You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Hi mates, On one of my candlestick shadows a red line has appeared, when I place my mouse arrow on it, it says Trend Line. Can anyone describe to me what the purpose of this red shadow line is. Does it for example, mean that this candle stick is trending down.
Hi Dave1,
I do not really know what you mean - must be something which is not deliberatly there. Do you have a screenshot?
mibl
my appologies mibl, I placed trend lines on the 1hr and 4hr not realising they had shrunk when looking at the Daily chart, one of which coincided with the shadow as a straight line.
Hi, traders!
Thank you Mibl for the recap.
Well, mates, CatFX50 has made nice pips today again. The ones that did not sell eurusd because it was near EMA120, did it right. And the ones that waited for cable to open below EMA120, avoided to be - 12 before going to its low.
Hope and wish you've made some pips.
Good luck!
Nina
todays RECAP
Hi mates,
could not follow today online because I was buzy at work. Nevertheless we had very clear signals today (seen now afterwards on the chart):
EURUSD:
08:30 cet: Level 3 long @[1.2358-83]**, made a high @1.2408 (>09:30 cet) => + [25-50] pips max. favourable excursion (ex spread)
16:00 cet: Level 1 short @1.2349, made a low @1.2333 (>16:00 cet) => +16 pips max. favourable excursion (ex spread)
(18:30 cet: Another entry would have been 18 to 18:30 cet - but this was after standard trading time )
USDCHF:
08:30 cet: Level 3 short @1.2722, made a low @1.2679 (>09:30 cet) => +43 pips max. favourable excursion (ex spread)
17:00 cet: Level 1 short @1.2712, made a low @1.2663 (>21:00 cet) => +49 pips max. favourable excursion (ex spread)
(16:00 cet: @1.2728 I had on my charts no long signal because of aNina did not confirm - that is the chart situation from this evening, I do not know if that was during real time too.)
GBPUSD:
>08:30 cet: Level 4 Long @[1.7875-80], because of overstepping of a former resistance, made a high @1.7929 (>10:30 cet) => +[49-54] pips max. favourable excursion (ex spread)
15:30 cet: Level 1 short @1.7837, made a low @1.7795 => +42 pips max. favourable excursion (ex spread)
(18:30 cet: Another entry long would have been @1.7864 - but this was after standard trading time)
** As I followed the last days - there is often the situation that while the price candle is developing the filter on HistoStepMAStoch is overbeared. Waiting until the candle closes costs a lot of valuable pips.
While filter levels are optional I think we could decide to go in a such trade during the candle (Nina: As I understood our last discussion about the filter levels - please correct if I am not right)
mibl
Good morning traders,
USDCHF
08:30 cet: Long level 2 @1.2699 (above fibo pivot), current high @1.2715, pot. resistance ema120 at 1.2718
GBPUSD
From the current point of view a pot. signal is comming up on next close, short level 2, next pot. resist. is here too ema120 @1.7847
mibl
your opinion usd still sell mode ?
your opinion usd still sell mode ?
Hi, Sae2k!
My opinion, only an opinion, is that $ is still in sell mode. I do not know for how long though. Lets see what US data says today.
EURUSD is so far stronger than GBPUSD.
Take care cause we are stuck and here is where and when all systems have losses.
EURUSD must break clearly 1.2415/20 if we want it to 1.2594.
As long as it holds above 1.2260, it will kiss 1.2594.
Nina
as for the 2 possible trades this morning of which i wasnt up yet my 3 step stoc method kept me out of both but there was a eur long 900 candle 2392 with a high 2416 that would have givin me a winner but i dont get up that early right now with eur we are locked into triple top with a double bottom beware
sold cable 7849 didnt sell euro middle step stoc kept me out
well lost 20 fell for trap oh well tommorrow is another day