right now it loos like going north
daily 5 sma,1hr 100 sma qqe60,qqe5 all pointing to north
daily 5 sma,1hr 100 sma qqe60,qqe5 all pointing to north
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DislikedHello everyone,
I'm new with trading the Auslanco's system. So far I have 4 charts up, Daily, 4H, 1H, M15. I like how each chart helps one another on confirming trades. I'm still new to this, just started this week, read through both documents on how to trade this, and now just watching and trying to feel the charts and how this system works. I've also started to read this thread from the beginning and I'm sure I'll learn a lot after reading through it while also trying to follow what everyone's doing.
I do have a quick question. I see everyone talked about the 100 and 5 SMA lines on the M15, but the only MA lines I see on all my charts are the 5 SMA and the 50 EMA, which both were talked about on the document. Does this mean I should change the 50 EMA to 100 SMA? I'm a bit confused about this one, sorry.Ignored
DislikedLate Asian Session Update
The 1hr QQE5 is crossed bullish, and 14 price bars have formed above the Gann HiLo (211.50 but moving).
Ignored
DislikedWelcome to the QQE club, Nobitacu!
The first thing you might want to do, is check this web site for the latest version of the 15 minute strategy:
http://www.pnwenterprises.com/auslan...instrategy.htm
Add the 100sma to your 1hr chart. That's the only place you definitely need it. You'll see why when you read through the web page. There are other sections there for the 4hr / 1hr strategy, and also for indicator downloads. It's worth spending some time reading through it.
Some of us like the 5sma, 50ema, 100sma, and 200ema on all of our charts. But it's a personal preference. Most charts only require the 5sma.Ignored
Dislikedre: 15m buy signal.
Be careful.
We have news in an hour.
This could be a little build up to take profits off neg GBP news.
if I wasn't already in a positon, I'd stay out.
It's stalled up at 212.19 and just sitting inbetween 2 fibs.
too sketchy for my liking, but I'm already in the game, so......
we'll just have to see where she goes.Ignored