Moneyline

have you entered in trade on CATFX50 system or any other.

If CATFX50, it was which level 2/3/4 trade

if you can attache chart it will be nice to undestand

Thank you!

Hi kumawat,

See where the long level 4 candle crossed the previous high and continued going up? That's what we are talking about.

moneyline

Thanks

Now i am able to undestand. but it is very risky level 4 trade

Well, there is always a risk in trading. You have to judge the risk by considering the elements shown on your screen. Take a look at this:

a) The price broke through the last high
b) Price was above EMA 50, 120 and 169 ...that's another plus
c) The major that works opposite EUR/USD (the USD/CHF) was also going in the correct direction (down)
d) The major that works together with EUR/USD (the GBP/USD) was also behaving in a normal fashion and going up.

The above means the setup was following "normal" behavior. So, once you take into account all the risk factors and it looks very favorable, take the trade...why not?

moneyline

EDIT: What I mean by the majors that work together with the EUR/USD isn't that they always work in that fashion, but they do a great amount of the time. As Nina says: "Trade what you see on your screen."

The high on the daily's for gbpusd is close at 1.8997

And kissing R3

EDIT: E-12 report T- 5 minutes and counting

moneyline

are you guys looking for another level 4 entry on the back of the news on the euro???

Hi,

I don't think it could be considered a level 4 at this point, but yes, if there is a spike I intend to ride it. (on my own, this isn't part of CatFX50)

moneyline

Hi, mates!!

Nice day so far. Level 4 trades.

Nina

Attached Images

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