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looks like sharks (mthr fckers) did know in front about good housing number
i was vondering all morning why $ is going up and all researches advice to buy eurusd around 12770, sll usdchf 12350....
hard to folow any system if you dont have information....
Hello, Nina.
I has read through all thread. Has become very interested in your system, has decided to test.
I have a question about today's signals: USDCHF, level 1 buy (11:30cet) @ 1,2363 (pivot at 1,2369).
I take this signal, but I have pivot at 1,2380 from yesterday day’s range. You look pivot levels on yesterday or on today's?
looks like sharks (mthr fckers) did know in front about good housing number
i was vondering all morning why $ is going up and all researches advice to buy eurusd around 12770, sll usdchf 12350....
hard to folow any system if you dont have information....
Hi!
I do not agree with that level 1 sell on cable at 1,9013 (16:30cet). Histo bar was in the making.
The right sell is now (17:00cet) at 1,8995. But according to daily ranges, that short is very,very risky.
Hello, Nina.
I has read through all thread. Has become very interested in your system, has decided to test.
I have a question about today's signals: USDCHF, level 1 buy (11:30cet) @ 1,2363 (pivot at 1,2369).
I take this signal, but I have pivot at 1,2380 from yesterday day’s range. You look pivot levels on yesterday or on today's?
In advance thanks.
Hi!
Well, today's pivot is based on yesterday data ( Friday in our case).
EURUSD, level 1 sell ( 10:00cet) @ 1,2785. It has made a low at 1,2730 so far.
+ 55 pips.
USDCHF, level 1 buy (11:30cet) @ 1,2363 (pivot at 1,2369). It has made a high so far at 1,2394. + 31 pips.
GBPUSD, level 1 sell (17:00cet) @ 1,8995. Now, cable is trading at 1,19008. When we had this signal, I said that it was very risky cause cable was at its daily range lows. As explained, we ought to take into account the r/r ratio when we have a signal. You can have the best system in the world but, if you do not do any kind of Money Management, your system is worth less than nothing.
Here you are with a nice and very useful indicator that will tell you what we can expect when we have a signal according to the pair's daily range you are trading and to your r/r ratio.
It can avoid false signals like today on cable, for instance.
A pair can break its daily range; of course it can and it does sometimes. But you need to be very confident if you want to sell a pair when it is at its daily lows. It is much better to wait for a retrace if it is the case.
Here you are with a nice and very useful indicator that will tell you what we can expect when we have a signal according to the pair's daily range you are trading and to your r/r ratio.
It can avoid false signals like today on cable, for instance.
A pair can break its daily range; of course it can and it does sometimes. But you need to be very confident if you want to sell a pair when it is at its daily lows. It is much better to wait for a retrace if it is the case.
Some days ago I´ve added stopreversalv2 like a filter with defaults settings. And does an excelent job filtering false signals. Today it filtered the gbp greatly.
Sometimes you need to refresh the chart or do a little timeframe change to see the correct draw, but I don´t care .