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GBP/JPY for QQE Traders!

  • #1,021
  • Feb 3, 2008 2:15pm Feb 3, 2008 2:15pm
Yes I wanna watch the Superbowl too, but here in UK it's not really popular, I'm so mad! I miss my last year in the US !
I'd prefer NY Giants to win though... Patriots are too good!
Let's see if I can at least watch it...
Cheers

One of the only frenchy who likes NFL!
  • #1,022
  • Feb 3, 2008 3:15pm Feb 3, 2008 3:15pm
Quoting Michi
Yes I wanna watch the Superbowl too, but here in UK it's not really popular, I'm so mad! I miss my last year in the US !
I'd prefer NY Giants to win though... Patriots are too good!
Let's see if I can at least watch it...
Cheers

One of the only frenchy who likes NFL!
Super Bowl Analysis:

ADX indicator says trending, so expect some volatility.

4hr QQE5 is crossed bullish for the Patriots, and price bars are closing above the Gann.

1hr QQE5 is crossed bearish for the Giants, but no closes below the Gann for several hours.

15min QQE’s are mixed.

Mixed momentum indicators, with Mo1 favoring Giants, Mo10 level, and Mo14 favoring Patriots.

Should be a good game. But from what I see here we can expect an early rally by the Giants, followed by a 50% retrace, then a rally by the Patriots to seal the deal in the second half.

Keep a wide stop loss beyond the 61.8 fib.

  • #1,023
  • Feb 3, 2008 3:29pm Feb 3, 2008 3:29pm
Quoting Pips_Cruiser
Super Bowl Analysis:

ADX indicator says trending, so expect some volatility.

4hr QQE5 is crossed bullish for the Patriots, and price bars are closing above the Gann.

1hr QQE5 is crossed bearish for the Giants, but no closes below the Gann for several hours.

15min QQE’s are mixed.

Mixed momentum indicators, with Mo1 favoring Giants, Mo10 level, and Mo14 favoring Patriots.

Should be a good game. But from what I see here we can expect an early rally by the Giants, followed by a 50% retrace, then a rally by the Patriots to seal the deal in the second half.

Keep a wide stop loss beyond the 61.8 fib.

BUT, it's not who bends the QQE, it's who covers the spread

Gotta go with the Giants and +12.
  • #1,024
  • Feb 3, 2008 3:43pm Feb 3, 2008 3:43pm
Quoting Pips_Cruiser
Super Bowl Analysis:

ADX indicator says trending, so expect some volatility.

4hr QQE5 is crossed bullish for the Patriots, and price bars are closing above the Gann.

1hr QQE5 is crossed bearish for the Giants, but no closes below the Gann for several hours.

15min QQE’s are mixed.

Mixed momentum indicators, with Mo1 favoring Giants, Mo10 level, and Mo14 favoring Patriots.

Should be a good game. But from what I see here we can expect an early rally by the Giants, followed by a 50% retrace, then a rally by the Patriots to seal the deal in the second half.

Keep a wide stop loss beyond the 61.8 fib.

pretty creative analysis
The odds are on my side; let's hope they stay that way!!!
  • #1,025
  • Edited 10:35pm Feb 3, 2008 7:27pm | Edited 10:35pm
Weekly pivot and 50%fib are in the 210.60 - 210.80 area. Lets see how it behaves around that price.
  • #1,026
  • Feb 3, 2008 9:12pm Feb 3, 2008 9:12pm
Quoting Michi
Yes I wanna watch the Superbowl too, but here in UK it's not really popular, I'm so mad! I miss my last year in the US !
I'd prefer NY Giants to win though... Patriots are too good!
Let's see if I can at least watch it...
Cheers

One of the only frenchy who likes NFL!
  • #1,027
  • Feb 3, 2008 9:13pm Feb 3, 2008 9:13pm
Quoting Nobitacu
Thanks again, for NY, I got 211.44.

Alright, I've decided to just not be lazy and just use the pivot indicator provide it on website and change the value at each new session, so to make sure I have the correct pivot values on my chart.

Now, I can finally join you all on getting to know and become comfortable with this system. =)

Thanks again for all your help.

Here's what my setup looks like for now:
This is looking good. A couple minor things:

1) You might have one more QQE on the 15min chart than you need. Should have QQE5 and QQE60. QQE1 is no longer used.
2) If you can set the QQE60 on the 15min chart to give an alert (a dot), that would be more in sync with the rest of us.
3) None of the other QQE’s should be set to give an alert. I’m not positive, but you might have the 1hr QQE5 setup with an alert. I see a dot there. If so, that should be changed. Might want to check your 4H and Daily QQE5 as well, just in case they’re also set to give an alert.
4) It appears your Gann HiLo is setup correctly. But you might want to verify that it’s set to 10 while you’re checking the other stuff.
5) Your 4 chart setup looks nice. But if you prefer to cut it down to 3 instead, you could remove the Daily and just change the 4H to a Daily now and then to check the Daily 5sma. That’s a matter personal preference though, and your 4 chart layout would work fine if you decide to keep it that way.
  • #1,028
  • Feb 3, 2008 9:27pm Feb 3, 2008 9:27pm
Here's the Asian session daily pivots. Looks like price is struggling a little to stay above the pivot point. But I see the 1H QQE5 has turned bullish recently, and the Nikkei index is up 335. Longs probably just need a little patience . . .
Attached Image
  • #1,029
  • Feb 3, 2008 9:40pm Feb 3, 2008 9:40pm
thanks pc

it looks like a bullish set up on the 15m about 1-2 hours ago but its taking time to break the 210.30ish area as the trend is down i would be carefull
where do you think this run up will take us to

good luck all
  • #1,030
  • Feb 3, 2008 9:40pm Feb 3, 2008 9:40pm
Quoting Pips_Cruiser
Longs probably just need a little patience . . .

Do you think price should break 211.14 pass 1hr 100sma before consider any long position.....or you just wait it break 15M 100sma
  • #1,031
  • Feb 3, 2008 9:45pm Feb 3, 2008 9:45pm
Quoting cohiba pips
thanks pc

it looks like a bullish set up on the 15m about 1-2 hours ago but its taking time to break the 210.30ish area as the trend is down i would be carefull
where do you think this run up will take us to

good luck all
I'm going for the 50% retrace at 210.58. Not sure what will happen after that.
  • #1,032
  • Feb 3, 2008 9:46pm Feb 3, 2008 9:46pm
Quoting ammaramani
Do you think price should break 211.14 pass 1hr 100sma before consider any long position.....or you just wait it break 15M 100sma
Hi ammaramani,

True. There is no 15 minute strategy "long". Not sure if price will get that high today or not.
  • #1,033
  • Feb 3, 2008 9:52pm Feb 3, 2008 9:52pm
Quoting Pips_Cruiser
Hi ammaramani,

True. There is no 15 minute strategy "long". Not sure if price will get that high today or not.

  • #1,034
  • Feb 3, 2008 10:12pm Feb 3, 2008 10:12pm
Quoting Pips_Cruiser
Here's the Asian session daily pivots. Looks like price is struggling a little to stay above the pivot point. But I see the 1H QQE5 has turned bullish recently, and the Nikkei index is up 335. Longs probably just need a little patience . . .
Hi

Can you please let me know where I can get the attachment with pivot and support and resistance levels. I use VT for my charts and I do change the pivots per session as per Aus system. I prefer to have the levels shown as your attachment shows verses viewing it on the chart.

Thank you. sw
The Will is Greater than the Skill
  • #1,035
  • Feb 3, 2008 10:28pm Feb 3, 2008 10:28pm
Quoting skillwill
Hi

Can you please let me know where I can get the attachment with pivot and support and resistance levels. I use VT for my charts and I do change the pivots per session as per Aus system. I prefer to have the levels shown as your attachment shows verses viewing it on the chart.

Thank you. sw
The one I posted comes from using the "Inspect" window after I've put the pivots on the chart. I do an Alt / Print Screen to capture an image of the inspect window, and paste it into a .jpg image using Paint (or whatever's available). Then I can look at that image later, or even post it, without leaving the pivot indicator on the chart. Another thing I do sometimes is write "comments" on the 15min chart, that tell me where the pivot point, 1hr 100sma, and Daily 5sma are. I find that works pretty well.
  • #1,036
  • Feb 3, 2008 10:33pm Feb 3, 2008 10:33pm
Thank you Pips Cruiser. sw
The Will is Greater than the Skill
  • #1,037
  • Feb 4, 2008 2:24am Feb 4, 2008 2:24am
She looks like she has a bit of strength... Where to? 211.69 or what? I'm not a bib expert but at times like these I really would like to understand fibs
All the best things in life are free.
  • #1,038
  • Feb 4, 2008 2:43am Feb 4, 2008 2:43am
Hey guys does anyone have any good article on fibs for me to try and understand this powerful tool
All the best things in life are free.
  • #1,039
  • Feb 4, 2008 3:01am Feb 4, 2008 3:01am
Quoting Pips_Cruiser
This is looking good. A couple minor things:

1) You might have one more QQE on the 15min chart than you need. Should have QQE5 and QQE60. QQE1 is no longer used.
2) If you can set the QQE60 on the 15min chart to give an alert (a dot), that would be more in sync with the rest of us.
3) None of the other QQE’s should be set to give an alert. I’m not positive, but you might have the 1hr QQE5 setup with an alert. I see a dot there. If so, that should be changed. Might want to check your 4H and Daily QQE5 as well, just in case they’re also set to give an alert.
4) It appears your Gann HiLo is setup correctly. But you might want to verify that it’s set to 10 while you’re checking the other stuff.
5) Your 4 chart setup looks nice. But if you prefer to cut it down to 3 instead, you could remove the Daily and just change the 4H to a Daily now and then to check the Daily 5sma. That’s a matter personal preference though, and your 4 chart layout would work fine if you decide to keep it that way.
Thanks for the tips! I'll make those changes. =)

1. Done, I was thinking about taking the QQE1 off too since I also noticed it wasn't being used anymore, thanks.
2. As for the QQE60 dot alert, which dot alert is it that I need to turn on? Right now I only have the CrossLineAlert, CrossLineEmail, QQECrossUpDot and QQECrossDownDot turned True, which one is the dot one you mentioned I need to turn on?
3. The ones I have turned on right now on my H1 chart is CrossFiftyAlert, CrossLineAlert, QQECrossUpDot, QQECrossDownDot set to True. Should I turn them all off on all my QQE5 charts for the Daily, H4 and H1? Or what's the only ones I would need on?
4. Done, all at value 10. =)
5. That's a good tip, maybe I'll do that until I get a bigger screen.

Thanks again for all your help.
  • #1,040
  • Feb 4, 2008 3:09am Feb 4, 2008 3:09am
[
I can give You on FF, You go to Trading Methods, Fibonacci Trading.....
Then You go to Bobokus, he is senior member and there is article, attachment from Pulos Bill - The truth about Fibonacci Trading.
You can try that article, about 20 to 30 pages, I believe.
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