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LinkBack (186) | Thread Tools | Display Modes |
04-20-2006, 02:00 PM
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04-20-2006, 02:14 PM
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Not Quite Sure How Nina Uses Level 3 My Technique For Level 3 Is If 3 Steps Are Going Same Way But Price Is Pulling Back To Ema(moving Trendline) I Put Order In To Buy Or Sell Today Was A Sell On A Touch Of 50 Ema With A Trendline That Was Coming Down Showing Good Resistence To Take Trade And Exit 20 Pips Later At 100 Ema And Mm Level Name Of The Game Is Trade What You See Be Consistent And Grab At Least 20 A Day They Add Up SEE CHART
Last edited by harold4x; 04-20-2006 at 02:19 PM.
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04-20-2006, 02:34 PM
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Hi!
If you do not make 10 pips everyday at least trading CatFX50, you have two choices: . quit trading. ( Trading is not for you). . quit CatFX50. I'm serious, mates. You have here an arsenal of "LEVELS" to trade. Level 1, Level 2, Level 3 and Level 4. What else do we need to make money? Nina
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04-20-2006, 02:50 PM
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Glad to see it is going better as well  opened a short on the EUR on the 12:30 GMT candle @1.2340 - was a (I Think ?) a level 2 - no cross but the open was below the 50ema and all 3 stochs were in Sell. Seemed a good plan. ended up paying off in the end 
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04-20-2006, 03:28 PM
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Today i shorted euro at 1.2340 and exited half trade using hma 20 at 1.2355, second half is still running until histogram shows a green bar, i am trying to use the 3 emas harold uses in order to get better exits, only that using the histogram to close has helped me get very big moves like 200 pips, thing i could not achieve before, if you have any good ideas for exits i磀 appreciatte it a lot, thanks.
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