btw ---- form my bottom of my heart ,here is for all of you an entry on aud/usd . A SWING TRADE
mate..

try to fix your attention disorder on some other place..
mind your business ..and enjoy your pips.. w/c to ig
  • #230,073
  • Aug 2, 2010 7:02am Aug 2, 2010 7:02am
And the way things are looking 1.0 is almost a sure thing. Things are looking way better in AU than the USA. And as always the chart says it all. History has a way of repeating itself my uncle always said. And AUD/USD sure looks to be on the way up.

Quoting senaka
I don't see this falling down unless for a brief correction. The pair is nicely bouncing off the monthly 50 ema and stochastic pointing up with the new monthly bar. I wouldn't be surprise if the price moves towards 1.100 within the next 3-6 monthly bars. Just my two cents.
  • #230,074
  • Edited 7:06am Aug 2, 2010 7:05am | Edited 7:06am
Piters? I got a few shorts and a long, I was hoping to scalp a few on these 2 shorts before the news hits. Guppy should continue her next leg up this month. of course if G/U tanks it could delay guppy, and even with a GU correction in the cards, I still lay LT for the GU is up up up.
  • #230,075
  • Aug 2, 2010 7:26am Aug 2, 2010 7:26am
Quoting rrram2
And the way things are looking 1.0 is almost a sure thing. Things are looking way better in AU than the USA. And as always the chart says it all. History has a way of repeating itself my uncle always said. And AUD/USD sure looks to be on the way up.
The ground situation in Australia is no better than the U.S, IMO. The Inflation is sky rocketing and housing market is gradually starting to fall. However the Aussie dollar & the Canadian Dollar will keep rising for sometime to come since there's is no sign of slowing down of China & India's hunger for the aussie and canadian natural resources. Right now whats happening in Australia is the market manipulation at it's peak in regards to the commodity prices, Interest rates, Housing Market & Aussie dollar , just like we saw back in 2006 in the US just before the market crash. We shall patiently wait and see the aussie market crash & burn within the next few years.
  • #230,076
  • Aug 2, 2010 7:39am Aug 2, 2010 7:39am
Quoting wormboy
Anyway, I've just sold the pair & will keep the position opened as long as price does not clear the desc utl & w1 pvp. If it clears cleanly then I will reverse the trade.
Trade's emergency stop placed @137.2

Attached chart below shows trade taken from the same working chart we used last week.

Okay good luck everyone
Well I lost this trade after being stopped out.
My position is now flat. Price is currently retesting previous week's resistance so I'm waiting to see how price reacts here before trading again.

Hope everyone has a great day. Good luck!
Thank You
  • #230,077
  • Aug 2, 2010 7:41am Aug 2, 2010 7:41am
Quoting Raza
Who is WE???

You on This Thread lately....Whats Going ON ??? maman..
I like the company here. Better analysis & much lesser noise than the cable thread. Can't i post here ?
Thank You
  • #230,078
  • Aug 2, 2010 7:45am Aug 2, 2010 7:45am
Quoting wormboy
I like the company here. Better analysis & much lesser noise than the cable thread. Can't i post here ?
"You'll never be alone".
Yes, testing weekly R 137.30 now. Going to see how she dancing like a queen there.
Attached Image (click to enlarge)
Click to Enlarge Name: L01b.jpg Size: 29 KB
  • #230,079
  • Aug 2, 2010 7:49am Aug 2, 2010 7:49am
Quoting wormboy
Well I lost this trade after being stopped out.
My position is now flat. Price is currently retesting previous week's resistance so I'm waiting to see how price reacts here before trading again.

Hope everyone has a great day. Good luck!
Longer term trade this......

Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 20 KB


If I were flat right now, (which i'm not), I would be loading up shorts here.
  • #230,080
  • Aug 2, 2010 7:52am Aug 2, 2010 7:52am
Quoting special0nefx
"You'll never be alone".
Yes, testing weekly R 137.30 now. Going to see how she dancing like a queen there.
Thank You
266 traders viewing now