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I do not know what will happen in 5 minutes, but, as you may know already, we are in consolidation mode. And when we consolidate, we get more false signals than bars. So, take care; try to spot a range and trade accordingly.
At 10:30cet, we have UK PMI-Services.
And at 16:00cet, a big one: US ISM.
Good luck!
__________________ Nina
We must fight on the winning side, not on the side we may believe to be correct.
Had a OK day today. +70 pips. I know, only a fraction of what could have been achived, but still ok for a day. I squeesed out some pips from the USD/CHF signal at 15:30 gmt time. This made me think, what does nina think is the "trading hours" of this system. I usually start trading around 0800 gmt and finnish of at 1600 gmt.
Had a OK day today. +70 pips. I know, only a fraction of what could have been achived, but still ok for a day. I squeesed out some pips from the USD/CHF signal at 15:30 gmt time. This made me think, what does nina think is the "trading hours" of this system. I usually start trading around 0800 gmt and finnish of at 1600 gmt.
What do you think?
Hi,
Congratulations.
Trading hours are: from 08:00cet to 18:00cet.
Nina
__________________ Nina
We must fight on the winning side, not on the side we may believe to be correct.
EURUSD, level 1 sell (09:30cet) @ 1,3297 with stop at 1,3325 or at 1,3342 (no way that one). It made a low at 1,3255. + 42 pips.
EURUSD, level 1 buy (17:00cet) @ 1,3315 with stop at 1,3253. No way. Huge stop and average daily range on eurusd was 84 today. Signal to go long came after a retrace of 60 pips.
USDCHF, level 1 buy (09:30cet) @ 1,1941 with stop at 1,1915 or at 1,1904. It made a high at 1,1987. + 46 pips.
USDCHF, level 1 sell (16:30cet) @ 1,1937. No trade. Stop too huge.
GBPUSD, level 4 sell (08:00cet) @ 1,9716 with stop at 1,9743. It made a low at 1,9615. + 101 pips.
TOTAL = + 189 pips.
I did not make a single pips today. I was not trading. Before going to its maximum highs or lows today, pairs made a retracement. So, If I had traded, I'd not have got all those pips for sure.
__________________ Nina
We must fight on the winning side, not on the side we may believe to be correct.
how you calculate the SL and TP/exit?
i know there is no exit method but how you manage yourself to exit the trade?
to enter the trade do we need to wait the candle finish? or just enter after the arrow appears?
how you manage to trade in sideway market? since there are many arrow up and down
btw it is great system
thanks
Quote:
Originally Posted by nina
Hi!!
Recap 06.12.06:
EURUSD, level 1 sell (09:30cet) @ 1,3297 with stop at 1,3325 or at 1,3342 (no way that one). It made a low at 1,3255. + 42 pips.
EURUSD, level 1 buy (17:00cet) @ 1,3315 with stop at 1,3253. No way. Huge stop and average daily range on eurusd was 84 today. Signal to go long came after a retrace of 60 pips.
USDCHF, level 1 buy (09:30cet) @ 1,1941 with stop at 1,1915 or at 1,1904. It made a high at 1,1987. + 46 pips.
USDCHF, level 1 sell (16:30cet) @ 1,1937. No trade. Stop too huge.
GBPUSD, level 4 sell (08:00cet) @ 1,9716 with stop at 1,9743. It made a low at 1,9615. + 101 pips.
TOTAL = + 189 pips.
I did not make a single pips today. I was not trading. Before going to its maximum highs or lows today, pairs made a retracement. So, If I had traded, I'd not have got all those pips for sure.
EURUSD is in sell mode. It should keep like this if it does not break up 1,3296.
USDCHF is in buy mode. It should keep like this if it does not break down 1,1940.
GBPUSD is in sell mode. It should keep like this if it does not break up 1,9614.
As you know, NFP is a monster. So, you can go up 30 pips and then go down 150. So, take care. There have been awful games lately.
Then you have what our "friends" do. FOREX is a non-regulated business and brokers can make whatever they want. And they want your money: do not forget that.
And then you have all those revisions NFP people use to do.
Good luck.
__________________ Nina
We must fight on the winning side, not on the side we may believe to be correct.