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DislikedYou may find that system called Level stop Reverse on the very first post which you can download to your VT.Ignored
Auslanco 15min GBP/JPY startegy 630 replies
Auslanco-GBP/JPY Strength Indicator strategy 344 replies
My MT4 indicators for Auslanco's strategy 92 replies
Auslanco 15 minute Strategy Oanda FXManager Updates.. 62 replies
Questions About Auslanco's Trades 72 replies
DislikedYou may find that system called Level stop Reverse on the very first post which you can download to your VT.Ignored
DislikedCorrect me if I'm way off in quoting you...
acouple week ago you mentioned you were a trend trader and would seek larger moves with numbers of pips ranging in the 200 - 300+ per trade and might only find 5 - 8 of these per month with this pair.
Did we just experience several of 'those months' all wrapped up in a few short weeks.
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DislikedHi Auslanco,
237.70 is the lowest this pair reached during this downfall. Will this number be of any significance in terms of support as it goes down.
ThanksIgnored
DislikedYes!
You probably have your chart set to the "ask" price.
I have mine set to the "bid" price.
23760, there was probably a 10 pip spread at the time.
That price was last weeks low. If it breaks below that price, it could continue down.Ignored
DislikedYou may find that system called Level stop Reverse on the very first post which you can download to your VT.Ignored
DislikedHi Aus,
Do you have a method with your system for determining if it is safe to enter a trade once the market has already started its trend and has perhaps been going for a while.
For example do you wait for a pullback on the 5m chart and then a resumption of the trend.
There seem to be lots of times when I, and I am sure others, turn on our pc's only to see that a good move has already started and we're left wondering if it is about to end or should we just jump in and cross our fingers.
Regards
MikeIgnored
Disliked...and just to make things a little more annoying for you...: I have the Level Stop and Reverse on my charts but are you able to give a brief explanation of what it is doing? And what the alarm is signalling.
Thanks
MikeIgnored
DislikedI can totally see what you mean about oversold, Aus. I mean, taking 4 hours for example, it looks absolutely inevitable that there will imminently be a massive correction upwards .
What I find puzzling, though, is that when I look at longer-term charts, it just doesn't look like it's going to rise... rather the opposite.Ignored
Dislikedcould you help me on this one? using mt4 but can't seem to find this indicator....does it have it?Ignored
Dislikedhope you guys enterd long for the 15 min retraco.
I'm Long from
238.40
TP 240
SL 237.79Ignored