CatFx50 - page 460

David
86
David  

Ive also noticed some impressive gains on GBP/JPY

David
86
David  

And GBP/CHF, but i suppose its more likely that your stops would get hit due to the volatility.

moneyline
689
moneyline  

Perhaps you could trade with other currencies. The problem is that brokers charge more for some of those spreads.

moneyline

eric79
308
eric79  

There are possible level 1 signals coming up but pivots are in the way. What do you think?

moneyline
689
moneyline  

EUR/USD has a crossing, but it's so close to pivot, steps don't all confirm and Hist_StepMA_Stoch is green but within filter area. Besides, there's also it's range line to cross.

moneyline

eric79
308
eric79  

Yes, but GBPUSD was a signal on my chart. But i wouldn't take it because i don't trust it today.

jwoger
180
jwoger  

Ditto Ditto

moneyline
689
moneyline  

Besides, existing home sales data is coming out right now.....be careful, this is a news driven event!

moneyline

moneyline
689
moneyline  
eric79:
Yes, but GBPUSD was a signal on my chart. But i wouldn't take it because i don't trust it today.

Yeah, I show it as a very weak signal too. Trading during news time is not a good idea, other than to take advantage of the swings. That's what I did with the 2 news releases today.

moneyline

eric79
308
eric79  

You mean the GDP and initial jobless claims?

I ususally don't trade news except for the nfp.

Congratulations if you could get some pips there today.