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

  • #28,181
  • Sep 17, 2007 7:40pm Sep 17, 2007 7:40pm
i guess I am going to have to read up on pivot points next and how to set them...
  • #28,182
  • Sep 17, 2007 7:42pm Sep 17, 2007 7:42pm
is it just me or does this thing feel heavy?
  • #28,183
  • Sep 17, 2007 7:43pm Sep 17, 2007 7:43pm
Quoting rodders
http://www.forexfactory.com/images/misc/progress.gifI just changed the "Calculate Pivot At Hour (EST) to 19 and it seems to work.
Session Daily Pivots.. on VT


Start times

Asian 19EST
London & US 04EST
US (after London close) 8EST
  • #28,184
  • Sep 17, 2007 7:43pm Sep 17, 2007 7:43pm
I am not worried one bit...I have my green pips locked and loaded
  • #28,185
  • Sep 17, 2007 7:44pm Sep 17, 2007 7:44pm
Mon
Sep 17


Time/ Currency/ Impact/ Actual/ Forecast/ Previous
1 AM/ALL Economic data on every currency in the whole world/http://www.forexfactory.com/images/m...mpact_high.gif/http://www.forexfactory.com/images/misc/progress.gif/54.8T/20.5T

Imagine news like that lol...man I'm bored...these markets are goin too slow
  • #28,186
  • Sep 17, 2007 7:44pm Sep 17, 2007 7:44pm
Quoting auslanco
Session Daily Pivots.. on VT


Start times

Asian 19EST
London & US 04EST
US 8EST
Thanks for the confirmation Aus!
  • #28,187
  • Sep 17, 2007 7:46pm Sep 17, 2007 7:46pm
Quoting 59fender
is it just me or does this thing feel heavy?
Heavy like wanting to fall through, or heavy like slow moving?
  • #28,188
  • Sep 17, 2007 7:46pm Sep 17, 2007 7:46pm
Quoting auslanco
Session Daily Pivots.. on VT


Start times

Asian 19EST
London & US 04EST
US (after London close) 8EST

Thanks Aus
  • #28,189
  • Sep 17, 2007 7:47pm Sep 17, 2007 7:47pm
Quoting Pips_Cruiser
Heavy like wanting to fall through, or heavy like slow moving?
feels heavy as if she would like to test support
  • #28,190
  • Sep 17, 2007 7:49pm Sep 17, 2007 7:49pm
Only take the short trade if the signal genrates below the Daily Pivot level.
Long trade , if the signal generates above the daily pivot level.

Change your Daily setting at the start of every session.
 Session Daily Pivots.. on VT


Start times

Asian 19EST
London & US 04EST
US (after London close) 8EST
  • #28,191
  • Sep 17, 2007 7:51pm Sep 17, 2007 7:51pm
Quoting auslanco
Session Daily Pivots.. on VT


Start times

Asian 19EST
London & US 04EST
US (after London close) 8EST

Aus,a quick question,I note when the market is ranging,you can give an accurate figure of the scope,how do you decide it,by pivot point or stop reversal figure,seem we can use this to help scalp some pips.Thanks!
  • #28,192
  • Sep 17, 2007 7:53pm Sep 17, 2007 7:53pm
i cannot get the pivots to look right on MT4 i downloaded the template here but all the lines are above the price
  • #28,193
  • Sep 17, 2007 7:55pm Sep 17, 2007 7:55pm
Quoting Iceage
Aus,a quick question,I note when the market is ranging,you can give an accurate figure of the scope,how do you decide it,by pivot point or stop reversal figure,seem we can use this to help scalp some pips.Thanks!
I use the 2 reverse level stop indicators with two different values on VT 10min chart to spot the ranging markets. It's still on testing stages.. I will post the details when I finish.
  • #28,194
  • Sep 17, 2007 7:55pm Sep 17, 2007 7:55pm
yes, I feel a little like this guy right now
  • #28,195
  • Sep 17, 2007 7:58pm Sep 17, 2007 7:58pm
Quoting 59fender
feels heavy as if she would like to test support
I hope we get back in that mode soon. Otherwise I'll probably go watch TV for a couple hours. It beats watching candles form.
  • #28,196
  • Sep 17, 2007 7:58pm Sep 17, 2007 7:58pm
ok ok, I understand...so the pivot has to change at each session...Asia 1900, london 0400, US 0800
  • #28,197
  • Sep 17, 2007 8:00pm Sep 17, 2007 8:00pm
Quoting auslanco
4hr 5sma will reach between 4GMT to 5GMT
AUS BRO (correct me if wrong )
You have concluded that coz 4 hr momentum was pointing down and when 2 hr momentum started with downward inclination you concluded that in next two hours retractment target will be reached .
thanks in advance
  • #28,198
  • Sep 17, 2007 8:00pm Sep 17, 2007 8:00pm
Quoting Pips_Cruiser
I hope we get back in that mode soon. Otherwise I'll probably go watch TV for a couple hours. It beats watching candles form.

there wont be a strategy trade for a while.. Price will complete the 4hr 5sma retraco by 5GMT and there will be news moves..
  • #28,199
  • Sep 17, 2007 8:01pm Sep 17, 2007 8:01pm
Quoting auslanco
Only take the short trade if the signal genrates below the Daily Pivot level.
Long trade , if the signal generates above the daily pivot level.

Change your Daily setting at the start of every session.
Session Daily Pivots.. on VT


Start times

Asian 19EST
London & US 04EST
US (after London close) 8EST
Aus do you mean above or below the daily pivot and the supports or just the daily pivot value?? sorry silly question
  • #28,200
  • Sep 17, 2007 8:03pm Sep 17, 2007 8:03pm
Quoting mansaf6
AUS BRO (correct me if wrong )
You have concluded that coz 4 hr momentum was pointing down and when 2 hr momentum started with downward inclination you concluded that in next two hours retractment target will be reached .
thanks in advance
No, VT points down which close at 4GMT. MT4 points up which close at 5GMT. There for 4hr retracement will be only on MT4 which will be from 4GMT to 5GMT.
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