Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
Recap
EURUSD: Level 2 Sell at 10:30cet candle @ 1.2571. Max low was 1.2537.
Level 2 Sell at 17:00cet candle @ 1.2572. Max low was 1.2555.
GBPUSD: Level 1* Sell at 12:00cet candle @ 1.8401. Max low was 1.8367.
Level 2 Sell at 17:00cet candle @ 1.8416. Max low was 1.8394.
*I know, the hist bar was right at .04. a little riskier.
USDCHF: Level 2 Buy at 10:30cet candle @1.2407. Max high was 1.2438.
Total Pips for the day: 34+17+34+22+31=138pips*
*that’s the maximum you could have made if you would have entered and exited at the levels given above. As we all know, Catfx50 does not give exit signals. Your results will vary directly with whatever exit strategy you choose.
there is a lot of talk of "the summer doldrums being upon us." Is summer usually slow/ bad for currencies? nina? Anyone? thoughts are welcome. and yes this is related to the catfx system.
Yes, Nina. Really waited for breakout, didnt happen once again, closed position with +8. Could close with +40, but it was worth risking 30 pips profit in sake of taking more profit if breakout would take place.
So im happy with today's results.
I'm testing catfx50 on demo account for 3 weeks now and satisfied with results so far, traded only level 1 signals so far, start to trade level 2 and level 4 signals now.
Exit part for level 4 signals still unclear for me, i think about l3 and h3 levels for it unless the signal is very strong (high juice) then we can keep it in hope to break l4/h4 levels?
Quote:
Originally Posted by nina
Hi!
Fet0r, have you seen what kind of market we have?
That's why, when I can, I scale. Look at eurusd now: 1.2571
jwoger,
I have heard that term before in a forex chatroom. Last year around this time of the year when i made my foray into forex, i was at a chatroom where they called live signals. They made a mention of this and blamed this for the thin volume. The big guys (mostly european traders) seem to take this time of the year off. But i am not really sure about it.
Quote:
Originally Posted by jwoger
there is a lot of talk of "the summer doldrums being upon us." Is summer usually slow/ bad for currencies? nina? Anyone? thoughts are welcome. and yes this is related to the catfx system.
jwoger,
I have heard that term before in a forex chatroom. Last year around this time of the year when i made my foray into forex, i was at a chatroom where they called live signals. They made a mention of this and blamed this for the thin volume. The big guys (mostly european traders) seem to take this time of the year off. But i am not really sure about it.
Ok. Well i would like some thoughts on how this summer's thin liquidity might affect catfx50 as a system. I think it shouldn't affect it at all. i'm thinking that instead we will just see smaller moves in the markets. Nina or any other experienced trader, What do you guys think?
Don't get me wrong. CATFX50 is awesome and it does work. i am not bashing it or anythying. I just want to know if the markets behave differently in the summer and if they do, how.
Yes Volume changes, it is true. From my observation the markets behave differently in the Summer, they also behave differently in the Fall, they also behave differently in the Winter, they also behave differently in the Spring. The market is dynamic, organic, forever changing.
The same way they will behave tomorrow. And if you know how they will behave tomorrow, put me on your list to manage my money. My intention isn't to be facetious but you are trying to box in the market, you can't feel safe by presuming you will know it's behaviour in any given season. The market moves in the summertime and the volatility is lower but the retail trader attempting to make money may be affected by it but not seriously.
Quote:
Originally Posted by jwoger
ok so then tell me, how do they behave in the summer?
Last edited by goldensight; 06-21-2006 at 01:26 AM.
The same way they will behave tomorrow. And if you know how they will behave tomorrow, put me on your list to manage my money. My intention isn't to be facetious but you are trying to box in the market, you can't feel safe by presuming you will know it's behaviour in any given season. The market moves in the summertime and the volatility is lower but the retail trader attempting to make money may be affected by it but not seriously.
ok. i just wanted to know if you have noticed the changes ie. the GBP moves less etc etc but i guess no one can really know. Thanks anyways.
Linear Mode
