GBP/JPY Equity Building Profitable trading strategies

I had to load the ausc indicators separately so they would work.
Then I finally got the AUSC tpl to work so I can click from templeate to templae and add one or two ausc indicators to my templates.

It is tricky it took me like an hour to get the ausc template to work, but it is in its own folder. I had to rename the folder so it didnt end in .tpl then I saved the ausc.tpl in the folder with the rest of the templates.

I use black and changed his colors in mine but preserved his template as is.

I prefer mom at 5 instead of 10. HE uses gann hi/lo and a MA of 5

I do like his little alarms qqe just crossed 50 . If you need help al I can help you set those ausc indicators or template up. I like the qqe and have been testing it. it does seem slow for me as I am a NOW trader. I buy & sell immediately based on a candle and the WR (5) and mom (5). I am a scalper though and have fast fingers. And 5 pips is 5 pips :). I still like the TS.
as the forex.com mt4 has an awesome TS function. When I set a TS after I am in profit, I reset the order to buy or sell at the price of the order that has the TS attached to it. That way if the TS triggers a sqr up of a position and it goes back down or up to that level I get in again and do it all over. So if it goes to profit again I set a TS and start over again. I trade a mad volume of trades.

Yes I cut myself short often but bank pips constantly. I need to work more on the multilot and set tpā€™s at 30 50 100 and let the last one run maybe with a 5 pip profit SL instead of B/E. I dont like to BE I would rather get 5 pips :slight_smile:

let me know I will help you with those indicators and or templates. I am not very good at mt4, but I learned quickly. I used ot hate mt4. And hated everyone hate custom indicators that I couldnt even test out. But I know how to do it now. WIth a little work and a little time you can get it, but really if you need help ask :slight_smile:

I had to load the ausc indicators separately so they would work.

Wow, took me about 30secondsā€¦ just downloaded them into the appropiate folder and restarted the MT4, click load template and all thereā€¦

It is probably too slow for you ram, as it is based on higher TFsā€¦ though a good way to confirm if you should let a trade run or not.

it wasnt easy for me, but easier than for Al I guess. He has been working on it on and off for 3 days or something. Sad she didnt even get back up to 138.00 I would have considered shorting her at like 138.20 maybe if everything looked down. These asians are tricky. But normally because I dont use a SL. So I can scalp them all night, as it goes up and down and up and down and stays in a pretty tight range.

It is london that makes me crazy as they all get together or something
and BOOM it moves one way or the other madly. then it stops and reverses.
It was london that wiped out my $250 live mt4 account with my bloodly longs where I had too many too high. And I know better than that. But I have been doing so well lately I was sure I had some good scalps, but what was wierd was that london ran down and never came back up. trading in London with a $250 account evne with .01 lots is mad unless you do at least 100 pip
spaces and even then, a 600-800 pip run down can easily make your shorts tight as you wonder if you should reverse, then you reverse then they reverse HEH, it is a vicous cycle.

and that long wick down on the previous 15M candle tells me up, as the 5 MA is pointing up and we are above the gann hi/lo, this is on the ausc tpl.

but on my tpl, I am thinking down and that I should have gotten short at 138.00 but we didnt wuite get there. I would like to have waited for 138.20 or higher to get short. But 138.20 would have been a good short and at 138.50 I would have added shorts ST and held the longs LT.

I still think we will see 166 early in the year before or at the beggining of spring, so I hate to get caught down low with shorts, I am ok with holding longs as long as I have too as long as I am getting positve swap, but I hate holding shorts MT or LT and having to pay swap every night, especially on triple Wednesday!

I am off until 2am edt :slight_smile: better grab a few winks!

cdawg: what site did you download from? and what is ā€œappropriate folderā€?(I been saying over the months on the thread that " I ainā€™t too brite"):confused:
The W and M indicators are all down. BUT the D $ is @ the low BB so cdawg/Triple R, Art see if your auslanco indicates a retrace. I am expecting one and will trade accordingly tomorrow.
The news ( interest rates Thurs and nfp Fri) might increase the moves -guess that is why there wasnā€™t too much swing yesterday and today,( but she still went down).

On a really loooooong term prediction -watch for a 141/143 break up. That is the area that I will think the bulls have finally won.

pretty tight range overnight, scalped a few for marginal pips.

Waiting for london to open, I have reset those orders, at 137 and 137.20 which I have placed TS on to lock in profits.

still need at least 138 or 138.20 to go short, yawn what a quick night

You can just download the template and zip file i posted a few pages back

Please unzip the files, and copy them to your
C:/program files/[I]"-your-platform-name-here"/[/I]experts/indicators folder

Copy the .tpl file to your
C:/program files/[I]"-your-platform-name-here[/I]"/templates folder

[I]your-platform-name-here[/I] - interbank , ODL, whose ever MT4 platform you are using.

restart your application, and youā€™re done.

All my longs got picked up, we are almost looking at a 300 pip drop or so since London opened. So I am grabbing another long off the bottom 134.09
I actually got mine at 134.35 and will start scalping from here

I Told you several days ago 135 was coming and possibly 129 I told you a LONGER time ago.

Already ny 134.35 is 25 piups in the money. I am adding a TS and a rebuy long at 134.35.

Already my TS is 30 pips in the money. YEs my draw down at this point is huge. I have some room still but if we crash below 129 I could be in trouble.

BUt 129 was the target long time ago from my previous posts.

looking at a very long wick down already. TS closed on 134.35 long for
just over 40 pips. Depending on where this candle closes, will tell me for now this is the bottom at 134.09 for NOW anyways.

My long still isnt looking too bad from 135.00. Trouble with multi lots is that
you get too many too high :(.

So I slide back to the older strategy and will sit and collect massive amounts of positve swap, and sek off longs at a TP of my liking, in the past I often was impatient and sold them off early.

The trick is to to pateint. everything runs in cycles. I saw 135, the othet trick is to go short too and be patient as had I had some shorts even at 138.00 still they would be pretty fat now and bake to slay any negative swap that had been attached to them.

already as this candle closes, look at the WR(5), this indicates we are headed back up and the long wick down says that as well.

from here we should be back on the way up, if she tests 139.09 this canlde which I doubt, more down is in order. But those boys in london this wild stuff like I explained last night, down 300, now up 300 before NY comes in.

Already back to 135 again. I should have grabbed a long at 134.75 or so, but I have been here typing for you, and not trading KEEPING my eye on guppy, thats what you have to do to beat her, sorry to say WATCH her every tick !

Ok I need coffee she has given me all the excitment I can handle for one morning, so I needd coffee now to take my eyes off here and get me more excited while I need help to look away from her while she runs back up and hits my Tpā€™s. Normally I would be watching her the whole time, every moment, not typing here for your benefit with the blow by blow like this.
be back in a few.

on my 135.00 order, I replaced order to buy long again at 135.00 and I will get the coffee ground and made now :slight_smile:

She came down and sqr;'d me out at 12 pips, on the 135 rebought long at 135.20 she cheated me out of 8 pips! HEH coffee brb.

she waited for me while I made coffee :slight_smile:

she frooze, it is cold here :slight_smile:

All indications at this point are up at 430AM EDT while the coffee perks,
maybe guppy needs the coffee? :slight_smile:

I am going to warm my toes, NOW isnā€™t the time to be short, you should have dumped the shorts at the 135 or lower I think. but who knows (wink),
but be careful if you are still short, my drawdown is already in the bank, it can only go my way here now, watch, at least until she tanks next
which isnt right now I dont think.

Let me go get guppy some coffee! She may need it it is a long way to NY for her.

and rebought long at 135.00 and I cannot resuscitate her ATM.

Maybe she needs a intravenous injection.

In any even she is staggnating, it must be cold in England this morning?

Hold on I am going to get some white Oak to light under her arse, it may take me a few minutes to get it going, all indications are up heading into NY and she sits idle and defies me, like she often does, but she will come around,
mom is turning up WR is heading up, even QQE is looking up I think :slight_smile:

I will be you a dollar to donut she will be up into NY, of course these days a donut is maybe worth more than a USD. What is the price of donuts in london? Maybe guppy has had too MANY donuts? she is sliding down and is rather sluggish this morning on the rebound.

A Do Not Resuscitate, or DNR order is a written order from a doctor that resuscitation should not be attempted if a guppy suffers cardiac or respiratory arrest. Such an order may be instituted on the basis of an advance directive from a guppy, or from someone entitled to make decisions on guppyā€™s behalf, such as a health care proxy; in some jurisdictions, such orders can also be instituted on the basis of a physicianā€™s own initiative, usually when resuscitation would not alter the ultimate outcome of a disease, and is designed to prevent unnecessary suffering.

scalping in range for PP (pips profit)

Hope to try it this weekend (ibfx)

$1177 profit shorting minis since last night.

On the 4H: 137.50/139.90 looks like resistance area (if I was longing, I would TP somewhere there) but I am still of a downward bias so I might look for S.E.L orders.

On the D tf, 139.50 was a strong support, now resistance level and the 5EMA is downward and @ 138.84 ( so, this might be a stronger resistance area).

Iā€™m thinking quiet tonight due to news tomorrow ( but will g/y respect my thoughts?).

Then London. Nothing too exciting overnight. HArd support around 135.00/20
is still holding. Today is NFP heading into NY.

Adp was down pretty big earlier in the week, so expect NFP to be really down and expect new lower lows. OR we could get some manipulated numbers.

Trades are blind and or brain damaged, expect bad nfp and guppy to tank and make fresh lows.

We will see.

got long at 135.00, but only with one as my drawdown is huge at this point.

I am ready for a fall today into NY after NFP down around 129.

Over 1/2 of my swap was taken yesterday. swap is only 4.36 now on a standard lot where it was 10.30 the day before. I didnt notice did the UK cut rates yesterday in half? or less?

I had to get some sleep, franfurt and london were draggin at the open in too tight ranges for me. The real excitiment will come today after NFP, I expect it to be the worst NFP in a while!

I was expecting a big selloff today, never realy happened, then i missed the retrace tooā€¦ not my day i guess. I had the order button open at 133.8 this morning, but just couldnā€™t pull the trigger, i was so biased for a continued downtrend.

Loaded a short a 137.4 on the last bull run will hold it over the weekend (have to now anyway), sunday night could be interesting with this strong bull run finish today.

Was that just driving the price up for another sell off monday or are we going back into the 140s and higher??

Have a good weekend