Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 11576 | 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)

  • #231,501
  • Edited Sep 4, 2010 12:20am Sep 3, 2010 11:54pm | Edited Sep 4, 2010 12:20am
Quoting maanawi
Hi Shamo, do you still expect the fib%50 on the daily? you did mention it two weeks ago and I think we will get around 1.5080/22 while price under 15575
I will short to these targets..
Well Maanawi, its weekend and in weekends I always try to clear my mind from every bias so that I can start fresh in the new week to come.

Tomorrow I will study charts and will try to form my opinion for the new week. (If it is possible lol)

So far Sept has been good to me, in 3 days 260 pips gain, 60 pips lost.
I only need 1 million pips more before I can retire.
I mean retire from day time job, I'll probably trade forex till I die.

I love it and hate it sometimes but I'm addicted to it.

The only thing I see is that I have greatly improved in the 5 years that I am trading now.
And it only gets better. I'm studying the forex market more than ever and I realize that I will have to do that as long as I trade.

Shamu

And as always keep thinking positive.

I wish everyone a fabulous weekend.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #231,502
  • Sep 4, 2010 12:17am Sep 4, 2010 12:17am
Good to hear my friend yea learning never end. and yea some times hate it and some time love it same as here
but for me the best analysis is at the days off when the mind is free and no trading pressure..
i will be waiting to see your view and happy week end
Quoting KillerWhale
Well Maanawi, its weekend and in weekends I always try to clear my mind from every bias so that I can start fresh in the new week to come.

Tomorrow I will study charts and will try to form my opinion for the new week. (If it is possible lol)

So far Sept has been good to me, in 3 days 260 pips gain, 60 pips lost.
I only need 1 million pips more before I can retire.
I mean retire from day time job, I'll probably trade forex till I die.
I love it and hate it sometimes but I'm addicted to it.
The only thing I see is that I have greatly improved...
  • #231,503
  • Sep 4, 2010 3:53am Sep 4, 2010 3:53am
i am expected open gap down ~ 40-50pips to ~ 129.70/80 when market openfor buy dip to my final long destination of 132.50-134.50 before another kaboommm...

good luck and happy weekend all

g
Attached Image (click to enlarge)
Click to Enlarge Name: GJ-H4.jpg Size: 187 KB
  • #231,504
  • Sep 4, 2010 11:31am Sep 4, 2010 11:31am
http://www.bloomberg.com/news/2010-0...ifficult-.html

  • #231,505
  • Sep 4, 2010 8:09pm Sep 4, 2010 8:09pm
Quoting grashid
http://www.bloomberg.com/news/2010-0...ifficult-.html

Thanks Grashid for this article. Very interesting.
But despite this I have taken a small long in UJ. This can be a longer term trade and I will add small ones as we go down every 100 pips.
I think we will get either a huge retrace, or a total trend change if it gets down to the all time low of 79.75 in 1994.
We'll see how it goes, it is only 455 pips away.
So now I have a s/l of 600 pips and a target that is still open.

And of course the chance of intervention will grow every week.
Pressure on the Japanese Government will grow with every pip down.

Shamu
Attached Image (click to enlarge)
Click to Enlarge Name: uj monthly.jpg Size: 111 KB
New voice message: Why are you calling me? If I need you, I'll call you!
  • #231,506
  • Sep 4, 2010 8:53pm Sep 4, 2010 8:53pm
Quoting KillerWhale
Thanks Grashid for this article. Very interesting.
But despite this I have taken a small long in UJ. This can be a longer term trade and I will add small ones as we go down every 100 pips.
I think we will get either a huge retrace, or a total trend change if it gets down to the all time low of 79.75 in 1994.
We'll see how it goes, it is only 455 pips away.
So now I have a s/l of 600 pips and a target that is still open.

And of course the chance of intervention will grow every week.
Pressure on the Japanese Government will grow with every...
I'll be piling in some longs when the magical 80 is reached. Until then that's still several hundred pips in potential drawdown .
Attached Image (click to enlarge)
Click to Enlarge Name: 05092010UJW1.jpg Size: 210 KB
  • #231,507
  • Sep 4, 2010 9:31pm Sep 4, 2010 9:31pm
Quoting Eulogy
I'll be piling in some longs when the magical 80 is reached. Until then that's still several hundred pips in potential drawdown .
That's why I go with very small positions adding. Making them bigger as we go lower.
I don't want to miss the boat.
And I'm sure that boat is coming some time.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #231,508
  • Sep 4, 2010 10:22pm Sep 4, 2010 10:22pm
Quoting KillerWhale
Thanks Grashid for this article. Very interesting.
But despite this I have taken a small long in UJ. This can be a longer term trade and I will add small ones as we go down every 100 pips.
I think we will get either a huge retrace, or a total trend change if it gets down to the all time low of 79.75 in 1994.
We'll see how it goes, it is only 455 pips away.
So now I have a s/l of 600 pips and a target that is still open.

And of course the chance of intervention will grow every week.
Pressure on the Japanese Government will grow with every...
here is my view for UJ
a strong reverse level taken from the monthly chart is between 82.52 down to 82.25 ..
Attached Image (click to enlarge)
Click to Enlarge Name: UJ.jpg Size: 162 KB
  • #231,509
  • Sep 4, 2010 10:30pm Sep 4, 2010 10:30pm
Quoting maanawi
here is my view for UJ
a strong reverse level taken from the monthly chart is between 82.52 down to 82.25 ..
Maanawi,

Check dailyfx.com they favor a short term gain for pound and loss for yen.
And in my opinion they have good reasons for it.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #231,510
  • Sep 4, 2010 10:43pm Sep 4, 2010 10:43pm
Quoting KillerWhale
Maanawi,

Check dailyfx.com they favor a short term gain for pound and loss for yen.
And in my opinion they have good reasons for it.

GBP/USD:The market looks poised for a fresh drop following the latest bout of consolidation, with a lower top now confirmed by 1.5600, following the break back below 1.5370. Below 1.5370 now exposes a more meaningful drop to test next key medium-term support by the 100-Day SMA in the 1.5100 area. Ultimately, only back above 1.5700 would negate bearish bias and give reason for pause.



USD/JPY:While the market trades below the 20-Day SMAs on a close basis, the downtrend remains intact and deeper setbacks below 83.60 can not be ruled out. A close above the 20-Day SMA will be required at a minimum to offer some form of relief to downside pressures. The market has not closed above the 20-Day SMA since mid-June when the pair was trading over 90.00. A break below 83.60 will open a test of next key psychological barriers by 83.00.

  • #231,511
  • Sep 4, 2010 10:52pm Sep 4, 2010 10:52pm
Quoting maanawi
[left][color=#000000]GBP/USD:The...
This is what I read

A forceful recovery in risk-taking promises gains for the British Pound as sentiment remains the dominant catalyst of price action, with GBPUSD showing a correlation reading of 0.64 with the MSCI World Stock Index on 20-day percent change studies. However, seasonal factors may complicate the risk landscape while monetary policy will vie for attention however as the Bank of England delivers an interest rate decision.


The BoJ is in a tough position in that traders continue to seek safety amid uncertainty in the global markets, which is the leading cause of recent price action. In fact, some members want to let markets dictate price action. However, if policy makers remain on the sidelines at this week’s interest rate decision, with no mention of invention, there is a possibility that we could still see the yen weaken in the near term, not due to the central bank intervening, but on the back of a change in consumer sentiment. This scenario is very possible in that the yen has been following broader trends as of late.


New voice message: Why are you calling me? If I need you, I'll call you!
  • #231,512
  • Sep 5, 2010 3:14am Sep 5, 2010 3:14am
Quoting KillerWhale
This is what I read

A forceful recovery in risk-taking promises gains for the British Pound as

time will tell
  • #231,513
  • Sep 5, 2010 4:14am Sep 5, 2010 4:14am
Quoting maanawi
time will tell
You're right, we'll see
New voice message: Why are you calling me? If I need you, I'll call you!
  • #231,514
  • Sep 5, 2010 4:43pm Sep 5, 2010 4:43pm
Quoting grashid
i am expected open gap down ~ 40-50pips to ~ 129.70/80 when market openfor buy dip to my final long destination of 132.50-134.50 before another kaboommm...

good luck and happy weekend all

g
damm....
Attached Image (click to enlarge)
Click to Enlarge Name: gy-m15.JPG Size: 89 KB
  • #231,515
  • Sep 5, 2010 4:45pm Sep 5, 2010 4:45pm
Quoting grashid
damm....
  • #231,516
  • Sep 5, 2010 4:56pm Sep 5, 2010 4:56pm
Quoting grashid
damm....
lol
  • #231,517
  • Sep 5, 2010 5:38pm Sep 5, 2010 5:38pm
Quoting grashid
damm....
but i won't be going long, have a good week
  • #231,518
  • Sep 6, 2010 12:25am Sep 6, 2010 12:25am
Quoting naatha
Here the prog I use:
Gannzilla-v.7.9 - it`s free
http://files.mail.ru/RQ0TL4

Here the last versions & some useful books:
http://gannzilla.livejournal.com/

How do you use the Ganzilla, I found nothing about the Ganzilla on his website, and I contacted him via email and was informed he had no manual. Looks like useful astro tool!
"Look Left Think Right"
  • #231,519
  • Sep 6, 2010 1:02am Sep 6, 2010 1:02am
Gooooood Moooooorning .........

Good luck to all this week.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 86 KB
  • #231,520
  • Sep 6, 2010 3:21am Sep 6, 2010 3:21am
1hr
Attached Image (click to enlarge)
Click to Enlarge Name: 2.jpg Size: 85 KB
92 traders viewing now