Improved entry — Hey Folks, I have been studying the 1hr/4hr Auslanco strategy and have noticed that price VERY often draws back to the 5sma on the hourly. This often provides a better price and reduces the stoploss. Anyone else played with ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Piters just demonstrated why he is a successful trader: "Close the platform, walk away". Very light volume, day before Holy Day, all adds up to either false breakouts or a lot of wasted time. Enjoy the day, remember the season and be back next week ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Most likely snoozing until rate decision in the AM...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I'm with you Hadleyma in waiting for the 4hr signal. Obviously, the next hour will probably produce the Q cross but the next 4hr bar will have to give us the Gann cross signal... I have been watching very closely the retracement on the 1hr chart to ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Thanks Pip. I know you're right, but any trader worth his salt can use the awesome analysis found here to stay out of trouble when the ranging times come. I'm gonna go bug Karmo some...!

Auslanco - GBP/JPY and GBP/USD (newstrade)

Pure Auslanco? — Hey Folks, After reading through the last few months of pages, I can't really tell if anyone is trading pure Auslanco. I find some brilliant analysis, but I am a bit surprised that Aus entries/exits are not discussed much. ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Though I'm no good at trading this long term, these levels might be kept in mind...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Hey Cullian, would you mind checking the post number again?! Thanks!

Auslanco - GBP/JPY and GBP/USD (newstrade)

OK Cullian et al... Is this the Head and Shoulders you're talking about? Would you mind posting a chart showing the channel both you and UKdaytrader were referring to?

Auslanco - GBP/JPY and GBP/USD (newstrade)

Why stop here?! — Folks, is there any *logic* to the level that the GJ has stopped? I have looked at fib projections, pivots, Demark and trendlines and can't really come up with anything...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Demark projection from upper trendline break agrees with Pivot...now we wait...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Piters, et al...is the 15m too close a timeframe to watch for the GJ? Is this retracement (got about 20 pips off it!) significant?

Auslanco - GBP/JPY and GBP/USD (newstrade)

...he hits like a girl...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Holy crap...

Auslanco - GBP/JPY and GBP/USD (newstrade)

...I didn't know there WAS a EUR/NZD...!

Auslanco - GBP/JPY and GBP/USD (newstrade)

OK...so while things are a bit slow here, how many folks use the Aus 15 and hourly method? I've done a ton of reconciling this thread with actual trades and lately I don't read much about Aus entries... Just trying to keep learning...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Karmo, using a the Aus 15m strategy (Gann/Q)? Agree on continuation...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I have to admit I rarely have the confidence to reenter on a drawback...I assume you would use a fib level to reenter? What are you thinking Karmo?!

Auslanco - GBP/JPY and GBP/USD (newstrade)

You know, Obadiah, every time I wait because the 1hr Q is too high, I miss a good run! Hard to determine!

Auslanco - GBP/JPY and GBP/USD (newstrade)

So, just to be clear, Aus system signalled a long at 4:00 GMT and had a 100 pip stopout?

Auslanco - GBP/JPY and GBP/USD (newstrade)