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New day, new opportunities. First, let me be very clear: I do not like the market. I posted my levels yesterday and they worked. But you can not go from 1,2937 to 1,2852 like we were playing basketball. I know, I know, it did not break my 1,2842 level, so trend is still up, but big, big money sold up there. Therefore, my friends, we need a very good ZEW numbers today to break that 1,2940 on our way to 1,3000.
For me, as long as EURUSD keeps above and holding 1,2842, we should keep going up. If it breaks 1,2842 and close (hourly) below, the picture will not be as clear and we could go down to last lows and 1,2691 - 1,2637 - 1,2594.
Take care, mates: it is August, market is thin and a few sharks and smart brokers are having their feast. Look at cable right now, I think some guys have had their first morning lost if they did not get in at 1,8912. It breaks the pivot, goes to 1,8950 and now is below pivot again. Why? Do you want a play this game?
We have a leve 2 sell on EURUSD (09:30) @ 1,2874. It has made a low so far @ 1,2867. I did not take it.
EURUSD, level 2 sell (09:30) @ 1,2874. Made a low so far at 1,2796. +78 pips.
USDCHF, level 2 buy (11:30) @ 1,2271. Made a high so far at 1,2331. + 60 pip.
GBPUSD, level 2 sell (10:30) @ 1,8906. Made a low so far at 1,8890. Let's say we closed it at b/e.
GBPUSD, level 2 sell (13:30) @ 1,8914. Made a low so far at 1,8871. + 43 pips.
Total so far = + 181 pips.
The above amount of pips is what CatFX50 has generated so far today.
Another story is what each trader has done.
I, for instance, have only made 15 pips today. Why? Because, as I said, I do not like the market. That's why I closed my first short on EURUSD at b/e.
But as we are looking at the performance of CatFX50 and not at mine as a trader, I make the recaps of the system.
I have folled the CatFx50 for a long time. I have seen it develop and people try and modify it to become the holy grail. This really is a simple easy to use trading method. I have used it for over 9 months with Very Good results. I have looked at other trading methods, but still trade with this system. Why? Because I have had positive results.
Thanks for your hard work and willingness to share your method and stay with it dispite the sometimes rocky nature of forums.
I have folled the CatFx50 for a long time. I have seen it develop and people try and modify it to become the holy grail. This really is a simple easy to use trading method. I have used it for over 9 months with Very Good results. I have looked at other trading methods, but still trade with this system. Why? Because I have had positive results.
Thanks for your hard work and willingness to share your method and stay with it dispite the sometimes rocky nature of forums.
Regards,
Darren
Hi, Darren!
I'm glad to know that. I have good results too. That's why I keep posting.
Forums are always rocky. No problem.
Linear Mode
