Hi!

I think there are people out there that have made a CatFX50 EA, but I do not know who they are. I do not have it.

__________________
Nina

We must fight on the winning side, not on the side we may believe to be correct.

Focus, Patience and Discipline

Hi!

I thought I'd seen all a man can see when being in this "almost scam world called trading in general". I was wrong. I got a mail from Elliot Wave International. They say that oil has gone and goes up because there is a wave and they deny "its fundamental reasons".

http://www.elliottwave.com/freeupdat...-Part-III.aspx

In China, oil demand was 1.07 billion barrels in 2006, up from 166 million ten yers earlier, a 600% growth. And what about India?

Pals, the day you think a tech pattern is going to change the world, that day you'll be dead or the biggest scam guru on earth.

"I had heard about technical analysis and chart patterns, and looking at this stuff I would say, what kind of voodoo is this? I was very, very skeptical that technical analysis had value. So I used the computers to check it out, and what I learned was that there was, in fact, no useful reality there. Statistically and mathematically all these tools -- stochastics, RSI, chart patterns, Elliot Wave, and so on -- just don't work. If you code any of these rigorously into a computer and test them they produce no statistical basis for making money; they're just wishful thinking. But I did find one thing that worked. In fact almost all technical analysis can be reduced to this one thing, though most people don't realize it: the distributions of returns are not normal; they are skewed and have "fat tails." In other words, markets do produce profitable trends. Sure, I found things that work over the short term, systems that work for five or ten years but then fail miserably. Everything you made, you gave back. Over the long term, trends are where the money is." DR. Gary Hirst.

Fundamentals, fundamentals, fundamentals.

__________________
Nina

We must fight on the winning side, not on the side we may believe to be correct.

Focus, Patience and Discipline

Hi!

Very tough week we've had on EURUSD. But it has closed the week above my line in the sand: 1.5463. So, for me now, as long as it keeps above, it is bullish and it should try to hit 1.5506 - 35 - 49 at least.

We have a lot of EZ data this week. We'll see where it will close next Friday.

__________________
Nina

We must fight on the winning side, not on the side we may believe to be correct.

Focus, Patience and Discipline

hi there, very interesting this cat

i was wondering if to enter i have to use TF = 30....or if i can use the TF 5 minutes to get into the trade....
which is the exact way to use it? i read the docs....and they are pretty clear....
but was still wondering if i can use it on TF 5 minutes....
what do u think about?

i will soon study how to write EA....it is really interesting!

Is anyone making money on Ninas systyem?

Hi!

tjames, I do make money with CatFX50 system and many others do too.

Is CatFX50 system the only "tool" I rely on when trading? It isn't.

I never forget the daily open. I look at hourly opens. I have a plan. I have my weekly goal. I do not trade all day long. I've learned with blood and pain that trading is "gambling". I like to scalp. It is easy to do so if you know what you are doing. I trade mainly eurusd now. I've learned to focus on one pair. I've learned when to trade it. I have CatFX50 always running on TF 30m, but I use hourly and 5m charts without any indicators at all. And I never forget my levels of support and resistance.

I do not take into account nothing of what pundits say. No forecast. They know the same than you and me and their living does not come out of trading, but selling.

I do not think, I trade what I see. If I do not like what I see, I do not trade. When scalping, I always close 50-75% of my position once at +5-8 pips and then I place stop at be+1. I do not let any single trade go 10 pips against me. If I lose twice, I do not trade more that day. Sometimes, I get 5 pips to see my stop hit at be+1 and then the pair goes with fury up or down without me. No problem. I won and that is great. Sometimes, I enter and I do not have time to close it cause it keeps giving me easy money.

Again, learn to trade based on price action. Learn to trade using naked charts.

Good luck!

__________________
Nina

We must fight on the winning side, not on the side we may believe to be correct.

Focus, Patience and Discipline

Hi!

Pundits say the worse is already over in USA. From here to the Moon. OK, now they are looking for a hike on US rates. Great. Gorgeous.

The majority of pundits work for the system. The system wants your money; the system needs you to be always on the buy side; the system wants you to feel happy; the system needs you to buy whatever thing you see; the system needs you. Well, the system doesn't care about you, but your money.

CNBC is the paradigm of what I'm saying. Bull shit every second. The FED has bailed out the strongest with your money and you are going to pay the bill. Sure you will.

But the FED will not hike, my friends. They will not do it for quite a long time.

You will see the next NFP. If I'm wrong, sorry; I'm not a pundit and I do not work for the system. So, I'm free to say whatever thing I think.

Hundred thousands of American citizens are feeling the pain and they are paying the bill. None of those Wall Street bastards have been sent to jail. None of those rating agencies have been prosecuted.

Back to basics.

EURUSD hit 1.5549 and closed at 1.5593. It made a high on Friday at 1.5601.

__________________
Nina

We must fight on the winning side, not on the side we may believe to be correct.

Focus, Patience and Discipline

Hi!

The same pundits that said the worst was over in USA and ECB was more likely to cut than to hike are now saying

Isn't that nice?

Learn to trade what you see. The more pundits you look at, the worst for your money. They do not know more than you: trust me.

They get paid to say what they say. They hardly trade, they sell.

The more indicators you use, dipper will be the hole in your pocket.

EURUSD high so far: 1.5673.

__________________
Nina

We must fight on the winning side, not on the side we may believe to be correct.

Focus, Patience and Discipline

Hi!

This is what system's pundits say:

MARKET SNAPSHOT
Stocks slide as inflation woes take toll
Dow off 200 points as oil nears $130, crimping consumer-related stocks

WOW, wasn't oil a problem a week ago?

Tomorrow we have a very important piece of data related to EURO:

10:00 EUR German Ifo Business Climate Index 102.1 102.4
10:00 EUR German Ifo Business Expectations Index 96.5 96.8

If you are trading eurusd when data comes out, take care. 1.5549 on eurusd is key now.

__________________
Nina

We must fight on the winning side, not on the side we may believe to be correct.

Focus, Patience and Discipline

hi nina, i am quiet new in this thread...i m slowly reading it all...it is very interesting...

this morning i entered on cable at 1.9632....i thought all the indicator where ok....
but prehaps it was better to wait to enter becouse of german ifo news?

i am still keeping the cable sell position open...let's see....