Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 11549 | 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)

  • #230,961
  • Aug 23, 2010 9:02pm Aug 23, 2010 9:02pm
Damn, i didn't even see this until now coz it was buried in the minor section on Bloomies

Fed Loses Bid for Review of Bailout Disclosure Ruling
http://noir.bloomberg.com/apps/news?...d=aZ1VjaDY0d04

Who wants to bid the next thing they try is to lobby for an executive presidential order to continue their non-disclosure on the basis of ......ummm...... Islamic extremist penguin camps in Antarctica..... yeah that'll fly.
  • #230,962
  • Aug 23, 2010 9:10pm Aug 23, 2010 9:10pm
Quoting Mr.Elliott
on my M15 chart are showing sellers are still in control...may i know why you starts adding long to your position....thanks in advance for answering my question....
If u had read my previous post u can see i'am bullish biased .Here is a daily.131.25 area is a major support area.
Attached Image (click to enlarge)
Click to Enlarge Name: 5.jpg Size: 78 KB
  • #230,963
  • Aug 23, 2010 9:28pm Aug 23, 2010 9:28pm
Quoting honeybhi
If u had read my previous post u can see i'am bullish biased .Here is a daily.131.25 area is a major support area.
I agree with you and trying a long here too. stop 130.50
Attached Image (click to enlarge)
Click to Enlarge Name: gj 08-23 4 h.gif Size: 38 KB
New voice message: Why are you calling me? If I need you, I'll call you!
  • #230,964
  • Aug 23, 2010 9:28pm Aug 23, 2010 9:28pm
Quoting honeybhi
If u had read my previous post u can see i'am bullish biased .Here is a daily.131.25 area is a major support area.
i can see that...but how sure that you would think that 131.25 (as you assumed the major support) would hold if you look on the lower TF...there are no buyer/buyer is not strong enough to overcome the supply....the major support would be breech any moments
honestly saying....i think we all (include me) have been doing prediction to much...like some people would say GBP/JPY would go to 134-136-140 but still now we're at 131.26 how far is that?
but as always i could be wrong....nowdays...i do less predicting but go with the trend...i could care less where it would go...as long as i'm in it.anyways just my 2 cents....good luck and green pips for all of us....
  • #230,965
  • Aug 23, 2010 11:23pm Aug 23, 2010 11:23pm
Wow, I got away with 20 pips with my long.
Next stop is probably 130.82 or so. That would be a nice place to take a long again.

Shamu
New voice message: Why are you calling me? If I need you, I'll call you!
  • #230,966
  • Aug 23, 2010 11:26pm Aug 23, 2010 11:26pm
yesterday's candle had an unusually large volume. very interesting to see what's next -
Attached Image (click to enlarge)
Click to Enlarge Name: gj-d.gif Size: 30 KB
Nihil Sine Deo.
  • #230,967
  • Edited 11:52pm Aug 23, 2010 11:37pm | Edited 11:52pm
Quoting KillerWhale
Wow, I got away with 20 pips with my long.
Next stop is probably 130.82 or so. That would be a nice place to take a long again.

Shamu
Might be a tad early at 130.82 ... not the most useful chart (although look at the hugging of the downtrendline!), but am posting for the supps/fibs in the lower right of the chart: 130.5-130.7 is a confluence/support area, and given the PA, it could well be the lower range of that - looks like it will be part of our frankie fakeout or FTSE start festivities!

EDIT: Just noticing 130.5 will be that main blue TL in the chart 3 posts down.
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-08-24_003204.png Size: 25 KB
  • #230,968
  • Aug 23, 2010 11:39pm Aug 23, 2010 11:39pm
Quoting maanawi
I just notice that 17 candles on 4H tried to break down 133.23 area and every time bounce back up, now 4Hs candles broke the level for the second time and we start to see tails at 133.23 ..
so my view is bears handling until H4 close above 133.23 again and price may visit 130.**
Keep eye on the level and on the Daily LTL
http://cdn.forexfactory.com/attachme...1&d=1282528785
GJ Holding in bears side ..
GU fall already in the bears trap as well
good luck
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 19 KB
  • #230,969
  • Aug 23, 2010 11:41pm Aug 23, 2010 11:41pm
Quoting naatha
151m - shakeout at NY open
Hi My dear Naatha

no no no that is wrong ... What kind of 5 wave Correction have with Behind Meaning ... Not Accepted .. 1st wave never touch The wave 4.... But The thought change in TG angle
Attached Image
DRAGON-TECHNICAL ANALYSIS!
  • #230,970
  • Aug 23, 2010 11:41pm Aug 23, 2010 11:41pm
Quoting Scrat
yesterday's candle had an unusually large volume. very interesting to see what's next -
Hey Scrat, I checked 3 brokers and I don't see 2x the volume as of Monday/yesterday - maybe your broker changed or added liquidity providers to kick off the week?

P.S. - Wow, just noticing, UJ testing prev low 84.85 ... time to say bye-bye there too ... soon! I'm pretty certain buyers are shying away - VSA doesn't show them at the table, and there's only 10 min to go on the H1 candle! Do you think they expect lower prices?!?
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-08-24_004443.png Size: 32 KB
  • #230,971
  • Aug 23, 2010 11:45pm Aug 23, 2010 11:45pm
Quoting Scrat
yesterday's candle had an unusually large volume. very interesting to see what's next -
Hi Scrat, do you expect bears rally on GU?
  • #230,972
  • Aug 23, 2010 11:47pm Aug 23, 2010 11:47pm
Quoting naatha
OK. My positions are closed.
Ps: Selling Climax
here is also Big no no

Wave 4 can never overlap Wave 1 (i.e., cross into the same price area).
Attached Image
DRAGON-TECHNICAL ANALYSIS!
  • #230,973
  • Aug 23, 2010 11:57pm Aug 23, 2010 11:57pm
and here's u-j daily chart for you. buying already happened but that doesn't mean we're going to see a rally yet. i need to see a confirmation.

i use fxcm data feed (through ensign). seems to be similar to g-j...

Quoting Beljevina
Hey Scrat, I checked 3 brokers and I don't see 2x the volume as of Monday/yesterday - maybe your broker changed or added liquidity providers to kick off the week?

P.S. - Wow, just noticing, UJ testing prev low 84.85 ... time to say bye-bye there too ... soon! I'm pretty certain buyers are shying away - VSA doesn't show them at the table, and there's only 10 min to go on the H1 candle! Do you think they expect lower prices?!?
Attached Image (click to enlarge)
Click to Enlarge Name: uj-d.gif Size: 29 KB
Nihil Sine Deo.
  • #230,974
  • Aug 24, 2010 12:01am Aug 24, 2010 12:01am
Quoting vincy balboa
here is also Big no no

Wave 4 can never overlap Wave 1 (i.e., cross into the same price area).
I know Vincy...but thats how he does it...

But G/U vincy on Bigger TFs ... it looks like we have not seen the High yet 1.5998 was not a High in my stupid Opinion...

We may see Wave#5 UP on 4 hr as an ABC.. WHICH SHOULD TAKE OUT THE LAST HIGH... INVALIDATE THIS IF WE BELOW 153.35...

I have seen your C Failure for G/U.... BUT I am seeing it as IRREGULAR Correction...
Markets are not Random, they are designed!
  • #230,975
  • Aug 24, 2010 12:03am Aug 24, 2010 12:03am
bears front 2 options the lower TL and reverse or to continue to 125.55.
what do you guys think about the attached setup?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GJ1.jpg Size: 169 KB
Click to Enlarge Name: gj2.gif Size: 24 KB
  • #230,976
  • Aug 24, 2010 12:07am Aug 24, 2010 12:07am
Quoting Raza
I know Vincy...but thats how he does it...

But G/U vincy on Bigger TFs ... it looks like we have not seen the High yet 1.5998 was not a High in my stupid Opinion...

We may see Wave#5 UP on 4 hr as an ABC.. WHICH SHOULD TAKE OUT THE LAST HIGH... INVALIDATE THIS IF WE BELOW 153.35...

I have seen your C Failure for G/U.... BUT I am seeing it as IRREGULAR Correction...
Becareful with longs bro
  • #230,977
  • Aug 24, 2010 12:10am Aug 24, 2010 12:10am
Quoting Scrat
and here's u-j daily chart for you. buying already happened but that doesn't mean we're going to see a rally yet. i need to see a confirmation.

i use fxcm data feed (through ensign). seems to be similar to g-j...
Just trying to be critically helpful, but I don't think those volumes are accurate - in relative terms - as of yesterday. I'd be pretty certain the broker pulled some changes ... on a daily UJ, I'm seeing about 94K daily volumes max going back to last week of June chart. vs. 27K/36K. Just sayin, don't let what might be VSA based on potentially wrong volumes skew anything for you. Check your demo accounts, and, if things are inconsistent, the FXCM ones are probably squirrelly.
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-08-24_010803.png Size: 24 KB
  • #230,978
  • Aug 24, 2010 12:13am Aug 24, 2010 12:13am
Quoting maanawi
bears front 2 options the lower TL and reverse or to continue to 125.55.
what do you guys think about the attached setup?
I wouldn't mind a drop to 125s but i wanna see a solid hit to 130 first.
  • #230,979
  • Aug 24, 2010 12:13am Aug 24, 2010 12:13am
Quoting maanawi
bears front 2 options the lower TL and reverse or to continue to 125.55.
what do you guys think about the attached setup?
Works fine for me (and I'd like to see it) BUT it will happen if 1) UJ takes/drives us and the yens there and 2) we start seeing more carnage on world equity markets, meaning risk gets more and more out of fashion - those are the 2 main drivers to most pairs today.
  • #230,980
  • Aug 24, 2010 12:34am Aug 24, 2010 12:34am
.....here's how my simple mind will be playing this today:

 

  1. Asia has given us momentum to the downside with moves we do not normally see during the session.
  2. THE REST OF THE WORLD HASN'T WOKEN UP YET.
  3. We have not had a selling blow-off yet.
  4. UJ has flirted with support, but as yet no impetus to properly test it.
  5. Bearish momentum playing out nicely, but isn't finished.

Longs aren't just risky, they're unnecessary.

Staying short bias for the forseeable.

30 traders viewing now