Auslanco - GBP/JPY and GBP/USD (newstrade)
- #159,683
- Feb 11, 2009 6:01pm Feb 11, 2009 6:01pm
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
- #159,684
- Feb 11, 2009 6:05pm Feb 11, 2009 6:05pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
posting overload tonight ..lol .... I love trading.
well
rsx 10 with 2 sma
50 sma
14 wma
8 and 4 ema
volume
daily fib pivots ( use as ' battle lines' of support and resistance)
candles
price action
I kind of put them all together without really thinking. More than indies or anything MM is key.
for example ...
here is 5 min chart ... traded short .. knew daily fib pivot was at 129.50 , shrt off 129.80 , saw a little bullish div forming as we came in to the dail;y fib pivot , so closed trade. Tokyo online in 20 min , trnd is down ....
damn it worked .. got the short off 50 sma 129.8 .. retest 129.50
when I plan these things normally it all goes sideways on me
NOte the only reason I post these trades is to show the newbies how trades can be set up and how they play out. I do not advocate newbie traders to trade off 5 min charts. But if you trade 60 min or 30 min charts these same principles apply to it , they take longer to play out and hence give you more time to think and plan and watch the price action
Blogging daily now at www.volume.zone
- #159,688
- Feb 11, 2009 6:19pm Feb 11, 2009 6:19pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
I cannot get into the code for the QQE
turns out the QQE and the rsx is the same thing !!! look at the indies
now how do we chnage the setting for the signal line on the qqe ... right now the onei n there is to lose. Half the move is over before we get the qqe crossing the signal line.
turns out the QQE and the rsx is the same thing !!! look at the indies
now how do we chnage the setting for the signal line on the qqe ... right now the onei n there is to lose. Half the move is over before we get the qqe crossing the signal line.
Blogging daily now at www.volume.zone
- #159,689
- Feb 11, 2009 6:21pm Feb 11, 2009 6:21pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #159,692
- Feb 11, 2009 6:29pm Feb 11, 2009 6:29pm
- Joined Sep 2006 | Status: Collector | 9,833 Posts
here is how does works:
- Create an exponential MA of RSI with user- defined period (default 5)
- Create the 14 period ATR indicator based on EMA of RSI
- Create the 2 trailing stop lines
- FAST: trailing stop is the ATR smoothed with 14 period wilders smoothing function multiplied by 2.618
- SLOW: trailing stop is the ATR smoothed with 14 period wilders smoothing function multiplied by 4.236
That it is: EASY and SIMPLE .... 
- #159,693
- Feb 11, 2009 6:30pm Feb 11, 2009 6:30pm
here is how does works:
- Create an exponential MA of RSI with user- defined period (default 5)
- Create the 14 period ATR indicator based on EMA of RSI
- Create the 2 trailing stop lines
- FAST: trailing stop is the ATR smoothed with 14 period wilders smoothing function multiplied by 2.618
- SLOW: trailing stop is the ATR smoothed with 14 period wilders smoothing function multiplied by 4.236
That it is: EASY and SIMPLE ....
