CatFx50 - page 252
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level 2 signal for chf/usd question
hello Nina
this is Ted
Myself and my friends have been using your system together from this week and found out how great your system giving us a good signal.
This morning (from Euro time to US time), we caught good pips with eur,gpb,chf.
One of my friends told me that right after he used your system he had 5 consecutive win.
Since the English is 2nd language for us, I am the representative for my group to write down questions and thank you message to you.
About eur/gbp, I understood your explanation.
One question.
we saw USD/CHF made a couple of just touching to 50EMA but not quite enough crossing,
and after that price was going down.
I attached picture, in the picture there were 2 touching to 50EMA,
could you tell me that they wrer good "level 2" signal?
Thank you in advance.
(by the way, I was thinking till today that Nina is your name and you are lady. My friends found out that
its your cat's name and you are gentleman.!! LOL
)
ted
Hi, Ted!
You like that, don't you?
Look, my friend, divide the rate at any given time of EURUSD by the rate of GBPUSD and you'll have the rate of EURGBP. Try it.
What does it mean? Arbitrage.
When EURGBP moves, one of them does the opposite of the other. That's it.
Ninahello Nina
this is Ted
Myself and my friends have been using your system together from this week and found out how great your system giving us a good signal.
This morning (from Euro time to US time), we caught good pips with eur,gpb,chf.
One of my friends told me that right after he used your system he had 5 consecutive win.
Since the English is 2nd language for us, I am the representative for my group to write down questions and thank you message to you.
About eur/gbp, I understood your explanation.
One question.
we saw USD/CHF made a couple of just touching to 50EMA but not quite enough crossing,
and after that price was going down.
I attached picture, in the picture there were 2 touching to 50EMA,
could you tell me that they wrer good "level 2" signal?
Thank you in advance.
(by the way, I was thinking till today that Nina is your name and you are lady. My friends found out that
its your cat's name and you are gentleman.!! LOL
)
tedHi, Ted and friends!
Thank you for your kindly words.
When price kisses EMA50 like your example, it means that, once broken, EMA50 has become a strong resistance. To be called level 2, we need price opening at least one bar above, in that case, EMA50 with Hist keeping always in red.
When you see price keeps bouncing off EMA50 , you can short it, like today, but this is not CatFX50 system.
On USDCHF we had today a good, a very good example of 1-2-3 pattern.
I've posted nina's levels too -a gift. So, today, everybody should have made 15 pips at least.
Nina
thank you !
Hi NIna
I totally understood.
Thank you very much!
ted
Hi, Ted and friends!
Thank you for your kindly words.
When price kisses EMA50 like your example, it means that, once broken, EMA50 has become a strong resistance. To be called level 2, we need price opening at least one bar above, in that case, EMA50 with Hist keeping always in red.
When you see price keeps bouncing off EMA50 , you can short it, like today, but this is not CatFX50 system.
On USDCHF we had today a good, a very good example of 1-2-3 pattern.
I've posted nina's levels too -a gift. So, today, everybody should have made 15 pips at least.
NinaHi NIna
I totally understood.
Thank you very much!
tedHi ted_newyork,
Could you tell me where you got the indicator that is blue highlighted on the chart you posted. It appears to highlight your trading times.
Thanks,
Frayed
indicator
here !!
this one is good to see the time!
Hi ted_newyork,
Could you tell me where you got the indicator that is blue highlighted on the chart you posted. It appears to highlight your trading times.
Thanks,
FrayedThanks,
I appreciate it.
Frayed
Can someone tell me, why i had no buy signal on nina indicator, sets to 2000 bars, on attached screenshot. Till this time, 0_Nina indicator worked for me fine.
Today's recap:
eurusd: no signal today, long signal @1.2031 was yesterday 18:30cet after regular trading time
usdchf:
level 1 signal was before regular trading time, 3:30cet short @1.3074
level 2 signal 11:00cet short <1.3059 during the candle when histo step ma went below -0.04 filter level.
level 2 signal 16:00cet short @1.3049
--> made a high now @1.2957 --> about +92 Pips maximum movement
usdgbp:
level 1 long signal @1.7379 11:00cet
--> made a high now @1.7481 --> about +102 Pipsmaximum movement
mibl
To make things easier my sugestion is: A post with all the right indicators and alerts for this stradegy. I think that is not a hard thing to do, why don't "you" help? Someone? please! Thanks in advance!
Hi creative,
yes that would be fine and easy
- but....
Everything you need you'll find here in the thread or moreover in the forum. Just take a look. This is no ready-to-trade-and-win-system - there must be only a little effort of everyone here to contribute to the catfx50-comunity and to learn about the system and trading in general.
I am very thankful for this thread and system provided by Nina. I am glad that not everything of this system is "regulated" and everyone must find his own way. It is important to deal with the system and the corresponding trading style. If you don't do it you will loose with this or any other system!
Everything you need is here in the thread. Nevertheless newdigital spoke in this post https://www.mql5.com/en/forum/173201/page105that he will organize this at any time. To help him and you, here is a short composition to some basic indicators as I also referenced earlier in this thread and that I use.
Step MA Stoch (Igorad)
https://www.mql5.com/en/forum/173201/page5
and the same as Histo-StepMA-Stoch (Igorad and Kalenzo)
https://www.mql5.com/en/forum/173201/page71
and the same as aNina with arrows (ShadowWz)
https://www.mql5.com/en/forum/173201
additionally: FiboPivots (Kalenzo)
https://www.mql5.com/en/forum/173201/page82
additionally: Tradetime (Kalenzo)
https://www.mql5.com/en/forum/173201/page101
additionally: time_to_bar_close (mibl)
https://www.mql5.com/en/forum
additionally: IND Inverse
https://www.mql5.com/en/forum/173201
additionally: MAX Moving Average
https://www.mql5.com/en/forum/173201
How the ema50 works everyone should know for themselves. The current indicators that combine the others and create signals with arrows and sounds I think do not work propperly all time.
mibl
PS: Hope I could help...
Can someone tell me, why i had no buy signal on nina indicator, sets to 2000 bars, on attached screenshot. Till this time, 0_Nina indicator worked for me fine.
I'm sorry no, perhaps a programming problem inside the code - use aNina from post https://www.mql5.com/en/forum/173201/page152 - this works better.
mibl