Thread: CatFx50
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Old 10-12-2006, 04:28 PM
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nina nina is offline
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Hi, traders!!

Recap at 18:00cet:

EURUSD, level 1 buy (09:30) @ 1,2551 with stop loss at 1,2522. It has made a high so far at 1,2565. It hadn't enough room to go upside according to Daily range. Closed at 1,2535, when it opened below EMA50 (13:00cet). - 16 pips.

EURUSD, level 1 sell (15:00cet) @ 1,2526 with stop loss at 1,2560. It hadn't enough room to go down according to Daily range. We close the trade here to make the recap. - 13 pips.

USDCHF, level 1 sell (09:30cet) @ 1,2684 (40 pips below EMA50) with stop loss at 1,2714-19. No room to go down. It made a low at 1,2676. Closed at 1,2707 (13:00cet), when it opened above EMA50. - 25 pips.

USDCHF, level 1 buy (15:00cet) @ 1,2724 with stop loss at 1,2690. It had no room to go up. It made a high at 1,2732. Closed at 1,2708 (18:00cet). - 16 pips.

GBPUSD, level 1 buy (09:30cet) @ 1,8591 (more than 20 pips above EMA50)with stop loss at 1,8567 - 1,8554 or at 1,8544. It made a high at 1,8612. Closed at 1,8567. - 24 pips.

Today has been the worst day of CatFX50 since I posted here. Today's market is extremely difficult to trade. I lost 24 pips on cable. We are in a very critical juncture. Or we are in the very beginning of a big, big move or at its end.

BTW, Daily Range indicator and the openings too far away from EMA50 should have kept you out of the signals.

TOTAL= - 94 pips.

Nina