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

  • #3,161
  • Aug 2, 2007 12:02pm Aug 2, 2007 12:02pm
something very strange on my Vt 1H momentum still pointing down, but on my MT pointing up, is anyone expriencing the same thing??
  • #3,162
  • Aug 2, 2007 12:02pm Aug 2, 2007 12:02pm
Quoting xlr8
That is so true....maybe we should have a knowledge management database somewhere so folks can just look up for certain items for eg. info on a trading method and the common questions that ppl ask.
Even with a knowledge database, people will still ask "long or short?" or "what is a pin bar?' They like quick answers and never take the time to research on their own or even to look at older posts in the same forum!

I tried being straightforward in pointing this out several posts ago and somebody told me, "why don't you be just nice and answer the question?"

Oh well....
  • #3,163
  • Aug 2, 2007 12:02pm Aug 2, 2007 12:02pm
Quoting xlr8
Thanks K.

Aus did mention it the first I joined the daily G/Y thread. I should have written it down. I think that if the indicators are pointing down in the 1 hr timeframe but in the 4hr timeframe the indicators are pointing up, when the price reaches the 5sma in the 1hr chart then that means that is the time to enter another long.

Confusing ......any comment people?
Do you know what are those indicators he mentioned?
  • #3,164
  • Aug 2, 2007 12:03pm Aug 2, 2007 12:03pm
Quoting ovidiu
something very strange on my Vt 1H momentum still pointing down, but on my MT pointing up, is anyone expriencing the same thing??
My VT is pointing up. What are your settings?
  • #3,165
  • Aug 2, 2007 12:06pm Aug 2, 2007 12:06pm
Quoting magiclino
Even with a knowledge database, people will still ask "long or short?" or "what is a pin bar?' They like quick answers and never take the time to research on their own or even to look at older posts in the same forum!

I tried being straightforward in pointing this out several posts ago and somebody told me, "why don't you be just nice and answer the question?"

Oh well....
You got that right!!

We cant simply go in to a thread 'unarmed'. Its best to read and learn so that when ppl start explaining about their system, we understand what they are talking about....
  • #3,166
  • Aug 2, 2007 12:07pm Aug 2, 2007 12:07pm
Quoting magiclino
My VT is pointing up. What are your settings?
10,C; that might mean that 30min 5SMA might be the point that price has retraced and now it will start going up again, as K said earlier
  • #3,167
  • Aug 2, 2007 12:09pm Aug 2, 2007 12:09pm
Quoting trader8686
Do you know what are those indicators he mentioned?
Im using MT4, its slightly different from AUS settings. I cant set it up 100% exactly as AUS's in MT4. I think the indicators are like....

RSI 14
SMA5
MACD
PAR SAR (in MT4)
Momentum 10 (in MT4)
  • #3,168
  • Aug 2, 2007 12:11pm Aug 2, 2007 12:11pm
Quoting xlr8
Im using MT4, its slightly different from AUS settings. I cant set it up 100% exactly as AUS's in MT4. I think the indicators are like....

RSI 14
SMA5
MACD
PAR SAR (in MT4)
Momentum 10 (in MT4)
and Absolute strenght with default settings
Attached File(s)
File Type: mq4 AbsoluteStrength_v1[1].1july 30..1.mq4   6 KB | 353 downloads
  • #3,169
  • Aug 2, 2007 12:12pm Aug 2, 2007 12:12pm
Quoting ovidiu
10,C; that might mean that 30min 5SMA might be the point that price has retraced and now it will start going up again, as K said earlier
I also have 10,C. It's still pointing up.
  • #3,170
  • Aug 2, 2007 12:14pm Aug 2, 2007 12:14pm
Quoting ovidiu
and Absolute strenght with default settings
Ovidiu, thats for MT4?
  • #3,171
  • Aug 2, 2007 12:19pm Aug 2, 2007 12:19pm
Quoting ovidiu
and Absolute strenght with default settings
Got it, and thanks.
Did you input your order, yet? It just got hit 1H at 5SMA at 242.22-23
  • #3,172
  • Aug 2, 2007 12:24pm Aug 2, 2007 12:24pm
Quoting xlr8
Ovidiu, thats for MT4?
yes for MT4, I've asking about this thing a lot red crossing the blue line means that green line from SI on VT is crossing the 50 line and every cross of blue or red line with thier signal line means that green line crossing the pink one in VT, but this is aproximately in MT ABS gives more signlas than Si on VT, anyway is the closest match.

And another thing price just touched the 5SMA, hope it goes up again, but my VT momentum still down, I don't like this...
  • #3,173
  • Aug 2, 2007 12:32pm Aug 2, 2007 12:32pm
Quoting ovidiu
yes for MT4, I've asking about this thing a lot red crossing the blue line means that green line from SI on VT is crossing the 50 line and every cross of blue or red line with thier signal line means that green line crossing the pink one in VT, but this is aproximately in MT ABS gives more signlas than Si on VT, anyway is the closest match.

And another thing price just touched the 5SMA, hope it goes up again, but my VT momentum still down, I don't like this...

Thanks..for the indicator. Ive got it up in MT4
  • #3,174
  • Aug 2, 2007 12:32pm Aug 2, 2007 12:32pm
look how beautifully price bounced off the 1hr 5SMA
Trade what you see, not what you think.
  • #3,175
  • Aug 2, 2007 12:32pm Aug 2, 2007 12:32pm
Quoting ovidiu
10,C; that might mean that 30min 5SMA might be the point that price has retraced and now it will start going up again, as K said earlier
nope, it didn't hold at 30M 5SMA, it went through. He said he keeps going up until one time frame has a 5SMA that HOLDS ... which means the price doesn't drop further from that point (Karmo correct me if I'm wrong)
  • #3,176
  • Aug 2, 2007 12:33pm Aug 2, 2007 12:33pm
Quoting zoheir
nope, it didn't hold at 30M 5SMA, it went through. He said he keeps going up until one time frame has a 5SMA that HOLDS ... which means the price doesn't drop further from that point (Karmo correct me if I'm wrong)
correct, 1hr Held, price going up now
Trade what you see, not what you think.
  • #3,177
  • Aug 2, 2007 12:33pm Aug 2, 2007 12:33pm
Quoting karmostaji
look how beautifully price bounced off the 1hr 5SMA
Lol ... like Magic Johnson
  • #3,178
  • Aug 2, 2007 12:35pm Aug 2, 2007 12:35pm
Quoting trader8686
Got it, and thanks.
Did you input your order, yet? It just got hit 1H at 5SMA at 242.22-23

I went long when the price touched the 5sma. When I looked at the 1hr chart the indicator, RSI was still above 50 & momentum was pointing up. When I looked at the 4hr chart all indicators were up...
  • #3,179
  • Aug 2, 2007 12:39pm Aug 2, 2007 12:39pm
Quoting xlr8
I went long when the price touched the 5sma. When I looked at the 1hr chart the indicator, RSI was still above 50 & momentum was pointing up. When I looked at the 4hr chart all indicators were up...
Thanks, and learning.
  • #3,180
  • Aug 2, 2007 12:40pm Aug 2, 2007 12:40pm
Quoting xlr8
I went long when the price touched the 5sma. When I looked at the 1hr chart the indicator, RSI was still above 50 & momentum was pointing up. When I looked at the 4hr chart all indicators were up...
good for you I am long since 242.91, but I managed to hedege a little on the way down, it's not over yet until the momentum on 1H points up is flat now, how is it yours?
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