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LinkBack (187) | Thread Tools | Display Modes |
05-19-2006, 05:34 PM
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Quote:
When a candle crosses the EMA 50 line, AND the Hist_StepMA_Stoch is pointing in the right direction (green for long, red for short), you then enter as soon as the next candle opens in the same direction as the cross. Above the 50 EMA line (if long), and under the 50 EMA line (if short). Yes, to use the CatFX50 method you must wait for the price to get near the EMA50 line. There are, of course, other methods and systems in the arsenal of Forex traders and they don't strictly depend on the cross of the EMA 50 line. Look around this forum, you'll find plenty of methods and systems to keep you busy, but be careful! Many don't have the extended testing of CatFx50 !!! However, you can count on the EMA 50 being crossed at least once per day. Furthermore, CatFX50 has shown its reliability time after time. It makes waiting for the right conditions more bearable. BTW, though waiting is boring as heck, that's not really what we're doing. We are hunters waiting for our prey (pips), and a big part of hunting is watching and waiting for the right conditions...then we pounce on our prey! moneyline Last edited by moneyline; 05-19-2006 at 05:36 PM.     
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05-19-2006, 05:44 PM
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CHF Trade
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Wasn't the CHF trade techincally a level 2 buy trade? 7:00cet candle closes at 1.2089, 50 EMA at 1.2088. Candle at 8:00 cet opens and closes, 1.2085/1.2084, below 50EMA. Next candle 8:30 cet goes up through 50EMA and closes at 1.2109. Buy on open of the 9:00 cet candle at 1.2110 (see post 4236 for chart). I have the Neuimex data feed so our charts should be the same. Also wanted to ask about pivot points. If I understand you correctly, you state that when price opens above or below P1 pivot line the price crosses through the pivot line 80% of the days. Does the price have to open/close within so many pips of the pivot for price to crosses the pivot 80% of the time or does that mean price will cross the P1 pivot point on 80% of the days no matter where the opening price is for the day? Thanks, Dave
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05-19-2006, 05:47 PM
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Well mates though today has been a bit of a drag I'm happy with a nice 43. I used catfx and fibo's to capture those so strickly speaking it wasn't pure catfx, but what the heck, they all count
 Happy pip hunting all.
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05-19-2006, 06:15 PM
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Looking for StepMA Stoch
Hi
I'm looking for StepMA Stoch, without the _ , so i don't mean StepMA_Stoch. I've searched through the first 130 pages of the thread but could not find it. Could anybody be so kind and post it or say where i can find it? And what's the difference between the 2? Is one better than the other? Thanks
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05-19-2006, 06:43 PM
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Yea I would really love for them to make live calls also. This will be without a doubt the best case. It may be a crutch at first, but we will all eventually learn to walk on our own.
I think it important for the experienced traders to know that... No one is expecting perfection. The system is the system, and we have all seen it work. In this market we also know that nothing is 100%. It is what it is. Its not personal opinion...its just reporting what the system says. A live call or confirmation of a real time signal would be perfect. We can make our own individual decisions from there. Thanks for understanding npj6400, In the end we are just asking for the same thing [quote=npj6400] Quote:
__________________
 PIP or Die 
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05-19-2006, 06:50 PM
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"People on this forum know the levels of this system. If they dont, they need to take more time to read the entire thread as I have. There are ample pictures, charts, and summaries of each level of trade."
Cisco...post #4241 Quote:
__________________
PIP or Die
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05-19-2006, 06:59 PM
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Quote:
Look in post # 2870 I think it's included in Harolds indicators. BTW, they work in conjuction, search Harold4x's posts. moneyline
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05-19-2006, 09:12 PM
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[quote=Cisco]Yea I would really love for them to make live calls also. This will be without a doubt the best case. It may be a crutch at first, but we will all eventually learn to walk on our own.
I think it important for the experienced traders to know that... No one is expecting perfection. The system is the system, and we have all seen it work. In this market we also know that nothing is 100%. It is what it is. Its not personal opinion...its just reporting what the system says. A live call or confirmation of a real time signal would be perfect. We can make our own individual decisions from there. Thanks for understanding npj6400, In the end we are just asking for the same thing its incredible, yesterday i had posted some text like yours, but i received some discord anyway, we are now three
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05-20-2006, 01:53 AM
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re to downunderdave40
for me it was level 1 usdchf long,not level 2 and i did take the trade at 12130
(litle late but i was shure at this price it will go) but i did not get an arow on the chart from catfx indicator but i did get an arow for eurusd and gbpusd and it was the question about the arow-sygnal. So i am just confused why catfx indicator did not plot an arow or why it was no trade for it. From tehnical side,usdchf just touched upper channel line at 12239 from 4 hour chart and it can try to get to mid boolinger band at 12304 or 12320 where it should have big tehnical resistance.We can say also it is forming bearish flag...
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05-20-2006, 03:31 AM
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Sorry I arrived here late, I read through a lot of posts in this thread, but there are just too many, could we have an update on this cat system?
with indicators to download attached and an update of modifications so far Thanks for any help Last edited by increase; 05-20-2006 at 07:35 AM.
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