Auslanco - GBP/JPY and GBP/USD (newstrade) | Page 11634 | 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)

  • #232,661
  • Oct 20, 2010 11:03am Oct 20, 2010 11:03am
price broke above the green reverse range, now this area could hold the price above, so who follow my setup lock the short position and expect the long trip as in the attached image
Above 128.17 is bears side for this week.
Attached Image (click to enlarge)
Click to Enlarge Name: gjp.jpg Size: 167 KB
  • #232,662
  • Oct 20, 2010 12:25pm Oct 20, 2010 12:25pm
Quoting Geppy
I took this opportunity to work my way out of my longs... things just didn't materialize and I think we're gonna crash hard on this baby. USD is getting beat up again this morning, but I think it's a temporary shakeup (i.e. bull trap for all those XXXUSD buyers). I'm short Euro from 1.3940 and will short some GBP/JPY too. The rally on this pair has been pretty muted compared to the Euro and Cable ones. It seems when they rally, GBP/JPY's up-move is a struggle and when they fall it drops easily. So the line of least resistance seems down for now....

eur/usd --shorts ya it will worked out,, but when you have a top and your H&S right shoulder is roughly at 78.6 fib level,,then most of the times your C wave is shallow to 127.2 FE ,and that will sit at 1.3550/70 level.. so what we might have here is only a ABC correction that will leads us ONLY to 1.3550/70 before we might go back into bullish mode .

if prices, fall sharply, that usually signifies a correction. if they stall and fall,that is usually change of direction. so looking for stall and fall. if its gonna be significant ,it need to be atleast 3 weeks. if it stalls too much longer than that ,then it could sign of cont.--you know the crack . all hypthetical ,but worth musing over.

so back to eur..this is might the case of only a correction to 1.3550/70..

GL
  • #232,663
  • Oct 20, 2010 4:36pm Oct 20, 2010 4:36pm
Im going to be buying EurJPY @113.17-Stops 112.88-TP 113.77,114.90-Instead of GBPJPY cause Eur is stronger in overall direction etc... I will try to post a chart soon sorry
  • #232,664
  • Oct 20, 2010 5:01pm Oct 20, 2010 5:01pm
Quoting fx-gucci
eur/usd --shorts ya it will worked out,, but when you have a top and your H&S right shoulder is roughly at 78.6 fib level,,then most of the times your C wave is shallow to 127.2 FE ,and that will sit at 1.3550/70 level.. so what we might have here is only a ABC correction that will leads us ONLY to 1.3550/70 before we might go back into bullish mode .

if prices, fall sharply, that usually signifies a correction. if they stall and fall,that is usually change of direction. so looking for stall and fall. if its gonna be significant ,it need to be...
Be careful shorting EURO/USD...we will have a Triangle on 4 hr.. SEEN THE ENGULFING CANDLE ON DAILY...???

Looks like we may see 1.41 again Then sell may be..... or even 1.42xx,,,

If we go below 1.3937 then sell for 100- 150 pips...

But this thing is not going down for a while...IMO...
Markets are not Random, they are designed!
  • #232,665
  • Oct 20, 2010 5:03pm Oct 20, 2010 5:03pm
Quoting honeybhi
Count looking good so far.
I dont have faith in that count....

If it is correct...Then i have missed the Boat....

I am more focussed on Euro Pairs lately...even scalping is great in E/U...

50 - 100 pips on multiple lots is enough for the Day...
Markets are not Random, they are designed!
  • #232,666
  • Oct 20, 2010 6:22pm Oct 20, 2010 6:22pm
LMAO!!!!! Sorry! But that display I just saw over the past few mins had to be Brokers trying to stop out trades because I had no clue of direction!!The whole time
Quoting GBPJPYMaster
Im going to be buying EurJPY @113.17-Stops 112.88-TP 113.77,114.90-Instead of GBPJPY cause Eur is stronger in overall direction etc... I will try to post a chart soon sorry
  • #232,667
  • Oct 20, 2010 6:31pm Oct 20, 2010 6:31pm
is this a boj move anyone, or can we expect the retrace back to were she came from?
  • #232,668
  • Oct 20, 2010 6:35pm Oct 20, 2010 6:35pm
Quoting travpip
is this a boj move anyone, or can we expect the retrace back to were she came from?

USD rallies on Geithner comments..........
  • #232,669
  • Oct 20, 2010 6:37pm Oct 20, 2010 6:37pm
where can u find that info of course it not on FF calendar
Quoting honeybhi
USD rallies on Geithner comments..........
  • #232,670
  • Oct 20, 2010 6:45pm Oct 20, 2010 6:45pm
Expect it to rally further.

I have entered one long yesterday at 127.83
Have locked the pos now.

Lets see how far it far it goes.

Good luck to all.See u all at LO.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 007.JPG Size: 26 KB
Click to Enlarge Name: 085.jpg Size: 116 KB
  • #232,671
  • Oct 20, 2010 6:47pm Oct 20, 2010 6:47pm
Quoting GBPJPYMaster
where can u find that info of course it not on FF calendar

Google forex news.
  • #232,672
  • Oct 20, 2010 6:57pm Oct 20, 2010 6:57pm
Quoting GBPJPYMaster
where can u find that info of course it not on FF calendar
http://www.forexlive.com/category/mkt-news
  • #232,673
  • Oct 20, 2010 7:07pm Oct 20, 2010 7:07pm
thanks--guys
  • #232,674
  • Oct 20, 2010 7:38pm Oct 20, 2010 7:38pm
Quoting honeybhi
Expect it to rally further.

I have entered one long yesterday at 127.83
Have locked the pos now.

Lets see how far it far it goes.

Good luck to all.See u all at LO.
Go over and have a look at Malcolms thread. His Cable vsa analysis is showing weekly top and multiple H4 buying climax points. UJ and QE2 of course is the wildcard in this transaction but its just something to keep in mind.
  • #232,675
  • Oct 20, 2010 9:21pm Oct 20, 2010 9:21pm
I've placed my first (small) buy order on UJ. If it goes down I will add every 25 pips. We can't go down forever and I think 79.70 will be the low point before we see big retrace.

Shamu
New voice message: Why are you calling me? If I need you, I'll call you!
  • #232,676
  • Oct 20, 2010 9:50pm Oct 20, 2010 9:50pm
Quoting Raza
Be careful shorting EURO/USD...we will have a Triangle on 4 hr.. SEEN THE ENGULFING CANDLE ON DAILY...???

Looks like we may see 1.41 again Then sell may be..... or even 1.42xx,,,

If we go below 1.3937 then sell for 100- 150 pips...

But this thing is not going down for a while...IMO...
me and you r on the same page--- i dont see myself a top here ..

triangle or daily bullflag ,and if we drop further --uumm i say max 1.3550
  • #232,677
  • Oct 20, 2010 10:37pm Oct 20, 2010 10:37pm
Quoting fx-gucci
me and you r on the same page--- i dont see myself a top here ..

triangle or daily bullflag ,and if we drop further --uumm i say max 1.3550
Yes...... 1.35 will happen sooner or later..IMO...
Markets are not Random, they are designed!
  • #232,678
  • Oct 21, 2010 12:33am Oct 21, 2010 12:33am
I am going to Buy it at 127.32... stop 20 pips...

I should not... cause we had daily close at 128. very Bearish.... but this

could be a Trap too.. I may be wrong in Both...U/CAD and G/J... both

may go opposite to what I think long term!! lets see
Markets are not Random, they are designed!
  • #232,679
  • Oct 21, 2010 2:11am Oct 21, 2010 2:11am
Daily.
Attached Image (click to enlarge)
Click to Enlarge Name: 20.jpg Size: 128 KB
  • #232,680
  • Oct 21, 2010 3:37am Oct 21, 2010 3:37am
Quoting honeybhi
Daily.
seem kissed the ltl on your daily
well now the last chance for another long else a free fall
if its break the low of today i will exist my long
Attached Image (click to enlarge)
Click to Enlarge Name: gjoo.gif Size: 41 KB
91 traders viewing now