I was following these steps but I think this article is little old now.
My toolchain is disable in QT Creator and I can not change it. I tried changing QT version but there were onlly 2 options one was "Simulator QT for Mingw 4.4 (Nokia QT Sdk)" and another was "Simulator QT for VS 2008 (Nokia QT Sdk)" and these can not start emulator.
So any solution?
I am using QT Creator 2.0.0
Actually simulator is not working as expected so I am now dependent on Emulator.