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

  • #20,221
  • Sep 2, 2007 8:47pm Sep 2, 2007 8:47pm
I think there was another setup for a long scalp in the 1 min TF a little while ago, seemed like if entered at hte 5SMA after the confirmation bar, it would have been +25 pips already..!

~G.
  • #20,222
  • Sep 2, 2007 8:48pm Sep 2, 2007 8:48pm
Quoting Piters
Good morning AUS.. nice to see you early

only one Q:

Level Stop reverse is that one modified or plain one from VT ?

Thanks mate!
Modified.. Download it from the 15 min strategy thread.
  • #20,223
  • Sep 2, 2007 8:51pm Sep 2, 2007 8:51pm
Quoting kevinsw
Ok my turn for a question... Which one is the RSI fast? the middle or the bottom one?
It's not the middle one. Dont use the middle one for trading mate
  • #20,224
  • Sep 2, 2007 8:56pm Sep 2, 2007 8:56pm
Quoting Tatton
Strength Indicator = Quantitative Qualitative Estimation Indicator ( Smoothing period 5) Please go to indicator properties and add a red line on the value 50.
Go to color /style on the same indicator properties and turn the LevelRSIfast to white(invisible)....



indicator properties, how do i get to indicator properties on MT4?
to right click on chart, go to properties i dont see options for value or levelRSIfast

do i need to d/l vt system chrting?
right click on the chart go to indicators list and then select the indicator and click edit and you can change the properties
  • #20,225
  • Sep 2, 2007 8:56pm Sep 2, 2007 8:56pm
Quoting AlphaGA
I think there was another setup for a long scalp in the 1 min TF a little while ago, seemed like if entered at hte 5SMA after the confirmation bar, it would have been +25 pips already..!

~G.
1 min BUY Trade
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  • #20,226
  • Sep 2, 2007 9:04pm Sep 2, 2007 9:04pm
the 5min confirmation didn't happen till 21:50EST ( by confirmation, i'm refering to the arrow and dot on the 5min TF)....so i'm assuming you're refering to a QQE(5) crossover on the 5min as the confirmation Aus?
  • #20,227
  • Sep 2, 2007 9:07pm Sep 2, 2007 9:07pm
Quoting AWG
the 5min confirmation didn't happen till 21:50EST ( by confirmation, i'm refering to the arrow and dot on the 5min TF)....so i'm assuming you're refering to a QQE(5) crossover on the 5min as the confirmation Aus?

yess.. I only use the 5 min QQE for 1 min trend confirmaion

5 min QQE values are the usual .(smoothing period 5)
  • #20,228
  • Sep 2, 2007 9:14pm Sep 2, 2007 9:14pm
Quoting auslanco
It's not the middle one. Dont use the middle one for trading mate
Got it...thanks bro
  • #20,229
  • Sep 2, 2007 9:19pm Sep 2, 2007 9:19pm
Quoting auslanco
yess.. I only use the 5 min QQE for 1 min trend confirmaion

5 min QQE values are the usual .(smoothing period 5)
Is there a post that has all of the rules for the 1 min scalps? I tried to do a scan through and find a post that lists them all.....did I miss it?
  • #20,230
  • Sep 2, 2007 9:20pm Sep 2, 2007 9:20pm
If I'm reading the indicators correctly, can someone confirm that we are getting closer to a short/sell 1 min scalp?


Thanks,

Frank
  • #20,231
  • Sep 2, 2007 9:21pm Sep 2, 2007 9:21pm
Quoting AWG
the 5min confirmation didn't happen till 21:50EST ( by confirmation, i'm refering to the arrow and dot on the 5min TF)....so i'm assuming you're refering to a QQE(5) crossover on the 5min as the confirmation Aus?
1 min Buy Trade closed
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  • #20,232
  • Sep 2, 2007 9:22pm Sep 2, 2007 9:22pm
Quoting frank99
If I'm reading the indicators correctly, can someone confirm that we are getting closer to a short/sell 1 min scalp?


Thanks,

Frank

No..You have to wait for 5 min QQE cross down to go short.. still the 1 min TF is bullish until 5 min QQE(5) cross down.
  • #20,233
  • Sep 2, 2007 9:24pm Sep 2, 2007 9:24pm
Thanks. It looks like the 5 min QQE is going to cross down, but like you said, it hasn't yet - and maybe it wont. I will wait for the appropriate time before entering the short trade.

Thanks again!

Frank


Quoting auslanco
No..You have to wait for 5 min QQE cross down to go short.. still the 1 min TF is bullish until 5 min QQE(5) cross down.
  • #20,234
  • Sep 2, 2007 9:25pm Sep 2, 2007 9:25pm
Quoting frank99
If I'm reading the indicators correctly, can someone confirm that we are getting closer to a short/sell 1 min scalp?


Thanks,

Frank
at 233.50
THE TREND IS UR FRIEND
  • #20,235
  • Sep 2, 2007 9:26pm Sep 2, 2007 9:26pm
Thanks Tradechief. Let's see what happens. I will be patient. :-)


Frnak

Quoting tradechief
at 233.50
  • #20,236
  • Sep 2, 2007 9:28pm Sep 2, 2007 9:28pm
Quoting tradechief
at 233.50
You are not following the correct rules my friend. You have to wait until the 5min cross down and confirm to go short. 1 min QQE can cross back upwards and shoot up again since the 5 min QQE is still bullish.
  • #20,237
  • Sep 2, 2007 9:29pm Sep 2, 2007 9:29pm
Quoting frank99
Thanks Tradechief. Let's see what happens. I will be patient. :-)


Frnak
just 3 pips profit
THE TREND IS UR FRIEND
  • #20,238
  • Sep 2, 2007 9:29pm Sep 2, 2007 9:29pm
Quoting cotoho
Is there a post that has all of the rules for the 1 min scalps? I tried to do a scan through and find a post that lists them all.....did I miss it?
same rules as the 15m scalp only diferance is the 1m scalp you use the 5m as trend comfirmation
  • #20,239
  • Sep 2, 2007 9:29pm Sep 2, 2007 9:29pm
Aus,
on a technical standpoint, its clear the dots refer to the QQE Alert crossovers....what do the arrows refer to?
  • #20,240
  • Sep 2, 2007 9:30pm Sep 2, 2007 9:30pm
Quoting auslanco
You are not following the correct rules my friend. You have to wait until the 5min cross down and confirm to go short. 1 min QQE can cross back upwards and shoot up again since the 5 min QQE is still bullish.
noted
THE TREND IS UR FRIEND
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