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

  • #25,741
  • Sep 12, 2007 8:24pm Sep 12, 2007 8:24pm
Quoting jdogg4000
Has anyone had a problem with MT4 with the level stop reverse indicator where all the arrows point the same direction. I am using version 5 of bruces indicator. I dont have a screenshot as i restarted MT4 and it works fine now but its happened a couple of times next time ill post a picture?

Thanks
The latest version of the indicator can be found at the link in my signature. it's version 1.0 now. The arrows should always alternate, but they get drawn at the level of the stop line, so we had a case yesterday where the the arrow was actually in a long candle that spiked up and depending on your colors, you might not have been able to see it. If you see something weird, do grab a screen shot and I'll have a look.

Bruce
  • #25,742
  • Sep 12, 2007 8:41pm Sep 12, 2007 8:41pm
Quoting auslanco
Try this, These are some of the basics every single currency trader should know.
http://www.timeanddate.com/worldclock/

alternatively every1 PM aus--if they need urgent time update

jk
  • #25,743
  • Sep 12, 2007 8:43pm Sep 12, 2007 8:43pm
Hey Markam, World is collapsing bro

INDONESIA REPORTS A NEW 6.7 MAGNITUDE EARTHQUAKE; ISSUES NEW TSUNAMI WARNING
  • #25,744
  • Sep 12, 2007 8:44pm Sep 12, 2007 8:44pm
Quoting Hakuna Matata
alternatively every1 PM aus--if they need urgent time update

jk
Sure.. with a CC to HK
  • #25,745
  • Sep 12, 2007 8:45pm Sep 12, 2007 8:45pm
For Euro lovers:

USD REBOUND? CHARTISTS SAY THAT IF EUR/USD TOUCHED 1.3822 IT WILL INDICATE THAT AN INTRADAY TOP IS FORMED AND BRING PULL BACK - WIRES
- Chartists say that break of 1.3822/51 resistance zone shows that the EUR/USD up trend from 1.1639 has resumed.
  • #25,746
  • Sep 12, 2007 8:48pm Sep 12, 2007 8:48pm
I have been searching several threads for the setting for VT reversal system
could some one post them again thanks , I have been folling this thread now since Aug have learned so much in such a short time my brain is hurting lol
and have increased the wins . now it's back to the shadows of this thread to watch and learn. .
  • #25,747
  • Sep 12, 2007 8:52pm Sep 12, 2007 8:52pm
Quoting elkhorn
I have been searching several threads for the setting for VT reversal system
could some one post them again thanks , I have been folling this thread now since Aug have learned so much in such a short time my brain is hurting lol
and have increased the wins . now it's back to the shadows of this thread to watch and learn. .

Check the 15min strategy thread
  • #25,748
  • Sep 12, 2007 9:07pm Sep 12, 2007 9:07pm
Brucehvn,

While waiting the breakout let me ask you a question. Is it possible to write an ea for the scalping strategy with these rules? I mean there is nothing to be discreational with the rules for this strategy, simpe and solid. By having an ea like that maybe we can find better values for stop reverse levels and QQE (instead of 60 value maybe)
  • #25,749
  • Sep 12, 2007 9:12pm Sep 12, 2007 9:12pm
Quoting auslanco
Hey Markam, World is collapsing bro

INDONESIA REPORTS A NEW 6.7 MAGNITUDE EARTHQUAKE; ISSUES NEW TSUNAMI WARNING
Natural disasters don't get me all gloom and doom unless oil infrastructure is involved.

Now if Israel starts the war with Syria/Iran like they appear to be trying to do, you will get to see me in full end-of-world mode.
  • #25,750
  • Sep 12, 2007 9:14pm Sep 12, 2007 9:14pm
(jp) Yosano Will Not Run To Be Japan's Next Pm
  • #25,751
  • Sep 12, 2007 9:19pm Sep 12, 2007 9:19pm
Quoting brok
Brucehvn,

While waiting the breakout let me ask you a question. Is it possible to write an ea for the scalping strategy with these rules? I mean there is nothing to be discreational with the rules for this strategy, simpe and solid. By having an ea like that maybe we can find better values for stop reverse levels and QQE (instead of 60 value maybe)

I was going to request the same thing from Bruce or Que, That will be more practical on the 15 min strategy with 1:3 Loss to profit ratio for every single trade. You only need 30% win rate to make some decent pips
  • #25,752
  • Sep 12, 2007 9:21pm Sep 12, 2007 9:21pm
Quoting brok
Brucehvn,

While waiting the breakout let me ask you a question. Is it possible to write an ea for the scalping strategy with these rules? I mean there is nothing to be discreational with the rules for this strategy, simpe and solid. By having an ea like that maybe we can find better values for stop reverse levels and QQE (instead of 60 value maybe)
Hi Brok,

I've thought about that and the scalp strategy does lend itself fairly well to an EA, though if you start talking about entering on 5sma retraces, it becomes a bit more complex and somewhat discretionary. But you are right, it would make testing various combinations of settings a bit easier. It could certainly be done.

Bruce
  • #25,753
  • Sep 12, 2007 9:24pm Sep 12, 2007 9:24pm
DOWNSIDE TARGETS: CHARTISTS SAY IF USD/JPY BREAKS BELOW 113.24 IT WILL TURN INTRADAY OUTLOOK TO THE DOWNSIDE, IF USD/JPY DIPS BELOW 112.58 IT WILL INDICATE THAT RECENT DECLINE HAS RESUMED FOR A TEST OF 111.59 SUPPORT - WIRES


NTRADAY OUTLOOK: CHARTISTS NOT CONVINCED OF UPSIDE MOMENTUM, SAYS THAT FURTHER RALLY COULD BE EXPECTED AS LONG AS 2.0227 SUPPORT HOLDS (NOTE THAT THIS LEVEL IS BEING TESTED AT 21:44 ET) - WIRES
- Below 2.0227 will turn intraday outlook consolidative
  • #25,754
  • Sep 12, 2007 9:28pm Sep 12, 2007 9:28pm
Quoting auslanco
I was going to request the same thing from Bruce or Que, That will be more practical on the 15 min strategy with 1:3 Loss to profit ratio for every single trade. You only need 30% win rate to make some decent pips
I read and re-read 15min Strategy, but still can not analyse in time to enter/exit levels?
  • #25,755
  • Sep 12, 2007 9:36pm Sep 12, 2007 9:36pm
This wedgie is giving me a serious rash....

Must I wait for a bloke to kindly unhook me.

hangingfromthedumpsterdoorknob
  • #25,756
  • Sep 12, 2007 9:36pm Sep 12, 2007 9:36pm
Quoting ar1002
I read and re-read 15min Strategy, but still can not analyse in time to enter/exit levels?

what exactly is it that u dont understand about THIS?

- after you get the two signals(Arrow & QQE 60 cross signal) You enter after the QQE5 or QQE1 cross the 50 line.
- If QQE5 cross to the opposite direction you must exit the trade.
- You can reenter a trade when QQE1 touch the 50 line and cross back towards the QQE60.
- When you get the proper entry set up , check for the 1hr momentum. If the 1hr momentum and 15 min Momentum on the new confirmation bar shows a very promising trend continuation(45 Degrees plus bent) you dont have to wait untill the 5 SMA touch to enter .
5. Also trailing stop 60pips
  • #25,757
  • Sep 12, 2007 9:37pm Sep 12, 2007 9:37pm
[quote=Hakuna Matata;1590297]what exactly is it that u dont understand about THIS?

its clearly explained !
  • #25,758
  • Sep 12, 2007 9:38pm Sep 12, 2007 9:38pm
Quoting brucehvn
Hi Brok,

I've thought about that and the scalp strategy does lend itself fairly well to an EA, though if you start talking about entering on 5sma retraces, it becomes a bit more complex and somewhat discretionary. But you are right, it would make testing various combinations of settings a bit easier. It could certainly be done.

Bruce

Thnks for the reply. You are right. Entering the trade at the sma seems to be a problem. We can find a way to figure out using the last candle's sma but that may change the whole strategy....
  • #25,759
  • Sep 12, 2007 9:39pm Sep 12, 2007 9:39pm
FIREWORKS? I think this current 15mn alert is not the BIG one! Still time to look, think, and try to understand the chart.

Soon!

http://www.forexfactory.com/attachme...1&d=1189651094
Attached Image (click to enlarge)
Click to Enlarge Name: guppy-12sep07-a.gif Size: 37 KB
  • #25,760
  • Sep 12, 2007 9:40pm Sep 12, 2007 9:40pm
Quoting ar1002
I read and re-read 15min Strategy, but still can not analyse in time to enter/exit levels?
I honestly don't know how any other way to explain it mate..
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