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The gg53 "Killing Zone"

  • #601
  • Oct 18, 2012 5:59am Oct 18, 2012 5:59am
G, Now all the pieces of the puzzle takes sense to me. Excellent work, excellent logic on market (economy) fundamentals , can´t wait for Gadi_currencies !
Humble & Kalcker CLO2 = Covid killer
  • #602
  • Oct 18, 2012 6:07am Oct 18, 2012 6:07am
...and here is the promissed pullback, live...
The GBPJPY cries "we want back home... It's too high up here...".

A very simple and logical prediction and another ~+10 pips to my bank manager.

G.
Attached Image (click to enlarge)
Click to Enlarge Name: spaghetti8.gif Size: 39 KB
  • #603
  • Oct 18, 2012 6:13am Oct 18, 2012 6:13am
Quoting logic38
Hi gg53 my CCFp looks so different, to yours, Attachment

This is using the indicator from the link that you directed us to, is there any reasons for this.
Regards Logic38
logic38,

Eaglepip mentioned the cluster indicator so I pointed you to the relevant article (and it's a good one).

Gadi_Currencies is different from the CCxxx indicators.
Sorry if the link mislead you.

G.
  • #604
  • Oct 18, 2012 6:15am Oct 18, 2012 6:15am
Quoting gg53
logic38,

Eaglepip mentioned the cluster indicator so I pointed you to the relevant article (and it's a good one).

Gadi_Currencies is different from the CCxxx indicators.
Sorry if the link mislead you.

G.

I like your training. Thank you for your work and for your help.
t.me/mrt141184
  • #605
  • Oct 18, 2012 6:20am Oct 18, 2012 6:20am
Quoting magistr91
I like your training. Thank you for your work and for your help.
magistr91,

Thanks for your kind words.
I'm glad that you enjoy it.

G.
  • #606
  • Oct 18, 2012 6:31am Oct 18, 2012 6:31am
Same as GBPJPY - Watch the GBPUSD - same thing going there right now.

G.

Edit:
And look for the SweetSpot on GBPUSD of 1.61600...
  • #607
  • Oct 18, 2012 6:58am Oct 18, 2012 6:58am
We already mentioned the CORRELATION between currencies in the first and second "spaghetti" posts.

Here is your chance to double your money with almost no risk.

We showed that the USD & the JPY are highly correlated.
Just check the Gadi_Currencies indicator when you trade to confirm that the CORRELATION is still valid.

In our latest trade (GBPJPY - a few minutes ago) the correlation between the USD & JPY is very much valid.

So at the same time that you BUY GBPJPY you can also BUY the GBPUSD.
And on the pullback SELL GBPJPY and also the GBPUSD.

The result is more than double your green pips...

G.
Attached Image (click to enlarge)
Click to Enlarge Name: spaghetti9.gif Size: 33 KB
  • #608
  • Oct 18, 2012 7:59am Oct 18, 2012 7:59am
To answer a few PM's:

A CORRELATION between currencies is defined by the DIRECTION of movement of each currency and not by the distance between them.

G.
  • #609
  • Oct 18, 2012 8:11am Oct 18, 2012 8:11am
Please share Gadi_Currencies 2.2
t.me/mrt141184
  • #610
  • Oct 18, 2012 8:43am Oct 18, 2012 8:43am
Quoting gg53
...and here is the promissed pullback, live...
The GBPJPY cries "we want back home... It's too high up here...".

A very simple and logical prediction and another ~+10 pips to my bank manager.

G.
gg53, thank you for spaghetti style and I have question about it. How do you define levels in currencies indicator, that currency is in oversold/overbought area?
  • #611
  • Oct 18, 2012 8:45am Oct 18, 2012 8:45am
Quoting magistr91
Please share Gadi_Currencies 2.2
I will. need to make it display two TF in one indi.
Also need to update the Volume indicator - the colors are confusing people.

Soon, promise...

G.
  • #612
  • Oct 18, 2012 8:48am Oct 18, 2012 8:48am
Quoting altoronto
gg53, thank you for spaghetti style and I have question about it. How do you define levels in currencies indicator, that currency is in oversold/overbought area?

My Gadi Currencies does it automatically.

G.
  • #613
  • Oct 18, 2012 8:52pm Oct 18, 2012 8:52pm
Quoting logic38
Hi gg53 my CCFp looks so different, to yours, Attachment

Regards Logic38
Logic38,
You could try adjusting the parameters. It is possible to get almost the same as gg's chart with these settings:
MA method: 3
Price: 5
Fast:2
Slow: 3
EP
  • #614
  • Edited Oct 19, 2012 7:04pm Oct 18, 2012 11:45pm | Edited Oct 19, 2012 7:04pm
I think the G8 USD v1.1 indi found in this thread looks very similar.

http://www.forexfactory.com/showthread.php?t=212301&page=67

Cheers
Harry
  • #615
  • Oct 19, 2012 1:35am Oct 19, 2012 1:35am
Quoting EaglePip
Logic38,
You could try adjusting the parameters. It is possible to get almost the same as gg's chart with these settings:
MA method: 3
Price: 5
Fast:2
Slow: 3
EP
Thanks EaglePip I will give that a test
  • #616
  • Oct 19, 2012 6:50am Oct 19, 2012 6:50am
If you trade the movement of the extreme lines back to the centre then you are essentially counter trend trading the strongest trending currency in that timeframe. This doesn't seem like a sensible trade to me GG. if you wait until after the lines converge and then start to diverge again - you would be taking a trade back into the direction of the trend.

To be honest i have always struggled to obtain any consistent success using the various relative strength meters available.
Enter Signature
  • #617
  • Oct 19, 2012 8:51am Oct 19, 2012 8:51am
Quoting Sarythsaya
f you wait until after the lines converge and then start to diverge again - you would be taking a trade back into the direction of the trend.
In # 598 GG does mention trades with trend and refers to "Correct cross" where slope is at a sharp angle. See the attached chart.
As an exercise to better understand the procedure, have been looking at EJ the current out of balance pair.
Have used the G8 Indic from the Fibonnaci Trading link suggested by Harry123 in post #614.
Added the fibs used there as they help to track retracement.
Going back to the previous currency divergence its clear that the main move is when the indicators cross.
In the Fibonnaci thread, a retracement to the 61.8% level is suggested as the entry and it appears to be setting up for another "cross"
EP
Attached Image (click to enlarge)
Click to Enlarge Name: ej.gif Size: 52 KB
  • #618
  • Oct 19, 2012 10:01am Oct 19, 2012 10:01am
Quoting Sarythsaya
If you trade the movement of the extreme lines back to the centre then you are essentially counter trend trading the strongest trending currency in that timeframe. This doesn't seem like a sensible trade to me GG. if you wait until after the lines converge and then start to diverge again - you would be taking a trade back into the direction of the trend.

To be honest i have always struggled to obtain any consistent success using the various relative strength meters available.
Sarythsaya,

The "cross" is roughly the middle of the trend.
You should start when the pair is at both extremes and end when either one or both start to diverge.

I'll present some screenshot later on.

G.
  • #619
  • Oct 19, 2012 10:06am Oct 19, 2012 10:06am
Quoting EaglePip
In # 598 GG does mention trades with trend and refers to "Correct cross" where slope is at a sharp angle. See the attached chart.
As an exercise to better understand the procedure, have been looking at EJ the current out of balance pair.
Have used the G8 Indic from the Fibonnaci Trading link suggested by Harry123 in post #614.
Added the fibs used there as they help to track retracement.
Going back to the previous currency divergence its clear that the main move is when the indicators cross.
In the Fibonnaci thread, a retracement to the 61.8%...
EaglePip,

Good job !
You save me the trouble to post screenshots...

As you can see - the trend start when the pair start to converge and the cross come much later.

G.
  • #620
  • Oct 19, 2012 10:42am Oct 19, 2012 10:42am
Cross vs. Convergence...

G.

Edit: This one is using the G8 indi suggested by eaglepip.
THIS IS NOT MY INDICATOR - Although convergence vs. cross will show advantage to the convergence in my indi too.
Attached Image (click to enlarge)
Click to Enlarge Name: cross.gif Size: 30 KB
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