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GBP/JPY for QQE Traders!

  • #2,041
  • Edited 10:04pm Apr 15, 2008 2:16am | Edited 10:04pm
Could anyone let me know what the London Session Daily Pivot is right now? I want to make sure my numbers are correct, I have 199.37. Thanks.

I believe settings for the Session Daily Pivots, is based on what time your broker's server time is when the market opens, since IBFX follows GMT time as their server time, that would make it these values to change it to during each new session:

• IBFX Values:
o Tokyo = 23
o London = 7
o New York = 12

As for Alpair settings, it should be of the following:
o Tokyo = 1
o London = 9
o New York = 14

If anyone else know any more settings for other brokers, feel free to post them. =) These values does need to be readjusted when time is adjusted hour ahead, or hour behind for summer and winter time.
  • #2,042
  • Apr 15, 2008 7:22pm Apr 15, 2008 7:22pm
[quote=Nobitacu;1950426]Let's do what we can to revive it then.

Im whith you, this tread must be revived...
It was a good reference to the ones that follow Aus 15´Strategy. By the way do you have any ideas why Auslanco had left trading this strat...( at least he stop producing signal at his private service).

Happy to see you here
best regards Fer.
  • #2,043
  • Apr 15, 2008 9:24pm Apr 15, 2008 9:24pm
[quote=indio;1953348]
Quoting Nobitacu
Let's do what we can to revive it then.

Im whith you, this tread must be revived...
It was a good reference to the ones that follow Aus 15´Strategy. By the way do you have any ideas why Auslanco had left trading this strat...( at least he stop producing signal at his private service).

Happy to see you here
best regards Fer.
I'm not sure actually, Aus isn't around right now to even answer questions. As for the 15 strategy, it's still being trade by many others, and it's still successful overall. He did update how it's traded on his blog in February, pretty much back to the way he trades it before, so that's how I'm doing it now as well. http://www.auslanco-15.blogspot.com/

As far as I know, he hasn't given up trading this strategy yet, he just hasn't really been around. Weird how there are many who took off from trading at the same time this past 2 months, me included. As for this private service, I'm not in it, so I'm not sure how it works.
  • #2,044
  • Apr 15, 2008 9:33pm Apr 15, 2008 9:33pm
[quote=Nobitacu;1953513]
Quoting indio

I'm not sure actually, Aus isn't around right now to even answer questions. As for the 15 strategy, it's still being trade by others. He did update how it's traded on his blog in February, pretty much back to the way he trades it before, so that's how I'm doing it now as well. As far as I know, he hasn't given up trading this strategy yet, he just hasn't really been around. Weird how there are many who took off from trading at the same time this past 2 months, me included. As for this private service, I'm not in it, so I'm not sure how it works, but from what I've read from his blog, it's said that it isn't a service that produce signals, but more like talking about the overviews of the market condition and where it might be headed. Or does he actually give entrance and exit signals as well?
Many traders probably had severe losses two months ago when the dollar reached all time lows....many traders have either taken a break til things cool down or they are ready to trade again.

I trade mainly G/J and I watched many traders that did the same as I with G/J and after the dollar lows.....they turned away from G/J thinking that it was the solution seeing it as an unpredictable currency pair.

Just my thoughts on that aspect.

Good Luck to all...

Zack
The only sovereign I can allow to rule me is reason.
  • #2,045
  • Apr 15, 2008 9:45pm Apr 15, 2008 9:45pm
[quote=pearsonfx;1953525]
Quoting Nobitacu

Many traders probably had severe losses two months ago when the dollar reached all time lows....many traders have either taken a break til things cool down or they are ready to trade again.

I trade mainly G/J and I watched many traders that did the same as I with G/J and after the dollar lows.....they turned away from G/J thinking that it was the solution seeing it as an unpredictable currency pair.

Just my thoughts on that aspect.

Good Luck to all...

Zack
Ah... good point, even Kujo is not trading GJ anymore, he's trading UJ and EU now.
  • #2,046
  • Apr 15, 2008 9:48pm Apr 15, 2008 9:48pm
By the way, Aus's M15 strategy just confirmed for a Sell, but since it's not Europe session yet, you'll have to decide to take this trade or not. Best to trade this strategy as Aus mentioned, is during Europe/London session. I entered with smaller lot @199.31, SL 60, TP at next support line minus spread.
  • #2,047
  • Edited 6:54am Apr 16, 2008 2:22am | Edited 6:54am
Well, that sell which was traded outside the recommended hours hit SL, so, no more of doing that, have to stay with the hours as suggested haha.

But, a Buy did trigger about half hour into the suggested trading hours, so entered @200.06, SL @60 pips, TP at next resistance line from London session minus spread, which was 200.60 for me, so I got +54 pips from this trade, in profit now overall for today since that last Sell I only used half of what I normally trade. Done for now, going to wait for next confirmation if it ever comes. I hope some of you caught this last Aus M15 Buy confirmation for around 54 pips. Good luck everyone for the rest of the day if I don't post again.
  • #2,048
  • Edited 6:38am Apr 16, 2008 5:32am | Edited 6:38am
I miss that, now I take a sell signal at 199.38 (after chanel retracment), let see...

1 hr later hit my SL.
  • #2,049
  • Apr 16, 2008 6:25am Apr 16, 2008 6:25am
Quoting indio
I miss that, now I take a sell signal at 199.38 (after chanel retracment), let see...
I didn't enter that Sell actually. I do use one of my own rule, and that is the H1 has to close below the session daily pivot for me to enter in this case if the pivot is the last to confirm for entrance. I don't use M15 closing for the pivot entrance as how Aus showed it on his example chart. Reason is, I've seen way too many times which price will go below the session daily pivot, and M15 did close below it, however, H1 at times would go back up and close above it, that then to me means it wasn't broken, therefore, no trade. If this past hour candle would have closed below the session daily pivot, I would have entered sell at start of new hourly candle since everything else confirmed, however, it went back up and closed above it during the last 3 minutes of the hour candle.
  • #2,050
  • Apr 16, 2008 8:41am Apr 16, 2008 8:41am
Yo, is this thread dead or theres no more Auslanco/qqe traders around? Come join me and lets make it alive again.

Im trading m5/m15 but watching higher tf's as well.

Peace

Ps. mostly trade Geppy, watch UJ and Cable for conformation.
  • #2,051
  • Apr 16, 2008 9:22am Apr 16, 2008 9:22am
Quoting belekas
Yo, is this thread dead or theres no more Auslanco/qqe traders around? Come join me and lets make it alive again.

Im trading m5/m15 but watching higher tf's as well.

Peace

Ps. mostly trade Geppy, watch UJ and Cable for conformation.
Hello, nice to see you here. I'm not sure what happened to everyone, they just kind of left I guess, or maybe too busy to post. I'm still trading QQE anyways. I use Daily, H1 and M15 for entrance/exit. Mainly using Aus's M15 strategy with a little bit of my own rules as well. Hopefully more will start posting here again...
  • #2,052
  • Edited 11:51pm Apr 16, 2008 7:05pm | Edited 11:51pm
Sorry, I made a mistake for the session daily pivot settings.

Alpari should be of the following:
o Tokyo = 2
o London = 9
o New York = 14

• IBFX Values:
o Tokyo = 0
o London = 7
o New York = 12
  • #2,053
  • Apr 16, 2008 7:10pm Apr 16, 2008 7:10pm
I entered a Buy during NY @200.47 when the hour closed above the 200ema line and everything else confirmed for Aus's M15 strategy (about 2 hours before suggested trading hours are over for this strategy). I have readjusted the pivot to Tokyo now that it has opened, which gives me 200.28 for its Session Daily Pivot, and 201.43 for its R1, which is now my readjusted TP for this trade. Will readjust again when London opens to its next Resistance line if this TP is not reached by then. Also because the TP is over 60 pips, I've placed TS of 60.
  • #2,054
  • Apr 16, 2008 9:07pm Apr 16, 2008 9:07pm
[quote=indio;1953348]
Quoting Nobitacu
Let's do what we can to revive it then.

Im whith you, this tread must be revived...
It was a good reference to the ones that follow Aus 15´Strategy. By the way do you have any ideas why Auslanco had left trading this strat...( at least he stop producing signal at his private service).

Happy to see you here
best regards Fer.
Aus left because of all the chatter and people asking him for "when to get in, when to get out, do i get in now, etc" instead of learning the strategy and reading the thread to get caught up on what is going on. He now has his own private trading room and is on from Asia start to mid London.

He still posts here and on Karmos and other threads from time to time.
Trade what you see, not what you think.
  • #2,055
  • Apr 16, 2008 9:25pm Apr 16, 2008 9:25pm
[quote=maestr2;1955337]
Quoting indio

Aus left because of all the chatter and people asking him for "when to get in, when to get out, do i get in now, etc" instead of learning the strategy and reading the thread to get caught up on what is going on. He now has his own private trading room and is on from Asia start to mid London.

He still posts here and on Karmos and other threads from time to time.
Ah... Yea, that's true, if one want to trade Forex, then learn how to trade themselves, and not always ask others to babysit them. Isn't it a better feeling anyways to be able to make your own decisions and not be blinded or thrown off by other's decision? Learn to trust our own chart, that's what's most important if anyone wants to succeed in this challenging world of Forex trading.


"Doubt yourself, and you doubt everything you see. Judge yourself, and you see judges everywhere. But, if you listen to the sound of your own voice, you can rise above doubt and judgment, and you can see forever."
  • #2,056
  • Apr 17, 2008 12:08am Apr 17, 2008 12:08am
GM, nice to see you too "N". Lets see what Frankie open brings us today
  • #2,057
  • Apr 17, 2008 12:46am Apr 17, 2008 12:46am
Well, my 201.43 TP was hit, trade now closed. Waiting for Frankfort and London now to enter a new position.
  • #2,058
  • Apr 17, 2008 4:36am Apr 17, 2008 4:36am
Quoting Nobitacu
Let's do what we can to revive it then.

As for me, Aus's M15 Strategy confirmed at 05:31 GMT for a Sell, which I entered @198.82 with SL 60 pips and TP at next support line minus spread and TS of 60 pips. My Session Daily Pivot is set for London @198.66. *Edit* trade closed by hitting TS adjusted SL at +7 pips.

How I went about this Sell trade:

1. On the Daily chart, Is the price Below the 5sma Line? *Yes*

2. On the H1 chart, the price Below the 100sma Line? *Yes*

3. Is the price Below the Session Daily Pivot Line? *Yes*

4. On the M15 chart, did the price cross Below the MT4_LevelStop_Reverse (dotted pink line) and Sell arrow has appeared? *Yes, it has for awhile*

5. On the M15 chart, is the price Below the TFT (Gann HiLo) Line? *Yes*

6. On the M15 chart, has the QQE5 crossed Below the dotted line, and crossed Below the 50 line? *Yes*

7. If all above confirmed, ENTER as soon as the QQE 60 crosses Below the dotted line. *crossed and entered @05:31 GMT*

8. Set TP/SL/TS value. You can either use 60 pip for SL, or 10 pips above the LSR line at the time of entrance for Sell, or 10 pips below the LSR line for Buy.

You may choose to reenter a new position if all above still confirms, and QQE5 re-crosses down Below the dotted line.

***Do all of the above the other direction for Buy***

****Emergency Exit****
Exit as soon as QQE60 crosses the dotted line in the opposite direction! As the trade now has a lower chance of winning, and higher chance of hitting SL with the trend possibly reversing the other direction!

*****No Trade Rule*****
No trade if all doesn't confirm! Also, for example: if QQE60 crosses up for Buy, but price is still below the 5sma line on Daily or 100sma line on H1, that's a NO TRADE, as there are still chances the QQE60 will re-cross back as the overall trend is still in a bear trend.

Just wanted to mention that the confirmations doesn't have to confirm in that order, it could be in different orders as long as in the end all confirmation confirms.

There you have it everyone,

Nobita
I am glad if you can post aus 15 strategy templates/indicators for MT4....
I want it from you..post it because I ve download from varies source including pwnenterprise.....but dont work....please post it for me and make sure you have try it first to prevent error setting and then save it as template and post it along with its indicator.......im hoping for you..please help me

im also glad this thread has revived..congrat
  • #2,059
  • Apr 17, 2008 5:24am Apr 17, 2008 5:24am
Well, I'm done for today. I entered Buy @201.62 when QQE60 crossed up with TP at R1 line of 201.97 and SL of 201.02. So +35 pips for me today, not bad, and GJ is still going up like crazy, up another 70 pips since I closed my long lol.
  • #2,060
  • Apr 17, 2008 5:30am Apr 17, 2008 5:30am
Quoting B@by trader
I am glad if you can post aus 15 strategy templates/indicators for MT4....
I want it from you..post it because I ve download from varies source including pwnenterprise.....but dont work....please post it for me and make sure you have try it first to prevent error setting and then save it as template and post it along with its indicator.......im hoping for you..please help me

im also glad this thread has revived..congrat
Hello, I could post it, that's not a problem, however, the settings for the Session Daily Pivot, which you must change in according to the session you're trading in, (mainly London if you follow the trading hour rules of this strategy, which I highly recommend you do), is different with each broker, since it has to be adjusted in according to what the broker's server hour is when that market opened. My template is set to server hours of Alpari starting London session. I do however also have the settings for IBFX which I posted few post back.
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