Too funny, I love ya imagination. But do you really feel that way?Ignored
I wouldn't be shocked if it happened.
Auslanco 15min GBP/JPY startegy 630 replies
Auslanco-GBP/JPY Strength Indicator strategy 344 replies
My MT4 indicators for Auslanco's strategy 92 replies
Questions About Auslanco's Trades 72 replies
DislikedSMA is that red line just like we have on the QQE. yes i am just learning the system and thanks for your patience and help.Ignored
DislikedNo. SMA=Simple Moving Average which will draw a line where the average volume is. Simple is the type of moving average where others are accelerated (like exponential) Since the volume changes, the average volume will change but much much slower. 50 is the number of bars back it will average at any point. But it will look like a straight line.
The QQE line is a fixed line at 50, not a moving average.Ignored
DislikedThanks for your patience and time AI, just 1 last question if anyone can answer, how do i aply the sma on my volume chart? i am using VT charts and found the volume on the indicators. when i try to attach a indicator to the volume, the only options i get with the moving average are, macd-rsi-envelope.Ignored
DislikedI would stay out for the moment.
No point in risking money when there is no clear direction.
I think we need it to go down at least to the 38.2 fib of the previous upmove..
That would be around 24243 on my charts.. maybe hang around there or getting there for a while to build up energy for a push up?
Let's see what happens when london opens..
Better to let a couple of trains leave the station without you until you are sure they are really going your way?Ignored
question: just before the big movement began @3AM EST, the charts took a sudden dip (a fake as you like to call it).... how did you distinguish the fake even when the indicators were all pointing towards a strong bearish signal. There was a fresh strong bearish slope and cross at the 50 on the early indicators (10min). a nice bounce on the 30min....a fresh cross on the 1hr and good slope on the 4hr. I know hindsight is 20/20 but at that moment....it looked like it was about to break for the downside. How do we stay clear of these fakes in the future ?
p.s. i'm still paper trading at the moment.Ignored
DislikedIn the mean time, what do you think? Should I close my short positions?
Or open some long ones? Or stay out?
DislikedThere will be no movment during the asia... if 30min cross over the 50 line there will some movement .. untill then I rather play with my neighbours three legged dogIgnored
Dislikedto be honest frank, I dont know which way the market will turn...A good 100 pip retracement is still due, but so far there are no signs of it at all... ..
This could also break to the upside again. The best to do is stay away untill the 30 mins cross upwards or cross down the 50 line..
There will be about 50-100 pips for the 30 minutes time frame.Ignored