Yes (USD/CHF).

And Cable above EMA50 and EMA120 at the moment.

So, Euro and Swissy are trapped between the two EMA's.

Well, as I understand:

we have EMA50 above EMA120 on EURUSD and GBPUSD.

we have EMA50 above EMA120 on USDCHF.

All three are in buy mode (long). Well, mates, there is a lack of synchronism here. This asynchronism will not last long.

Nina

Nina,
We have EMA 50 above EMA120 on Swissie only It is below on Eur and Cable

Well, that's more regular. Eurusd will not go to far up if EMA50 on USDCHF keeps above EMA120.

Nina

Nina I edited my post - apologies. plz read again

Hi!

Well, till EMA50 on cable and euro will not be above EMA120, market is still short on those pairs. It is nice to take that always into account, because maybe you'd like to trade less mini or regular lots.

Nina

No unfortunately, only tracking the Eur / USD as I work out the various
pieces to the puzzle over the next 6 weeks or so.

For the record :

For my first "official" week following this system I only had 4 actual trading sessions on the EUR / USD, by that I mean I was present at the screen, tracking the trades in real time and making entry and exit decisions, including mistakes! I also had my live FXCM feed checking the prices and decisons coming out of the MT4 demo feed - The point being it was as real as I can make it without trading my FXCM account.

Total pips was + 32 , I had 41 pips positive & 9 pips negative. I at least protected my capital and experienced reasonably small drawdowns during trading.

Its far to early for me to read anything into one weeks results, everything can be made to look good or bad in hindsight ! so thats enough of that.

Best of luck to everyone in trading next week.

NPJ

Hi
do we have signal on eurusd, buy 1.2012 ?
am i right ?

Nina, Eur PRICE has now moved from below 120ema to sitting just above it - does this have any significant sign?