Yup . . . good job!

Daily/Intraday Momentum Analysis

Thanks. So in that case, the 1C is basically comparing the close price of the previous bar against the opening price of the new one, if it's checked immediately after the new one has formed. Hmm . . .

Daily/Intraday Momentum Analysis

Aus, If momentum signifies the difference between current price and the price a certain number of candles ago, which candle close price are we comparing to current price when looking at the 1C momentum? In case this helps, here’s an enlarged daily ...

Daily/Intraday Momentum Analysis

Look for "Quantitative Qualitative Estimation"

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

I know Aus answered this question already, and what he said is true: you should use the actual session start time. But just so there's no misunderstanding, it's also true that both the US and UK have recently moved back to standard time for the ...

Daily/Intraday Momentum Analysis

UJ seems to be recovering. I'm less sure about GU.

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

Okay, thanks for the clarification. I might need to brush up on the 4hr/1h.

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

226.24

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

Interesting theory. So you'd basically have a "30min/1hr strategy", if I understand it right. Seems worth testing, if you get a chance. A nice example of creative thinking, regardless of the outcome.

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

15min Trade Exit Question — A question came up the other day on the main thread about exiting a trade based on the QQE5 crossing over. It took me awhile to realize the true issue, but it turned out to be two different views about the type of ...

Auslanco 15min GBP/JPY startegy

Well, remember what Karmo likes to say . . .

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

I hear you! I might just call it day, and let the market do it's thing for now.

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

url

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

The 5sma's have moved way lower. Might be able to catch a 1hr 5sma, if you're still inclined for a short.

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

The pre-news price drop screwed me up. I was able to scalp 107 pips with three different quick shorts. But that was risky and not what I was hoping for. Could have been burned bad. I was hoping for a nice proper 15 minute trade. There's still a ...

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

It might need a little more upside than 229.40 to convince me, but not much. If price breaks out either direction after news, it should keep going long enough to keep everyone happy. Let's hope there's some kind of surprise, either way!

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

I just checked the daily pivot, and it's 229.71 now. So price is about 100 pips below that. The 1hr QQE is bearish (barely), and the 15min indicators are mixed, but mostly bearish. I still see things leaning toward the bearish side, but they don't ...

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

Hi Karm. I hope you're right, I'd prefer to go long today. What's your reasoning behind the weekly 5sma retrace, though?

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

There's a web site now with the instructions: http://www.pnwenterprises.com/auslanco/15minstrategy.htm But here's a document, if you prefer: url If you're using MT4 you'll need a bunch of downloads. This is a good place for them: ...

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

The down arrow finally made it, and the candle it appears above has closed. So the arrow will stay on the chart. If price had moved back above the "trailing stop level" line before the 15min candle closed, the arrow would have disappeared. Now ...

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