Hi!

Again:

We see price crossing up EMA50 from below. We wait till the 30 minutes bar finishes. Meanwhile, we look at StepMA_Stoch. We see yellow line crossing up blue one too. We wait till the 30 minutes bar finishes.

The 30 minutes bar finishes and new bar begins. It opens above EMA50. Yellow line on StepMa_Stoch is above blue one. WE GO. WE BUY. StepMa_Stoch has validated the trade. The opposite for selling.
Another situation:

Bars are clossing and opening below EMA50 and yellow line on StepMa_Stoch is above blue one.
What to do?
We wait. We do not take any trade if EMA50 with price and StepMa_Stoch do not match.

Let's imagine now that after a few bars forward yellow line on Step crosses down blue one.
What to do?
We could sell, of course. But, in those cases, I look at where price is in relation to EMA50. If it is near, I sell. If it is more than 20 pips away, I do not trade.

When the crosses are not simultaneous there is asynchronism. Trades in those occurrences are more dangerous.

Nina

How so? I have the step stochs crossing up on the 13:30 bar which closed at 1.2160. Did you enter before this?

Hi, forextraders!

Post 285:

Hi!

Today's recap:

Broker: North Finance Company.

EURUSD, buy at 1.2098. Made a high at 1.2175. +77 pips.

USDCHF, it was in selling mode since yesterday at 1.2785.

GBPUSD, buy at 1.7549. Made a high at 1.7721. +172 pips.

TOTAL: +249 pips.

Read posts 286 to 295.

Nina

I've read every post. I have attached a screenshot of what I'm referring to. The stochs don't cross up until the 13:30 bar which would have gotten you in at the close of that bar at 1.2160. In that case, I'm assuming you would not have entered that trade since it was much more than 20 pips away from the 50 MA.

Attached Images

euro30min.gif (13.9 KB, 745 views)

Hi, Forextrades!

Look at chart attached:


Nina

Attached Images

EURUSD.jpg (223.5 KB, 816 views)

Hi, good morning!

Nothing to do with CatFx50, but I thought you'd like to read it:

http://forexfacts.port5.com/index.htm

Nina

Good morning Nina,

I looked at the chart. 2 questions:
1. What is the CROSS indicator?
2. How do You insert MA(50) into the IND inverse window? I know this is a standard MT4 technique. But I cant get it working.

And a general question? What is the best approximation to NINA's setup in OANDA:

I used FAST STOCHASTICS last week as confirmation tool.

Thanks for the work and discussions...Subsecond

My question 2 : MA(50) in IND inverse is solved. I found the trick. Apply to after insert.

Hi, Subsecond!

Read here:

http://www.forex-tsd.com/showthread....hlight=catfx50

and here for a template:

CatFx50

and here to know how to plot EMA50 into Inverseind:

CatFx50


Oanda hasn't got StepMa_Stoch nor Inverseind. You need an indicator to filter EMA50 crosses. Maybe Stochastic would do.

Nina

Nina
so according to the article you posted no one wins at the forex game but the moneymakers and everyone other than the mm that claim to be making a living at trading fx is kidding themselves and we are just wasting our time trying to do so ??????????????????????????

Pat