no arrow, no trade

Auslanco - GBP/JPY and GBP/USD (newstrade)

yep....weekly, daily, 4H, 1H all opening above the SMA's....long term sentiment definitely looks bullish at the moment.....

Auslanco - GBP/JPY and GBP/USD (newstrade)

according to the 15min trade on Friday....you've only moved 50% of your expected 1st TP....especially with the latest news out of Japan....looks to be heading south a bit more.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Tokyo coming back from lunch in 15min.....hope they ate well

Auslanco - GBP/JPY and GBP/USD (newstrade)

right, what I was asking was... would you use the current 30min TF QQE(5) as an early indication to exit the trade.....if its lookin like its going against you.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Aus, for the 15min strategy, although we haven't seen a reveral signal yet, but the 30min is beginning to cross back up....could this be an early indication....or jumping the gun?

Auslanco - GBP/JPY and GBP/USD (newstrade)

i think he's refering to a retrace on the 1min chart so you can catch a good entry on the 5sma

Auslanco - GBP/JPY and GBP/USD (newstrade)

the 1min is your trading window...so you would use the QQE Alert along with the arrow and dot as your signal....enter at the 5sma.....Aus is only using the QQE (5) as a confirmation on the 5min TF.

Auslanco - GBP/JPY and GBP/USD (newstrade)

.....yes....i know....why ask why.....just trade the damn thing.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Aus, on a technical standpoint, its clear the dots refer to the QQE Alert crossovers....what do the arrows refer to?

Auslanco - GBP/JPY and GBP/USD (newstrade)

the 5min confirmation didn't happen till 21:50EST ( by confirmation, i'm refering to the arrow and dot on the 5min TF)....so i'm assuming you're refering to a QQE(5) crossover on the 5min as the confirmation Aus?

Auslanco - GBP/JPY and GBP/USD (newstrade)

Aus, Are you using the 1min as an early confirmation for the 15min for this strategy or each on there own? thanks.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Aus, do the two signals(arrow and dot) have to be on the same bar....if not, how far apart is acceptable ?

Auslanco - GBP/JPY and GBP/USD (newstrade)

Aus, do the two signals(arrow and dot) have to be on the same bar....if not, how far apart is acceptable ?

Auslanco 15min GBP/JPY startegy

i figure, since the 15min only had done 50% of its movement (total 240 pips) since last signal...i got in for a sell @233.20 near the current 5sma and lets see if we can take 80 to 100 pips for the remainder of the ride down.....

Auslanco - GBP/JPY and GBP/USD (newstrade)

love the 15m strategy....and implimenting it on the 1min is even better... looking at the 1min....had a signal just recently and it definitely tested the stop loss and may have even hit it....maybe its better to keep a mental stop loss 5 pips or so ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

4H retraco is complete....should be coming back down again soon.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Good morning guys... Great trading last night, woke up to a nice profit, although it nearly hit my SL by 10 pips. yes, Karmo....the calm before the storm....looks like we're gearing for a big movement before the long weekend

Auslanco - GBP/JPY and GBP/USD (newstrade)

Aus, would you say the weekly looks alot like the set up back in mid March and the new daily opening above the 5SMA....looks like a strong bullish sentiment...especially with 4hr like you said.

Auslanco - GBP/JPY and GBP/USD (newstrade)

no we're sitting on the daily 5SMA now.....and going long or short before 1600EST is a bad call either way my friend....time to sit on the sidelines, i think.

Auslanco - GBP/JPY and GBP/USD (newstrade)