Thread: Gbp/jpy
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Old 05-18-2008, 01:47 PM
4xStar 4xStar is offline
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Join Date: Apr 2008
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He also has another indicator he posted elsewhere, I can re-attach it here. It's called the sweetspot and I don't know if it is specifc to the G-Y, but sure looks like it works well on the G-Y chart.

For example, in one of your attached charts, PipChick, you had drawn a trendline & said if price goes below that, could be short signal .. well that tl intersects with a sweetspot line, giving an "x marks the spot" for price (which looks like it is 203.50)

Check it out... I've got these sweetspot lines on the hourly & daily. I am also using maurizio77's 1 x 5 ema cross on the daily bars as that appears to be very predictive as well. The downside cross just occurred on Friday which further suggests a down move for the g-y. Time will tell

BP seems to be rejecting my attachment .. maybe too large as I added the other multiheat files that I got from the Kreslik site .. will try with just the sweetspot files.
Attached Files
File Type: zip Sweetspot.zip (3.7 KB, 12 views)
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