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Bit by bit I study and learn this great system from Nina.
But, where do the numbers come from in Nina's quote above?
Looking at the EUR/USD and GBP/USD charts and do not see.
On USD/CHF chart I see the 1.2743 as a fib pivot "overshoot-1" or is that coincidence?
Are these fib, cam or pivot numbers? Or where do they come from?
I am new to trading so maybe it is a stupid question.
Any help appreciated.
questormon
I' m not sure either, I dont remember a post explaining these levels.
I have had a wild stab at producing levels based on the support/ resistance of the ema50 on the daily chart - see attached, I have also looked at Fib retracements and expansions but they do not line up with Ninas figures...
Nina - any chance of an explanation or could someone else fill us in...
Bit by bit I study and learn this great system from Nina.
But, where do the numbers come from in Nina's quote above?
Looking at the EUR/USD and GBP/USD charts and do not see.
On USD/CHF chart I see the 1.2743 as a fib pivot "overshoot-1" or is that coincidence?
Are these fib, cam or pivot numbers? Or where do they come from?
I am new to trading so maybe it is a stupid question.
Any help appreciated.
questormon
I' m not sure either, I dont remember a post explaining these levels.
I have had a wild stab at producing levels based on the support/ resistance of the ema50 on the daily chart - see attached, I have also looked at Fib retracements and expansions but they do not line up with Ninas figures...
Nina - any chance of an explanation or could someone else fill us iin...
Does it matter which time zone I use for the indicators in the CatFX50 system as long as they are all set the same?
Right now I have all of them set for GMT since InterbankFX data is time-stamped with GMT. Would it be beneficial, for example, to time-shift the indicators to New York time zone if I were going to do most of my trading in the New York session? Or does this make no difference in trading CatFX50?