CatFx50 - page 422
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CHF Level 2 Buy
hi,
i did not get long sygnal for usdchf but i did get short eurusd and short gbpusd
10 minutes ago.
is it because EMA 120 was to close to price ?
anyone know the reason why catfx did not show sygnal usdchf ?Hi Deepdrunk,
Here is a level 2 buy signal on CHF at 830cet candle. Price goes up through 50 ema, goes back down through 50 ema and then goes back up. All with green stoch.
Dave
Hi,
If price crosses EMA 50, the next opening bar is your signal to go. However, I would be very careful in this market and wait a bit. USD/CHF crossed about an hour ago and there hasn't been much movement.
Also, many of the majors are kissing EMA 50, 100, 200 and the Pivot line, meaning: there's a bunch of hurdles to cross and strength is needed.
moneylinewhy the market is so annormally this week?
which explain we can conclude?
morning all i just got up i dont know what all the confusion was 3 piture perfect level 1 dont over analyze when you see 50 100 200 ema on top of one another thats called 3 in a bed and is always followed by a nice move tale euro 830 chart candle not only did it close below 50 ema but 100 and 200 secondly it closed below todays daily pivot in my reseach of pivot points better than 80% of time when price open above or below pivot it always crosses so entry should have been 2813 target 1 2787 target 2 2758 as for swiss and gbp same thing 3 perfect level 1
secondly it closed below todays daily pivot in my reseach of pivot points better than 80% of time when price open above or below pivot it always crosses
Hi Harold
I did not exactly understand how you mean this. Could you explain it please?
I got the pivot at 1.8900 in Cable today. Just saying it, so we mean the same pivot.
todays main pivot is 8896 on neuimex m4 trader
Well npj6400,
You obviously misunderstood my post. I am by no means asking someone to predict market direction...those are your words. If someone was doing that on this forum, we would all be rich.
It would be great if some of the experienced traders could "help people trade the various catfx50 signals only as they appear in present time according to the entry rules..."
The fact is I haven't seen any of the experienced traders take time to do that. All I read is how difficult it would be for them to post trades, and those are their words. So asking them to confirm whether or not the market conditions are favorable to catfx50 system as a whole, should be much easier.
Nina recently warned about trading during the NFP announcement. That wasn't asking to much. I am sure it also saved many newbies from some dissapointing results.
People on this forum know the levels of this system. If they dont, they need to take more time to read the entire thread as I have. There are ample pictures, charts, and summaries of each level of trade.
The problem is that from the experienced traders down to the newbies, nobody wants to be wrong. No one wants to be held accountable for making a bad trade call. Even if its on their own. So instead of posting a present time quote...we get delayed quote which paints a picture of a positive past. I could use Hindsight on my own.
So rathen than putting pressure on the more experienced traders to give a present time reading of the signal they see (Which would be great if they could, but I haven't seen yet...maybe you have??). It is probably easier for them to do as Nina did, and simply warn us of market conditions..not direction..conditions..that are unfavorable to the catfx50 system.
This is certainly no stairway to heaven.
Hi Cisco
I get your point, however the purpose of asking the more experienced traders should be to help people trade the various catfx50 signals only as they appear in present time according to the entry rules- to clarify what a level 1 is or level 2 is etc. If someone posts"enter Swiss long level 1" and it was clearly not a level 1 trade then nothing wrong with pointing that out as part of learning process.
However we are asking a lot if the person posting is then got to predict the market direction or "feel" as well - you are basically asking for the stairway to heaven.....it would stop people from posting - my view is that many forums fail when this starts to occur - I know that Nina post levels but they are not specific to any one trade .here is what a perfect level 1 looks like in euro this morning
A couple of very basic questions!
Hi - I've tried and failed to find the answers to my questions by searching the threads, so will somebody please confirm that my understanding of some of the basics for entering a trade are correct.
When entering a level 1 buy/sell at the second bar above/below the 50 MA the price to enter at is the open of the second bar regardless of the high/low of the previous bar?
Also, am I right in thinking there are no further trading opportunities until the price returns to the 50MA?
Many thanks.
KJB
Hi KJB
Read the first page of this thread.Then begin grabbin pips.
Well npj6400,
You obviously misunderstood my post. I am by no means asking someone to predict market direction...those are your words. If someone was doing that on this forum, we would all be rich.
It would be great if some of the experienced traders could "help people trade the various catfx50 signals only as they appear in present time according to the entry rules..."
The fact is I haven't seen any of the experienced traders take time to do that. All I read is how difficult it would be for them to post trades, and those are their words. So asking them to confirm whether or not the market conditions are favorable to catfx50 system as a whole, should be much easier.
Ok - I understand what you are saying.
I have been online when traders such as Mibl & haroldfx post setups and entries in real time.
Personally - I would prefer live calls of specific catfx50 setups and then actual entry to assist newbies in decision making process. It keeps the focus on specifics, the problem I see with market condition calls is that they are often variable and open ended , if I contacted 10 different sites or gurus I might get 10 different opinions.
Anyway - I get your point of view...