Can you help interpret for pound and yen? Thanks BigZ !
Ignored
Brokers show us pairs relations (rates).
But BigBoys do not think this way; I believe they think: buy/sell GBP, buy/sell JPY etc.
My tool shows the power of activity when buying (7) and selling (0) each currency, relatively to 7 other currencies.
It is something like: GBP against other seven major curr; JPY against other 7, etc.
I can post a pict from time to time if sb finds it useful.
Which long are you talking about ?
How was your open trade yesterday.
Ignored
yesterday trade got my ts...green around 10 pips only...
seem like QQE5 for 15M has cross up...but i'm still sideway since got news for the next hour..
yesterday trade got my ts...green around 10 pips only...
seem like QQE5 for 15M has cross up...but i'm still sideway since got news for the next hour..
Brokers show us pairs relations (rates).
But BigBoys do not think this way; I believe they think: buy/sell GBP, buy/sell JPY etc.
My tool shows the power of activity when buying (7) and selling (0) each currency, relatively to 7 other currencies.
It is something like: GBP against other seven major curr; JPY against other 7, etc.
I can post a pict from time to time if sb finds it useful.
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Joined Sep 2007
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Status: Trust Yourself. Never Doubt
|297 Posts
This is an observation that I have noticed only recently (so still testing).
When our twin brothers - QQE5 15M and QQE5 1H - cross in the same direction the market will give you at least 50 - 75pips (sometimes up to 100+pips within the hour of aligning). This is provided QQE5 15M has triggered an arrow signal too.
This is only observation at this stage, but will try and post it as it setups.
This is an observation that I have noticed only recently (so still testing).
When our twin brothers - QQE5 15M and QQE5 1H - cross in the same direction the market will give you at least 50 - 75pips (sometimes up to 100+pips within the hour of aligning). This is provided QQE5 15M has triggered an arrow signal too.
This is only observation at this stage, but will try and post it as it setups.
for last 2 hours: GBP is neutral; JPY is being sold, but not heavily;
However, I'm bearish on GJ because of D1, H4 and H1 trend line - pointing down!
The only question for me is a point of entry (and moment of trend reversal of course - later).
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Joined Sep 2007
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Status: Trust Yourself. Never Doubt
|297 Posts
Current price is 214.96
I'm with you bearish. But think possibly the market will move to 215.90 - 216.20. I will look for SHORT opportunities around 216.00 if prices reaches those levels.
for last 2 hours: GBP is neutral; JPY is being sold, but not heavily;
However, I'm bearish on GJ because of D1, H4 and H1 trend line - pointing down!
The only question for me is a point of entry (and moment of trend reversal of course - later).
I'm with you bearish. But think possibly the market will move to 215.90 - 216.20. I will look for SHORT opportunities around 216.00 if prices reaches those levels.
This is an observation that I have noticed only recently (so still testing).
When our twin brothers - QQE5 15M and QQE5 1H - cross in the same direction the market will give you at least 50 - 75pips (sometimes up to 100+pips within the hour of aligning). This is provided QQE5 15M has triggered an arrow signal too.
This is only observation at this stage, but will try and post it as it setups.
I'm with you bearish. But think possibly the market will move to 215.90 - 216.20. I will look for SHORT opportunities around 216.00 if prices reaches those levels.
