no, i just explained this to someone else a few pages ago. candle hasnt closed below tft line on 4hr and the 1hr already dropped below the 50 line like six hours ago. according to the strategy, you would have to wait for it to go above the 50 and ...

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

no, the 4hr qqe hasnt crossed yet but aside from that, a candle has to close below the tft line (on the 4hr) and since the 1hr qqe already crossed below the 50 line, you would have to wait for it to go above and then cross down again

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

yea, the 15min 50ema is sitting right on top of the ny session pivot (227.53) so breaking through that area of resistance should be good confirmation.

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

sometimes that sense of security is worth the missed out pips.....until you see it drop 5 min after you closed. i think everyones experienced that though

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

bounced off 1hr 100sma & daily 5sma on first try

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

birdt, i just noticed that your 1hr gann line looks completely different from mine. what is your lookback setting? here is a pic of mine:

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

it's coming up on the daily 5sma(c) @ 266.62

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

vt trader already has pivot point indicators (daily & weekly)

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

did anyone else just get a 15min signal? i got the arrow & dot, underneath the daily pivot and both qqe's are crossed below the 50 line.

Daily/Intraday Momentum Analysis

thanks for the great analysis....these are the posts that really help beginners because it allows us to see how an experienced trader interprets and pieces together the overwhelming amount of data that affects the currency markets. right now my ...

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

its bouncing off 23.6% fib from bigger drop (july - august)

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

all three of my 4hr mom. indicators are pointing upwards (the 1c is at a very steep incline). why are they different from yours?

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

can you explain your reasoning a little?

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

i thought you were using a trailing stop?

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

I thought it was supposed to retrace until the big drop on friday(16th)/monday?

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

gotcha. i thought trying to enter during the spike is how you loose money cause your order doesnt get filled immediately

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

makes some sense now. thanks for the explanation.

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

uhh, gbp/usd is moving up though....as it should, considering the numbers were lower than expected

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

lol...but why would it react that way?

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

its negative but its goin in the opposite direction. usd/jpy is skyrocketing. wtf???

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