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Quote:
I did not exactly understand how you mean this. Could you explain it please? I got the pivot at 1.8900 in Cable today. Just saying it, so we mean the same pivot. |
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A couple of very basic questions!
Hi - I've tried and failed to find the answers to my questions by searching the threads, so will somebody please confirm that my understanding of some of the basics for entering a trade are correct.
When entering a level 1 buy/sell at the second bar above/below the 50 MA the price to enter at is the open of the second bar regardless of the high/low of the previous bar? Also, am I right in thinking there are no further trading opportunities until the price returns to the 50MA? Many thanks. KJB |
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[quote=Cisco]Well npj6400,
You obviously misunderstood my post. I am by no means asking someone to predict market direction...those are your words. If someone was doing that on this forum, we would all be rich. It would be great if some of the experienced traders could "help people trade the various catfx50 signals only as they appear in present time according to the entry rules..." The fact is I haven't seen any of the experienced traders take time to do that. All I read is how difficult it would be for them to post trades, and those are their words. So asking them to confirm whether or not the market conditions are favorable to catfx50 system as a whole, should be much easier. Ok - I understand what you are saying. I have been online when traders such as Mibl & haroldfx post setups and entries in real time. Personally - I would prefer live calls of specific catfx50 setups and then actual entry to assist newbies in decision making process. It keeps the focus on specifics, the problem I see with market condition calls is that they are often variable and open ended , if I contacted 10 different sites or gurus I might get 10 different opinions. Anyway - I get your point of view... |
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listen folks this is not rocket science i put charts up almost daily showing you what it looks like and yet you are still asking for calls i am trying to help you understand how to trade but you are not listening it seems you want someone to manage your acct i would be glad to if you dont want to learn how to trade then get someone to trade for you
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OK folks,
It appears we have a trendline break on EUR/USD and also USD/CHF and they both appear to be headed toward the 50 EMA line. Of course, this had to happen on the later half of the NY market; not a good time! moneyline |
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