- #21,497
- Sep 5, 2007 12:20am Sep 5, 2007 12:20am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
Auslanco-GBP/JPY Strength Indicator strategy 345 replies
Auslanco 15min GBP/JPY startegy 630 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
DislikedTHIS IS FOR INDICATIVE PURPOSES ONLY !!
ENJOY AND POSSIBLY DREAM !!
WHAT ARE THE CHANCES??
(PS-- LOOK AT THE DATES--TIME IT HAPPENED)Ignored
DislikedLook at the Momentum indicator on your different TF's. The 30M Chart Momentum is strongly up while the 1H is flat. This should be considered a 30M retrace unless the 5SMA on the 30M is breached. At the point we would look to see price go to the 5SMA on the 1H chart. There is no way to know ahead of time until you watch and see how price plays out.
M2BIgnored
DislikedLook at the Momentum indicator on your different TF's. The 30M Chart Momentum is strongly up while the 1H is flat. This should be considered a 30M retrace unless the 5SMA on the 30M is breached. At the point we would look to see price go to the 5SMA on the 1H chart. There is no way to know ahead of time until you watch and see how price plays out.
M2BIgnored
DislikedThanks for explanation.
Is it the jist of momentum indicator(for detecting retractment) or there is more to it?Ignored
DislikedFound the momentum indicator, what values one should use for price and period.
ThanksIgnored
DislikedOut of interest I checked to see what GPPJPY did Oct/Nov 87 and it WENT UP!Ignored