Well, different feeds strike again. My 4H candle doesn't close until 01:00 GMT. Right now I have a double high forming on the 4H and if it continues down, it may end up being a double bar high lower close. Also, no 4H 5SMA retrace yet for me. I ...

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

My 4H candle just closed and the QQE is crossed up, but the candle closed just above the TFT line. Not a totally convincing bull signal in my opinion. The 1H QQE is crossed up and above 50.

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

That's not actually a bad idea at all. It would be nice if there could be a chatroom associated with the thread. Then people could chatter all they want, but just post relevant data to the forum thread.

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

No, typically when the Dow Jones goes up, so does the GBP/JPY. Careful with your shorts. It might just not be as bad a day on the US stock market as everyone is hoping.

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

Dow Futures are at +47 right now. That's up from +16 about an hour ago. url

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

Is that because the 1H momentum turned down?

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

Wow, that's deep. So maybe this daily 5 SMA retrace we are waiting on is really just a retrace from a larger time frame's 5 SMA. How far can it go? I think my head will explode just thinking about it.

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

Wow, so it's a mini 5SMA retrace within a 5SMA retrace...

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

What do you think Markam? — Is London going to come in and smash our dreams of a daily retrace?

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

Somebody call Karmo in Munich and have him wake up the bulls

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

Ok, that last 1H bar closed above the TFT and I've got the QQE crossed up.

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

See post 17581

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

So, do you mean the 1HR QQE crossing up bullish and over 50 to indicate the retrace?

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

Looks like maybe it was just a 4H 5SMA retrace.

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

Yes, that's true. I'm on the Alpari demo server which starts the day at 22:00 GMT and it shows the momentum up on the daily.

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

Auslanco, I have a question. My daily bar opened on Alpari about 3 1/2 hours ago at 22:00 GMT. I'm trying to learn about the momentum indicator. I've attached a screenshot. The momentum on the daily chart is pointing up but still less than the zero ...

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

Momentum with zero line — Attached is a minor change to the default MT4 momentum to move the 100 line to zero to make it more in tune with VT. Other than that change, it is pretty much the same as the default except for using the built-in ...

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

I wonder if the bull man might have something to say about that

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

Now I've got it bouncing off a cross of the TFT and the 100ma on the 1H.

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

No need to apologize man. We're all here to learn.

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