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sorry to bother, I have a question...how do you apply Nina's strategy to Oanda.
Thank you,
How do you think I do it?
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As you well know, EURUSD has been trading between 1.1974 - 1.1848 the last 10 days. That is a ridiculous range of 126 pips (see chart attached).
A lot of signal providers are in red this month. A lot of them, and their customers are not happy. The same happens with a lot of day traders.
We are stuck in a damn deadly range: there is not direction.
We should not ignore that when we trade.
Levels:
EURUSD, below 1.1968, the pair could try to go to 1.1720.
USDCHF, above 1.3077, the pair could try to go to 1.3326.
GBPUSD, 1.7423 is the line in the sand on that pair. Below 1.7423, it could try to go to 1.7115. It needs to hold above 1.7511 if we want it up to 1.7757.
USDJPY, below 116,93, the pair could try to go to 114,45.
As you well know, EURUSD has been trading between 1.1974 - 1.1848 the last 10 days. That is a ridiculous range of 126 pips (see chart attached).
A lot of signal providers are in red this month. A lot of them, and their customers are not happy. The same happens with a lot of day traders.
We are stuck in a damn deadly range: there is not direction.
We should not ignore that when we trade.
Levels:
EURUSD, below 1.1968, the pair could try to go to 1.1720.
USDCHF, above 1.3077, the pair could try to go to 1.3326.
GBPUSD, 1.7423 is the line in the sand on that pair. Below 1.7423, it could try to go to 1.7115. It needs to hold above 1.7511 if we want it up to 1.7757.
USDJPY, below 116,93, the pair could try to go to 114,45.
Take care.
Nina
Hi Nina,
could you please take a look at my question in posting #1507
Thanks mibl
__________________ Never trade with money which you need to make a living *** I trade with my money based on my decisions *** Please decide for yourself.
Hi Nina,
could you please take a look at my question in posting #1507
Thanks mibl
Hi, Mibl!
You said:
"@Nina
When I recapitulate the signals for the last 4 weeks, my impression is, that CatFx works best on the second half of the week. Monday was this week as usually in fx a range play day, even tuesday wasn't better. Since Wednesday there were some very profitable signals.
--> Could you agree with this?"
Monday is known to be a "special" day. But look at 23-01-06 or at 12-12-05.
"@Nina
When I recapitulate the signals for the last 4 weeks, my impression is, that CatFx works best on the second half of the week. Monday was this week as usually in fx a range play day, even tuesday wasn't better. Since Wednesday there were some very profitable signals.
--> Could you agree with this?"
Monday is known to be a "special" day. But look at 23-01-06 or at 12-12-05.
Nina
Hi Nina,
Yes, these two mondays were good ones - weren't real typical mondays - but that are 2 out of 12 mondays in the last quarter. So the best trading days (regarding risk management) even for catFX are tuesday to friday - can you approve that out of your experience?
Best wishes
mibl
__________________ Never trade with money which you need to make a living *** I trade with my money based on my decisions *** Please decide for yourself.
Yes, these two mondays were good ones - weren't real typical mondays - but that are 2 out of 12 mondays in the last quarter. So the best trading days (regarding risk management) even for catFX are tuesday to friday - can you approve that out of your experience?