Auslanco - GBP/JPY and GBP/USD (newstrade)
15 min rsx is really low .. i see some form of up move in Asia. However the ES ended up ... so nikkei could gap and often as that gap closes to down side gj tends to move down with it.
newer traders note this .... the use of zones. I have often spoken to new traders that say support is 155.6578790 ..lol ( ok that is an exageration) , support is in the 155.5 zone ( meaning that within a percentage of the exact number you should be looking for reversals) .
I forgot this simple rule last night in London session when Gj came down to 155.85 , but pivot low was 155.67 . I was expecting price to hit exactly support. I had 20 lots on 2 trades both with nice profit and stops set at break even , what was a 120...
What up my peeps!
MA_of_RSX_v3
This RSX allows the setting of either user-defined overbought /oversold RSX alert levels OR allows alerts for RSX cross up / down. Won't work for both types of alerts set to true.
The chart below, shows an example of the alert. Don't mind how the rsx looks in the chart, the strategy tester can't handle it. It will render properly on a live chart.
This RSX requires all the files _v2 required, so if you don't have _v2 and related Jurik files you won't be able to use this one.
That...
What up my peeps!
MA_of_RSX_v3
This RSX allows the setting of either user-defined overbought /oversold RSX alert levels OR allows alerts for RSX cross up / down. Won't work for both types of alerts set to true.
The chart below, shows an example of the alert. Don't mind how the rsx looks in the chart, the strategy tester can't handle it. It will render properly on a live chart.
This RSX requires all the files _v2 required, so if you don't have _v2 and related Jurik files you won't be able to use this one.
That...
What up my peeps!
MA_of_RSX_v3
I started da mantra ...........Ommm chantee.........omm reeng..........going on bad start to week threw me out ..... been making stupid mistakes all week.
Hey Buddy
You are one of the best traders..........if you are going to think like that..........I don't know person like me who loose majority of time .......stick to trading............
let me chant some "mantra" so you get good Karmha for the day............
it is volume weighted average price .... it acts as magnet for price , like a 50 sma does , eventually price has to come back to it , or it has to catch up with price.
