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  #4491 (permalink)  
Old 05-23-2006, 10:18 PM
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Quote:
Originally Posted by Dave1
yep I do. I noticed usd/yen but missed the ride (at the gym), It's broke the 111.91 high so it may go all the way. Are in that trade kirsty, if you are, well done.

Canada took a hike today too - I saw it too late -- but the Asian session I have noticed seems to be a good time for the yens and other pairs that we dont work with in the Europe and NY sessions.
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  #4492 (permalink)  
Old 05-23-2006, 10:19 PM
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Quote:
Originally Posted by janu
Whats with FXCM trading station?

yes I can't log in either
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  #4493 (permalink)  
Old 05-23-2006, 10:35 PM
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Your right Kiwi, usd/yen does attract the largest percentage of trades during the Asian session, well above 50% I believe. You may have noticed, USD/CAD on most occasions works in unison with the the above pair.
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  #4494 (permalink)  
Old 05-23-2006, 10:48 PM
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Quote:
Originally Posted by Dave1
Your right Kiwi, usd/yen does attract the largest percentage of trades during the Asian session, well above 50% I believe. You may have noticed, USD/CAD on most occasions works in unison with the the above pair.

Australia and Kiwiland also follow suite -- of course they are awake at this hour 4.48pm CST now -- 9.48 "tomorrow morning - in NZ".
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  #4495 (permalink)  
Old 05-23-2006, 10:48 PM
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Some thing else that i have noticed in the past is if the yen makes a move during the asian session or the euro moves or the gbp moves in this session have a look at the crosses of these, eg eur/jpy or gbp/jpy, not sure wether this method would work the same on these but i have taken a few trades on the yen using it during there trading hours.
great stuff this catfx50, great man is nina and others. My trading has turned around using this method.
A HUGE BIG THANKS A LOT MATES
Cheers
Geoff.
P.S
7.49am on the east coast of Aus
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  #4496 (permalink)  
Old 05-23-2006, 10:56 PM
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Yep catfx is a very good system. You can combine it with other systems. When we arn't trading our normal sessions I use it for confirmation. Sometimes use it when I'm scalping even in combination with other methods.

The Tokyo session begins at 7pm EST, 0.00 GMT which should help move the markets a bit.
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  #4497 (permalink)  
Old 05-23-2006, 11:08 PM
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Hope you guys are in on some of this action. Just scalped 11.
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  #4498 (permalink)  
Old 05-23-2006, 11:22 PM
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who here trades using FXCM and if so what are your comments on the broker. i am interested in them because of how they calculate their margin requirements. what i don't like about them is that every time you talk to them via the online chat, towards the end they try and sell you a training course. Comments please. i am thinking of using an NF demo account to call trades and place them in fxcm.
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  #4499 (permalink)  
Old 05-23-2006, 11:30 PM
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I use Capital Spreads but am planning on changing to either FX Solutions or FDD.
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Old 05-24-2006, 12:01 AM
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Quote:
Originally Posted by moneyline
Hi shiningstar,

Congratulations on all your reading, I remember when I did the same thing...lots of work!

Using the 5 minute TF allows you to see if there is solid action. It will reflect if the breakout is all long candles or short ones...kind of gives you an idea of strength. I'm sure you can use the juice indicator too.

However, a level 4 is a breakout by any other name. It's called a "breakout" because price is going through an established line.

The easiest way to see if you have a breakout is to draw a line that includes the highest and lowest candles. If you'll notice, the price tends to travel up and down between that range. After watching it for some time, if you notice the price has gone through the baseline high or low, you might have a breakout.

moneyline
hi Moneyline,

This is really helpful! . You learned very fast and make great improvement. I will study harder

By the way, why no one add sound alert for this indicator--catfx50 v2mookfx.mq4 (i have attached)? The other indicator:"arrow head" has a sound alert with a window. How I wish I can add the sound alert to the cat indicator just like the one in the arrowhead. That way we will not lost any of the opportunity. I know nothin about programing. Just a thought.

Thanks again for all your great work!

Shiningstar
Attached Files
File Type: mq4 Arrowhead.mq4 (2.7 KB, 67 views)
File Type: mq4 CatFX50_v2mookfx.mq4 (3.9 KB, 62 views)

Last edited by shiningstar; 05-24-2006 at 12:15 AM.
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