CatFx50 - page 464

 
 

http://www.ac-markets.com/es/forex_news.asp

they had a notice called "calma chica" how hilarious.

ps the euro/gbp is moving so staying out of the markets

 
mcsqueeze:
they had a notice called "calma chica" how hilarious. ps the euro/gbp is moving so staying out of the markets

Yes they come up with some interesting headlines at times -- they must have fun in their office

 

Another good calendar source

http://www.dailyfx.com/calendar/briefing/ (Edit: - Click on Weeks Dates at top left hand corner to bring up the weekly schedule -- if you dont see that, click on the menu item "Calendar" first).

They only show present week (but show the new week just as soon as the Market opens) -- but sometimes show meetings that

http://www.forexfactory.com dont and visa versa -- good to check a couple of sources to make sure we dont miss something

For those who understand Spanish my favorite commentary and news (and they also show the big meetings of the day) --

http://www.ac-markets.com/es/forex_news.asp

Even though my favorite commentator has been promoted -- those who have followed her are still pretty good.

 

EURUSD and GBPUSD do not trade together.

Take care.

EURUSD is strong so far, look at EURGBP.

Nina

 

By the way there is something I noticed whilst backtesting over the last month regarding entry & exit points

Entry.

When I got a level 1 signal I switched to the 1min chart & used triggerlines set at 15 & 5 to get me in. If the colour of the trigger lines were in aggreement with the direction I was buying or selling then I would get straight in. However if they were not in agreement I would wait till they changed colour & then I would get in. Doing this can sometimes get you in at a 10 pip advantage which means you could hit profit targets sooner or reduce your risk.

Exit

Once entered into a trade I then switch to the 5 min chart & using triggerlines (set to 22 & 10). I then wait for a cross in their colours before I get out.

On backtesting this worked extremely well but unfortunately this week I have not really had chance to test them live due to the way the market has been this week.

Pehaps the more experienced here could offer some thought on this

Jim

 
nina:
EURUSD and GBPUSD do not trade together.

Take care.

EURUSD is strong so far, look at EURGBP.

Nina

EURJPY too

 

Well, I hope you folks got some pips, I made 10 on EURO.

moneyline

 

Hi!

Since this site had tech problems yesterday, I do not get mails of new posts.

USDCHF needs to break clearly 1.2140 and of course 1.2118 if we want some nice movement.

Nina

 
mcsqueeze:
crosses on the majors but no step ma or histo signal. i think yesterday must have killed a couple accounts. so choppy.

Wasn't yesterday a holiday? Maybe that's the reason or part of it.