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Quote:
Thank you for your kindly words. When price kisses EMA50 like your example, it means that, once broken, EMA50 has become a strong resistance. To be called level 2, we need price opening at least one bar above, in that case, EMA50 with Hist keeping always in red. When you see price keeps bouncing off EMA50 , you can short it, like today, but this is not CatFX50 system. On USDCHF we had today a good, a very good example of 1-2-3 pattern. I've posted nina's levels too -a gift. So, today, everybody should have made 15 pips at least. Nina |
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thank you !
Hi NIna
I totally understood. Thank you very much! ted Quote:
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Quote:
Could you tell me where you got the indicator that is blue highlighted on the chart you posted. It appears to highlight your trading times. Thanks, Frayed |
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Today's recap:
eurusd: no signal today, long signal @1.2031 was yesterday 18:30cet after regular trading time usdchf: level 1 signal was before regular trading time, 3:30cet short @1.3074 level 2 signal 11:00cet short <1.3059 during the candle when histo step ma went below -0.04 filter level. level 2 signal 16:00cet short @1.3049 --> made a high now @1.2957 --> about +92 Pips maximum movement usdgbp: level 1 long signal @1.7379 11:00cet --> made a high now @1.7481 --> about +102 Pips maximum movement 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. Last edited by mibl; 03-30-2006 at 10:21 PM. |
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Quote:
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. |
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Hi!
THX, Mibl for your help. Today has been a good one. Clear signals and nice pips. Early in the morning, I said EURUSD was stronger than GBPUSD. EURGBP was breaking resistance at 0,6942-8. At the same time, USDCHF was going south. EURUSD has moved more pips today than cable and this is not standard. USDCHF has closed at lows. This is not a good sign for the pair, but a retrace is due. While below 1.2990-1.3050 and 1.3080, the pair is set to go south. Take care and trade what you see. Nina |
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