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  #4221 (permalink)  
Old 05-19-2006, 06:05 AM
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Trade the news

Quote:
Originally Posted by moneyline
Well, yes, but there's a lot of guessing. Notice the yo-yo action on news days? If there was a way to know the published reports it would help all to take the right side of the market.

Big institutional traders pay for expensive news services that will deliver the published reports in the blink of an eye. As far as I know those services are off limits to the average small trader.

Why do you think the big traders pay for those services? Because it helps them make over and above the cost of such.

moneyline
Sounds like you try to trade the news, most often the 50 EMA cross is a result of these news turns, I use www.tradethenews.com the news sometimes are 30-45 sec faster than Market News International from my broker. I think you are right that I helps to pay attention to news. But warning here news release are very complex (NFP) and most of them you better stay away, CATFX50 best part is that it often picks trend reversals on higher time frames (30min) with good strenght (indicator) so that they move a good amount of pips. Now when you see CATFX50 crosses 50EMA with all indicators go at 8:30AM EST and the news event is NFP or CPI or PPI etc. etc. you have a riskier entry, specially when news are unexpected higher or lower than expected, if you get stopped out, thats not CATFX fault, price can be volatile at these times, even with the right direction on CATFX and the news a good swing can take out your S/L of 20 or 34 pips like nothing and than move the way you picked.

CATFX gives good entries, it's up to every trader personal trading style how much risk you like to take, Nina always post before NFP monster to be at least carefull, and another member post news events every day.

Good luck
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  #4222 (permalink)  
Old 05-19-2006, 07:18 AM
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Usd/chf

If USD/CHF price ends above the EMA and the next bar opens also above will this be a 1 level signal or not?
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  #4223 (permalink)  
Old 05-19-2006, 07:25 AM
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Hi,

If price crosses EMA 50, the next opening bar is your signal to go. However, I would be very careful in this market and wait a bit. USD/CHF crossed about an hour ago and there hasn't been much movement.

Also, many of the majors are kissing EMA 50, 100, 200 and the Pivot line, meaning: there's a bunch of hurdles to cross and strength is needed.

moneyline
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  #4224 (permalink)  
Old 05-19-2006, 07:46 AM
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8:45 CET GBP/USD crossed EMA 50 and I;m not going in, it's a real bad market and not much action.

USD/CHF crossed a little earlier and the same: very little movement.

moneyline

Last edited by moneyline; 05-19-2006 at 07:48 AM.
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  #4225 (permalink)  
Old 05-19-2006, 07:50 AM
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Eur/Usd

Eur/Usd is not going in the same direction as GBP/USD
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  #4226 (permalink)  
Old 05-19-2006, 08:55 AM
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hi,

i did not get long sygnal for usdchf but i did get short eurusd and short gbpusd
10 minutes ago.
is it because EMA 120 was to close to price ?

anyone know the reason why catfx did not show sygnal usdchf ?
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  #4227 (permalink)  
Old 05-19-2006, 09:03 AM
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I I got a signal for chf to buy @ 1.2110, same with gbp @ 1.8875 and euro @ 1.2815, all level 1, the less risky was euro so i took it, but as gbp was moving fast I took it too @ 8870 (a bit late, but traded smaller than euro), didn t take chf as started to move earlier and was not in sync with euro, now in hindsight it would have been a good trade too.

Regards.
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  #4228 (permalink)  
Old 05-19-2006, 09:08 AM
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CHF Level 2 Buy

Quote:
Originally Posted by deepdrunk
hi,

i did not get long sygnal for usdchf but i did get short eurusd and short gbpusd
10 minutes ago.
is it because EMA 120 was to close to price ?

anyone know the reason why catfx did not show sygnal usdchf ?
Hi Deepdrunk,

Here is a level 2 buy signal on CHF at 830cet candle. Price goes up through 50 ema, goes back down through 50 ema and then goes back up. All with green stoch.

Dave
Attached Images
File Type: jpg CHF Level 2 190506.JPG (165.6 KB, 170 views)

Last edited by downunderdave40; 05-19-2006 at 09:32 AM.
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  #4229 (permalink)  
Old 05-19-2006, 12:31 PM
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Quote:
Originally Posted by moneyline
Hi,

If price crosses EMA 50, the next opening bar is your signal to go. However, I would be very careful in this market and wait a bit. USD/CHF crossed about an hour ago and there hasn't been much movement.

Also, many of the majors are kissing EMA 50, 100, 200 and the Pivot line, meaning: there's a bunch of hurdles to cross and strength is needed.

moneyline
why the market is so annormally this week?

which explain we can conclude?
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  #4230 (permalink)  
Old 05-19-2006, 12:54 PM
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morning all i just got up i dont know what all the confusion was 3 piture perfect level 1 dont over analyze when you see 50 100 200 ema on top of one another thats called 3 in a bed and is always followed by a nice move tale euro 830 chart candle not only did it close below 50 ema but 100 and 200 secondly it closed below todays daily pivot in my reseach of pivot points better than 80% of time when price open above or below pivot it always crosses so entry should have been 2813 target 1 2787 target 2 2758 as for swiss and gbp same thing 3 perfect level 1
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