Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
USDCHF, level 1 sell (09:30cet) @ 1,2684 (40 pips below EMA50) with stop loss at 1,2714-19. No room to go down. It made a low at 1,2676. Closed at 1,2707 (13:00cet), when it opened above EMA50. - 25 pips.
hi nina,
that can't be. it was about 20 pips below the ema (ema:2705, candle closed 2686).
I do not know what you think about this dull market, but what I do know is that I'm not trading so far. We are in waiting mode. Maybe 14:30 data will give us a direction.
Neuimex has made a low on eurusd in this 11:00cet bar at 1,2545 which is absolutely false. EURUSD low so far in this bar has been 1,2555, real money platform.
EURUSD, level 1 sell (15:00cet) @ 1,2524 with stop loss at 1,2548. Not much room to the south. It has made a low so far at 1,2485. + 39 pips.
USDCHF, level 4 buy (14:30cet) right fractal up @ 1,2704 with stop loss at 1,2690. It has made a high so far at 1,2769. + 65 pips.
USDCHF, if not taken that fractal trade, level 1 buy (15:00cet) @ 1,2744 with stop loss at 1,2728. No room to the upside. It has made a high so far at 1,2769.
(+ 25 pips).
GBPUSD, level 1 sell (15:00cet) @ 1,8570 with stop loss at 1,8601. It has made a low so far at 1,8534. + 26 pips.
Dollar Rally Resumes on Strong Consumer Spending and Confidence
Dollar rallies in early US session after mixed retail sales report. The headline retails sales dropped by 0.4% in September, much weaker than expectation of a 0.2% rise. Ex-auto sales also dropped 0.5%, below expectation of staying flat. Sales excluding autos, gasoline and building materials, which the government uses to calculate GDP for consumer spending, increased 0.8% in, strongest in eight months. Based on these number, consumer spending remain healthy and further support that Fed won't be cutting rate soon. Also, U of Michigan consumer sentiments came in stronger than expected in Oct, rising from 85.4 to 92.3, above expectation of 86.5.
Other data from US include Export prices and Import prices which dropped 0.5% and 2.1% in September respectively versus expectation of 0.2% rise and 1.2% fall. Business inventories came in at 0.6%.
Can you post your closed trades statement (include the time stamp) so I can see where you entered and closed this trade above .. It will help me when I analyse the system to see better how to enter and exit like you.