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  #5361 (permalink)  
Old 06-21-2006, 05:56 PM
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Well, its been trying to break through the R1 level 4 times in the last 2.5 hours - closed the position at b/e...
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  #5362 (permalink)  
Old 06-21-2006, 06:50 PM
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Quote:
Originally Posted by jwoger
Recap for June 21st.
All times are CET
Nueimex platform used for all pairs except NZDUSD, which used NF
Catfx50 approved pairs: EURUSD, CABLE, USDCHF
Catfx50 Test pairs: USDCAD, USDJPY, EURJPY, AUDUSD, NZDUSD

EURUSD: Although clearly in an uptrend, no signals today.
GBPUSD: Possible level 1 Sell at the 12:00 candle, but hist bars were not red.
USDCHF: possible level 3 sellat 14:30 candle but, prior to the signal, the bars remained red and below -.04.

USDJPY: :Level 1 BUY at 12:30 @ 114.98 Max high was 115.22
USDCAD: Debatable level 4 sell at the 14:30 candle. Debatable because the histobars were already below -.04, but there was definately strength in that candle and the price was in a tight consolidation. If you would have entered right at this candle's open, you would have made 76 pips.
EURJPY: Level 2 BUY at 11:00 @ 114.78 Max High was 145.51
AUDUSD: Level 1 SELL at the 10:00 candle, but the hist was not confirming, however, the hist confirmed the sell at 12:00 @ 0.7380 opening price. The hist probably confirmed it halfway along the candle so entering at the open price was not realistic. Max low was 0.7344.
NZDUSD: Level 1 Sell Confirmed @ .6188 Max low was .6158

Max amount of pips possible today: 24+76+73+36+30= 239

Note: Those are the max you could have made if you would have entered at the exact levels given above.

Nina or anyone, corrections are very welcome. Have a nice day everyone.
Hi, jwoger!

Well done!

You should look for level 4 trades. You have one on EURUSD (11:00cet bar) at 1.2624. It made a high so far at 1.2677.

At least two on USDCHF. Both with profits, though the first almost hit the stop.

So, add to those 239 pips another 70. Lets say a total of 300 pips. Not bad in a day like this, is it?

Nina
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  #5363 (permalink)  
Old 06-21-2006, 07:04 PM
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Quote:
Originally Posted by nina
Hi, jwoger!

Well done!

You should look for level 4 trades. You have one on EURUSD (11:00cet bar) at 1.2624. It made a high so far at 1.2677.

At least two on USDCHF. Both with profits, though the first almost hit the stop.

So, add to those 239 pips another 70. Lets say a total of 300 pips. Not bad in a day like this, is it?

Nina
Thank you nina.
I guess i'm getting better at identifying trades. The reason i didn't put down the level 4's was, because in accordance with the word document that dave wrote, the hist bars have to be below .04 or above -.04 and then break the levels so that they classify as level 4s. Thanks for the compliment though. I will continue posting recaps every day for everyone. it helps me learn more. Additionally, what do you think about the test pairs. Are they safe to trade?
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  #5364 (permalink)  
Old 06-21-2006, 08:16 PM
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[quote=jwoger]"Recap for June 21st.
All times are CET
Nueimex platform used for all pairs except NZDUSD, which used NF
Catfx50 approved pairs: EURUSD, CABLE, USDCHF
Catfx50 Test pairs: USDCAD, USDJPY, EURJPY, AUDUSD, NZDUSD

EURUSD: Optional level 4 trade at the 11:00 candle. max pips 52
GBPUSD: Possible level 1 Sell at the 12:00 candle, but hist bars were not red.
USDCHF: possible level 3 sellat 14:30 candle but, prior to the signal, the bars remained red and below -.04."

Did we have a GBPUSD level 2 buy at the 11:30 candle?
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  #5365 (permalink)  
Old 06-21-2006, 08:29 PM
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[quote=hgus490]
Quote:
Originally Posted by jwoger
"Recap for June 21st.
All times are CET
Nueimex platform used for all pairs except NZDUSD, which used NF
Catfx50 approved pairs: EURUSD, CABLE, USDCHF
Catfx50 Test pairs: USDCAD, USDJPY, EURJPY, AUDUSD, NZDUSD

EURUSD: Optional level 4 trade at the 11:00 candle. max pips 52
GBPUSD: Possible level 1 Sell at the 12:00 candle, but hist bars were not red.
USDCHF: possible level 3 sellat 14:30 candle but, prior to the signal, the bars remained red and below -.04."

Did we have a GBPUSD level 2 buy at the 11:30 candle?
Nope. that was a possible beginning setup for a level 2 buy which would have been validated at the 1800 candle.
Correction: You were right. My bad.

Last edited by jwoger; 06-21-2006 at 10:03 PM.
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  #5366 (permalink)  
Old 06-21-2006, 08:56 PM
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Quote:
Originally Posted by jwoger
Thank you nina.
I guess i'm getting better at identifying trades. The reason i didn't put down the level 4's was, because in accordance with the word document that dave wrote, the hist bars have to be below .04 or above -.04 and then break the levels so that they classify as level 4s. Thanks for the compliment though. I will continue posting recaps every day for everyone. it helps me learn more. Additionally, what do you think about the test pairs. Are they safe to trade?
The level 4 trades I told you had long bars.

Safest pair? None.

Nina
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  #5367 (permalink)  
Old 06-21-2006, 08:59 PM
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[quote=hgus490]
Quote:
Originally Posted by jwoger
"Recap for June 21st.
All times are CET
Nueimex platform used for all pairs except NZDUSD, which used NF
Catfx50 approved pairs: EURUSD, CABLE, USDCHF
Catfx50 Test pairs: USDCAD, USDJPY, EURJPY, AUDUSD, NZDUSD

EURUSD: Optional level 4 trade at the 11:00 candle. max pips 52
GBPUSD: Possible level 1 Sell at the 12:00 candle, but hist bars were not red.
USDCHF: possible level 3 sellat 14:30 candle but, prior to the signal, the bars remained red and below -.04."

Did we have a GBPUSD level 2 buy at the 11:30 candle?
Yes, you are right. A bad one. So, -34 pips.

Nina
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  #5368 (permalink)  
Old 06-21-2006, 09:43 PM
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Hi!

I'm going to show you something in the making. I'm going to attach some charts. I can not tell you anything else.

The system is called CatFX15M.

I do this just to tell you that it is always good to have more than one tool to trade the market.

Once I think I have tested it enough, I'll tell you more.

Nina
Attached Images
File Type: jpg CatFx15M EURUSD.jpg (172.5 KB, 234 views)
File Type: jpg CatFX15M.jpg (174.3 KB, 197 views)
File Type: jpg CatFX15M GBPUSD.jpg (196.2 KB, 167 views)
File Type: jpg CatFX15M USDCHF.jpg (196.7 KB, 131 views)
File Type: jpg CatFX15M USDJPY.jpg (198.7 KB, 161 views)
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  #5369 (permalink)  
Old 06-21-2006, 10:02 PM
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yes Nina, good thinking.
In days like this ,slow days i also use smaller time frame 5 and 15 minutes with catfx setings and some other indicators aded.
I prefer to use trend bands in adition to EMA 50 (midle trend band is ema 34)
and i look what is doing best suport-resistance that day.Sometimes it is ema34 sometimes ema 50 (counting on 5 or 15 minutes) if 30 minutes ema 50 is far away from the price.

You may find some good roules for 5 minutes in another thread catx 5min and asctrend 15 minutes by newdigital.

Once again,this is only an adition to original catx 30 minutes but for new traders i recomend to stay with the original for now.
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  #5370 (permalink)  
Old 06-21-2006, 10:08 PM
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Quote:
Originally Posted by nina
Hi!

I'm going to show you something in the making. I'm going to attach some charts. I can not tell you anything else.

The system is called CatFX15M.

I do this just to tell you that it is always good to have more than one tool to trade the market.

Once I think I have tested it enough, I'll tell you more.

Nina
Looking good Nina. Maybe you should start a new thread for this experiment. i'll be willing to post recaps in there also once you release a "beta" 15 min system.
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