CatFx50 - page 410
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WOW! What a great way to start the day! I've already exited all 3 trades and things are looking good!
moneyline
Welldone maties, me thinks there is more to be had today.
There sure is Dave, E 12 news release T - 1:15 and counting!
I hope verybody got some pips on those 3, after such a lackluster yesterday, this is a real treat!
moneyline
Moneyline
have you entered in trade on CATFX50 system or any other.
If CATFX50, it was which level 2/3/4 trade
if you can attache chart it will be nice to undestand
Hi,
Look at post 3601 on this thread.
moneylineThank you!
Moneyline
have you entered in trade on CATFX50 system or any other.
If CATFX50, it was which level 2/3/4 trade
if you can attache chart it will be nice to undestandHi kumawat,
See where the long level 4 candle crossed the previous high and continued going up? That's what we are talking about.
moneyline
Thanks
Now i am able to undestand. but it is very risky level 4 trade
Thanks Now i am able to undestand. but it is very risky level 4 trade
Well, there is always a risk in trading. You have to judge the risk by considering the elements shown on your screen. Take a look at this:
a) The price broke through the last high
b) Price was above EMA 50, 120 and 169 ...that's another plus
c) The major that works opposite EUR/USD (the USD/CHF) was also going in the correct direction (down)
d) The major that works together with EUR/USD (the GBP/USD) was also behaving in a normal fashion and going up.
The above means the setup was following "normal" behavior. So, once you take into account all the risk factors and it looks very favorable, take the trade...why not?
moneyline
EDIT: What I mean by the majors that work together with the EUR/USDisn't that they always work in that fashion, but they do a great amount of the time. As Nina says: "Trade what you see on your screen."
The high on the daily's for gbpusd is close at 1.8997
And kissing R3
EDIT: E-12 report T- 5 minutes and counting
moneyline