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EURUSD, level 1 buy (10:30cet) @ 1,2716 ( more than 20 pips away from EMA50). It has made a high so far at 1,2741. + 25 pips.
USDCHF, level 1 sell (10:00cet) @ 1,2456. It has made a low so far at 1,2394.
+ 62 pips.
GBPUSD, level 4 sell (08:00cet) @ 1,8650. It made a low at 1,8642 and went up to 1,8707. A lost of 34 pips. This trade was very risky as it was almost at its lows. But a signal is a signal. Take care with cable today. It can make a nice movement down, but... Take care.
- 34 pips.
GBPUSD, level 2 sell (11:00cet) @ 1,8659. It made a low so far at 1,8637.
+ 22 pips.
Well, you are seeing what's going on here. Cable is two choppy today. We had another level 2 sell (12:30cet) @ 1,8664. It made a low so far at 1,8645. + 19 pips.
I'm not going to short it if it does not break 1,8627 with strength.
EURUSD, level 1 buy (10:30cet) @ 1,2716 ( more than 20 pips away from EMA50). It has made a high so far at 1,2741. + 25 pips.
EURUSD, level 1 sell (16:30cet) @ 1,2683. It has made a low at 1,2680. It is trading now at 1,2687. Closed now in order to make the recap. - 10 pips.
USDCHF, level 1 sell (10:00cet) @ 1,2456. It has made a low so far at 1,2394.
+ 62 pips.
USDCHF, level 1 buy (16:30cet) @ 1,2456. It has made a high so far at 1,2461. Closed now at 1,2456. 0 pips.
GBPUSD, level 4 sell (08:00cet) @ 1,8650. It made a low at 1,8642 and went up to 1,8707. A lost of 34 pips. This trade was very risky as it was almost at its lows. But a signal is a signal. Take care with cable today. It can make a nice movement down, but... Take care.
- 34 pips.
GBPUSD, level 2 sell (11:00cet) @ 1,8659. It made a low so far at 1,8637.
+ 22 pips.
GBPUSD, level 2 sell (12:30cet) @ 1,8664. It made a low so far at 1,8602.
+ 62 pips.
Total so far= + 127 pips.
It is not normal to get a level 1 sell and a level 1 buy on the same day without data. We got them today on EURUSD and USDCHF. This tells us that the Market has no direction. A very tough, dangerous and difficult day. Had we only took 15 pips on each signal the result would be: + 16 pips. But on USDCHF we could've taken 30 at least: the same on GBPUSD. So, total = +46 pips at least.
can u explain ur signal with picture ... cause im not clearly understand
Hi, quotingcurrencies!
As you know, we need 2 bars at least with the same high or low for a standard level 4 trade. We did not have that on GBPUSD.
06:00cet bar's high 1,8695
06:30cet bar's high 1,8694
07:00cet bar's high 1,8696
07:30cet bar's high 1,8694
08:00cet bar's high 1,8686
........
But at 10:30cet we had UK data and we had a big momentum up. It is then when we take the highest high and we buy above EMA120 at 1,8697.
EURUSD, level 4 buy (14:30cet-data) @ 1,2620. It made a high at 1,2733. As you know, if it does not make 15 pips at least, it is a lost for me. - 34 pips.
EURUSD, level 1 sell (16:30cet) @ 1,2685. It made a low at 1,2675 so far. We close it now for the recap. 0 pips.
USDCHF, level 4 sell (14:30cet) @ 1,2417. It made a low at 1,2408. - 34 pips.
USDCHF, level 1 buy (16:00cet) @ 1,2455. It made a high at 1,2517. + 62 pips.
GBPUSD, GBPUSD, level 4 buy (10:30cet-data) @ 1,8697. It has made a high so far at 1,8774.
+ 77 pips.
Linear Mode
