Current view on signals
EURUSD: no signal yet - price and HistStepMAStoch ok, but aNina has no crossing
GBPUSD: 8:00 cet: Formal signal at Level 2 short @1.7867, made a current low @1.7806 (>10:30 cet)
more secure entry would have been @1.7856 one hour later (9:00 cet) after price overstep ema120.
//news at 10:30 UK GDP was as expected at 0.6%
USDCHF: 9:00 cet: Level 1 long @1.2693, made a current high @1.2715
(price and HistStepMAStoch give signal before, but confirmation of aNina was first at 9:00 cet)
About the importance of EMA120:
Can you please look at EURUSD chart?
Can you tell me where did EURUSD stop?
Anyone seeing any signals so far today?
I see alot of movement, but no clear direction at the moment on any of the pairs.
Got a buy signal on EUR/USD, but the CHF is showing long as well.
Additionally, the U.S. Durable Goods Orders report is due in about 30 minutes, so I'll wait and see what happens.
Did anyone take the Long signal in EUR ?
USDCHF and EMA 120
Mibl and Nina-
I thank you guys so much.
I used StrategyBuilderFx chart and the candle (4/25 15:00 Hrs) closed beyond both EMA 50 and EMA 120. I was thinking probably the announcement produced enough potential for the price to go even higher and the upper shadow (20 PIps) was probably due to profit taking. I am sorry about my confusion. Again, it was no NFP and 90 PIPs was too big in so short a span. That could have prevented me from taking this trade. I want to know if I am thinking in the right direction.
About the strength of EMA 120, I have absolutely no doubts. In fact, had I waited a little more, I could see the price fell back below EMA 120 pretty quickly.
Thank you guys again very much for explaining the things clearly.
anyone get back in eur long level 2 2421 for a quick 20
Kind of keeping clear right now - hit the News Straddle on the EUR and made some pips - then followed it back down for some more, but the fact that the CHF and the EUR are out of sync has me worried
true but on that move chf hit R1 and came down so next stop was daily pivot so i played the reentry eur
Euro and Swissy above EMA 50 and Cable below EMA 50 at the moment with long candles.
Strange market again today afternoon. Take care