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- Kev-K replied Aug 28, 2007
If 30M and 1HR cross 30 (oversold) and recross down . . . bearish If 1HR crosses above 30 (oversold) . . . then we retrace to Daily 5sma? +340 pips? If 4HR QQE cross upwards as well (above 50 line?) . . we reverse to LONG bias? My tiny brain is ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Kev-K replied Aug 28, 2007
Mt4 Daily . . . — MT4 Daily . . . image
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Kev-K replied Aug 28, 2007
Anyone can answer . . . Daily 5sma = 231.69 When you mention 1HR QQE "crosses-up" . . . do you mean over the 50 line? . . . OR crosses over the 255,255,255 dotted indicator? Sorry for the very basic question. NEWBIES! Regards, K Currently 1HR MT4 is ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Kev-K replied Aug 28, 2007
Like anything new . . . feels like I'm walking a tight rope with a noose around my neck! :-) Obviously, I know NOTHING! :-) Regards, K
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Kev-K replied Aug 28, 2007
Newbie . . . 2nd trade ever . . . SHORT @ 228.13 Charted and waited for resistance at 30MIN sma (228.20)
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Kev-K replied Aug 28, 2007
Do I have this right . . . the 30 MN sma = +/- 228.23 (@24 minutes past the hour) Regards, K
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Kev-K replied Aug 28, 2007
1st trade — SHort at 228.75 . . . STOP is 229.25 . . . LIMIT is 228.42 Any suggestions about either appreciated! Hope my little account can withstand this FREIGHT TRAIN! Thanks! K
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Kev-K replied Aug 28, 2007
Newbie . . . 1st trade . . . SHORT at 228.75 Regards, K
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Kev-K replied Aug 28, 2007
Anyone . . . Does 30 Mn retracement mean that price should retrace to the CURRENT value of the 30 minute 5sma? Thanks in advance K
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Kev-K replied Aug 28, 2007
Idea — Chris001, RE: GBP/USD, GBP/JPY, EUR/JPY, EUR/USD, and AUD/USD Perhaps, we should go back and re-evaluate (compare) good SIMPLE trades with the Daily to "EMA20-to-EMA50" relationship? The mistake yesterday may be something "simple" . . . ...
Simple Daily System
- Kev-K replied Aug 28, 2007
Looks to be right . . . SIMPLE candles looked good however . . . LONG: EMA20>EMA50 SHORT: EMA20<EMA50 Regards, K More later
Simple Daily System
- Kev-K replied Aug 28, 2007
4HR and 1HR examples — May I ask you learned guys for a few simple, clear 4HR and 1HR chart setups? After all, a picture is worth a thousand words! And if you're bored with trading (at 2:30AM somewhere in the World) would you please post a ...
Auslanco-GBP/JPY Strength Indicator strategy
- Kev-K replied Aug 27, 2007
Is ANY of this correct? — Do I have ANY of this correct? 1.) The 4 HR SI is bearish (BUT not crossed.) 2.) However, 1HR SI is well below the 50 line 3.) Entry is defined to be the 1 HR SI 50 point (therfore, a retracement to 241.20-40 level ...
Auslanco-GBP/JPY Strength Indicator strategy
- Kev-K replied Aug 26, 2007
Memo to Self — Memo to Self: I hate trading GBP/JPY! Never do it again! (just my opinion) :-)
Simple Daily System
- Kev-K replied Aug 26, 2007
FYI — Who is gonna take a trade! And why? There is some chatter on the GBP/JPY board that the yen pairs are at some kind of 100sma and 50% FIBO level . . . meaning price may reverse lower (based on 4HR chart.) Then move upward. However, there ...
Simple Daily System
- Kev-K replied Aug 26, 2007
Think we go higher (LONG) — RE: 4 HR chart and Daily -- 100sma, EMA 50, EMA 20 Have any of you fine fellows applied your indicators to the other JPY pair . . . EUR/JPY? Your observations regarding price being at certain levels carries through ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Kev-K replied Aug 25, 2007
Hi FX4Live From a classical SIMPLE daily candle perspective . . . you are right on! the EMA's are not yet in proper alignment. So be warned ALL. I was looking at the 4HR chart to make any estimate I could as to the direction of price going in to ...
Simple Daily System