But, where do the numbers come from in Nina's quote above?
Looking at the EUR/USD and GBP/USD charts and do not see.
On USD/CHF chart I see the 1.2743 as a fib pivot "overshoot-1" or is that coincidence?
Are these fib, cam or pivot numbers? Or where do they come from?
I am new to trading so maybe it is a stupid question.
Any help appreciated.
I' m not sure either, I dont remember a post explaining these levels.
I have had a wild stab at producing levels based on the support/ resistance of the ema50 on the daily chart - see attached, I have also looked at Fib retracements and expansions but they do not line up with Ninas figures...
Nina - any chance of an explanation or could someone else fill us iin...
GMT versus Other Time Zone
Does it matter which time zone I use for the indicators in the CatFX50 system as long as they are all set the same?
Right now I have all of them set for GMT since InterbankFX data is time-stamped with GMT. Would it be beneficial, for example, to time-shift the indicators to New York time zone if I were going to do most of my trading in the New York session? Or does this make no difference in trading CatFX50?
Thanks a lot for the good explanation in post # 2070.
ps: well done in the cricket yesterday!
we're having signals now correct?
buy cable, and sell usd chf?
StepMA Stoch on eurusd today reached 0.04, next candle was 0.07 --> that was a buy sig?
Yes, we have signals. I'm in.
Have a nice day.
YES - my first live trades:
Buy 1 Lot USD/GBP 1.7566
Sell 1 Lot CHF/USD 1.2887
no risk no fun
not sure for eurusd - i decided to stay out ...
Today's signals so far:
EURUSD, no signal.
GBPUSD, level 2 long (09:30cet) at 1.7546. Made a high at 1.7576. + 30 pips.
USDCHF, level 2 short (10:30cet) at 1.2907. Made a low at 1.2878. + 29 pips.
Total so far: + 59 pips.
could you attach charts please as i do not get those signals
Here you are: FOCUS, PATIENCE AND DISCIPLINE.