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

  • #6,101
  • Aug 10, 2007 4:25am Aug 10, 2007 4:25am
CAN SOMEONE THERE TELL ME WHAT UP WITH EURUSD and USDCAD,
COS IS LIKE THOSE ARE THE PAIR I'M INTERESTED IN TRADING FOR NOW,
wAPA MAN
JC Deji Mayor
  • #6,102
  • Aug 10, 2007 4:27am Aug 10, 2007 4:27am
[quote=AlphaGA;1532265]I am trying see where SI is crossing 50 (in the lower time charts 30/15) that everyone is talking about. I don't seem to find it crossing this 50 line since yesterday during that slide down from 243. Coudl someone please see my chart here and tell me if I have set my indicator incorrectly ?


Attachment

Thank you.

Or as I read it, seems about 3 hours old, the chart......................
Le singe est dans l'arbre
  • #6,103
  • Aug 10, 2007 4:28am Aug 10, 2007 4:28am
this is the closest thing to QQE I have found in MT4...
maybe changing some parameters can be as QQE.
Attached File(s)
File Type: mq4 TrendRSI_v3.mq4   4 KB | 541 downloads
  • #6,104
  • Aug 10, 2007 4:28am Aug 10, 2007 4:28am
Trendline is resistance for now, i don't mean it won't be broken.. i'm just saying

http://img254.imageshack.us/img254/8166/gjog7.gifhttp://img254.imageshack.us/img254/8...og7.gifhttp://
Trade what you see, not what you think.
  • #6,105
  • Aug 10, 2007 4:32am Aug 10, 2007 4:32am
Quoting dejiakamayor
CAN SOMEONE THERE TELL ME WHAT UP WITH EURUSD and USDCAD,
COS IS LIKE THOSE ARE THE PAIR I'M INTERESTED IN TRADING FOR NOW,
wAPA MAN
JC Deji Mayor
You're in the wrong thread, Dude. Go down the FF list. There are specific threads for those pairs. Good luck.

M2B
  • #6,106
  • Aug 10, 2007 4:38am Aug 10, 2007 4:38am
Quoting my2buoys
You're in the wrong thread, Dude. Go down the FF list. There are specific threads for those pairs. Good luck.

M2B
and while we're at it.....loose the caps lock....people might think you're shouting at them !
  • #6,107
  • Aug 10, 2007 4:39am Aug 10, 2007 4:39am
Quoting dejiakamayor
CAN SOMEONE THERE TELL ME WHAT UP WITH EURUSD and USDCAD,
COS IS LIKE THOSE ARE THE PAIR I'M INTERESTED IN TRADING FOR NOW,
wAPA MAN
JC Deji Mayor

You are definetly searching your answer in the wrong thread.....
  • #6,108
  • Aug 10, 2007 4:39am Aug 10, 2007 4:39am
The 15m and the 30m are now both confirmed longs. So now we are waiting for the 1h SI to turn above the 50 line and the 4h to cross its signal line to confirm a 200 pip long (200 pip because the daily is short).

Because the 1h SI is below the 50 line, the 15m and 30m longs are indicating that the current upswing is a retrace.

Aus, could you please tell me if this summary is correct as I'm trying to get the correct order of things with this system.

thanks

Mike
  • #6,109
  • Aug 10, 2007 4:40am Aug 10, 2007 4:40am
[quote=AlphaGA;1532265]I am trying see where SI is crossing 50 (in the lower time charts 30/15) that everyone is talking about. I don't seem to find it crossing this 50 line since yesterday during that slide down from 243. Coudl someone please see my chart here and tell me if I have set my indicator incorrectly ?


You have lost your connection. It has cross far right now.
  • #6,110
  • Aug 10, 2007 4:42am Aug 10, 2007 4:42am
there seems to be strong resistence points here...just a thought...


Attached Image (click to enlarge)
Click to Enlarge Name: m30.jpg Size: 80 KB
  • #6,111
  • Aug 10, 2007 4:46am Aug 10, 2007 4:46am
Quoting MikeW
The 15m and the 30m are now both confirmed longs. So now we are waiting for the 1h SI to turn above the 50 line and the 4h to cross its signal line to confirm a 200 pip long (200 pip because the daily is short).

Because the 1h SI is below the 50 line, the 15m and 30m longs are indicating that the current upswing is a retrace.

Aus, could you please tell me if this summary is correct as I'm trying to get the correct order of things with this system.

thanks

Mike


Spot on Mike, But I think the 1hr SI will touch the 50 line and cross back down after a 50% retracement completion.
  • #6,112
  • Aug 10, 2007 4:48am Aug 10, 2007 4:48am
Measuring market direction...
Attached Image
  • #6,113
  • Aug 10, 2007 4:51am Aug 10, 2007 4:51am
i like the way u think lawrh...
  • #6,114
  • Aug 10, 2007 4:52am Aug 10, 2007 4:52am
Stupid FTSE's taking a beating.. preventing GJ from going higher..
  • #6,115
  • Aug 10, 2007 4:52am Aug 10, 2007 4:52am
Thanks everyone, I got my SI setup fixed, but I don't think I changed anything, may it's the due to the time (may be it was offline). I logged of and logged back in and set the indicator again, now it resembles your charts...!

Thank you, you guys are great..!

~G.
  • #6,116
  • Aug 10, 2007 4:54am Aug 10, 2007 4:54am
Patience!

Set your TP & SL, then enjoy the trade regardless of what happens..
Trade what you see, not what you think.
  • #6,117
  • Aug 10, 2007 4:55am Aug 10, 2007 4:55am
I see on several screen shots from VTtrader that the QQE is labelled as "Strength Indicator" - I have QQE, is this exactly the same thing ? if so, how do you guys get the label shown as strength...
Thx
  • #6,118
  • Aug 10, 2007 4:55am Aug 10, 2007 4:55am
Quoting auslanco
Spot on Mike, But I think the 1hr SI will touch the 50 line and cross back down after a 50% retracement completion.
Thanks Aus

Mike
  • #6,119
  • Aug 10, 2007 4:58am Aug 10, 2007 4:58am
it seems everyone got a lot of money this week already and don't want to risk this friday.... I'm talking about the big ones who move the market...
  • #6,120
  • Aug 10, 2007 5:01am Aug 10, 2007 5:01am
Quoting emda
it seems everyone got a lot of money this week already and don't want to risk this friday.... I'm talking about the big ones who move the market...
They might want to make even more money.. who knows.. GJ might drop or stay like this till mid - NY .. and then soar up 200 pips.
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