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-   -   How Wags Trades - TAS System (https://www.forexfactory.com/thread/1006548-how-wags-trades-tas-system)

Wags Jun 29, 2020 11:31am | Post# 261

NZDUSD worked well, NZDJPY is a bit slower than rest of NZD pairs {image}

Nice one

Yep , If i enter a setup look for a similar setup on the currency and go for that as im guaranteed to pick the slowest one lol

10QFX Jun 29, 2020 11:36am | Post# 262

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Actually I was also looking at H4 and saw the gap that has yet to be covered but I took the trade anyway with tight stop loss taking OBV m1 signal.At least I did not imagine things that is not there. But quite happy with the small loss.This EA from.my obsevation is not a good 00 bouncer unlike the G pair.
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10QFX Jun 29, 2020 11:52am | Post# 263

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This is what I normally look for Buy at support with confluence of OBV reject 200ema and sell at QM level with OBV giving confirmation.Thanks Paul for introducing this OBV with MA
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tiestobob Jun 29, 2020 1:27pm | Post# 264

{quote} I was just looking at a sell trade for EA on my strat, looks like a possible sell if this candle shows rejection from the area, Higher TF is taken into account with this H1 entry {image}
Some sorta confirmation around 1.6450 would be a good entry sell

drsa1970 Jun 29, 2020 1:37pm | Post# 265

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{quote} Nice one Yep , If i enter a setup look for a similar setup on the currency and go for that as im guaranteed to pick the slowest one lol
Nice Pinbar , Strong Resistance level(RN: 69.000) and Divergence will guarantee movement of even the slowest one as well
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Wags Jun 29, 2020 1:49pm | Post# 266

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{quote} Some sorta confirmation around 1.6450 would be a good entry sell

Kept my divergence trendlines there

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Wags Jun 29, 2020 1:54pm | Post# 267

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{quote} Nice Pinbar , Strong Resistance level(RN: 69.000) and Divergence will guarantee movement of even the slowest one as well {image}

NJ is playing games with me

Goto be 200 pip move coming soon

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Wags Jun 29, 2020 1:59pm | Post# 268

This is what I normally look for Buy at support with confluence of OBV reject 200ema and sell at QM level with OBV giving confirmation.Thanks Paul for introducing this OBV with MA {image}

Fair play mate, do us a favour can you share your results as would be very interesting

mesobhai Jun 29, 2020 8:39pm | Post# 269

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AJ Barish Divergence
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tiestobob Jun 29, 2020 11:58pm | Post# 270

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Looks like a setup forming on UC and AJ

im also very bullish on GBP

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10QFX Jun 30, 2020 2:00am | Post# 271

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Possible short. Today is the last day of the month.A lot of news is coming up.
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Wags Jun 30, 2020 2:12am | Post# 272

Looks like a setup forming on UC and AJ im also very bullish on GBP {image} {image}

A lot of AUD /NZD pairs looking ready to drop this morning

Wags Jun 30, 2020 2:15am | Post# 273

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AJ Barish Divergence {image}

Looking very bearish all round

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Wags Jun 30, 2020 3:22am | Post# 274

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CHFJPY looks good for a buy

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Wags Jun 30, 2020 9:54am | Post# 275

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This is a great looking setup, Tempted to close one of my NJ trades and enter

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ManilaSpurs Jun 30, 2020 10:09am | Post# 276

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This is a great looking setup, Tempted to close one of my NJ trades and enter {image}
Normally my OBV looks very similar to yours but not with AUDCAD. Broker Pepperstone,
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rogerha Jun 30, 2020 12:06pm | Post# 277

Just an idea here, but i have been looking at doing some coding around OBV based on some of the ideas presented here, and (for reasons I haven't yet worked out), using iOBV in MQL4 is giving me different values to using the built-in OBV indicator. Given the way that OBV calculates, could it not be influenced by the number of bars you have loaded in your chart. It is a cumulative value, so if you start from different position (for example 1000 bars back as opposed to 3000 bars back) you will inevitably get different values. Furthermore, if you look at the comparison of both of your charts, even the range on the Y-Axis is quite significantly different despite you having a similar zoom on the chart.

Thakkx Jun 30, 2020 12:06pm | Post# 278

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{quote} Normally my OBV looks very similar to yours but not with AUDCAD. Broker Pepperstone, {image}
same here
Broker - CMC
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rogerha Jun 30, 2020 1:21pm | Post# 279

Would be interesting to compare the raw volume figures. You would expect to see some difference between brokers for all of the reasons already covered, but it typically isnít usually that big of a difference

tiestobob Jul 1, 2020 12:01am | Post# 280

This is a great looking setup, Tempted to close one of my NJ trades and enter {image}
short trade ?


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