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Cant see an argument here, but look back at Nina s posts and you will read many times that he says that he loose money when he doesnt stick to the rules of cat50fx (his own rules). So just confirming that if you don t stick to the rules (you own set of rules if you wish) you will never be consistently profitable in this biz. Regards. |
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Ok, rules say: "more than 20 pips below/above EMA50 is riskier". Rules do not say "Do not take a trade if there are more than 20 pips below/above EMA50". This is not a mechanical system. That trade was 21 pips below. At that time, USDCHF was going up with fury and GBPUSD was going to hell as a rocket. That's why I said "it was a nice trade on eurusd". Lets suppose now you don't take that sell at 1.2627. What about next bar when you see it opens at 1,2632 and breaks last lows and bar get longer, longer, longer which mean there is strength? FetOr, we need to trade CatFX50. We need to look at what's going on. And please, forget about the close of bars. CatFX50 only look at open. THX. Nina |
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Some try, do not doubt that. No FetOr, of course. But no problem, we'll prevail. Nina |
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Boston, June 22. Rumors of
central bank bids are popping up like mushrooms as EUR/USD tests lower in its range. Russian bids awe rumored in the 1.2570 and now Asian bids are rumored in the 1.2560s. Dealers are keeping an eye on the US dollar index futures which are close to a strong area of resistance at 86.08/10 bass September futures. With USD/JPY poised near resisitance and EUR/USD not far from support, a breakout in the index could help drag the USD higher across the board. EUR/USD is showing little reaction to the 0.6% drop in leading indicators, trading now at 1.2565. Offers are seen at 1.2580/85 near-term. |
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Hey, Nina.
Thank you for explanation. Every new day I learn something new about this system and you're very kindful to explain me detailed aspects that i dont understand, I really hope to "feel" the system by end of my demo account test and move to real account. And im sorry If im annoying with my questions, I'm aware of fact how some things that just obvious to you like 2+2=4 are being asked here may sound annoying and bothering you and I admire with your patience, but Im also aware with fact that everyone should use system that he fully understand and "feel" therefore I bring up all aspects that I dont fully understand, I cannot just rely on someone else opinion or signals, I need myself to understand why it was clear signal otherwise its not worth spending time on tactic that you dont understand and cannot trade undependable. I understand that today's signal was very strong due to fact that all 3 pairs (swisse, cable and euro ) were signalling short. I will take that into consideration from now on. We all here to learn making money off forex and I really dont understand and of couse do not support posts with aggression. No one is getting paid here for posting and at same time no one pays money to Nina to demand anything, He does it for free and expect to get respect here, thats how it is supposed to be (atleast here in this thread which is owned by Nina). If you have got any criticism over catfx50 tactic, you should form it correctly and provide points that you think could be improved, better to pm to Nina, He might find some things useful and add some improvement to the system. Forum should be used for posting results, questions/answers that would be informative for everyone and everyone will be benefit from reading it. Thats correct way to follow thread on forum in my honest opinion. Thank you, with respect. --Fet0r. Quote:
Last edited by Fet0r; 06-22-2006 at 05:23 PM. |
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