Not in my opinion. Although it might pay off on this occasion and you could get in at the top, you would surely get burnt sooner or later using this flimsy strategy. I might consider going short if there was a 15m Auslanco signal to confirm it.

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

'The Silent Collapse' - Bob Prechter — Here's one for Markam: url

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

I've had a snoop around the various forums and it seems (as others have already established) that the Sunday candle distorts the daily indicators. The only way around it is to change broker to one that does not do Sunday candles or at least gives ...

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

I've been trading gbpjpy using the Auslanco 15m strategy. It's very much an intraday system so it isn't for everyone. One thing that could definitely be incorporated into SIMPLE is the 'momentum' indicator for confluence when we have a three bar ...

Simple Daily System

MT4 daily 50MA - 235.75 4H 200MA - 235.50 4H 100MA - 236.71

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

I just checked another platform, Streamster from Marketiva and the 100SMA supports the VT 100SMA - around 238.90. What is up with that?

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

It's finally stepped out from that wedge we've been in the last 10 hours or so to the down side. I may consider an Aus 15 signal short even though price is well above the 1h 100ma. VT is showing mixed momentum today, although the 10C is pointing up, ...

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

I just checked a couple of the platforms I use and MT4 was the same as yours M2b, but the VT one was 238.9, same as 4x4. I use MT4 primarily for S&R levels and VT for the Aus signals so I hadn't noticed. I'm inclined to trust the results of the NF ...

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

1C, 10C and 14C all pointing up on the daily momentum charts with VT (VTdemo.fxserver) and we've had a very bullish day so far. How is it shaking things up?

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

From ActionForex:

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

It's not so much about what they do, it's about what people expect them to do. It is generally expected (>90% consensus) that the fed will cut the interest rate by one quarter of a percentage point(4.75 to 4.5), I think this is already priced into ...

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

Huge gains for gold today, yet all of the major international market indices also gained significantly. Is this not a contradiction? Ceteris paribus, shouldn't gold and general international economic strength (aside from major gold exporters ie. ...

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

I just got a 15m short signal on VT. Anyone else? I've decided against entering for the moment though 1. because of Aus's rule of 0400-1600GMT, and 2. it dropped about 40 pips within a minute and came to an abrupt halt at 233.63, a significant level ...

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

Here you go pal, someone posted it here the other day. Just add it into your mt4 indicators (pm me if you're not sure how to do this), restart mt4 and when you next draw a fib the price should be shown.

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

What a great day, my best yet since using the Aus systems! Hauled over 200 pips using Aus 15m strategy for entry, and pivot points, trend lines, fibo levels, plus those fantastic MA's for SL and TP. Man, I love this thread.

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

I knew it was missing something!

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

Same, but at 0100 it intersected the mt4 custom pivot point at 231.51, which I am using for this session. I'm not sure why it is but it is pretty amazing. Must be a simple explanation. Shame the Nobel prize has already been awarded.

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

The standard mt4 one doesn't have the histogram on it for some reason. This one does:

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

I'm still with it Chris, just been focusing on a more active strategy lately. I guess people just got bored of it. Sad really cause I reckon it's got legs. Turns out it's not entirely revolutionary after all: Read more with some graphical ...

Simple Daily System

Just closed my short for a meagre profit as it bounced off this trend line which has been significant the last few days. This could provide an opportunity to get in at a better price if/when the drop that the daily momentum suggests occurs. Listen ...

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