Hi droesparky,

I have 'tweaked' catfx a little to suite my trading style. I have two 50 ema one set at LWMA HIGH and original 50ema. I have also adjusted Anina indicator to 0.07. These settings are to get me in earlier if possible. I use the LWMA for short entries and our original 50 ema for long entries. Anina set at 0.07 gives earlier entry signals.

NB May I say that I am not advocating these settings to anyone, it is just me experimenting.

Ninas catfx is fantastic, it is proven, and should be the primary trading tool. Harold has also tweaked the way he trades and I use his method also.

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I think we had a signal on EUR/USD at 8:30 CET.
Am I right?

Hi, calendar for today. News coming out in less than 5 minutes.



moneyline

someone posted this link http://catfx50.atspace.com/chat.html

just reminder if you like live chat about catfx trades

Did anybody short cable at 10:30 cet?

i didn't eric.
was too close to pivot for me
glad i didn't now

Yes. Even though it would have worked out. But there's always another day and a next signal.

At the next opening there might be new signals but now it looks as if not.

Using the Catfx50 method, what do you do if the thing goes 2 or 3 pips in your favor and then just seems to pause for a long time and then move against you in the opposite direction? Do you just try to break even or take a few pip loss and wait for the next signal ? Thanks

I think there are no fix rules.
If this would really happen then i would keep the stop loss in place and wait. Unless there's a really good reason to believe the trade will lose.

Hi Morpheus, your stop loss is there for protection and also to give your trade some 'breathing space" . A certain amount of discretion is needed, ie whether you are willing to wait for your stop to be hit, or whether you want to get out earlier and wait for another 'set up'.