Hi!

From Document on post 1:

Level 3 signals (riskier):

For instance, we are in bullish mode: price above EMA 50 and Hist_StepMA_Stoch in green. Suddenly, price goes down crossing or without crossing EMA 50 and obviously without opening below it. Hist_StepMA_Stoch changes to red. We buy when price goes up again always validated by Hist_StepMA_Stoch that should change to green again.

Look at chart attached. We were in bearish mode: price below EMA 50 and Hist_StepMA_Stoch in red. Price goes up and Hist changes to green (00:00cet). Price keeps going up and Hist keeps drawing green bars. Price does not open above EMA50. At 08:00cet Hist changes to red again. Level 3 signal.

Remember what I say regarding to level 4 signals: "we need 2 bars with the same low or high at least". 10:30cet bar's low is 1,8810. 11:00cet bar's low is 1,8810. Short at 1,8809. Yes, I saw it. I have not post it because we were shorts before that.
I'd have taken it at 1,8803 or at 1,8799 though. S1 is at 1,8804 and 1,8800 is a psycho level.

Nina

Attached Images

GBPUSD.jpg (188.6 KB, 210 views)

Hi, traders!!

Recap at 20:45cet:

EURUSD, level 2 buy (08:30) @ 1,2816. It made a high at 1,2829. - 34 pips.
(EMA120 was at 1,2817 and very near to EMA50. As said, when this happens, it is better to wait to take the trade above EMA120 if we do not see momentum)

EURUSD, level 1 sell (10:30cet) @ 1,2782 (reverse of the long trade; there was momentum; aNina had crossed before and histo was red in the making). The standard signal to go short was at (11:00cet) @ 1,2777, more than 20 pips away of EMA50. Lets say we sold it at yesterday's low - 1 pip at 1,2768.
It made a low at 1,2705. + 63 pips.

USDCHF, level 1 buy (11:00cet) @ 1,2378. More than 20 pips away from EMA50. It has made at 1,2462. + 84 pips.

GBPUSD, level 3 sell (10:00cet) @ 1,8815. More than 20 pips below EMA50. It has made a low at 1,8706. + 109 pips.

As signals were more than 20 pips away from EMA50, all of them were riskier. When we have this kind of signals, we can wait to take them at better prices, but this is up to the trader, because we can have a lot of momentum and we could lose the train. But....

TOTAL = + 222 pips.

Nina

Hi Nina,

There hasn't been any mention of your CatFX15M in a couple of months. Are you still working on it? Any news?

Maybe you might give a sneak peek?

Thanks

Nina,
I use MT 4 prading platform. But I keep having problems with my time. The CET, GMT and my local time (EST). Based on my understanding, 10.00 CET= 8GMT (MT4 time) =3.00 am EST. Is this correct?
Thanks

Good Morning Nina,
i have a question for you in reguards to a signal. i was wondering why my chart dint give a buy signal on the usd/chf (09.07.2006) 9:30 am? i am seeing a clear bull candle, with volume of 475. and at the same time it broke through the S1 support. should this have triggered a buy signal on the 30t chart? just wondering.

__________________
" If you are not here to live a perfect life, then you are wasting it. "

There was a Short Signal in the Cable, or am i wrong?

Level 4 sell, I think?

Anyone?

Hi, traders!

Slow market so far. Critical juncture.

Recap 12:00cet:

EURUSD, level 4 sell (08:00cet) @ 1,2713. It has made a low so far at 1,2694.
+ 19 pips.

GBPUSD, level 4 sell (09:00cet) @ 1,8724. It has made a low so far at 1,8699.
+ 25 pips.

USDCHF, level 4 buy (08:30cet) @ 1,2446. It has made a high so fat at 1,2448.

Total so far: + 44 pips.

Nina

Hi,

The right signal was posted here yesterday.

http://www.forex-tsd.com/47670-post6064.html

You could have taken it earlier when Histo bar was in the making and you saw a lot of momentum, but this is out of CatFX50 rules.

Nina

Hi!

10:00cet is 04:00 EST.

Nina