CatFx50 - page 431

 
nina:
Hi!

Good morning!

We've had level 4 signals:

EURUSD, sold at 1.2713 (level 4). Low at 1.2693. + 20

GBPUSD, sold at 1.8673 (level 4). Low at 1.8632. + 41

USDCHF, sold at 1.2169 (level 1). Low so far at 1.2145. It bounced off at EMA120 with pivot. + 24.

We have a level 1 buy on eurusd at 1.2764. This trade is going to be a lost if USDCHF can not break clearly EMA120 and pivot. Target if it does that: 1.2118. Take care at 1.2130.

About EURUSD, it has pivot at 1.2777 and EMA120 at 1.2775.

NIna

good to know

 

which pivot point is the best?

fibo points?

 

I think perhaps pivots are a matter of choice. Some like fibo, some like standard pivots.

BTW, I just made my pips from EUR/USD, I cashed out at the pivot line.

moneyline

 

GBP Trade

I just took 15 pips on a EUR trade up to the pivot. I have Neuimex, when I enter a trade it gives me a choice of volume (how much each lot is worth)but not how many lots to trade. How do you enter multipule lots and then peel them off?

Dave

 

Hi Down,

I would imagine you enter 3 separate trades. For example, I already have my trade setup with default SL and TP. When I want to initially enter a trade, it's a 2 click deal. You could setup likewise and all it would take is 6 clicks to enter your 3 trades.

Once you see what the price action is doing, I'm sure you can go back in and redo your SL and TP settings.

Matter of fact, I'm working on a script that will allow me to execute trades with only 1 click.

moneyline

 

cable has crossed ema50

so if then opens new candle above ema50 should be a valid level 1?

 

Hi Dellan,

As far as I can see it's a valid signal. It's now 1.5 hours 'till the London market closes, think we'll have enough time to get pips?

moneyline

 

Well, that's up to you. It does look tempting, though!

moneyline

 
nina:
Hi!

Good morning!

We've had level 4 signals:

EURUSD, sold at 1.2713 (level 4). Low at 1.2693. + 20

GBPUSD, sold at 1.8673 (level 4). Low at 1.8632. + 41

USDCHF, sold at 1.2169 (level 1). Low so far at 1.2145. It bounced off at EMA120 with pivot. + 24.

We have a level 1 buy on eurusd at 1.2764. This trade is going to be a lost if USDCHF can not break clearly EMA120 and pivot. Target if it does that: 1.2118. Take care at 1.2130.

About EURUSD, it has pivot at 1.2777 and EMA120 at 1.2775.

NIna

Ok, as USDCHF has broken Pivot and EMA120, EURUSD gave us our 15 pips at least and USDCHF has made a low at 1.2124, just 6 pips shy of my target.

Nina

 
moneyline:
Hi Dellan,

As far as I can see it's a valid signal. It's now 1.5 hours 'till the London market closes, think we'll have enough time to get pips?

moneyline

so do you recommend to wait a few?

ps:

London Open 07:00 GMT

London Close 16:00 GMT

Reason: