M4X............ Hedging My Way To Profits!
QQE on metatrader 0 replies
QQE Gann Indicator 1 reply
qqe help 3 replies
QzFX vs. QQE 5 replies
QQE and Gann Hi Lo Indicator 3 replies
DislikedI am new to the QQE but trade GBPJPY every day so I will start to apply the indicator and give my opservation!
hope I can be of assistanceIgnored
DislikedIt looks like the Twin Brothers strategy might be in effect. Let me know if you agree. This strategy hasn't been properly tested yet, so it's recommended you only try it on demo.
http://www.forexfactory.com/showpost...&postcount=197
The 15M and 1H QQE5's are both bullish and above the Gann. We also have an up arrow on the 15M, and price is above the 1H 5sma. 1H Momentum is under zero (barely), so a TP of about 50 pips is expected. If it was above zero we might expect 75.
We're getting a little retrace right now, so that might improve the entry. Let's see how things go . . .
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DislikedHi Pips Cruiser,
Thanks for looking out for the TWINS trade !!!
As a general rule if the trade does not hit minimum 75 pips within 2 hours of entry I will exit. What we might see is QQE5 15M cross down (bear) and then QQE5 15M cross up (bull) in the same direction as QQE5 1H - 1H Momentum is about to cross 50% bullish
Let's keep testing the Twins.Ignored
DislikedAttached are the two indicators I have imported into my charts - QQE cross signals (dot) and Buy/Sell Arrow Trigger (ATR). You will need to change ATR from 14*3 to 28*2.75
All other indicators can be found in the charting package. Please read this thread below for all your answers. If you have MT4 charts you will need to go to pgs 15 - 17
http://www.forexfactory.com/showthread.php?t=45076Ignored
DislikedHi Pips Cruiser,
Thanks for looking out for the TWINS trade !!!
As a general rule if the trade does not hit minimum 75 pips within 2 hours of entry I will exit. What we might see is QQE5 15M cross down (bear) and then QQE5 15M cross up (bull) in the same direction as QQE5 1H - 1H Momentum is about to cross 50% bullish
Let's keep testing the Twins.Ignored
DislikedOn the fundamental front it was a good day for the Dow, which rose 171 points. This bolstered U/J prices, which are one side of G/J. The other side of G/J is G/U, and it hasn't been doing as well. GBP housing news is due in 1 1/2 hours, and even though expectations are low, the final result could be even lower. I think G/U price is currently reflecting that possibility. In 11 hours there is more GBP news, and this will likely tell the story of which way G/J moves during London session.
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DislikedI think it could turn out better than expected after all, because imo g/j is now due for a retracement to the 23.6 area of the last fall. 4H is bullish as well and the shorter TF's are now working themselves out.Ignored
Disliked15 min strategy short trade signal. Got in at 211.07. Personally, I see 209.95 as a good TP area because of fibs. But a pivot support area might also be nice . . . asian session S1 is at 210.33.Ignored