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  #3731 (permalink)  
Old 05-11-2006, 09:11 AM
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Signals so far...

EURUSD
>09:00cet: Level 4 short @1.2714, made a current low @1.2686 (>09:30cet)

USDCHF
>08:30cet: Level 4 long @1.2255, made a current high @1.2304 (>09:30cet)

GBPUSD
none yet

BTW look back. All these level 4 signals came after a preceeding level 1 yesterday evening after the regular trading time. Level 4's are reentering signals. They always have preceeding signals from the other levels.

In both pairs EURUSD and USDCHF you could see classical TA-flags building out before we had the level 4 signals. So not only regarding catfx it would have been possible to enter a little earlier (about 7 to 10 pips) on the break of the flag.

CET Central European Time
GMT Greenwich mean Time - one hour (-1) less that!

@kiwigold: And thanks for the wordclock.

mibl
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Last edited by mibl; 05-11-2006 at 09:16 AM.
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  #3732 (permalink)  
Old 05-11-2006, 09:24 AM
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Hi Mibl, I noticed those flags too.

8 minutes ago ECB Trichet made a statement and in 8 more minutes the UK Ind Prod m/m comes out.

moneyline
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  #3733 (permalink)  
Old 05-11-2006, 10:09 AM
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Cable is approximately 20 mins away from a some kind of signal
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  #3734 (permalink)  
Old 05-11-2006, 10:19 AM
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5/11 02:00 GER Q1 Real GDP q/q - prelim 0.6% 0.0% 0.4%
5/11 04:30 UK Mar Manufacturing Production 0.2% -0.2% 0.7%
5/11 04:30 UK Mar Industrial Production 0.2% -0.3% 0.7%
5/11 05:00 E-12 Q1 GDP q/q 0.6% 0.3% 0.6%

On the surface it seems like pretty good numbers out of UK.

Much news coming out of the US as well 7:30 CST....14:30 CET
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  #3735 (permalink)  
Old 05-11-2006, 10:28 AM
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Cable is in signal area next 3 minutes.

But regarding the past this kind is a more riskier one. Why?
We are already 100 pips away from the low of the last two hours and we are about 30 pips away from ema50. Both ema's currently show to down direction. Cable is stronger than eurusd and usdchf.

So if you take this be careful and ready to close it early.

mibl
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  #3736 (permalink)  
Old 05-11-2006, 10:35 AM
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MIBL, I agree... by the time that second candle started to form it spiked down to 1.8612..... its obviously long gone now... See what its looking like when this dust settles.
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  #3737 (permalink)  
Old 05-11-2006, 11:05 AM
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Quote:
Originally Posted by mibl
Cable is in signal area next 3 minutes.

But regarding the past this kind is a more riskier one. Why?
We are already 100 pips away from the low of the last two hours and we are about 30 pips away from ema50. Both ema's currently show to down direction. Cable is stronger than eurusd and usdchf.

So if you take this be careful and ready to close it early.

mibl
GBPUSD
11:30 cet: Level 1 long @1.8628, made a current high @1.2875 (>12:00 cet) => by all risk it was good up to now for max. fav. exc. ex spread +47 pips
The total move is not USD initiated. Eur and Swissy moved not very much. => Look at EURGBP

and that while usd

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Last edited by mibl; 05-11-2006 at 11:50 AM.
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  #3738 (permalink)  
Old 05-11-2006, 01:16 PM
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Meetings

Good source for meetings ---


http://www.easy-forex.com/en/Forex.F...lCalendar.aspx

Results were posted 1 min from meeting time.

Last edited by kiwigold; 05-11-2006 at 01:35 PM.
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  #3739 (permalink)  
Old 05-11-2006, 01:46 PM
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Waiting on a next open above ema 50 for level 1 on Eur /USD ...
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  #3740 (permalink)  
Old 05-11-2006, 01:47 PM
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What do you think about opening buy EUR/USD when this candle end above EMA 50?
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