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GBP/JPY for QQE Traders!

  • #1
  • First Post: Edited Feb 22, 2008 9:26pm Jan 7, 2008 8:18pm | Edited Feb 22, 2008 9:26pm
QQE Traders Wanted ! Some Experience Preferred !

If you are not familiar with AUSLANCO’s QQE trading strategy please refer to:

http://www.pnwenterprises.com/auslanco/
http://www.auslanco-fx.blogspot.com/


I hope we can keep trade discussions centred around QQE, Gann Hi-Lo, Momentum, & SMA etc. However any additional analysis will be useful (eg., news, fibs etc); but please let’s focus on Auslanco’s indicators.

If we wait patiently for the QQE Setups there is heaps of money to be made with Geppy. Lets join forces and get rich together !

Happy New Year. Wish everyone makes lots of money.

Sith Lord

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  • #2
  • Jan 7, 2008 8:20pm Jan 7, 2008 8:20pm
Current price is 215.14

1Hr 100sma = 216.80
Daily 5sma = 214.80 – 215.00
Daily Pivot = 215.20

QQE5 4HR = British bulls (cross up)
QQE5 1HR = Jap bears (not yet crossed up)
QQE5 15M = British bulls (crossed up and cross 50). Looks like the buy trigger on 15M will trigger around 215.30 - 215.50 when price pass “stop reverse” point.

Let’s wait for 1HR QQE 5 to cross up and wait for 15M green buy signal to go LONG.

Because we are below 1Hr 100sma this is a counter-trend trade (so grab some pips and get out)
  • #3
  • Jan 7, 2008 9:00pm Jan 7, 2008 9:00pm
Current Price = 215.32

Buy trigger arrow on 15Min (at 215.30).

I'm still waiting for QQE5 1H to cross up and London opening. Could pull down at London opening for a nice opportunity.

Wait.
  • #4
  • Jan 7, 2008 9:02pm Jan 7, 2008 9:02pm
Hello...
I'm new to QQE and i've been using aus 15m strategy for about 1 week, i've made 140 pips in one trade last week.
Do we have to use QQE5 in 4HR & 1HR too? How if one of 1HR 100 SMA or Daily 5SMA doesn't meet the requirements of buy or open according to 15m Aus strategy?
Thanx..

Quoting Sith Lord
Current price is 215.14

1Hr 100sma = 216.80
Daily 5sma = 214.80 – 215.00
Daily Pivot = 215.20

QQE5 4HR = British bulls (cross up)
QQE5 1HR = Jap bears (not yet crossed up)
QQE5 15M = British bulls (crossed up and cross 50). Looks like the buy trigger on 15M will trigger around 215.30 - 215.50 when price pass “stop reverse” point.

Let’s wait for 1HR QQE 5 to cross up and wait for 15M green buy signal to go LONG.

Because we are below 1Hr 100sma this is a counter-trend trade (so grab some pips and get out)
  • #5
  • Jan 7, 2008 9:09pm Jan 7, 2008 9:09pm
There are two stategies:

1. 15M strategy
2. 1Hr/ 4Hr strategy

I combine both strategies, because QQE is the cornerstone between the strategies. With the 1Hr/ 4Hr strategy i just look for QQE cross and Gann Hi-Lo cross.

You will need to read Auslanco's website for more details. Here are the latest 15M strategy entry signals:

Strategy rules.BUY%. price above the 1hr 100sma%. Price above the Daily 5sma
%. Price above the session Daily pivot
%. Levels Stop Reverse Indicator- buy arrow
%. QQE5 crossed up( RSIndex line-Green crossed upwards the LevelRSIslow)and crossed the 50 line upwards
%. QQE60 crossed up( RSIndex line-Green crossed upwards the LevelRSIslow). NOTE: QQE60 has to cross upwards while the price is above the 1hr 100sma and Daily 5sma. If the QQE60 cross upwards for a buy signal from Below the Daily 5sma or 1hr 100sma I don't take that signal.
  • #6
  • Jan 7, 2008 9:28pm Jan 7, 2008 9:28pm
Current price is 215.61

Anyone following QQE signals ?
  • #7
  • Jan 7, 2008 9:46pm Jan 7, 2008 9:46pm
Ok...thank you
I've opened buy @215.31 and now 30 pips up..

Quoting Sith Lord
There are two stategies:

1. 15M strategy
2. 1Hr/ 4Hr strategy

I combine both strategies, because QQE is the cornerstone between the strategies. With the 1Hr/ 4Hr strategy i just look for QQE cross and Gann Hi-Lo cross.

You will need to read Auslanco's website for more details. Here are the latest 15M strategy entry signals:

Strategy rules.BUY%. price above the 1hr 100sma%. Price above the Daily 5sma
%. Price above the session Daily pivot
%. Levels Stop Reverse Indicator- buy arrow
%. QQE5 crossed up( RSIndex line-Green crossed upwards the LevelRSIslow)and crossed the 50 line upwards
%. QQE60 crossed up( RSIndex line-Green crossed upwards the LevelRSIslow). NOTE: QQE60 has to cross upwards while the price is above the 1hr 100sma and Daily 5sma. If the QQE60 cross upwards for a buy signal from Below the Daily 5sma or 1hr 100sma I don't take that signal.

  • #8
  • Jan 7, 2008 9:52pm Jan 7, 2008 9:52pm
Nice work el_gato !

You are following 15M strategy only?


Quoting el_gato
Ok...thank you
I've opened buy @215.31 and now 30 pips up..
  • #9
  • Jan 7, 2008 10:25pm Jan 7, 2008 10:25pm
Thank you..
No, combine with 4h & 1h strategy.. any advice ? :-)

Quoting Sith Lord
Nice work el_gato !

You are following 15M strategy only?
  • #10
  • Jan 7, 2008 10:35pm Jan 7, 2008 10:35pm
I think waiting for London to open is good advice. Most of the time Asian session is slow and London session provides good entry opportunities. I have noticed often price will swing opposite direction in the first 1 to 2 hours of London opening and then move in QQE5 1HR and 4HR direction.

I am hoping price will fall to around 214.80 - 215.00 to look for LONG entry. I have to wait about 2 hours now. However Jap Bears are still in control of overall trend.

I am thinking QQE5 is looking like intraday British Bulls. I will re-evaluate in 2 hours.
  • #11
  • Jan 7, 2008 10:58pm Jan 7, 2008 10:58pm
Quoting Sith Lord
I think waiting for London to open is good advice. Most of the time Asian session is slow and London session provides good entry opportunities. I have noticed often price will swing opposite direction in the first 1 to 2 hours of London opening and then move in QQE5 1HR and 4HR direction.

I am hoping price will fall to around 214.80 - 215.00 to look for LONG entry. I have to wait about 2 hours now. However Jap Bears are still in control of overall trend.

I am thinking QQE5 is looking like intraday British Bulls. I will re-evaluate in 2 hours.
don't u think the 1hr QQE5 might give signal for downtrend to somewhere 213.....anyway i'm still at sideway position...need some strong signal b4 enter
  • #12
  • Jan 7, 2008 11:04pm Jan 7, 2008 11:04pm
QQE5 4HR has crossed up (bulls) and is about to break Gann Hi-Lo.
I wait until QQE5 1HR and QQE5 15M all align.

This is a counter-trend trade so it is risky. But I'm trying to be disciplined and follow the QQE signals for INTRA-DAY entries.

Quoting ammaramani
don't u think the 1hr QQE5 might give signal for downtrend to somewhere 213.....anyway i'm still at sideway position...need some strong signal b4 enter
  • #13
  • Jan 7, 2008 11:14pm Jan 7, 2008 11:14pm
[quote=Sith Lord;1789633]QQE5 4HR has crossed up (bulls) and is about to break Gann Hi-Lo.
I wait until QQE5 1HR and QQE5 15M all align.

This is a counter-trend trade so it is risky. But I'm trying to be disciplined and follow the QQE signals for INTRA-DAY entries.[/quote

what doyou mean about break Gann Hi Lo..not mistaken it had form above 4Hr Gan HiLo
  • #14
  • Jan 7, 2008 11:21pm Jan 7, 2008 11:21pm
I meant 4HR Gann HiLo Activator...one of Aus' indicators.

If you look at the 4HR charts now QQE5 is crossed up (bulls) and 4HR Gann HiLo Activator will point down around 215.40 (bulls).

1HR QQE5 has crossed 50 and Gann HiLo is already broken. Should be an interesting London opening in an hour's time.


what doyou mean about break Gann Hi Lo..not mistaken it had form above 4Hr Gan HiLo[/quote]
  • #15
  • Jan 7, 2008 11:30pm Jan 7, 2008 11:30pm
[quote=Sith Lord;1789649]I meant 4HR Gann HiLo Activator...one of Aus' indicators.

If you look at the 4HR charts now QQE5 is crossed up (bulls) and 4HR Gann HiLo Activator will point down around 215.40 (bulls).

1HR QQE5 has crossed 50 and Gann HiLo is already broken. Should be an interesting London opening in an hour's time.

forgive me but i'm still can't get what you mean...i'm also using same indicator as AUS...could you please post any chart...just want to know the place of that 4hr you told...it just a line didn't it

"learning and keep learn"
  • #16
  • Jan 7, 2008 11:32pm Jan 7, 2008 11:32pm
Ok..thanx for your adivice..


Quoting Sith Lord
I think waiting for London to open is good advice. Most of the time Asian session is slow and London session provides good entry opportunities. I have noticed often price will swing opposite direction in the first 1 to 2 hours of London opening and then move in QQE5 1HR and 4HR direction.

I am hoping price will fall to around 214.80 - 215.00 to look for LONG entry. I have to wait about 2 hours now. However Jap Bears are still in control of overall trend.

I am thinking QQE5 is looking like intraday British Bulls. I will re-evaluate in 2 hours.
  • #17
  • Jan 7, 2008 11:50pm Jan 7, 2008 11:50pm
Yeah the 4HR Gann HiLo is just a brownish line on Aus' charts. The current price of 215.48 is nowabove the HiLo Activator (but candle hasn't closed)

Sorry mate...dunno how to get charts loaded.
  • #18
  • Edited Jan 8, 2008 1:09am Jan 7, 2008 11:56pm | Edited Jan 8, 2008 1:09am
Quoting Sith Lord
Yeah the 4HR Gann HiLo is just a brownish line on Aus' charts. The current price of 215.48 is nowabove the HiLo Activator (but candle hasn't closed)

Sorry mate...dunno how to get charts loaded.
I post charts by: print screen > open Paint > ctrl+V to paste into paint > save as .gif or jpeg > then manage attachments,browse, attach

make sense anyone ?? is there a better way ? cheers

edit: p.s. I'm talking Oanda charts, guess MT4 makes it easy
  • #19
  • Jan 8, 2008 12:05am Jan 8, 2008 12:05am
If you are using MT4, just right click on the chart and select "Save As Picture"

Once you save the image, either click on the paperclip icon when editing a post, or scroll down during your post editing and select "Manage Attachments"
  • #20
  • Jan 8, 2008 12:08am Jan 8, 2008 12:08am
Quoting price
I post charts by: print screen > open Paint > ctrl+V to paste into paint > save as .gif or jpeg > then manage attachments,browse, attach

make sense anyone ?? is there a better way ? cheers
here my chart..little comment regarding ur mention 4HR

thank
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