For MT4 platform, just right click on the chart and choose save as picture..then manage attachments,browse, attach...
Current price is 216.04
1Hr 100sma = 216.80
Daily 5sma = 214.80 – 215.00
Daily Pivot = 215.20
QQE5 4HR = British bulls (crossed up). Price above Gann HiLo (bulls)
QQE5 1HR = British bulls (crossed up and cross 50). Price above Gann HiLo (bulls). Buy Trigger at 215.91
QQE5 15M = British bulls (crossed up and cross 50). Buy Trigger at 215.30
All Signals aligned. Wait to enter on pull backs.
El_gato, Are you still long from 215.31 ? When are you going to profit ?
Your QQE5 15M entry was perfectly timed.
In the 15M chart it looks like QQE5 is starting to turn down from 217.00 (Jap bears).
Got 100 point @ 216.31 (TP Hit).
Good news for GBP (Halifax House Price Index m/m, Act 1.3%) give GJ & GU more power to go up ..
Current Price 216.65
QQE5 15M (Jap Bears) looking stronger. Could drop below 216.00. Keep your eyes open for QQE5 1HR.
QQE5 15M Sell Triggered
Current Price 216.41
QQE 15M Sell Trigger on.
However Price is above Daily Pivot and Daily 5sma. No trade (unless you want to scalp - best to wait for QQE5 15 cross below 50)
Could just be a trip to the 4H 5sma sitting at 215.81
Great point Ssotiro !! The 5sma is the retracement "true price", as Aus would say.
If price does move down to 215.81 wait for QQE5 15M to cross up again (british bulls) if you are looking to go LONG with the QQE5 4H. Price will be above Daily Pivot and Daily 5sma.
This 5sma and momentum have been a revelation to me.
I cannot thank Auslanco enough for this method of trading.
waiting for an entry
I am trading this system 15 min and 1/4h so I'm pleased you've opened this thread. The old thread seems to cover lots of different things now.
I am waiting for an entry too.
I've not pulled the trigger at all today, but am hoping for a long signal after a retracement to the 4h 5sma.
I won't be looking for a short until the 4hr crosses back and confirms below the gann.
My experience of using this system is that it keeps me OUT of lots of trades that i am tempted to go with.. and often i am kicking myself for missing opportunities.
However, when it does set up, and i stick to the system, it seems to work...
15minute qqe crossing down now... which is good as it means it can cross back up and give me a trade sometime reasonably soon..
Awesome - another QQE Trader !! Looking forward to learn from you mjolimer !
I agree 100% with you. Unfortunately it is nearly midnight here in Sydney so i might miss the QQE5 15M cross up. Good luck.
Current price is 216.32
QQE5 1H looks like it is crossing down (Jap bears). QQE5 15M is about to cross down pass 50% (Jap bears).
Key price point is on the 1H chart: the Gann HiLo price is around 215.70. If price continues to fall to around 215.70 we will also be below the 1H 100SMA. BEAR territory !!!! Be careful.
Auslanco-gbp/jpy Strength Indicators
Try these links fxtrader06. I hope it works for you
News tonight on USD may effect GJ, just wait and see..:-)
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