CatFx50 - page 249

traderix
10
traderix  

Hi, Harold 4x

on your post #2391 you show three diff. Step Ma versions.

What is the input for the middle one, which kept you out of the bad trade?

Thxs

Traderix

nina
2768
nina  

Hi,

Just a reminder (posted early this morning. 2482):

EURUSD should not lose 1.1968 on an hourly close. If it does, it could go to 1.1950-40-30-10 and 1.1865 - 1.1817 - 1.1785 and 1.1720.

GBPUSD, while below 1.7424, it is set to go to 1.7310-1.7308-1.7241-1.7180.

USDCHF, while above 1.3077, it is set to go to 1.3196 and 1.3330.

Nina

harold4x
758
harold4x  

Morning All I Shorted Euro/usd At 2002 All 3 Step In A Line Slow Market So We Will See

Angela
46
Angela  

I shorted too 2003 - let us both be right

harold4x
758
harold4x  

there is an up trend around 1983 that will cause problem there may be only 15 -20 pips to get

Angela
46
Angela  
harold4x:
there is an up trend around 1983 that will cause problem there may be only 15 -20 pips to get

That would do nicely Would have preferred it to have closed the hour below 120 though!

harold4x
758
harold4x  

what do you mean close the hour below 120

Angela
46
Angela  
harold4x:
what do you mean close the hour below 120

I would have been more confident of a further down move if it had closed on the hourlies below 1.2000 - as u can see, it didn't and we have a small move up. The reverse would most likely have happened had it closed below 1.2000. All in my humble opinion of course.

harold4x
758
harold4x  

i see well it has formed a bearish wedge though so it may go up to 2014-2020 before heading down market very slow and its getting late so keep you eyes open and use money management plus 200 ema on 4 hour chart helping to keep price from climbing

Angela
46
Angela  
harold4x:
i see well it has formed a bearish wedge though so it may go up to 2014-2020 before heading down market very slow and its getting late so keep you eyes open and use money management plus 200 ema on 4 hour chart helping to keep price from climbing

Thx Harold. My stop is above pivot which is above daily high (so far).Far enough away I hope to keep me out of trouble