CatFx50 - page 384

[nina]

Hi!!

How are you today?

I feel a little bored.

Try to get in touch with some Ellioticians. They must feel gorgeous

Nina

[avici4x]

EURUSD get high 2959.. I got some pips

[avici4x]

sorry wrong value for the EURUSD, it got high 2956.

[downunderdave40]

Level 3 and 4 Trades

moneyline:
Levels 3 and 4, a further graphic study

OK, here is a study of levels 3 and 4. These will not be the final graphics for these illustrations since

I'm working on better ones in the near future.

The main difference between Level 2 and Level 3:

1. On Level 3 the price doesn't have to cross the EMA50 line
2. The other difference is that Hist_StepMA_Stoch briefly changes color

Level 4:

3. Notice the price breakout in the illustration? It would be hard to ignore, wouldn't it?
4. You don't have to wait for the price to closeto do the trade, get on board and ride that baby!

moneyline

Thanks Moneyline that's exactly what I was looking for. May I ask where you got the level 3 and 4 graphic. Is there a website with this information?

Thanks again,

Dave

[nina]

I'm out.

Just let market have a rest.

Nina

[VR_SYS]

Extreme volatility on current EUR / USD 14:30 CET bar....

[VR_SYS]

That EUR /USD bar just cleaned a few accounts out !.....

[avici4x]

There was news come out so the EURUSD so volatile

[drg00dvibe]

npj6400:
Extreme volatility on current EUR / USD 14:30 CET bar....

definitely staying out of that one.. US trade deficit news was released..

May 12. The trade deficit shrank unexpectedly and was the best reading seven

months. The data could prompt a significant upward revision to Q1 GDP.

Exports rose in line with expectations and recent averages but imports

shrank. The value of imported industrial supplies and materials fell by $3.3

bln (-6.6%), with widespread declines, particularly in energy products. Crude

oil imports fell by 8.7%, natural gas imports fell by 29.5%, liquefied petroleum

imports were down 19.7% and imports of other petroleum products dipped by 4.7%.

Weaker imports of autos, parts and engines also contributed to the sharp drop in

import volume. Imports of non-auto capital goods actually rose by 4.5%. More.

[mibl]

trade balance, NFP and GDP are the most volatile newsmaker for forex.

another smaller one came afterwards at 15:45cet - Uni Michigan consumer sentiment