GBP/JPY for QQE Traders! | Page 106 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/JPY

Similar Threads

QQE on metatrader 0 replies

QQE Gann Indicator 1 reply

qqe help 3 replies

QzFX vs. QQE 5 replies

QQE and Gann Hi Lo Indicator 3 replies

Attachments: GBP/JPY for QQE Traders!
Exit Attachments

GBP/JPY for QQE Traders!

  • #2,101
  • May 5, 2008 2:40am May 5, 2008 2:40am
Quoting Nobitacu
Your LevelStop_Reverse values needs to be corrected I believe. You need to set the values to 40, 28, 2.75. Everything else on you M15 charts looks correct.
Just so ensure that I get set these values correctly, please confirm which value (40, 28, 2.75) goes with which variable.

Below is what the default LevelStop_Reverse indicator has provided.

Thanks
Rob
Attached Image
  • #2,102
  • May 5, 2008 2:44am May 5, 2008 2:44am
Quoting priceaction
Just so ensure that I get set these values correctly, please confirm which value (40, 28, 2.75) goes with which variable.

Below is what the default LevelStop_Reverse indicator has provided.

Thanks
Rob
That would be: NonATRStopPips = 40, ATRPeriod = 28, ATRMultiplier = 2.75
  • #2,103
  • May 5, 2008 2:47am May 5, 2008 2:47am
Also... As I've mentioned before, this strategy is not fail prove, there isn't such strategy, so if a trade loses, it loses, it happens, just have to pick yourself up and try another day. Today I would consider more risky and unstable due to London banks being closed. I usually don't like to trade on holidays, but if I do, it would only be half the lot size I usually would use to be on the safe side.
  • #2,104
  • May 5, 2008 2:50am May 5, 2008 2:50am
Quoting Nobitacu
That would be: NonATRStopPips = 40, ATRPeriod = 28, ATRMultiplier = 2.75
Excellent. Thanks for that.

I have a dedicated demo account for this method so it will be interesting to see what the results will be.

I shall publish after 20 trades.

Rob
  • #2,105
  • May 5, 2008 2:51am May 5, 2008 2:51am
Quoting priceaction
Excellent. Thanks for that.

I have a dedicated demo account for this method so it will be interesting to see what the results will be.

I shall publish after 20 trades.

Rob
Sounds great.
  • #2,106
  • May 5, 2008 11:55pm May 5, 2008 11:55pm
I ll try to find an oportunity today, waiting for London opening.
Price below 5 MA and above 100 MA at the moment... no window.
the market is not random but anything can happen.
  • #2,107
  • May 6, 2008 12:34am May 6, 2008 12:34am
Quoting Nobitacu
That would be: NonATRStopPips = 40, ATRPeriod = 28, ATRMultiplier = 2.75
I would also set the arrow to 5 ....to make sure that you see it on your chart.
Life's a bitch....so be a dog and cover it!
  • #2,108
  • May 6, 2008 3:29am May 6, 2008 3:29am
Quoting dogbreath
I would also set the arrow to 5 ....to make sure that you see it on your chart.
Good tip, thanks.
  • #2,109
  • Edited 3:58am May 6, 2008 3:32am | Edited 3:58am
Sell confirmed. To be safe however, I would wait for H1 to close below the 200ema line, then enter from there. If it's too close to first support line, you might want to wait and see if it can break and close below the first support as well then just set TP at second support, or you can take small TP at first support. Or if you already entered, watch the price action to see if it breaks through if you're aiming for the second Support line for TP, if it's having a hard time breaking through and closing below it, you can choose to close it, or just watch it very closely, if it breaks through, then see if it hits second TP, set the TS at 60 and go to sleep if you like.

Just want to note that if you used the rules set by Aus, then you would have entered the Sell already when QQE60 crossed down, about 50 pips ago. I'm aiming for the second support line now minus spread for my TP with TS set at 60.
  • #2,110
  • Edited 3:04am May 7, 2008 2:27am | Edited 3:04am
Just wanted to drop by and mention a sell was confirmed right at london open so you guys can see it on your chart how it confirmed to learn it. My tp was placed at S1.

Wow... very ranging month so far... up and down this week, very tough to trade.
  • #2,111
  • May 7, 2008 2:28pm May 7, 2008 2:28pm
Only 1 trade today : Short @ 205.94 TP at 205.42.
Entered when QQE 5 crossed and exit just above S1.
Until now 3 trades and 3 good one not bad.
the market is not random but anything can happen.
  • #2,112
  • May 8, 2008 6:02am May 8, 2008 6:02am
Quoting vspatrick
Only 1 trade today : Short @ 205.94 TP at 205.42.
Entered when QQE 5 crossed and exit just above S1.
Until now 3 trades and 3 good one not bad.
Good job!
  • #2,113
  • May 8, 2008 4:42pm May 8, 2008 4:42pm
QQE , heiken ashi, Jurik shows Buy for GJ, EU and GU ..going full throttle with hugs buys, perfect align in EU and GU for buy after a week of downside.

good luck
  • #2,114
  • May 9, 2008 11:02am May 9, 2008 11:02am
My trade number 4, still a wining one.
Entered today 201.80 and took my profit Just above S1 at 200.84.
I was a bit late, I didn't entered exactly when QQE 5 crossed down but just a bit later.

In real trading, I would have just reached my performance objectives for the month and stopped trading until next month.

This system is quite amazing !!!

So from what I understander from what spiderforex just said, next week should be bullish for GPBJPY ?
the market is not random but anything can happen.
  • #2,115
  • May 10, 2008 8:25am May 10, 2008 8:25am
Hi all it is my 1st time to post in forex factory forums and i hope I can find some answers to my questions about AUS qqe trades

1_ Do the selling or buying arrow must occur before the qqe5 or qee60 crossing to take the trade or it could show after ?

2_ what is the maximum acceptable bars distance between the arrows and qqe's crossing to take the trade ? coz some times I see the arrow and after 2 hours lets say the qqe's crossing occurs (im talking about the 15 min stratigy)

3_ why some times i see 2 selling or buying arrows ?

I have all the setting done ass recomended in AUS WEBSITE
PLEASE HELP
  • #2,116
  • May 11, 2008 4:55am May 11, 2008 4:55am
Here is my new chart...
Attached Image (click to enlarge)
Click to Enlarge Name: all in one1.gif Size: 43 KB
  • #2,117
  • May 12, 2008 2:07am May 12, 2008 2:07am
Quoting B@by trader
Here is my new chart...
Haha, nice job, if only I don't use fibos on other time frames, otherwise I would do the same as you.
  • #2,118
  • May 12, 2008 2:12am May 12, 2008 2:12am
Quoting networker
Hi all it is my 1st time to post in forex factory forums and i hope I can find some answers to my questions about AUS qqe trades

1_ Do the selling or buying arrow must occur before the qqe5 or qee60 crossing to take the trade or it could show after ?

2_ what is the maximum acceptable bars distance between the arrows and qqe's crossing to take the trade ? coz some times I see the arrow and after 2 hours lets say the qqe's crossing occurs (im talking about the 15 min stratigy)

3_ why some times i see 2 selling or buying arrows ?

I have all the setting done ass recomended in AUS WEBSITE
PLEASE HELP
Hello ^^

1. It could show after, as there isn't a set order of when everything confirms for a trade, but as long as everything confirms in the end.

2. If the arrow is the last to confirm, then it's the last to confirm to enter the trade, it matters not how far apart they are from what I understand, however, you do want to try to only trade during the recommended time period.

3. You know... I'm not sure since I didn't code this indicator. However, you just need to know that as each time a price breaks above or below the pink dotted line and closes above/below it, the arrow appears, so that's all you're looking for with this indicator.

Hope this hopes.
  • #2,119
  • May 12, 2008 2:18am May 12, 2008 2:18am
Quoting vspatrick
My trade number 4, still a wining one.
Entered today 201.80 and took my profit Just above S1 at 200.84.
I was a bit late, I didn't entered exactly when QQE 5 crossed down but just a bit later.

In real trading, I would have just reached my performance objectives for the month and stopped trading until next month.

This system is quite amazing !!!

So from what I understander from what spiderforex just said, next week should be bullish for GPBJPY ?
This system works as long as you take your time to learn it and try to follow its rules haha. As for this week, seeing what happened last week, I would say bullish has a higher chance for this week as well, but well see.
  • #2,120
  • May 12, 2008 7:35am May 12, 2008 7:35am
thanks alot Nobitacu
you are da best ..
1 trader viewing now